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Shanghai and Singapore port calls added to Gulf China service
PostTime:2022-07-05 09:08:51 View:111
THE Saudi Ports Authority (MAWANI) announced the addition of two new port calls, Shanghai and Singapore, to the Gulf China Service (GCS) in a bid to increase trade operations in King Abdulaziz Port in Dammam. GSC is a direct weekly service operated by Pacific International Lines (PIL), connecting China with the Gulf area in the Middle East. MAWANI has recently added seven new shipping line services to strengthen Saudi ports' connectivity with logistics networks around the world in line with the objectives of the National Transport and Logistics Strategy and Saudi Vision 2030. The King Abdulaziz Port has capacity to handle 105 million tonnes and extends for a total area of 19 square kilometres with 43 berths. Last March, the port recorded the highest daily container throughput for any port in Saudi Arabia handling a total volume of 18,020 TEU on a single vessel, according to London's Port Technology.
Kalmar to supply three Eco reachstackers to Yantai Port
PostTime:2022-07-04 09:04:01 View:122
KALMAR, part of Cargotec, has received an order for three Kalmar Eco Reachstackers from Yantai Port in China making the Eco reachstackers the first to be delivered by Kalmar to a customer in the North China region. Globally, Kalmar has delivered over 450 Eco reachstackers to date. The contract, which was concluded through Kalmar's local dealer Yantai Haotong Machinery Equipment Co Ltd, also includes comprehensive training for maintenance technicians and equipment operators. The order was booked in Cargotec's Q2 2022 order intake with delivery scheduled for July 2022. Yantai Port, located in the north of Shandong Peninsula, is an essential node of the 21st century Maritime Silk Road. Kalmar and Yantai Port have maintained a good working relationship since the 1990s. The existing fleet of Yantai Port consists of Kalmar products only, including reachstackers, empty container handlers, forklift trucks and top loaders. The new Kalmar Eco Reachstackers will join the current fleet of over twenty machines on a lease solution to further enhance customer's operational efficiency. The units to be delivered to Yantai Port will be fitted with the necessary hardware to enable connection to Kalmar insight performance management tool, which will provide the team at Yantai Port with access to real-time data such as running hours, fuel consumption, idle time, production time, distance travelled and other key operational indicators. This will allow them to track equipment performance and usage, manage maintenance activities and ultimately help them improve their operations. Wei Jianlu, general manager, Yantai Haotong Machinery Equipment Co, Ltd, said: "Kalmar products are renowned for reliability, quality, safety and as well as for excellent operational performance. For more than 20 years, Yantai Port has been using Kalmar products. We are honoured to provide long-term service for our customers in Yantai Port and look forward to the excellent performance of the new Eco reachstackers." Alex Tang, interim vice president, Kalmar Greater China said: "The Kalmar Eco Reachstackers reduce fuel consumption and emissions while maintaining productivity. Furthermore, the machines will provide an enhanced driving experience with smoother acceleration, lower cab noise and better visibility. In the future, we will continue to contribute to the development of Yantai Port with our flexible and quality solutions, hence helping Yantai Port's business continue to grow."
DaChan Bay Terminals hosts upgraded BTS Service
PostTime:2022-06-30 08:49:39 View:102
DACHAN Bay Terminals welcomed the maiden call of upgraded intra-Asia service - BTS, which is operated by Gold Star Line Ltd (GSL) and covers India and Thailand markets. The upgraded BTS service will enhance the Asian network in DaChan Bay Terminals. It will offer good connection to India and provide more choices for exporters/importers with cargoes to/from Thailand, the terminal said in a statement. DaChan Bay Terminals managing director Brian Yeung said: "GSL is our long-term partner and we are glad that DaChan Bay Terminals is their port of choice in South China for the new BTS. We will continue to work together to provide customers with quality supply chain services." Two vessels are deployed in the BTS service which calls DaChan Bay Terminals on alternate weeks on Monday with a port rotation of DaChan Bay, Laem Chabang, Port Kelang, Haiphong, Qinzhou and returning to DaChan Bay.
Qingdao is the world's first hydrogen-powered and 5G intelligent port
PostTime:2022-06-28 14:14:56 View:89
SHANDONG Provincial People's Government has shared insights into its automated container terminal at Qingdao Port as part of the 2022 Qingdao Multinationals Summit, reports London's Port Technology. Shandong Port Group senior expert Zhang Liangang and Qingdao New Qianwan Container Terminal general manager Li Yongcui explained that Qingdao Port is now one of the world's leading automated container terminals equipped with state-of-the-art technologies, a high degree of automation and high loading and offloading efficiency. It is also the first fully automated container terminal in Asia. The port has achieved productivity of 36.2 containers per ship per hour on average, peaking at 52.76 containers per hour, a production efficiency that is 50 per cent higher than other ports with similar automated terminals. As one of the world's largest automated terminals, Qingdao Port can accommodate 24,000 TEU container ships with an annual throughput of 5.2 million TEU. In June last year, the world's first intelligent overhead container delivery system (in a pilot phase) was put into operation at the automated terminal. The system was co-developed by a team of Qingdao Port engineers working under Mr Zhang and the R&D team at CRRC Yangtze, with the goal of integrating the leading suspension transport technologies into the port's operations to resolve that most difficult 'last mile'. The aim is to maximise efficiencies when it comes to delivering containers between the terminal, ships, transfer stations and stockyards, and meet the requirements for low cost, short loading and unloading cycles, greater efficiency, full automation, higher safety and zero emissions. Qingdao Port has claimed that it is the world's first 'hydrogen + 5G' smart ecological terminal, pioneering hydrogen-powered crane technology and systems by developing a hydrogen energy-driven solution for the fuelling of equipment needed for the operation of a large port. The system reduces carbon emissions by some 3.5 kilogrammes and sulphur dioxide emissions by 0.11 kilogrammes per TEU. Calculated on the basis of an annual capacity of 3 million TEU, 21,000 tonnes of carbon dioxide and 640 tonnes of sulphur dioxide emissions are estimated to be cut annually.
HK 'shipshape' as international maritime hub: Sabrina Chao
PostTime:2022-06-28 14:13:27 View:101
FORMER chairman of the Hong Kong Shipowners Association and currently president of the Baltic and International Maritime Council (BIMCO), Sabrina Chao, says the city's maritime industry will continue to thrive under the territory's "one country, two systems" principle. The comment was contained in the Hong Kong Special Administrative Region (HKSAR) government's official commemorative book to mark the 25th anniversary of the establishment of the HKSAR, reports Xinhua. Ms Chao said that "under the 'one country, two systems' principle, Hong Kong retains the common law system, and the legal commonality is one of the pros that enables Hong Kong's maritime industry to thrive". She said that Hong Kong had the wealth of knowledge and experience in the realm of shipping. Ms Chao called for "combining the mainland's manpower resources with the experience of Hong Kong shipowners for new measures that tie in with the development of the Greater Bay Area (GBA) and also for the benefit of the long-term development of the industry". She believes that with Hong Kong's vast experience, the maritime industry can offer great ideas and suggestions, and collaborate with the GBA in promoting environmental protection and related research and development. Ms Chao, who's been in the shipping industry since 2011 and joined the family business Wah Kwong Maritime Transport Holdings Limited in 2022, said Hong Kong's status as an international maritime centre is already shipshape, but said that she had higher ambitions. The biggest challenge that laid ahead was "green shipping". Ms Chao said she's pleased that the HKSAR government has stepped up efforts in promoting the development of the maritime industry in recent years. "Coupled with the 14th Five-Year Plan (2021-2025), which expressly supports Hong Kong in enhancing its status as an international transportation centre, it is believed that new policies and measures are in the pipeline to help fuel the development of the maritime sector."
PostTime:2022-06-24 09:32:14 View:89
The No.7 and No.8 berths, originally designed to be constructed as two 70,000 tonnes-class multi-purpose berths, which were restructured to be two 100,000 tonnes-class automatic container berths, with a design handling capacity of 1.02m teu. The terminal project applied U-type layout, featuring advantages of high-efficiency and energy-saving, which could realize seamless connection between sea and railway transportation. Related: Yantian port starts building three new automated container berths After going into operation, the automatic berths are expected to greatly improve handling capacity and the automation level of our port,said Beibu Gulf Port. These two berths will officially commence operation at the end of June. During the first five months of this year, Beibu Gulf port posted a container volume of 2.59m teu, an increase of 18.3% year-on-year. Among its major port assets of Fangcheng port, Beihai port and Qinzhou port, the latest has the strongest ability for container handling.
HK's incoming CE aims to expedite the re-opening of territory's borders
PostTime:2022-06-24 09:09:24 View:105
HONG Kong's incoming leader, John Lee Ka Chiu, who takes over the reign on July 1 from Carrie Lam, has spoken of the urgency to work towards the full reopening of borders with the mainland and the rest of the world. However, in an exclusive interview with Hong Kong SCMP, the incoming Chief Executive stressed that whatever actions are taken to reopen the borders and to reduce mandatory quarantine for travellers, they should not bring extra risks to China at the same time. Mr Lee pointed out that Hong Kong's health chief is to conduct a review of the Covid-19 situation "very quickly" and come up with interim measure to reduce inconvenience for travellers. "If we may not achieve that goal very quickly, are there interim goals that we can achieve? "I am formulating different options, so that I hope there will be less inconvenience for travelling across the mainland boundary," he added. Among the measures being looked at include suggestions of allowing incoming travellers to quarantine at home, or shortening the number of day they have to spend isolating at designated hotels. Admitting that the quarantine period of seven days currently enforced in Hong Kong is causing inconvenience to travellers, Mr Lee emphasised the need to reopen the borders as soon as possible for the resumption of trade and travel. Mr Chan said Hong Kong was still very competitive and an open society with opportunities.
Ningbo-Zhoushan adds capacity with new box berth
PostTime:2022-06-23 09:48:36 View:105
THE Port of Ningbo-Zhoushan has added another dock, container berth No 9 located at Meishan port area, which is designed to handle 150,000 tonne box ships, reports Colchester's Seatrade Maritime News. In 2021, Meishan port area posted a container throughput of 6.68 million TEU, accounting for almost 20 per cent of the box volume of Ningbo-Zhoushan port. Container volume at Meishan port area exceeded 811,000 TEU in May, an increase of 31.1 per cent year on year, hitting a new single-month high. Opening up of No 9 berth could shorten berthing time for domestic vessels, which will be used for international ships soon after, said the port operator.
Container volume at eight major Chinese ports increased 8.5% year-on-year in late May.
PostTime:2022-06-22 13:10:40 View:87
Export container volume up 13% while domestic volume dropped 6.3%. The sharpest rise in volumes was for the port of Shenzhen which posted a growth rate of over 60%. Shanghai gradually resumed factory production and the supply chain started to improve with the port posting a container volume growth of 0.8% year-on-year. The average daily handling volume grew 4.7% comparing with mid-May. Related: PIL, RCL in new North China – Thailand service Cargo throughput at major coastal hub ports declined 0.9% while international trade cargo throughput increased 2.6%. Crude oil shipments at major coastal ports up 13.8 % year-on-year in late May. Among which the port of Dalian posted a growth rate of 35%. Related: Major Chinese ports container volume falls 0.4% in early May Metal ore shipments at major Chinese ports dipped 7.2% while the port inventory increased 12.03%. In late May, cargo throughput and container volume at three major Yangtze River ports, Nanjing, Wuhan and Chongqing, increased 3% and 46.1%. For the whole month of May, container volume at eight container ports increased 4.1% year-on-year. The international trading container volume rose 7.4% while inland trading volume dropped 5.6% affected by covid-outbreaks happened in some major port cities.
Hong Kong forwarder Excel Network expects to launch IPO
PostTime:2022-06-20 08:57:24 View:81
HONG KONG forwarder Excel Network has joined several companies in the container shipping market in publicly listing on the Hong Kong stock exchange, reports London's Loadstar. Founded in 1997 by CEO Wong Tat Shing and chairman Ramthur Chim, the group has incorporated ENL Group Holdings in the Cayman Islands to apply for the listing in Hong Kong. Filed on May 30, the listing did not give any timeframe or fund-raising target for the Initial Public Offering (IPO). The group began with ocean freight from Hong Kong and expanded its business to mainland China in 2005. The group has offices in Shanghai, Shenzhen, Chongqing, and Guangzhou. Excel Network's management declared that part of the IPO proceeds would go towards expanding its air freight forwarding services. In the year ending March 31, 2022, Excel Network's ocean freight volumes doubled year-on-year to 26,926 TEU and air freight increased three per cent to 8.93 million kg. The company's net profit trebled to US$9.69 million. The strong growth in Excel Network's ocean shipment volume was primarily due to an increase in orders for garments and fashion-related products, household products and furniture. Management also noted the shift from air freight forwarding to ocean freight forwarding because of volatile freight rates and capacity shortages. Several companies have been turning to the stock market to raise funds. For example, Chinese logistics operator De Well Group applied for a listing on the Hong Kong bourse. China United Lines applied for a Hong Kong IPO, while TS Lines boss Chen Te-sheng declared the company hoped to be listed in Hong Kong this year.
Mixed messages as Shanghai port reboots back to normality
PostTime:2022-06-16 10:03:00 View:142
MIXED messages on demand are occurring throughout the shipping industry as Shanghai reopens and the feared congestion and chaos of peak season may not materialise, reports the American Journal of Transportation. Still, National Retail Federation (NRF) Projections for imports throughout the summer remain elevated and ocean spot rate futures and contract rates remain high too. Changes in inventory and spending are signs that things are changing, but there is enough demand and congestion to increase delays and ocean rates as Shanghai reopens. Taken together, this mix of competing indications may signal the start of a gradual return to normal. Meanwhile, Asia to US west coast prices fell 11 per cent to US$9,574/FEU. This rate is just nine per cent higher than the same time last year. While some measures record a drop in orders for US-bound imports in April and May, April volumes were five per cent higher than last year. May and June volumes are projected to be higher than April, 7.5 per cent greater than in 2021, and tied for the third-highest monthly volumes on record, with July and August not far behind. Regardless, consumer spending shifts are new developments and signs that inflation and the wane of the Covid crisis in the west are changing the market.
Port of Guangzhou Nansha sends sea-rail volumes soaring 201pc
PostTime:2022-06-13 08:54:46 View:144
SOUTH China's inland ports and Guangzhou's Nansha railway hub port increased volume 201.6 per cent year on year in May to more than 10,000 TEU, reports Colchester's Seatrade Maritime News. Guangzhou port has established a sea-rail logistics service platform, connecting shipping services with railway and inland cargo transportation to provide an integrated logistics solution. The bulk-to-container volume of Guangzhou port also jumped 103.1 per cent in May.