b"4American Journal ofTransportation ajot.comDrewrys Top Global Terminal Operators Clean Ports grants bolsters 2023 LAs Yusen Terminals zero Ranking% Change vs.% Share World emission equipment buysContainer Port 2023 Operator Million TEU 2022 Throughput Clean Ports program grants from EPA accelerate 1 PSA International 62.6 4.6% 7.2% purchases of equipment to help achieve zero emis-2 China Merchants Ports 55.0 8.7% 6.4% sions goals.3 China Cosco Shipping 53.8 1.4% 6.2% By Stas Margaronis, AJOT Grants from the U.S. Envi- to zero emission equipment: 4 APM Terminals 48.9 -1.2% 5.6% ronmental Protection AgencysYes, YTI is one of the ben-5 DP World 44.3 -4.7% 5.1% (EPA)CleanPortsprogrameficiaries of that EPA Clean areacceleratingpurchasesofPorts grant. We were one of 6 Hutchison Ports 43.0 -4.6% 5.0% containertophandlersandtheterminalsthatsubmitted 7 MSC Group (incl. TIL &42.3 10.3% 4.9% RubberTyredGantryCranestheapplicationthroughthe AGL) (RTG),atthePortofLosPort(ofLosAngeles)and AngelesYusenTerminals,wasapprovedandgotfully Sub-total 350.0 2.0% 40.4% according to Matthew Ham- funded. So thats great news. Other GTOs 78.8 3.1% 9.1% ilton, Director, Sustainability,So yes, thats kind of the next Yusen Terminals. big phase for us here at YTI. Total GTOs 428.8 2.3% 48.6% Hamilton told AJOT thatWellbeputtingtensof Source: Drewry's Global Container Terminal Operators Annual Review and Forecast 2024/25 YusenTerminalsInterna- millionsofdollarsofgrant tional(YTI)aretakingfundingalongwith.over (ADANIcontinued from Weareconfidentthatties elsewhere in the Middleahybridapproachlong$10millionof YTIfunding page 2) withourexpertiseandnet- East,Southeast Asiainclud- term we plan to use both bat- towardsthenextwaveof in 2022 and handed over inworkinportsandlogistics,ing VietnamandCambodia,teryelectricandhydrogenEV(electricvehicle)equip-early 2023. wewillbeabletoenhanceEast Africa, Bangladesh, Srifuelcellequipmenthereinment and also a decent chunk This year, Adani securedtrade volumes and economicLanka, the Maldivesbasi- order to meet ourhundredtowardsEVinfrastructure concessions to operate Con- cooperationbetweenourcally across the Indian oceanpercentcleanzeroemissiontosupportthechargingand tainerTerminal2atDaresportsandEastAfrica.Wewithotherregionstradinggoalsby2030(thegoalof electric grid resiliency as Salaam Port, Tanzania, whilstwillstrivetotransformDarwithIndia,DrewrysaidinthePortsCleanAirActionwe bring on more and more it is also a 51% shareholderes Salaam Port into a world- the webinar. Plan). So, weve got a littleelectric equipment hereSo in the joint venture develop- class port.bit of both happening at theyeah, very excited about that. ingacontainerterminalinDrewry said Adanis capac- W eAlthF unde xclusiOn moment on the battery elec- Well be getting12 more Colombo, Sri Lanka. ity is forecast to increase byAsetbackemergedintric sideWe were the firstelectric top handlers At the time of the Dar es40%or5.5millionTEUtoMay this year, when APSEZtopurchase,thefirstcom- Hamiltonsayshesees Salaamdeal,KaranAdani,reach19.2millionTEUbywas excluded from the Nor- merciallyavailableTaylorsavingsinmaintenancecosts managingdirectorofAdani2028,withalmost40%ofwegian governments pensionbattery-poweredcontainercoming out of battery-powered Ports and Special Economicthis increase in overseas mar- fundoverethicalconcerns,tophandlersinthecountry.and hydrogen fuel cell technol-Zone(APSEZ),said:Thekets. This includes a $2 bil- alongwithtwootherfirms.Wevegotfiveofthoseogy as compared to diesel pow-signing of the concession forlion investment in Lien ChuNorges Bank, which managesin our operations for severalered equipment, but this is still Container Terminal 2 at DarportinDanang,Vietnam,thesovereignwealthfund,months now. a preliminary view: So far, its es Salaam Port is in line withalongside Vietnam Maritimesaid it was making the exclu- HamiltonsaidtheEPAprobably a little too early to say APSEZs ambition of becom- Corporation.sion due to an unacceptableClean Ports grants will helpconclusivelyexactly how ingoneofthelargestportAdanihasalsotalked(ADANIcontinued on speedthetransitionfrom(BOLSTERScontinued onoperators globally by 2030.aboutexploringopportuni-page 14) diesel-poweredequipment page 12)ITS YOUR MOVE.www.tideworks.com +1.206.382.4470"