Saturday , 24 February 2018
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Author Archives: Emmanuel Mair

Second phase of ICTSI’s Basra investment underway

Basra Gateway Terminal

The phase two expansion of Basra Gateway Terminal (BGT) is underway, with 400 m of quay and a 14 m draught to be completed by the third quarter of 2019, enabling vessels of up to 9,000 teu to be handled. On completion of this phase, the terminal operator International Container Terminal Services, Inc. (ICTSI) will have invested US$250m, the lion’s ... Read More »

Evergreen orders eight 11,000 teu vessels

Evergreen Marine Corp. (EMC) has agreed with Samsung Heavy Industries (SGI) to order eight 11,000 teu container ships. Four ships will be owned by EMC’s subsidiary, Greencompass Marine S.A. and a further four by Evergreen Marine (Hong Kong) Ltd. The newbuildings are planned to be delivered from the first quarter of 2020 through the second quarter of 2021. According to ... Read More »

CMA CGM introduces new system to transport liquids by container

The solution is based on a single-use bag within the container

CMA CGM has launched the Reeflex, a containerised system to transport liquids by controlled temperature as an alternative to break bulk. The solution allows or the transportation of liquids (juices, milk, compotes, syrup and all kind of oils) in a single bag with a capacity ranging from 12,000 to 24,000 litres. It is available on reefer containers of 40 ft and ... Read More »

Carrier Transicold offers lower GWP refrigerant for PrimeLINE units

Carrier Transicold is offering a provision to use the R-513A refrigerant with its PrimeLINE contianer unit for customers seeking a refrigerant with lower global warming potential (GWP). The option acts as a hedge against potential regulatory changes that may affect the availability and prices of traditional hydrofluorocarbon (HFC) refrigerants. Willy Yeo, director of marketing, global container refrigeration, Carrier Transicold, said: “Phasedowns ... Read More »

DP World handles 70m teu over global portfolio

Volumes at DP World's flagship Jebel Ali terminal remained stable

DP World handled 70.1m teu across its global portfolio of container terminals in 2017, with gross container volumes up by 10.1% on a reported basis and by 9.7% on a like-by-like basis. Both growth figures significantly exceeded Drewry Maritime’s global container throughout growth estimate of 6% for 2017. In the fourth quarter, the global portfolio grew 10.3% year-on-year on a ... Read More »

Kingston Freeport Terminal adds straddle carriers

Kingston Freeport Terminal has ordered eight Konecranes Noell straddle carriers, aiming to strengthen its container handling operation at Kingston Container Terminal in Jamaica. The facility already operates 25 Konecranes Noell straddle carriers, mainly of the N SC 644 E type. These are diesel-electric straddle carriers that stack containers one-over-three, offering a built-in growth path to automated operation as well as prioritising eco-efficiency ... Read More »

Volumes up 10% at Marseille Fos

The Port of Marseille Fos had a strong 2017, with container volumes rising by 10% to hit 1.4m teu. The double-digit increase at the Fos deepsea terminals was aided by three new services at Marseille. Turnover increased by 7.3% to €160m and capital expenditure on infrastructure approached €50m,  including the development of 55 ha of logistics park surfaces and completion ... Read More »

Strong results at Sines

Sines is Portugal's busiest container port

Container volumes rose by 10.3% at the Port of Sines in Portugal, with a total throughput of 1.67m teu in 2017. For the first time since it began operating, back in 2004, the Container Terminal – Terminal XXI, took the top spot in terms of handling rates, accounting for nearly 42% of the total handled. Volumes at the Multipurpose Terminal ... Read More »

Norges Bank excludes Evergreen from pension fund over scrapping practices

Norway’s central bank has excluded Evergreen Marine from one of its two sovereign wealth funds, citing the Taiwanese company’s vessel scrapping practices as causing “serious human rights violations and severe environmental damage”. The fund’s Council on Ethics claimed that “Evergreen Marine has for several years disposed of decommissioned vessels by sending them to be broken up for scrap on the ... Read More »

Maersk and IBM to form blockchain joint venture

A.P. Moller-Maersk and IBM have announced their intent to establish a joint venture (JV) to provide more efficient and secure methods for conducting global trade using blockchain technology. The pair of companies had already begun working on a blockchain project in June 2016 while other transport and logistics providers including PSA, the Port of Rotterdam and Hyundai Merchant Marine (HMM) ... Read More »