Page 113 - ΝΑΥΤΙΚΑ ΧΡΟΝΙΚΑ - ΣΕΠΤΕΜΒΡΙΟΣ 2022

DP WORLD PREPARES FOR APMT’s long-standing joint venture partner Delo
ASIAN EXPANSION Group who also owns 30.75% of the shares in GPI.
DP World has set its sights on Asian supply The transaction has been undertaken on an arm’s
chains with a new investment in Belawan Port in length basis and includes an ability for APMT to
the Straits of Malacca. More specifically, a new re-enter the partnership with Delo in the future.
joint venture between Dubai-based DP World With the divestment of its shares in GPI, APMT
and Indonesia’s sovereign wealth fund, in col- will no longer be involved in any entities oper-
laboration with Pelindo, Indonesia’s state port ating in Russia or own any assets in the country.
operator, will invest in developing the Belawan The transfer of share ownership takes place after
port infrastructure. regulatory approvals have been obtained.
The $7.5 billion investment in Belawan Port,
located in Sumatra, aims to transform the port SCRUBBERS MARKET EXPECTED TO SOAR
Edited by: by increasing its terminal capacity and connec- AHEAD OF 2030
Giannis Theodoropoulos, Manos Charitos tivity with other large ports. In the race to reduce emissions from shipping
The port’s handling capacity is expected to industry activities, scrubbers are proving to be
increase to 1.4 million TEUs in the next six years, a reliable ally. A recent Acumen, Research and
which is expected to significantly strengthen the Consulting report notes that the medium-term
future of the marine scrubber market looks
bright, as estimates for 2030 are talking about
a market size of $16.4 billion.
According to the report, the size of the scrub-
bers market in 2021 was approximately $3.6
billion, and it is expected to climb to $16.4 bil-
lion by 2030. Although the total of scrubbers
produced is not only used on merchant ships,
the report indicates that merchant shipping will
absorb a significant share between 2022 and
2030.
In addition, due to stringent environmental reg-
ulations, Europe is expected to remain a signif-
icant player in the market. In terms of growth,
the wider Asia-Pacific region is estimated to be
the fastest growing by 2030.
The report also notes that the need for scrub-
bers is driven by environmental concerns. Other
drivers are the potential effects of emissions on
the health of seafarers and the rise in demand
for bulk carriers and oil/chemical tankers.
Nevertheless, certain factors, such as high
installation and maintenance costs and the
strong possibility of equipment oxidation, hinder
the widespread adoption of scrubbers.
port’s position in the Straits of Malacca as a vital
artery of global maritime trade. RUSSIA INVESTS IN FAR EASTERN
BASIN PORTS
A.P. MOLLER-MAERSK DIVESTS ITS Russia is looking to invest in increasing the
SHARE IN GLOBAL PORTS management capacity of its Far Eastern Basin
A.P. Moller-Maersk’s terminals business, APM ports. According to a report by the Russian
Terminals (APMT), has entered into an agreement news agency TASS, fifteen expansion projects
to divest its 30.75% shareholding in Global Ports are expected to increase cargo turnover by 117
Investments PLC (GPI) to long-standing partner million tons.
Delo Group. This move by Moscow seems to be linked to
Following the announcement of Maersk’s com- its commercial ambitions in the wider Asia-Pa-
mitment to discontinue activities in Russia earlier cific region. The Deputy Minister of Transport
this year, APMT has now entered into a binding of Russia, Dmitry Zverev, said “To expand the
agreement, subject to regulatory approvals, to freight turnover with countries of the Asia-Pacific
divest its entire 30.75% shareholding in GPI to Region, we are expanding our Far Eastern Basin

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