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Monthly Archives: June 2017

Adani in talks to acquire APMT’s stake in Pipavav

APMT currently has a 41.03% stake in GPPL

Adani Ports and Special Economic Zone Ltd (APSEZ) has started talks for the acquisition of APM Terminals (APMT)’s stake in Gujarat Pipavav Port Ltd (GPPL), India. The Adani group’s port operating company participated in a bidding process for APMT’s 41.03% stake in the company, local media reported. If the deal goes through, the company might reportedly try to acquire a ... Read More »

Shipowners urge EU-China climate cooperation

The European Community Shipowners’ Association (ECSA) and the International Chamber of Shipping (ICS) have called for greater EU-China climate cooperation following US withdrawal from the Paris Climate Agreement (PCA). The recent 19th EU-China Summit in Brussels indicated that EU and Chinese leaders are committed to implementing the Paris Agreement. ECSA Secretary General Patrick Verhoeven said: “The withdrawal of the US ... Read More »

Qatar shipments suspended as Gulf tensions rise

Ocean Alliance members amongst others have suspended calls in Qatar

Multiple shipping lines have suspended services calling to and from Qatar following the severance of diplomatic ties with the Arab state by Saudi Arabia, the UAE, Egypt, Bahrain and Yemen. DP World’s hub Jebel Ali and Abu Dhabi Terminals are no longer accepting cargo to and from Qatar ports including transhipment cargo. A customer notice from Maersk Line stated that ... Read More »

New cranes for Port Everglades

Florida’s Port Everglades has confirmed the US$41.1m purchase of three Super post-Panamax container gantry cranes in preparation for the facility’s multi-million dollar extension. The new cranes are worth US$13.8m each and unlike the port’s seven existing gantry cranes, which can handle containers stacked five high and 16 across on a ship’s deck, they will able to handle stacks up to ... Read More »

Antwerp starts collaboration with Caofeidian Port

A regular liner service will connect the two ports

The Port of Antwerp has signed a collaboration agreement with the Chinese Port of Caofeidian as part of China’s One Belt, One Road (OBOR) strategy. Under the terms of the Memorandum of Understanding (MoU), a regular liner service is set to be introduced between the two ports, which will also have to carry out mutual promotion and exchange of information. ... Read More »

US West Coast not ready for ULCVs

Construction projects near terminals on the US West Coast (USWC) could lead to significant congestion if ultra large container vessels (ULCVs) are introduced before their completion, a weekly report by Drewry has claimed. Road closures caused by work to replace the Gerald Desmond Bridge are affecting traffic flows to and from California’s Terminal Island and will continue to do so ... Read More »

Zeebrugge signs agreements with CDB and Changjiu Logistics

Joachim Coens, CEO of the Zeebrugge port authority, signing the agreement

The Port of Zeebrugge has signed a Memorandum of Understanding (MoU) with the China Development Bank (CDB) and Changjiu Logistics group to boost funding for Chinese exporters and the Silk Road project. Under the agreement Chinese export companies who intend to establish their European cargo consolidation centres at Zeebrugge will receive financial support from the CBD, who will also provide ... Read More »

Maersk announces contingency plans for Spanish strikes

Maersk has announced contingency plans in light of the announced dock workers strike in Spain, which will affect the APM Terminals (APMT) facility in Algeciras among others. Strikes will be carried out for 24 hours starting from 0800 on June 5, 7 and 9 and as a result will affect the MSC Ilona and SL Illinois which were due to ... Read More »

DP World to take control of Embraport

The Brazilian competition regulator has approved DP World’s purchase of Odebrecht’s 66.7% share in the Embraport terminal at the Port of Santos, Brazil, local media reported. Following the purchase, for which the terms have yet to be finalised, DP World will take full control of the 1.3 m teu terminal. The Brazilian construction company has recently been involved in the ... Read More »