Friday , 23 March 2018
Latest News


Terminal Link set to buy Libra Terminais

Terminal Link is set to buy the Brazilian terminal operator Libra Terminais, according to Brazilian media reports and a local source familiar with the matter. Terminal Link is jointly owned by CMA CGM (51%) and China Merchant Holdings International (49%) and both companies have individually been trying to buy Brazilian terminals for several years. China Merchants recently bought 90% of Terminal ... Read More »

Italian transshipment troubles hit Contship’s results

Volumes fell at Gioia Tauro

A decline in its Mediterranean transshipment business has led to a fall in Contship Italia’s 2017 throughput volumes. In particular, traffic declined at the company’s Southern Italian transshipment terminals in Gioia Tauro and Cagliari. Traffic at Medcenter Container Terminal, Gioia Tauro, was down 12.5% from 2.8m teu to 2.45m teu and traffic at Cagliari International Container Terminal, on the island ... Read More »

Lisbon’s volumes up 26%

The Port of Lisbon has increased its container throughput to 493,253 teu in 2017. The Portuguese port’s volumes rose by 19% in the year – the highest growth rate of any of the national ports in Portugal. Lídia Sequeira, President of Port of Lisbon Authority, highlights that “these figures are very encouraging, specially because they show that the strategy adopted, ... Read More »

Piracy and armed robbery levels at lowest for more than 20 years

Last year witnessed the fewest incidents of piracy and armed robbery against vessels since 1995 according to the International Maritime Bureau (IMB), a branch of the International Chamber of Commerce. A total of 180 incidents were reported to the IMB’s Piracy Reporting Centre in 2017. These were: 136 vessels boarded, 22 attempted attacks, 16 vessels fired upon and six vessels ... Read More »

Cork’s volumes grow by 3.7%

Cork's container terminals grew in 2017

In 2017, the Port of Cork’s container volumes grew by 3.7% in to 217,763 teu at the port’s two container terminals – Tivoli and Ringaskiddy. The Chief Executive of the Port of Cork Company Brenan Keating said: “This increase is a clear indication that consumer markets are beginning to open up with both imports and exports on the rise through ... Read More »

Remote-controlled cranes arrive in Laem Chabang

The cranes were manufactured by ZPMC

Three super post-Panamax quay cranes and eight electric rubber-tyred gantry cranes have arrived at Terminal D in the Thai port of Laem Chabang. Remote control technology has been installed on all the cranes and the terminal, which is run by Hutchison Ports, will be the first terminal in Thailand with remote-control cranes. According to Hutchison Ports, these cranes will play ... Read More »

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 »