Friday , 22 November 2019
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Author Archives: Sid Cass

Callao dockworkers agree to end strike

APM Callao's North terminal which it has operated since April 2011

The dockworkers’ union at Peru’s biggest port, Callao, has reached agreement to end a three-week strike APM Callao’s North terminal, with provisions that include improved benefits and modifications to a system for scheduling shifts, The stoppage since May 13, 2015 has held up imports and will likely stoke inflation, according to an exporters’ association General secretary Geraldo Honores said that ... Read More »

Eurotunnel sells ships to Danish DFDS Group

Calais to Dover ferry MyFerryLink

Eurotunnel, the operator of the undersea rail link between the UK and France has reluctantly sold its subsidiary the Calais-Dover ferry business MyFerryLink, to Channel Tunnel competitor Danish DFDS Group following a competition ruling. Eurotunnel bought the SeaFrance ferry business for £51m (US$78m) when that firm went out of business in 2012.  Eurotunnel is a forced seller of the service ... Read More »

Fourth KAP berth boosts port operation capacity

KAP is equipped with the largest cranes in the world

In less than six months from delivering the third berth, Ports Development Company(PDC), the owner and developer of King Abdullah Port (KAP), has handed over the fourth berth at KAP to National Container Terminal Co. after fulfilling all Saudi coastguard and customs requirements. According to PDC, the new berth has been constructed to the highest international standards. Equipped with the ... Read More »

Transnet and unions agree a three year wage settlement

South Africa’s Transnet and the trade unions representing non-management staff have concluded an unprecedented three year wage agreement, which promises stability at the country’s ports and rail and other Transnet divisions. Members of the Satawu and UNTU unions have agreed on 7%, 7.5% and 8.25% wage, night shift and standby allowance increases for the next three years including 2018. There ... Read More »

Indian Shipping Minister says government will not privatise ports

Indian shipping minister, Nitin Gadkari has said that the government has no plans to privatise India’s ports and is instead seeking to find alternatives to “corporatisation”. In February, finance minister Arun Jaitley’s budget had laid out intentions to corporatise state-owned ports, saying: “Ports need to attract investments as well as leverage the huge land resource lying unused with them and ... Read More »

Port of Gothenburg completes quay expansion ahead of schedule

Gothenburg's expansion project has taken three years

The Port of Gothenburg has announced the completion of a 900m quay expansion project, three months ahead of schedule. The expansion project has taken three years, costing an estimated SEK450m (US$53.5m), leaving the port now ready to receive large ocean-going container ships. Mats Ransgård, project manager at the Port of Gothenburg, said: “We now have a strong, durable quay at ... Read More »

Canadian West Coast terminal to expand

Fairview Container Terminal a

Maher Terminals is to increase the Fairview Container Terminal at Prince Rupert in British Columbia by 500,000 teu to take operating capacity to more than 1.3m teu. The expansion will include a second deep-water berth, four additional gantry cranes, and land reclamation to enlarge the size of the container yard. The amount of on-dock rail track will be expanded, and ... Read More »

Container-handling accord at Rotterdam

Rotterdam’s stevedores, APMT MVII, APMTR, ECT and RWG, have made agreements with each other on transporting containers between their facilities at the port’s expanding Maasvlakte terminals. The purpose is to organise inter-terminal transport as efficiently as possible, in the interests of all links in the supply chain because, the port authority said, with two new container terminals going into operation ... Read More »

Demand to outstrip new capacity this year, says brokers

Demand growth in the container sector is expected to outpace capacity expansion this year, according to Clarksons. “Together with the rapid rate of demolition, the thin order book outside the larger sizes and a likely slowdown of the ‘cascade’, this may in the medium-term lend gradual support to the earnings environment,” the British shipping broker added. Looking back at 2014, ... Read More »

African port doubles in size

Port Ngqura, South Africa a

South Africa’s state-owned transport and logistics company Transnet has opened two more berths at Ngqura Container Terminal in the Eastern Cape, taking the port’s operating capacity to 1.5m teu, up from 800 000 teu, with a design capacity of 2.2m teu. The ZAR2bn-plus (US$165m) investment included dredging to 16 m and purchase of equipment, including two megamax ship-to-shore-cranes, 18 RTGs, ... Read More »