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.: 2-Sep-2015 :. Search News
Displaying 1 to 5 of Records.
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APM Terminals Pipavav Starts New Ro/Ro Service
With 1,300 new Indian-built Ford automobiles loaded onto the Grand Dahlia on August 27th for delivery to Mexico, a new era for the Indian auto industry and Gujarat Port Pipavav commenced. The 59,217 gross ton roll on/roll off (Ro/Ro) vessel was the first to call Western India's fastest-growing port, operated as part of the APM Terminals Global Terminal Network. APM Terminals Pipavav announced the inauguration of Ro/Ro operations at the multi-purpose port last June after concluding an agreement with Japanese-based NYK subsidiary NYK Auto Logistics (NAL) India for finished car export services and the construction of a new automobile services terminal.

"This loaded shipment of Indian-built automobiles for export marks the beginning of not only a fourth new service offering to be provided by Port Pipavav, but also a new chapter in India's growing automotive sector, and the new automotive manufacturing hub located in Gujarat State" noted APM Terminals Pipavav Managing Director, Keld Pedersen.

The 200-meter long, 33-meter wide Grand Dahlia, with a capacity of 6,500 vehicles, took on its cargo at the new NAL car terminal, which includes an 80,000 square meter (20 acre) automotive Ro/Ro stockyard, and a 4,400 square meter (one acre) staging area. The car terminal area is leased from Port Pipavav by NAL, which operates the facility and has the ability to process and load 250,000 vehicles annually. APM Terminals Pipavav also handles containers, dry bulk, and liquid bulk cargo operations, with direct double stack rail service to inland commercial and industrial centers.

The recently completed $1 billion Ford automobile and engine manufacturing facility in Sanand, Gujarat, approximately 300 km (186 miles) from Pipavav Port, has a production capacity of 240,000 cars and car engines each annually, with half destined for export. In the first 11 months of the fiscal year, Ford’s Indian automobile exports rose to 71,181m units, exceeding Ford’s domestic Indian car sales of 69,885 vehicles.

Also active in Gujarat State is the Ford Motor Company's fellow US-based global rival General Motors, along with home-grown Indian-based Tata Motors. Japanese-based Suzuki Motors has announced the construction of a new auto manufacturing facility with an annual production capacity of 750,000 vehicles, projected to open in 2017. Gujarat thus joins the Delhi region and South India's Bengaluru/Chennai corridor as India's third automotive manufacturing cluster, and a new center of finished auto exports. Ford's global manufacturing strategy includes tripling exports of its Indian-built cars, including the Aspire model compact sedan marketed to other emerging economies. Indian passenger car exports have grown by 60% over the past five years, exceeding 620,000 in 2014, surpassing China's passenger car exports of 533,000 passenger vehicles.

An expansion now underway will include strengthening the existing berth, additional dredging, three new post-Panamax cranes, and four RTGs, which will increase the port's annual throughput capacity to 1.35 million TEUs. Pipavav is one of two facilities in India able to accommodate high-cube double-stack rail cars. In April 2014 a new liquid bulk terminal, operating under sub-lease by the Aegis Group, was officially opened. Container throughput at APM Terminals Pipavav was 780,000 TEUs in 2014, reflecting an annual growth rate of 18%, along with 3.13 million tons of bulk cargo.
Source: APM Terminals

Posted On:2-Sep-2015



Credits: www.bunkerportsnews.com

Pacific Exploration and Production Announces the Official Start of Operations of Puerto Bahia Port Facilities
Pacific Exploration & Production Corp. announced the start of operations of Puerto Bahia port facilities in Cartagena, Colombia. The terminal officially commenced liquid and general bulk transport operations on August 28, 2015, opening a multi-modal and world-class specialized port for the public.

Pacific has a 41.65% equity interest in Pacific Infrastructure Ventures Inc. ("Pacific Infrastructure"), a private company that developed Puerto Bahia. The port, built at a cost of approximately US$ 600 million, consists of two terminals: a hydrocarbon terminal and a dry cargo terminal. The hydrocarbon terminal has an initial storage capacity of 2.4 million barrels, in eight storage tanks for both naphtha and crude oil and has the capacity to load Suezmax tankers (up to a one million barrels capacity). In addition, it has a truck loading/unloading station and a barge terminal offering complete flexibility in hydrocarbon transportation logistics. The bulk loading terminal has a 300 meter long dock and can handle post-Panamax ships. It has an area of 12 hectares available for storage with room for future expansion. The port is accessed by sea, river, and land in the Bay of Cartagena, on the north side of Barú Island and has a natural draft of 20 meters.

Ronald Pantin, Chief Executive Officer, commented: "The official opening of the port is the fulfilment of our strategy to promote infrastructure projects that are complementary to our exploration and production investments. Puerto Bahia adds flexibility to our operations and supports our belief that the right infrastructure project begets progress for the entire country. The port offers an alternative oil export point for Colombian producers as well as providing import/export and storage capabilities in close proximity to the new Reficar refinery."

Juan Noero, President of Pacinfra, was also quoted as saying: "This is a key strategic project for the development of Colombia and a fundamental piece in our challenge to become a more competitive and innovative nation."

Puerto Bahia is an initiative of Pacific and the International Financial Corporation (IFC), the investment arm of The World Bank.
Source: Pacific Exploration and Production Corporation

Posted On:2-Sep-2015



Credits: www.bunkerportsnews.com

Battening Down the Business Hatches
The offshore marine space continues to be operating in high stress mode with even the most noble and well run companies struggling to generate profits, or even positive cash flows. Outside of the marine space the global oil and gas industry faces poor earnings visibility as capex and operating costs are being slashed. The market continues to be challenging for the entire industry; including oil companies, vessel owners, service providers and shipyards. Utilisation dropped on average 40% across the sectors with some areas effected more than others (North Sea/US Gulf of Mexico). Charter rates are down, again at levels around 40%. http://goo.gl/8cf09W

Posted On:2-Sep-2015



Credits: www.shiptalk.com

India: Government lays out progress of 10 new ports
The State Government informed the Assembly that the 10 new ports sought to be developed in the State are in various stages of implementation.

The technoeconomic feasibility report (TEFR) for the Bhavanapadu port in Srikakulam district has been prepared and a request for quotation (RfQ) issued. Land for the project has been identified and a requisition to this effect has filed before the district collector, the government said.

As for the Narsapur (West Godavari) and Ramayapatnam ports (Prakasam), Rail India Technical Economic Serive (RITES) is expected to complete the TEFR by October. Land for the two parts was being identified, and the tender process would be initiated on receipt of the TEFR. For the port at Machilipatnam, the project has been awarded to Machilipatnam Port Limited and a requisition for land has been filed before the Krishna Collector.
Source: The Hindu

Posted On:2-Sep-2015



Credits: www.bunkerportsnews.com

BIMCO launches award nominations in search of shipping industry excellence
BIMCO, the world's largest international shipping association is now calling for nominations for its prestigious awards, to be presented in Hamburg in November 2015.

Angus Frew, Secretary General at BIMCO, said:
"We are looking forward to receiving nominations from across the industry for the BIMCO Awards this year.
"The awards are focused on the quality and innovation shown by the companies and individuals who have made significant contributions to the industry, and entry is not restricted to members of BIMCO."
The first BIMCO Awards were launched last year at the association’s annual conference in Dubai. This year, the awards will be presented during a celebratory dinner at BIMCO's 2015 annual conference in Hamburg.
Nominations for appropriate companies or individuals can be made online and the deadline is 25 September 2015. The award categories are:

1. BIMCO Shipping Company of the Year - for a shipping company which has recently demonstrated:
innovative customer service
business profitability and
solid service reliability.

2. BIMCO Contracts and Clauses Award - for a company or person which/who:
has produced the best recent publication on international maritime contractual issues
has been a prolific user of BIMCO forms in the past 12 months
has promoted harmonisation in the contractual area of shipping based on BIMCO's contracts and clauses.

3. BIMCO Education and Training Award - for a company which has:
invested in new facilities and/or courses
delivered growth in number of students/graduates
demonstrated innovative teaching methods/techniques

4. BIMCO Regional Shipping Personality of the Year - for an individual who has made an exceptional personal contribution to the shipping industry in Europe* in the past 12 months. For example, this can be a demonstration of their:
contribution to outstanding commercial success for their company
contribution to the profile of their company or to the shipping industry in the region
innovative approach or dedication to the industry's success.

*This year's region is Europe, owing to the location of the BIMCO Awards ceremony.
BIMCO's President Philippe Louis-Dreyfus will also present a special award during the event.
Source: BIMCO

Posted On:2-Sep-2015



Credits: www.hellenicshippingnews.com
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