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Durban straddles arrive one month early

DCT now has 27 twin-lift machines

Thirteen new Terex Noell straddle carriers, valued at R126m (US$12.6m), have arrived at the Durban Container Terminal (DCT), Pier 2 more than four weeks ahead of schedule; the original handover was not due to the end of next month (October). Read More »

Melford International Terminal one step closer

On Friday (13th) the Municipality of the District of Guysborough (MODG) and the Government of Nova Scotia have finalised the sale of waterfront lands at Melford, which have been transferred to Melford International Terminal Inc. (MITI) for the construction of a new container terminal, intermodal rail facility and a logistics park. Read More »

Supply chains power shifts to emerging markets

As a percentage of global import and export value, emerging markets have expanded their share over the past four years, according to new research from Transport Intelligence (Ti) a provider of research and analysis dedicated to the global logistics industry. Read More »

Cosco in first Arctic voyage

The Yong Sheng arriving in Rotterdam

The Cosco multi-purpose vessel Yong Sheng has become the first Chinese merchant ship to travel from China to Europe via the Arctic using the Northern Sea Route, or North East Passage. Read More »

KR signs cooperation agreement with PMA

The Korean Register (KR) classification society has signed a memorandum of understanding (MoU) with the Panama Maritime Authority (PMA), allowing cooperation on technical research and for both organisation to work together on a range of international activities. Read More »

Drewry – UASC challenges top players

The US$2bn order by United Arab Shipping Company (UASC) last week for five 18,000 teu vessels and five 14,000 teu vessels, for delivery between late 2014 and mid-2015, is seen by Drewry as challenging the top 12 ocean carriers. Read More »