The container and gross tonnage handling across all Colombian ports will undergo expansion in 2015, cementing a return to growth following a 2013 downturn, says BMI’s Colombia Shipping Report. "The domestic container demand will be more muted than we expected, as falling oil prices will weigh on economic growth. We have revised down our real GDP forecast for 2015 from 4.9% to 3.9%, and our Cartagena container throughput forecasts correspondingly," says the report. The port of Cartagena will see total tonnage volume increase by 4.5% to 21.63mn tonnes in 2015, and will average growth of 5.3% to 2019. Container traffic at Cartagena will grow by 7.9% to 2.22mn twenty-foot equivalent units (TEUs) in 2015. Growth to 2019 will average 9.4%. Volume at the Pacific port of Buenaventura will rise by 3.3% to 9.72mn tonnes in 2015, while container traffic will rise by 4.8%, to reach 526,999TEUs.
Consolidating the port of Piraeus' position as the main pillar of the Chinese group Cosco’s overseas activity, its container traffic continues to break one record after another, reports Kathimerini. The two terminals operated by Cosco handled a total of 329,600 containers in August, up 32.3 percent from the same month in 2015. In August last year the negative impact of the strict capital controls had started to become clear and total traffic reached just 249
The launching of Lykes Runner on August 29, rounds out the retonnaging of Lykes Lines' North America - Africa Service, East Coast Loop. This multi-purpose Astrakan Mark 3 RoRo ship joins four sisterships already on the service, operating every two weeks between Canada, the U.S. and South Africa - all of which can carry breakbulk, bulk and container traffic - including refrigerated cargo, automobiles and other rolling stock.
Peninsular and Oriental Steam Navigation Co.'s Sri Lanka unit reported a sharp increase in container handling in its first year of operation to August 2000. "In just 12 months, productivity levels have doubled and South Asia Gateway Terminal Pvt Ltd (SAGT) has handled 261,787 20-foot equivalent units.... a 40,682 teu increase over the year before period," SAGT said. "... (the group) is well on course to achieving its ambitious target through an effective mix of international and local
V.O.Chidambaranar Port Trust, Tuticorin, has crossed the previous year’s traffic of 28.642 million tonnes on Feb 27, 32 days ahead of the current financial year closing by handling 28.849 million tones (upto Feb 27). According to a statement from the VOC Port Trust, the Port crossed the previous year’s (2013-14) Container traffic volume of 5,07,735 TEUs on March 3, by handling 5,08,678 TEUs of Container Traffic during the current year (as on March 3).
Germany’s largest universal port reported the effects of weakened Chinese foreign trade plus the steep downturn in trade with Russia during the first nine months of the year. Totaling 104.6 million tons, seaborne cargo throughput in Hamburg was down 4.8 percent from last year, despite higher bulk cargo handling in the first three quarters of 34.3 million, up 8.7 percent. Meanwhile, container throughput in the first nine months totaled 6.7 million TEU, down by 9.2 percent.
A new liner service from shipping company CMA CGM The French Line is connecting Hamburg with Australia and New Zealand. Melbourne, Sydney, Brisbane, Auckland, Lyttelton, Melbourne, Adelaide, Jakarta, Port Kelang, Chennai, Colombo, Djibouti, Jeddah, Damietta, Malta, La Spezia, Tilbury, Hamburg. On the return leg the service's 13 ships of 2,500 to 2,800 TEU container capacity also call at the port of Chennai, previously Madras
PT. Pelabuhan Indonesia II (Persero) (“IPC”), Mitsui & Co, Ltd. (“Mitsui”), Nippon Yusen Kabushiki Kaisha (“NYK Line”) and PSA International Pte Ltd (“PSA”) have agreed to jointly participate in the construction and operation of a new container terminal at Tanjung Priok Port, Jakarta, Indonesia. This new terminal will be developed and operated by the newly established project company PT New Priok Container Terminal One
At 104.9 million tons, total seaborne cargo throughput for the first three quarters of 2016, covering general and bulk cargo segments, was up 0.3 percent on the previous year. “Seaborne cargo throughput in the Port of Hamburg has stabilized and for the first three quarters of 2016 again increased. Seen separately, the third quarter with a 2.7 percent upturn to 34.7 million tons underlines the upwards trend. Both general and bulk cargo volumes developed positively for Germany’s
Asia to West Africa container traffic fell by 19% in the third quarter; the end-year result will not be much better. The IMF’s latest World Economic Outlook, published last month, described “multispeed” growth for sub-Saharan Africa economies with the divide between the haves and have nots hinging on different nations’ exposure to commodities. The biggest West African economies of Nigeria and Angola are struggling to adjust to lower oil revenues with the former
Georgia Ports Authority Executive Director Griff Lynch reported to the GPA board Monday fiscal year to date growth of 4 percent for loaded container traffic, moving 1.01 million twenty-foot equivalent container units, an increase of 40,545 TEUs compared to the same period in 2015.
The Port of Long Beach said shifting alliance routes and the Hanjin bankruptcy continued to affect its volumes in November, when container traffic was 13.8 percent lower than the same month last year. A total of 534,308 twenty-foot equivalent units (TEU) were moved through the harbor last
South Korean ocean carrier Hanjin Shipping Co. signed a deal to sell its stake in the U.S. port operator that runs Long Beach, Calif.’s, biggest container terminal to Mediterranean Shipping Co. (MSC), reports WSJ. Hanjin, which for bankruptcy protection in August
The Omani port of Salalah has registered a 29.4 per cent growth in container throughput in 2016 thus retaining its status as one of the region’s preeminent container transshipment hubs, said a report in Oman Observer. In initial unaudited and unapproved financials published on
Dubai-based port operator DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal (RTC) at Saint John in New Brunswick, Canada. The global trade enabler will start running existing operations on 1 January 2017
First-half seaborne cargo throughput of 70.2 million tons reflected stabilization of the trend for the Port of Hamburg. At the same time, a steep increase occurred in freight transport by rail to/from the Port of Hamburg. At 70.2 million tons
Ocean Shipping Consultants' 2016 container traffic report for the west coast of Canada forecasted that container demand through the Port of Vancouver and Port of Prince Rupert would be 6.62 million twenty-foot equivalent unit containers (TEUs) by 2030 (base case), with 5.93 million TEUs and 7
Pollution around the Port of Long Beach has been dramatically cut over the last decade, however, according to the latest study, lingering effects from ships at anchor in early 2015 impacted air quality last year. The 2015 annual inventory of port-related air emissions
Container throughput at the Port of Salalah, part of the APM Terminals Global Terminal Network, reached 1.584 million TEU* in the first half of 2016, representing a 29% increase over volume handled during the same period the year prior. The completion of a new deep-water General Cargo and
Container volumes from North Europe and the Mediterranean to the East Coast of South America have now fallen in 26 of the previous 28 months, with the latest statistics from Datamar showing that shipments fell by 8% year-on-year in July. It is the smaller Med to ECSA trade that continues to
The start of construction of the Stockholm Norvik Port and Norvik Logistics and Business Park was celebrated on 16th September. The ceremony was a well-attended and festive event for both commerce and the general public. Stockholm is one of Europe’s most rapidly growing capital cities and
COSCO Shipping, plans to ramp up container volume at Greece’s biggest port in Piraeus by 35 percent by 2018, the port’s new managing director, Fu Cheng Qiu, said, reports Reuters. China's biggest shipping company, which owns the world's fourth-largest container shipping fleet
Strong container traffic, newly introduced segments and the Expanded Canal all contribute to the 330.7 million tons of goods welcomed through the Canal in FY16, the third highest amount ever recorded. Panama City, Panama, October 20
Broward County's Port Everglades exceeded one-million TEUs (20-foot equivalent units, the industry's standard container measurement), for the third consecutive year, reporting a total of almost 1.04 million TEUs and maintaining its status as Florida's number one container port
Swedish port workers in the city of Gothenburg are set to go on strike on Tuesday after negotiations between unions and employers failed, a union representative said. The strike will likely hit trading hard since the Gothenburg port handles over half of Sweden's container traffic