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Monthly Archives: April 2015

Suez Canal traffic running smoothly

The Suez Canal Authority has confirmed that the military operation’ Resolute Storm’, currently taking place against Houthi fighters in Yemen, is not affecting traffic in the Suez Canal. According to a statement released  by Mahmoud Rizk, director of the department of planning at the Suez Canal Authority, “Since the military operation in Yemen was launched, revenues from the Suez Canal, along with marine traffic, have been normal ... Read More »

New partnership between the ports of Miami, Recife and Suape

The Memorandum of Understanding was signed at Intermodal South America

The ports of Miami, Recife and Suape signed a memorandum of understanding yesterday (8 April) at Intermodal South America in Brazil. The first intended initiative will be to enhance preparations for small export enterprises for which the Economic Development Agency of Pernambuco, where Recife and Suape are located, owns projects. The second project between Suape and Miami will focus on consolidating export ... Read More »

Samsung to build OOCL mega-container vessels

Samsung Heavy Industries has received a second order in one month to build 21,100 teu-class container ships; this time from OOCL in Hong Kong, which has ordered six vessels at a cost of US$950m, with an option for a further six. In March, the shipbuilder received an order from Japan-based Mitsui O.S.K. Lines (MOL) for four similar vessels. At 400 ... Read More »

Hapag-Lloyd confirms departure from Portland

Hapag-Lloyd has confirmed it is to cease direct calls of its Mediterranean Pacific Service (MPS) at the Port of Portland Oregon in an effort to improve schedule integrity. The move follows the delays and congestion at a number of US West Coast ports due to the recent protracted crippling strike action during the latter part of last year and early this ... Read More »

APMT Mumbai hits new record

APMT Mumbai set the highest February volume recorded by an Indian container terminal

APM Terminals Mumbai, operating at Jawaharlal Nehru Port (JNP), India’s largest container port, has established a new record for Indian ports by handling a total of 2.01m teu during the Fiscal Year of 2014-15. Growth has been achieved since larger vessels of 9,000 teu capacity started calling at the facility in 2013, aided by the deepening of the harbour channel ... Read More »

US West Coast dockworkers urged to accept new contract

Approval of the tentative five-year contract agreement, achieved in February to end the crippling strike that saw 29 US West Coast ports closed, has been overwhelmingly recommended for acceptance to the rank-and-file members by representatives of the International Longshore and Warehouse Union (ILWU). Seventy eight per cent of the ILWU delegates voted to urge the broader membership to approve the ... Read More »

Transbo-Express shuttle enhanced for Ocean 3 cargo

Containers are reloaded directly onto the NPS barge from Ocean 3 vessels

The Nord Port Shuttle (NPS) barge service that runs between the Port of Dunkerque’s Flanders container terminal and the inland port terminals of Lille (LCT) and Dourges (LDCT), has been upgraded to offer a rapid transhipment of boxes delivered on the Ocean 3 Alliance mother-ships. Containers will be reloaded directly onto the NPS barge as soon as the OCEAN 3 ... Read More »

DP World announces purchase of Fairview Container Terminal

Fairview has a capacity of 850,000 teu currently

Dubai-based terminal operator DP World has announced that it will purchase Maher Terminals’ Fairview Container Terminal in Prince Rupert, Canada. The total payment is C$580m (US$457m) on a cash-free, debt-free basis and the deal is subject to Canadian regulatory approvals. It is expected to be finalised in the second half of 2015. The concession period runs to 2034 with an ... Read More »

Konecranes CEO to step down in September

The CEO of Finnish container handling equipment manufacturer Konecranes has announced that he plans to step down in early September 2015. President and CEO Pekka Lundmark said: “Leaving Konecranes was not an easy decision since I truly love this company. I believe we are well positioned to take advantage of the world megatrends such as digitalisation and resource scarcity.” The ... Read More »