Wednesday , 19 September 2018
Latest News

Monthly Archives: March 2018

Abu Dhabi Ports signs MoU with Russia

Abdulla Al Hameli, Abu Dhabi Ports and Igor Egorov, TEDC

Abu Dhabi Ports and Russia’s Trade and Economic Council have signed a Memorandum of Understanding (MoU) to strengthen trade links between the UAE and Russia and stimulate economic cooperation between companies from both countries. The MoU will increase awareness amongst Russian companies about investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ). Igor Egorov, ... Read More »

DP World acquires Peruvian logistics provider 

DP World CEO, Sultan Ahmed Bin Sulayem

DP World has acquired Peruvian logistics company Cosmos Agencia Maritima S.A.C. (CAM) for US$315.7m. CAM owns a fully integrated logistics service business (Neptunia S.A and Triton Transport S.A) that offers end-to-end solutions to its customers. The logistics division offers solutions in activities related to foreign trade, product storage and distribution, as well as freight services that facilitate development and implementation of ... Read More »

Simatech Shipping goes live with Xvela app

Simatech Shipping, a leading container feeder operator in Asia, has gone live with Xvela’s cloud-based stowage planning application. Dubai-based stowage planning for Simatech’s fleet of container vessels is now performed “in the cloud” using Xvela’s collaborative SaaS stowage solution. Captain Suhail Mukadam, operations manager at Simatech Shipping, said that the solution was having a “positive impact on the efficiency and ... Read More »

Strong volume growth boosts PSA’s financials

PSA International handled 74.24m teu across its global portfolio last year, representing an increase of 9.8% from the previous year and helping to drive positive financial results. Throughout at its flagship facilities in Singapore increased by 9% to 33.35m teu, while volumes at its terminals outside Singapore reached 40.89m teu, representing double-digit growth of 10.4%. PSA Group revenue rose by ... Read More »

Carrier Transicold and Singamas introduce PrimeLINE ONE reefer

The PrimeLINE ONE unit

Carrier Transicold and Singamas Container Holdings have developed a new refrigerated shipping container, the PrimeLINE ONE, through a joint initiative. To make the new units, refrigeration system components are assembled into custom-configured Singamas containers in a new Carrier Transicold factory located adjacent to Singamas’ new refrigerated container facility in Qingdao, China. This is in contrast to the traditional approach of bolting ... Read More »

Dunkirk awaits gantry crane as expansion kicks on

The work is expected to be complete by 2019

France’s Port of Dunkirk will receive a new gantry crane in May 2018 as part of its Flanders Terminal expansion project. Shortly after receiving the crane the facility will begin dredging to a depth of 16.5 m, with the deepening expected to be finished by the end of autumn. A total of 4m m3  of sand is expected to be ... Read More »

Antwerp to train Brazilian workers

The Port of Antwerp will provide training for maritime professionals in Brazil after signing an agreement with the Brazilian government. A memorandum of understanding between the Antwerp Port Authority and the Brazilian ministry of transport, ports and civil aviation outlines that Antwerp will run a special series of seminars in two already-existing maritime centres in the South American country. Antwerp ... Read More »

DP World throughput up by more than 10% in 2017

The London Gateway terminal won a key contract last year

Last year DP World experienced its highest throughput growth rate since 2011 as container volumes rose by 10.1% to 70.1m teu. The operator’s consolidated throughput, from terminals the International Financial Reporting Standards (IFRS) recognises as being controlled by DP World, rose by 24.7% to 36.5m teu. DP World group chairman and CEO, Sultan Ahmed bin Sulayem, said: “As we look ... Read More »

Main Sri Lankan facility experiences January boost

The Port of Colombo in Sri Lanka recorded a 16.4% year-on-year increase in throughput in January 2018, with transhipment volumes acting as a key driver in the growth. Total volumes at the facility hit 564, 155 teu, with transhipment trade rising by 20.4% to 436,303 teu. The Sri Lanka Ports Authority (SLPA) controlled Jaya Container Terminal (JCT), one of three ... Read More »