Thursday , 21 September 2017
Latest News

Author Archives: Emmanuel Mair

DP World’s Prince Rupert expansion is complete

DP World acquired the Fairview Container Terminal in August 2015

DP World has increased Prince Rupert’s Fairview Container terminal capacity from 750,000 teu to 1.35m teu per year upon completing the Phase 2 North expansion project. The upgrades allow Prince Rupert to handle the largest vessels in the world with a carrying capacity upwards of 20,000 teu. The expansion includes three new super-post Panamax cranes, an additional 6,000 ft of ... Read More »

Scientists verify blockchain technology for logistics

A pilot programme testing blockchain technology in the logistics sector has earned the approval of scientists at the University of Copenhagen and maritime technology leads at Blockchain Labs for Open Collaboration (BLOC). The project by Marine Transport International (MTI) and Agility Sciences involved the deployment of their Container Streams system in a supply chain environment. In the pilot, a shared ... Read More »

Hapag-Lloyd posts half year loss following UASC integration

The company integrated with UASC in May

Hapag-Lloyd recorded a net profit of €16m (US$19.2m) in the second quarter of 2017, although posted a loss of €46.1m (US$55.3m) in its half year results. Both figures are considerably better than the carrier’s 2016 second quarter and half year results, which were losses of €44.5m (US$53.5) and €142.1m (US$170.7m) respectively. The half year’s deficit is somewhat attributed to the ... Read More »

Hurricane forces closure of Port of Houston

The Port of Houston closed for several days due to the effects of Hurricane Harvey, which has wreaked catastrophic damage across Texas. The port’s Barbours Cut and Bayport Container Terminals were closed between August 25 and August 31 along with truck in-gates. The Gulf Coast hub’s general cargo facilities also shut on the same day. Roger Guenther, the Port of Houston’s executive ... Read More »

Eurogate Wilhelmshaven to increase labour force by 50%

The terminal receives calls from two global shipping alliances

Eurogate is planning to increase the number of employees at its Wilhelmshaven terminal from 400 to 600, following a rise in alliance calls after the shake-up this year. The facility has seen monthly container throughput on liner services double since May, having gained calls from two of the three global shipping alliances. Mikkel Andersen, managing director of Eurogate Container Terminal ... Read More »

CMA CGM increases South American presence

CMA CGM has added two services linking the East Coast of South America (ECSA) with Northern Europe and the Mediterranean. The Safran service for Northern Europe will begin its journey leaving Rotterdam in late September, heading to nearby ports and then Algeciras. After that, it will call at Santos, Paranagua, Buenos Aires, Montevideo and  Itapoa before heading back to Tangier ... Read More »

Flat half year profits for DP World despite throughput growth

DP World CEO, Sultan Ahmed Bin Sulayem

DP World’s year-on-year attributable profit fell by 0.3% to US$606m in the operator’s half year report, despite solid growth in both container traffic and revenue. Strong volume across all three DP World regions meant gross throughput increased by 8.2% to almost 34m teu, while revenue rose by 9.6% to US$2.295bn. DP World CEO, Sultan Ahmed Bin Sulayem, said: “Our balance ... Read More »

New e-Commerce platform goes live at South African Ports

Transnet National Ports Authority (TNPA) has launched a new, fully integrated e-commerce platform called “Order to cash” to replace the nine year old PortsOnline customer system already in place. The technology will offer customers 24 hour access to ports and allow them to use a self-service facility, hoping to make transacting more efficient.   The company hopes it will improve ... Read More »

DP World Australia orders 38 Kalmar machines

DP World Australia has ordered 38 machines from Kalmar for its new logistics arm, including seven reachstackers, 11 loaded and 20 empty container handlers. DP World Logistics Australia’s Botany Intermodal Terminal has already received 22 units while the remaining equipment is scheduled for delivery by September 2017. The reachstackers will be equipped with K-Motion transmission technology, which aims to secure ... Read More »

CMA CGM to order nine ULCVs

The ships will overtake the OOCL Hong Kong to become the largest container vessels in the world

CMA CGM plans to bolster its fleet with nine new ultra-large container vessels, according to Chinese media outlet China Daily. Shanghai Waigaoqiao Shipbuilding Co has confirmed it received a letter of intent from the French carrier for an order of the 22,000 teu vessels, and the shipbuilders will be responsible for their construction alongside sister yard Hudong-Zhonghua Shipbuilding (Group) Co. ... Read More »