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Monday, August 26, 2019

The Terminal News

Pic: Natural Gas Public Company (DEFA)

China-led Consortium Bids for Cyprus LNG

The Natural Gas Public Company of Cyprus (DEFA) announced that a Chinese-led consortium has been chosen as the preferred bidder for the construction of a EUR 250 million liquified natural gas (LNG)  import terminal and related infrastructure.The authorities announced that the consortium of JV China Petroleum Pipeline Engineering Co Ltd, AKTOR S.A. and METRON S.A., with Hudong-Zhonghua Shipbuilding Co. Ltd and Wilhelmsen Ship Management Limited has emerged as the preferred bidder…

DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem. Photo: DP World

DP World Profits Up 27% in H1 2019

Dubai International Ports Group (DP World) announced a strong financial results for the first six months of the year ended June 30, 2019 and its profits soared by 27% to US$753.Acquisitions and growth in non-containerized revenue helped revenue climb to $3.46 billion, although on a like-for-like, constant currency basis the revenue increase was 11 percent, said the Dubai-based company.Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “DP World is pleased to report like-for-like earnings growth of 22% in the first half of 2019 and attributable earnings of $753 million.

Pic: JAXPORT

JAXPORT Acheives Record July

Jacksonville Port Authority (JAXPORT) announced that it has achieved its best ever July container volumes, with overall container movements increasing 19% compared to the previous July.More than 116,000 twenty-foot equivalent units (or TEUs, the industry standard for measuring containers) moved through JAXPORT in July 2019, said Florida’s largest container port by volume.So far in Fiscal Year 2019, more than 1.1 million containers have moved through JAXPORT, an increase of 9 percent over the same period last year. The port’s fiscal year runs Oct. 1- Sept.

Interview: Todd Fuller, President, Associated Terminals

Associated Terminals runs an impressive mid-stream cargo handling operation on the Lower Mississippi River, unloading bulk carriers with high-efficiency cranes loading a carousel of barges. Maritime Reporter & Engineering News/MarineLink.com spent some time with Todd Fuller, President, Associated Terminals to discuss the operation.For those not in the know, provide an overview of the Associated Terminals assets in your New Orleans midstream cargo ops.Associated Terminals operates 13 deep draft midstream berths and 11 deep draft fixed dock facilities on the lower Mississippi River.

Photo:St. Louis Regional Freightway

Missouri Plans Inland Container-On-Vessel Service

Missouri Governor Michael Parson visited the Mississippi River town of Herculaneum on August 12 to find out more about statewide efforts to deliver a new option to transport freight along the inland waterways and what role an innovative waterway vessel could play in moving larger volumes of goods and commodities along both the Mississippi River and Missouri River and their tributaries. He was joined by a group of Missouri lawmakers, Jefferson County elected officials, representatives from the port authorities of Jefferson County, Kansas City and Jefferson City, and others.

Image: Konecranes

Konecranes Retrofits Crane in DP World Liège

Konecranes Port Services, the team of crane and lifting engineers, software developers and product technicians, will retrofit electrification to a Model 2 Konecranes Gottwald Mobile Harbor crane in DP World’s Liège Container Terminal in Belgium, lowering the terminal’s local emissions and noise.The Port of Liège, strategically located along the Meuse river in eastern Belgium,  is the third-largest river port in Europe, directly linked to both Antwerp and Rotterdam.The DP World Liège Container Terminal (DPW LCT) is the only trimodal terminal in Wallonia…

Image: Napier Port

Napier Port Lists on NZX

New Zealand's Napier Port successfully completed its $234 million initial public offer (IPO) with a listing ceremony at the Port’s Breakwater Road site in Napier.After ringing the bell to welcome in trading of the Port’s shares on New Zealand Exchange (NZX) under the ticker ‘NPH’ on August 20, Chairman Alasdair MacLeod said the success of the IPO would allow investment in the infrastructure necessary for the Port to extend its 150-year record of supporting economic growth in the region.“Today is the culmination of a 5-year journey that has seen the Port…

Image: Essar Ports

Essar Ports Posts Robust Growth

Indian private ports operator, Essar Ports Limited posted overall 17 percent growth in the cargo throughput at 13.5 million tonne for the first quarter of current fiscal ended 30 June 2019 as against 11.5 MT in the corresponding quarter last year."Higher capacity utilization at its recently commissioned terminals at Salaya and Vizag, and an increase in third-party cargo, were the two key factors that will help the Company achieve its target of handling 60 million tonnes of cargo by 31 March 2020…

Photo: JAXPORT

Highest July Container Volumes for JAXPORT

The Jacksonville Port Authority (JAXPORT) has achieved its best ever July container volumes, with total container movements increasing 19 percent over the previous July. More than 116,000 twenty-foot equivalent units (or TEUs, the industry standard for measuring containers) moved through JAXPORT in July 2019.So far in Fiscal Year 2019, more than 1.1 million containers have moved through JAXPORT, an increase of 9 percent over the same period last year. The port’s fiscal year runs Oct. 1- Sept.

Voyager Targets Bulk Shipping for SaaS Solution

Voyager, a company offering a solution to the bulk commodity shipping market to operate in a unified and digital environment, announced completion a $1.5 million seed funding round co-led by ATX Venture Partners, Blue Bear Capital, GreenHawk Capital, and Phaze Ventures. Voyager’s new capital will be used to expand the Software-as-a-Service (SaaS) network’s offerings, further acquire and expand its customer base, and grow its engineering, development, marketing and sales teams.Current partners of Voyager’s include Equinor…

Pic: APM Terminals

SCCT Announces Reefer Repair Hub

The Suez Canal Container Terminal (SCCT), strategically located at the mouth of the Suez Canal in Egypt, has announced its intention to open its reefer container inspection and repair hub to all brands. The terminal will also launch a dry container inspection and repair hub in October 2019.Until just over a year ago, the terminal faced unnecessary costs for moving and repositioning reefer containers with damaged panels or defects that hadn’t been recorded, said a press release from the APM Terminals…

Photo: PIB, Govt of India

JNPT Builds New Liquid Cargo Jetty

Indian Minister of State for Shipping, Mansukh Mandaviya laid the foundation stone for development of an additional Liquid Cargo Jetty at Jawaharlal Nehru Port Trust (JNPT) in Mumbai.According to a government announcement, the facility will be built at a cost of over INR 309 crore (USD 43 million), the project will cater to the increased demand for handling liquid cargo like edible oil, LPG, molasses and other chemicals.Mandaviya said, “The Prime Minister Narendra Modi has laid focus on port-led development.

Pic: Port of Montreal

Contrecoeur Port Expansion Deal Signed

The Canada Infrastructure Bank (CIB) announced that it will work with the Montreal Port Authority (MPA) to advance the project development of a new container terminal in Contrecoeur, where the port plans to expand its activities.The work could lead to an investment in the South Shore project, potentially via a form of equity or debt financing, said Pierre Lavallée, the bank’s chief executive officer.The Memorandum of Understanding confirms that CIB and MPA will work on the financial structuring of the proposed terminal.

Image: Kinder Morgan

Kinder Morgan Invest $170Mln in Houston Ship Channel

Houston pipeline operator Kinder Morgan (KMI) plans to invest $170 million in various expansion projects along the Houston Ship Channel.The investment will increase efficiency, add product liquidity, and enhance blending capabilities at its Pasadena and Galena Park terminals, part of its best-in-class refined products storage hub on the Houston Ship Channel, said the energy infrastructure company in North America.In response to growing customer demand, KMI’s liquids terminal platform now boasts 10 ship docks…

Pic: APM Terminals

APM Terminals Poti Begins 24/7 Operations

APM Terminals Poti, the largest port in Georgia, has commenced the implementation of uninterrupted 24/7 operations to maximize berth utilization, increase efficiency and speed up vessel handling.The implementation of a flexible workforce management solution will take place in two phases. Phase one will apply to single berth occupancy. The workforce currently allocated to the free berth will be assigned to the operational berth to cover break times and support a smooth and uninterrupted workflow.The second phase…

Pic courtesy: Port of Vancouver

Port of Vancouver Sets Records

The Vancouver Fraser Port Authority, the largest port in Canada and the largest in the Pacific Northwest, has recorded new mid-year record for container volumes.Between January 1 and June 30, 2019, overall cargo through the port increased 0.5% to a record 72.5 million metric tonnes (MMT) over the same time last year, with new mid-year records in containers, potash, grain and cruise passengers.“This year’s record mid-year cargo volumes reflect what continues to be two of the Port…

Photo: NORDEN

NORDEN Inks Long-Term Contracts

NORDEN  contracted with Enviva to transport 1.3-1.5 million metric tons of wood pellets from the US to Europe over a six-year period. The Contract of Affreightment (CoA), which runs from 2021 to 2026, builds on NORDEN’s long-term collaboration with Enviva, which began in 2012.NORDEN has also been awarded a 3-year contract with a power company in Hong Kong for the transportation of coal from Indonesia to Hong Kong.The CoA, which runs from January 1, 2020 to December 31, 2022, will see NORDEN ship around 1.3 million tonnes of coal per year on Panamax vessels, an estimated 17-20 cargoes annually.

Image: Port of Newcastle

NSW Govt Supports LNG Import Terminal

New South Wales Government is considering a proposal for a $590 million liquefied natural gas (LNG) import terminal in the Port of Newcastle, with the project given critical state significance.Under the prosposal, the terminal will be built at Kooragang Island in Newcastle Port and promises to supply NSW with up to 80 per cent of its gas requirements.The Newcastle GasDock project - with an estimated direct onshore investment of up to AUD$250M at the Port - today received Critical State Significant Infrastructure (CSSI) status from NSW Minister for Planning and Public Spaces…

Aerial view of the area for AGV transporter at HHLA Terminal Altenwerder (CTA). © HHLA / Thies Rätzke

HHLA Group Revenue Up 9.6 %

German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) said that it has closed the first half of 2019 with rising revenue and results, despite a challenging market environment.Container throughput increased moderately, due in particular to the successful integration of the Estonian terminal operator HHLA TK Estonia, which was acquired last year. A significant rise in container transport was achieved, said a press release.In conjunction with a strong increase in revenue in the Logistics segment and a once again moderate increase in revenue from property management…

ICE, Magellan to Offer Dock Capacity to Houston Oil Futures Customers

Intercontinental Exchange Inc and Magellan Midstream Partners LP said on Wednesday they would auction dock capacity at Magellan's terminals in Galena Park and Seabrook, Texas, for holders of ICE's Permian West Texas Intermediate (WTI) crude futures contracts.The monthly auction process will allow customers who purchase an ICE Permian WTI crude futures contract, deliverable at Magellan's East Houston terminal (MEH), the option to load crude directly onto a vessel at Galena Park and Seabrook dock facilities for export…

Photo: Dachser

Dachser to Build North Germany Transit Terminal

To accommodate Dachser’s consistent growth in the industrial goods and refrigerated foods sectors, the logistics solutions provider is investing $20 million dollars to build a new branch as well as a new transit terminal in northern Germany.Expected to be completed in the third quarter of 2020, the new facility will be located in the Neumunster region. On August 7, 2019, the groundbreaking ceremony was conducted to celebrate the new facility, which will employee around 30 people.Construction work on the more than 600-square-foot plot of land will start at the beginning of September.

Hijo International Port Services, Inc., Philippines. Photo: ICTSI

ICTSI Posts Strong H1

Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.First half throughput rose 7% to 5.04 million teu and came on good revenues, leading to a 42% jump in net profit to $128.5 million, said a press release from the global port management company.ICTSI attributed its profit growth during the six-month period to  volume growth, tariff adjustments for certain services at multiple terminals…

Image: Kalmar

Kalmar in Service Contract with OPCSA

Kalmar, the provider of the cargo handling solutions and services to ports, has concluded an agreement to supply comprehensive preventive and corrective maintenance services to Operaciones Portuarias Canarias S.A. (OPCSA) at their Las Palmas container terminal.The Cargotec subsidiary said in a press note that the order, which comprises a Kalmar Complete Care service contract covering the terminal's ship-to-shore (STS) and rubber-tyred gantry (RTG) cranes, was booked in Cargotec's 2019 Q3 order intake with the contract coming into effect at the start of Q1 2020.Established in 1986…

Photo: Georgia Ports Authority

Intermodal Cargo up 10.5% in Savannah Port

The Port of Savannah set a record for intermodal cargo last month, handling 47,255 rail lifts, an increase of 10.5% over July of last year.According to Georgia Ports Authority (GPA), over the past three years, the Port of Savannah has grown its rail volume by 35.4 percent, completing more than 507,000 intermodal lifts in the fiscal year that ended in June.“We’re moving containers from ship to outgoing rail in less than 24 hours at the Port of Savannah,” said GPA Executive Director Griff Lynch.

Pic: Navis

N4 - A Shot in The Arm for PTP

With Navis N4 TOS, the Port of Tanjung Pelepas (PTP) has again broken the record for vessel utilization after the MSC Gulsun, the largest container ship in the world, departed with 19,574 TEU in July 2019.This milestone means PTP has broken the record three times in a row and has become the first port in the world to set back-to-back records for container vessel utilization.Navis, a part of Cargotec Corporation and provider of operational technologies and services that unlock…

DP World currently has five terminals in Dubai, three at the flagship Jebel Ali Port. Photo Credit: DP World

UAE Presence Grows in the Maritime World

Over recent years the United Arab Emirates has emerged as an important maritime hub with grand ambitions. Mark Venables visited the region to discover what is driving that growth.When the UAE was elected to the IMO Council as a Category B member, it immediately raised its profile within the maritime community. The Emirates have taken a significant step forward in the maritime world.Despite this success, the region remains a challenging market for shipping and logistics. One of…