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Author Archives: Alistair Ross

CMA CGM acquires stake in Cosco’s Zeebrugge facility

Cosco Shipping Ports acquired the terminal in November 2017

CMA CGM has acquired a 10% stake in Cosco Shipping Ports’ CSP Zeebrugge Terminal through its subsidiary, CMA Terminal. CMA CGM is CSP Zeebrugge’s main customer, accounting for one-third of facility’s throughput in 2017. Zhang Wei, vice chairman and managing director of Cosco Shipping Ports, said: “The 10% investment by CMA CGM in CSP Zeebrugge enables the terminal to further ... Read More »

Yilport submits offer for Italian facility

Taranto has not moved containers since 2015

Turkish operator Yilport has submitted an offer for the multi purpose facilities in Southern Italy’s Port of Taranto, which previously operated as Taranto Container Terminal (TCT). The facility can handle containers, bulk and roll-on roll-off (ro-ro) cargo, but has been empty since TCT went into liquidation in 2015. Yilport’s concession proposal, which has been received by the Ionian Sea Port Authority, ... Read More »

Antwerp reiterates expansion wish following half-year growth

Belgium’s Port of Antwerp has reiterated the need for extra container capacity following an 8.3% increase in its half year results, handling 5,567,905 teu. A 14.2% increase in European trade was a key driver in the growth, which itself was influenced by an increase in transhipment, but the port is now nearing its capacity. Jacques Vandermeiren, Port of Antwerp Authority CEO, ... Read More »

Major Hapag-Lloyd shareholder rejects CMA CGM merger rumours

Hapag-Lloyd major shareholder Klaus-Michael Kühne has quashed rumours of a potential merger with rival CMA CGM, but confirmed the French carrier had been in contact. Kühne, who along with his companies owns around 25% of Hapag-Lloyd, said a deal would not happen after Reuters reported that CMA CGM had made an exploratory approach. Speaking to German radio station NDR, Kühne said: “It does not bother me, ... Read More »

Oakland sets monthly record

The previous record was set last July

The Port of Oakland handled 87,207 teu in June, an increase of 8.7% year-on-year and a new monthly record for the US facility. The Port attributed the performance to the peak season – most Asian imports are shipped in the summer-autumn period – and also to the possibility of importers ordering aggressively ahead of the tariffs that were imposed this ... Read More »

Long Beach to invest in green equipment

The US’s Port of Long Beach will invest US$5.3m in green-energy equipment for two of its terminals as part of transition to zero-emission operations. The grant was provided by the California Air Resources Board and will see two battery-electric top-handlers go into use at SSA Marine’s Pacific Container Terminal and one fuel cell yard tractor, one battery-electric top handler and one ... Read More »

Charleston volumes up 3% in fiscal year

Charleston has two container terminals

The Port of Charleston handled a record 2.2m teu during the 2018 fiscal year, a 3% increase over the previous fiscal year. The port’s authority, the South Carolina Ports Authority (SCPA), also announced that the 201,163 teu handled in June 2018 was the single highest month for container volumes in the port’s history, and a 10% increase over June 2017. ... Read More »

Main Manila terminal upgrades TOS

The Philippines Manila International Container Terminal (MICT) has upgraded its terminal operating system (TOS) to Navis N4 3.4 as part of an US$80m improvement project. MICT, operated by International Container Terminal Services, Inc. (ICTSI), announced the project after handling more than 2m teu in 2016, a company milestone. Mark Welles, vice president and general manager for Asia, said: “The ability to ... Read More »

Gdansk to improve intermodal network

The EU will co-fund the project

Poland’s Port of Gdansk will construct an additional rail track at the Deepwater Container Terminal (DCT) as part of a road and rail network expansion. The project to upgrade the road and rail system at the Outer Port, which houses DCT Gdansk, will be co-funded by the Connecting Europe Facility (CEF), one of the European Union (EU)’s funding bodies. Lukasz ... Read More »

Yilport volumes up in first half of 2018

Yilport Leixões

Yilport’s facilities registered a 4.6% increase in volumes in the first half of 2018, handling 3.2m teu. The growth was largely driven by the operator’s performance in Latin America, Turkey and at the Malta Freeport. The Turkish company operates two facilities in Latin America, Puerto Bolívar in Ecuador and the Port of Paita in Peru. At Puerto Bolívar volumes rose ... Read More »