Worldwide there are approximately 3,000 merchant ports and the work of the Harbour Master can vary widely from country to country and from port to port even within the same country.
DP World and Indonesia
It was announced from Dubai, United Arab Emirates, on 24 July that two preliminary agreements between global trade enabler DP World and Indonesia’s leading conglomerate Maspion Group were signed to create a US$ 1.2 billion container port and industrial logistics park in East Java.
This exchange of agreements was witnessed by HH Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of UAE Armed Forces, and Joko Widodo, President of Indonesia. Also present at the signing ceremony were the Indonesian Minister of Transportation, Budi Karya Sumadi, and Minister of State-Owned Enterprises (BUMN) Mrs Rini Soewarno. (See illustration here kindly provided by DP World ©DPW).
Reports indicate that this is the first joint venture of its kind in the Indonesian transport sector involving a private sector partnership between an FDI partner and a private sector Indonesian company in Maspion, within the context of co-operation in maritime services with the state-owned maritime services operator Pelindo III.
It is understood that two term sheet agreements aim to create a modern, integrated container terminal and industrial logistics park that is expected to play a vital role as a trade gateway for Eastern Java. Included in the agreement is cooperation in setting up Maspion International Container Port in Gresik, East Java, with an investment of US$1.2 billion and three million TEUs of capacity using electric power in its operations to help cut carbon emissions.
An integrated 360 hectare industrial and logistics park could also provide a world class trade environment for Indonesian and international businesses to help drive economic growth and job creation.
The project is expected to break ground later this year and commercial operations are being planned for the first half of 2022. The vision is to support East Java’s infrastructure as part of President Joko Widodo’s programme to accelerate economic growth.
Of the event Sultan Ahmed Bin Sulayem, DP World Group Chairman and CEO and Chairman of Ports, Customs & Free Zone Corporation, commented: ‘This partnership will be a major addition to our global portfolio and a new step in our ongoing expansion. It will also enhance our continuing commitment to Indonesia, one of the most important world economies.
‘Our business model and vision are aligned with President Jokowi’s commitment to continue his infrastructure focus and to make sure it is interconnected. We believe it will further consolidate the excellent relations between the UAE, the Indonesian government and Pelindo 3 and take DP World’s presence in the country to a new level.’
DP World ended its concession agreement with Pelindo 3 at the Surabaya Container Terminal in April 2019. The new agreements confirm a long-term strategic partnership in the economic development of the country which has been growing rapidly in recent years. Indonesia has the fastest rate of growth in electronic retail in South East Asia.
Dr Alim Markus, President Director and CEO of Maspion Group reflected: ‘This collaboration is a major development for the two groups, and a new step in Maspion Group’s ongoing expansion.’
DP World 2019 Q2 growth
On 23 July DP World PLC reported that it had handled 35.8 million TEU across its global portfolio of container terminals in the first half of 2019, with gross container volumes growing by 0.5% year-on-year on a reported basis and 0.5% on a like-for-like basis.
Strong performance across the Asia-Pacific region, the Indian Subcontinent and Africa drove growth in Q2 of 2019, but weaker volumes in the UAE and Australia offset this trend.
At a consolidated level, DPW’s terminals handled 19.5 million TEU during the first half of 2019. Consolidated volumes in Q2 of 2019 grew by 10.6% on a reported basis but were down 0.6% on a like-for-like basis. The strong reported growth in Americas and Australia regions is due to the consolidation of Australia and acquisition of Pulogsa which consists of two terminals in Chile.
New hubs of business and enterprise will be opened across the UK creating thousands of jobs, regenerating communities and turbocharging Britain’s post-Brexit growth, the Government announced on 10 February.
Up to ten new innovative Freeports will be opened across the UK as the Government seeks to level up the country and seize on the opportunities leaving the EU has presented. This was the style of a news item delivered on behalf of HM Treasury.
A consultation has been launched setting out the Government’s vision for Freeports, with the aim of announcing the location of the new zones at the end of this year so they can be open for business in 2021.
It is understood that once the ten-week consultation is completed, the Government will invite sea, air and rail ports to bid for Freeport status on a competitive basis.
Chief Secretary to the Treasury, Rishi Sunak, said: ‘Freeports will unleash the potential in our proud historic ports, boosting and regenerating communities across the UK as we level up. They will attract new businesses, spreading jobs, investment and opportunity to towns and cities up and down the country.
‘This is all part of our mission as an open, outward-looking country, championing global free trade with vibrant Freeports that work for all of the UK.’
BEST* Terminal turns into reality an ambitious project of expanding its hinterland at international level through collaboration with the Port of Bayonne, in the Nouvelle-Aquitaine region in SW France.
The port of Bayonne, historically specialists in bulk, wants to take a step forward in intermodality by implementing a cross-border door-to-door intermodal service. In this way, BEST and the Port of Bayonne have joined forces to offer a new intermodal service to importers and exporters in SW France, through BEST's logistics operator, Synergy, and the transport company GIMEX, based in Navarra (Navarre), Spain.
Trade event on 20 February
Union of the partners of this innovative project will be presented by both parties at the Chamber of Commerce and Industry of Bayonne on 20 February in order to identify potential future users and present the proposal of service offer to the needs of logistics professionals on both sides of the border.