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Monthly Archives: May 2018

MSC introduces bunker surcharge

Swiss carrier MSC has introduced a worldwide temporary emergency bunker surcharge on all ocean and land-based cargo to offset a continued surge in bunker prices. Fuel prices are by more than 30% this year, and up by 70% since June, 2017, with prices in Europe exceeding  US$441 per metric tonne. The price of a barrel of crude oil is currently ... Read More »

Ashdod increases crane capacity as competition looms

The cranes will have a height of 60.5 m

Israel’s Port of Ashdod is increasing the height of two ship-to-shore (STS) cranes at a cost of €8m (US$9.14m) in preparation for new competition. The work was commissioned by the facility’s operator, the Ashdod Port Company, with the cranes being raised by 9 m to 44 m, making them the highest STS cranes in Israel, and having their reach extended ... Read More »

East African ports pose investment risks, consultancy warns

Foreign investors pumping money into East African port projects face risks such as poor governance, volatile geopolitics and mounting public debt, according to risk consultancy Allan & Associates. A number of ports located on or near the Horn of Africa, such as the Doraleh Container Terminal (DCT) in Djibouti, the Port of Berbera in Somaliland and Sudan’s Port of Sudan, ... Read More »

Lyon Terminal opts for two Liebherr reachstackers

The units have a maximum lifting capacity of 45 tonnes

Lyon Terminal has received the first of two LRS 545 reachstackers ordered from Liebherr, with the second to arrive by the end of the year. The river port of Lyon, located on the Rhone River with a direction connection to the Mediterranean Sea, handled 137,000 teu in 2017. The French logistic company is known for its European rail terminal, which can ... Read More »

Cress launches RTG energy capture, storage and reuse system

Cress Systems has commercially released its ProwESS energy capture, storage and reuse system for container terminal yard handling equipment following a proof of concept trial at the Port of Felixstowe. The first version of the system has been designed for rubber-tyred gantry (RTG) cranes with a second version under development for straddle carriers. Originally developed in the laboratories of energy giant ... Read More »

Port of Baro orders Konecranes Gottwald mobile harbour crane

The Port of Baro, the northernmost port in Nigeria, has ordered a Konecranes Gottwald Model 2 mobile harbour crane, to be mainly used for handling containers and general cargo. Nigerian company First Index Project and Services Ltd., operating as a public sector supplier, purchased the diesel-electric crane for the National Inland Waterways Authority (NIWA). The crane’s main components, pre-tested in ... Read More »

Maersk performance in first quarter “unsatisfactory”

Maersk's first block train travelled between China and France in late 2017

Maersk made an underlying loss of US$239m in the first quarter of 2018 as higher unit costs, owing to bunker price rises and worse exchange rates, hit its container shipping segment. The conglomerate’s revenue grew by 30% to US$9.3bn – 10% excluding  Hamburg Süd – although this failed to lift the gloom from a difficult quarter. A statement from the ... Read More »

Kalmar to supply three RTGs to Port of Buatan

Kalmar has concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three SmartPower rubber-tyred gantry (RTG) cranes for its container yard at the Port of Buatan in Indonesia. RAPP, a subsidiary of APRIL Group – one of the world’s leading producers of pulp and fine papers – operates a pulp and paper mill in Riau Province on ... Read More »

MSC ceases Iran operations

MSC had resumed calling Iran's Bandar Abbas in December 2015

MSC is ceasing to provide access to services to and from Iran following President Donald Trump’s decision to withdraw the US from the Iran nuclear deal. The Switzerland-based carrier noted in a statement that it had made the decision “in consideration of the impending US withdrawal from the Joint Comprehensive Plan of Action (JCPOA), and corresponding re-enlargement of its sanctions ... Read More »