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Who will win the race to become West Africa's key port?

Ports:

Large container vessels are pressuring the entire container network, and West African ports will have to invest heavily in expansion to keep up, writes SeaIntel. Find out which ports are leading the race to become West Africa's commercial hub.


BY KATRINE GRØNVALD RAUN
Published 23.11.15 at 14:51

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Most read Ports

Gothenburg port conflict could lead to bankruptcies

gbghamn-heli16_41a1726.jpg Ports:

The year-long conflict in the port of Gothenburg involving APM Terminals has proved expensive for Swedish industry. Swedish chamber of commerce projects that the conflict could trigger bankruptcies, according to newspaper Dagens Nyheter.

Alphaliner: APM Terminals could be leaving India

Ports:

An Indian newspaper reports that APM Terminals is preparing to sell its large stake in port Gateway Terminals India. If the sale happens, it could indicate that APM Terminals is on track to leave India entirely, writes Alphaliner in an analysis.

Port of Hamburg maintains growth despite fierce competition

Ports:

Growth in the Port of Hamburg reached the same level as last year. Stable result in a challenging market and better than other German ports, says Axel Mattern, CEO of Port of Hamburg Marketing.

Union: APM Terminals rejects new proposed Gothenburg resolution

Ports:

A proposal to mediate a deal from the union that organizes a majority of the employees at APM Terminals in Gothenburg failed to deliver a resolution to the protracted conflict.

DP World: Alliances have surprised the industry

Ports:

Large vessels and alliances have changed the scenario for terminal companies radically. Dubai-based DP World, citing two factors, believes that the company is in a strong position compared to competitors, says Flemming Dalgaard, Senior Vice President, Global Strategy of the company to ShippingWatch.

APM Terminals must pay again for Guatemalan port

Ports:

Although APM Terminals has already paid once for Guatemala's important Terminal de Contenedores Quetzal, the Maersk-owned port operator has accepted to pay an additional sum of money in the wake of the ongoing bribery case.

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CEO has leaned down J. Lauritzen for tough years

Mads Zacho 4.jpg Bulk:

CEO Mads P. Zacho has reduced expenses at J. Lauritzen in order to prepare the carrier for a protracted downturn on the dry bulk market. There is no need for more major cost cutting, he tells ShippingWatch.

Hafnia Tankers books deficit for Q2

Tanker:

Hafnia Tankers' bottom line went negative in the second quarter, as the market remains characterized by an oversupply of vessels and full oil deposits.

DFDS Executive VP: I've sometimes listened a bit too much

Carriers:

Is it possible to listen too much when collaborating? Yes, at times, says Executive VP Peder Gellert Pedersen of DFDS. For instance in the executive group. "I've been too attentive rather than forcing decisions through," he says in ShippingWatch's series on leadership.

Pacific Basin looking at new asset acquisition opportunities

Bulk:

Among the dry bulk carriers, Pacific Basin is one of the few players so confident in the market that it has performed a significant fleet expansion. And more could be underway. ShippingWatch has interviewed CEO Mats Berglund about where the optimism comes from.

Gothenburg port conflict could lead to bankruptcies

Ports:

The year-long conflict in the port of Gothenburg involving APM Terminals has proved expensive for Swedish industry. Swedish chamber of commerce projects that the conflict could trigger bankruptcies, according to newspaper Dagens Nyheter.

South Korean shipbuilders beat China in orders

Suppliers:

Shipyards in South Korea have surpassed China again in terms of receiving the most orders for new ships and platforms. The major South Korean yards have been in the doldrums in recent years, but 2017 has been positive so far.

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