Saturday , 20 October 2018
Latest News


Drewry: Container terminal utilisation levels to rise

Drewry's projections

Healthy container port demand growth alongside subdued levels of capacity expansion mean that average terminal utilisation will rise markedly by 2022 according to Drewry’s latest report. The medium term outlook for global container port demand growth is positive thanks to strong underlying economic momentum across the world’s major economies, it said. While there may be clouds on the horizon in ... Read More »

PSA makes first foray into Canadian market

PSA International has signed an investment agreement to acquire 60% of the Ashcroft Terminal (AT) business, marking its entry to the Canadian market. AT is an inland port facility in western Canada, located approximately 300 km east of the Port of Vancouver (PoV), comprising 320 acres of free-hold industrial land. It is the only major privately-owned industrial property in Canada ... Read More »

King Abdullah Port enjoys 51% rise in volumes

Rayan Qutub, CEO of King Abdullah Port

King Abdullah Port, located on Saudi Arabia’s west coast adjacent to the Red Sea, has achieved a very strong first half of 2018 with container volumes up by 50.5%. The port handled 1,236,075 teu in the first six months of the year, building on growth of 21% in 2017. Rayan Qutub, CEO of King Abdullah Port said: “Since the launch ... Read More »

Scope Ratings: Only carriers with biggest fleets will be profitable

Only the container shipping lines with the biggest fleets and the most efficient vessels are likely to turn a profit this year and meet longer-term challenges according to a report from credit rating agency Scope Ratings. Asset optimisation – ensuring ships are always at sea and fully loaded – as well as size and diversification will determine carriers’ success in ... Read More »

Sick launches infrared sensors

The MRS1000

Sick has launched the LMS1000 and MRS1000 infrared LiDAR sensors, aiming to deliver more accurate and reliable distance sensing and measurement, especially in difficult environmental conditions. The sensors, which are suitable for indoor or outdoor use, weigh 1.2 kg and can be factory-fitted or retrofitted to existing equipment. They can be mounted on machinery and gantries or on walls, above ... Read More »

APL unveils Japan-Russia service

American President Lines (APL) has launched a weekly  Japan-Russia service, which it claims is the only of its kind currently available. The Japan Russia Express (JRX) will be jointly operated with Russian logistics firm Fesco and will commence sailing from Yokohama on August 24. Cargo travelling from Yokohama to Vostonchny and Vladivostock will be delivered in seven and nine days respectively, ... Read More »

Transhipment fuels a successful half-year for the Port of Barcelona

Mercè Conesa, Port of Barcelona’s president and José Alberto Carbonell, general

Container volumes at the Port of Barcelona jumped by 18% in the first half of 2018, largely due to a 42% leap in transhipment traffic. Foreign trade also improved with container exports rising by 7.5% to 366,000 teu and imports up by 3.3% to 285,474 teu. By markets, the countries that had most interactions with the Port of Barcelona are ... Read More »

Half-year results show consistent growth for Rotterdam

The port handled 7.1m teu

Container throughput at the Port of Rotterdam increased by 6.2% in the first half of 2018 as the facility recorded growth for the fifth consecutive half-year. Rotterdam handled 7.1m teu between January and June, and established a new record in May with a throughput of 1.24m teu. The performance of the port’s three short sea lanes were mixed, and June’s ... Read More »

Eurotainer appoints APMT as agent for container leasing

Eurotainer US, Inc. has chosen APM Terminals (APMT) Inland Services Argentina as the exclusive agent for the sales and marketing of its tank container leasing services in the South American country. APMT serves the Argentinian market through five inland service depots located in key markets along the full length of the country. The company offers equipment lifecycle management, transportation services ... Read More »

Konecranes reports mixed half-year

Konecranes port solutions sector reported a mixed half-year as orders fell by 10.2% year-on-year to €456.9m (US$534.9m) while both the order book and sales grew. Orders suffered due to an 11.8% decline in the second quarter resulting from a fall in mobile harbour crane orders – although this was slightly offset by rubber-tyred gantry cranes (RTG) orders – but the order ... Read More »