HMM returns from three-year hiatus to US East Coast

HMM returns from three-year hiatus to US East Coast
Global Container Terminals (GCT) USA has welcomed the first HMM vessel, the Hyundai Hope, after a three-year hiatus of services to the US East Coast. The 13,154 teu vessel also marked the first larger vessel call of THE Alliance’s EC2 service to GCT Bayonne. The service will now call weekly at GCT Bayonne with vessel ...
Read more

Bolloré, Next4 and IMT Mines Albi to develop AI for container tracking

Bolloré, Next4 and IMT Mines Albi to develop AI for container tracking
Bolloré Transport & Logistics, Next4 and the IMT Mines Albi engineering school have signed a memorandum of understanding to develop new traceability functions for goods flows based on the study of data gathered by Internet of Things (IoT) sensors. The partners are hoping to unlock synergies between their various fields of activity in order to ....
Read more

Konecranes to deliver 30 additional AGVs to Long Beach

Konecranes to deliver 30 additional AGVs to Long Beach
Long Beach Container Terminal (LBCT) has ordered an additional 30 Konecranes Gottwald Automated Guided Vehicles (AGVs) to be delivered in the fourth quarter of 2020. These new AGVs will greatly expand LBCT’s current, complete system of 72 lead-acid battery-driven Konecranes AGVs which includes a Battery Exchange System (BES), transponder navigation...
Read more

Good start to 2020 for Hapag-Lloyd

Good start to 2020 for Hapag-Lloyd
Hapag-Lloyd has seen a 6% increase in revenues during the first quarter of 2020, mainly due to an increase in transport volumes, despite the coronavirus pandemic. Transport volumes increased by 4.3% to more than 2m teu, with an improved freight rate of US$1,094 per teu. However transport expenses increased by almost 10%, disproportionately to reven...
Read more

DP World and Mastercard collaborate on digitising port payments for SMEs

DP World and Mastercard collaborate on digitising port payments for SMEs
DP World has partnered with Mastercard to digitise port ecosystem payment flows, aiming to enable cargo owners and small businesses to pay for their freight-related costs more efficiently and remotely, facilitating their ability to participate in global trade. The programme has been launched through the co-branded Trade Card in the Dominican Republ...
Read more

CMA CGM secures €1.05bn loan backed by French government

CMA CGM secures €1.05bn loan backed by French government
CMA CGM Group has secured a €1.05bn (US$1.13bn) loan guaranteed up to 70% by the French state, as part of the government’s loan scheme established at the end of March in response to the COVID-19 pandemic. The syndicated loan, which is from a consortium of three banks comprising BNP Paribas, HSBC and Société Générale, has ...
Read more

Port of Gdansk: first quarter results hit by COVID-19

Port of Gdansk: first quarter results hit by COVID-19
The Port of Gdansk’s results for the first quarter of 2020 show an 8.3% drop in total volume of goods handled by the port, reflecting the current global COVID-19 crisis. Decreases were recorded in most groups including containers, down 2.1% compared to the same period in 2019, as well as a 23.8% fall in roll-on ...
Read more

Maersk warns of 20-25% slump in volumes

Maersk warns of 20-25% slump in volumes
Despite managing to grow profitability during the first quarter of 2020, Maersk expects volumes in Q2 to decrease across all businesses possibly by 20-25%, as global demand plummets due to the COVID-19 pandemic. The world’s largest container shipping line blanked more than 90 sailings during Q1, leading to a decline of 3.5% in its average ...
Read more

First RMG sale in Canada for Liebherr

First RMG sale in Canada for Liebherr
Liebherr has sold its first rail-mounted gantry (RMG) in Canada as part of an order for Terminal Montreal Inc, which also included a ship-to-shore (STS) crane. Termont Montreal, which opened in 2016, has quickly reached capacity and the new Liebherr equipment will help increase its handling capacity to 600,000 teu. The RMG is able to ...
Read more

HHLA financial results show early impacts of COVID-19

HHLA financial results show early impacts of COVID-19
Hamburger Hafen und Logistik AG (HHLA) has recorded a moderate decrease in revenue and a significant drop in earnings for the first three months of the 2020 financial year. Earnings Before Interests and Taxes (EBIT) fell 38.6% to €36.7m (US$39.9m) while revenue decreased by 3.4% to €355.7m (US$386.7m). Meanwhile, Earnings Before Interests, Taxes, D...
Read more

Panama Canal water levels steady again following record dry season

Panama Canal water levels steady again following record dry season
The Gatun Lake’s water levels can now accommodate a steady 45 ft draught, easing the Panama Canal Authority’s (ACP) worries, after it implemented water saving measures less than three months ago to cope with the fifth driest year at the canal in 70 years. Water levels are higher than projected for the start of the ...
Read more

Home office access points increasingly targeted in cyberattacks

Home office access points increasingly targeted in cyberattacks
A large number of cyberattacks have been aimed at home office access points over the last few weeks, bremenports has warned. Due to the current pandemic, many companies have enabled their staff to work from home within a very short time however not all of the solutions have taken data security aspects fully into account. ...
Read more

First phase of Tema Port expansion completed ahead of schedule

First phase of Tema Port expansion completed ahead of schedule
Meridian Port Services has completed the entire Phase 1 works of the expansion of Tema Port two months ahead of schedule. After two berths at MPS Terminal 3 went live at the end of June 2019, the entire Phase 1 works were due to be completed by June 28, 2020. Board chairman of MPS, Dr. ...
Read more

European ports hit most by cargo vessel call reductions

European ports hit most by cargo vessel call reductions
Many European ports are feeling a greater impact of reduced cargo vessel calls than other regions of the world according to a study from the WPSP-IAPH World Ports COVID19 Task Force, set up by the International Association of Ports and Harbours (IAPH). The European region also has a smaller share of ports now facing capacity ...
Read more

Adani Ports posts positive FY20 results

Adani Ports posts positive FY20 results
Adani Ports and Special Economic Zone Limited (APSEZ) has reported record container handling volumes for the financial year 2020 (FY2020), up 8% year-on-year at 6.25m teu. Overall cargo throughput grew 7% and Mundra continues to be the largest commercial port, handling 139 MMT during the year. Karan Adani, chief executive officer and whole time dir...
Read more

APMT Valencia deploys virtual 4G wireless network

APMT Valencia deploys virtual 4G wireless network
APM Terminals (APMT) Valencia has launched a virtual private LTE network, which uses dedicated radio equipment to service terminals’ applications and services. The network, provided by Telefonica Spain using the 4G licensed frequency it owns within Spain, is part of a global roll-out and can be tailored for optimised performance such as low latency...
Read more

ICTSI’s first quarter results hit by COVID-19 impact

ICTSI’s first quarter results hit by COVID-19 impact
The impact of COVID-19 has been reflected in International Container Terminal Services Inc. (ICTSI) results for the first quarter of 2020 as net income drops 18% to US$59.6m. In addition to COVID-19 related expenses, a lower operating income and an increase in interest on concession rights contributed to the disparity between the US$72.4m recorded...
Read more

Samudera Shipping Line deploys CyberLogitec’s CARA

Samudera Shipping Line deploys CyberLogitec’s CARA
CyberLogitec has deployed CARA, its collaboration platform, at Samudera Shipping Line to support the company in improving its operational efficiency, document accuracy, traceability and safety of special cargo management. Samudera became the first carrier to adopt a platform-based digital solution to manage its special cargo processes as a regional...
Read more

JNPT maintains 80% of import activity in April

JNPT maintains 80% of import activity in April
Import cargo handling last month was at 80% of April 2019 levels at Jawaharlal Nehru Port Trust (JNPT), as the port, which is also known as Nhava Sheva, handled 283,802 teu. Overall throughput was down by 37% when compared to April 2019 levels, although exports are starting to pick up as factories in the hinterland ...
Read more

Fast Freight receives new Combilift product for fast container loading

Fast Freight receives new Combilift product for fast container loading
Fast Freight Srl has become one of the first companies in the world to receive the new Combi-CSS Container Slip Sheet, which is designed for the faster loading of containers. The family-owned freight forwarder, based in Constanta in Romania, handles a wide range of goods and was therefore keen to improve the process of loading ...
Read more

Port of Long Beach joins SEA-LNG coalition

Port of Long Beach joins SEA-LNG coalition
SEA-LNG, a multi-sector industry coalition created to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, has welcomed the Port of Long Beach as a member. The Port of Long Beach is the second busiest container port in the US and the third North American port to join the coalition. SEA-LNG’s ...
Read more

Port of Cork gains new ro-ro service to Zeebrugge

Port of Cork gains new ro-ro service to Zeebrugge
The Port of Cork and Compagnie Luxembourgeoise de Navigation (CLdN) have announced a new weekly roll-on roll-off (ro-ro) service connecting Cork to Zeebrugge, providing customers with a direct link to mainland Europe. The Port of Zeebrugge, Europe’s largest ro-ro handling port, is within 550 km of 60% of the EU’s purchasing power and offers direct...
Read more

SAGT introduces paperless electronic clearance process for imports

SAGT introduces paperless electronic clearance process for imports
South Asia Gateway Terminal (SAGT) has recently introduced a paperless electronic clearance process for import containers in order to comply with social distancing directives issued by the government of Sri Lanka. By eliminating the need for clearing agents to visit the Terminal Documentation centre and eradicating physical interactions, SAGT’s e-c...
Read more

Panama Canal implements temporary relief measures for customers

Panama Canal implements temporary relief measures for customers
The Panama Canal has implemented a temporary adjustment to its reservation system in a bid to provide customers with added flexibility and relief, amid the economic uncertainty resulting from the COVID-19 pandemic. Effective from May 4, 2020, the waterway will implement temporary changes to the requirements for the placement of booking guarantees a...
Read more

Combilift develops the Combi-Ventilate

Combilift develops the Combi-Ventilate
Combilift has developed a splitter device, the Combi-Ventilate, which turns one ventilator into multiple ventilation stations to help aid medical professionals during COVID-19. A Combi-Ventilate is currently undergoing tests with Ger Curley, professor of Anaesthesia & Critical Care at Royal College of Surgeon’s, in Beaumont Hospital. Combilift,...
Read more