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Monthly Archives: March 2018

Djiboutian terminal signs deal to boost throughput

The deal will represents a 33% increase in throughput

Djibouti’s Doraleh Container Terminal (DCT) has reached an agreement with Pacific International Lines (PIL) which will add 300,000 teu to the facility’s annual throughout. The added throughput represents a 33% increase compared to the current volume handled at the facility and will provide 20% of the terminal’s total annual capacity, which is 1.6m teu. The agreement was made between PIL ... Read More »

New service to connect Hull and Amsterdam

The Port of Hull recently received two new STS cranes

A new service connecting Hull and Amsterdam has been announced which will add 30,000 teu per year to the Port of Hull’s throughput. The Samskip service will begin in mid-March and will depart on Mondays, Wednesdays and Saturdays, and comes off the back of investment in Hull’s container terminal, which is operated by Associated British Ports (ABP). ABP Humber Director ... Read More »

Twill begins operations in Mexico

Digital freight forwarder Twill has rolled out its services in Mexico, meaning the company now operates in five import countries and four export countries. Mexican customers will now be able to use Twill’s platform, which enables users to book, manage and monitor shipments online. Twill has partnered with Maersk’s freight forwarding sector Damco to utilise its existing global footprint, and ... Read More »

Smart sensor start-up integrates with blockchain Distributed Ledger

Nexiot, a developer of smart sensors for non-powered assets in the supply chain, has launched an integration with a blockchain type Distributed Ledger as part of its Digital Logistics Platform. The company’s self-sustaining sensors send messages every five minutes from assets such as rail wagons, shipping containers, and boxes, including updates on location, impact events, border crossing, and mileage. Enhanced ... Read More »

Port division boosts SAAM results

SAAM incorporated Puerto Caldera in 2017

The Chilean port terminals, logistics and towage company SAAM reported a net income of US$60.4m in 2017, an increase of 11% compared with the previous year. SAAM, which operates in Latin America, reported that sales and earnings before interest, tax, depreciation and amortisation (EBITDA) also performed well, growing by 10% to US$684m and 6.8% to US$181.9m respectively. SAAM CEO Macario ... Read More »

Port of Antwerp to collaborate with Dakar

Antwerp and Dakar port authorities have signed a Memorandum of Understanding (MoU) to collaborate more closely, as the Belgian hub seeks to strengthen its links on the West African coast. The Senegalese port of Dakar for its part views the collaboration as a way to position itself as the main regional hub for freight. Dakar, which has an annual freight ... Read More »

Major carriers launch new Asia – Latin America services

The ACSA 1 service

CMA CGM, COSCO and Evergreen have launched three new combined services between Asia, Mexico and the west coast of South America as the shake-up of the region’s dynamics gathers pace following Maersk’s acquisition of Hamburg Sud. According to the French carrier, the new offer, which begins on April 4, 2018, will provide expanded port coverage: ten ports in Asia, three ports in ... Read More »

Evergreen opts for paperless documentation

Evergreen Line has introduced a paperless Bill of Lading (B/L) and dispatch documentation via its ShipmentLink digital portal, hoping to enhance connectivity for exporters and importers with banks, insurers, regulators, customs and port authorities. The new services, provided in partnership with Bolero International, aim to lower shippers’ costs while making data transfer more accurate, efficient, reliable and secure. Container shippers ... Read More »

Ethiopia takes 19% stake in DP World Berbera Port

The signees played down the possibility of competition with Djibouti

The Ethiopian government will acquire a 19% stake in DP World Berbera Port following the signing of an agreement with the terminal operator and Somaliland Port Authority. The deal comes just days after the neighbouring Djibouti government controversially took control of Doraleh Container Terminal (DCT), which DP World was the operator of, citing its poor performance. DP World will hold ... Read More »