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Sunday, July 21, 2019

Buenaventura News

Basra Gateway Terminal. Photo: ICTSI

ICTSI Net Income Up 22% in 2018

Manila-head quartered port and terminal operator International Container Terminal Services (ICTSI) has released solid results for 2018. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.The port operator said in a stock exchange annoucement that its consolidated volume higher by six percent to 9,736,621 twenty-foot equivalent units (TEUs) (FY2017: 9,153,458 TEUs) and revenue from port operations increased 11 percent to US$1.4 billion (FY2017…

Photo:  ICTSI

ICTSI Income Falls as Volume Rises

Philippines-based International Container Terminal Services Inc (ICTSI)  has announced a 6% decrease in income in its consolidated financial results for the first half of 2018.However, the port operator saw overall throughput rise 4% to 4.7m teu in the first half compared to 4.5m teu handled in the previous corresponding period in 2017, mainly on robust trade in the emerging markets and contributions from new terminals in Lae and Motukea in Papua New Guinea and the Australian…

APL Gwangyang. Photo: APL

APL Enhances Asia–Latin America Network

APL, ocean carriers, providing world-class container shipping and terminal services,  has announced the launch of the Quetzal Express (QEX) service, a new weekly service that directly connects the key markets of China, Mexico and West Coast South America. APL, part of the CMA CGM said that the QEX service promises the industry’s fastest transit time of 22 days from South China to Mexico. It is also the only service that offers a direct connection from Taiwan, Central and South China to Puerto, Quetzal and Guayaquil.

Quetzal Express Image by APL

APL adds QEX Service to Asia–Latin America Network

APL announced the launch of the Quetzal Express (QEX) service, a new weekly service that directly connects the key markets of China, Mexico and West Coast South America. The QEX service promises the industry’s fastest transit time of 22 days from South China to Mexico. It is also the only service that offers a direct connection from Taiwan, Central and South China to Puerto, Quetzal and Guayaquil. Together with the Condor Express (CDX), Falcon Express (FCX) and Caracara Express (CRX) services that APL recently introduced…

Photo courtesy International Container Terminal Services,

ICTSI volume hits 9.2 mi TEUs

International Container Terminal Services, Inc. (ICTSI) reported audited consolidated financial results for the year ended 31 December 2017, posting revenue from port operations of US$1.244 billion, 10 percent higher compared to US$1.128 billion in 2016; Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$578.0 million, 10 percent better than the US$525.1 million generated the previous year; and net income attributable to equity holders of US$182.1 million, up one percent compared to the US$180.0 million earned last year.

Map: CMA CGM

CMA CGM Expands Latin America Services

The CMA CGM Group announced it is reinforcing its offer, starting April 4, 2018, between Asia, Mexico and the west coast of South America in a partnership with COSCO and Evergreen. With three weekly and complementary services to those already operated by the CMA CGM Group, this new offer will provide expanded port coverage: 10 ports in Asia, three ports in Mexico and four ports among the largest of the west coast of South America. It will also reduce transit times, a strategic asset for our customers, especially producers of perishable goods and fresh fruits.

APL Rolls Out Service Linking Asia, Latin America

APL said it will add a weekly Asia Latin America Express 3 (AE3-AW3) service connecting China, Hong Kong, Taiwan and other key Asian markets to Mexico and the West Coast South America. “The Asia Latin America Express 3 service further enhances our Asia-Latin America service coverage, extending it in West Coast South America,” said Adeline Franger Chouraqui, APL Head of Latin America. Transit times from Ningbo to Mexico, Panama and Colombia will be 18, 24 and 27 days respectively.

Photo courtesy of Evergreen Line

Evergreen Rolls Out Sea Freight Services for Alibaba Members

Evergreen Line has teamed up with Alibaba.com to provide Alibaba.com members with the option of booking sea freight services online with guaranteed space and prices. Evergreen Line has also appointed Evergreen Logistics Corporation as a designated provider of customized, comprehensive logistics solutions for Alibaba.com members opting for its sea freight services. The growth of e-commerce has resulted in small, fragmented orders from global buyers. Taking note of the need for user-friendly logistics services of smaller volume shippers…

Photo: Hapag-Lloyd

Hapag-Lloyd's Newest Ship Named Guayaquil Express

Hapag-Lloyd held a naming ceremony in Hamburg for the Guayaquil Express, the fourth of five newbuildings in its 10,500 TEU class. The patron is Christine Kühne, wife of Klaus-Michael Kühne, majority shareholder and Honorary Chairman of Kühne + Nagel International AG. Among those attending the christening at the Container Terminal Altenwerder in the Port of Hamburg were Olaf Scholz, the Mayor of Hamburg, and Angela Titzrath, the CEO of Hamburg Hafen und Logistik AG. “This naming ceremony is a symbol of the close connection to our home port…

Deal Struck to End Protest which Snarled Buenaventura Port

Colombia's government said on Tuesday it has reached a deal with community leaders in the Pacific port city of Buenaventura to lift a 21-day civil protest that halted exports of coffee and other goods. Residents demanded more funding for the violent and poverty-stricken city, which has a population of about 415,000 people, many of whom lack basic public services. Protesters held large marches and blocked roads into the city and its five ports, stranding truck drivers and causing shortages of foodstuffs.

Protest Holding Back Cargo from Buenaventura Port

A protest by residents in the Colombian Pacific port city of Buenaventura has prevented the shipment of hundreds of thousands of tonnes of cargo, the government said on Wednesday, adding that officials are negotiating with community leaders. Residents are demanding more funding for the violent and poverty-stricken city, which has about 415,000 residents, many of whom lack basics like running water. The week-long protest has blocked roads, preventing the arrival of coffee and other goods to ports, and sparking looting at supermarkets last weekend.

Map: CMA CGM

CMA CGM, Hamburg Sud Launch Americas Service

French container shipping company CMA CGM announced the launch of its new service between the west coast of the United States, Central America and South America, to be operated in collaboration with the German shipping company Hamburg Sud. Starting May 24, CMA CGM will offer a weekly service with coverage to/from the west coast of the United States, Central America and South America, enabling the agri-food industry in Central and South America to export to North American markets.

Map: CMA CGM

CMA CGM Rolls Out Asia-West Coast South America Offer

CMA CGM has  announced the launch of the new service offer between Asia and West Coast South America, the most comprehensive offer on the market between these two strategic areas. - 4 direct weekly services between Asia and West Coast South America and the Caribbean (NEW ACSA1, NEW ACSA2, NEW ACSA3 et PEX2). - The largest port coverage in Asia, in South America and the Caribbean with 29 ports called. - The best transit times on the market between Asia and West Coast South America.

Valparaíso Express (Photo: Hapag-Lloyd)

Hapag-Lloyd Names First of Five 10,500 TEU Box Ships

Hapag-Lloyd held a naming ceremony for the first of its five new vessels in its new 10,500 TEU class containerships, Valparaíso Express. Valparaíso Express was named by Rozío Gonzaléz – wife of Andrónico Luksic, Chairman of the Board of the Quiñenco Group – who performed the ceremony at the Terminal Pacifico Sur (TPS) in the port of Valparaíso, where the new ship will call regularly going forward. The Quiñenco Group is the largest shareholder of CSAV, one of the three controlling shareholders of the Hapag-Lloyd.

(Photo: SAAM)

SAAM Buys Majority Stake in Costa Rican Port

Port, towage and logistics services company SAAM said it has signed through its subsidiary SAAM Puertos an agreement to acquire from the company Sociedad Portuaria Regional de Buenaventura (SPBRUN), the control of the two concessions at Puerto Caldera, major terminal of the Pacific Coast of Costa Rica and the second in terms of cargo transferred in the country. With the materialization of this operation, SAAM will control 51 percent of Sociedad Portuaria de Caldera (SPC) and of Sociedad Portuaria Granelera de Caldera (SPGC), whose transfers total 4.9 million tons.

4,298-TEU capacity CMA CGM Jamaica (Photo: Port of New Orleans)

New Container Service from New Orleans to S. America

The world’s third largest container shipping company initiated a new direct service from the Port of New Orleans to the west coast of South America this week. Marseille, France-based CMA CGM launched its Med Americas service with the arrival over the weekend of the container ship Pomerenia Sky at the Napoleon Avenue Container Terminal. The new service is wholly-operated by CMA CGM vessels and will offer weekly and direct service to San Antonio, Chile; Callao, Peru; and Buenaventura, Columbia.

Containership Cutbacks on Asia to Mexico/South America Route

Hamburg Süd and CCNI on the one hand and China Shipping, Hanjin and Hyundai on the other have reached agreement on optimizing their service offering during the forthcoming slack season between Asia and Mexico/South America West Coast with effect from mid-November 2011. To this end, the partners’ three slings will be reduced to two. Sling 1 of the new service will see the deployment of eleven 5,500 TEU vessels (nominal), of which Hamburg Süd is to provide ten and CCNI one. In Sling 2 ten container ships with a capacity between 3,100 and 4,500 TEU (nominal) will be deployed.

Piracy & Armed Robbery: Latest ICS Report

The Piracy & Armed Robbery Report section below follows the definition of Piracy as laid down in Article 101 of the 1982 United Nations Convention on the Law of the Sea (UNCLOS) and Armed Robbery as laid down in Resolution A.1025 (26) adopted on 2 December 2009 at the 26th Assembly Session of the International Maritime Organisation (IMO). Around 130nm South of Port Harcourt, Nigeria. Armed pirates boarded a container ship underway. They kidnapped four crew members and escaped. No injuries were reported to the remaining crew members who sailed the ship to Senegal. Further details awaiting.

Hamburg Süd Restructures Several Services

Responding to changing market conditions and subject to approval by the Federal Maritime Commission (FMC), as from February 2012, Hamburg Süd will restructure its services from North Europe and Mediterranean to Central and South America West Coast as well as to North America West Coast. The new configuration allows for an extensive service scope with connections to the worldwide Hamburg Süd network and likewise delivers significant cost efficiency – with no capacity increase in the market.

Pedro Gomez (Photo: Dan-Bunkering)

Dan-Bunkering Boosts South America Presence

Dan-Bunkering, expands its presence in Colombia and enters into a partnership with Petrocosta for physical supplies in Cartagena. This partnership is complementary with the current one with Australian Bunkers in Buenaventura, and will develop and strengthen Dan-Bunkering’s physical presence in Latin America. Dan-Bunkering will handle all sales and will provide risk management while Petrocosta will handle the sourcing, blending, supply, and storage of the products. Adding to Pedro Gomez’ last statement…

The Coffee Route Map: Maersk Line

Maersk Takes Coffee Very Seriously

Maersk acknowledges that coffee is very special, mainly in regards to the processes and requirements involved for it’s shipping. "So we have adapted the way we work so we can meet your needs," says a statement from  Maersk. "We offer you a wide coverage of ports in Colombia (Buenaventura, Baranquilla, Cartegena and Santa Marta) with weekly and constant services," it says. • Never miss an opportunity by having equipment availability. • Book spaces, manage and print documentation easily through our online e-solutions in maerskline.com, so you can do more from the comfort of your office!

Kalmar E-One² Zero Emission RTG

Kalmar Bags Colombia's SPRBun Order

Kalmar, part of Cargotec, has been awarded a major port equipment order from long-standing customer Sociedad Portuaria Regional de Buenaventura S.A. (SPRBun) as they gear up for growth at their operations in Terminal Especializado de Contenedores de Buenaventura S.A. (TECSA) in Buenaventura, Colombia. The order was booked into Cargotec's 2015 second quarter order intake, with delivery of all units scheduled to be completed by April 2016. The value of the order is more than EUR 25 million. The delivery includes 14 Kalmar E-One2 rubber-tyred gantry cranes (RTGs) and six Kalmar forklift trucks.

Map: CMA CGM

MED AMERICAS will Replace MGE Service

CMA CGM is revamping it MGE service becoming the MED AMERICAS, stand-alone CMA CGM service with dedicated fleet of 11 vessels of 2,500 TEU, in a continuous effort to improve service coverage, frequency and reliability. Starting with m/v POMERENIA SKY voy. 067MGW for Mexican/US Gulf/Caribbean/West Coast South America origins and m/v ANGOL voy. A unique offer, with a special focus on the reefer market from Chile, Peru, Ecuador & Colombia to the Mediterranean area. Five new direct calls to West Coast South America: Balboa…

Photo: APM Terminals

Maersk Acquires Grup Maritim

APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4.3 million TEUs and an estimated annual container volume of 3.5 million TEUs. The transaction is expected to close by the end of the year and is subject to certain conditions precedent, including relevant approvals. Terms and price were not disclosed.

Grup Maritim TCB equity-weighted container volume of 2 million TEUs ranked 23rd among global terminal operators in 2014; APM Terminals ranked 3rd with 38.3 million.

APMT to buy Spanish Container Terminals Operator

APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4.3 million TEUs and an estimated annual container volume of 3.5 million TEUs. The transaction is expected to close by the end of the year and is subject to certain conditions precedent, including relevant approvals. Terms and price were not disclosed.

Chief Warrant Officer Richard Sambenedetto shows off his 'Shipmate' tattoo in his office at Coast Guard Sector Delaware Bay in Philadelphia, Monday, Nov. 2, 2015. Sambenedetto’s motto is 'Shipmate For Life.' (U.S. Coast Guard photo illustration by Chief Petty Officer Nick Ameen)

"Shipmate For Life"

Mr. Sam is many things. He’s forever a Coast Guard chief, a cutterman by trade and a chief warrant officer by choice, but above all he’s a shipmate for life. Known by those who work with him as Mr. Mr. Sam’s presence does not go unnoticed. He is a tall and boisterous man decked out in nautical tattoos that embody the sailor’s spirit. Even his feet are tattooed – a rooster on his right and a pig on his left, representing a belief that those tattoos will keep a sailor afloat at sea. Stationed at Coast Guard Sector Delaware Bay in Philadelphia, Mr.