Advertise On EU-Digest

Annual Advertising Rates
Showing posts with label Port Facilities. Show all posts
Showing posts with label Port Facilities. Show all posts

5/12/16

Shipping - Special Report: North Europe ports tapped as best gateways for Asia cargo - by Bruce Barnard

The Port of Rotterdam
Europe’s northern gateway ports will remain a better option than their Mediterranean rivals for shippers transporting containers to and from Asia as environmental factors come more into play, according to a report.
Transporting containers across most of Europe from northern ports is currently cheaper and more sustainable than via southern ports such as Koper, Genoa and Constanta despite their shorter transit times to Asia, Panteia, a consultancy said.

The northern ports will become even more competitive as Europe seeks to reduce the environmental impact of supply chains, according to the report commissioned by the Rotterdam Port Authority and Deltalinqs, a Dutch industry association.

“The Northern European ports perform well because many large container vessels call here and much of the hinterland transport is done by inland shipping and rail. This provides for a relatively small ecological footprint” said Allard Castelein, chief executive officer of the Rotterdam Port Authority.

“The report also shows that further improvement is possible, especially by using LNG (liquefied natural gas) as a transport fuel and making logistics more efficient through IT. These are two important challenges for the coming years.”

Mega-ships with capacities of up to 20,000 twenty-foot-equivalent units, which have much lower carbon dioxide emissions per container than 10,000 TEU ships, call more frequently at northern hubs than at the smaller southern European ports “because more goods are shipped to and from this densely populated region.”

The report concludes that imposing a Sulphur Emission Control Area, currently restricted to the North Sea, the English Channel and the Baltic Sea, to the Mediterranean will not impact the market share of European ports.

The major shippers and logistics firms interviewed by Panteia said price was the most important factor in choosing ports followed by service and reliability, with sustainability not seen as an important criterion.
“Sustainability is a deal maker, but not a deal breaker, yet,” the Rotterdam Port Authority said.
The Panteia report contrasts with the findings of a recent study by Drewry Supply Chain Advisors that said the traditional gateway ports in Northwest Europe no longer hold all of the trump cards on the Asian container trades.  

The cheapest option to ship a container from China to southern Germany was via Rotterdam and Hamburg, but only by a margin of $150 and $100, respectively, against Koper in Slovenia, which has a three-day transit time advantage.

“As such we believe Shanghai-to-Munich via Koper is a true Best-Route contender for shippers with time sensitive cargoes,” Drewry said.

Southern European ports will also become more attractive as freight rates to the Mediterranean, which have traditionally been higher than those to northern Europe, have recently become cheaper than those on the longer haul.

South European intermodal operators are also developing “exciting and competitive” concepts that will be boosted when the trans-Alpine Gotthard rail tunnel opens in June.

“More shippers will look to route via southern gateway ports as the maritime price differential equalizes and intermodal connectivity improves,” Drewry said.

While Rotterdam, Europe’s top container hub, is bullish about its ability to see off the challenge from upcoming southern European ports, other northern gateways are less confident of maintaining their market share.

Antwerp recently urged Rotterdam, its closest rival, to join forces to meet the challenge of China’s growing investment in the southern European waterfront that could lure container traffic from the Le Havre-Hamburg range.

The two ports could build joint storage facilities for Asian cargo bound for central and Eastern Europe, the Belgian port’s CEO Eddy Bruyninckx suggested. “We each play our part, but it would be wise to join forces to ship goods to Poland, the Czech Republic and Hungary,” he told Dutch newspaper Financieelle Dagblad.
“China wants to lessen its dependence on northern European ports,” Frans Paul van der Pullen, an analyst at the Clingendeal Institute, told the paper.

“China will eventually be able to ship products to central Europe more quickly via southern ports than through Rotterdam or Antwerp.”




11/24/12

Shipping: As Panama Canal expands, Latin America rushes to be ready - by Jim Wyss, Jacqualine Charles, and Mimmi Whitefield

Standing atop a hulking crane at this country’s largest Pacific port, Alejandro Echeverri pointed out scurrying workers below reinforcing pylons, preparing the ground for an extended pier and tending to a dredging boat that has been deepening the harbor.

As the planning director for the Buenaventura Regional Port Authority, Echeverri says his job is to be a “futurologist” and try to stay ahead of the industry. Right now, the industry’s future is high stakes and under the sway of a singular event: the expansion of the Panama Canal, which will make the ships that straddle the seas larger and heavier than these ports have ever seen.

The industry “doesn’t care what ports need to do to be ready or what it costs,” Echeverri said. “If you’re not ready, they’ll simply take you off their route.”

Ports throughout the Americas and the Caribbean are rushing to be ready for the post-Panamax future. Currently, the Panama Canal can handle ships 965 feet long that need a depth of 39.5, a size known as Panamax. Once the expansion is complete in 2015, the canal will be able to accommodate ships 1,200 feet long with a 50-foot draft — and shippers are already building to those dimensions.

Read more: BUENAVENTURA, Colombia: As Panama Canal expands, Latin America rushes to be ready - Americas - MiamiHerald.com

7/5/12

German BASF continues to invest in Flanders, Belgium

German chemical concern BASF has announced its intention to invest between EUR 150 and 200 million in its subsidiary in Antwerp (Flanders) in 2012. The company board called the site one of the cornerstones of the group.

The lofty words and promised investments are indicative of the confidence BASF’s has in its facilities in Antwerp (Flanders). Wouter De Geest, CEO of BASF Antwerp, explains: “We have a very strong strategic position in the group. BASF Antwerp is more stable than ever. We keep receiving replacement investments, which include modernizations and limited expansions.” In 2012, the group also wants to employ at least 250 extra people – the same amount as last year.

In 2011, BASF Antwerp posted a 15 per cent increase in revenue for FY 2011 2011, bringing total turnover to EUR 7 billion. This makes it the second largest company in the region – after ExxonMobil. BASFs profit in Antwerp grew by no less than 41 per cent last year, totaling EUR 897 million. In Antwerp, BASF has about 50 production units and 3,300 employees.

 EU-Digest

6/6/12

The Netherlands: Rotterdam Port expansion granted €900 million EIB loan

The Port of Rotterdam Authority has announced that it has secured a €900 million ( US $ 1.13 Billion) loan from the European Investment Bank (EIB) to finance the future expansion of the port. The 30-year loan will be used in part to help in the funding of the port’s €3 billion land reclamation project, Maasvlakte II.

Maasvlakte II will expand Europe’s largest container port by a further 2,000 hectares to a total of 12,000 hectares.  “The volume of this  €900 million EIB loan together with its very long duration makes it the cornerstone of our investment financing,” said Port of Rotterdam CFO Paul Smits.

Funding agreements for the flagship infrastructure initiative were signed by European Investment Bank President Werner Hoyer and Port of Rotterdam Authority CEO Hans Smits and CFO Paul Smits during a visit to the Netherlands. “The European Investment Bank is pleased to have worked closely with the Port of Rotterdam Authority over many years to ensure that expanded port facilities provided by Maasvlakte 2 can benefit economic activity in both the Netherlands and elsewhere in north-western Europe.”

DP World and APM Terminals will both operate new container facilities Maasvlakte 2, with both terminals scheduled to begin operations in 2014.

Read More: Rotterdam Port expansion granted €900 million EIB loan