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Sea Ports

Dawei, Burma, Deep Sea Port Offers Investment Opportunities

Logo credit BOI Thailand

Thailand's Board of Investment (BOI) says the joint deep sea port will also surge new business & foreign investment into Thailand. BOI believe that the Dawei Deep Sea Port and Industrial Estate in Myanmar (Burma) will become an important drive for economic growth in this region, offering a shortcut for logistics and bringing new business opportunities and foreign investment to Thailand. After conclusion on signing of Memorandum of Understand between Thailand and Myanmar to construct Dawei Deep Sea Port, Chanvit Ammatamatuchat, Deputy Secretary of General Office of the National Economic and Social Development Board (NESDB) said the project will serve as economic land bridge connecting Andaman Sea on the Myanmar side through Thailand and out to South China Sea creating great opportunities for expanding up-stream industries and linking supply chain in Thailand and in the region. BOI is offering assistance in terms of consultation on the investment and upstart of the business related to this new mega project for both local and international investors. Dawei Deep Sea Port and Industrial Estate project will generate major investment and help drive the growth of the economy in Southeast Asia and the surrounding regions. Investors who are interested in investing in Thailand to take advantage of this development can consult and ask for assistance and tax privileges from the BOI.  


Thailand, Burma, Sign Dawei Port Development Agreement

Presidents of Thailand & Mynamar (Burma) agree on port development for deep-sea port to enable Malacca Strait bypass route. Thailand and Myanmar agree to set up a joint committee to follow up on economic cooperation that includes linking Myanmar's future Dawei deep-sea port with the Thai Eastern Seaboard. The deal came at the end of talks between Myanmar President Thein Sein and Thai Prime Minister Yingluck Shinawatra at Government House in Bangkok.


Mexico Plans Huge Air, Rail And Sea Terminal

The Mexican state of Veracruz on the Gulf of Mexico is planning to build a massive air, rail and sea cargo terminal for international trade, according to state officials. Veracruz officials are in talks with U.S. asset manager Alliance Capital and an international consortium that includes Mexican construction company Grupo Tribasa for the project, the first phase of which would cost $500 million. Working in conjunction with local authorities


Bulgaria Tries Again To Sell Shipyard

Bulgaria opened a new tender for an 80 percent stake in the state-owned shipyard in the second biggest Black Sea port of Bourgas and set a March 15 deadline for bids. An agency spokesperson said the agency would not set a minimum price in negotiations with potential investors, but would require a deposit of $400,000. The buyer would also be required to keep the shipyard's core business running for minimum three years


Kanoo to Reveal Latest Developments at Services Show

Kanoo Shipping – an offshore and marine services provider in the Middle East, operating throughout Saudi Arabia, Bahrain, UAE, Oman, Qatar, Yemen, Iraq and Sudan – will be present at the Saudi International Marine Services Show -2013 to demonstrate various services provided by the company including marine operations, shipbuilding, ship and rig repair division, engineering and construction services and sea ports operations.


ICS Pushes CO2 Compensation Fund

ICS logo.jpg

ICS Says CO2 Compensation Fund Could Help Sea Ports Adapt To Climate Change.   The International Chamber of Shipping (ICS), whose member national shipowners' associations represent more than 80% of the world merchant fleet, has participated at a special UNCTAD (United Nations Committee on Trade and Development) meeting in Geneva (29/30 September) to explore how the world's sea ports should prepare for adaptation to the threat of dangerous climate change.  


Frist Calls for Hold on Sea Port Deal

U.S. Senate Majority Leader Bill Frist, M.D. (R-TN) made the following statement on the deal proposed by Dubai Ports World of the United Arab Emirates that would give the company day-to-day management of six major U.S. sea ports: “Recent reports that a company based in the Middle East is seeking to purchase the operating rights to several U.S. ports raise serious questions regarding the safety and security of our homeland


Sohar Port Receives 1,000th Vessel

As Oman celebrated its 42nd Renaissance anniversary, Port of Sohar welcomed its 1,000th vessel of the year The 9,000 metric tonne MV Maria, owned and operated by SAL Heavy Lift GmbH, berthed at the container terminal C Steinweg Oman (CSO). On board was a 300-tonne gas turbine due for installation at a new power plant under construction in the Batinah area.
 The arrival of the 1,000th vessel this early augurs well for a significant increase in ship calls during 2012


Port of L.A., Hamburg Sign Collaborative Agreement

The Port of Los Angeles and the Hamburg Port Authority (HPA) signed a Memorandum of Understanding which paves the way for increased cooperation and partnership. The two ports have agreed to share strategies and best practices on topics ranging from port infrastructure, environmental and security challenges and strategies to enhance trade competitiveness. The five-year agreement was signed at the International Exhibition for Logistics, Mobility


Cosco Guangzhou Docks in Port of Hamburg

Cosco Guangzhou The container ship new building Cosco Guangzhou chartered by the Chinese shipping company Cosco Container Lines Ltd. docked in the Port of Hamburg on March 27 for the first time. Loaded with export goods for Northern-Europe, the container vessel started its maiden voyage on February 25 in Shanghai. Cosco is using the ship on its liner route AE 1 between the Far East and Europe via Dalian, Qingdao, Singapore, Rotterdam und Felixstowe to the Port of Hamburg


Romania: Another U.S. warship to come to Black Sea

Another U.S. warship will come to the Black Sea after destroyer USS Donald Cook will leave, Romanian president Traian Basescu told reporters in the Black Sea port of Constanta on Monday. Donald Cook arrived in the Black Sea last week for exercises and operations to improve interoperability


Middle East Grain Buyers Avoid Ukraine, Import Bills Could Rise

By Suleiman Al-Khalidi, Reuters Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills. The Black Sea region, mostly Ukraine and Russia


Middle East Grain Buyers Avoid Ukraine, Import Bills Could Rise

By Suleiman Al-Khalidi, Reuters Turmoil in Ukraine is driving Middle Eastern grain buyers to shy away from striking new deals there and to consider rival suppliers, a shift that is likely to push up import bills. The Black Sea region, mostly Ukraine and Russia


Russia Eyes Boosting Primorsk Diesel Exports

Reuters- Russia's oil pipeline monopoly Transneft said on Thursday it plans to nearly triple exports of ultra low sulphur diesel (ULSD) from the Baltic Sea port of Primorsk after 2016 when domestic companies are expected to boost production.


Crossing the English Channel by Ferry Preferred to Chunnel

Image credit P&O Ferries

More people used ferries to travel from the UK to the continent last year although cross-Channel numbers are still down on those of decade ago. According to the Department for Transport's recently released annual Sea Passenger Statistics the number of short sea international ferry journeys


Bulgaria Weighs Dependence on Russian Energy

Reuters - Bulgaria, heavily dependant on Russia for gas and oil, will estimate its own reserves and seek alternatives to cope with any worsening of the Ukrainian crisis, it said on Tuesday. Bulgaria imports over 70 percent of its energy resources


Rosneft Awards 6-month Urals Crude Tender

Reuters - Russian state oil company Rosneft awarded its semiannual April-September jumbo Urals crude tender for delyvery from the Baltic Sea ports to Shell , Total and Eni, traders said on Tuesday. The majors will lift 100,000-metric-ton Urals cargos from the ports of Primorsk and Ust-luga


SOCAR, Transneft Agree on Oil Transit Tariff

Reuters - Azerbaijan's state energy company SOCAR agreed with Russian oil pipeline monopoly Transneft on transportation tariff at $16 per metric ton, slightly up from a previous $15.67, to be shipped via Russia in 2014, SOCAR's official said.


New Container Line Includes Hamburg and the Black Sea

CMA CGM Lavender

The French shipping company CMA CGM is expanding its range of liner services from Hamburg and including Black Sea ports in its schedule for the first time. Today, the CMA CGM Lavender sails on the extended FEMEX 1 Northern Europe-Mediterranean full container service from HHLA Container Terminal


CMA CGM Extends Black Sea/North Europe Service

blacksea.jpg

The CMA CGM Group announced the extension of its FEMEX service on the North Europe – Mediterranean trade. In order to improve the coverage of the North Europe – Mediterranean trade and coinciding with a growing existing demand, the CMA CGM Group extended its FEMEX service in the Black


2013 DOT Year in Review: MARAD Sounds Off

Chip Jaenichen, Acting Administrator of the Maritime Administration.

The U.S. Maritime Administrator weighs in on 2013 and the road ahead ...   Here at the Maritime Administration (MARAD), we continue working tirelessly to improve our marine transportation system with innovative projects across the country


Port of Rotterdam Takes Even Strain in 2013

Photo courtesy of APM Rotterdam

According to provisional figures, goods throughput in the port of Rotterdam will end this year at the same level as in 2012: 442 million tonnes. The port explains that the top performance came from dry bulk such as coal, iron ore and agribulk


London Gateway Terminal: First Scheduled Arrival

London Gateway: Photo courtesy of the operators

Britain’s new global shipping port welcomes its first scheduled vessel, the ‘MOL Caledon’ from South Africa. After more than a decade of planning and construction across three square miles of development, DP World London Gateway deep-sea port is now open & operational.


WSS Opens Marine Safety & Training Academy in Atwerp

Andrew Sheriff

Wilhelmsen Ships Service (WSS) opened a new FRS (fire, rescue & service) Center and Safety Training Academy in Antwerp, Belgium.   “The opening of new safety service training facilities around the world will play a vital role in the growth of our total safety offer,” said


NOAA Awards $967,000 to 11 Marine Debris Removal Projects

The Hawaii Department of Land and Natural Resources will continue organizing cleanups to remove debris from beaches in Kahoolawe.

NOAA’s Marine Debris Program provided $967,000 through its Restoration Center to support locally driven, community-based marine debris prevention and removal projects. Eleven groups across the country received funding to remove derelict fishing nets, litter, lumber


 
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