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Suez Canal Container Terminal to open reefer repair hub to all brands

SCCT is Egypt's largest container terminal

Suez Canal Container Terminal (SCCT) plans to open its reefer container inspection and repair hub to all brands, while also launching a dry container inspection and repair hub in October 2019. Until just over a year ago, the terminal faced unnecessary costs for moving and repositioning reefer containers with damaged panels or defects that hadn’t been recorded. Since it opened ... Read More »

MSC’s largest containership completes first voyage from Asia to Europe

MSC Gülsün

The world’s largest container ship, the MSC Gülsün, has completed its landmark maiden voyage from the north of China and has arrived in Europe, MSC announced. Built by Samsung Heavy Industries (SHI) at its Geoje shipyard in South Korea, MSC Gülsün is the first of a new class of 23,000+ teu vessels to be added to MSC’s 2019-2020 global shipping ... Read More »

Lase installs new detection system for unremoved twistlocks in Busan

Lase has launched the Lase Unremoved Cone Detection (UCD) system, which detects whether twistlocks are still connected to the container while being from terminal chassis by yard cranes. Following a successful trial, PNC Busan Port has ordered 69 units of the system, which also detects open doors of containers. The laser specialist highly recommends the system, which is retrofittable for ... Read More »

Solid quarter for Maersk with rate and volume growth

Maersk delivered solid progress in the second quarter 2019 with underlying profit increasing from US$15m to US$134m on the back of increases in volume and freight rates. Total revenue increased slightly to US$9.6bn on par with last year while EBITDA rose by 17% to US$1.4bn. During the first half of 2019, the company formed on sales organisation, with a focus on ... Read More »

USA boosts Port of Hamburg’s 2019 half year container throughput

A total of 3,046 containerships berthed at the port in the first half of 2019

Container volumes for the first half of 2019 rose 7.5% year-on-year at the Port of Hamburg, primarily boosted by new services to ports in the USA, Canada and Mexico. The USA has become the port’s second most important partner for container services due to the 283,000 teu handled in Hamburg with the country since the beginning of the year. The ... Read More »

Port of Tanjung Pelepas breaks its record for container vessel utilisation

The Port of Tanjung Pelepas (PTP) has broken its record for container vessel utilisation following the implementation of the Navis N4 terminal operating system (TOS). PTP handled the MSC Gulsun, the largest container ship in the world, last month, departing with 19,574 teu. The terminal, which is a joint venture between MMC Group and APM Terminals (APMT), has an annual ... Read More »

PSA Thailand and SCG Logistics launch joint venture

The terminal is located along the Chao Phraya River

PSA Thailand and SCG Logistics are investing in the development and operation of the Thai Prosperity Terminal and rebranding it Thai Connectivity Terminal (TCT) as part of an agreement which involves the setting up of a joint venture company called SCG-PSA Holdings. The company will serve as a springboard for potential joint exploration and investment in supply chain related opportunities ... Read More »

Yang Ming records another loss despite volume growth

Yang Ming recorded a net loss of NTD1.95bn (US$63m) during the first half of 2019, citing weaker demand owing to the US-China trade war along with market overcapacity. The result actually means that the carrier has reduced its financial losses by 66% compared to last year, with consolidated revenues rising by 17% to NTD75.48bn (US$2.4bn). Business volumes also increased by ... Read More »

ICTSI’s volumes rise in half year results

ICTSI's Manila terminal

International Container Terminal Services Inc. (ICTSI)’s revenue from port operations for the first half of 2019 has risen 14% year-on-year to US$751.8m as throughput exceeded the 5m teu mark. Volumes rose 7% from 4.7m teu in the first half of 2018 to 5.04m teu with the increase mainly attributed to continuing ramp-up at ICTSI’s operations in Melbourne, Australia and Manzanillo, ... Read More »

Yilport Puerto Bolívar to receive two Gottwald mobile harbour cranes

Yilport Puerto Bolívar has expanded its mobile harbour crane (MHC) fleet to four, with two new Gottwald MHCs scheduled to arrive at the Ecuador facility at the end of August 2019. The two cranes, scheduled to begin operations in November, offer a 58 m working radius, 100 tonnes safe working load, 60 m boom length and are capable of serving ... Read More »