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Monthly Archives: December 2016

Brisbane handles its first 8,500 teu vessel

The vessel exchanged approximately 700 containers at the port

The Port of Brisbane has welcomed its first 8,500 teu class vessel, the Maersk Lloyd Don Carlos, representing a “significant milestone” for the Australian port. The arrival follows ongoing work to optimise the port’s navigational channel. Port of Brisbane Pty Ltd (PBPL) CEO, Roy Cummins, stated: “As vessels increase in size and demand grows for Australian ports to take these ... Read More »

Maersk Line agrees to acquire Hamburg Süd

The deal could boost Maersk in the North - South trades

Maersk Line and the Oetker Group have agreed for the Danish carrier to acquire Hamburg Süd, subject to final agreement and regulatory approvals, which are expected by the end of 2017. Hamburg Süd is the world’s seventh largest container shipping line, specialising in the North – South trades and operating 130 container vessels with a container capacity of 625,000 teu. ... Read More »

Drewry: Future port investment under threat

Port operators face a perfect storm according to Drewry

Container shipping lines are endangering future port investment by demanding cuts to terminal handling fees according to a new report by shipping analyst Drewry. According to its ‘Ports and Terminals Insight’, terminal operators face a “perfect storm” of rising costs due to bigger ships, greater business risks from larger liner alliances, softening global demand growth and pressure on terminal handling ... Read More »

NYK Line orders 4,700 new reefer containers

The delivery of 4,700 new 40 ft refrigerated containers ordered by NYK Line has begun. The Japanese carrier procured 5,500 of the same type of containers last year, and the average age of company’s fleet of over 40,000 reefer containers has now fallen to four years. The new order includes 600 Controlled Atmosphere (CA) containers, which have technology that regulates ... Read More »