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Author Archives: Emmanuel Mair

US regulator approves Ocean Three alliance

CMA CGM, along with China Shipping and UASC, have formed the Ocean Three trade pact

The Federal Maritime Commission (FMC) has approved the Ocean Three (O3) shipping alliance; however, one of the FMC’s five commissioners, Richard Lidinsky, has criticised the decision to approve without a 45-day consideration period. The alliance consists of French-based shipping company CMA CGM, Saudi-based United Arab Shipping Company (UASC) and China Shipping Container Lines (CSCL). Lidinsky said he was shocked that ... Read More »

CMA CGM acquires 7,000 reefer containers

To meet the demands of a growing market, the CMA CGM Group has acquired more than 7,000 last generation ‘high cube’ 40 ft  reefer containers, including 6,000 low-consumption engines. With a total reefer fleet of 185,000 teu, the French shipping company has been increasing its reefer volume by 13% per year and is ranked second, carrying 850,000 teu in the ... Read More »

Massport says it needs investment to handle larger ships

Massport claims it needs extra funds in addition to the US$216m it was allocated for dredging

Quasi-public agency Massport, which is responsible for operating ports in Boston, has said that it needs between US$100m and US$200m by 2022 to cope with the predicted increase in the size and number of vessels calling at its port. To raise the money, the agency is considering privatising the port or selling part of it to property developers. The other ... Read More »

Egypt chooses six firms to dredge Suez Canal

The Government of Egypt has announced that six international firms will be contracted to dredge the new 50km long Suez Canal, with each company receiving US$375m, adding up to US$1.5bn. The chosen companies are: UAE-based National Marine Dredging Company, US-based Great Lakes Dredge and Dock Company; two Dutch companies Royal Boskalis Westminster and Van Oord and two Belgian companies, Jan ... Read More »

ICTSI refutes claims about ‘culture of corruption’ in Manila

The Philippine Senate is investigating the "significant congestion" at the Port of Manila and Manila International Container Port

International Container Terminal Services Inc (ICTSI) has played down comments made last week by its president Christian Gonzalez that corruption and bribery are rampant at Manila’s container terminal. After comments made to a senate committee on trade and commerce, which appeared in the Philippine Star, Narlene Soriano, ICTSI head of public relations, told CM: “This was an ambush interview and ... Read More »

Despite lifting of truck ban, Manila’s congestion will take six months to clear

Congestion at the Port of Manila will take six months to clear, according to the operations chief of the port’s main operator, International Container Services Inc, (ICTSI) Christian Gonzalez. The congestion was caused by a day-time ‘truck ban’ instituted by local government in February, which aimed to clear congestion on Manila’s roads and reduce air pollution. As the port handles ... Read More »

Mumbai crane installation set to halt operations

Jawaharlal Nehru Port will install three new rail-mounted quay cranes

Shipping lines at Jawaharlal Nehru Port (JNP) in Mumbai will be forced to make alternative arrangements as the port trust partially shuts down its container berths for two months from mid-October to install new quay cranes. India’s largest container port, also known as Nhava Sheva, has suffered from intermodal rail delays in recent months;  it is now advising carriers to ... Read More »

Rotterdam cleared over Maasvlakte ECT lawsuit

Maasvlakte I, which ECT alleges, will be "cannibalised"

The district court of Rotterdam has cleared the Port of Rotterdam of abusing power when allocating sites for the second Maasvlakte, after a lawsuit was filed by Europe Container Terminals (ECT). ECT, owned by Hutchison, was claiming €1bn (US$1.27bn) in estimated losses over the award of concession agreements to Rotterdam World Gateway and APM Terminals for new box facilities on ... Read More »

CLdN to switch operations from Gothenburg Ro/Ro to Logent

Ro-ro shipping company CLdN has signed an agreement saying that it will move all its operations from Gothenburg ro/ro (formerly Älvsborg ro/ro) to Logent Ports and Terminals on 15 November. Both are ro-ro terminals  at the Port of Gothenburg on the West Coast of Sweden. Gothenburg is Scandinavia’s biggest container port and Sweden’s second biggest ro-ro port, handling over 500,000 ... Read More »

NYNJ approves intermodal investment

The Port Authority of New York and New Jersey has approved a US$356m investment programme to improve the rail connectivity of the port’s container terminals. Global Terminal in New Jersey which will operate and maintain the facility and contribute around US$15m for rail-mounted gantry cranes, will be able to send and receive containers by rail as next-door Greenville Yard will ... Read More »