Friday , 14 December 2018
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East African ports pose investment risks, consultancy warns

Foreign investors pumping money into East African port projects face risks such as poor governance, volatile geopolitics and mounting public debt, according to risk consultancy Allan & Associates. A number of ports located on or near the Horn of Africa, such as the Doraleh Container Terminal (DCT) in Djibouti, the Port of Berbera in Somaliland and Sudan’s Port of Sudan, ... Read More »

Lyon Terminal opts for two Liebherr reachstackers

The units have a maximum lifting capacity of 45 tonnes

Lyon Terminal has received the first of two LRS 545 reachstackers ordered from Liebherr, with the second to arrive by the end of the year. The river port of Lyon, located on the Rhone River with a direction connection to the Mediterranean Sea, handled 137,000 teu in 2017. The French logistic company is known for its European rail terminal, which can ... Read More »

Cress launches RTG energy capture, storage and reuse system

Cress Systems has commercially released its ProwESS energy capture, storage and reuse system for container terminal yard handling equipment following a proof of concept trial at the Port of Felixstowe. The first version of the system has been designed for rubber-tyred gantry (RTG) cranes with a second version under development for straddle carriers. Originally developed in the laboratories of energy giant ... Read More »

Port of Baro orders Konecranes Gottwald mobile harbour crane

The Port of Baro, the northernmost port in Nigeria, has ordered a Konecranes Gottwald Model 2 mobile harbour crane, to be mainly used for handling containers and general cargo. Nigerian company First Index Project and Services Ltd., operating as a public sector supplier, purchased the diesel-electric crane for the National Inland Waterways Authority (NIWA). The crane’s main components, pre-tested in ... Read More »

Maersk performance in first quarter “unsatisfactory”

Maersk's first block train travelled between China and France in late 2017

Maersk made an underlying loss of US$239m in the first quarter of 2018 as higher unit costs, owing to bunker price rises and worse exchange rates, hit its container shipping segment. The conglomerate’s revenue grew by 30% to US$9.3bn – 10% excluding  Hamburg Süd – although this failed to lift the gloom from a difficult quarter. A statement from the ... Read More »

Kalmar to supply three RTGs to Port of Buatan

Kalmar has concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three SmartPower rubber-tyred gantry (RTG) cranes for its container yard at the Port of Buatan in Indonesia. RAPP, a subsidiary of APRIL Group – one of the world’s leading producers of pulp and fine papers – operates a pulp and paper mill in Riau Province on ... Read More »

MSC ceases Iran operations

MSC had resumed calling Iran's Bandar Abbas in December 2015

MSC is ceasing to provide access to services to and from Iran following President Donald Trump’s decision to withdraw the US from the Iran nuclear deal. The Switzerland-based carrier noted in a statement that it had made the decision “in consideration of the impending US withdrawal from the Joint Comprehensive Plan of Action (JCPOA), and corresponding re-enlargement of its sanctions ... Read More »

TS Lines purchases 1,000 PrimeLine reefers

The units will be useful for handling durians

Taiwan’s TS Lines has purchased 1,000 PrimeLine container refrigeration units from Carrier Transicold as it looks to expand its capacity catering to the intra-Asia trade. The carrier’s refrigerated capacity will increase by around 24%, with the units to be installed on a combination of 20 ft and 40 ft containers. High cooling capacity and rapid pulldown are particularly important to ... Read More »

Steady growth at HHLA

Container volumes increased by 2.6% at Hamburger Hafen und Logistik AG (HHLA) in the first quarter of 2018, driven by growth in Asian traffic. An 8.9% rise in Asian traffic was partially offset by a lower share in feeder traffic and higher storage fees, with revenue increasing moderately by 4.9% to €192m (US$227m). Angela Titzrath, chairwoman of HHLA’s executive board, said: ... Read More »

Antwerp receives Silk Road train

The train was loaded with 34 containers

The first train exclusively destined for the Port of Antwerp as part of China’s Belt and Road Initiative (BRI) has arrived at the Belgian hub. The train left the Chinese port of Tangshan in late April and travelled via the border crossing of Alashankou, Kazakhstan, Belarus, Poland and Germany to reach its final destination, having covered a distance of 11,000 ... Read More »