• 2018 November 9 16:18

    USPA signs Memorandum of Cooperation with two leading ports of Egypt

    The Memorandum of cooperation between the Ukrainian Sea Ports Authority and authorities of two Egyptian ports — Alexandria and Damietta — was signed in Kyiv on 2nd of November, USPA says in a press release. In the future, it is planned to establish a bilateral working group with representatives of shipping lines, traders, port operators to discuss the implementation of joint projects.

    The signing was held in Kyiv within the framework of the Seventh Meeting of the Intergovernmental Joint Commission on Economic, Scientific and Technical Cooperation between Ukraine and the Arab Republic of Egypt. From the Egyptian side, the Memorandum was signed by the Minister of Investment and International Cooperation of the Arab Republic of Egypt, HE Dr. Sahar Nasr, from the Ukrainian side – Head of Odessa branch of the USPA (Odessa Seaport Authority), Igor Tkachuk.

    “The port of Odessa has a great experience of cooperation with the ports of Egypt. The cargo turnover between our ports is more than 4.5 million tons per year. More than half of these cargoes is export of agrarian products from Ukraine. The signing of the Memorandum will be an additional stimulus and a basis for the further development of bilateral cooperation”,— commented Igor Tkachuk.

    In turn, the Minister of Investment and International Cooperation of the Arab Republic of Egypt, HE Dr. Sahar Nasr, noted that the authorities of the Arab Republic of Egypt welcome the intensification of dialogue and cooperation with Ukraine both at the interstate and the sector levels, in particular, it concerns the interaction between the ports of Ukraine and Egypt.

    In the near future, it is planned to create a joint working group, which will include representatives of the USPA and the authorities of the Egyptian ports, shipping lines, traders, port operators. Its’ task will be to discuss the implementation of joint investment projects and increase cargo turnover between our countries.

    Also, the signed Memorandum provides for a comprehensive exchange of information, mutual assistance of shipping companies, importers, exporters and forwarders, exchange of experience in the field of modernization of the port infrastructure, improving the quality of servicing vessels, development of IT services and technologies.

    Alexandria is a city in the Nile delta, the main seaport and the second largest city in Egypt. The port is connected to the Nile by a navigable channel. Annual turnover — 15 million tons, accounting for about 80% of the total volume of foreign trade in Egypt.

    In the 1960s and 1970s, a large amount of industrial equipment was transported by sea from Odessa to Alexandria, mainly for the Aswan Highland Dam, a key building of the largest hydropower site in northern Africa.

    Port Damietta is located on the Mediterranean coast, 200 km east of Alexandria. It has terminals for general and bulk cargo. According to the 2015 draft, the capacity of the port for handling grain is increased to 7.5 million tons. There is a LPG plant (SEGAS LNG), a container terminal, a mineral fertilizer plant on the port territory.




2019 January 20

16:08 Subsea 7 acquires multi-purpose offshore construction and dive support vessel
15:03 TEPCO and Ørsted sign MoU to work jointly on offshore wind projects
13:51 Major contract for JSS awarded to Montreal-based company
12:42 Huntington Ingalls Industries to acquire Fulcrum IT Services
10:47 Algoma provides update on status of fleet renewal

2019 January 19

16:19 Ocean Yield acquires Suezmax tanker Milos for $56.0 million
15:16 Evac expansion continues with acquisition of UK service company Transvac Systems
14:02 Deltamarin contracted to continue with Titanic II project
12:51 SGRE launches 10 MW offshore wind turbine
11:44 Algoma increases its interest in the ocean self-unloader Pool

2019 January 18

18:06 North Carolina Ports sets new record in 2018
17:47 Freight turnover of Neva-Metal (Saint-Petersburg) in 2018 climbed by 3% Y-o-Y to about 3.2 million tonnes
17:25 Okskaya Sudoverf obtains patent for state-of-the-art pontoons
17:06 Hamburg prepares for ‘Hard Brexit’
16:44 Throughput of port Primorsk in 2018 fell by 7% Y-o-Y to 53.48 million tonnes
16:23 GTT receives a new order from SHI to design the tanks of two LNG carriers on behalf of Gaslog
16:20 NOVATEK elects new Board of Directors
15:56 Throughput of port Vyborg in 2018 grew by 25% Y-o-Y to 1.93 million tonnes
15:33 Stena Line’s first new generation ferry ‘floats’ in China
15:21 Bunker sales at the port of Singapore in 2018 fell by 1.7% Y-o-Y to 49.8 million tonnes
15:03 Panama Direct service CMA CGM to resume weekly rotations
14:47 Throughput of port Vysotsk in 2018 climbed by 7% Y-o-Y to 18.79 million tonnes
14:33 GranIHC appointed contractor for Equinor’s Peregrino Phase II Project
14:19 Port of Ust-Luga handled 98.72 million tonnes in 2018, down 4% Y-o-Y
14:03 Algoma Central Corporation increases its interest in ocean self-unloader Pool
13:50 18 vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on January 17-18
13:35 Throughput of the Port of St. Petersburg in 2018 up 11% Y-o-Y to 59.32 million tonnes
13:18 CMA CGM unites its Containerships and MacAndrews brands
13:11 Vladimir Putin supports Government’s proposal on expanding Far East Ministry’s functions with Arctic issues
12:49 Throughput of port Kavkaz in 2018 grew by 11% Y-o-Y to 49.276 million tonnes
12:26 MV Werften purchases Neptun Ship Design
12:08 Sakaide shipyard holds naming ceremony for new LNG carrier jointly owned by NYK and JERA
11:38 PGNiG SA signs agreement for oil and gas exploration and production in UAE
11:14 Remote pilotage to be allowed in Finland
10:47 Free zone status is a crucial advantage for the future development of the Freeport of Riga
10:06 Ice restrictions at the port of Ust-Luga come into effect on January 31
09:42 Brent Crude futures price up 0.9% to $61.73, Light Sweet Crude – up 1.09% to $52.64
09:20 Baltic Dry Index is up to 1,077 points

2019 January 17

18:13 PORT OF KIEL presents annual results 2018
17:51 Ice restrictions at the port of Primorsk come into effect on January 25
17:28 Global Ports sets up a common service call centre
17:09 EFIP welcomes and supports the European Parliament position on the Connecting Europe Facility for 2021-2027
17:05 North Sea Port monitoring the Brexit closely
16:44 ABP invests £700K to boost storage at Port of Ipswich
16:27 Global fuel market: still many uncertainties in both demand and supply
16:22 CMA CGM announces FAK rates from ISC to North Europe and the Mediterranean
16:05 OCEAN Alliance extends duration of OCEAN Alliance to ten years
15:42 COSCO SHIPPING Ports signs agreement with PSA to add two new berths at the terminal in Boao, Hainan
15:31 Liebherr supports the 6th International Forum of Dredging Companies as its Sponsor
15:02 Ocean Yield ASA agrees to acquire a modern Suezmax tanker for a consideration of USD 56.0 mln
14:02 SEACOR Marine enters agreement to acquire three additional platform supply vessels from affiliates of COSCO Shipping Group
13:49 Throughput of Chinese ports grew by 4.2% to 9.22 billion tonnes in 2018
13:32 Jensen Maritime provides design for Shaver Transportation’s new tugboat
13:14 OOCL rolls out third phase of Ocean Alliance product refinements
12:50 Baltic Ports Organization’s schedule for 2019 is set
12:38 Port of Los Angeles breaks all-time cargo record in 2018
12:26 Qatar accedes to load lines convention
12:01 Sunseeker International and Rolls-Royce to present first production yacht with MTU hybrid power in 2020
11:51 Bunker prices continue going down at the Far East ports of Russia (graph)
11:38 Port of Zeebrugge handled 40.1 million tonnes in 2018