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Monthly Archives: May 2017

Hutchison Ports Sohar launches new smart gate

The system features cameras using OCR technology

Hutchison Ports Sohar has launched a new auto gate system at its container facilities at the Port of Sohar, Oman. The new gate will use smart technologies to allow drivers to go through the gates with no documentation and avoid delays. The system features machine-readable cards storing driver information, cameras using optical character recognition (OCR) to recognise trucks, gate kiosks reading shipping ... Read More »

High bunker prices hit Hapag-Lloyd results

Rate increases are expected to help results later this year

Ongoing bunker price rises contributed to a tough first quarter of 2017 for Hapag-Lloyd with a loss of €62.1m (US$67.9m) despite an increase in transported volumes. Average bunker prices were the highest level seen since June 2015 at US$313 per tonne, up from last year’s figure of US$197 per tonne. During the quarter, the average freight rate was US$20 lower ... Read More »

Liebherr delivers new LHM 800 cranes to Montevideo

Liebherr Maritime Cranes has completed a four-year project to design, build and install two customised mobile harbour cranes (MHCs) for Montecon, a terminal operator at the Port of Montevideo in Uruguay. According to Liebherr, the two LHM 800 units, which the company claimed are the biggest MHCs in the world, were developed at Montecon’s request as there were no cranes of ... Read More »

Maersk remains upbeat despite mixed results

MCI was the group's most improved segment

Maersk Line suffered an underlying loss of US$80m in the first quarter of 2017 although the carrier still expects to improve its underlying result by US$1bn over the calendar year due to higher freight rates. Despite a 4.4% overall increase in freight rates, the shipping line’s results were hit by higher bunker costs. Rates on the East-West trades picked up ... Read More »

Adani’s Ennore terminal to open by mid-June

Adani Group’s new INR 1,270 crore (US$197m) container terminal at Ennore Port (also known as Kamarajar Port) is set to start operations within a month, the port’s chairman and managing director told local media. The terminal, which will have an annual handling capacity of 1.4m teu with a 730 m quay at its completion, will provide a new option for ... Read More »

Port of Rotterdam launches navigation tool

The Port of Rotterdam is Europe's largest port

The Port of Rotterdam Authority has launched an online route planner, providing information on available connections to hinterland destinations via sea, rail or barge. The beta version of the platform, named Navigate, contains deep-sea and short-sea schedules connecting to 550 ports worldwide as well as rail and barge connections between Rotterdam and more than 150 European inland terminals. Emile Hoogsteden, ... Read More »

FMC: Alliances are good for US trade

Marine terminal alliances and carrier ones like the recently formed THE Alliance and OCEAN Alliance can be very beneficial for US exporters, importers and consumers, the Federal Maritime Commission (FMC)’s acting chairman has claimed. According to Michael Khouri, evidence shows that members of the alliances obtain efficiencies and cost-savings which have been historically passed on to domestic consumers, particularly if there ... Read More »

Double digit growth for ICTSI

ICTSI's new joint venture terminal in Buenaventura, Colombia, made a loss

International Container Terminal Services, Inc. (ICTSI) enjoyed a strong first quarter of 2017 with double digit growth across both container throughput and financial results. Volumes rose by 11% to 2,272,647 teu, largely due to growth in emerging markets with contributions from the continuing ramp-up at ICTSI Iraq, and ICTSI Democratic Republic of Congo (IDRC), the company’s new terminal in Matadi, ... Read More »

TOTE Maritime selects remote-monitoring reefer system

TOTE Maritime Puerto Rico will be using ORBCOMM’s VesselConnect solution to remotely manage its fleet of smart refrigerated containers at sea. The carrier, which specialises in moving cargo between the US mainland and Puerto Rico, will use the Global System for Mobile Communications (GSM)-based solution to monitor and control its refrigerated container fleet along the cold chain both on land ... Read More »