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Monthly Archives: April 2019

Eurogate 2018 results heavily affected by shipping line alliances

Eurogate’s Wilhelmshaven terminal recorded a double digit increase in 2018, acting as a shining light amongst a 20.9% decline in net profit and throughput losses at its other terminals affected by the restructuring of shipping alliances. The group’s net profit for 2018 was €67.3m (US$75.5m) compared to €85.2m (US$95.6m), with the decrease mainly attributed to non-recurring effects which significantly contributed ... Read More »

Strong growth for China Merchants Port Holdings

CM Ports outperformed the  global throughput growth by 0.7%

China Merchants Port Holdings (CM Port) recorded a decrease in throughput at three of its container terminals, despite overall throughput having risen 6.0% year-on-year in 2018 and net profit up by 20.2%. West Shenzhen suffered a 4.4% decrease to 1.06m teu due to the disposal of equity interest of Shenzhen Chiwan in June 2018 and the upgrade and renovation project ... Read More »

Kalmar to deliver terminal tractors to Container Terminal Saint-Petersburg

A total of 16 Kalmar terminal tractors will be delivered to Container Terminal Saint-Petersburg CJSC (CTSP) where throughput has grown 12% year-on-year in 2018. The order was booked in the first quarter of 2019 and the machines are expected to be delivered during the third quarter. The Russian container terminal specialises in handling all types of containerised cargo at its ... Read More »

CMA CGM transfers services from Libra to DP World Santos

CMA CGM has transferred its BRAZEX, SAMWAF and SEAS-1 services from the Libra Terminal at the Port of Santos to DP World’s Santos terminal to ensure continuity of its operations. The first vessels set to call at DP World Santos are as follows: the northbound Barry (BRAZEX) on April 21 and the Rio Centaurus (SAMWAF) on April 24. The Barry ... Read More »

Transnet National Ports Authority invests in the Port of Cape Town

The trailing suction hopper dredger Isandlwana

A maintenance dredging campaign to restore the design depths at certain berths inside Duncan Dock at the Port of Cape Town is scheduled to begin at the start of April. The main objective of the dredging campaign, which will be carried out by Transnet National Ports Authority (TNPA)’s Dredging Services division, is to ensure that the port provides safe navigational ... Read More »

Hapag-Lloyd container vessel suffers fuel spill

A 4,120 teu Hapag-Lloyd container ship suffered a fuel spill during unloading operations in the Global Marine New York Container Terminal. Fuel escaped from the approximately 40 x 40 cm opening, which was detected in the hull of the Dublin Express in the evening of March 28. The hole was sealed during the night and, in addition, containment booms were ... Read More »

COSCO signs low sulphur fuel oil supply agreement

Through the use of low sulphur oil and scrubbers, COSCO hopes to practice "green shipping"

COSCO Shipping Lines has signed a low-sulphur fuel oil (LSFO) supply agreement with Double Rich Limited with the aim to conform to the International Maritime Organisation (IMO)’s 2020 sulphur cap. As part of the agreement, Double Rich will provide fuel oil with sulphur content not exceeding 0.5% m/m in order to comply with IMO’s regulations and to help COSCO realise ... Read More »

PSA chairman Fock Siew Wah retires, to be replaced by deputy

Peter Voser will take on the role as PSA Chairman

The group chairman of PSA International Pte Ltd (PSA), Fock Siew Wah, has stepped down from his role with the current deputy chairman, Peter Voser, set to take his place. Fock, one of PSA’s longest serving chairmen, will assume the role of special advisor to PSA until his retirement on July 31, 2019. He said: “For the past 13 years, ... Read More »

Noatum Ports rebrands to CSP Spain

Spanish port and logistic company Noatum Ports has rebranded itself to CSP Spain, and has changed its corporate name to Cosco Shipping Ports (Spain) Terminals S.L.U. The maritime terminals of the group located in Valencia (Noatum Container Terminal Valencia) and Bilbao (Noatum Container Terminal Bilbao) will now be referred to as CSP Iberian Valencia Terminal and CSP Iberian Bilbao Terminal, ... Read More »