Saturday , 16 December 2017
Latest News

Monthly Archives: August 2014

Cosco Pacific terminals enjoy 10% rise in volumes

A 10% rise in container volume at Cosco Pacific’s container terminals helped the Chinese state-owned group record an 18.9% increase in revenue. The performance of their 23 container terminals varied but 20 recorded year-on-year increases in throughput in the first half of the year. Some of the biggest increases came from Cosco’s non-Chinese terminals. Piraeus, Antwerp Gateway, COSCO-PSA and the ... Read More »

Sharjah’s volumes grow by 14%

Strong figures for UAE-based Sharjah Container Terminal

Container volumes at Gulftainer’s Sharjah Container Terminal (SCT), grew by 14% in the first half of 2014 compared to the equivalent period last year. Growth at SCT, owned by the Middle East’s largest private terminal operator, was driven by the robust trade route between the UAE and East Africa plus new projects and developments in Sharjah. The facility attracted over ... Read More »

New Hamburg berth can handle 18,000 teu ships

Hamburger Hafen und Logistik AG (HHLA) has inaugurated a new 595 m long berth at the Port of Hamburg’s Container Terminal Burchardkai (CTB). The €85.5m (US$112.7m) project at berth 5/6 includes five ZPMC 110-tonne tandem-lift gantry cranes, with an outreach across 24 container rows, allowing CTB to handle the latest generation of mega-ships of up to 18,000 teu capacity. Dr. ... Read More »

DP World invests in Liège Port

How the Trilogiport container terminal will look

DP World has bought all of Euroports’ shares in Trilogiport (Liège container terminal), thus taking full responsibility for the development of the terminal, and consolidating its presence on the Albert Canal. The Dubai-based terminal operator is confident that, the planned Trilogiport container terminal at Liège Port, which is set to be completed in 2015, can become a key logistics hub ... Read More »

Fall in container trade at the Port of Gothenburg

The Port of Gothenburg’s half year results revealed a fall in global container trade despite European freight volumes strengthening in the six months until the end of June. Container traffic decreased by 9% to 424,000 teu compared to 463,000 teu over the same period last year, with exports falling more than imports. Chief executive, Magnus Kårestedt remarked: “This could be ... Read More »

‘Oustanding’ results for Ports of Auckland

The Port of Aukland

Ports of Auckland celebrated strong full year results with trading profit before income tax rising by 65.5% to NZ$73.5m (US$61.4m) and net profit after tax up by 90% to NZ$74m (US$61.9m). In the 12 months to the end of June, container volumes increased by 18.3% to 968,741 teu from 818,819 last year, confirming Auckland’s standing as New Zealand’s largest container ... Read More »

TIL acquires 50% share of International Trade Logistics

Mediterranean Shipping Company (MSC) has announced that Terminal Investment Limited has acquired the 50% share of International Trade Logistics, previously owned by Global Infrastructure Partners. The ITL group, the largest container terminal and associated logistics business in Argentina, includes Exolgan – Buenos Aires’ largest container terminal with a capacity of 2.5m teu. Diego Aponte, vice president of MSC and chairman ... Read More »

CMA CGM, CSCL, OOCL and PIL launch new service

France-based shipping line CMA CGM has announced a new service in co-operation with China Shipping Container Lines (CSCL), Orient Overseas Container Lines (OOCL) and Pacific International Lines (PIL), in the North East Asia, Australia and New Zealand Trade. The new service will launch from Shanghai in early November and will be operated with seven vessels of 4,250 teu nominal capacity, ... Read More »

Elbe dredging decision expected in October

A pair of container ships pass on the Elbe

A judicial decision on the deepening and widening of Germany’s River Elbe, key to the Port of Hamburg’s ambition to improve access for the largest vessels, is expected in October. The port’s marketing chief executive Axel Mattern stressed that, thought the deepening was important, the port would survive whichever way the judge decides. “To be able to handle the big ... Read More »