Sunday , 17 February 2019
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Author Archives: Emmanuel Mair

South Carolina Ports welcomes agriculture export transload facility

C&M Hog Farm’s transload facility has opened, handling soybeans and other local products bound for overseas markets via Inland Port Dillon, part of South Carolina Ports Authority (SCPA). Jim Newsome, SCPA president and CEO, said: “The expansion of C&M is exciting news that reflects the benefits of Inland Port Dillon for farming and agricultural business across the Carolinas.” Demand for ... Read More »

DP World acquires Chile’s Puerto Central and Puerto Lirquen

Group chairman and CEO of DP World, Sultan Ahmed bin Sulayem

DP World has agreed to acquire a 71.3% stake in Puertos y Logistica (Pulogsa), the company which operates a long-term concession for Puerto Central (PCE) and which owns and operates Puerto Lirquen (PLQ) in Chile. The transaction will be affected via a tender offer to acquire all outstanding shares of the business – the terminal operator will offer US$502m for ... Read More »

Competition Commission investigates Hong Kong Seaport Alliance

The alliance covers 23 berths at the Port of Hong Kong

The Hong Kong Competition Commission has launched an open investigation into the newly formed Hong Kong Seaport Alliance – a joint operating agreement between four terminals at the port. The members of the alliance include Hongkong International Terminals Limited (HIT), Modern Terminals Limited, COSCO-HIT Terminals (Hong Kong) Limited, and Asia Container Terminals Limited (ACT). The agreement is designed to deliver ... Read More »

2M and Zim extend strategic cooperation

The 2M Alliance and Zim have agreed to extend their strategic cooperation to cover select 2M services also on the Asia – US West Coast and Asia – Mediterranean trade lanes. Between Asia and the US West Coast, the TP9 service will be operated as a vessel sharing agreement (VSA) string where Zim will operate four vessels and 2M will ... Read More »

Konecranes wins repeat crane order with Turkey’s newest port

Turkey’s most recent port, run by Atakaş Liman İşletmeciliĝi Ve Tic. A.Ş. (Atakaş Port Business), has purchased its third Konecranes Gottwald crane within the past year. The Gottwald Model 7 portal harbour crane (PHC) was ordered in the third quarter of 2018 and will start operations mid-2019, initially mainly handling bulk and later serving large container vessels. Previously, the port ... Read More »

PSA terminal in Jawaharlal Nehru Port welcomes HMM service from China

The vesse; has a 8,562 teu capacity

PSA’s Bharat Mumbai Container Terminals (BMCT) has welcomed the first regular service call from Hyundai Merchant Marine (HMM)’s China India Express (CIX) service. It connects the facility to Far East markets with calls at BMCT, Mundra, Karachi, Port Kelang, Singapore, Hong Kong, Gwangyang, Busan, Shanghai, Ningbo, Shekou and Singapore before returning to BMCT. The first vessel to call at the ... Read More »

APM Terminals Inland Services cleared to handle hazardous chemicals in India

The ICD in Chakan, Pune

APM Terminals (APMT) Inland Services’ integrated inland container depot (ICD) and supply chain solutions facility at Chakan, Pune has been awarded enviromental clearance to store, handle, transport, and deliver hazardous chemicals in any form. The clearance given by the ministry of environment, forest and climate change, is the first for an Indian ICD. India is the third largest chemical producer ... Read More »

MCI abandons dry container business to focus on reefers

MCI will focus on its Star Cool reefers

Maersk Container Industry (MCI) has withdrawn from the dry container business and ceased operations at its production facility in Dongguan, China due to challenging market conditions. The company has claimed that the dry container market has been under enormous pressure for some time and it has decided instead to put all of its efforts into its reefer business. Sean Fitzgerald, ... Read More »

Contecon Guayaquil becomes Latin America’s first CO2 neutral port

Contecon Guayaquil SA (CGSA) has become the first South American port to obtain a carbon-neutral certification as it has committed itself to ensure eco-friendly and sustainable operations. The certification, awarded by Ecuador Ministry of Environment and environmental ratings agency, Sambito SA, marks CGSA’s compliance to ISO 14064-1 standards that are directed towards greater sustainability initiatives. José Antonio Contreras, CGSA’s CEO, ... Read More »