Kalmar to Help Bimbo's Ops at Mexico
Kalmar has concluded a deal to supply a total of three Kalmar Ottawa Electric Terminal Tractors T2E to the Mexican bakery product manufacturer Bimbo.Kalmar, part of Cargotec, said in a press release that the order was booked in Cargotec's 2019 Q1 order intake, with delivery of the machines scheduled to take place during Q3 of 2019.Bimbo is the largest baking company in the world, with 199 plants and more than 1,800 sales centres across 32 countries throughout the Americas, Europe…
2018: Record Year for Port of Antwerp
With a growth of 5.2% in 2018 compared to previous year, the Port of Antwerp has confirmed the earlier forecasts for a 6th consecutive year record."The confirmation of the port's attractiveness and the consolidation of its position as a global player and the largest integrated European chemical cluster are essential to the continuity of its role as the largest economic engine of Belgium. Below you will find the final annual figures for 2018," said a press release from the Europe’s second-largest seaport.The total transhipment in 2018 was 235.2 million tonnes…
Boluda Corporación Goes to N. Europe
Shipping services provider Boluda Corporación Marítima has signed a letter of intent to acquire all the shares, worth 300 million euros, of Kotug Smit Towage.The Netherlands-based towage services provider Kotug Smit Towage is operating in North Sea countries (United Kingdom, Netherlands, Belgium and Germany).Boluda Corporación Marítima is now in talks to acquire 100% of the towage company Kotug Smit Towage created in 2016. The shares are owned equally by the two companies Kotug International BV and Royal Boskalis Westminster NV…
Fitch: Port Growth to Level Off
Volume growth will continue for ports throughout the world but at a more modest pace over the next 10 years, according to Fitch Ratings in a new report. Global port throughput has shown resilience over the last 10 years with throughput growth outpacing economic growth rates despite volatility through the last recession. Containerization of cargo and increasing vessel sizes coupled with supporting infrastructure at ports have all contributed to these throughput trends. However…
$1B Container Terminal for Costa Rica
A consortium of Van Oord and BAM International completed the construction of the APM Terminals Moín in Costa Rica. Last week’s inauguration of the container terminal will enable products to be shipped on transatlantic routes to European and Asian markets without transshipment.The project represents a total investment of $1 billion and is built on a 40-hectare artificial island. The terminal has a 650-m long quay wall and a container yard with the capacity to hold 26,000 TEUs (Twenty-foot Equivalent Units), including power connection capacity for 3,800 refrigerated containers.
Konecranes: Four Harbor Cranes to YILPORT
In the first quarter of 2019, Turkey-based YILPORT HOLDING, the 12th biggest global container terminal and port operator, ordered four high-performance Model 8 mobile harbor cranes for two terminals in Latin America. Two of the large Konecranes Gottwald cranes will begin operation in Puerto Quetzal, Guatemala, in mid-2019, followed by two cranes in Puerto Bolivar, Ecuador, just two months later.YILPORT’s four new eco-efficient diesel-electric Model 8 mobile harbor cranes from Konecranes will mainly handle containers in two terminals.
New Container Port Opens in Costa Rica
The inauguration of APM Terminals Moín, Costa Rica yesterday will enable products to be shipped on transatlantic routes to European and Asian markets without transshipment.The new terminal will also move Costa Rica to number one for connectivity, out of 139 countries ranked by the World Economic Forum, said a press release from the international container terminal operating company headquartered in The Hague, Netherlands."At APM Terminals we partner with governments to become the best port operator in the world and Moín is a great example.
2018: 'Grand Cru' Year for Antwerp Port
Europe’s second-largest seaport, the Port of Antwerp in Flanders, Belgium said that with a 6th year record, growth in all cargotypes and a recent wave of investments, 2018 will be a 'grand cru' year."The confirmation of the port's attractiveness and the consolidation of its position as a global player and the largest integrated European chemical cluster are essential to the continuity of its role as the largest economic engine of Belgium," claimed a press release from the port.With a growth of 5.2% compared to 2017, the earlier forecasts for a 6th consecutive year record are confirmed.
Kalmar Bags Uruguay Terminal Order
The provider of lifting solutions Kalmar has agreed a deal to supply seven terminal tractors and six forklift trucks to the Rio Estiba terminal in Nueva Palmira, Uruguay.The Cargotec group company said that the order was booked in Cargotec's 2018 Q4 order intake with delivery scheduled to take place in Q2 of 2019.Rio Estiba provides port logistics services, including loading and unloading of cargo, coordination of intra-port operations, in-terminal transport, and administration and cargo handling in port warehouses.
Suez Canal Extends Bulker Toll Discounts
The Suez Canal Authority (SCA) has extended discounts concerning dry bulk vessels operating between American and Asian ports after considering “new changes in the global shipping market and the world economy”."SCA pays more attention to its users best interest, and has recently taken steps towards being the safest, most secure, most reliable and most competitive compared to other routes," said a press release.It said that the rebate granted to (Laden/Ballast) Dry Bulk Vessels operating between Americas' ports and Asian ports…
Empowering Women in the Maritime
The International Maritime Organization (IMO) has launched a new logo for its Women in Maritime programme, as part of its mission to support the United Nations Sustainable Development Goal 5: Achieve gender equality and empower all women and girls.Programme lead Helen Buni said: "The IMO Women in Maritime programme supports the participation of women in both shore-based and sea-going posts, under the slogan Training-Visibility-Recognition’, through a wide range of gender-specific activities.
2018 is Record Year for Antwerp Port
With a 6th year record, growth in all cargotypes and a recent wave of investments, 2018 will be a 'grand cru' year for the Port of Antwerp, said an update of the annual figures by the company.According to the final annual figures for 2018, with a growth of 5.2% compared to 2017, the earlier forecasts for a 6th consecutive year record are confirmed. The total transhipment in 2018 was 235.2 million tonnes, a new record, with unprecedented growth in all cargotypes.The strong growth in container traffic continued to 130.9 million tonnes (+6.4%) or 11.1 million TEU (+6.2%).
Cosco Shipping Buys 60% Stake Peru's Chancay Terminal
Global ports operator Cosco Shipping Ports acquiring 60% stake in Terminales Portuarios Chancay (Chancay Terminal) from Volcan Compañía Minera for a total consideration of US$225million.Zhang Wei, Vice Chairman and Managing Director of Cosco Shipping Ports and José Picasso, Chairman of Volcan signed the agreement on behalf of the two parties.The ceremony was witnessed by Mercedes Aráoz, Vice President of Peru, Xiao Yaqing, Chairman of State-owned Asset Supervision and Administration Commission of the State Council…
Boluda Names Javier Fernández Bombín Director of Las Palmas Terminal
Shipping company Boluda Lines’ subsidiary Boluda Maritime Terminals has appointed Javier Fernández Bombín as new director of Boluda Maritime Terminal Las Palmas.He has taken up the new position at Boluda Corporación Marítima today, on 14 January. The terminal is responsible for providing and managing logistics services in the main ports of Spain.Javier Fernández Bombín replaces Javier Climent, who has managed the Las Palmas terminal since 2013. On 27 November 2018 Climent was appointed as the new corporate director of Boluda Corporación Marítima in the Canary Islands…
Taiwan's Evergreen Opens Four New Offices in Latin America
Taiwanese container transportation and shipping company Evergreen Marine Corp. is expanding its operations into Central and South America this year following the recent opening of four new agency offices in the region."In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. The move will strengthen the effectiveness of the line’s operations, improve its capability to react to market opportunities…
Evergreen Opens Four Offices in Latin America
In view of the growth potential in Latin American trade, Evergreen Line is continuing to establish its own offices at main service locations in the region. Evergreen Line has opened its own agency in Colombia following the establishments of other offices in Peru, Chile and Mexico over the past few months. In setting up these offices Evergreen confirms its continued commitment to serving the trade and economy of Latin American west coast region. The dedicated personnel at these locations will have responsibility for local marketing and sales…
Seacor Marine Acquires Three Fast Support Vessels
U.S. offshore vessel owner Seacor Marine has acquired of three fast support vessels (FSVs) in exchange for the private placement of 603,872 shares of its common stock to domestic U.S. holders affiliated with the McCall family of Louisiana.The provider of global marine and support transportation services to offshore oil and natural gas and windfarm facilities worldwide has operated the acquired vessels for the past ten years under a revenue sharing pooling agreement along with four of its owned FSVs of similar specification.As part of the transaction, this pooling agreement was terminated.
Arison Take the Helm for FCCA
The Florida-Caribbean Cruise Association (FCCA), the trade association that represents the mutual interests between destinations and stakeholders in the Caribbean and Latin America and FCCA Member Lines, which operate 95 percent of the global cruising capacity, has announced that Micky Arison, chairman of Carnival Corporation & plc, will become chairman of the FCCA Executive Committee and Albino Supino Di Lorenzo, vice president of cruise operations for MSC Cruises USA, will become chairman of the FCCA Operations Committee…
Moody's Rated Panama Canal with Stable Outlook
Moody's Investors Service reaffirmed the Panama Canal Authority's (ACP) A2 long-term rating with a stable outlook, based on its distinctive position as an infrastructure asset with a unique geographic advantage and business model, and its strong historical operational and financial performance.According to Moody's, the ACP's strong financial performance has resulted in better than anticipated financial metrics, driven by the successful operations of the Expanded Panama Canal.
Kalmar Books Order for 30 Ottawa Terminal Tractors
Kalmar, part of Cargotec, has secured an order to supply a total of 30 Kalmar Ottawa T2 Terminal Tractors to the Tecon Santos container terminal in Brazil, operated by Santos Brasil Participações S.A. The order was booked in Cargotec's third quarter 2018 order intake, with delivery of the machines scheduled to take place through the first quarter of 2019.Tecon Santos is located in the largest port in Latin America and is one of Brazil's leading logistic company and biggest container terminal.
Chinese Consortium Bags USD 1.4bln Panama Bridge Project
The government of Panama gave a US$1.4 billion contract to build a bridge over the Panama Canal to Panama Cuarto Puente, a Chinese consortium.Panama Cuarto Puente consortium or so-called Panama Fourth Bridge Consortium, composed of China Communications Construction Company (CCCC) and its unit China Harbour Engineering Company (CHEC), will design and build a bridge over the Panama Canal.According to a report in Reuters, the 6.5-km (4-mile) bridge will have six car lanes and a two-way metro line.
Global Container Trade Lost Momentum in Q3: Maersk
Global container trade continued to lose momentum in Q3 2018, with growth down to around 2.7% compared to Q3 2017, said A.P. Moller - Maersk in its Q3 interim report.Year-to-date, global container trade has increased by 4.2% compared with the same period last year, a much slower pace of growth than the 5.8% recorded in 2017 Container trade remained fairly weak on the EastWest trades, growing by 1.9% in Q3.Growth was driven by European imports from Asia of 2.3%, refl ecting descent…
Gulfport’s Long Road Back From Hurricane Katrina
When Jonathan Daniels, executive director of the Mississippi State Port Authority at Gulfport spoke to the audience at the annual state of the port luncheon July 27, 2018 at the newly rebuilt Island View Casino, he had a lot to offer in terms of jobs. And he had two aces in the hole: SeaOne, an untested compressed liquefied gas company and Yilport, a terminal company operated by an ambitious Turkish port developer. Both had letters of intent dating back two years with much to do.As has been the case since before Daniels took over from Don Allee in 2013…
Costa Rica Grants Green Light to Moín Terminal
APM Terminals’ Moín Container Terminal (MCT) in Costa Rica has been granted permission by the National Council of Concessions (CNC) to start commercial operations at its first deep-sea berth. This is a key step for the terminal, which is on schedule to be fully operational in February 2019.The permit, which is subject to meeting all safety and service requirements, will enable the transfer of all commercial container ships currently serviced at Puerto Limón and Puerto Moín to the MCT.
Crowley Urges Against Pilotage Fee Hike in Port Everglades
Port Everglades' largest tenant is urging the Florida Board of Pilot Commissioners to reject a proposed fee increase for harbor pilot services that it says would unfairly raise average pilotage costs more than 100 percent for shipping lines that call frequently at the port.While the proposed fee structure would decrease fees for cruise ships, it would hike the costs for companies that operate frequent-call feeder vessels that sail in and out of Port Everglades, Crowley Maritime Corporation said in a statement.
ONE, Hapag-Lloyd Partner for Feeder Services
Japan's Ocean Network Express (ONE) and Germany's Hapag-Lloyd have agreed to share space on their feeder services.As the first step, the cooperation will cover specific Intra-Europe (BAX, NBS, NPX, REX, SDX, ADX, LEX) and Intra-Asia (BHX, HAS, PID) feeder trade lanes. The carriers have already ushered in a new Intra-Asia service, the Bohai Feeder (BHX) in August and will further introduce a new Intra-Europe service, the North Sea Poland Express (NPX), in mid-October to further…