• 2020 March 4 18:07

    Moin Container Terminal completes its first year of operations

    The Moín Container Terminal (MCT), operated by APM Terminals, completed its first year of operations on February 28, the company said in its release. During the year the terminal serviced more than 1,100 ships, around 1.2 million TEUs and achieved important improvements in productivity, sustainability and the training of 1,000 employees from the province of Limón.

    “During this time, we’ve reached very important milestones, such as the opening of new direct trade routes, increased port efficiency, the steady improvement of direct services from Limón to China and the attraction of ships with greater capacity,” highlighted Hartmut Goeritz, Managing Director of APM Terminals Moín. “This was all made possible by the execution of our implementation plan and the efforts of all of our employees”

    During its first year of operations, APM Terminals Moin has become one of the most productive terminals in Latin America, with performance is comparable to or even better than ports in Europe and the United States. The company has reduced berthing time from 30 hours to just 10, with no waiting times in bay. On average, the Terminal performs 26 moves-per-hour per crane, results that surpass other terminals in Latin America with similar infrastructure and more years of experience.

    Increased productivity has not come at the cost of safety. APM Terminals Moín works with a safety program focused on the top five causes of incidents in the port industry: transportation, working at heights, suspended loads & lifting, stored energy and control of contractors, to maintain an outstanding track-record in this area.

    Furthermore, the company is focused on maximizing the use of its artificial island and support infrastructure, to provide other added value services, which will provide significant savings in the cost of transport and logistics.

    The artificial Island that the company built in the Caribbean, with an investment of a billion dollars, was the biggest and most important infrastructure project in the country’s history.

    The next phase of expansion will commence when the MCT reaches an annual volume of 1.5 million TEUs. This is projected to be achieved within a period of 4 to 6 years, as determined by the market.

    “APM Terminals is committed to Costa Rica and Latin America because they believe in the value of their location as a strategic point for the import and export of products, such as pineapples, where Costa Rica is a world leader. But, without the expansion of highway 32 and the consequent connections with Panama and Nicaragua, the Terminal alone will not be able to offer all the benefits that the country laid out in their master plan to become a logistical Hub,” added Leo Huisman, Head of Latin America Portfolio.

    The MCT has generated 1,000 new jobs, with more than 95% of these employees from the province of Limón. This has provided great stability for the company, as the majority have remained working with them from the start.

    As of January of 2020, APM Terminals has provided $16 million dollars as part of the Canon concession fee to Japdeva for the implementation of development projects in the province.

    The company’s social responsibility program called The Caribbean Can!, has worked on several projects with the local police (Fuerza Pública), the Ministry of Education (MEP), Earth University, the Food Bank, and others.

    Initiatives include working with the Tropical Scientific Center and the Local Police to protect Baula Turtles. So far, it has succeeded in liberating more than 50,000 turtles, beating the regional records. Another intiative, is the One Laptop per Kid program with the School of Moin and the Ministry of Education, which has given each student the opportunity to work with a portable computer device. Closer to home, the company has developed a program called I’m APM, which aims to improve the quality of life for employees.




2024 April 20

15:02 European ports contend with slow economic growth, geopolitical impact
13:43 AD Ports Group signs strategic agreement with ADNOC distribution for marine lubricants supply
12:17 Stena Bulk completes sale of Stena Blue Sky
10:05 Newbuild ocean tug bolsters growing LNG bunker fleet

2024 April 19

18:02 CMA CGM to strengthen and reshuffle its SEAS1 & SEAS2 services connecting Asia and East Coast South America
17:25 OOCL upgrades Transpacific Latin Atlantic 1/ 2 (TLA1/ 2) service
16:45 The world's two largest hydrogen ships are to be built in Norway
16:15 KEYS Azalea completes first ship-to-ship LNG bunkering in Western Japan
15:40 Port Houston surpasses 1mln TEU mark in Q1 2024
15:29 World's first ammonia dual-fuel Aframaxes to be developed by MISC
14:55 Port of Rotterdam total cargo throughput up 2.0% to 3.3 million TEUs in Q1 2024
14:06 DNV awards certificates for Fortescue’s dual-fuelled ammonia-powered vessel
13:44 Imoto Lines and Marindows launch next-generation zero-emission container ship project
12:41 The Port of Los Angeles and the Port of Long Beach complete a comprehensive Green and Digital Shipping Corridor study
12:20 Ulsan Port Authority signs MOU with Pacific Environment to decarbonize shipping ports in Singapore
11:50 Cavotec signs USD 5 million shore power order with global shipping company
11:22 Rio Tinto selects Alfa Laval OceanGlide fluidic air lubrication with a focus on advancing efficient shipping and reducing emissions
10:45 Steerprop selected to supply main propulsion and tunnel thrusters for Canadian Coast Guard multi-purpose vessels program
10:14 ST Engineering AirX and Bureau Veritas sign cooperation agreement to advance Wing-in-Ground technology
09:38 Solar panels at the Port of Valencia will generate 22% of the energy it consumes

2024 April 18

18:02 DEME wins cable installation contracts from Prysmian for IJmuiden Ver Alpha and Nederwiek 1 offshore grid systems
17:31 RINA awarded contract for Carnival Cruise Line 4th and 5th Excel-class ships
17:18 Cepsa and Evos join up for green methanol storage in Spain and the Netherlands
16:48 ClassNK commences joint research project with JAXA on material compatibility evaluation methods for liquefied oxygen
16:24 Panama Canal announces new measures regarding number of transits and maximum draft
15:50 Kongsberg Maritime secures contract to supply propeller systems to Damen Naval for four Anti-Submarine Warfare frigates
15:24 LR to class Torghatten Nord’s hydrogen-powered ferry duo for Arctic sailings
14:04 CMA CGM sells part of the foreign activities of Bolloré Logistics to the Balguerie Group
13:40 Methanol Institute and SEA-LNG unite against EU trade barriers to biomethane and biomethanol fuels
13:23 DP World launches a new Air Tracking feature to its SeaRates platform
12:31 Port of Los Angeles container volume increases 19% to 743,417 TEU in March 2024
12:16 MABUX: Bunker Outlook, Week 16, 2024
12:11 Coastal Sustainability Alliance boosts development and adoption of maritime biofuel in Singapore
11:43 Ocean Network Express launches reduced emissions shipping service
11:23 Wartsila cargo handling and fuel gas supply systems selected for three new Very Large Ethane Gas Carriers
10:45 Singapore plans production of biofuel blends up to B50 in grade
10:25 Maritime and Port Authority of Singapore and International Energy Agency сollaborate on maritime energy transition

2024 April 17

18:03 Australia and Singapore partner in a $20 million initiative to help reduce emissions in the maritime sector
17:38 EPS strengthens green collaboration with MPA with six Singapore-registered ammonia dual-fuel newbuilds
17:03 HD Hyundai, Scottish firms to cooperate on offshore wind power
16:16 Hanwha Ocean wins 176.4 bln-won order for 1 LPG carrier
15:46 Maritime Book and Claim System advances pilot study to support first movers in zero-emissions shipping
15:00 Port of Antwerp-Bruges cargo volumes up 2.4% to 70.4 million tonnes in Q1 2023
14:47 DOF Rederi AS sells PSV Skandi Gamma
14:24 PIL, CCS partner on alternative fuels and onboard carbon capture and storage
13:44 Total volume of bunker fuel sales at the port of Fujairah increases by 25.2% to 700,918 m3 in March 2023
12:11 Eureka Shipping announces construction of new cement carrier for Great Lakes trade
11:32 MOL to adopt new system to increase capacity and improve operational efficiency of car carriers
11:12 GTT receives an order for the tank design of eight new LNG carriers
10:43 Thailand's Department of Marine and Coastal Resources takes delivery of a new research vessel
10:27 The United States exported a record volume of natural gas in 2023
09:58 TECO 2030 raises NOK 43 million and partners up with Advait in India

2024 April 16

18:04 HD KSOE attains 73% of annual order target in 100 days
17:31 Anglo-Eastern buys Euronav ship manager
17:06 Navig8 takes delivery of the second of six newbuild MRs with emission reducing technology
16:38 IMO’s Facilitation Committee tackles digitalization and autonomous shipping
16:12 World’s largest car carriers ordered with MAN Energy Solutions propulsion package
15:46 Hapag-Lloyd and Seaspan to retrofit five vessels to methanol propulsion
14:13 Asyad Shipping and OQ8 successfully complete first-of-its-kind blended crude oil delivery from Mina Al Fahal to Duqm Refinery
13:54 Hapag-Lloyd unveils its new Strategy 2030
13:14 Singapore aims for over 1 mln tons of low-carbon methanol bunker supply by 2030
12:43 Trafigura to commercially deploy Daphne Technology’s PureMetrics on LNG carrier for precise MRV and optimisation of GHG emissions
12:15 All 12 people rescued from fire on board Tanzanian-flagged cargo ship in Singapore waters
11:49 Drydocks World steel cutting ceremony marks start of UK Norfolk Vanguard Offshore Wind Platforms project
11:23 North Pacific Green Corridor Consortium aims to decarbonize transportation corridor between Canada, Japan and South Korea
10:48 Wartsila offers new high-performance thruster and propulsion control solution package
10:25 Port of Long Beach container volume up 8.3% to 654,082 TEUs in March 2024
09:58 Kalypso Offshore Energy signs LOI with Royal IHC

2024 April 15

18:04 Container shipping costs of S. Korea-EU route surge 40 pct amid Red Sea crisis
17:21 HMM to expand container ship fleet by 2030