Wednesday , 29 March 2017
Latest News


Ocean Alliance announces proposed network

The new Ocean Alliance has announced the proposed network it plans to deploy once its operations start in April next year. The Day One Product document, which was signed by the alliance’s members COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line (OOCL), sets out the network and includes port rotation for each service loop. Approximately 350 ... Read More »

Barcelona launches ambitious environmental strategy

Barcelona plans to convert straddle carriers from diesel to LNG

The Port of Barcelona, Spain, has launched a new initiative aimed at improving air quality through 25 actions including promoting liquefied natural gas (LNG) as an alternative fuel and offering discounts to cleaner ships. The Air Quality Improvement Plan includes projects to support the use of LNG to power ships, terminal machinery and trucks and provide the port with new ... Read More »

PSA orders Terex equipment for new Indian terminal

The RTGs' delivery will be completed in November 2017

PSA has ordered 22 new equipment units from Terex Port Solutions (TPS) for its new terminal under construction at Jawaharlal Nehru Port Trust (JNPT), India. The port operator’s Bharat Mumbai Container Terminal (BMCT), the first phase of which is expected to start operations by the end of 2017, will receive four rail-mounted gantry cranes (RMG) and 18 rubber-tyred gantry (RTG) ... Read More »

Maersk Line suffers US$116m loss

Maersk Line has suffered a US$116m loss in the third quarter of 2016 as average freight rates fell by 16% year-on-year. The world’s largest carrier’s third quarter loss compares to a US$264m profit in the same period last year. The company’s revenue went down by 11% year-on-year to US$5.4bn in the third quarter of 2016 due to the decline in ... Read More »

New hybrid container for breakbulk cargo launched

ATS plans to order at least 100 units next year

Transportation service provider ATS International has developed a new hybrid shipping container specially designed for the handling of breakbulk and oversized cargo. The new Breakbulk Box was successfully test shipped from the Jacksonville Port Authority (Jaxport), Florida, to Puerto Rico. The company, which is currently marketing the prototype container, plans to order at least 100 units in 2017. The new ... Read More »

Terminal in Saint John receives new cranes

DP World has received two new quay cranes at a terminal it will start operating at the Port of Saint John, located in the east of Canada. In August 2016, the terminal operator announced that it signed a 35-year lease to expand and operate the multi-purpose Rodney Container Terminal, which it will begin operating on January 1 next year. The ... Read More »

PortMiami to receive US$33m in state grants

PortMiami has invested US$1.3bn to upgrade its facilities

PortMiami has been allocated state grants worth a total of US$33m over the next five years to support enhancement of its cargo and cruise facilities. A part of the grant allocations will help fund the upgrade of its cargo terminal yards as well as the development of a future inland intermodal facility. According to a statement by the port, the ... Read More »

NYK Line, MOL and K Line agree to merge container businesses

The three biggest Japanese container carriers have agreed to merge their container shipping businesses, and terminal operating businesses everywhere apart from Japan. In the new joint venture (JV), which is subject to regulatory approval from the authorities, Nippon Yusen Kabushiki Kaisha (NYK Line) will hold a 38% share, while Mitsui O.S.K. Lines (MOL)  and Kawasaki Kisen Kaisha Line (K Line) ... Read More »

Busan New Port berths to be deeper than expected

Busan New Port opened in 2006

Two of the three berths to be built as part of Busan New Port’s Phase 2-4 are set to be dredged to 18 m rather than the previously planned 17 m. The news follows the start last month of the applications’ submission process to begin reclamation works for stage 2-4 of the 25-year project, which is expected to be completed ... Read More »

Campaigners accuse IMO of further carbon inaction

Campaigners have criticised the International Maritime Organisation’s (IMO) decision not to finalise an initial strategy to address shipping’s greenhouse gas emissions until 2023. Under proposals submitted to the IMO’s meeting in London on Friday, the emissions reduction strategy will be finalised in 2023, after a three-year project to capture ship-level fuel use data beginning in 2019. According to a statement ... Read More »