Features / Interviews
Global shipping capacity since 2005 has grown 35% faster than carryings for the largest 25 operators, according to research by consultancy Dynamar. The findings suggest that the 20 largest operators carried a total of 538 million TEU between 2009 and 2013 which generated a net loss of $12.5 billion based on revenues of $748 billion.
Global port trade slowed in the third quarter this year due to the return of outsourced manufacturing to the U.S., lower than expected economic activity in Europe and lack of investment in emerging markets, according to a recent report from research consultancy Shanghai International Shipping Institute (SISI).
The imposition of a special Sulphur Emission Control Area (SECA) covering the English Channel, North Sea and Baltic Sea areas of northern Europe on January 1, 2015, could reshape traditional Asia-Europe supply chains and even lead to adjustments on transatlantic liner services, according to one leading consultant.
Brazil’s Special Ports Minister Cesar Borges said his future was “entirely at the disposal” of Brazilian President Dilma Rousseff and her Chief of Staff Aloizio Mercadente. In an open and frank statement made at a recent event organised by the Association of Private Terminals (ATP), Borges declared that he would accept any fate Rousseff had in store for him but also pushed for the TCU (a government watchdog) to complete its investigations into port bidding processes (in Santos and Para state) and allow for some $2.2 billion of investment to go ahead.
Yet another new port terminal is being lined up for Santos in Brazil. This time it is a Reais480million ($187.4 million) investment from the Grupo Brasileira de Terminais e Armazens Gerais (EBT) and the targeted location is Guarupa, on Ilha Barnabe and on the west bank of the Santos port complex between the new Embraport container terminal and the Santos Brasil Terminal de Exportacoes de Veiculos (TEV) ot Vehicle Export Terminal.