Wednesday , 15 August 2018
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Author Archives: Alistair Ross

Cranes arrive at Houston

Three new super post-Panamax cranes have arrived at the Port of Houston’s Bayport Container Terminal as part of a US$100m investment at the facility. The 270 ft-tall ship-to-shore (STS) cranes will be followed by five rubber-tyred gantry (RTG) cranes, with all eight cranes destined for the newly constructed Wharf 2 at Bayport. Roger Guenther, executive director of Port of Houston ... Read More »

Hapag-Lloyd plunges deeper into the red

Hapag-Lloyd will undergo a 'critical review' of its operations

Hapag-Lloyd posted a net loss of €100.9m (US$115.3m) in the first half of 2018 with the German carrier coming under pressure from competition and operating costs. The net loss is double that of the first six months of 2017, €42.7m (US$48.8m), with increasing fuel costs, higher charter rates and slowly recovering freight rates all impact the company’s performance. Rolf Habben Jansen, CEO ... Read More »

ZPMC tests autonomous straddle carrier

ZPMC's new autonomous straddle carrier

Shanghai Zhenhua Heavy Industries (ZMPC) has tested the world’s first container straddle carrier with an autonomous navigation system in Shanghai, China. More than half of the 1,000 container terminals around the world use straddle carriers, with around  4,000 units in operation, yet automated straddle carriers account for less than 5% of the market. Larry Li, president of ZPMC North America, said: “A conservative estimate indicates ... Read More »

Maersk and IBM pilot blockchain platform

Maersk and IBM have launched their blockchain information sharing platform, with 94 organisations including terminal operators and shipping lines taking part in the pilot study. TradeLens, which is expected to be commercially available by the end of the year, uses blockchain technology to enable transactions without compromising details, privacy or confidentiality and allows parties across the supply chain to interact ... Read More »

Felixstowe problems persist, freight forwarders claim

Felixstowe has faced problems since implementing a new TOS

British freight forwarders have said problems at Felixstowe persist despite the port’s claim that the performance of its problematic new terminal operating system (TOS) is now ‘stable’. According to the British International Freight Association (BIFA), shipping lines are cancelling calls or operating cut-and-run policies, meaning ships leave before all containers are loaded or discharged. Robert Keen, director general of BIFA, ... Read More »

ICTSI records strong half-year

International Container Terminal Services, Inc. (ICTSI) registered record volumes and financial results in its half-year figures, citing the performances of new terminals in Australia and Papua New Guinea. The new terminals in Lae and Motukea in Papua New Guinea and Melbourne, Australia contributed toward the 4% year-on-year throughput growth, which rose to 4.71m teu. Growth in emerging markets was also ... Read More »

DP World acquires Unifeeder

Unifeeder provides connections to around 100 ports

DP World has acquired Danish feeder and short-sea operator Unifeeder from Nordic Capital Fund VIII and minority shareholders for €660m (US$765m). Based in Aarhus, Denmark, Unifeeder operates feeder services and short-sea networks across Europe, serving both deep-sea container hubs and the intra-Europe container freight market. Sultan Ahmed bin Sulayem, group chairman and CEO of DP World, said: “The ever-growing deployment of ... Read More »

Adani reports 16% increase in throughput

Indian operator Adani Ports and Special Economic Zones Limited (ASPEZ) recorded a 16% year-on-year rise in container throughput between April and June, handling 1.42m teu. This growth outpaced that of India’s total container volumes, which were up by 10%. ASPEZ’s terminals in Mundra and Hazira performed particularly well, registering throughput increases of 15% and 19% respectively. ASPEZ also announced its ... Read More »

Ashdod to generate extra container storage

The Port of Ashdod will increase its storage space by 20% to around 500,000 containers after it approved plans to increase stack heights to six empty boxes. The increase will also add an estimated additional 15,000 empty containers per year, improve the number of trucks entering the port during the day by 10% and produce an extra ILS2m (US$540,000) per year. The ... Read More »

OOCL volumes up 6% in half-year report

Trans-Pacific trade performed well

Orient Overseas Container Line (OOCL) recorded a 6% growth in total volumes in the first half of the year, handling 3.27m teu. The carrier’s parent company, Orient Overseas (International) Limited (OOIL), remarked that East-West trade lanes had been particularly strong, especially on trans-Pacific routes where volumes grew by 11.3%, in its interim report. However the company also warned of the ... Read More »