Port Finance International Events - covering global port developments

Search site

RSS

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.

Manufacturing exports have helped to attract almost $1.9 billion to the Filipino Port of Bataan in the first ten months ofthis year alone, according to Deogracias Custodio, chairman of the Authority of the Freeport Area of Bataan (AFAB).

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.

The Superterminais port terminal in the Brazilian jungle port of Manaus has been granted a a “contract of adhesion” status vis a vis the new Brazilian Port Law 12.815/2013.

Having firmly established itself as the number one box terminal in Santos, the number one port for containers in all South America, Brazil Terminal Portuaria (BTP) could go on and handle some 1.2million TEU by the end of next year.

The next few years up to the end of the decade will see cargo-handling activity at the port of Busan in South Korea gradually concentrated into the New Port Complex. This will allow the port authority to invest and convert the city's North Port into a cruise, leisure and recreational facility.

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.

Brazil’s Special Ports (SEP) Minister Cesar Augusto Rabello Borges has promised that Reais 2.8 billion ($1.095 billion) will be spent on the port sector in Brazil before the end of 2015.

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.  

ABOUT US

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.

Follow us

Newsletter

Sign up for our free newsletter