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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

Greece has received three bids on Port of Thessaloniki

Then.jpg Ports:

Three offers have been submitted for the Port of Thessaloniki in Greece. DP World is among the bidders for the controlling stake in the port, which will be privatized as part of the Greek debt agreement.

U.S. longshoremen earn three times average national wage

Ports:

The unionized American longshoremen earn significantly more than the average worker in the U.S., writes SeaIntel in an analysis.

Major Asian port hub sees volumes slip big-time

Ports:

Tanjung Pelepas, one of the key hubs of the container industry in Southeast Asia, lost close to 10 percent of its combined container volumes in 2016, according to numbers gathered by Alphaliner.

These Asian ports are vying for P3's favor

Ports:

If the new P3 alliance is approved by the authorities, another competition will begin - the fight to become the alliance's favored port in Southeast Asia. ShippingWatch introduces the competing ports.

This is how APM Terminals and Maersk Line will join forces

Ports:

CEO Morten Engelstoft has already kicked off the work to bring APM Terminals and Maersk Line closer together. In an interview with ShippingWatch, he outlines three concrete points on which the two companies will help each other.

APM Terminals sues former owner of TCB

Ports:

APM Terminals has filed a lawsuit against the Spanish businessman and former owner of Grup Maritim TCB, Ángel Pérez Maura. The company is seeking compensation after becoming entangled in a Guatemalan corruption case. Maura also sued APM Terminals.

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Chairman: Maersk has developed 15 digital prototypes

michaelpram.jpg Container:

Maersk has developed 15 digital prototypes, says Maersk's departing chairman Michael Pram Rasmussen at the Maersk General Assembly in Copenhagen on Tuesday. He also expresses "pride" at the work being done by Maersk at shipbreaking facilities in India.

Hapag-Lloyd: Aggressive Maersk Line conquered market shares

Container:

It was an aggressive Maersk Line which conquered nine percent of the global container market in 2016, says Hapag-Lloyd CEO Rolf Habben Jansen, who now risks losing longtime cooperation agreements with "neighbor carrier" Hamburg Süd to Maersk Line.

Lauritzen's head of dry cargo steps down

Bulk:

J. Lauritzens' head of dry cargo, Peter Borup, has stepped down from the carrier "following mutual agreement." The carrier is currently struggling to settle a refinancing agreement. The head of Lauritzen's gas vessels will serve as interim head of dry cargo.

Fredriksen offloads DHT shares following failed offer

Tanker:

John Fredriksen and his tanker carrier Frontline are offloading shares in DHT Holdings. The sale comes after Frontline's attempts to buy the competitor failed last week, as DHT made a deal with BW Group instead.

OW Bunker's former CEO has passed away

Carriers:

Jim Pedersen has passed away after a long period of illness, confirms his lawyer.

HMM: Not difficult to become world's 5th-largest container carrier

Container:

Hyundai Merchant Marine, currently ranked 13th among the world's largest container carriers, says that it would not be difficult to reach 5th place in the foreseeable future, reports Korea Times.

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