Hapag-Lloyd expects strong earnings growth in Q1

Hapag-Lloyd expects strong earnings growth in Q1
Hapag-Lloyd expects to deliver a significant improvement in earnings during the first quarter of 2021 thanks to exceptionally strong demand for container transport, leading to a much higher level of freight rates. Based on preliminary business figures for the month of January and the current business situation, the carrier predicts that performance...
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Hutchison Ports signs investment and operation agreement for new Saudi port

Hutchison Ports signs investment and operation agreement for new Saudi port
Hutchison Ports has signed an investment and operation agreement with the Jazan City for Primary and Downstream Industries (JCPDI) for JCPDI Port in Saudi Arabia, a new multipurpose port on the coast of the Red Sea. As part of China’s Belt and Road Initiative, JCDPI Port is Saudi Arabia’s closest port to East Asia and ...
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Increase in Chinese rail traffic boosts duisport container volumes

Increase in Chinese rail traffic boosts duisport container volumes
Despite the coronavirus pandemic, container handling at duisport grew by 5% last year to 4.2m teu, marking a new record, as rail freight from China increased significantly. Rail-based freight traffic with China grew by approximately 70% during the past financial year. As of Q2 2020, there were up to 60 trains a week between Duisburg ...
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The ports of Antwerp and Zeebrugge are set to merge

The ports of Antwerp and Zeebrugge are set to merge
The city of Antwerp and the city of Bruges have started a unification process to merge their respective ports which, once completed, will operate as Port of Antwerp-Bruges. Both parties aim to finalise the transaction in the course of 2021 and the transaction is subject to a number of customary suspensive conditions, including approval from ...
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Container throughput rises 13% at Port of Sines

Container throughput rises 13% at Port of Sines
The Port of Sines achieved a 13% increase in containerised cargo volumes last year, marking its third best year since Terminal XXI began operating in 2004. Located in Portugal, the port had lost some services in 2019, handling 1.42m teu, but rebounded last year despite the tough industry dynamics caused by the pandemic. Although the ...
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Demand surge helps Maersk post strong financial results

Demand surge helps Maersk post strong financial results
Maersk’s EBITDA jumped 44% to US$8.2bn last year with a record final quarter of the year for its logistics and terminals business following nine months of growing profitability. Revenue over the whole year grew by 2% to US$39.7bn despite lower volumes in its ocean business and gateway terminals due to the negative impacts from COVID-19. ...
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DP World sees flat growth for FY2020

DP World sees flat growth for FY2020
DP World recorded flat growth across its global portfolio of container terminals in FY2020, up 0.2% at 71.2m teu, despite a 7.6% jump in gross container volumes in Q4 to 19.1m teu. Q4 volumes grew 6.5% on a like-for-like basis, which was mainly driven by India, Europe, Middle East, Africa and the Americas. Sultan Ahmed ...
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Port of Felixstowe completes ro-ro upgrade, hoping for post-Brexit import boost

Port of Felixstowe completes ro-ro upgrade, hoping for post-Brexit import boost
Work to allow the Port of Felixstowe to accommodate larger roll-on roll-off (ro-ro) vessels and improve vessel operational efficiency has been completed, aiming to take advantage of post-Brexit import requirements. Unaccompanied trailer traffic is expected to rise due to potential driver shortages while full import controls on goods from the EU wil...
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Call for interested parties to lease area at Szczecin port

Call for interested parties to lease area at Szczecin port
The Szczecin and Świnoujście Seaports Authority (SSSA) has invited parties to express their interest in the lease of the Westpomeranian Logistics Centre (WLC) in Szczecin port, Poland. The 9.4 ha plot, which has the potential to be used for services, logistics, distribution and production, can be leased as a whole or separately starting from two .....
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Container volumes up 7% at King Abdullah Port

Container volumes up 7% at King Abdullah Port
King Abdullah Port registered a 7% rise in container volumes last year, handling over 2.15m teu, owing to a strong boost in imports at the Red Sea hub. The Saudi Arabian port, which is the region’s first port to be owned, developed and operated by the private sector, enjoyed a 16% increase in containerised imports ...
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Bidding window for freeport status closes

Bidding window for freeport status closes
The application window for ports in England to apply for freeport status closed on February 5, with all the UK’s major seaport operators involved in one or more bids according to the UK Major Ports Group (UKMPG). Bids have been made by operators in regions such as the Thames, Kent, Suffolk, the Humber, Tees, Tyne ...
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Postponed automation decisions affect Kalmar’s 2020 figures

Postponed automation decisions affect Kalmar's 2020 figures
Kalmar’s revenue fell by 11% in 2020 as customers postponed decisions on port automation solutions while demand for smaller cargo handling equipment in industrial segments decreased, owing to the overall drop in containerised trade. However, the manufacturer noted that the pandemic has further strengthened interest in automation and demand for mobi...
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MCI books order for 300 StarCool reefer units in Central America

MCI books order for 300 StarCool reefer units in Central America
Crowley Logistics has ordered 300 energy efficient reefer units from Maersk Container Industry (MCI), marking the company’s third order within a little more than a year. To further enhance the efficiency and eco-friendliness of the units, Crowley has opted to utilise MCI’s StarConomy setting as a default on its entire Star Cool fleet. StarConomy is...
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DP World Santos appoints Fábio Siccherino as new CEO

DP World Santos appoints Fábio Siccherino as new CEO
Leading Brazilian multipurpose terminal DP World Santos has announced that Fábio Siccherino will become its new CEO from the start of April, replacing Dallas Hampton. Siccherino is currently sales and institutional relations officer at the company, which runs one of the country’s largest multipurpose terminals, located on the left bank of the Port...
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MSC launches a dedicated blocktrain from Jinhua to Ningbo

MSC launches a dedicated blocktrain from Jinhua to Ningbo
The first dedicated blockchain from MSC, comprising of 84 teu, has made its way from Jinhua to the Ningbo-Zhoushan port in Eastern China. MSC has provided rail-sea service for customers exporting goods from Jinhua via Ningbo since 2016, however this is the first time it has offered a dedicated blockchain between the two locations. Jinhua ...
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Port of Antwerp installs smart bollards with sensors

Port of Antwerp installs smart bollards with sensors
The Port of Antwerp has installed smart bollards with sensors, developed by Brussels technology company Zensor, in order to enhance safety at the quay walls. The first five bollard monitors have been installed at the North Sea Terminal and five more a planned shortly. Annick De Ridder, port alderman at Antwerp, said: “With this piece ...
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APMT Elizabeth begins using green power, hoping to cut emissions by 45%

APMT Elizabeth begins using green power, hoping to cut emissions by 45%
As part of its decarbonisation plan, APM Terminals (APMT) Elizabeth in the Port of New York/New Jersey has started to use green power from a supplier that offers renewables such as wind and solar. This is expected to reduce CO2 emissions by 45% this year, slashing 7 kg CO2/teu from the current 16 kg CO2/teu ...
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Congestion leads to container volume drop at Port of Oakland

Congestion leads to container volume drop at Port of Oakland
The Port of Oakland’s container throughput declined 11.9% year-on-year in January 2021 as a result of spreading supply chain congestion. Exports, in particular, were down 11.3% and the port attributed the cargo declines to several factors that included late-arriving ships from southern California as up to 60 vessels at anchor waited for berth space...
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CMA CGM to operate new terminal at Port of Alexandria

CMA CGM to operate new terminal at Port of Alexandria
Egyptian authorities intend to enter into a long-term partnership with CMA CGM for the operation and management of the Port of Alexandria’s upcoming multi-purpose terminal, as the French company looks to strengthen its Mediterranean presence. Operations will start next year at Pier 55, which will have an annual container handling capacity of 1.5m t...
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Carrier Transicold adds integration of vessel-based wireless networks to TripLINK

Carrier Transicold adds integration of vessel-based wireless networks to TripLINK
Carrier Transicold has enhanced its TripLINK platform for refrigerated container monitor with capabilities to integrate with vessel-based wireless networks for improved shipboard cargo visibility. With TripLINK, refrigeration unit performance monitoring can be boosted through live analytics, a beta feature for providing refrigeration unit health as...
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