Thursday , 23 November 2017
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Author Archives: Federica Ragonese

DP World reports throughput growth

DP World has reported a 5.7% rise in its gross container volumes in the first quarter of 2017 mainly thanks to growth at its terminals in Europe and the Americas. The port operator handled a total of 16.4m teu across its container terminals, a 5% increase on a like-for-like basis. The company reported growth in all three of its segments, ... Read More »

Maersk starts collaboration with Microsoft

Maersk's chief digital officer Ibrahim Gokcen (left) with Microsoft's Judson Althoff

The Maersk group has partnered with Microsoft to use its cloud computing platform Azure as a single common platform shared by all its transport and logistics businesses. The platform will be used by the group to develop digital products and services across all brands in its Transport & Logistics division. The agreement is expected to help the company use data ... Read More »

Kalmar suffers fall in sales

Kalmar has reported a slight fall in its sales and orders received in the first quarter of 2017. Sales went down by 1% year-on-year to €367m (US$399m) in the months between January and April 2017 from €364m (US$395.7m) in the same period last year. The company’s orders received also fell by 1% year-on-year, going down from €454m (US$493m) in the ... Read More »

CMA CGM and Adani to operate Mundra’s new terminal

The agreement can be extended for ten more years

CMA CGM’s subsidiary CMA Terminals and Adani Ports and Special Economic Zone (APSEZ) have signed a joint venture (JV) agreement to operate a new container terminal at Mundra Port, India, for 15 years. The agreement to operate the new CT4, which was completed three months ahead of schedule, can be extended twice for ten more years. The terminal, which will ... Read More »

Tideworks TOS goes live in San Juan

Tideworks’ cloud-based SaaS terminal operating system (TOS) CitadelMC has gone live at Crowley Maritime’s terminal in San Juan, Puerto Rico. The go-live represents the first part of a multi-phased TOS project, with the final phase expected to be completed at the end of the second quarter of 2017. As part of phase one, the terminal went live with Tideworks’ Mainsail ... Read More »

CMA CGM-backed consortium to take majority stake in Thessaloniki Port

Thessaloniki will become the second Greek port to be privatised after Piraeus

A consortium comprising CMA CGM’s terminal operating-arm Terminal Link, Deutsche Invest Equity Partners GmbH and Belterra Investments has been declared as the highest bidder for a 67% stake in Thessaloniki Port Authority. The total value of the agreement amounts to €1.1bn (US$1.2bn) for Greece’s second largest container port, which is being privatised as part of the terms of the country’s ... Read More »

Yang Ming tries to dispel customers’ fears

Yang Ming has said in a customer advisory aimed at mitigating concerns that its suspension of trading in the Taiwan Stock Exchange is part of a standard procedure for companies implementing recapitalisation. The struggling Taiwanese carrier voluntarily suspended the trading of its stock on the exchange from April 20 to May 3 following the announcement in early 2017 of a ... Read More »

Kuehne + Nagel signs e-commerce agreement with Alibaba

Kuehne + Nagel has signed a Memorandum of Understanding (MoU) with Alibaba.com to provide China-based shippers with e-commerce logistics solutions. The e-commerce partnership between the two companies currently includes only airfreight consignments and less-than-container-load (LCL) solutions. The MoU will lead to closer cooperation with plans to expand the scope of logistics services in the near future to cover air, sea, ... Read More »

Dangerous goods facility opens in Marseille Fos

Groupe Charles Andre (GCA) has opened the first packaged dangerous goods (DG)-dedicated warehouse of the Port of Marseille Fos logistics parks. The 6,000 facility features in a new 34,000 sq m warehouse opened by the French transport and logistics company in Fos Distriport. In addition to the DG area, the €20m warehouse also features space to host 200 containers. Clients were secured for ... Read More »

New Evergreen service to call Subic Bay

The service will call ICTSI's New Container Terminals 1 & 2

Evergreen has launched a new Korea-Taiwan-Philippines (KTP) service calling at ICTSI-operated terminals at Subic Bay Freeport, Philippines. The port rotation of the new service, which is scheduled to make its first maiden call on April 19, will include ICTSI’s New Container Terminals 1 and 2. The weekly service will call Incheon and Kwangyang in South Korea; Kaohsiung in Taiwan; Batangas, ... Read More »