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  • Greenland’s Nuuk Harbour to Get New Container Terminal

    04 Feb 2015 2:08 PM | Anonymous
    Original news was published on 03 February, 2015

    Danish general infrastructure contractor Aarsleff has entered into an agreement with Sikuki Nuuk Harbour A/S about the establishment of a new container terminal in Nuuk, Greenland.

    The first phase will comprise initial planning and preparations. The final contract is expected to be signed in a couple of months.

    The project will be carried out as a design and build contract and has a value of DKK 402 million (USD 61.3m). The work in Nuuk will commence at the beginning of March and is expected to be completed in November 2016.

    The contract will cover all work for the construction of the 50,000-square metre container terminal. The work comprises blasting of 300,000 cubic metres of hard rock within the new harbour area, construction of a 300-metre-long quay, establishment of a yard for containers and dredging of the new harbour basin.


    *NEWS SOURCE

  • Cargo on the up at GPA

    02 Feb 2015 1:26 PM | Anonymous
    Original news was published on 02 February, 2015

    The Port of Brunswick continued its strong performance in auto and machinery trade, moving 688,575 units for the year. Combined with ro-ro trade through the Port of Savannah's Ocean Terminal, GPA moved 716,055 units in 2014, an 8.6 percent (57,190-unit) increase over 2013.

    Breakbulk cargo, including forest products, iron and steel, improved by 12 percent to reach 2.74 million tonnes during 2014 through GPA gateways.

    "In 2014, we saw phenomenal growth in every category," said GPA executive director Curtis Foltz. "Georgia's ports benefited from an improving retail economy, renewed strength in manufacturers' orders of raw goods, and the expanding population of the Southeast."

    Counting containerised, bulk and breakbulk cargo, total tonnage reached 30.39 million tonnes, up 2.09 million for the calendar year.

    During December 2014, GPA moved a record 68,684 automotive and heavy equipment units, for a year-over-year increase of 20.1 percent (11,507 units).

    The strong performance realised by the GPA could be attributed to the labour disputes currently hampering some US West Coast ports, causing freight to be diverted to other gateways.


    *NEWS SOURCE

  • Iraq Mulls Foreign Investors for Grand Faw Port Project

    30 Jan 2015 2:59 PM | Anonymous

    Original news was published 30 January, 2015

    Iraq may open its Grand Faw Port project to foreign investors. The multi-billion project, located south of Basra, has been stalled for several years.

    “The transport ministry is unable to execute the Grand Faw port project, which will have a total cost of nearly six billion dollars,” Iraq’s Transport Minister Baqr Jabr Al-Zubeidi said in a press conference, according to Emirates 24/7. “We cannot secure these funds so the ministry is studying awarding the project on an investment basis for execution.”

    Construction progress on the port has been limited. In 2013, Korea’s Daewoo Engineering & Construction won a US$693 million contract to build Grand Faw’s breakwater. Daewoo was to complete the 15.8-kilometer western breakwater by 2016, but the project was delayed due to political conflicts and security issues.

    Italian engineering firm Technital has prepared the designs for the port, which will have a capacity of 99 million tonnes per year, a 39-kilometer container quay and another 2-kilometer berth for general cargo, Al-Zubeidi said. According to Iraq’s plan, goods unloaded at the new port would then be loaded onto a new railway system and reach Europe overland more quickly than ships might reach Egypt’s Suez Canal.


    *NEWS SOURCE

  • Evergreen Joins 18,000 TEU Club

    28 Jan 2015 4:51 PM | Anonymous
    Original news was published on 28 January, 2015

    Taiwan’s Evergreen Group, the owner of the world’s fifth largest container shipping company Evergreen Line, has signed charter agreements for eleven 18,000 TEU container ships with Japan’s Shoei Kisen Kaisha, Thai news site Investor reports.

    The order includes six 18,000 TEU ships which Evergreen Marine Corp., another subsidiary of Evergreen Group, ordered from Shoei Kisen Kaisha back in December.

    The vessels will be delivered throughout 2018 and 2019.

    Evergreen has decided to go with the 18,000 TEU container ships to respond to the market demand and meet the capacity requirements within its joint service.

    Back in December, Evergreen took delivery of the 27th out of 30 L-type, 8,508 TEU container ships ordered at CSBC Corporation in Taiwan back in 2012.

    Evergreen has already taken delivery of five 8,800 TEU and ten 13,800 TEU chartered ships, with another ten chartered 14,000 TEU ships to be delivered in 2016/17.

    Evergreen currently operates sixty-six ships within the medium to ultra-large size range.

  • First Gate Installed in Panama Canal’s Pacific New Locks

    26 Jan 2015 12:30 PM | Anonymous
    Original news was published on 26 January, 2015

    The first gate for the new locks on the Pacific side of the Panama Canal expansion project has been installed.

    The steel rolling gate weighed 2,300 tons and measured 57.6 meters long, 8 meters wide and 22.28 meters high. It was carried to the installation site on a SPMTs with more than 400 wheels apiece, the Panama Canal Authority said in a statement.

    The gate, is the first of eight gates that will be installed in the new locks on the Pacific side of the waterway. The installation of the gates began in December 2014 at the Atlantic side, where two gates of its eight gates have been installed.

    The latest gate installation brings completion of the project to 85 percent.

  • Singapore's PSA International up 5.8pc in 2014 to 65.44 million TEU

    23 Jan 2015 2:15 PM | Anonymous

    Original news was published on 23 January, 2015

    SINGAPORE PSA International has posted a 5.8 per cent year-on-year increase in container throughput worldwide in 2014 to 65.44 million TEU, the company reported.

    Company flagship, PSA Singapore Terminals, posted a 4.1 per cent increase in container throughput, which contributed 33.55 million TEU to the global volume with PSA terminals outside Singapore, which handled 31.89 million TEU, up 7.8 per cent year on year.

    "Last year was challenging for the shipping and port industry. Global trade growth was modest and that, coupled with the introduction of many mega vessels, resulted in overcapacity and low freight rates for liner carriers," said PSA Group CEO Tan Chong Meng.

    "The increasingly large ships and complex alliances have also led to much greater operational demands being placed on port operators; this is a structural shift which will impact all ports as ships across all shipping routes continue to upsize," he said.

    "For 2015, we will continue to engage our customers and partners worldwide, as we strive to increase our network of terminals alongside them and to become their preferred port partner. We will continue to make the necessary investments to stretch our capabilities and enhance our operational efficiency to serve them as they grow their businesses with us well into the future," he said.

  • First East Coast Indian FLNG Underway

    21 Jan 2015 6:11 PM | Anonymous

    Original news was published on 21 January,2015

    5 million-ton-per-year FLNG terminal planned for Kakinada in Andhra Pradesh

    Andhra Pradesh Gas Distribution, France’s GDF SUEZ, Shell and GAIL have signed agreements for a floating LNG terminal in Kakinada Deep Water Seaport in Kakinada, Andhra Pradesh, India.

    Two agreements were signed between the three members, government officials of Andhra Pradesh said in a statement. The first involves a development pact between the parties for the development of the facility. The second agreement is for the sourcing of LNG and the subsequent marketing of the regasified LNG.

    The Kakinada LNG terminal will be built with a processing capacity of 5 million tons per year, with a provision to double capacity. Production is expected to start in about 18 months.

    “This is [a] first of its kind LNG terminal in India and would prove to be an important infrastructure for import of LNG on the eastern coast,” B. C. Tripathi, chairman and managing director of GAIL (India) said.

    Kakinada LNG terminal will be the first east coast terminal. GDF Suez was part of the development of India’s first LNG terminal, located in Dahej, Gujarat on the west coast.


    *NEWS SOURCE

  • Chairman Site Visit | OPCA Member from TURKEY | Kocak Lojistik Hizmetleri Ltd. Sti.

    18 Jan 2015 9:28 PM | Anonymous

    Chairman of Overseas Project Cargo Association, Mr.Kemal KIRIKKANAT visited "KOCAK LOJISTIK HIZMETLERI LTD. STI." in last weeks. Mr.Kemal says "It was a great pleasure to meet Mr.Kocak. We had a deep conversation about the industry and further development of our association."


    One of the most important parts of a good business valuation is viewing the facilities in which a company operates and speaking at length with those most involved in the management of the business. The primary objective of the site visit is to gain a broader perspective of the business, its operations, identify current and potential opportunities,- and for sure to make friends and catch human touch.


    Mr.Kocak indicated importance of Annual General Meeting and participation of all members during his conversation with Mr.Kemal. AGM participation shows if an agent cares his agent network or not. Glad to share that "Kocak Lojistik" has joined OPCA 1st AGM Istanbul, TURKEY in 2014.

     KOCAK WEBSITE (CLICK HERE!) | KOCAK OPCA PROFILE (CLICK HERE!)

  • CMA CGM, UASC, CSCL and Hanjin join in new India-Med-US cooperation deal

    16 Jan 2015 3:45 PM | Anonymous
    Original news was published on 15 January, 2015
    CMA CGM is partnering with UASC, CSCL and Hanjin Shipping on their joint Mediterranean-US service (Amerex/MINA/IMU) that has replaced the French shipping line's Amerigo Express service and UASC-Hanjin's joint loop branded MINA by UASC and IMU by Hanjin.

    This it the first time CSCL is offering a Mediterranean-US service, while CMA CGM, CSCL and UASC are involved in a set of agreements within the Ocean Three alliance. Hanjin goes on as a partner in continuation of its former arrangement with UASC, reported Alphaliner.
    This Mediterranean-US service is a segment of a wider service calling also in India and in the Middle East, that retakes the profile of the former UASC-Hanjin service.

    The new joint service calls at Khor Fakkan, Jebel Ali, Port Qasim, Nhava Sheva, Mundra, Jeddah, Port Said (SCCT), Livorno, La Spezia, Genoa, Fos, Barcelona, Valencia, Tangier, New York, Norfolk, Savannah, Miami, Tangier, Valencia, Barcelona, Genoa, Livorno, Marsaxlokk, Port Said (SCCT), Jeddah and back to Khor Fakkan.

    It is operated with 11 ships of 6,500-7,000 TEU and turns in 11 weeks.

    The two Mediterranean-US services it replaces used to offer a total weekly capacity of 7,000 TEU, consisting of 2,800 TEU weekly on the Amerigo Express and 4,200 TEU on the MINA/IMU.

    *NEWS SOURCE

  • More Cargo, Less Passengers at Freeport of Riga

    15 Jan 2015 3:34 PM | Anonymous

    Original news was published on 15 January, 2015

    Latvia’s Freeport of Riga handled 41.08 million tons of various cargo in 2014, surpassing the 2013 volumes by 5.6 million tons, or 15.8%, and setting a new record for the port.

    Overall, 23.73 million tons were handled in the dry bulk segment in 2014 that is by 10% or 2.16 million tons more than during the previous reporting period.

    7.07 million tons were handled in the general cargo segment, which is by 4.3% more than in 2013. Container transshipment increased by 6.1% and reached 4.15 million tons.

    The port handled a total of 10.28 million tons of liquid cargo, which is by 44.6% more than in 2013.

    Last year, the Port of Riga welcomed almost 738 thousand passengers, which is by almost 12% less than in 2013. Passenger volume drop can be attributed to reduction of Tallink scheduled voyages in summer 2014.

    “We have proved that the Port of Riga is a safe business partner, that is able to change with the times. Economic benefits and cargo security have always been and are the main concerns of our clients – therefore our investment into the port infrastructure and client-oriented approach was justified,” said Ameriks.
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