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Yearly Archives: 2016

Brisbane handles its first 8,500 teu vessel

The vessel exchanged approximately 700 containers at the port

The Port of Brisbane has welcomed its first 8,500 teu class vessel, the Maersk Lloyd Don Carlos, representing a “significant milestone” for the Australian port. The arrival follows ongoing work to optimise the port’s navigational channel. Port of Brisbane Pty Ltd (PBPL) CEO, Roy Cummins, stated: “As vessels increase in size and demand grows for Australian ports to take these ... Read More »

Maersk Line agrees to acquire Hamburg Süd

The deal could boost Maersk in the North - South trades

Maersk Line and the Oetker Group have agreed for the Danish carrier to acquire Hamburg Süd, subject to final agreement and regulatory approvals, which are expected by the end of 2017. Hamburg Süd is the world’s seventh largest container shipping line, specialising in the North – South trades and operating 130 container vessels with a container capacity of 625,000 teu. ... Read More »

Drewry: Future port investment under threat

Port operators face a perfect storm according to Drewry

Container shipping lines are endangering future port investment by demanding cuts to terminal handling fees according to a new report by shipping analyst Drewry. According to its ‘Ports and Terminals Insight’, terminal operators face a “perfect storm” of rising costs due to bigger ships, greater business risks from larger liner alliances, softening global demand growth and pressure on terminal handling ... Read More »

NYK Line orders 4,700 new reefer containers

The delivery of 4,700 new 40 ft refrigerated containers ordered by NYK Line has begun. The Japanese carrier procured 5,500 of the same type of containers last year, and the average age of company’s fleet of over 40,000 reefer containers has now fallen to four years. The new order includes 600 Controlled Atmosphere (CA) containers, which have technology that regulates ... Read More »

British ports call for special zones

In response to potential administrative complications that could arise from Brexit, the British Ports Association (BPA) is calling for the government to classify port areas and surrounding clusters as ‘special port zones’. BPA chairman Rodney Lunn and director Richard Ballantyne met with John Hayes, the minister of state at the Department of Transport to address concerns that Brexit could bring ... Read More »

Mwani Qatar and Mihala agree to manage Hamad Port

The deal is a notable tie-up between the public and private sectors

Qatar Ports Management Company (Mwani Qatar) and Qatar Navigation (Milaha) have agreed to establish a new company, QTerminals, to manage Hamad Port. As per the agreement, the new company will be co-owned by Mwani Qatar (51%) and Milaha (49%) and will manage operations at Hamad Port as an independent company with its own board of directors, executives and staff. Hamad ... Read More »

Moin congestion leads to surcharges

CMA CGM is to implement an emergency port congestion surcharge at Puerto Limón-Moin following weeks of instability at the Costa Rican port. The surcharge of €100/teu (US$106/teu) will be placed on all import cargo transported by the French carrier to Costa Rica from December 1, 2016.   The Marseilles-based company issued a statement to customers, noting: “For several weeks, lines ... Read More »

Kalmar and SSAB to develop fuel cell forklift

The forklift project will last two years

Kalmar, part of Cargotec, and Swedish company SSAB are to develop a hydrogen-powered medium-range forklift truck. The aim is to find a more sustainable solution for SSAB and help it reduce carbon dioxide emissions at the site. The forklift truck to be developed will have a lift capacity of 9-18 tons and it will use hydrogen gas as fuel. As ... Read More »

Port of Philadelphia’s container capacity to double

A US$300m investment in the Port of Philadelphia is expected to at least double its container capacity. The investment project, which will include funding for the port’s infrastructure, warehousing and equipment, is set to start in 2017 with completion scheduled for 2020. Approximately US$200m of the total investment will be invested in the Port of Philadelphia’s largest maritime facility, the ... Read More »