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Outlook / Forecast

- Recommendations for closer collaboration between ports, supply chain and business
- Peel Ports calls for increased investment in east–west freight and logistics infrastructure

Jacques Vandermeiren (52) has been appointed CEO of Antwerp Port Authority as of 1 January 2017. He succeeds Eddy Bruyninckx who after 25 years at the head of the Port Authority is retiring on 31 December 2016. Until January 2015 Vandermeiren held the position of Chief Executive Officer of Elia, the listed company that operates the national electricity grid in Belgium. He can draw on extensive experience in the energy sector, which will stand him in good stead with the industrial operators in the port. He also has the necessary experience with complex stakeholder management and in dealing with a publicly-owned shareholder.

Since 2008 the Maersk Group has successfully gone through a phase of operational optimisation in each of its businesses to the point of top quartile performance in most units.

Climate change is happening. As outlined in the most recent Fifth Report of the IPCC – AR 5 (IPCC, 2013):

Warming of the climate system is unequivocal, and since the 1950s, many of the observed changes are unprecedented over decades to millennia. The atmosphere and ocean have warmed, the amounts of snow and ice have diminished, sea level has risen, and the concentrations of greenhouse gases have increased.

Eurasian trading blocs would benefit from exploring innovative forms of cooperation to ensure OBOR success says DP World Group Chairman and CEO at Astana Economic Forum

dpworldListing supports His Highness’s vision to position Dubai as the Capital of the Islamic Economy globally

Significant investor interest with issuance 2x oversubscribed

18 May 2016, Oslo: With ultra-low container rates, multiple operators teetering on the brink of bankruptcy, and adversarial relationships developing between those shipping goods and the carriers, Xeneta believes the entire container industry must evolve. The Oslo-based benchmarking and market intelligence platform for containerized ocean freight is proposing a radical solution it says would benefit both shippers and carriers – the introduction of ‘commodity’ status.

Istanbul based Yilport Holding A.S. has announced today that Mr. Sean R. Pierce has officially resigned from his position as CEO effective May 4th, 2016.  Mr. Pierce joined Yilport in 2011 in support of Mr. Robert Yildirim’s vision to develop a global port operating company that would be top 10 international terminal operator by 2025.  Yilport Holding A.S. was created in 2012 and today has seventeen (17) port terminals, five (5) dry terminals in seven (7) countries.

The Ghana Ports and Harbours Authority (GPHA) is inviting interested and eligible parties to submit an Expression of Interest for the Concession of the Dry Bulk Terminal in the port of Takoradi. The Concession provides the right and obligation to complete the Development, Operate and Transfer back the Dry Bulk Terminal.

London, UK, 4 May 2016 – Drewry forecasts dry bulk freight rates in 2016 will be, on average, lower than in 2015, as the medium-to-long term fundamentals for dry bulk shipping will remain challenging, according to the latest edition of the Dry Bulk Forecaster report published by global shipping consultancy Drewry.

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Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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