Sold to Breakers as is South Africa 454 USD/TO
News
GREEN LAND
The Green Land was arrested in Singapore waters on April 17, 2024, at 3.30 p.m.Tthe arresting solicitor listed was the law firm PDLegal LLC. The ship was held at the Global OM (Offshore & Marine) – Grid 3816C. No further details regarding the reason behind the arrest were provided. The tanker has been stationary at the Tuas Industrial Park Berth Area since Feb 21.
Dar es-Salaam
In one of the biggest pushbacks against Chinese president Xi Jinping’s Belt Road Initiative Tanzania has suspended the construction of the $10bn Bagamoyo port project, citing the onerous financial conditions put in place by Beijing. The project, which broke ground four years ago and was set to be run by China Merchants Holding International, would have been the largest port in East Africa. Tanzania’s president John Magufuli has accused the Chinese project backers of presenting “exploitative and awkward” terms in exchange for financing. Chinese financiers set “tough conditions that can only be accepted by mad people,” Magufuli told local media. “They told us once they build the port, there should be no other port to be built all the way from Tanga to Mtwara south,” Magufuli told a delegation of business people at State House in Dar es Salaam earlier this month. “They want us to give them a guarantee of 33 years and a lease of 99 years, and we should not question whoever comes to invest there once the port is operational. They want to take the land as their own but we have to compensate them for drilling construction of that port,” he said. Magufuli also said the new Bagamoyo port risked undermining the ongoing $522m expansion of Dar es Salaam port that would enable it to triple its current capacity when complete by the end of this year. Source : Splash247
Rotterdam
Container throughput continues to grow in Rotterdam. Following a record year in 2018 and a record quarter in 2019, April of this year was the best month ever for the Port of Rotterdam. 13.6 million tonnes of container freight was handled in April 2019. The previous record month was August 2018 (13.2 million tonnes). Measured in TEU, the standard unit for containers, April 2019 was the second-best month ever, with 1.3 million TEU, just a fraction lower than the record month of August 2018.
Tanger-Med
Tangier will today celebrate the opening of the largest container port in capacity terms in the whole of the Mediterranean, something that will bring enormous competition to the likes of Algericas just 25 nautical miles away across the Strait of Gibraltar. The $1.6bn expansion of Tanger Med port, located to the east of the Moroccan city of Tangier, due to be unveiled today will create Africa’s largest port with an annual capacity of 9.5m teu. The port is operated by APM Terminals, Eurogate and a local firm.
Ho Chi Minh
Samsung C&T Corp., a construction unit under Samsung Group, said Tuesday it has won a US$179.5 million project to build a liquefied natural gas (LNG) terminal in Vietnam. Under the deal with Petrovietnam Gas Corp., Samsung C&T and Vietnamese firm PTSC will build the Southeast Asian country’s first LNG terminal, in the coastal area 70 kilometers southeast of Ho Chi Minh City for 40 months. The project also calls for the construction of LNG tanks and other related facilities, according to Samsung C&T. Samsung C&T has a 61 percent stake in the project. Source: Yonhap
XIN XIN SHAN
The 'Xin Xin Shan' was arrested in Singapore on April 22, 2024, at 1.36 p.m. LT, on behalf of the law firms PDLegal LLC and DennisMathiew. The ship had arrived from St. Petersburg and was being held at the Eastern Anchorage. The arrest was likely to involve disputes over the payment of goods and services related to the vessel's operation. Its commercial controller is the Dalian Haida International Fleet in China.
Charleston
South Carolina Ports Authority (SCPA), Southeast's deepwater port, said that five rubber-tired gantry (RTG) cranes arrived at Wando Welch Terminal to further modernize operations. The Port has received 14 of the 24 new cranes ordered for the Wando terminal; the terminal currently has 52 RTGs overall. Meanwhile, SCPA reported its strongest May on record, with 204,457 twenty-foot equivalent container units (TEUs) handled last month.
Brownsville
The Port of Brownsville is closer to deepening the Brownsville Ship Channel after receiving a key permit June 6 from the U.S. Army Corps of Engineers (USACE) to advance the Brazos Island Harbor Channel Improvement Project (BIH) to its construction phase.