Tuesday , 18 December 2018
Latest News


Maersk introduces alternative to cargo insurance for customers

Maersk has introduced an extended liability solution, Value Protect, as an alternative to cargo insurance with the aim to increase customers’ chance of receiving full compensation if damages occur in transit. Value Protect – valid when the cargo is in Maersk’s custody – covers cargo loss or damage in cases such as fire, accidents due to danger of the sea, ... Read More »

Terminal at JNPT sets new productivity record

BMCT recently received nine more RTGs

Bharat Mumbai Container Terminals (BMCT), a subsidiary of PSA International (PSA), has set a record of 175 moves per hour while working on Hapag-Lloyd’s 9,954 teu capacity M.V Athenian. The facility accomplished this two months after it achieved 155 moves per hour and it has now surpassed PSA India’s previous record of 169 moves per hour, held by its terminal ... Read More »

Medports association outlines 2019 plans

The Medports association has set out its 2019 activity roadmap which includes the adoption of common key performance indicators and a “single window” cargo community system. The roadmap includes other objectives such as the extension of on-shore power supply for ships, a training programme developed by members’ training institutes and the launch of an association website next year. Medports was ... Read More »

India’s first inland waterway terminal begins using mobile harbour cranes

Liebherr has provided two LHM 180 mobile harbour cranes (MHCs) for use at India’s first inland waterway terminal in Varanasi. Located in northern India, 780 km east of the capital Delhi, the facility is the first of four multimodal terminals being constructed on India’s largest river, the Ganga. The equipment, which handled India’s first container cargo transported on inland waterways, ... Read More »

DP World completes Unifeeder acquistion

Unifeeder's network is connected to around 100 ports

DP World has closed the acquisition of feeder operator Unifeeder for €660m (US$750m), aiming to enhance its services in the European market and marking a big step outside of its core container terminal business. Unifeeder, which operates a growing shortsea network in Europe as it serves both deep-sea container hubs and the intra-Europe freight market, is connected to approximately 100 ports. ... Read More »

HHLA establishes joint venture with Hyperloop Transportation Technologies

Hamburger Hafen und Logistik AG (HHLA) and Hyperloop Transportation Technologies (HTT), have formed a joint venture in an effort to work towards transporting containers at high speed through a tube to and from the Port of Hamburg. HTT is one of two companies currently aiming to develop a functional hyperloop – a system that features capsules containing people or goods ... Read More »

Maersk sets goal to be carbon neutral by 2050

Søren Toft, chief operating officer at A.P. Moller - Maersk

Maersk has announced its goal to reach carbon neutrality by 2050, aiming to accelerate the industry’s transition to carbon neutral shipping. In order to achieve this, the carrier has stated that carbon neutral vessels must be commercially viable by 2030 and an acceleration in new innovations and adaptation of new technology is required. In Maersk’s view, as world trade and ... Read More »

Terminal in Tianjin modernises yard with ABB automation solution

The stacking crane fleet is being equipped with ABB's remote supervision solution

Five Continents International Container Terminal (FICT) plans to automate its fleet of 31 rail-mounted stacking cranes using technology from ABB to increase throughput capacity and meet “mega-age” requirements. ABB, working in collaboration with ZPMC, has equipped the cranes with an automation and remote supervision solution and refurbished the equipment with its electrical systems that will be delivered in pre-assembled, containerised ... Read More »

CMA CGM outlines its Bunker Adjustment Formula

CMA CGM has clarified its Bunker Adjustment Formula (BAF), which will take effect on January 1, 2019 to comply with the International Maritime Organisation (IMO)’s low sulphur regulation. The carrier has chosen to use low sulphur fuel (LSFO) to adhere to the new regulation, as the IMO has set a maximum sulphur content threshold of 0.5% for marine fuels from ... Read More »

MSC clarifies Bunker Recovery Charge mechanism

The new surcharge will be implemented from January 1, 2019

MSC has revealed the exact mechanism used to calculate its Bunker Recovery Charge (BRC), which will come into effect January 1 2019 in order to comply with the International Maritime Organisation (IMO)’s 2020 sulphur cap. The formula for the BRC consists of the fuel price per tonne multiplied by the Trade Factor coefficient – fuel consumption per round trip divided ... Read More »