Thursday , 19 September 2019
Latest News


Port of Gdansk begins privatisation process

Poland’s Port of Gdansk Authority has issued a press release stating that it has begun the privatisation of Port of Gdansk Cargo Logistics SA (PGCL), a joint stock Company under Polish Law and the port’s largest multipurpose cargo handling operator. The sale of almost 100% of the shares in PGCL (99.1% belong to Port of Gdansk Authority and the outstanding 0.09% ... Read More »

Chinese premier to visit Duisburg


As part of his five day trip to Europe, Chinese president Xi Jinping is visiting Duisburg on March 29 in addition to Brussels, Paris and Berlin. “The visit of President Xi Jingping is a great honor for Duisburg. It shows the significance China attaches to the economic and logistics location. said Erich Staake, CEO of Duisburger Hafen AG. Logport in ... Read More »

Southampton’s new container handling facility to open on March 31


To be opened on March 31 by four-times Olympic gold medallist Sir Ben Ainslie, the America’s Cup winner will signal the start of operations with the loading of a gold-painted container onto CMA CGM’s 16,000 teu Marco Polo. The 500 m long new berth (SCT 5), the first for nearly 20 years, is designed to handle the largest vessels in ... Read More »

CSAV shareholders set to approve Hapag Lloyd merger

CSAV has secured 84.5% of its shareholders’ agreement for the merger of the company’s containership business with Hapag Lloyd. Hapag Lloyd shareholders have yet to approve the merger. CSAV shareholders who voted against the tie-up or who did not cast their vote will have until April 20 to say if they want to be bought out of the company. If ... Read More »

Port Canaveral begins harbour expansion

Port Canaveral

The US$35m harbour widening and deepening project at Port Canaveral, Florida to allow larger ships greater safety margins for sailing in and out of the port is scheduled to begin next month (April) with completion in November 2014. The project to widen Port Canaveral’s 400 feet (122 m) wide harbour by 100 feet (30 m) and deepen the entrance by ... Read More »

Transnet refutes misleading aspersions

Transnet “has noted with concern misleading and mischievous reports” over the weekend of March 22/23, 2014 intended “to cast aspersions on the integrity and vigour” of the process the company followed in awarding contracts for the supply of 1,064 electric and diesel locomotives. Transnet wishes to confirm that it has absolute confidence in the open and competitive process it ran ... Read More »

Another boost for PSCCHC

Port Said Container Terminal

Port Said Container Terminal (PSCT) in West Port Said operated by state-owned Port Said Container & Cargo Handling Co. (PSCCHC) is continuing with its development plans in order to cope with increased future volumes and container vessel capacities. On March 16, 2014, the company acquired a 17.2ha parcel of land adjacent to the its export warehouse which will increase the ... Read More »

Kalmar to refurbish STS crane at BICT

Work is expected to be complete by August

Kalmar has been awarded a ship-to-shore (STS) crane refurbishment project by the Belawan International Container Terminal (BICT) in Medan, Indonesia. BICT is managed by Pelindo I, one of four state owned Indonesian terminal operators. The terminal, located on the island of Java, serves the Straits of Malacca, the busiest shipping lane in the world. The project involves the refurbishment of ... Read More »

New Red Sea service to launch in May

The CMA CGM Group is preparing to introduce a new service, the Asia Southern Red Sea Express (REX3), a fixed-day weekly service designed to broaden market coverage and improve efficiency. The new service, which starts on 8 May, is in addition to the REX2 service and will improve the Group’s port coverage and help meet the growing demand in the ... Read More »

P3 Alliance granted US approval

The proposed P3 Alliance of Maersk Line, MSC and CMA CGM has won US regulatory approval from the Federal Maritime Commission (FMC). The alliance of the world’s three biggest shipping lines was approved by four votes to one at a meeting of FMC Commissioners on Thursday, the commission said in a statement. The FMC ruling takes effect from 24 March and ... Read More »