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APM Terminals Poti formally restarts port expansion permit process

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APM Terminals Poti formally restarts port expansion permit process. Image: APM Terminals
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APM Terminals submitted application to the Technical and Construction Supervision Agency to obtain the permit for land usage for construction of the new deep-water port in Poti. This is initial stage of the three-stage formal procedure for construction permit issuance.

As APM Terminals has clearly stated in recent discussions with the Government of Georgia, the company is fully committed to expand Poti Sea Port to provide Georgia with a modern gateway that will serve vessels of the Panamax class and greatly contribute to the country’s economy by increasing capacity of the logistic corridor.

“By submitting our land usage applications, we once again emphasize our readiness to proceed. It is imperative that we get it expedited in order to have the go-live in Q2 2022 as planned. Our sincerest hope that this application will be looked upon favourably and that in the nearest future we can commence with our $250m of foreign direct investment and deploy our leading global expertise to build and successfully operate much needed deep-water port in Georgia” said Keld Mosgaard Christensen, Managing Director of APM Terminals Poti.

Container Terminal

CSP Abu Dhabi Terminal launches new direct services to Europe and Indian Subcontinent

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CSP Abu Dhabi Terminal launches new direct services to Europe and Indian Subcontinent. Image: Abu Dhabi Terminal
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CSP Abu Dhabi Terminal, the first overseas greenfield project of COSCO SHIPPING Ports Limited, has announced the start of a direct, weekly service to several ports across Europe and the Indian Subcontinent.

Operating from Abu Dhabi Ports’ flagship deep-water port, Khalifa Port, where the terminal was established as part of a 35-year agreement with CSP, and serving as a regional base for COSCO SHIPPING Ports’ global network of 37 ports, the new direct service will be served by a fleet of eight vessels on rotation, ranging in capacity between 10,000 to 13,000 TEU.

Direct exports from Abu Dhabi to the ports of Rotterdam, Hamburg, London, Antwerp, and Le Havre, will consist primarily of polymers while returning vessels will carry a mix of general and project cargo imports. The ports of Karachi, Nhava Sheva, and Mundra will also benefit from the new service.

Naser Al Busaeedi, Deputy CEO, CSP Abu Dhabi Terminal, said: “More than a year on since CSP Abu Dhabi Terminal officially launched, we are now well-positioned to bring our direct service offering to a global audience.

“Our new services will significantly increase the movement of cargo exports and imports between Abu Dhabi, Europe and India, providing our customers with solutions to tackle their international shipment needs, as well as the opportunity to target new markets.”

Mohamed Eidha Tannaf Al Menhali, Acting Director, Khalifa Port, said: “This new dedicated service marks an important strategic step in Abu Dhabi Ports’ vision to transform Khalifa Port’s end-to-end logistics capability.

“The ability to connect with some of the world’s most important maritime hubs in Europe and the Northwest Indian Subcontinent will enhance Abu Dhabi’s reputation as a leading facilitator and enabler of global trade in the 21st century.

“Not only does this announcement bolster our existing partnership with COSCO SHIPPING Ports Limited, but it also ensures our other customers will be well positioned to broaden their horizons by engaging with new trading and logistics opportunities all around the world.”

Since its inception, CSP Abu Dhabi Terminal has facilitated the local manufacturing, warehousing, and logistics sectors to not only flourish within the emirate of Abu Dhabi, but to also expand their reach across markets in the Middle East, Africa, and beyond.

The direct services are expected to lend additional support to customers across the region and clients of the Khalifa Industrial Zone Abu Dhabi, providing faster transit and competitive rates for their import and export activities.

With expectations that the new offering will increase CSP Abu Dhabi Terminal’s weekly handling of cargo, the development is also expected to help add more feeder services from CSP Abu Dhabi Terminal.

In April 2020, on the passing of the first anniversary of its soft launch, CSP Abu Dhabi Terminal’s AED 1.1 billion deep-water semi-automated container terminal marked several milestones including the handling of over 540,000 TEU.

The close of April also saw the terminal achieve more than 1 million hours without lost-injury time, a feat that was realised thanks to CSP’s adoption of several global HSSE best practises including strong compliance with health and safety protocols within the working environment, and a drive to continuously improve safety performance across the entirety of the organisation.

Forging ahead, CSP Abu Dhabi Terminal will continue to monitor the performance of its direct service to Europe, along with other service patterns, and based on market conditions and business requirements, adjustments to vessel deployment, port calls, and even the launch of other regional services will be considered.

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HMM joins forces with CMA CGM on TTI Algeciras operation

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HMM joins forces with CMA CGM on TTI Algeciras operation. Image: HMM
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HMM announced that the company has signed a sales and purchase agreement with CMA CGM for the sale of its 50% stake minus one share in Total Terminal International Algeciras, a container terminal in the south of Spain.

Shares of TTI Algeciras are owned by HMM and HT Algeciras which is a special purpose company wholly controlled by HMM. HMM directly owns a stake of 50% minus one share, with the remaining 50% stake plus one share held by HT Algeciras.

HMM has decided to sell its own 50% stake minus one share but still maintains its position as the largest shareholder through HT Algeciras.

The financial details including the price of the deal were not disclosed.

HMM expects a great synergy effect based on strategic cooperation with CMA CGM in terms of enhancing profitability and operational capabilities by securing additional cargoes.

HMM official said, “TTI Algeciras has a great geographical advantage to play an integral role as a transshipment hub located at the centre of containerised cargo flow on main trade lanes. We believe TTI Algeciras will take centre stage in the Gibraltar area as it has a high potential for future growth and development. We are expecting more business opportunities in the years to come based on stable operations of the terminal.”

This transaction, subject to regulatory approval, is expected to be completed in Q4 2020 for joint operations to be started.

Meanwhile, TTI Algeciras was formerly operated by Hanjin Shipping but HMM acquired a 100% stake in the terminal in 2017.

HMM joins forces with CMA CGM on TTI Algeciras operation

HMM joins forces with CMA CGM on TTI Algeciras operation. Image: HMM

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Container Terminal

Eco-friendly intermodal solution connects Spain, UK and Ireland

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Eco-friendly intermodal solution connects Spain, UK and Ireland. Image: APM Terminals
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Together with Containerships (CMA-CGM group), APM Terminals Gijon has formed an eco-friendly logistic chain connecting major Spanish cities to the UK and Ireland. The solution uses block trains, LNG vessels and bio-fuel trucks for unbeatable eco-friendly credentials.

Block trains connect APM Terminals Gijon with Seville, Murcia, Valencia, Barcelona, Zaragoza, Madrid and Burgos up to twice a week. Scheduled to arrive at APM Terminals Gijon in time for a Friday departure, the vessel will arrive in Liverpool, UK on Monday and Dublin, Ireland on Tuesday. The service is suitable for all types of containerized cargo, including hazardous cargo.

Located on Spain’s northern coast, APM Terminals Gijon is ideally placed for the UK. “In addition to the clear environmental benefits offered by this service, customers can also cut the time to UK and Irish markets from Spain, compared to shipments made from other Spanish ports,” says Terminal Manager, Miguel Ruiz.

Each block train has a 52 TEU capacity and the potential to remove up to 26 trucks from the road. As well as reducing traffic congestion, the diesel locomotives used for this block train service are, according to statistics published by the Association of American Railroads, estimated to be three to four times more fuel efficient than diesel trucks and lower greenhouse gas emissions by up to 75% compared to trucks.

APM Terminals Gijon is equipped with a 450m on dock track for fast and efficient loading and a separate rail yard with two 350m tracks for optimum flexibility. In the future, the service has the capacity to scale up to a daily service for the cities currently served.

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