Saudi Global Ports (SGP) has commenced the first phase of its upgrade and development programme at the two container terminals in King Abdulaziz Port Dammam by appointing Jacobs Engineering Group as the civil engineering consultant. The operator, which is a joint venture between Saudi Arabia’s Public Investment Fund and PSA International, aims to l...

The European funding programme Connecting Europe Facility (CEF) has awarded €10.91m (US$13m) to the complex project Extra Container Capacity Antwerp (ECA), underlining the importance of the need for future-proof infrastructure. CEF supports projects that have a significant positive impact on the European transport network and the money awarded to E...

Red Sea Gateway Terminal (RSGT) has officially completed its 40% equity sale to Saudi Arabia’s Public Investment Fund (PIF) and COSCO Shipping Ports Limited (CSPL), with each party accounting for 20%. The transactions imply an enterprise value for RSGT of US$880m and a total gross inflow of equity value for the founding shareholders of US$280m. ...

South Carolina Ports (SC Ports) has achieved a record for containers handled at the Port of Charleston, handling 2.55m teu in FY21. The record throughput was handled across Wando Welch Terminal, North Charleston Terminal and Hugh K. Leatherman Terminal and represented a 9.6% increase from FY2020. Jim Newsome, SC Ports president and CEO, said: “Whil...

COSCO Shipping Ports (CSP) has completed the acquisition of 20% of the shares of Red Sea Gateway Terminal (RSGT), which is the leading container terminal operator at Jeddah Islamic Port. RSGT currently has an annual container throughput capacity of 5.2m teu, making it the largest terminal at Jeddah, which is also the largest port in ...

Cai Mep International Terminal (CMIT) has welcomed a new service connecting Vietnam with the US East Coast, as it gears up for a busy period with seven new services calling the port in 2021. The new vessel calls will bring the total number of services calling Cai Mep up to 31 per week, including 19 ...

Container xChange has acquired TankContainerFinder.com, the leading marketplace for tank container leasing and trading, further cementing the company’s position as a leading neutral provider for shipping equipment. Members of Container xChange can now buy, sell and lease every type of tank container and dry container in one location. Johannes Schli...

The Sri Lanka Ports Authority (SLPA) is looking to take steps to expedite work at the new East Container Terminal (ECT) in the Port of Colombo, its chairman Capt. Nihal Keppetipola has said. Speaking at a meeting with the Ceylon Association of Shipping Agents (CASA), he said that a process would be implemented to accelerate ...

RAM Spreaders has launched its 2nd generation twin lift ship-to-shore (STS) spreader that, with its new design, can help deliver high performance for twin lift STS container handling. The new design increases structural strength where needed and reduces the number of components by 10% as well as offering a longer flipper gathering distance, lower s...

Konecranes has delivered two empty container handlers (ECHs) and one forklift to Piraeus Container Terminal S.A. (PCT), joining four additional Konecranes ECHs already operating at the port. PCT, a subsidiary of COSCO Shipping Corporation, ordered the equipment back in October 2020 as its volumes steadily grew. Dimitrios Megalooikonomou, deputy tec...

President Biden has signed an executive order looking to promote competition in the US economy, which features a call for the Federal Maritime Commission (FMC) to act against carriers charging exorbitant fees to exporters. In a statement, the White House noted that the global marketplace in maritime shipping has rapidly consolidated since 2000 when...

Hapag-Lloyd has successfully closed the acquisition of the Dutch container shipping company Nile Dutch Investments B.V, having formally acquired all shares of the company. The purchase agreement was signed in March and now all responsible antitrust authorities have approved the transcation. Rolf Habben Jansen, CEO of Hapag-Lloyd, said: “We are very...

DP World has made a cash offer of around ZAR12.7bn (US$890m) to acquire Imperial Logistics, an integrated logistics company with operations mainly across the African continent and in Europe. The Dubai-based company hopes that the proposed deal will enhance its capabilities in Africa, building on its infrastructure of ports, terminals and economic z...

Duisburger Hafen AG (duisport) has recorded double digit container growth in the first half of the year, up 10% to 2.2m teu compared to 2m teu recorded in 2020. The main drivers behind this growth were rail-based goods traffic with China, as well as European connections with Poland and southern Europe. Both the expansion of ...

CSP Abu Dhabi container terminal in Khalifa Port has announced that its facility will be the first in the Middle East to implement an autonomous port truck system. Following a two month trial, a total of six electric Q-Trucks will be commissioned by the operator, tasked with supporting mother vessel loading and unloading activities within ...

Hyperloop Transportation Technologies (HyperloopTT) and Hamburger Hafen und Logistik AG (HHLA) are ready to present a virtual reality demonstrator of their futuristic HyperPort system in October, which aims to transport cargo at high speed while reducing pollution and port congestion. The system will now go into certification design review before b...

Update (July 7): Following a formal agreement between the Ever Given’s owners and the Suez Canal Authority the vessel and her crew have departed the Great Bitter Lake in the Suez Canal, sailing to Port Said, Egypt, where a dive survey of the ship will be completed. The owners and insurers of the Ever Given ...

Leading technology investment firm Accel-KKR has completed its acquisition of Navis LLC with all business units and employees to be transferred by the end of 2021. First announced in March of this year, the acquisition comes at a time of unprecedented demand for optimised operating solutions among terminal, vessel, carrier and inland rail freight o...

Yard density is down to 65% at the Port of Yantian, while overall productivity has increased to 85% of normal levels as operations at the hub continue to normalise. However, according to a customer advisory from Maersk, there are now substantial waiting times for vessels calling Shekou, Nansha and Hong Kong, with carriers adjusting services ...

The Sri Lanka Ports Authority’s (SLPA) terminals at the Port of Colombo have gone live with Navis’ N4 terminal operating system (TOS) as part of ongoing modernisation efforts. With business growing, the facilities needed an advanced TOS to update their offerings and aid in the business goals of modernising the terminals to ensure enhanced saf...

Rhenus Midgard has ordered a new Liebherr LHM 420 mobile harbour crane (MHC) to replace a more than 20-year-old Liebherr LHM 320 at its Dradenau terminal in Hamburg. Acquired in 1999, the LHM 320 MHC helped Rhenus Midgard to handle breakbulk and containers at the multipurpose facility and, over the past years, has handled machinery, ...

Maersk Line has launched a new service Southeast Asia/Vietnam and China service that will call at the Helen Delich Bently Port of Baltimore. Beginning in July, with the first ships reaching the Port of Baltimore in August, the Transpacific/Panama Canal service will include a string of up to 13 ships with carrying capacity of 4,500 ...

The UK Chamber of Shipping has appointed Sarah Treseder as its next chief executive, replacing Bob Sanguinietti, who will take up her position in October 2021. In addition to being the current chief executive of the Royal Yachting Association (RYA), which she has led for more than 10 years, Treseder is also a board member ...

The Port of Gothenburg is set to build the first open-access facility in the Nordic region for electric charging and hydrogen gas for heavy goods vehicles. The fuel company Circle K will run the station, which will offer charging points, hydrogen gas pumps, and bio-based liquefied fuels. Circle K’s director Johan Söderberg said: “We have ...

CMA CGM has launched a new short sea Med service between Western Turkey and Adriatic, the Turkey Med Express 3 (TMX 3) as part of its efforts to help customers become more sustainable. The service will begin on Wednesday July 7, 2021, from Turkey’s Ambarli Port and is an addition to the two other TMX ...