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Monthly Archives: July 2014

Mixed results for Marseille Fos

The French port of Marseilles Fos has announced mixed half year results, with container traffic up by 7% to 583,287 teu compared to the same period in 2013, but total cargo throughput down 6% to 38.23m tonnes. Container handling was bolstered by a 10% increase at the deep-sea Fos terminals but the decline of the oil trades, in line with ... Read More »

Mitsubishi enters port business

Mitsubishi has announced that it has joined with Colombia’s Daabon Group to establish a port holding company in Santa Marta, Colombia.  Mitsubishi will hold 25% of the shares in the joint venture. In a statement, Mitsubishi said that: “Due to steady economic growth in Colombia and the expansion of the Panama Canal, import/export volumes at Santa Marta are expected to ... Read More »

Hutchison opens SICT and looks to break Australian duopoly

HPH's Sydney International Container Terminal

The possibility of Hutchison Port Holdings (HPH) and International Container Terminal Services Inc. (ICTSI) becoming involved in a new joint venture on Australia’s east coast, has been raised by HPH Australian chief executive, Stephen Gumley. Speaking to the The Australian at the opening of Sydney’s second container terminal, he said that he plans to offer a “compelling value proposition,” which ... Read More »

Oustanding figures for Pipavav Port

Gujarat Pipavav Port (APM Terminals Pipavav) has announced an impressive set of half year results, with net profit up 100% compared to the equivalent figures in 2013. The port in western India reported a net profit of INR1416m (US$23.6m) between January and June 2014, while there was a 128% increase in net profit calculated on a quarterly basis (April to ... Read More »

New Colombo terminal on target for end of 2014

Port of Colombo

The Sri Lanka Ports Authority (SLPA) expects the shortfall in container handling capacity at the Port of Colombo to be addressed this December 2014 with the completion of the Phase I construction of a new terminal. The East Container Terminal (ECT), a single berth of the US$330m Colombo Port Expansion Project (CPEP), is designed to handle container vessels of 230,000 ... Read More »

Antwerp issues tender for LNG bunkering station

Barges should be able to fill up with LNG by 2016

According to the port authority, by early 2016 it should be possible for barges to fill up with LNG at a permanent bunkering station at the Port of Antwerp. The port authority has issued a European call for tenders in order to find a partner to design and build the bunkering station. It must also be possible for trucks to ... Read More »

Philadelphia: container traffic up 29%

Cargo statistics for the first six months of the year from the Philadelphia Regional Port Authority (PRPA) suggest that the Port of Philadelphia could see its fifth successive year of double-digit cargo growth. Compared with January – June 2013, this year has seen container traffic increase by more than 29%, breakbulks by almost 13%, roro cargo by almost 5% and ... Read More »

Hamburg Süd to acquire CCNI’s liner activities

Hamburg Süd and Chile’s CCNI have signed a preliminary agreement that will see the Germany-based carrier acquire CCNI’s container liner activities, including the related general agency functions. The acquisition, scheduled to be executed and completed by no later than 31 December, is subject to Due Diligence, execution of a Sale & Purchase Agreement and approval by the competent authorities. Hamburg ... Read More »

Container shippers join forces for safety

The scheme hopes to protect container ships

The Container Ship Safety Forum (CSSF) has been launched as a global business-to-business network that aims to improve safety performance and management practices in the container shipping industry. Seven major companies, including Maersk, CMA CGM, Rickmers Shipmanagement and Zodiac Maritime Agencies, have founded the initiative to collectively identify common safety hotspots across the industry and ways to address the underlying ... Read More »