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Swissterminal and DP World enter strategic partnership

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Swissterminal and DP World enter strategic partnership. Image: DP World
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DP World and Swissterminal Holding AG, the leading container terminal operator in Switzerland, have entered a strategic partnership.

With effect from 20 January 2020, DP World has taken a stake of 44% in Swissterminal Holding AG with the Mayer family, who founded the business, remaining the majority shareholder. The parties have agreed not to disclose financial details of the transaction.

Swissterminal, which is headquartered in Frenkendorf close to Basel, operates additional locations in Zurich-Niederglatt, Basel-Birsfelden, Basel-Kleinhueningen and Liestal. The terminals are well connected to Europe’s leading container ports in Rotterdam and Antwerp as well as the ports of La Spezia, Genoa, Ravenna and Trieste south of the Alps.

DP World has grown from its roots in Jebel Ali Port in Dubai to be a leading global trade enabler offering end-to-end logistics to cargo owners through its network of 150 operations in more than 50 countries including ports, economic zones, warehousing, feeder services and inland transport.

Focusing on faster growing markets and key trade routes DP World is developing technology to remove inefficiencies in the supply chain. Through DP World Inland, the company is well established in the German and Belgian inland markets and operates four terminals including trimodal transport systems supporting trade flows to connect to the northern range seaports in Europe.

The Swissterminal and DP World partnership is expected to deliver a strong competitive advantage and enhance the industry-leading position of both companies. The cooperation is anticipated to expand the companies’ terminal networks, increase efficiency and grow their service portfolios. With the transaction, no major structural changes within the respective companies are planned, and Roman Mayer will continue to serve as Swissterminal’s CEO.

Dr Martin Neese, Managing Director of DP World Logistics, said: “We are excited to invest in an innovative container terminal operator with extensive industry know-how, committed employees and strong values. The strategic partnership with Swissterminal strengthens DP World’s position as a leading provider of inland supply chain solutions. Swissterminal is a perfect match to our existing inland and seaport operations in Europe. We look forward to developing new intermodal solutions together for the benefit of our customers”.

“We are delighted to welcome DP World as our partner, particularly at a time when we are seeing numerous opportunities for Switzerland to grow its success as a major global logistics hub,” said Roman Mayer, CEO Swissterminal AG.

“By merging our family-owned business with such a large, international organisation which shares our long-term vision, we will be well-equipped to deliver long-term sustainable growth and cater to a changing industry landscape”, he added.

Container Terminal

Konecranes wins order for 20 RTG cranes in Nigeria

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Konecranes wins order for 20 RTG cranes in Nigeria. Image: Wikimedia/ Media Club
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Konecranes has won an order for 20 RTG cranes from APMT’s West Africa Container Terminal in East Nigeria. The order was booked in two parts, the first in December 2019 and the second in January 2020. Delivery is scheduled for Q4 2020 – Q2 2021.

APMT’s West Africa Container Terminal (WACT) is located in Onne Port, part of the Onne Oil and Gas Free Zone in Nigeria. It was one of the first container terminals to be built in Nigeria under public/private ownership. It offers excellent hinterland connections to the rest of Nigeria. The WACT is upgrading its container handling operation from reach stackers to RTGs to achieve greater stacking density, throughput and productivity.

The Konecranes RTGs on order are diesel-driven, 16-wheel machines stacking 1-over-5 high and 7 containers + truck lane wide. They are equipped with Active Load Control, Auto-steering and Auto-TOS reporting.

Mohammed A. Ahmed, Managing Director of APMT Nigeria said: “As testament to APMT’s long-term commitment to East Nigeria, we have signed a contract with Konecranes for the delivery of 20 RTGs to Onne Port. This is part of our earlier announced expansion of the existing terminal capacity, a USD 100 million investment, that started last year and that will be fully in place shortly. The expansion plan will deliver sufficient capacity to meet the envisaged growth in East Nigeria for the next 15 years.”

Ville Hoppu, Sales Manager, Konecranes Port Solutions, said: “We’re very pleased to have received this order from APMT, one of the world’s leading container terminal operators and a long-time user of our RTG cranes. We have many customers on the west coast of Africa and Onne will be in good company.”

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WACT to commence Phase 2 Upgrade to meet growing volumes

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WACT to commence Phase 2 Upgrade to meet growing volumes. Image: APM Terminals
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The West Africa Container Terminal (WACT) is quickly earning a reputation as the gateway to Eastern Nigeria and a strong alternative to ports in Lagos. Investment in the Phase 2 upgrade, due to commence within the next 18 months, will help meet volumes, which have grown consistently over the past three years.

“The Phase 2 upgrade includes the acquisition of three additional Mobile Harbour Cranes (MHCs) bringing the total in operation to five; 20 Rubber Tyre Gantry Cranes (RTGs); three Reach Stackers; 13 terminal trucks and trailers and an empty container handler,” explained WACT’s Commercial Manager, Noah Sheriff.

“The upgrade will also include the installation of reefer racks with a 600-plug capacity, as well as a 13-hectare expansion and of our current yard, paving, a new workshop and a new terminal gate complex.”

The terminal is forecasting additional volume growth, as a growing number of shipping lines, importers and exporters develop confidence in WACT’s ability to handle their cargo. “Investment in Phase 2 will ensure that we are well prepared to handle this additional business in the future,” says Sheriff. “It will increase productivity and improve reliability of cargo delivery, whilst reducing port stays and vessel idle time. Together this will lead to greater customer satisfaction.”

High operational efficiency

In 2019, WACT spent USD14 million to acquire equipment including two Mobile Harbour Cranes, 14 specialized terminal trucks and two reach stackers. This first phase of investment last year resulted in high operational efficiency and set WACT apart from other ports in East Nigeria.

“Our vision is to make WACT the best performing container terminal in West Africa. We believe this vision can be achieved through active collaboration with the Government to reduce the security challenges faced by vessels in our waters, and improved road connectivity,” states WACT’s Managing Director, Aamir Mirza.

Gearless vessel handling

Since December 2019, WACT has been handling gearless vessels, which previously could only be handled at ports in Lagos. Several stakeholders have commended WACT for being proactive and for its long-term commitment to the Nigerian economy.

Talking frankly about WACT’s performance, Chief Gabriel Okonkwo, Chairman of the Association of Registered Freight Forwarders of Nigeria (AREFFN), Onne Port, said, “There has been a substantial increase in import volume and to measure up with that, they have acquired a lot of equipment to ease cargo clearance and we commend them for that because they are doing very well. They are keeping up with the demand, they can receive vessels, load and drop containers for examination, all at the same time.“

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DP World acquires Fraser Surrey Docks

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DP World acquires Fraser Surrey Docks. Image: DP World
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DP World, the leading enabler of global trade, and one of the world’s largest port operators, announced today it has completed the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners (MIP) alongside its partner Caisse de dépôt et placement du Québec (CDPQ).

This acquisition complements DP World’s footprint in Canada, which also includes terminal operations in Vancouver, Nanaimo, Prince Rupert and St. John’s. The integrated coast-to-coast platform provides customers with bulk, breakbulk and general cargo services.

DP World’s global strategy is to become a trade enabler and solutions provider as the company looks to participate across a wider part of the supply chain. DP World has invested significantly across its Ports, Logistics & Maritime Services businesses. The aim is to connect directly with customers to offer logistics solutions and remove inefficiencies in the supply chain to accelerate trade.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “The acquisition of Fraser Surrey Docks bolsters our footprint in the west coast of Canada. DP World has been seeing growing demand from our customers for multi-purpose facilities in the region and we believe Fraser Surrey Docks has the relevant infrastructure and is in the right location to service this demand. We are confident that our innovative approach will bring DP World’s best-in-class terminal operations to Fraser Surrey Docks.”

Matt Leech, CEO and Managing Director, DP World Americas, said: “This new addition to

DP World’s portfolio provides unique prospects for additional growth in the dynamic Canadian business environment. We look forward to helping Fraser Surrey reach its full potential and generating greater value over the long-term for DP World and its customers.”

Fraser Surrey Docks was founded in the early 1960s and has become the largest modern and multi-purpose terminal on the West Coast of North America. It operates more than 1,200 metres of berth, 189 acres of yard and is one of the region’s major steel import terminals. It moves approximately one million tonnes of agriproducts annually and serves several container lines, handling over 350,000 TEU in 2019.

DP World (Canada) Inc. General Manager, Maksim Mihic, noted: “DP World strives to create positive impacts for our people, our customers and the communities in which we operate. The addition of the Fraser Surrey Docks will create new jobs, and provide overall economic benefit to our community, the Province of British Columbia and to Canada as a whole.”

DP World has been a significant investor in Canada. As the operator of three terminals on Canada’s West Coast, the company provides a key gateway between Asia and the Pacific North West and looks forward to Fraser Surrey becoming the leading stevedore and general cargo operator in Canada.

A new acquisition as part of DP World’s global partnership with CDPQ

In 2016, DP World partnered with CDPQ to create a US$3.7-billion platform to invest in ports and terminals worldwide. Since then, the partnership has leveraged DP World’s strong track record in the port sector and CDPQ’s in-house infrastructure expertise to grow a high-quality portfolio of 10 ports and terminals across the globe, including locations in Canada, Chile, the Dominican Republic and Australia. DP World holds 55% of the platform and CDPQ holds the remaining 45%.

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