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Record April boosts Savannah’s containerized trade
Thursday, 21 June 2018 06:40

GPA on track for 4M-TEU year

The Port of Savannah moved 356,700 twenty-foot equivalent container units in April, an increase of 7.1 percent.

The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million twenty-foot equivalent container units, an increase of 8.8 percent (280,000 TEUs) compared to the first 10 months of FY2017.

"We're on track to move more than 300,000 TEUs in every month of the fiscal year, which will be a first for the Authority," said GPA Executive Director Griff Lynch. "We're also anticipating this to be the first fiscal year for the Port of Savannah to handle more than 4 million TEUs."

April volumes reached 356,700 twenty-foot equivalent container units, up 7.1 percent or 23,700 units. As the fastest growing containerport in the nation, the Port of Savannah has achieved a compound annual growth rate of more than 5 percent a year over the past decade.

"As reported in the recent economic impact study by UGA's Terry College of Business, trade through Georgia's deepwater ports translates into jobs, higher incomes and greater productivity," said GPA Board Chairman Jimmy Allgood. "In every region of Georgia, employers rely on the ports of Savannah and Brunswick to help them become more competitive on the global stage."

To strengthen the Port of Savannah's ability to support the state's future economic growth, the GPA Board approved $66 million in terminal upgrades, including $24 million for the purchase of 10 additional rubber-tired gantry cranes.

"The Authority is committed to building additional capacity ahead of demand to ensure the Port of Savannah remains a trusted link in the supply chain serving Georgia and the Southeast," Lynch said.

The crane purchase will bring the fleet at Garden City Terminal to 156 RTGs. The new cranes will support three new container rows, which the board approved in March. The additional container rows will increase annual capacity at the Port of Savannah by 150,000 TEUs. The RTGs will work over stacks that are five containers high and six deep, with a truck lane running alongside the stacks. Capable of running on electricity, the cranes will have a lift capacity of 50 metric tons. The cranes will arrive in two batches of five in the first and second quarters of calendar year 2019.

Also at Monday's meeting, the GPA Board elected its officers, with Jimmy Allgood  as chairman, Will McKnight taking the position of vice chairman, and Joel Wooten elected as the next secretary/treasurer.

Đặng Thị Kim Tuyến ( Jenny)

GPA Sales Representative, Vietnam.

WILHELMSEN SUNNYTRANS CO.,LTD.

R.1608-09, MapleTree Business Center

No. 1060, Nguyen Van Linh Street

Tan Phong Ward, District 7

Ho Chi Minh City, Vietnam

Tel: (84-28) 36207518 MB: + 84 909599078

Fax: (84-28) 36207519

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 
GPA works CMA CGM Roosevelt with seven cranes
Thursday, 21 June 2018 01:52

Harbor expansion receives full funding for year

Hopper dredge Padre Island as seen working in the Port of Savannah shipping channel earlier this year. The Savannah Harbor Expansion Project is on schedule for completion in late 2021.

Savannah, Ga. – June 14, 2018 – The Port of Savannah handled 3 million tons of cargo in May, an increase of 8.9 percent or 247,671 tons compared the same month a year ago. Total cargo crossing all terminals reached 3.22 million tons.

“Our May numbers reflect strong performances in breakbulk and containerized trade, showing growing global demand for both retail goods and manufacturing inputs,” said GPA Executive Director Griff Lynch.

Last month was GPA’s busiest May ever and the second busiest month in the Port of Savannah’s history, moving a total of 361,029 twenty-foot equivalent container units, an increase of 3.1 percent or 10,924 TEUs. For the fiscal year to date, the Port of Savannah has achieved an 8.3 percent surge in twenty-foot equivalent container units (290,422 TEUs) compared to the same period a year ago. Through May, the GPA has moved 3.8 million TEUs.

“The Georgia Ports Authority is on track to have the most successful year in its history, on a number of fronts,” said GPA Board Chairman Jimmy Allgood. “Record growth in trade, teamwork and a strong relationship with our local communities and elected officials have helped to put our ports over the top.”

Last month, Georgia Gov. Nathan Deal signed into law the state budget, which included $35 million for the Savannah Harbor Expansion Project. Then, earlier this week, the U.S. Army Corps of Engineers announced an additional $34.7 million within its annual work plan for the harbor deepening. That amount, combined with $50.06 million included in the federal budget for the current fiscal year, totals $84.76 million.

“Clearly, the leadership demonstrated by Gov. Deal, U.S. Sens. Johnny Isakson and David Perdue, Congressman Buddy Carter and our entire Washington delegation is the secret sauce that enabled Savannah to receive full funding,” Allgood said. “With Gov. Deal pushing in Georgia for full state funding, and our elected officials in Washington doing the same on the federal side, Savannah is on track to better serve larger, more efficient vessels, and in turn provide an annual savings of $283 million for business and, ultimately, consumers.”

At the Port of Brunswick, the Colonel’s Island auto port moved 53,638 units of cars, trucks and tractors in May, up 15 percent or nearly 7,000 units. Including Savannah’s Ocean Terminal, the GPA moved a total of 57,308 roll-on/roll-off units, for an increase of 8.8 percent compared to May 2017. In breakbulk cargo, including commodities such as paper and rubber, the GPA handled 258,377 tons of freight, an increase of 14.3 percent, or 32,269 tons.

“The impressive volumes we’ve been able to move would not have been possible without the strong partnership between the GPA and the members of the International Longshoremen’s Association,” said Lynch. “We would also like to acknowledge the excellent progress made in the master contract negotiations between our partners in the USMX and the ILA.”

Đặng Thị Kim Tuyến ( Jenny)

GPA Sales Representative, Vietnam.

WILHELMSEN SUNNYTRANS CO.,LTD.

R.1608-09, MapleTree Business Center

No. 1060, Nguyen Van Linh Street

Tan Phong Ward, District 7

Ho Chi Minh City, Vietnam

Tel: (84-28) 36207518 MB: + 84 909599078

Fax: (84-28) 36207519

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 
PIL Lines boosts Asia-ECSA service from a fortnightly to weekly service
Wednesday, 20 June 2018 02:59

SINGAPORE-BASED Pacific International Lines (PIL) has added capacity to the Asia-to-east coast of South America (ECSA) service - a decision that will turn its fledgling entry into that trade lane from a fortnightly to a weekly service.

Sources earlier said the carrier was preparing to add more tonnage as the freight rates on this trade lane had been "surprisingly strong," despite PIL's addition of five vessels back in April, according to IHS Media.

In addition, sources in Brazil have confirmed that PIL will launch in June a weekly service from Asia to the ECSA, on the back of rising freight rates and growing cargo volumes to/from both Argentina and Brazil, and due to a lack of space to handle that growth, particularly on the head-haul southbound lane. PIL will add 16,000 TEU of capacity, which will boost overall capacity on the trade lane to 360,000 TEU.

Dozens of shippers have complained for months about the trade lane's lack of space. It had 18 carriers squeezed into three joint services as late as 2016, in order to stop massive losses for ocean carriers, who were dealing with sub-US$600 per TEU rates on the headhaul China to Brazil for most of 2015.

After Hanjin Shipping's bankruptcy and demise, and other mergers, there were 15 carriers squeezed into just three strings prior to the PIL launch.

Shippers complained about inadequate space and the subsequent high freight rates. The rates have been among the highest in the world during the past year, at times exceeding $3,500 per FEU for the Shanghai to Santos trade. More recently, spot rates have moderated somewhat and now average about $2,200 to $2,500 per FEU for Shanghai to Santos.

One freight rate analyst said he didn't think that the addition of five more vessels, with an average of about 3,200 TEU (which is an additional 16,000 TEU for the trade lane) would add sufficient extra capacity to have a "dramatic effect on freight rates" from China to Brazil and Argentina.

"If you do the calculation and add that 16,000 TEU to the existing 360,000 TEU, you are only increasing the capacity by around 4.44 per cent," said Patrik Olstad Berglund, the CEO of Xeneta, the rate management platform. "I don't think that will be affecting the freight rates too much.

"However, if the carriers increase vessel size and another full service with vessels averaging 9,000 TEU starts up (which would be 10 x 9,000 for a weekly service) then that would be a different ball game. You have to keep reminding yourself though, that this is a volatile trade lane and things can change very rapidly."

A consultant who works for PIL confirmed that the first vessel - the 3,200-TEU Kota Machan - will launch the new weekly service and will call at Ningbo, Shekou, Singapore, Rio de Janeiro, Santos, Paranagua, Itapoa, Navegantes, Montevideo, and Buenos Aires. On the return leg back to Asia: Buenos Aires straight to Singapore, Hong Kong, then Shanghai (plus Santos on inducement).

"We are confident the demand is there and that a weekly service is what PIL's customers require," the consultant said.

The end of the line is Buenos Aires and the Kota Machan will arrive there on July 3.

PIL said a northbound call at the Port of Santos will be added "subject to inducement," but the signs coming from shippers and terminals in the Brazilian port city are that there will be at least two if not three successful "induced" calls per month.

"PIL is working hard to get the northbound Santos call as a fixed-day regular call," the PIL consultant said. "PIL has connections in Brazil for all over the world, and of course en route to Asia there are connections to east coast of Africa, the Middle East, and Arabian Gulf and we may look to add calls to South Africa in the future; we are studying this."

The Singapore-headquartered company added that the slots it currently takes out on the Multicarrier Loop 1 vessel-sharing agreement (VSA) operated by CMA CGM, Cosco, Evergreen, and Yang Ming would continue "until the end of July."

 
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