Ports

  • Cooperation and development agreement signed with...

    In response to the global movement to decarbonize the transportation industry, and consistent with its leadership in environmental issues, the Montreal Port Authority continues to evolve towards clean energy, notably green hydrogen, ethanol and methanol. On June 10, it signed a cooperation and development agreement with Greenfield Global, which specializes in the production of biofuels. In the wake of dockside shore power implemented in 2017, the development of green hydrogen will make indirect shore supply of electrical power possible for the marine industry.

     

  • On-shore power plant at Kiel’s Ostseekai...

    An important step for climate protection in the port of Kiel. At the Ostseekai, the Minister of Economics, Transport, Labour and Technology and Tourism of the State of Schleswig-Holstein, Dr Bernd Buchholz and Kiel’s Lord Mayor, Dr Ulf Kämpfer, officially commissioned one of the most powerful on-shore power plants in Europe together with the CEO of the Costa Group, Michael Thamm and Dr Dirk Claus, Managing Director at the PORT OF KIEL. After the successful integration test, the “AIDAsol” was the first cruise ship to be connected to the shore power supply system on 16th June. With 16 megawatts, the facility can supply a cruise ship at the Ostseekai and the Stena Line ferries at the Schwedenkai in parallel with electricity produced from hydropower in a climate-neutral way. Minister Buchholz: “Today we are taking a big step in making maritime shipping in Schleswig-Holstein even more eco-friendly.” The state of Schleswig-Holstein supported the construction of the 13.5 million euro plant with about 9 million euros and successfully lobbied at the federal level for a reduction of the EEG apportionment on shore power. “With this investment, which now enables shore power supply at a total of three locations in Kiel, the seaport should also be very far ahead in international comparison. The plant will save thousands of tonnes of CO2 and thus relieve the people in the state capital considerably,” said Buchholz. This showed once again that ecology and economy can be well balanced, he added.” After all, we want to stay in the game as a cruise metropolis, but we want to do it with the best environmental conditions – and that’s exactly what we have here.”

     

  • Fitch affirms Adani Ports at ‘BBB-‘; outlook...

    Fitch Ratings has affirmed India-based port operator Adani Ports and Special Economic Zone Limited’s (APSEZ) Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘BBB-‘. The Outlook is Negative. A full list of rating actions is at the end of this commentary.

     

  • Gulftainer appoints Javier Echeverria as chief...

    Gulftainer, parent company of GT USA, which operates the Port of Wilmington and Port Canaveral, has appointed Javier Echeverria as its new chief financial officer. The recruitment of Echeverria is a next step towards the continued growth and international expansion of UAE-headquartered Gulftainer, one of the world’s leading privately owned independent port operators.

     

  • Los Angeles becomes first Western Hemisphere Port...

    Fueled by the nearly year-long boom in imports, the Port of Los Angeles has become the first port in the Western Hemisphere to process 10 million container units (TEUs) in a 12-month period. The port marked the milestone with a ceremony today, June 9, alongside the symbolic loading of a container aboard the CMA CGM Amerigo Vespucci.

     

  • Kalmar enters into Strategic Cooperation with...

    Kalmar, part of Cargotec, has led the delegation to the signing ceremony of the Strategic Cooperation Agreement between Sichuan Port and Shipping Investment Group (SPSI) and Cargotec Corporation on 8 June 2021 in Chengdu, China. The agreement covers the vision of the two parties to establish a long-term cooperative relationship from the development of land port, water port, logistics park, multi-mode transport, intelligent logistics integrated services as the starting point.

     

  • Retail Sales Continues to Drive Import Volumes at...

    Strong retail sales as US consumers return to stores with COVID-19 restrictions being relaxed are continuing to drive record import numbers and contribute to the record-setting volumes across America’s largest container ports. According to the National Retail Federation, the volumes are on track to set new records for the year. The retail trade association, however, notes the continued disruptions to the supply chain and the potential to cause challenges as retailers prepare for the busy fall and holiday season sales periods.

     

  • Congestion grows in China’s Yantian Port due to...

    The container shipping industry and global supply chain from China are facing a fresh challenge due to a disruption at Yantian and the neighboring Shekou ports in southern China near Hong Kong. The province is facing increased restrictions, which are impacting port operations at one of China’s busiest export terminals, due to newly reported cases on COVID-19. 

     

  • Philippine Tycoon Enrique Razon Consolidates...

    Billionaire Enrique Razon is consolidating his stake in Manila Harbor Center into International Container Terminal Services Inc. (ICTSI) as part of initiatives to boost efficiency in the Philippines’ busiest port.

     

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Shanghai targets 47 million TEU annually through growth and automation

Already the busiest container port in the world, Chinese officials announced an ambitious plan to further expand Shanghai by 2025. The efforts to enlarge the regional port operations and enhance the use of technology are part of the fourteenth five-year plan that also encompasses cruise ship operations and air travel. 

 
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JNPT witnesses upswing in cargo handling; JNPT handled 441,984 TEUs during the month

With the easing of lockdown restrictions and pickup in the domestic economic activity, Jawaharlal Nehru Port Trust (JNPT), one of the premier container handling ports, recorded a throughput of 441,984 TEUs in June 2021 as compared to 289,292 TEUs in June 2020. A growth of 52.78% as compared to the same period last year. In terms of rail operations, JNPT handled 88,849 TEUS of ICD traffic from 548 rakes in June 2021, and the Rail-Coefficient is 20.10%.

 
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The container ship DJANET makes its first call at the Port of València

The Port Authority of Valencia (PAV) has handed over the traditional commemorative “Socarrat” to the container ship DJANET, which has made its first call at the Port of Valencia. The 172-metre long ship of the Algerian-flagged CNAM MED company, built in 2020, has docked at the Valencian port area from Genoa.

 
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Port authorities adopt common responses to emerging challenges

Port authorities across the globe are working together to craft strategies to remain agile, adaptable and innovative in response to emerging challenges in the maritime industry. Faced with major new threats, at least 19 port authorities from Africa, Asia, Europe, Middle East, and the US have signed a new declaration on collective responses to disruption, digitalization and decarbonization.

 
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Steepest decline in cargo volumes since 2009 at Dutch Seaports

Throughput at seaports in the Netherlands experienced the steepest decline in 2020 since the 2009 financial crisis. While the impact of the coronavirus pandemic was apparent on shipping, the Dutch national statistical agency Statistics Netherlands (CBS) released a report seeking to quantify the impact on the seaports and trade including the Port of Rotterdam’s which is Europe’s busiest container port.

 
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