Saturday , 17 March 2018
Latest News


COSCO ship runs aground blocking Antwerp Port

The vessel became a tourist attraction before being moved

A ship which ran aground on the banks of the River Scheldt, blocking access to the Port of Antwerp, has now been moved. Ocean traffic to and from the Port of Antwerp was halted after a 14,000 teu vessel ran aground but it was successfully moved on the evening of August 14. The Western Scheldt had been closed to larger ships before ... Read More »

DP World and Suez Canal establish joint company

The heads of DP World and the Suez Canal Authority with Egypt's President Sisi

DP World and the General Authority of the Suez Canal have created a joint company to implement a series of projects in Egypt. The Dubai-based operator plans to carry out an integrated investment plan in the country by establishing an integrated industrial, logistic and commercial zone in the canal’s economic zone. DP World operates Sokhna container port, which sits south ... Read More »

Hong Kong grants block exemption to VSAs

Hong Kong’s Competition Commission has issued a five-year block exemption for vessel sharing agreements (VSAs) between shipping lines while refusing to authorise voluntary discussion agreements (VDAs). The order is subject to certain conditions including that VSA members do not collectively exceed a market share of 40% and that the VSA does not authorise or require shipping lines to engage in ... Read More »

Tecon Rio Grande sets new productivity record 

Tecon Rio Grande managed to perform 140 moves per hour (mph) when handling the Monte Tamaro, which connects Brazil to the East Coast of North America, following the installation of Navis’ N4 terminal operating system (TOS). These statistics represent a significant jump from the previous high of 121.04 mph in 2012, in an operation that required five ship-to-shore (STS) cranes working on ... Read More »

Multi-temperature facility to be built at London Gateway

The facility will be located at the terminal's West Zone (marked in red)

SH Pratt Group is to take a lease on a temperature-controlled distribution facility at DP World London Gateway, with construction to begin in the fourth quarter of 2017. The fruit importer’s new business, Halo, will be located at the 108,555sq ft multi-chambered warehouse, handling multi-temperature products, before distributing them to the UK consumer market. Located within the West Zone of ... Read More »

Amnesty International criticises Nicaraguan government over canal evictions

Amnesty International has denounced the Nicaraguan government over its handling of the proposed Nicaragua Canal, claiming it could lead to the forced eviction of hundreds of families. According to the non-governmental organisation (NGO), an “obscure legal framework” led to the concession of the project being awarded without genuine consultation with affected communities, violating human rights and potentially leaving many people ... Read More »

Panama confirms new canal toll structure

The new tolls become effective on October 1, 2017

The Panamanian government has approved a Panama Canal Authority (ACP) proposal to modify the Panama Canal’s toll structure which provides tariff reductions for neo-Panamax vessels. Vessels carrying between 3,500 teu and 6,000 teu benefit the most, with a reduction of US$20 per teu on the return voyage if they are deployed on the canal’s route in the head and back ... Read More »

New reefer sensor to cater to pharmaceuticals

The PrimeLINE unit with calibration for GDP guidelines

Carrier Transicold has launched a new temperature sensor calibration function for its PrimeLINE container refrigeration units, in an effort to comply with Good Distribution Practice (GDP) guidelines for pharmaceutical transport. Reefer container shipping has lately tried to compete with airfreight over handling temperature-controlled pharmaceuticals, offering lower costs although over a long travel time. The calibration capability will be included in ... Read More »

Strong half-year for ICTSI

Throughput increased by 7% at International Container Terminal Services, Inc. (ICTSI) facilities to 4.5m teu in the first half of 2017, as the company performed well in emerging markets. In particular, it saw operations ramp up in Basra, Iraq, new services in Manzanillo, Mexico and it gained from new terminals in Matadi, Democratic Republic of Congo (DRC), and Melbourne, Australia. ... Read More »

West Port Said tries to lure back customers

Port Said has recovered slightly after a tough 2016

Management in West Port Said have reduced some tariffs while maintaining the reduction rate granted to Egyptian export containers, in a bid to gain customers following a tough period for the port. There will also be increased free storage for import containers, local and foreign exports, while some storage prices will be cut. The terminal operator, Port Said Cargo & ... Read More »