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Monthly Archives: March 2019

Cargotec splits Kalmar into three segments

Cargotec will reorganise Kalmar into three strategic business units: mobile solutions, automation solutions and Navis as of April 1, 2019. Stefan Lampa has been appointed president of Kalmar Mobile Solutions and a member of the Cargotec executive board. Antti Kaunonen, currently president of Kalmar, has been appointed president of Kalmar Automation Solutions while he will continue as a member of the executive ... Read More »

Port of Newcastle CEO: Australia lacks good shipping policy

Craig Carmody, Port of Newcastle CEO

With the government having withdrawn from ports and shipping ownerships, Australian states have become short-sighted when it comes to the port and shipping policy, the Port of Newcastle’s CEO has claimed. Craig Carmody said that national and state policy makers have created a policy misalignment by ceding the space to the private sector which has created risk for Australia’s future. ... Read More »

GE Transportation releases new Port Optimiser capabilities

GE Transportation has launched new functionality to its Port Optimiser platform, aiming to raise real-time cargo visibility in the supply chain. The updates include features that enable beneficial cargo owners (BCOs) to “flag” high-priority containers, enabling them to track cargo across the lifecycle of its movement and receive notifications of delays. Advanced notifications, such as dwell time alerts, have been ... Read More »

DP World to invest in new Kazakhstan infrastructure

DP World group chairman and CEO Sultan Ahmed bin Sulayem with Kazakhstan’s Prime Minister Askar Mamin

DP World has signed two framework agreements with the government of Kazakhstan for Special Economic Zones (SEZ) in Aktau and Khorgos as it reaffirms its commitment to help Kazakhstan’s trade and economic growth. The UAE-based company has been providing management services to Kazakhstan’s main cargo and bulk terminal on the Caspian Sea, the Port of Aktau, and the Khorgos SEZ ... Read More »

Busan New Container Terminal opts for CyberLogitec’s TOS

Busan New Container Terminal (BNCT) has agreed to implement CyberLogitec’s terminal operating system (TOS), OPUS Terminal at its facilities. John Elliott, BNCT’s president and CEO, said: “It is clear to BNCT that CyberLogitec’s proven ability will deliver the reliability, system control and operational flexibility that will lead to improvements in our productivity and efficiency so that we can deliver superior ... Read More »

Colombo to become a smart port within 18 months

A full-scale IT infrastructure drive, featuring upgrades to terminal management and cargo systems,  has begun at the Port of Colombo to turn it into a ‘smart port’ within 18 months. Minister of ports, shipping and southern development Sagala Ratnayaka said: “This is a long-drawn process that will happen over time with rapidly advancing technology. “But our Smart Port initiative will ... Read More »

CMA CGM launches new cost reduction plan for 2019

CMA CGM reported an annual revenue of US$23.48bn for 2018

CMA CGM has launched a global plan to improve its operational performance in 2019 which aims to offer a cost reduction of US$1.2bn, as reported in its 2018 end-of-year results. The shipping line expects to achieve this goal through the optimisation of lines and brands and by further streamlining its processes. Rodolphe Saadé, chairman and CEO of the CMA CGM ... Read More »

US welcomes first Argentinean beef shipment in 17 years

Argentina’s ambassador to the US Oris de Roa with the shipment

Philaport and Holt Logistics welcomed the first shipment of Argentine beef into the US in more than 17 years. Originating from Buenos Aires, Argentina, the shipment will arrive on the Hamburg Süd M/V Rio Barrow and will include several tonnes of Argentine lean beef primarily used for higher end cuts and hamburgers. Since 2001, Argentina has not been allowed to ... Read More »

Xeneta: Negative trend in freight rates reversed

An increase in US export activity and European imports has reversed the downward trend in rates for the container shipping industry, a XSI Public Indices report from Xeneta has shown. The freight rate benchmarking and market intelligence platform has revealed that its index, which utilises a database of over 85m contracted freight rates, has indicated a month-on-month rise in long-term ... Read More »