Wednesday , 19 September 2018
Latest News

Monthly Archives: March 2018

Global Ports’ volumes accelerate into the New Year

First Container Terminal is Russia's largest container facility

The container throughput of Global Ports, the Russian terminal operator, rose by 16% to 4.4m teu in 2017 following strong performances in both imports and exports. The second half of 2017 proved crucial to this growth as throughput rose by 11.8%, while in the first half of the year container volumes grew by 6.8%. This acceleration has continued into 2018, with ... Read More »

Rotterdam outlines green energy plans

The Port of Rotterdam has outlined its plans to bring down CO2  and NOx emissions within its facility, with the aim of making it carbon-neutral. The facility has unveiled a range of new initiatives which include carbon capture and storage, the conversion of waste into ‘green’ methanol, the use of residual heat from the facility as a heating source for ... Read More »

CVS Ferrari completes Asian deliveries

A CVS Ferrari reachstacker

Italian handling equipment company CVS Ferrari delivered four reachstackers to three Asian customers in the final quarter of 2017. Kudos Trucking in the Philippines received its third F500.RS2 reachstacker of the year, which was put to use at the General Santos Port. The Filipino company also received an ECH8.08 empty container handler, and also placed an order for an additional F500.RS2 ... Read More »

Somali government rules against DP World

The Government of Somalia has declared that all contracts with DP World are “null and void” following controversy surrounding the country’s Port of Berbera. Nearly all 170 members of the Somali parliament voted in favour of the motion, declaring that a recent agreement to sell a 19% stake in the Berbera facility to land-locked Ethiopia was “contrary to the constitution ... Read More »

OOCL volumes up as parent company returns to profit

OOCL received five new vessels in 2017

Container volumes at Orient Overseas Container Line (OOCL) grew by 3.6% to 6.3m teu in 2017, while the carrier’s parent company returned to profit. Volumes on OOCL’s Trans-Pacific and Asia-Europe routes performed considerably well, growing by 16.3% and 19.7% respectively. Orient Overseas (International) Limited (OOIL), which counts OOCL as a subsidiary, recorded a net profit of US$138m in 2017 after ... Read More »

Navis and COSCO Shipping Ports strike agreement

Software company Navis will supply COSCO Shipping Ports’ (CSP) facilities with its N4 terminal operating system (TOS) following a subscription agreement signed by the two companies. CSP, the Chinese state-owned terminal operator, said the agreement was aimed at improving the performance and efficiency at its global terminals, which are spread across mainland China, Southeast Asia, Europe, the Mediterranean and the Black Sea. ... Read More »

Holograms suggested as route to tackling counterfeit trade 

Hologram technology could help track non-counterfeit shipments. Credit: Holoptica

Holograms could be used as part of a track and trace system to help crack down on counterfeit shipments, according to an international trade body. The International Hologram Manufacturers Association (IHMA) suggested using holograms in the maritime sphere after the International Chamber of Commerce (ICC) outlined plans to tackle counterfeit volumes in a new Know Your Customer (KYC) best practices ... Read More »

Throughput grows at International Container Terminal Services Inc.

Container volumes at International Container Terminal Services, Inc.’s (ICTSI) global facilities grew by 5% to more than 9.15m teu in 2017. The operator attributed this growth to activity in emerging markets and improvements at facilities in Iraq, Mexico, the Democratic Republic of the Congo (DRC) and Australia. The Mexican Manzanillo facility welcomed new services in 2017 which boosted throughput, while ... Read More »

One Belt One Road service links China and Netherlands

The service launched at the start of March

A new rail service connecting Amsterdam in the Netherlands and Yiwu in China has been launched as part of the One Belt One Road initiative. The service will link Yiwu in China’s Zhejiang province, in the east of country, with Hutchison Port’s Amsterdam Container Terminal. The service’s first train left Amsterdam for its 11,000 km, 16-day journey at the beginning ... Read More »