Tuesday , 23 January 2018
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Yearly Archives: 2018

DP World and Indian fund manager to invest up to US$3bn in transportation sector

DP World and India’s National Investment and Infrastructure Fund (NIIF) have agreed to invest up to US$3bn in the country’s ports, terminals, transportation and logistics businesses. The pair have created an investment platform to acquire assets and develop major projects in the maritime sector, which follows on from a memorandum of understanding (MoU) signed by the two in May 2017. ... Read More »

New cranes en route to APMT MedPort facility

Morocco’s APM Terminals (APMT) MedPort Tangier is set to receive the first three of twelve remote controlled ship-to-shore (STS) cranes it has ordered. The super post-Panamax cranes, manufactured by ZPMC in Shanghai, have departed China and are set to arrive on February 15th in Morocco. The new cranes will be able to accommodate 20,000 teu vessels and will give the ... Read More »

UK minister suggests building bridge to France

The shortest distance between the mainland UK and France is just 33km

The UK’s Foreign Secretary has floated the idea of building a bridge over the ‘English Channel’ to France. At an Anglo-French Summit, minister Boris Johnson discussed the idea with French President Emmanuel Macron who is reported to have reacted positively. The idea of a Channel Bridge and a three-lane highway was proposed in 1981 but was rejected as ships would ... Read More »

Ocean Network Express gains final regulatory approval

The three members of the Ocean Network Express have announced that their joint venture has now gained all the regulatory approvals that it needs. The final authority to approve the joint venture between the three Asian carriers was the South African Competition Commission which has just granted approval with conditions requiring measures regarding competition law compliance. The Commission had originally ... Read More »

Hamburg terminals set for Camco VirtualGate app

The app is designed to be easy for truck drivers to use

Camco Technologies has announced that three Hamburg terminals will use the company’s VirtualGate mobile app. HHLA’s three terminals at the port will implement the app which speeds up the process of getting trucks through terminal gates. The app allows truck drivers to pre-register their visit and loading information before entering the terminals, thus gaining time at the gates. To use ... Read More »

Norges Bank excludes Evergreen from pension fund over scrapping practices

Norway’s central bank has excluded Evergreen Marine from one of its two sovereign wealth funds, citing the Taiwanese company’s vessel scrapping practices as causing “serious human rights violations and severe environmental damage”. The fund’s Council on Ethics claimed that “Evergreen Marine has for several years disposed of decommissioned vessels by sending them to be broken up for scrap on the ... Read More »

Dunkirk increases volumes by 10%

Dunkirk is expanding its container capacity

The Port of Dunkirk has increased its container throughput in 2017 despite bad weather hitting some of its key trading partners. Throughput was up by 10% to 374,000 teu at the Northern French port, which is the country’s leading port for containerised fruit and vegetable imports. In a statement, the Port of Dunkirk said: “During 2017, this activity suffered the ... Read More »

Maersk and IBM to form blockchain joint venture

A.P. Moller-Maersk and IBM have announced their intent to establish a joint venture (JV) to provide more efficient and secure methods for conducting global trade using blockchain technology. The pair of companies had already begun working on a blockchain project in June 2016 while other transport and logistics providers including PSA, the Port of Rotterdam and Hyundai Merchant Marine (HMM) ... Read More »

Hodeidah gifted four truck cranes

A donated truck crane arrives in Hodeidah

The Yemeni port of Hodeidah has been given four truck cranes by the United Nations World Food Programme. The cranes, which are funded by the US government, will allow the port to get more food and relief supplies into the famine-threatened country. The Tadano GT_600EX cranes are mounted on trucks, they can lift containers and will be working straight away ... Read More »