Monday , 26 August 2019
Latest News


Port of Rotterdam to take its digital shipping app worldwide

The Port of Rotterdam Authority has launched its new company PortXchange Products, which will offer the digital shipping app Pronto to ports around the world over the next few years. The establishment of a separate company will enable partnerships with a variety of global players, noted the port authority. Together with Shell and Maersk, PortXchange will initially offer Pronto to ... Read More »

Hapag-Lloyd posts good half-year operating results

Ballin House, Hapag-Lloyd's headquarters

Hapag-Lloyd has recorded a significant year-on-year improvement in its operating results for the first half of 2019. The group net result increased from -€101m (US$113.4m) to €146m (US$164m) in 2018 while earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to €956m (US$1bn) from €427m (US$479.5m). Included within the €529m (US$594m) EBITDA increase was the positive effect of €217m (US$244m) ... Read More »

Khalifa Industrial Zone cuts fees for over 75% of services

Khalifa Industrial Zone Abu Dhabi (KIZAD), an Abu Dhabi Ports subsidiary, has waived charges for over 75% of its services, in line with the Abu Dhabi Government directive to encourage further investment into the emirate. Three quarters of services will be offered free of charge, while fees for a significant number of the remaining services will also be reduced and ... Read More »

Cleanest container ship to visit US calls at Long Beach

The MSC Jewel, the cleanest container ship to visit the US, which emits 75% less than previous generation vessels, has visited the Port of Long Beach. The vessel, which has a capacity of 14,436 teu, arrived at Total Terminals International’s Pier T facility last month. It is powered by Tier III diesel engines (main propulsion and auxiliary power), which are ... Read More »

Kalmar set to deliver 25 electric terminal tractors to California

A Kalmar Ottawa electric T2E terminal tractor

NFI Industries has ordered 25 Kalmar Ottawa Electric T2E Terminal Tractors to use at its selected distribution centres in California. The equipment uses lithium-ion battery technology and a fully electric powertrain that produces zero emissions at source and its onboard invertor charger allows it to be ‘opportunity charged’ during work breaks. The order was booked in the second quarter of ... Read More »

Abu Dhabi Ports partners with Chinese bank to offer financial services for investors

H.E Falah Al Ahbabi, chairman of Abu Dhabi Ports

Abu Dhabi Ports and Jiangsu Overseas Cooperation Investment Co. Ltd (JOCIC) have signed a five-year agreement with Industrial and Commercial Bank of China (ICBC) to simplify business at the Khalifa Industrial Zone (KIZAD) for Chinese companies. The agreement will see ICBC – through its branches in Abu Dhabi and Jiangsu – provide services for firms being incorporated at KIZD by ... Read More »

Red Sea Gateway Terminal to collaborate with Bangladesh shipping ministry

Saudi Arabia’s Red Sea Gateway Terminal (RSGT) has signed a memorandum of understanding (MoU) with Bangladesh’s ministry of shipping, covering planned investment in multiple port and related infrastructure projects. The agreement also encompasses the sharing of operational expertise for the Bangladeshi maritime sector by RSGT, which is the newest terminal in Jeddah Islamic Port. Chittagong, the primary port of Bangladesh, ... Read More »

TBA Group: Las Palmas brownfield container terminal can triple capacity without expansion

Tripling quay capacity at Operaciones Portuarias Canarias S.A. (OPCSA) terminal can be easily achieved without the need for investment in quay expansion or dredging the existing facility, a study by TBA Group has found. Currently, the terminal handles approximately 800,000 teu but the port software simulation specialist found that this could be increased by at least three times through the ... Read More »

UK to establish 10 Freeports after Brexit

The Port of Tyne has expressed interest in the bidding process

Britain’s international trade Secretary Liz Truss has announced a new Freeports Advisory Panel to advise the government on the establishment of up to 10 Freeports, aiming at boosting the UK’s trade performance post-Brexit. Ports and airports across the UK will be invited to bid to become one of up to 10 Freeports. Freeports are envisaged as hubs for business and enterprise ... Read More »

Global shipping industry responds to proposed modifications to Panama Canal Tolls

The global shipping industry has responded to the Panama Canal Authority (ACP)’s consultation on a proposal to adjust the Panama Canal tolls for vessels. While charges to containerships and cargo ships will remain unchanged, ACP has proposed toll increases for other sectors such as dry bulk (iron ore), tankers, chemical tankers, roll-on roll-off cargo and cruise ships among others. The ... Read More »