• 2016 August 1 13:53

    DP World wins lease agreement for Rodney Container Terminal in Saint John, Canada

    DP World says it has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada.

    The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port Authority on a planned expansion programme expected to be completed in 2021, with the lease continuing for 30 years after.

    The Rodney Container Terminal is a multi-purpose terminal handling container traffic in Saint John, the only Atlantic Canada port that is served by the country’s Class I railways, Canada National Railway (CN) and Canada Pacific Railway (CP) and is CP’s only Atlantic gateway port. The lease will follow the Port Authority’s completion of the expansion works, which will create a 350 metre deep-water berth, an enhanced stacking area and a 12,000 foot intermodal rail yard capable of handling a full train.

    Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “We are delighted to further extend our presence in Canada to the Port of Saint John, New Brunswick. We believe that the future growth prospects for the port are strong and we are excited to be participating with Saint John Port Authority in their expansion plans. Our investments and commitment to Canada are for the long term, contributing to trade and the development of its national and local economies as well as providing employment for people with a leader of world trade. Our international experience and expertise will be further enhanced with this project.”

    Jim Quinn, CEO, Saint John Port Authority, said: “We are delighted to welcome DP World as the new operator of Rodney Container Terminal and to share in the expansion project for the terminal. The commitments that DP World has made to invest in equipment and systems, commercial promotion and sustainability are critical for the long-term success of the project.”

    DP World is already a major investor in Canada operating the CENTERM terminal in Vancouver, the Fairview Terminal in Prince Rupert and the Duke Point Terminal in Nanaimo. Its entry into Saint John will focus on Canada’s trade with Europe and Latin America increasing sector competition in eastern Canada.

    DP World’s involvement in Saint John is expected to bring significant benefits to importers and exporters in New Brunswick and the Maritimes, a region of Canada that also includes other Atlantic provinces Prince Edward Island, Nova Scotia and Newfoundland, through:

       ·Immediate investment in modern container handling equipment capable of serving post-panamax container vessels

       ·Additional gantry cranes and container handling equipment in line with the Port Authority’s expansion works programme

       ·DP World’s strong relationships with global ocean carriers and both Canadian Class I railways, CN and CP

       ·Access to DP World’s world class productivity in container terminal development and operation

       ·Access to DP World’s state-of-the-art supply chain security and safety practices

       ·Enhanced competition through the entrant of a new terminal operator in the region

       ·The transaction is not subject to any pre-closing Canadian regulatory approvals.




2018 January 22

18:10 Throughput of port Vysotsk up 3% to 17.55 mln t in 2017
17:53 Myanmar accedes to treaty covering bunker oil pollution damage
17:35 Hutchison Ports Thailand receives world’s largest quay cranes with advanced remote control technology at Laem Chabang Port
17:19 Port of Tallinn announces auction for equipment and structures of coal terminal in Muuga Harbor
17:05 ESPO supports more efficient but responsible management of waste from ships
16:50 Throughput of port Primorsk in 2017 down 11% Y-o-Y to 57.60 mln t
16:35 DP World and National Investment and Infrastructure Fund (Niif) Partner to create platform for investments in ports, transportation and logistics sector
16:21 Rosmorport’s icebreakers assisted 269 vessels at seaports of Russia this winter navigation season
16:05 Port of Rotterdam Authority puts hybrid vessel into operation
16:00 Throughput of port Ust-Luga up 11% to 103.29 mln t in 2017
15:34 Maritime engineering firm Intermarine UK opens new facility at Portland Port, Dorset
15:08 Boskalis supports V Forum of Dredging Companies as its Sponsor
15:04 CMA CGM announces FAK rates from Gulf ports to North Europe and the Mediterranean
14:47 Damen signs contract with Canada’s Group Ocean for two Modular Multi Cats
14:26 Throughput of Big Port St. Petersburg up 10% to 53.64 mln t in 2017
13:59 Four vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on Jan 21-22
13:35 Average wholesale prices for М-100 HFO down to RUB 12,946 in RF spot market
13:12 Freight turnover of Neva-Metal (Saint-Petersburg) in 2017 was flat Y-o-Y at 3.1 mln t
12:47 Kalinka Shipping congratulates North-Western Shipping Company on its 95th anniversary!
12:24 Baltic Dry Index up to 1,125 points
12:00 “K” Line announces delivery of 14000-TEU containership “MILANO BRIDGE”
11:36 Okskaya shipyard lays down the fourth oil barge of Project ROB20 for Paula Rise (photo)
11:13 Cargo traffic on Russia’s IWW in 2017 up 0.5% Y-o-Y to 118.6 mln t (photo)
11:00 “K” Line announces delivery of ‘Corona’ Series coal carrier “CORONA WISDOM”
10:25 Brent Crude futures price up 0.29% to $68.81, Light Sweet Crude – up 0.22% to $63.45
10:11 Suez Canal revenues up with a rate of 250 million dollars
10:02 Container throughput of port Hong Kong (China) up 4.8% to 20.75 mln TEUs in 2017
09:40 Bunker sales at the port of Singapore in 2017 up 4.1% Y-o-Y to 50.64 mln t (table)
09:19 Port of Singapore January-December volumes grow 5.5% to 626.17 million tonnes

2018 January 21

10:34 Piraeus Port Authority SA obtains Certificate for the Managing Adequacy System
10:31 CMA CGM increases Ocean Carrier ISPS Surcharge by USD 13 per container for all trades

2018 January 20

10:28 Sanmar's tug arrives in Naples to enter service with Rimochitori Napolitani
09:55 World’s second largest ship registry prepares for continued success in 2018
07:43 Golden Ocean announces issuance of new shares in connection with delivery of vessel
06:41 Cheniere and Trafigura sign 15-year LNG sale and purchase agreement

2018 January 19

18:20 Name giving ceremony held in Novorossiysk for three Damen tugboats of Delo Service Company (photo)
18:06 British Ports Association responds to UK Government announcement on extra funding for border security in the Channel
17:56 ABP South Wales Ports see strong growth in 2017
17:33 Taganrog Commercial Seaport plans allocation of $4.2 mln for implementation of its 2018 development programme
17:06 BPO lunch debate in European Parliament
16:50 Nevsky Shipyard congratulates North-Western Shipping Company on its 95th anniversary!
16:32 LSC Shipmanagement increases its fleet with bitumen tanker
16:27 Azerbaijan Caspian Shipping Company undertakes measures to prevent environmental pollution
16:04 Rolls-Royce supplies MTU engines to equipment manufacturer Terex Cranes for two new Demag models
15:34 Northwest Seaport Alliance international container volumes up 4 percent in 2017
15:03 MSC adds new RO-RO service from NWC to West Africa
14:55 Russian Maritime Register of Shipping reviewes the Rules and Guidelines
14:33 “K” Line announces delivery of ‘Corona’ series coal carrier “CORONA WISDOM”
14:17 Jan De Nul supports V Forum of Dredging Companies as its Sponsor
14:03 Maersk Line announces FAK rates from Asia to West Coast of Central and South America, Mexico, Panama and Caribbean
13:32 Gulf Navigation adds “Gulf Mishref” and “Gulf Mirdif” to its fleet
13:16 CMA CGM announces THC in Kaliningrad, Russia
12:51 Second Vroon W2W vessel completes modifications and outfitting at Damen Shiprepair Oranjewerf
12:45 Port of Antwerp scores 5th record year in a row
12:14 NIBULON starts the second stage of the Southern Buh river dredging
11:51 Bunker prices show no significant changes at the port of Novorossiysk, Russia (graph)
11:28 Nine vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on Jan 18-19
11:03 Freeport of Riga Authority set to enter new markets in 2018
10:40 Russian seaports of the Azov Sea handled 87.8 mln t of cargo in 2017, up 24.7% Y-o-Y
10:17 Brent Crude futures price down 1.01% to $68.61, Light Sweet Crude – down 1.22% to $63.17