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Investment strengthens operations at DP World Southampton

The new straddle carriers arrived fully assembled

Six new Kalmar straddle carriers have arrived at DP World Southampton, coinciding with construction work finishing on the new £150m (US$246m) deep sea container berth at the terminal to prepare the Port of Southampton for the next generation of ultra-large container vessels. Read More »

Big carriers reduce North-South options

Container shipping line consolidation is not only taking place on the major East-West routes but is now also being experienced on North-South trade lanes, according to Drewry Maritime Research. As a consequence there is a reduction in the number of weekly services available to shippers. Read More »

New shareholder boosts Carrix capital for growth

Carrix, Inc. and its parent company, FRS Capital Corp., have announced that the founding Smith/Hemingway family has bought the 49% outstanding shares in FRS Capital Corp from its partners GS Infrastructure Partners (Goldman Sachs) and institutional investors. Read More »

Durres reports 30% teu growth

DCT was privatised last year (2013)

Durres Container Terminal (DCT), Albania’s largest container terminal that was privatised in February last year, handled 108,670 teu in 2013 (83,194 teu – 2012), representing a 30% year-on-year increase. Imports rose by 32% to 55,205 teu, while exports increased 28% to 53,465 teu. Read More »

Contship Italia releases 2013 results

Contship Italia's La Spezia Container Terminal

Contship Italia has reported improved traffic figures across all of its container terminals during 2013, handling 5.2m teu over the course of the year, 919,000 more than the 2012 total. Read More »