International ports

Despite oft-repeated claims by DP World Subcontinent that its flagship terminal at Jawaharlal Nehru Port Trust is operating normally and truck turn times are no more than the normal average, logistics providers in India’s largest container harbor said the roadway to the private facility continues to remain clogged and gating in containers is a chore.

China Merchants will acquire a 21.05 percent stake in Dalian Port Co., making it the second largest shareholder of the northeast China port operator, as the country continues to restructure its state-owned sector.

Fire at South America’s busiest container gateway of the Port of Santos has crippled operations at the port for the second time in less than a year, closing a marine terminal that handles about a third of the port’s container volume, according to a Reuters report.

Shippers and ocean carriers pushing for capacity and productivity improvements at Jawaharlal Nehru Port Trust could see some results, as the port administration has significantly increased the length overall limit for ships calling at India’s biggest container gateway.

The world’s fifth-largest container line, Hapag-Lloyd, expects no major tonnage changes on all-water container services through the Panama Canal before the end of this year.

DP World Subcontinent said it is working to end the protracted slowdown at its flagship terminal in Jawaharlal Nehru Port Trust, India’s biggest, public container gateway.

The municipal government of Yokohama in Japan’s Kanagawa Prefecture has set up a new company to operate the prefecture's ports in Yokohama and Kawasaki in an integrated manner.

The Singapore port is reducing the fees it charges container lines 10 percent as the volume at the world’s second-busiest port and Asia’s top transshipment hub sags.

Greece today confirmed Cosco Pacific is the only bidder for a majority stake in the Piraeus Port Authority and immediately asked the Chinese company to submit an improved offer for control of the nation’s largest port.

Even though the official opening of Panama Canal’s third set of locks is only about four months away, the true impact of the $5.25 billion project on U.S. East and West Coast ports is yet to be determined because of the many factors that affect international trade flows, the vice president of marketing at Manzanillo International Terminals said Monday.

Long truck lines and gate congestion that flared up off-and-on last year have come back to haunt shippers and ocean carriers using Jawaharlal Nehru Port Trust, India’s biggest, public container handler, according to trade updates issued by local logistics services providers.

Amid the backdrop of the global shipping downturn, South Korea’s Ministry of Oceans and Fisheries has decided to hold off on raising fees for using the country’s trading ports and plans to reduce port fees by 70 percent over the next three years.

Mumbai-based J.M. Baxi Group is reportedly the final bidder for a public-private-partnership contract to upgrade, operate and maintain existing container terminal infrastructure at the Port of Kandla, a major, state-owned port complex on India’s west coast.

The government of Tanzania said the $10 billion Bagamoyo Port development project, one of the largest port developments currently planned worldwide, has not been suspended and that work on the project would commence in July.

Product inspection failure rates at factories in the export powerhouses of Asia rose sharply in 2015, both in China and across the newer sourcing countries, according to global quality control and compliance firm Asia Inspection.

Container throughput at India’s major, state-owned ports showed a modest increase in the first three fiscal quarters from a year earlier as sluggish global demand continues to weigh heavily on the country’s foreign trade.

Gate operations at Nhava Sheva International Container Terminal, a DP World facility in India’s biggest container gateway, Jawaharlal Nehru Port Trust, are back to normal Friday even as the industrial action by a group of unionized workers over wage improvement demands entered its 10th day.

Brazil’s government needs to offer more guarantees investments will not be interfered with if foreign global terminal operators are to participate in the latest port concession process, according to Wilen Manteli, president of the Brazilian Association of Ports and Terminals.

Nhava Sheva International Container Terminal, or DP World Nhava Sheva, strongly refuted a charge by logistics providers that the abrupt disruption brought on by labor slowdowns had seriously hurt gate movements at the terminal in India’s biggest, public container port complex, Jawaharlal Nehru Port Trust.

Foreign trade-related container throughput at the port of Yokohama fell for the seventh month in a row in October as the government of Japan takes action to shore up the international competitiveness of its key container ports.

Rotterdam’s container cranes will come to a halt this afternoon as dockworkers walk off the job for 24 hours to protest possible job losses at the port’s new highly automated terminals.

Adani Ports and Special Economic Zone on Wednesday announced it reached an agreement with its terminal joint venture partner Terminal Investment Ltd., a subsidiary of Mediterranean Shipping Co., to consolidate operations at Mundra, as India’s biggest port operator positions itself for further growth under new CEO Karan Adani.

Nhava Sheva International Container Terminal, or DP World Nhava Sheva, said it is taking all steps to restore normalcy in the terminal and bring ship calls back on track at India’s biggest container gateway, Jawaharlal Nehru Port Trust.

Minor, or non-major, cargo terminals in India, which recorded double-digit growth last fiscal year at the expense of their major, public rivals, have lost some momentum in recent months in the wake of slowing global demand.

Israel is forecasting throughput growth of 40 percent at the Mediterranean container ports of Haifa and Ashdod over the coming five years.

The port of Rotterdam is bracing for several 24-hour strikes in the next two months as dockworkers protest potential job losses at its new automated container terminals.

A week-long labor disruption is wreaking havoc on cargo moving through Nhava Sheva International Container Terminal, a DP World facility at India’s biggest container handler, Jawaharlal Nehru Port Trust, according to trade updates from logistics services providers in the west coast harbor.

North Europe’s stagnant economy is expected to produce a decline in container volume at the region’s ports during the first half of 2016, Hackett Associates and the Hamburg-based Institute of Shipping Economics and Logistics said.

The port of Antwerp has called for its main rival Rotterdam to join forces to confront the challenge of China’s growing investment in southern Europe ports that could lure container traffic from the Le Havre-Hamburg range.

Container throughput at Jawaharlal Nehru Port Trust, India’s largest major, public container gateway, edged up nearly 1 percent in December compared to the same month in 2014, the newest port data collected by JOC.com shows.

Sihanoukville Autonomous Port, the operator of Cambodia’s largest port, plans to list on the Cambodia Securities Exchange in the first half of 2016.

China’s Ningbo-Zhoushan Port, the fifth-largest in the world and third-busiest in China, lifted 20 million 20-foot-equivalent units for the first time in its history, joining an elite club of four other ports that have passed that milestone.

DP World said its International Container Transshipment Terminal, or Vallarpadam Terminal, at India’s Port of Cochin has had a “remarkable” year of growth, with significant volume and productivity gains amid tight market conditions.

Adani Ports’ aggressive efforts to woo more ship calls at its newly-acquired Kattupalli Port on India’s east coast appear to be bearing fruit.

The government of India reiterated the importance it places on participating in the development of the port of Chabahar in southeastern Iran as the two countries work on agreeing to specific terms that would allow the project to commence.

South Korea logistics company CJ Korea Express has sold 20 percent of its stake in its loss-making terminal in Busan port to a unit of China Shipping Group.

The building of a terminal with an initial capacity of 500,000 twenty-foot-equivalent units annually in Nova Scotia inched closer to reality after a China infrastructure construction company earlier this month agreed to study the feasibility of such a project

The awarding of a public-private-partnership contract to DP World for the construction and operation of International Container Transshipment Terminal, also known as Vallarpadam Terminal, at India’s Port of Cochin has come under fire from the country’s public spending watchdog.

Japan’s transport ministry has unveiled plans to ramp up its spending on measures to shore up the sagging international competitiveness of key domestic container ports as part of broader efforts to revitalize the economy.

Having embarked on an expansion program, Incheon port aims to handle 2.5 million 20-foot-equivalent units in 2016.