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Xeneta: Jump in contracted freight rates for container ship sector as new contracts finalised

Analytics platform Xeneta has revealed a jump in long-term contracted rates for container ship operators during May, as 2018 rates expire and new contracts push the index upwards. According to the XSI Public Indices Report – based on crowd-sourced data covering over 160,000 port-to-port pairings– global rates leapt by 11.5% across the month, with US rates for imports climbing by ... Read More »

COSCO’s Abu Dhabi Terminal receives two mega-vessels in less than a month

The 21,000 teu M.V COSCO Shipping Solar

COSCO Shipping Ports Limited’s (CSP) Abu Dhabi Terminal at Khalifa Port has received two of the world’s largest mega-vessels within less than a month. When it arrived on May 5, 2019, the M.V COSCO Shipping Pisces was the largest ship ever to call at Khalifa Port however three weeks later the M.V COSCO Shipping Solar dethroned it with a capacity ... Read More »

Total Soft Bank and Globe Tracker to provide real time reefer data into stowage planning

Total Soft Bank Ltd (TSB), a maritime and port logistics software solution provider, and Globe Tracker, which specialises in IoT tracking and monitoring solutions for logistics assets, plan to integrate their solutions for the maritime industry. The aim is to provide real time reefer data visibility onboard vessels and in the cloud by integrating TSB’s solution for stowage planning Cloud ... Read More »

Hutchison Ports and CN to develop new US$575m container terminal at Port of Québec

Hutchison Ports and Canadian National Railway (CN) have signed a long-term commercial agreement with the Québec Port Authority (QPA) to build and operate a new inland deep-water container terminal, known as project Laurentia. The C$775m (US$575m) project, which will be financed primarily through the joint investment of the three partners. The QPA also has ongoing discussions with the federal and ... Read More »

DP World Santos inaugurates logistics warehouse

The warehouse covers 6,000 sq m

DP World Santos has inaugurated a new logistics warehouse that will be used for general loads storage in addition to storing and spawning containers. Sultan Ahmed bin Sulayem, group chairman of DP World Group, said: “We are in operation in Brazil for more than six years and we remain excited and positive about the prospects for growth in our businesses ... Read More »

CMA CGM and MSC join Maersk and IBM’s blockchain platform

CMA CGM and MSC will join TradeLens, the blockchain-enabled digital shipping platform, jointly developed by Maersk and IBM. The pair will operate a blockchain node, participate in consensus to validate transactions, host data, and assume the critical role of acting as Trust Anchors, or validators, for the network. Both will be on the TradeLens Advisory Board which will include members ... Read More »

Maersk Container Industry receives first order from ZIM

MCI's Star Cool integrated reefers

ZIM Integrated Shipping Services has ordered 500 Star Cool integrated reefers from Maersk Container Industry (MCI). The Israeli carrier has offered advanced transport of fruit, meat, medicines and other frozen or refrigerated cargo to its customers for decades. In that time, it has developed technology to support the reefer transport process such as its ZIMonitor system which combines the latest ... Read More »

Navis launches customer-driven update to N4 TOS

Navis has released the newest version of its flagship Terminal Operating System (TOS), N4 3.7, that aims to offer customers new levels of productivity, increased visibility and better insight. The 3.7 upgrade offers advanced general cargo capabilities which enables customers to utilise a single platform for all cargo handles at their terminals helping to increase velocity, safety and volume. Customers ... Read More »

New Hutchison Ports ICAVE terminal receives first vessel

The new ICAVE terminal will soon begin full operations

Hamburg Süd’s Mexico Polar container ship has become the first vessel to dock at the new Hutchison Ports ICAVE terminal in the Port of Veracruz. The vessel, which has a length of 230 m, a width of 37.30 m and a capacity of 3,800 teu, was named in a ceremony at the terminal which is scheduled to soon begin operations. Due ... Read More »