Wednesday , 19 September 2018
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Author Archives: Emmanuel Mair

Five feeder lines opt for StowMan stowage planning

Five feeder liners, including Tehama Shipping and Transinsular, have selected the on-premise stowage planning solution StowMan, provided by Navis. The partnership aims to improve vessel stowage planning and an effective load list handling in order to optimise vessel utilisation and port calls. The trend of mega vessels and alliances has increased the inbound and outbound connections of feeder vessels, which ... Read More »

OOCL to operate independently following COSCO takeover

The addition of OOCL's fleet will make COSCO bigger than CMA CGM

Orient Overseas Container Line (OOCL) will continue to operate independently upon closing of the US$6.3bn acquisition by COSCO Shipping, which will make the Chinese carrier the world’s third largest shipping line. An online Q&A posted on COSCO’s website pointed out that the pair of carriers will maintain existing operational models and management channels while operating independently under the dual-brand strategy ... Read More »

Djibouti government’s seizure of Doraleh terminal ruled illegal

The London Court of International Arbitration (LCIA) has ruled that the Djibouti government’s seizure of Doraleh Container Terminal (DCT) from DP World in February 2018 was illegal. An arbitral tribunal ruled that DCT’s concession agreement remains “valid and binding” notwithstanding a law and several decrees, which were meant to empower the government to terminate its infrastructure agreements. Law 202 and ... Read More »

Sany launches harbour cranes in Europe

Sany's RTG unit

Sany Europe has added a complete portfolio of harbour cranes to customers located in Europe with immediate effect. The range originates from the manufacturer’s existing supply and will consist of ship-to-shore (STS) cranes from 35 tonnes to 80 tonnes and mobile habour cranes from 41 tonnes to 210 tonnes. In the yard, there are also rubber-tyred gantry (RTG) cranes and ... Read More »

Panama Canal handles 4,000th Neopanamax transit

The Panama Canal has registered the 4000th transit of a Neopanamax vessel through the expanded canal following its opening in June 2016. Of the 4,000 vessels that have transited to date, roughly 52% have been from the container segment. Liquefied petroleum gas (LPG) vessels constitute another 27%, and liquefied natural gas (LNG) carriers, a relatively new segment to the Panama ... Read More »

Drewry: Container terminal utilisation levels to rise

Drewry's projections

Healthy container port demand growth alongside subdued levels of capacity expansion mean that average terminal utilisation will rise markedly by 2022 according to Drewry’s latest report. The medium term outlook for global container port demand growth is positive thanks to strong underlying economic momentum across the world’s major economies, it said. While there may be clouds on the horizon in ... Read More »

PSA makes first foray into Canadian market

PSA International has signed an investment agreement to acquire 60% of the Ashcroft Terminal (AT) business, marking its entry to the Canadian market. AT is an inland port facility in western Canada, located approximately 300 km east of the Port of Vancouver (PoV), comprising 320 acres of free-hold industrial land. It is the only major privately-owned industrial property in Canada ... Read More »

King Abdullah Port enjoys 51% rise in volumes

Rayan Qutub, CEO of King Abdullah Port

King Abdullah Port, located on Saudi Arabia’s west coast adjacent to the Red Sea, has achieved a very strong first half of 2018 with container volumes up by 50.5%. The port handled 1,236,075 teu in the first six months of the year, building on growth of 21% in 2017. Rayan Qutub, CEO of King Abdullah Port said: “Since the launch ... Read More »

Scope Ratings: Only carriers with biggest fleets will be profitable

Only the container shipping lines with the biggest fleets and the most efficient vessels are likely to turn a profit this year and meet longer-term challenges according to a report from credit rating agency Scope Ratings. Asset optimisation – ensuring ships are always at sea and fully loaded – as well as size and diversification will determine carriers’ success in ... Read More »

Sick launches infrared sensors

The MRS1000

Sick has launched the LMS1000 and MRS1000 infrared LiDAR sensors, aiming to deliver more accurate and reliable distance sensing and measurement, especially in difficult environmental conditions. The sensors, which are suitable for indoor or outdoor use, weigh 1.2 kg and can be factory-fitted or retrofitted to existing equipment. They can be mounted on machinery and gantries or on walls, above ... Read More »