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Monthly Archives: June 2015

Nicaragua canal is no threat to Panama

The environmental and social impact of the canal is of fundamental importance


The president of Nicaragua, Daniel Ortega, said that the canal that the HKND Chinese company intends to construct by 2020 won’t be a threat to Panama, but a complement to the demand of world maritime trade. “We have told the president of Panama that Nicaragua’s channel does not threaten Panama, that they are complementary efforts, other routes that demanded by ... Read More »

Chinese auditor claims COSCO falsified earnings reports

A report by the Chinese government’s National Audit Office on Sunday has concluded that the COSCO group falsified its earnings reports from 2008 to 2013. The report found that the company earned RMB 298m (US$48m) worth of revenue more than it had reported in the period from 2008 to 2013. On top of this, the report alleges, costs of RMB169m ... Read More »

Long awaited Seine-Nord Europe canal gets go ahead

The Canal is part of the Trans-European Multi-Modal Corridors

VNF – the French navigable waterways authority has selected engineering and consulting firms setec and Royal HaskoningDHV to jointly manage the 12 year project to construct provide a canal link extending from France to Belgium. European operator Via Donau of Austria will act as a sub-consultant to the joint venture and support the team with the management and operation of ... Read More »

TCBuen receives ISO 28000 certification for the security of its port services

The Grup TCB subsidiary TCBuen container terminal in the Port of Buenaventura, Colombia has been awarded ISO 28000 certification for security in the supply chain of its port services, consisting primarily of handling and transporting containers. ISO 28000 ensures the safe delivery of goods in compliance with current legislation and establishing mechanisms to respond quickly to emergency situations, to combat ... Read More »

New container train service from Krishnapatnam Port to Bangalore

Loading Krishnapatnam Port's new train service

A new container freight train service began its first journey from Krishnapatnam Port to the Whitefield Depot (WFD) ICD in Bangalore on 19 June, marking what the port calls “a new milestone in its service offerings. The trainload comprised a full load of import laden containers destine for a number of companies in and around Bengaluru city. A Krishnapatnam port spokesman ... Read More »

Convoy information prior to opening of new Suez Canal

Inchcape Shipping Services (ISS), is advising on current Suez convoy information ahead of the new Suez Canal’s inauguration on 6 August . While the construction of the new Suez Canal approaching its final phase, the Suez Canal Authority (SCA), is operating the following programme due to current dredging operations, with digging and dredging expected to be concluded by 15 July: ... Read More »

ACT Burgas goes live with Navis

The ACT Burgas container terminal  in Bulgaria’s Black Sea Port Burgas, has successfully gone live with the Navis N4 terminal operating system (TOS). ACT Burgas operates in one of only two major Bulgarian ports in the Black Sea, and serves as an important East-West transport corridor for trade into the rest of the country. Its decision to modernise port operations ... Read More »

Panama Canal begins filling new Pacific locks

Filling the new locks will take around 90 days

The Panama Canal has just taken another step forward toward the completion of the Canal Expansion Program by beginning to fill the Cocoli’s locks on the Pacific side, following a similar endeavor on the Atlantic side earlier this month. The step marks the start of a methodical phase of compliance and operational testing for the project. “Earlier this month, we ... Read More »

ICTSI Oregon leads effort to end West Coast labour slowdowns

The Preventing Labor Union Slowdowns Act of 2015 (PLUS Act) was introduced last Thursday (18 June) in the US Senate to help prevent the type of maritime labour slowdowns at the Port of Portland and 28 other West Coast ports that disrupted domestic and international trade and nearly brought the US economy to a standstill earlier this year. The PLUS ... Read More »