Port News

Hard hit German non-operating owners seek Berlin's aid Oct 28, 2009

GERMAN non-operating shipowners Claus-Peter Offen and Peter Dohle are seeking loan guarantees from Berlin's special KfW Sonderprogramm, that offer bridge financing to companies deemed healthy but too troubled by the downturn to invest, reports the Paris-based Alphaliner Weekly Newsletter. The state programme is handled by the KfW Mittelstandsbank in clos...

Chinese APM Terminals beat safety records company-wideOct 28, 2009

APM TERMINALS has announced a company-wide decline in its lost time injury frequency (LTIF) rate worldwide, but also spectacular results since the "safety culture" scheme was introduced in China a year ago. Company-wide figures were much improved globally year on year, but Asia-Pacific Region operations outclassed them all, reporting an LTIF of 0.52, agai...

Cosco boss sees V-shaped downturn - 'much better next year'Oct 28, 2009

RISING transpacific freight rates will hold as demand grows, a cheerful Cosco chief executive Wei Jiafu told reporters on the sidelines of the US National Press Club in Washington, DC even where he was to speak. Mr Wei said he believed in a V-shaped recession. "I believe the worst of the global financial crisis is past," he said. "It's really over. Next ...

Shanghai became world's top container port in SeptemberOct 28, 2009

THE Port of Shanghai's container throughput increased by three per cent in September to 2.23 million TEU, finally overtaking Singapore, which handled 2.15 million TEU, reports the Paris-based AXS-Alphaliner. But year-to-date, Singapore handled 18.94 million TEU versus 18.24 million TEU for Shanghai. Of course, it has long been assumed that Shanghai was...

Turnaround port for cruise linersOct 28, 2009

Cochin Port has emerged as the turnaround port for cruise liners with the arrival of the German cruise liner, AIDA cara, here on October 25, the Cochin Port Trust (CoPT) Chairman, Mr N. Ramachandran, said. According to Exim News Service, the vessel was carrying 1,135 high net worth guests and will stay at BTP berth till October 27. Around 983 passengers ...

An attractive offer for port operatorsOct 28, 2009

The attractive plot of land is situated within a short distance of the Gdansk port entrance, on the historic Westerplatte Peninsula, and designated for economic activity involving sea transport and shore-to-ship/ship-to-shore cargo handling. The Port of Gdansk Authority SA has announced a tender to find a port operator to provide cargo handling and forwardi...

Namibia readies US$1.82 million terminal at Walvis Bay Oct 27, 2009

THE Namibian Ports Authority has invested NAD13.5 million (US$1.82 million) for the purchase of a "next generation" container terminal operating system, NAVIS SPARCS N4, according to NamPort CEO Bisey Uirab. The operating system is expected to enable NamPort to provide a "world-class" service by raising productivity and reducing logistics costs in a bid t...

Baltic Dry look out - Shanghai Export Container Freight Index launched...Oct 27, 2009

SHANGHAI Shipping Exchange (SSE) held a recent launch party for its new Shanghai (Export) Container Freight Index (SCFI) which may yet become as famous as Baltic Dry Index, a Xinhua report suggests. In 1998, the SSE started the China (Export) Container Freight Index (CCFI) and in and 2001, launched the China (coastal) Bulk Freight Index (CBFI). After a de...

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