Monday , 23 September 2019
Latest News


CSAV pays heavy price for recovery

CSAV has reported a full year net loss of US$314m, its fourth year of negative earnings since 2008. Cumulative net losses for the Chilean carrier since 2008 have reached US$2.088bn, brought about largely by an abandoned attempt to raise CSAV’s market share in 2009. Read More »

Genk is another Belgian terminal to join InlandLinks

The Belgian Port of Genk

The container terminal at the Port of Genk (Belgium) has joined InlandLinks bringing the total number of terminals to 32: 26 in the Netherlands, three in Germany and two in Belgium. The 2,000 m length tri-modal terminal in Genk has a water side capacity 80,000 teu a year and a twice-weekly inland shipping connection with Rotterdam. Read More »

Be careful with batteries, says insurer

Lithium-ion batteries need to be handled and stored with care in order to minimise the possibility of self-heating and potential fires during transportation, a carrier insurer has warned. Read More »

ILA, NYSA Reach Tentative Contract Deal

The International Longshoremen's Association (ILA) and the New York Shipping Association (NYSA) have reached a tentative six-year agreement on local New York-New Jersey contract issues. The contract covering New York-New Jersey dockworkers still requires rank-and-file ratification. The ILA and NYSA issued a joint statement that they had reached “a settlement that both sides agree will protect ILA members into the future and will allow NYSA-member shippers and carriers to remain competitive in the marketplace.” Read More »

Hutchison buys Asia Container Terminals from DP World and PSA

Hutchison Port Holdings Trust announced yesterday (March 7, 2013) that it had acquired the entire share capital of Asia Container Terminals Holdings Limited which operates Asia Container Terminal 8 West (CT8), for HK$3,167m (US$408m) from joint owners DPW World (55.16%) and Singapore-based PSA China Pte Ltd. Read More »

Brazilian dockers set to fire third salvo in Legislation war

Ports Minister Leonidas Cristino: “We will listen to what the unions have to say but we will not change the core of the legislation.”

Dock workers in many Brazilian ports are preparing to fire off a third salvo of action against the controversial MP (Provisional Measure) 595. This new law proposed by Brazil’s President Dilma Rousseff, has been devised to replace Port Modernisation Law (1993) and Decree 6620 (2008) with the intention of developing rapid port development and attracting around Reais54.2bn (US$27.57bn) investment in the country’s port system. Read More »

Expect US border delays

Due to the automatic federal budget cuts (sequestration) that took effect on March 1, 2013 US Customs and Border Protection (CBP) has indicated that it will reduce its work hours and cut overtime immediately. Read More »

World Bank to assist in Jamaica’s logistics hub plans

Projects under discussion include container throughput growth at the Port of Kingston

Jamaica’s plans to become one of the world’s top four logistics centres have received a major boost after the World Bank committed to providing technical and other assistance for specific aspects of the proposed Global Logistics Hub initiative. Describing it as ‘transformational’ when implemented the Word Bank believes it will significantly enhance Jamaica’s potential for growth Read More »

The IAPH says LNG will be a challenge for global ports

The shipping industry is showing increased interest in the use of LNG (Liquefied Natural Gas) as a fuel for vessels. It is generally expected that by 2015 a number of progressive shipping lines will lead the way and will have LNG-powered vessels in their fleet, presenting a challenge for Ports around the world. Some vessels today are already LNG-powered and more are on order. Read More »