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Author Archives: Emmanuel Mair

FMC chairman says more investment needed to tackle port congestion

The chairman of the Federal Maritime Commission (FMC) has claimed the US has “a lot of work to do” to prevent port congestion becoming an ongoing issue for years. At the 2015 Legal Ports Conference in Long Beach, Mario Cordero, chairman of the US’s independent federal regulator, said that the changing dynamics of the industry were a deeper cause of ... Read More »

Puerto Rico Ports Authority denies crisis as Crowley replace Horizon

Crowley will increase its Puerto Rico rotation

The Puerto Rico Ports Authority has denied that the exit from the market of Horizon Lines has caused a serious crisis. Horizon Lines ceased its Puerto Rican domestic service in late 2014, at around the same time it was bought by Matson Inc. The company had transported 30% of Puerto Rico’s imports. The executive director of the country’s Ports Authority, ... Read More »

Container volumes, revenue and profit all up for DP World

DP World is expanding Jebel Ali this year

Terminal operator DP World performed strongly in 2014 increasing its total container throughput by 8.7%, which contributed to healthy revenue and profit growth. Annual results figures released on Thursday revealed that consolidated throughput volume rose from 26.1m teu year-on-year to 28.3m teu, with most of the growth coming from the Middle East, Europe and Africa region. Revenue increased by 11.3% ... Read More »

India to create 101 inland waterways

The Indian government has submitted a bill to parliament which would convert 101 rivers to inland waterways. Minister for road transport, highways and shipping, Nitin Gadkari said: “Promoting waterways is the top-most priority of my ministry. We have identified 101 rivers across the nation to be converted into waterways, which are a much cheaper mode of transport.” He added that ... Read More »

CMA CGM to buy at least three 20,000 teu vessels

CMA CGM is set to make the step-up to 20,000 teu vessels

French shipping line CMA CGM is in talks to buy at least three 20,000 teu container ships at a total cost of around $420m. Deliveries will start in 2017 according to Wall Street Journal sources, with the vessels set to be utilised between Asia and Europe on the world’s busiest ocean trade route. South Korea-based Hanjin Heavy Industries & Construction ... Read More »

Port of Houston orders nine RTGs from Konecranes

Finnish manufacturer Konecranes has received an order for nine rubber tired gantry (RTG) cranes from the Port of Houston Authority. Houston’s Bayport container terminal will receive the cranes in mid-2016, bringing the total of Konecranes RTGs at the port to 69. The nine RTGs on order will have 16 wheels each, a lifting capacity of 40 LT, a stacking height ... Read More »

Indonesia set to see new deep-sea ports by 2018

Four of five planned deep-sea port projects to boost sea transport are expected to be ready to begin services by 2018, an Indonesian minister has stated. Indroyono Susilo, coordinating minister for maritime affairs, made the announcement that will see the new ports built at Kuala Tanjung in North Sumatra, Kalibaru in Jakarta, Teluk Lamong in East Java and New Makassar ... Read More »

Russian economic woes affect Global Ports’ volumes

Volumes fell at Global Ports' Petrolesport (PLP) terminal in St Petersburg

Russia’s largest container terminal operator, Global Ports, suffered a difficult 2014, beset by the country’s economic problems, as per its latest results. Gross container throughput declined 4.3% year-on-year to 2.66m teu, down from 2.77m teu in 2013, mainly due to falling volumes at its St Petersburg terminals. Petrolesport (PLP) handled 658,000 teu, a decrease of 7.5% compared to 711,000 teu ... Read More »

ITI targeting 13% traffic increase for 2015

Iquique wants to be a hub port for the south of Peru

Iquique Terminal Internacional (ITI) is aiming to handle 2.4m tonnes of cargo in 2015, which is equivalent to growth of 13% in respect of last year, when it handled 2.1m tonnes. To date, this has involved it in investing US$18.5m to acquire two super post-Panamax gantry cranes and also to overhaul its entire terminal tractor fleet. The second gantry crane ... Read More »

US court orders ILWU to pay out for Oregon disruption

The International Longshore and Warehouse Union (ILWU) has been ordered by a US court to pay US$59,628 for ‘willfully and intentionally’ engaging in work stoppages and slowdowns in the Port of Portland. The order comes after the ILWU’s Local 8 branch was judged to have breached a court injunction at International Container Terminal Services International’s (ICTSI) Oregon Terminal 6 between ... Read More »