Tuesday , 30 May 2017
Latest News

Author Archives: Federica Ragonese

Myanmar’s new cargo policy draws international criticism

The International Chamber of Shipping (ICS) has urged Myanmar’s government to reassess the negative impact the recently implemented changes to the country’s national cargo collection and release policy are having on the shipping industry and the supply chain. In a letter to Myanmar’s Minister for Transport Thant Sin Maung, the ICS expressed concerns that the new amendments to the policy ... Read More »

Ports America to operate new Nova Scotia port

Ports America and Sydney Harbour Investment Partners (SHIP) have announced an agreement for the promotion, development and management of Novaporte, the container facility in the Port of Sydney, Nova Scotia, on Canada’s East Coast. Ports America, the largest US terminal operator, will market the Novaporte terminal as a Ports America-managed facility and advise on the operational configuration of the terminal ... Read More »

FEPORT calls for new private investment framework

The Federation of European Private Port Operators (FEPORT) has called for the adoption of a real enabling framework for private investment in the European Union (EU). FEPORT claimed that the big challenges currently faced by port operators in the container sector are becoming “unsustainable” in the context of a regulatory framework for ports constantly changing at either national or European ... Read More »

Terex receives new order from Japan

The machine will be delivered in Spring 2017

Terex Port Solutions (TPS) has received an order for a new diesel-electric mobile harbour crane (MHC) for the inland seaport of Otake, southern Japan. The new Model 2 MHC in the G HMK 2204 variant, which will mainly handle containers and general cargo, is expected to be delivered to the port in spring 2017. The unit, which will be the ... Read More »

DP World opens logistics centre in Peru

The company plans to open more logistics centres across the country

Dubai-headquartered port operator DP World has opened a new smart logistics centre in Lurin, Peru, connected by optical fibres to its terminal at the Port of Callao. The centre is expected to deliver information to the port and customs to allow customers to manage the movement of their cargo through the use of electronic devices and smartphones. According to Ahmed ... Read More »

Konecranes to divest from STAHL

Konecranes has signed an agreement with McKinnon Corporation regarding the divestment of its STAHL CraneSystems business, a condition of the European Commission (EC)’s approval of the pending acquisition of Terex’s MHPS segment. The Finnish equipment manufacturer and Terex are not allowed to close the MHPS acquisition until the EC approves the buyer of the STAHL CraneSystems business. The divestment, which ... Read More »

Korea Line pulls out of Long Beach terminal bid

MSC already holds a 46% stake

South Korean bulk carrier Korea Line’s parent company SM Group has pulled out of the bidding process for the purchase of Hanjin shipping’s 54% stake in a container terminal in Long Beach, California, local media reported. According to sources cited by South Korean news agency Yonhap, Korea Line decided to withdraw its bid after struggling to raise funds. The two ... Read More »

US freight infrastructure investments needed to meet demand

The American Association of Port Authorities (AAPA) has claimed that improvements to critical freight infrastructure have not kept pace with current and future demands. In a jointly released report, the AAPA and the American Association of State Highway and Transportation Officials (AASHTO) argued that while states are making progress, there is a significant potential backlog in investment within the country. ... Read More »

Kalmar receives first order for new empty container handlers

WienCont's capacity is set to grow over the next few years

Equipment manufacturer Kalmar has received the first order for its recently launched range of empty container handlers from the Port of Vienna’s WienCont Container Terminal. The order for three new twin lift capability units of Kalmar’s DCG80-100 empty container handler range, which was launched in November this year, is expected to be delivered in April 2017. The port’s subsidiary WienCont ... Read More »

Drewry: cargo ship operating cost to rise

The cost of operating cargo ships is expected to increase in 2017 and beyond, shipping consultancy Drewry has claimed. In its Ship Operating Costs Annual Review and Forecast 2016/17 report, the analyst argued that while the cost of operating cargo vessels fell for two consecutive years, the room for additional significant cost reductions is limited. According to Drewry, the average ... Read More »