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Monthly Archives: September 2016

Maersk confirms plan to split group

The decision is the result of a strategic review of the group

The Maersk group has confirmed that it will split into an integrated transport and logistics division and an energy segment. The decision follows a group strategic review which was announced after a tough second quarter, in which its shipping line segment posted a US$151m loss. The group also announced that Kim Fejfer will step down from his role as APM ... Read More »

DP World Southampton extends terminal size

DP World Southampton has taken over an extra 11.2 acres of land at the north east edge of the terminal, creating 640 extra ground spaces to store containers and bringing the size of the facility to almost 100 ha. The new land will support operations at SCT 5, the terminal’s newest and largest deep-water berth, which opened in March 2014. ... Read More »

Consortium to acquire Port of Melbourne for US$7.3bn

The transaction is expected to close on October 31

Australia’s Victoria state government has announced that a consortium comprising domestic and global funds agreed to acquire a 50-year lease of the Port of Melbourne for A$9.7bn (US$7.3bn). The winner is the Lonsdale Consortium, which includes infrastructure investment manager Global Infrastructure Partners (GIP), which is backed by China Investment Corp; investment firm QIC; Australia’s sovereign wealth fund Future Fund and ... Read More »

Oakland container terminal makes night gates permanent

The terminal started the trial on June 27

SSA Marine’s terminal in Oakland has announced that it will make night operations permanent following a three-month trial. The port’s Oakland International Container Terminal (OICT), which launched the late night gates trail on June 27, is open Monday to Thursday from 6pm to 3am for truck drivers to haul cargo. According to the port, following the trial launch about 1,300 ... Read More »

PEMA makes new committee appointments

The Port Equipment Manufacturers Association (PEMA) has announced a number of new officers appointed to its committees. Kari Rintanen, manager of port technology research at Konecranes, has become the new chair of the PEMA automation and control technologies (AC&T) committee. Alois Recktenwald, senior key expert of cranes for Siemens process industries and drives, is now the AC&T committee’s vice chair. ... Read More »

Hapag-Lloyd orders 5,750 reefers

Hapag-Lloyd has ordered 5,750 refrigerated containers (reefers) of the latest generation, comprising 5,000 40 ft units and 750 20 ft models. In addition, 1,000 of the new containers are equipped with “controlled atmosphere” technology, which allows various types of fruits and vegetables to be transported for longer periods of time while maintaining a consistent quality. As well as temperature sensitive ... Read More »

London Gateway to provide new service to Australia

The new service will start in January next year

DP World London Gateway Port has announced the introduction of a new service to markets including Australia and the Mediterranean. The new service, which is a combination of CMA CGM’s North European Mediterranean Oceania (NEMO) and Hapag Lloyd’s Europe, Australia Express (EAX) services, will begin calling at the facilities in January 2017. Following the implementation of the new NEMO/EAX service, ... Read More »

Strong reefer trade growth expected

Seaborne perishable reefer trade is expected to grow by an annual average of 2.5% until 2020 according to the latest report by shipping consultancy Drewry. By 2020, seaborne reefer cargo will reach 120m tonnes, the research estimates, although growth will be lower than the 3.1% recorded during the last decade. Drewry expects reefer utilisation to improve as a result of ... Read More »

Charleston Harbour project moves closer to construction

The project is set to be completed by 2020

The 52 ft Charleston Harbour deepening project has moved closer to construction as the US senate passed a legislation for port and port-related infrastructure modernisation projects. The passed 2016 Water Resources Development Act (WRDA) included authorisation for the project, which has thus reached its final stage with the US House of Representatives now expected to give the final authorisation and ... Read More »