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Author Archives: Sid Cass

Chinese premier to visit Duisburg

Web-The-Yuxinou-Train-trave2

As part of his five day trip to Europe, Chinese president Xi Jinping is visiting Duisburg on March 29 in addition to Brussels, Paris and Berlin. “The visit of President Xi Jingping is a great honor for Duisburg. It shows the significance China attaches to the economic and logistics location. said Erich Staake, CEO of Duisburger Hafen AG. Logport in ... Read More »

Southampton’s new container handling facility to open on March 31

DP-World-Southampton2

To be opened on March 31 by four-times Olympic gold medallist Sir Ben Ainslie, the America’s Cup winner will signal the start of operations with the loading of a gold-painted container onto CMA CGM’s 16,000 teu Marco Polo. The 500 m long new berth (SCT 5), the first for nearly 20 years, is designed to handle the largest vessels in ... Read More »

CSAV shareholders set to approve Hapag Lloyd merger

CSAV has secured 84.5% of its shareholders’ agreement for the merger of the company’s containership business with Hapag Lloyd. Hapag Lloyd shareholders have yet to approve the merger. CSAV shareholders who voted against the tie-up or who did not cast their vote will have until April 20 to say if they want to be bought out of the company. If ... Read More »

Port Canaveral begins harbour expansion

Port Canaveral

The US$35m harbour widening and deepening project at Port Canaveral, Florida to allow larger ships greater safety margins for sailing in and out of the port is scheduled to begin next month (April) with completion in November 2014. The project to widen Port Canaveral’s 400 feet (122 m) wide harbour by 100 feet (30 m) and deepen the entrance by ... Read More »

Transnet refutes misleading aspersions

Transnet “has noted with concern misleading and mischievous reports” over the weekend of March 22/23, 2014 intended “to cast aspersions on the integrity and vigour” of the process the company followed in awarding contracts for the supply of 1,064 electric and diesel locomotives. Transnet wishes to confirm that it has absolute confidence in the open and competitive process it ran ... Read More »

Another boost for PSCCHC

Port Said Container Terminal

Port Said Container Terminal (PSCT) in West Port Said operated by state-owned Port Said Container & Cargo Handling Co. (PSCCHC) is continuing with its development plans in order to cope with increased future volumes and container vessel capacities. On March 16, 2014, the company acquired a 17.2ha parcel of land adjacent to the its export warehouse which will increase the ... Read More »

New APM Terminals Elizabeth and Brookfield joint venture

APM Terminals Elizabeth

 APM Terminals and Brookfield Asset Management have announced the formation of a joint venture at APM Terminals’ Port Elizabeth, New Jersey facility, subject to the Port Authority of New York/New Jersey and regulatory approvals which are expected in the next couple of months. The joint venture company, APM Terminals Elizabeth will be equally owned by Brookfield and APM Terminals. The ... Read More »

New CKYHE Alliance

Cosco “K” Line, Yang Ming, Hanjin and Evergreen have agreed in principle to establish a shipping alliance. To be operational only on the trades between Asia and Europe, including the Mediterranean region, it will be called the CKYHE Alliance. Targeted to begin on March 1, 2014 subject to compliance with the relevant regulations, the new alliance will commence operations mid ... Read More »

Record volumes for Khalifa and Zayed ports

Khalifa Port is likely to qualify for inclusion in this year’s CM World Top Container Ports for the first time

Abu Dhabi Ports Company’s (ADPC) Khalifa and Zayed Ports saw increased volumes of container and ro-ro traffic last year. Ro-ro traffic at Zayed Port in the centre of Abu Dhabi grew by 11.7% reflecting increased consumer demand and a growing population. Volumes at Khalifa Port’s container terminal which is operated by Abu Dhabi Terminals increased by 14.6% to 901,722 teu ... Read More »

Increased use of bamboo for container flooring

Bamboo is the most popular flooring

A recent survey by the Container Owners Association (COA) reveals that bamboo has emerged ahead of other alternative flooring systems such as plastic/composite and larch/birch hybrid, as the most popular in terms of availability and price – and is the only alternative to tropical hardwood plywood being produced in any significant volume.  It is estimated that, in 2013, a total ... Read More »