Port News

Reports about traffic restrictions and warnings, interesting events and other incidents.

526 days ago by Swiss63

New Maersk Feeder Service
Maersk Line will launch a second intra-Baltic service later this month and introduce a weekly shuttle between Gdansk, Poland, and the port of Kaliningrad, Russia. The service will be operated by the 868 teu semi-open top feeder vessel RUTH, which is to perform her first voyage on 18 May.

526 days ago by Swiss63

New Maersk Feeder Service
Maersk Line will launch a second intra-Baltic service later this month and introduce a weekly shuttle between Gdansk, Poland, and the port of Kaliningrad, Russia. The service will be operated by the 868 teu semi-open top feeder vessel RUTH, which is to perform her first voyage on 18 May.

526 days ago by arnekiel

Port of Djibouti to Raise $5.9 Billion From Investors for Infrastructure
Djibouti is in talks with India, China, Brazil, Russia and Arab investors to finance infrastructure projects worth $5.9 billion, the head of the country’s ports authority said, Bloomberg reports. The Horn of Africa nation, which is seeking to become a middle-income nation by 2035, plans to develop rail links, ports, and oil and gas pipelines, Djiboutian Ports and Free Zones Authority Chairman Aboubaker Omar Hadi said in an interview today. Commitments for “close to 57 percent” of the project costs have already been received from China, India, a Saudi Arabian fund and other investors, he said in London. The projects include a doubling of capacity at the Doraleh container port to 3 million containers a year by 2015, according to documents distributed by the Djiboutian government at a conference in London. That would rank it as the continent’s biggest such facility, it said. www.bloomberg.com...

526 days ago by arnekiel

Batam used as Iranian oil sales base
Iran is using an Indonesian port on the island of Batam to sell oil to Asian customers as western sanctions make sales ever more difficult, Reuters has reported. “Iran has been using this strategy for the past few months,” analysts at FGE, an energy consultancy, told Reuters. “The strategy is taking the crude to islands in Asia via VLCCs and selling it from there. It’s a crucial stream of revenue for the country, so it’s very important they sell as much as they can.” Iran has shipped oil via other islands in Asia to help maintain exports. In September, Reuters reported Iran was parking oil at Labuan in Malaysia before shipping it on to other destinations.

526 days ago by arnekiel

Shell to supply LNG bunkers in Great Lakes - liquefaction unit planned at Sarnia
Energy giant Shell is to supply liquefied natural gas (LNG) bunker in the Great Lakes, and will be the exclusive supplier of shipper Interlake Steamship Company (Interlake), the shipper says. Interlake is converting its ships to run on the fuel, and plans to convert the first vessel by the spring of 2015. The company says it expects its ships to be the first of their kind to operate on the Great Lakes. Shell said it plans to install a small-scale liquefaction unit capable of producing 250,000 tonnes per annum of LNG in Sarnia, Ontario, Canada, with Interlake as its first customer.

528 days ago by arnekiel

A.P. Moeller-Maersk A/S aims to win more African port contracts
A.P. Moeller-Maersk A/S (MAERSKB), owner of the world’s largest container line, aims to win more African port contracts after a group to which it belongs was selected to build and run a container terminal in Ivory Coast. Maersk has operations in more than 40 African nations and generates about 10 percent of its sales in and around the continent. Besides its shipping business, the Copenhagen-based company has interests in nine ports in eight West African countries and supplies oil- and gas-related services. Maersk joined with Bollore SA and Bouygues SA to win the 450 million-euro ($591 million) contract for the second container terminal in Abidjan, Ivory Coast’s commercial capital, according to a March 25 e-mail from Bollore. The terminal will start operating in 2016, it said. Maersk is targeting annual sales growth of at least 10 percent from Africa in coming years. Shipments of agricultural products, including timber and fruit, are rising as the continent diversifies its trade away from raw materials.

528 days ago by arnekiel

Port of Le Havre elected « Best Seaport in Europe » for the 3rd year running
HAROPA groups together the ports of Le Havre, Rouen and Paris, thus constituting one of the most efficient transport systems for the maritime gateway to Europe. The 18,000 Asian customers, readers of Cargonews Asia newspaper, the leader of the professional press in Asia, re-elected HAROPA best European seaport for the year 2013. HAROPA was selected among eight major European ports including Hamburg, Rotterdam and Antwerp.

528 days ago by arnekiel

Singapore Retains Crown As Best Seaport In Asia
The Port of Singapore once again clinched the Best Seaport in Asia award at the Asian Freight and Supply Chain Awards (AFSCA), retaining its crown as Asia's port of choice. The award was presented to Singapore for an unprecedented 25th time at the 27th AFSCA held on May 9 evening in Beijing.

528 days ago by arnekiel

Japanese Mitsui & Co, Ltd. acquires Latvian port of Riga operator
Japanese conglomerate Mitsui & Co, Ltd has acquired an 80% share in the Latvian port operator SIA Rigas Universalais Terminals (RUT), reported news2biz LATVIA. The sale was carried out through Mitsui's subsidiary Portek International Pte, and the sum of the deal reached EUR 21m. RUT is a multi-purpose terminal operating at the Freeport of Riga, which is the busiest port in Latvia. In particular, Mitsui stresses that the port accounts for 70% of Latvian exports of wood products, such as lumber, furniture, wood pellets and wood chips; timber traditionally is the strongest Latvian export. In 2012, main cargo loaded by RUT was timber and wooden granules, although it also lists containers among its main cargo. In 2012, it loaded about 2.5m tonnes of cargo, which makes it the second-largest universal terminal in the port. Mitsui sees Latvia and Riga as a springboard to the Eastern European market. Latvia has railway connections to Russia and Belarus and, through them, to CIS countries such as Ukraine, Kazakhstan and Uzbekistan.

529 days ago by arnekiel

China to invest $1.2bn in Jamaican port project
China Harbour Engineering Company Limited (CHEC) is set to invest between $1.2bn and $1.5bn in the development of a shipment port in Jamaica, though the location has not yet been determined. Though the Port Authority of Jamaica and CHEC signed a memorandum of understanding (MOU) almost a year ago, the Chinese company has suggested its contribution and the project scope be “radically expanded”, rendering the prior site at Fort Augusta too small. Funded by CHEC and China state construction firm CCCC, Jamaica’s prime minister Portia Simpson Miller was quoted by port finance international as saying: “It will consist of transshipment facilities, a logistics centre, industrial plants, a cement plant and perhaps a power plant.” The project will be implemented over five years, and employ 2,000 people during the construction period. When completed, the industrial park will employ approximately 10,000 majority Jamaican workers. The MOU will now be in force for another year to allow for studies and environmental assessments. Source: Constructionweek Online

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