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DP World and CDPQ expand global investment platform to US$8.2 billion

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DP World and CDPQ expand global investment platform to US$8.2 billion. Image: DP World
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DP World, a global infrastructure-led supply chain solutions provider, and Caisse de dépôt et placement du Québec (CDPQ), a global institutional investor, announce the expansion of their ports and terminals investment platform through a new commitment of US$4.5 billion(CA$6 billion), which increases the total size of the platform to US$8.2 billion (CA$ 10.6 billion). DP World holds 55% share of the platform, and CDPQ the remaining 45%.

Since its launch in December 2016, the platform has invested in 10 port terminals globally and across various stages of the asset life cycle. The enhanced platform will continue to target assets globally, but with an increased scope to broaden its footprint in new and existing geographies, such as Europe and Asia Pacific. The investment platform will pursue its deployment and diversification objectives by expanding across a wider part of the integrated marine supply chain, such as logistics services linked to terminals.

Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, said: “The partnership between DP World and CDPQ has been very successful, and we have benefited from each other’s expertise. The opportunity landscape for the port and logistics industry is significant and the outlook remains positive as consumer demand triggers major shifts across the global supply chain. Best-in-class well connected ports and efficient supply chains will continue to play an active role in advancing global trade and cultivating the business environments closest to their operations. Alongside CDPQ, a steadfast partner whose long-term vision we share, we look forward to working together on new investments that will connect key international trade locations worldwide.”

Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure at CDPQ, said: “Building on the success of the first collaboration with our strategic partner, DP World, a world-class leader in ports and marine terminals, the enhanced platform will seek investments in high-quality port and terminal infrastructure assets that will help design the future of smart trade and logistics. As we take the next step in our partnership, we will further diversify our geographic

reach and look to seize new opportunities in a sector that, even during a uniquely challenging period, is driven by long-term fundamental trends.”

Despite the impacts of COVID-19 and shifts in the global supply chain landscape, the ports sector has demonstrated a fair degree of resilience. Through recent strategic investments in automation and digital technology, DP World has strengthened its logistics capabilities, combined with their maritime services operations and worldwide network of ports and terminals, to provide a full suite of end-to-end smart supply chain solutions. As such, DP World is well positioned to face the current challenges experienced by the industry and to continue to provide innovative solutions to their customers worldwide.

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Container Terminal

APM Terminals expands its API offering

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APM Terminals expands its API offering. Image: APM Terminals
APM Terminals expands its API offering. Image: APM Terminals
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In response to customer feedback, this month APM Terminals rolled out a new API which enables customers to track the schedules and key milestones for all vessels calling at a specific terminal. Furthermore, real-time API data connectivity was made available for an additional three terminals.

APM Terminals has offered a Vessel Schedule API for some years, however this was more suited to customers looking to track a specific vessel calling a terminal. The new Terminal Vessel Schedule enables customers to track all vessels calling a terminal, for up to one week in the past and two weeks ahead.

The Terminal Vessels Schedule provides customers with, among other things, real-time and reliable terminal Estimated Time of Arrival/Departure, Earliest Receiving Date, Cut-Off Times for different cargo types, vessel details and more.

Why use APIs?

APM Terminals’ innovative, industry-leading range of seven APIs enables customers to pull real-time container status, truck appointment and vessel data from its Terminal Operating Systems, into their own internal systems, such as a Logistics or Transport Management System (TMS). Developed in line with industry standards, they offer self-service, straight forward, one-time-only implementation.

Real-time data feeds remove the need to look up information manually via our existing Track & Trace channels, making this the ideal solution for shipping lines, inland transporters, cargo owners and managers, and data aggregators who process higher volumes.

The pricing structure of the new Terminal Vessel Schedule is particularly interesting for larger customers tracking a number of vessels as unlike the existing Vessel Schedule API, pricing is not per vessel called via the API, but for unlimited calls for a period of 30 days, for a specific terminal. As with the company’s existing range of APIs, API calls are purchased using API credits which can be bought in bundles. The larger the bundle, the lower the price per credit.

New Terminals

API connectivity was added for the company’s two Ports in India, APM Terminals Mumbai and APM Terminal Pipavav, as well as the Suez Canal Container Terminal (SCCT) in Egypt. SCCT support data for Vessel Schedules, Import Containers and Export Containers. The Indian terminals support data for Vessel Schedules, Import Containers, Container Event History and Empty Container Returns.

With these additional Terminals, APM Terminals now offer’s API connectivity for 22 of its terminals, with an additional five planned to be added this year.

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Container Terminal

MOL join the Port Island Phase 2 Development Project at the Port of Kobe

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MOL join the Port Island Phase 2 Development Project at the Port of Kobe, Image: MOL
MOL join the Port Island Phase 2 Development Project at the Port of Kobe, Image: MOL
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Mitsui O.S.K. Lines, Ltd. announced the signing of a memorandum of understanding for the Port Island Phase 2 Development Project at the Port of Kobe with Kobe-Osaka International Port Corporation and Kawasaki Kisen Kaisha, Ltd.

Following the phase 2 South Pier expansion and improvement work undertaken by Kobe-Osaka International Port Corporation, MOL will add berth PC-14 and the land behind the terminal to its lease and expand Kobe International Container Terminal. MOL currently leases KICT and operates berths PC-15/16/17 along with Sankyu Inc., Sumitomo Warehouse Co., Ltd., and Nickel & Lyons Ltd. The MoU also calls for “K” Line, which currently operates a container terminal on Rokko Island, to join KICT. After the completion of the expansion and improvement work, KICT will be the largest terminal in western Japan, handling about 40% of international container cargo at the Port of Kobe.

The expanded KICT will have a total wharf length of 1,750m, up from the current 1,050m, providing more flexible berth windows and streamlining connections for containers with other routes. Furthermore, a Container freight station directly connected to the terminal and a logistics facility with an overhead crane that can move larger cargo, will be built on the land behind the terminal, offering one-stop service from loading of cargo containers to delivery to the terminal. MOL Group company Shosen Koun Co., Ltd. will operate these facilities, delivering convenient and competitive logistics services to customers throughout the group.

MOL has positioned environmental strategy as one of the key elements of in its “BLUE ACTION 2035” management plan, and set the goal of achieving net zero greenhouse (GHG) emissions by 2050 in the “MOL Group Environmental Vision 2.2.” Last year, Shosen Koun became the first company in Japan to introduce two new transfer cranes (RTGs), which can be converted from conventional diesel engines to hydrogen fuel cells to power the RTGs used for container handling operations at KICT. And the company will adopt the new electric RTGs in the terminal expansion area. In addition, it plans to install solar panels on the container gate and the roof of the logistics facility. Through these concerted group-wide initiatives, the MOL Group will contribute to the reduction of GHG emissions from the container terminal.

MOL has positioned the Port of Kobe as an important base for its domestic business for many years, and its group companies currently operate the port, logistics, tugboat, and real estate businesses, each of which has deep roots in the local community. In April of last year, the Kobe Shosen Mitsui Building celebrated the centennial anniversary of its completion. With the KICT expansion project, the MOL Group will further solidify its business base and offer stress-free services to customers.

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Container Terminal

APM Terminals Callao receives largest capacity container ship MSC Chiyo

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APM Terminals Callao receives largest capacity container ship MSC Chiyo. Image: APM Terminals
APM Terminals Callao receives largest capacity container ship MSC Chiyo. Image: APM Terminals
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The Callao Multipurpose North Terminal, operated by APM Terminals, welcomed “MSC Chiyo”, the largest capacity container ship to ever call in Peru. The new container ship, operated by shipping line MSC (Mediterranean Shipping Company) came into operation this year.

At 366m long and 51m wide, the vessel operates on the ANDES Service, which connects Callao with the Asian continent. The MSC Chiyo has a higher-than-normal container capacity due to its maximum draft of 17 meters. With 16,616 TEU (20-foot container equivalent) on board, it became the largest capacity vessel to ever arrive on the west coast, compared to the 14,000 TEU ships normally operating on the same service.

During its stay at APM Terminals Callao, 2,586 crane moves were made in total. This included 1,522 import TEUs and 1,483 export TEUs, which were handled with the terminals five super post panamax ship-to-shore cranes for almost the entire operation. An impressive crane productivity of 115 moves per hour was achieved.

“At APM Terminals Callao we are proud to be the main port in the country and to be the first to receive ships of this capacity,” commented Fernando Fauche, Commercial Director of APM Terminals Callao.

“One of the factors that make events like this a reality is the great care and priority we give to our internal safety and security standards, ensuring that they are 100% met and providing guarantees to our clients. The arrival of this large vessel is undoubtedly a milestone for the terminal, and events like this reaffirm our mission to become an international hub for the different players in the logistics sector and thus continue to meet the needs of the local and global market.”

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