navex 4 edition 2017 newsletter economy news
TRANSCRIPT
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NAVEX 4th Edition 2017 Newsletter Economy news
Portuguese Gross Domestic Product (GDP) in-
creased by 2.5% in the third quarter of 2017,
compared with the same period of previous year.
The positive contribution of domestic demand in-
creased, reflecting the acceleration of private con-
sumption, while Investment decelerated.
Consumer prices in Portugal increased 1.4 per-
cent year-on-year in September, accelerating
from 1.1 percent in the previous month. It is the
highest inflation since May, mainly boosted by the
prices of food, transport, miscellaneous goods &
services and housing & utilities. Core inflation
which excludes food and energy rose 1.3%, the
same pace as in August.
Unemployment rate for the 3rd quarter of 2017
was 8.5% keeping a positive trend. This figure is
down 0.3 percentage points (p.p.) from the previ-
ous quarter and 2.0 p.p. from the same quarter of
2016. The unemployed population, estimated at
444 thousand people, corresponded to a quarter-
ly decrease of 3.8% (17.4 thousand fewer people),
in trend with the decreases observed since the
2nd quarter of 2016.
PORTUGAL INTERNATIONAL TRADE
Exports from Portugal increased 5.8 percent
when compared with same period last year to
EUR 4.65 billion in September 2017, mainly due to
higher sales of fuels and lubricants (31.9%),
transport equipment (8.3 %) and industrial sup-
plies (7.2%)
Imports to Portugal jumped 8.1 percent from
the previous year to EUR 5.83 billion in Septem-
ber 2017, mainly boosted by higher purchases of
fuels and lubricants (14.7%), transport equipment
(12.1%) and industrial supplies (11.4%).
The Portuguese trade deficit widened sharply to
EUR 1.18 billion in September 2017 from EUR
1.00 billion in the same month a year earlier.
Your World, Our World.
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NAVEX 4th Edition 2017 Newsletter Industry news
Your World, Our World.
Portuguese Ports - new record on cargo handled
During the first nine months of the year, the Por-
tuguese ports held a new record, moving 73.4
million tons of goods, a record that exceeds 5.4%
of the previous maximum fixed by the national port
system during the same period of 2016. The succes-
sion of records has the decisive contribution of
Leixo es port, having reached in this period the
highest movement ever,
moving more 951.2 thou-
sand tons than in the same
period last year. Regarding
containerized cargo were handled 2.3 million
TEUs, where transhipment movements represent-
ed 1.1 million TEUs. These aggregated figures rep-
resents a year-on-year growth of 16% and a new
high for the period.
Shipments of 9.700 cbm of steel structures
Following the expertise on project cargoes, NAVEX
has been awarded by the multinational industrial
group, MESSRS MARTIFER, with main activity
based on the metallic constructions sector, to per-
form a transportation of
main structural steelwork
for the newest DJELFA COM-
BINED CYCLE POWER
PLANT. This logistic opera-
tion consists on a “door to
door” service for total
9.700cbm, more than
1.000kms by road and an-
other 1.160kms by sea.
Together with our partners, this operation at LEIX-
OES port has been carried out smoothly and over-
coming all usual difficulties for such big demands.
2017 TRANSPORTES & NEGÓCIOS AWARDS
The 16th edition of TRANSPORTES & NEGÓCIOS
2017 awards, one of the most important recogni-
tions at Portugal, distinguished this year three ETE
Group’s companies. TRANSINSULAR won the cate-
gory of best
Cabotage
shipowner,
TCGL - Terminal de Carga Geral e de Grane is de
Leixo es was recognized as the best multipurpose
terminal operator and NAVEX received the award
of best SHIPPING AGENT which reflects our out-
come and efforts made by our team throughout the
year and the excellence of the services we provide.
Viana do Castelo – Shipment of 39 steel reels
For more than a year, NAVEX started working on
shipment of 39 steel reels with mooring polyester
rope, on total more than 17 thousand cbm, for the
newest SHELL APPOMATTOX, a subsea infra-
structure on Houston. The scope of work consisted
on providing all necessary port logistics services for
this project
and assuring
that cargo
would be
handled in port and loaded as smoothly as possible.
At the end, this shipment was split in two and both
loading opera-
tions were a
complete success
to without any
delays or damages. Partners and customers in-
volved considered that the wide experience of
NAVEX’s on these projects was clearly an advantage
that made a huge difference on operation' success.
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NAVEX 4th Edition 2017 Newsletter Corporate News
Your World, Our World.
In the third quarter of 2017 the activity of NAVEX
grew 19%, comparing to the same period previous
year, strengthen our market leadership position.
TRANSINSULAR—Africa Express Service
TRANSINSULAR reinforced their AFRICA EX-
PRESS service to Cape Verde, offering a direct
service, every 10 days, from Leixo es and Lisbon to
Mindelo, Praia, Sal and Boavista. This new setup is
considered "the most com-
petitive freight transport
solution between Portugal
and Cape Verde” with the
shortest transit time and direct connections with
Sal and Boavista, which allows to increasing the
competitiveness through the ability to offer inte-
grated multi-modal and door-to-door transport so-
lutions .
ETE Colombia - participate on project TIERRA BOMBA
The project TIERRA BOMBA consists on the exe-
cution of works of coastal protection in the is-
land of Tierra Bomba, on the south of Cartagena
City. ETE Colombia is performing the maritime
transport of the building materials, using two
pushers and two pon-
toons - every day each
train (pusher + pon-
toon) is doing a complete voyage between Baru is-
land and Tierra Bomba island in a distance of 4 nau-
tical miles. The total transport is estimated at 160
000 tons.
Vessel SKANDI HERA – assistance at Lisbon
SKANDI HERA an offshore supply vessel, carrying
manifolds for oil prospecting line to Las Palmas,
called Lisbon for a full crew change. NAVEX was
the shipping Agent
chosen for the assis-
tance. This is the first
time that a vessel of
SAGA SUBSEA went
to Lisbon and, according the Shipowner, the opera-
tion run smoothly and they were very pleased with
the service. They have also informed that will re-
turn, on a very near future to Lisbon, since they
have vessels that frequently pass through this port.
EUROLINE - integration on NAVEX brand
The shipping agent EUROLINE, also a ETE Group’s
company, was fully integrated, brand and all their
staff in the port of Aveiro, into NAVEX organiza-
tion, which represents one sounder step into our
future.
THANKS for all Mr. José Mendes
After 46 year of work with NAVEX, Mr. José
Mendes was timely retired and focus on other
main priorities as from now, not least his family.
Mr. Jose Mendes has had many responsibilities
within NAVEX and, in the last years, has been re-
sponsible for the Liner Department. The ETE Group
Board has decided to perform a ceremony as a
token of appreciation
for all José Mendes has
contributed to NAVEX
and the ETE Group. Our
wishes of all the best on his new, and more relaxed,
functions!
Number of vessels
July August September
166 175 181
Total 3rd Quarter = 522 vessels