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  • 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.

  • 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

  • 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!)

  • 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

  • 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.
  • 14 Jan 2015 10:16 AM | Anonymous
    Original news was published on 13 January, 2015

    SHANGHAI has retained its crown for the fifth straight year as the world's busiest container port, overtaking Singapore, after handling 35.29 million TEU in 2014, an increase of 4.5 per cent, according to data from Shanghai International Port (Group) Co (SIPG).

    SIPG said December's volumes came in at 2.9 million TEU, up 1.4 per cent year on year. Shanghai's closest rival, Singapore, handled 30.96 million TEU in the first 11 months of 2014.


    *NEWS SOURCE

  • 13 Jan 2015 3:44 PM | Anonymous
    Original news was published on 12 January, 2015

    UPS announced the expansion of its UPS Worldwide Express Freight service in twelve new origin and nine new destination countries for urgent, time-sensitive and high-value international heavyweight shipments.

    The service offers faster guaranteed palletized shipments, over 150 lbs. (70 kg.), in more lanes than any other carrier. Delivery is door-to-door and day-definite, with customs brokerage service included. Saturday deliveries are available to select U.S. and Canadian postal codes.

    “UPS can help make growing internationally easier with solutions like this urgent air freight offering. Worldwide Express Freight helps customers get everything, from parts to finished goods, to more destinations fast, enabling businesses of all sizes to better compete on a global scale.” Nick Basford, UPS vice president of international marketing.

    *NEWS SOURCE

  • 12 Jan 2015 3:26 PM | Anonymous
    Original news was published on 12 January, 2015

    Poland’s Port of Gdansk handled around 32.3 million tons of cargo in 2014, according to the preliminary results, which is 7 percent more compared to the Baltic port’s previous record high throughput of 30.3 million tons in 2013.

    The port’s authority attributes the increase to the almost 40 percent growth in the handling of other bulk, more than 13 percent growth in fuels, nearly 10 percent increase in grain, and almost 7 percent rise in general cargo.

    In 2014 the port managed for the first time to exceed the volume of 1.2 million TEU, thus improving the last year’s record container throughput by around 3 percent.

    The size of ships handled by the Port of Gdansk throughout the last 8 years has expanded by almost 70 percent, with the year 2014 bringing record high results also in this regard, as indicated by the vessel traffic figures.

    *NEWS SOURCE

  • 09 Jan 2015 12:22 PM | Anonymous
    Original news was published on 09 January, 2015

    The Port of Virginia in 2014 set its new annual benchmark for container volume having handled more than 2.3 million TEUs, a 7.6 percent increase over last year’s total.

    The year was completed by strong volumes in December, when the port handled 203,276 TEUs, a jump of 12.3 percent when compared with the same month last year.

    December was the eighth month of 2014 when port TEU volumes exceeded 200,000 units. In 2014, the port exceeded the 200,000-TEU mark in April, May, July, August, September, October, November and December.

    ”In 2014, we moved 169,000 more TEUs than we did in 2013, which until now was our most productive year on record. Our volume is tracking for a record fiscal year as well: at the half-way point we’re up eight percent,” said John F. Reinhart, CEO and executive director of the Virginia Port Authority. ”The growth is significant, but it has created significant challenges as well, especially in service levels for our motor carriers.”

    *NEWS SOURCE

  • 08 Jan 2015 11:03 AM | Anonymous
    Original news was published on 08 January, 2015


    Cork-based Ardmore Shipping has taken delivery of a 25,000 DWT IMO II product and chemical tanker, the Ardmore Cherokee, built at Fukoaka Shipbuilding in Japan.

    The Ardmore Cherokee is the fifteenth vessel to join Ardmore’s fleet on the water, where she has been placed under the technical management of Thome Ship Management.

    The vessel has been fitted with an array of fuel efficiency technologies, including the SkySails’ performance monitoring system, in order to deliver optimal operational performance.

    “Ardmore Cherokee has been designed and built to the very highest standards and we would like to thank all those involved in her successful delivery by Fukuoka Shipbuilding for their hard work and commitment. We wish her master and crew safe seas and look forward to her contribution to Ardmore’s continued growth,” said Mark Cameron, COO of Ardmore Shipping commenting on the delivery.

    *NEWS SOURCE

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