Friday , 17 January 2020
Latest News

Monthly Archives: April 2015

Hamburg Süd explains ‘less than satisfactory’ performance

Hamburg Süd increased container shipments by 2.3% last year

The world’s tenth biggest shipping company Hamburg Süd has released a statement analysing its disappointing performance in 2014 and outlining its plans for the future. “Overall, Hamburg Süd achieved a positive, albeit less than satisfactory result from liner services despite difficult market conditions,” the statement said. The company’s cargo volumes grew by only 2.3% to 3.4m teu in 2014 which the company ... Read More »

Kalmar announces double order from ICTSI

The cost of container equipment is going down in general

Kalmar, part of Cargotec, has received two large orders from International Container Terminal Services Inc. (ICTSI) in the Philippines. The order comprises a total of 42 Ottawa terminal tractors, five reachstackers and two rubber-tyred gantry cranes (RTGs) to Manila International Container Terminal (MICT). Meanwhile a second order will include 16 Ottawa terminal tractors and two RTGs to the Subic Bay ... Read More »

Navis set to provide N4 terminal operating system to Baltic Container Terminal 

Navis has announced an N4 terminal operating system (TOS) license agreement with the Baltic Container Terminal (BCT) based in the Latvian capital city, Riga. The TOS from Navis, part of Cargotec and provider of operational technologies, could enable the privately owned container terminal in Riga, to improve productivity and widen search ranges through the implementation of N4. Dmitry Kiselyev, IT manager ... Read More »

Terberg Tractors Malaysia announces Westports contract

The YT220 MKII Terberg terminal tractor will provide productivity and safety to Westports Malaysia

Terberg Tractors Malaysia (TTM) has announced a deal worth US$15m that will see the company supply new terminal tractors to Westports Malaysia Sdn Bhd. The agreement is part of a joint project between the Terberg Group and Sime Darby Industrial Sdn Bhd and will ensure 104 units of the YT220 MKII Terberg terminal tractor are delivered between April and August. ... Read More »

War shuts down Yemen sea ports

Fighting between the Houthi rebels in Yemen and the government, backed by Saudi Arabia and others, has caused a near-complete shutdown of the country’s container ports, hurting humanitarian relief efforts and international trade. On 11 April, Yemen’s foreign minister Riyadh Yassin said: “Yemen has banned entry into its territorial waters and has authorised coalition countries to implement the decision.” Shipping ... Read More »

Transnet appoints Siyabonga Gama as new CEO

South African logistics company, Transnet, has appointed Siyabonga Gama as its new chief executive following the secondment of former head, Brian Molefe, to sister firm, Eskom. Gama, a prominent member of South Africa’s ruling party, the African National Congress (ANC),  will make the step-up from chief executive of Transnet’s freight rail division following 21 years in the company. He has ... Read More »

World’s first LNG powered container ship launched

More than 2,600 people watched the ship's launch

The first container ship in the world to be powered by liquefied natural gas (LNG) has been launched. More than 2,600 people gathered to watch the 3,100 teu Isla Bella take off from San Diego, California, where it was built by US-based shipmakers General Dynamics NASSCO. The 233 m long ship is the first of two identical ships to be built ... Read More »

West Coast container volumes bounce back

Container volumes dropped 19% at the Port of LA in October

The ports of Los Angeles and Long Beach reported surges in container volumes in March, as the West Coast starts to recover from months of congestion and union disputes. The Port of Los Angeles had the second most productive March in its history, handling 791,863 teu, a 17.3% year-on-year increase. Its neighbour, the Port of Long Beach, celebrated its strongest ... Read More »

Konecranes sells four RTGs to TCV in Valencia

Finnish company Konecranes has received an order from TCV Stevedoring Company (TCV) for four rubber-tyred gantry (RTG) cranes for its container terminal in Valencia. The cranes will be delivered in the first quarter of 2016 and will mean that TCV has a fleet of 20 Konecranes RTGs. The 16-wheel RTGs will be equipped with active load control, a diesel fuel ... Read More »