London, UK, 29 April 2016 – LNG shipowners will have to wait until 2018 for earnings to improve, when the majority of new US plants are expected to come online, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry.
The dominant paradigm in container shipping is “economies of scale”, but we might be heading for a paradigm shift. Away with mega-carriers, mega-ships and mega-ports! Instead:
- Smaller carriers with fewer assets, less debt, more flexibility; carriers that actually compete with each other.
- Smaller ships to provide more tailor-made solutions to customers.
- More ports called, also to smaller ports with their own local catchment areas, rather than hub and spoke plus long land transport legs.
How could this happen? Five possible drivers.
A water bus on the river Scheldt. Since the announcement by port alderman Marc Van Peel several months ago that Antwerp Port Authority is to introduce this new and above all sustainable transport service, lots of hard work has been going on behind the scenes to get the first water bus line operational by the summer of 2017. "Port companies and Antwerp people in general are very enthusiastic about this new initiative," declared Marc Van Peel. "The water bus concept has already proved its worth in other cities. In a city such as Antwerp with the second-largest port in Europe it must be possible to successfully introduce such an initiative and develop it further."
Panama City, Panama, April 25, 2016 – The Panama Canal will hold a draw on Friday, April 29, to select the first vessel which will transit through the Expanded Canal when it is inaugurated on Sunday, June 26. The draw will take place at the Panama Canal Administration Building and a Notary Public to serve as witness.
Hamburger Hafen und Logistik AG (HHLA) is expanding the rail terminal at its Container Terminal Altenwerder (CTA). The company is thereby responding to the ever-growing number of rail containers. The CTA’s rail terminal will have nine tracks in future, instead of the current seven. The expansion will increase the terminal’s capacity by 140,000 to 930,000 standard containers (TEU).
Brazil’s Ports Minister, Helder Barbalho, this week handed over the reins of power to Mauricio Muniz, in a move that surprised many in Brasilia, where political surprises have been coming thick and fast in recent months.
Forth Ports has confirmed today (28th April) that, through significant investment in its straddle carrier fleet and IT development, the company will offer shippers a solution to determine the VGM (Verified Gross Mass) of export containers arriving at its terminals in Tilbury and Grangemouth, ensuring compliance with the updated provisions of SOLAS VI (Safety of Life at Sea).
The Antwerp Port Authority and ENGIE have signed a 30-year concession agreement for the development of an Alternative Energy Hub at Quays 526 and 528 in the Port of Antwerp. The Alternative Energy Hub will consist of a bunker and filling station with liquefied natural gas (LNG) for inland navigation and road transport. The site will also feature a compressed natural gas (CNG) filling station and rapid chargers for electric vehicles. With the development of the Alternative Energy Hub, the Port of Antwerp and ENGIE are taking a major step forward in the energy transition and promoting sustainable energy consumption in the transport sector. The concession takes effect on 1 October 2016 and the first phase of the hub will be operational by the end of 2017.
Dubai, UAE Thursday 28 April 2016 – DP World Limited today held its Annual General Meeting for the year ended 31 December 2015. DP World Chairman, Sultan Ahmed Bin Sulayem, made the following statement regarding operational performance in the first quarter of 2016.
Mumbai, 28 April 2016: Essar Bulk Terminal Limited, Hazira (“Hazira Terminal”), a subsidiary of Essar Ports Limited (“Essar Ports”), which is a part of Essar, has received an approval from Gujarat Maritime Board (GMB) to handle 15 million tonnes of merchant cargo over three years.