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48 Malta Freeport Throughput: 2,260,000teu


(-3.2%)


Transhipment specialist Malta Freeport saw volumes fall by a modest 74,182teu, or 3.2%, in 2009. This followed a record breaking year in 2008 when the port grew by 428,820teu or 22.6%. The Freeport is confident that it will achieve 2.6m teu this


year and it has already seen volumes grow by 12% in Q1 2010. Indeed, new service calls have been added by several carriers including Delmas, CMA CGM, Maersk, Hanjin, Cosco, K Line and Yang Ming while CSAV Norasia has begun using Malta as its Mediterranean hub port. Despite this progress, the port, which climbed two


places in the Top 100, says competition is stiff and it will try to combat this with investment and training. Since privatisation in October 2004 Malta Freeport Terminals has invested €141.6m to the end December 2009 and expects to around €33.5m this year. Four new ZPMC super post-panamax STS cranes were delivered in July 2009, taking the total at the port’s


two terminals to 23. The port will commission 10 new Konecranes RTGs this year, supplementing the 40 units purchased since 2004. The port is set to embark of the extension of


Terminal One West Quay from 168 metres to 300 metres and will deepen the draught alongside from nine to 13 metres. Terminal Two South Quay and Terminal One North Quay are currently being dredged alongside to a draught of 17 metres. The port received 1,919 vessel calls in 2009.


49 Santos Throughput: 2,255,862teu


(-15.8%)


Brazilian economic growth of 2.9% in the last three months of 2009 and 9% in the first three months of 2010 has halted the slide in volumes at the country’s premier gateway, Santos. Strong domestic demand and an increase in imports


from Brazilians largely unfazed by the collapse in global markets, helped limit the contraction in cargoes to 421,977teu in 2009, the port’s first decline for 10 years. Early signs are that volumes will grow again in 2010,


with the Brazilian economy one of the fastest to emerge from the slump, owing to heavy investment in its offshore oil business and strong domestic demand. Santos accounts for half of container throughput in the


world’s eighth largest economy. DP World is backing Brazil’s continued growth in the


port with the acquisition of a stake in Embraport, a greenfield port development that will add another 1.5m teu of capacity. The first phase of the project is being advanced with Brazilian engineering group, Odebrecht and trading house Coimex, at a cost of US$500m. Other developments in the port include Mediterranean


Shipping Company’s plans to create a facility with 1.6m teu of capacity and the ongoing expansion of Tecon 1, operated by Santos Brasil, and Libra Terminais’ T-37 operation. Tecondi is also doubling capacity at its terminal to around 700,000teu a year.


August 2010 www.cargosystems.net 47


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