Wednesday , 29 March 2017
Latest News

Author Archives: Federica Ragonese

Hamburg receives Konecranes Gottwald mobile harbour crane

A Konecranes Gottwald mobile harbour crane (MHC) has been delivered to the O’Swaldkai multi-purpose terminal at the Port of Hamburg, Germany. The terminal, which is operated by Hamburger Hafen und Logistik AG (HHLA)’s subsidiary Frucht- und Kühl-Zentrum and terminal operator SEA-invest, is mainly using the G HMK 4406 unit to serve reefer vessels transporting bananas. The new diesel-electric Model 4 ... Read More »

New APMT terminal opens in Mexico

The terminal will be completed between 2027 and 2030

APM Terminals (APMT)’s new semi-automated facility in Lázaro Cárdenas, Mexico, has received its first official vessel call. The terminal was called by the 9,600 teu Maersk Salalah as part of the AC2 Transpacific service from Asia. Now that the first phase of construction is complete, APMT Lázaro Cárdenas Terminal 2 (TEC2) has a capacity of 1.2m teu, occupies an area ... Read More »

Hapag-Lloyd suffers 66% operating profit drop

German shipping company Hapag-Lloyd has suffered a 66% year-on-year fall in its earnings before interest and taxes (EBIT) in 2016, according to its preliminary results. EBIT went down from €366.4m (US$406.7m) in 2015 to €126m (US$140m) last year. However, the shipping line recorded a significant increase in its EBIT in the last quarter of the year, from €17.8m (US$18.9m) in ... Read More »

Georgia and Virginia ports to enter agreement

The port authorities of Georgia and Virginia have filed for a US East Coast agreement amid the increase in calls from larger vessels following the expansion of the Panama Canal. The East Coast Gateway Terminal Agreement is expected to help increasing efficiency of the ports by encouraging a voluntary cooperation in the areas of operational and supply chain efficiencies, safety, ... Read More »

Navis N4 goes live in the Philippines

Navis’s N4 terminal operating system (TOS) has gone live at the Davao International Container Terminal (DICT), located in the southeastern part of the Philippines. According to a statement by the US-based software developer, which is part of Cargotec Corporation, DICT decided to invest in a new TOS to improve its efficiency and throughput. As part of efforts to increase capacity, ... Read More »

Tilbury begins consultations on new terminal

An aerial view of the plan

The Port of Tilbury will begin its pre-planning community consultation in March to seek local views on its proposals to build a new terminal adjacent to the current port. The new facility, known as Tilbury2, will be built on a 152 acre site, which was part of the former Tilbury Power Station, and will include a new pontoon and deep ... Read More »

Court exonerates DP World from all charges in Djibouti case

An international arbitration court has exonerated DP World from all charges of misconduct related to the award of a 50-year concession to operate a container facility in Djibouti. The port operator was taken to the London Court of International Arbitration (LCIA) by the government of Djibouti in 2014 over allegations that it paid bribes to the head of the country’s ... Read More »

APM Terminals increases Port Elizabeth investment

The terminal currently has a 1.5m teu annual capacity

APM Terminals (APMT) has more than doubled its investment plans for its facility at the Port of New York/New Jersey. The terminal operator is now planning a US$200m investment project in its Port Elizabeth facility, compared to the US$70m previously announced. The new investment plans include the purchase of four next-generation ship-to-shore (STS) cranes to handle ultra-large container vessels (ULCVs) ... Read More »

Drewry: Launch of new alliances will cause delays

CMA CGM is the biggest member of the Ocean Alliance

Immediate disruption following the launch of the Ocean Alliance and THE Alliance seems inevitable, according to shipping consultant Drewry. Both the Ocean Alliance, which includes CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line (OOCL), and THE Alliance, which consists of Hapag-Lloyd, NYK Line, MOL, “K” Line and Yang Ming Line, will launch on April 1 this ... Read More »

Chengdu to double trains to Europe

The Chinese city of Chengdu, capital of the country’s Sichuan Province, is expected to more than double the number of cargo trains to Europe this year, according to local media. The Chengdu International Railway Services Company said that almost 1,000 cargo trains will run from the Chinese city to Europe in 2017, compared to 460 run last year. The city ... Read More »