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Monthly Archives: January 2017

Marseille reports 2.5% growth

The Port of Marseilles Fos has recorded a 2.5% year-on-year increase in its container volumes in 2016. The port handled a total of 1.25m teu last year, compared to 1.22m teu handled in 2015, with container throughput going up by 4% at the dee-sea Fos terminals. According to the port, container volumes were boosted by an increase of 20-80% on ... Read More »

New Germany-Italy intermodal connection launches

Stena Line will operate a sea connection between Kiel and Goteborg

Logistics company Ekol has started a new direct train connection between the ports of Kiel, Germany, and Trieste, Italy. The news follows the company’s recent acquisition of a majority stake in Trieste’s multipurpose facility EMT Terminal. The train connection, which is the first from the Port of Trieste to link the Baltic-Adriatic Corridor, will initially be operated once a week ... Read More »

COSCO expects US$1.4bn loss

Chinese shipping giant COSCO Shipping Holdings expects to report an RMB9.9bn (US$1.44bn) net loss in 2016 amid slow growth in global container shipping demand and oversupply of shipping capacity. According to a profit warning to the Hong Kong Stock Exchange, due to weak market conditions, the group’s container shipping segment’s growth was lower than the growth of the container shipping ... Read More »

British logistics chiefs warn over Brexit customs processes

Theresa May has stated that she wants to make a new customs agreement with the EU

Leading figures in the British ports and logistics industry have told the British parliament that the potential introduction of customs clearance procedures, resulting from Brexit, could “seriously disrupt” supply chains. The potential effects of leaving the European Union Customs Union (EUCU) include increased cargo transit times, a need for larger storage facilities and higher costs to importers and exporters, they ... Read More »

COSCO and CMA CGM to increase cooperation

COSCO Shipping’s and CMA CGM’s port operating subsidiaries have signed an agreement aimed at increasing their cooperation on port operations and investments worldwide. According to a statement, under the new Memorandum of Understanding (MOU) signed by COSCO Shipping Ports and CMA Terminals Holding, preference will be given to ports called at by the Ocean Alliance, of which both COSCO Container ... Read More »

Port Everglades receives first Cuba-US shipment for 50 years

The containers were handled at Port Everglades

Two containers of artisanal charcoal from Cuba aboard a Crowley container vessel marked the first commercial shipment from a Cuban cooperative to a private US business for more than 50 years. Port Everglades in Florida handled the first such exports of Cuban goods to the US since the establishment of the US-Cuba trade embargo. The shipment follows 15 years of ... Read More »

Navis releases latest N4 version

USA-based terminal operating software (TOS) provider Navis has launched the latest version of its N4 TOS. According to the company, for the launch of N4 3.3, which is now on general availability, Navis improved its software development approach by leveraging an agile methodology. The new software, which has frequent quality and delivery checkpoints built into the process, is expected to ... Read More »

DaChan Bay Terminals begins using shore power

The shore power system in action

DaChan Bay Terminals (DCBT) has used its shore power supply system for the first time, supplying power to the OOCL TAIPEI. The shore power system aims to improve air quality by enabling vessels to switch off their auxiliary engine, thus reducing carbon emissions. According to a statement from DCBT, the working environment in the vessel engine room can be largely ... Read More »

Angola to build first deep-sea port

Angola’s sovereign wealth fund has announced plans to invest in the development of the country’s first deep sea port. The Fundo Soberano de Angola (FSDEA) is set to invest approximately US$180m in the construction of the new port as part of a US$1.1bn infrastructure fund. The new port facilities, which are expected to be built in two phases, will also ... Read More »