Saturday , 21 October 2017
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Author Archives: Federica Ragonese

Valencia to invest in infrastructure 

The Port Authority of Valencia (PAV) and Administrador de Infraestructuras Ferroviarias Company (ADIF) have signed two agreements to improve the rail access to the Port of Sagunto and the Valencia-Zaragoza railway line. The agreements include the creation of a direct rail access to the port that meets a series of technical functional requirements such as access of trains of up ... Read More »

MSC gains full control of Portonave

The terminal has an annual capacity of 1.5m teu

MSC has taken control of 100% of the Portonave Container Terminal at the Port of Navegantes, one of Brazil’s most important export ports and a vital gateway for food exports. MSC’s sister company Terminal Investment Limited (TIL) paid out BRL1.30bn (US$393m) to buy out Triunfo, which previously controlled the other 50% of the port. The Brazilian antitrust authority and regulator ... Read More »

LA and Long Beach ports set to cut emissions

Los Angeles and Long Beach mayors Eric Garcetti and Robert Garcia have signed a joint declaration in a bid to cut emissions from the ports. The declaration set goals for the city-owned ports of Los Angeles and Long Beach to move to zero emissions as part of the two cities’ Clean Air Action Plan (CAAP) by introducing zero-emission yard equipment ... Read More »

New meter for Star Cool reefers

No data loss to third-parties is known to have occurred

Maersk Container Industry (MCI) has introduced an energy meter feature on all MCI Star Cool reefers which logs energy consumption in real time. Once a reefer fitted with the meter is turned on the data provided can be monitored via a modem or manually at any time during the voyage until it reaches its destination. This adds to Maersk’s Remote ... Read More »

Allianz: Improved safety is decreasing large shipping losses

Large shipping losses went down by 50% over the past decade and 16% year-on-year to 85 in 2016, a report by Allianz Global Corporate & Specialty SE (AGCS) has showed. In its fifth annual Safety & Shipping Review 2017, the insurance firm attributed the drop primarily to the development of a more robust safety environment by ship-owners. According to the ... Read More »

Japanese aid organisation buys stake in Cambodian port

The Japan International Cooperation Agency (JICA) has acquired a 13.5% equity stake in the Port Authority of Sihanoukville (PAS), Cambodia. The Japanese aid organisation, which has supported the country’s only deep-water seaport since 1999, bought the stake following the listing of PAS on the Cambodia Securities Exchange. The funds obtained via the initial public offering will be used to increase ... Read More »

Adani in talks to acquire APMT’s stake in Pipavav

APMT currently has a 41.03% stake in GPPL

Adani Ports and Special Economic Zone Ltd (APSEZ) has started talks for the acquisition of APM Terminals (APMT)’s stake in Gujarat Pipavav Port Ltd (GPPL), India. The Adani group’s port operating company participated in a bidding process for APMT’s 41.03% stake in the company, local media reported. If the deal goes through, the company might reportedly try to acquire a ... Read More »

Shipowners urge EU-China climate cooperation

The European Community Shipowners’ Association (ECSA) and the International Chamber of Shipping (ICS) have called for greater EU-China climate cooperation following US withdrawal from the Paris Climate Agreement (PCA). The recent 19th EU-China Summit in Brussels indicated that EU and Chinese leaders are committed to implementing the Paris Agreement. ECSA Secretary General Patrick Verhoeven said: “The withdrawal of the US ... Read More »

Antwerp starts collaboration with Caofeidian Port

A regular liner service will connect the two ports

The Port of Antwerp has signed a collaboration agreement with the Chinese Port of Caofeidian as part of China’s One Belt, One Road (OBOR) strategy. Under the terms of the Memorandum of Understanding (MoU), a regular liner service is set to be introduced between the two ports, which will also have to carry out mutual promotion and exchange of information. ... Read More »

US West Coast not ready for ULCVs

Construction projects near terminals on the US West Coast (USWC) could lead to significant congestion if ultra large container vessels (ULCVs) are introduced before their completion, a weekly report by Drewry has claimed. Road closures caused by work to replace the Gerald Desmond Bridge are affecting traffic flows to and from California’s Terminal Island and will continue to do so ... Read More »