• 2020 October 23 16:05

    APM Terminals Poti signs a contract with Poti New Terminals Corporation for the development of dry bulk facility in the Poti Sea Port

    APM Terminals Poti (APMT) and Poti New Terminals Corporation (PNTC) have signed an agreement for the joint development of a new bulk cargo facility on the northern side of the Poti Sea Port, the company said in its release.
     
    Pursuant to the agreement, APMT will invest in constructing a new breakwater, 400m of quay wall and dredging up to 13,5 meters vessel draft, and PNTC will invest in building a new dry and bulk cargo facility including extensive yard area and rail connection in Poti. The agreement is conditional on the fulfilment of certain conditions precedent, such as the obtaining necessary construction permits.
     
    “It is an important milestone towards reaching our ambition to develop the best-in-class logistics solution in Poti Sea Port which entails a modern dry bulk cargo facility capable to accommodate Panamax vessels and handle various cargo types on 25 hectares of the customized area. This infrastructure will make the supply chain more efficient and effective for local and regional cargo owners”- noted Keld Mosgaard Christensen, Managing Director of APM Terminals Poti.
     
    The new dry bulk facility will be built during the first phase of the port construction project and will generate additional capacity of approximately 10 million tons for bulk cargo hugely benefiting the stakeholders and customers of the port by providing deep-water draft, enabling faster vessel turnaround, reliable and efficient services while giving rise to economies of scale.
     
    “With an unprecedentedly substantial investment over the coming years during Phase 1 and Phase 2 in developing a new deep-water port in Poti, APM Terminals is clearly demonstrating our confidence in the sustainable future of the Georgian logistics corridor, and the continuous growth of national and regional economies that will stimulate businesses. This will, in turn, benefit the local community by sparking significant economic development, catalysing new commercial activities and enabling hundreds of direct and indirect employment opportunities. The significance and positive impact of this strategic project gives us confidence for the success of this initiative, achieved by effective cooperation and coordination among multiple stakeholders, especially the Government of Georgia, whose vital support to this process is highly appreciated.” – adds Keld Mosgaard Christensen.
     
    The agreement was signed on October 15, 2020 in Poti.
     
     
    About APM Terminals Poti
     
    In April 2011, APM Terminals purchased Poti Sea Port, the largest port in Georgia, a multi-purpose facility with 15 berths for cargo and RoRo service, with total quay length of 2,900 meters and more than 20 quay cranes. Since assuming operations, APM Terminals has invested over USD 85 million upgrading the outdated port infrastructure and service facilities, including the construction of a new Customs Center, as well as new rail and truck facilities.

    During this period Poti Port has continued with upgrades of the current port infrastructure and equipment to make it the most productive and safest port in the Region while maintaining its preeminent position as the leading gateway to and from Central Asia and the Caucasus.




2020 November 24

20:09 Ministerial conference under German EU Presidency: “Inland Waterway Transport – key to deliver the Green Deal”
18:18 IAA PortNews to host online webinar: "Billions of tonnes of freight moved on the Chinese rivers: should we give it a try?", Dec 2, 2020
18:15 VARD secures contract for the design and construction of eight Marine Robotic Vessels for Ocean Infinity
18:06 Monjasa acquires Golden-Agri Stena tanker for Middle East operations
17:06 MOL & Miura to сonduct demonstration test with microplastic collection device installed on newbuilding wood chip carrier
16:32 Investors commit billions at Lagos Free Zone in Nigeria
15:03 Incat Crowther releases details of next ShadowCAT concept
14:22 Maqta Gateway and TruKKer to сollaborate on digital truck booking services through “MARGO”
13:14 The schedule of port charges for the ports of Bremen to be adjusted due to Corona pandemic
12:11 Diana Shipping reports financial results for Q3 2020
12:05 The Arktika icebreaker accomplishes its first task in the Northern Sea Route basin
11:32 Port of Hamburg сontainer throughput down 4.9 percent to 2.3 million TEU in Q3 2020
11:25 A WWII air bomb defused near Novorossiysk based CPC Terminal
11:09 CMA CGM to launch the TURKEY MED EXPRESS 2
10:04 MABUX: Bunker market this morning, Nov 24
09:46 Crude futures prices rise on vaccine hopes
09:22 Baltic Dry Index as of Nov 23
09:02 East Coast Australia JIP delivers a new interactive dashboard for LNG forecast

2020 November 23

18:24 North P&I Club pre-renewal report confirms corrective response to market challenges
18:00 RF Government is set to reorganize the structure of development institutions
17:13 4th International Congress “Hydraulic Engineering Structures and Dredging” slated for 25-26 February 2021
16:34 Damen completes Eidsvaag Opal conversion
16:28 STLC and VEB-Leasing to be consolidated into Unified Leasing Company
16:05 Aker Solutions wins maintenance and modifications contract in Brazil from Equinor
15:41 Vard secures contract for eight marine robotic vessels
15:17 RF Transport Ministry confirms its intention to introduce investment charges in seaports from 2021
14:53 Hydrographic boat of Project 19920 joins RF Navy’s Northern Fleet
14:31 Concordia Maritime CFO resigns from his position
14:09 Friendship 2020 joint exercise of the Egyptian Navy and the Russian Navy Bridge ends at the Black Sea Fleet
13:25 Ningbo Containerized Freight index rises by 19.8% in November 2020
12:34 Average spot market price for Russian M100 product climbed to RUB 13,184 pmt
12:12 The UK could increase its ambitions for renewable energy at a lower cost to consumers, new Wärtsilä analysis finds
12:02 Chinese ports container throughput down 0.03% to 217.2 million TEU from January to October 2020
11:53 Global Ports and TransContainer launch expedited delivery of pellets from Siberia to Europe via Saint Petersburg
11:11 Brodosplit lays keels for two coastal patrol vessels
10:19 HELCOM revamps its tool for tracking implementation progress
10:12 MacGregor supports China’s Lingshui 17-2 gas field development
09:57 MABUX: Bunker Market this morning, Nov 23
09:41 Container throughput of port Shanghai (China) in 10M’20 fell by 1.7%
09:25 Oil prices rise on hope for demand recovery
09:12 Baltic Dry Index as of November 20

2020 November 22

16:23 Ørsted and NABTU sign landmark MOU for U.S. offshore wind workforce transition
15:18 Port Canaveral cruise terminal parking to feature E-PASS® contactless transaction technology
14:21 USCG Cutter Stratton returns home after crewmembers test positive for COVID
13:26 New Wallenius SOL service delivers 200,000 extra tonnes of paper reels to PSA Zeebrugge terminal
12:18 Port NOLA's Brandy D. Christian receives 2020 C. Alvin Bertel Award
11:41 BPA announces the release of UK Ports industry magazine
10:42 Coast Guard Cutter Diligence returns to homeport from Caribbean patrol

2020 November 21

16:12 Impact assessment agency of Canada interim report an incomplete analysis omitting a number of important facts
15:49 Cummins introduces X15 Stage V solution for European inland waterways
15:18 Belfast Harbour supports launch of Maritime Belfast Trust
14:07 Remote repair helmet overcomes pandemic restrictions
13:39 Armstrong Marine USA of Port Angeles, Wa. launches new identity as BRIX MARINE
12:24 Mackay provides electronics package for two Vigor-built pilot boats commissioned by Los Angeles Pilot Service
11:38 Third quarter 2020 business activity strong CMA CGM Group operating performance

2020 November 20

18:00 CMA CGM to launch the FLAMINGO EXPRESS service
17:49 Senior Arctic Officials’ plenary meeting held in a virtual format
17:05 Australia to end crew contract extensions
16:52 Port of Algeciras was awarded the ESPO Award 2020
16:33 FSUE "Rosmorport" takes part in International Forum "Transport of Russia"