Monday , 19 November 2018
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Author Archives: Simon Banks

APM Terminals commits to Georgian port investment

APM Terminals (APMT) has announced its commitment to an infrastructure development project at the Black Sea terminal at the Port of Poti, Georgia. The terminal operator has outlined plans to invest in the infrastructure of a proposed multi-purpose, deep-water hub serving Georgia, the Caucasus and Central Asia. APMT Poti deputy managing director Joseph Crowley, said: “APM Terminals is committed to ... Read More »

Maersk mega ship calls at Jeddah’s Red Sea Gateway Terminal

The Mayview Maesrk mega vessel calling at the Red Sea Gateway Terminal (RSGT) at the Port of Jeddah.

The Jeddah Islamic Port (JIP) has announced the welcomed arrival of the MV Mayview Maesrk mega vessel, which called at its Red Sea Gateway Terminal (RSGT). The Mayview Maersk is one of the largest container vessels in the world and marked the second arrival of a mega vessel in two months at RSGT, bolstering the facility’s ambition of attracting larger ships. Nabeel ... Read More »

Saigon Port confirms initial public offering for June

Vietnam’s Saigon Port has confirmed its initial public offering (IPO) for 30 June as the port sells 20-25% of its southern port. The IPO plan will ensure that the state holds at least 51% of the company’s charter capital after the privatisation, a factor that rules out the company Vinegroup, a leading property developer that has expressed an interest in buying ... Read More »

HHLA Hamburg orders three new ZPMC gantry cranes

HHLA has ordered three new container gantry cranes for the Container Terminal Burchardkai.

Hamburger Hafen und Logistik AG (HHLA) has ordered three new gantry cranes for the Container Terminal Burchardkai (CTB) from Chinese manufacturer ZPMC. The new cranes will handle ships with a capacity of 20,000 teu and will have a waterside outreach of 74 m, to handle 24-wide deck stows. The investment comes as CTB is expanding its capacities for the latest generation ... Read More »

Maersk Line announces order for up to 17 ultra-large containerships

Sung-Leep Jung, president and CEO of DSME, and Søren Skou, CEO of Maersk Line

Maersk Line has placed a US$1.8bn order for 11 second generation Triple-E ultra-large containerships (ULC), set to be delivered between April 2017 and May 2018, with an option to order six more. The Danish shipping line has revealed that the vessels will have a capacity of 19,630 teu each and will measure 400 m long with a draft of 16.5 m. Søren Toft, chief ... Read More »

Bangladesh High Court halts tender process at container terminal

Tender proceedings at the Port of Chittagong’s container terminals have been suspended by the Bangladesh High Court (HC) ahead of a bidding process for new terminal operators. The Chittagong Port Authority (CPA) opened a tender process on 6 May to identify two separate private operators for four berths of the New Mooring Container Terminal. A petition has since been produced, ... Read More »

Ron Widdows: Landside cooperation is “inevitable”

Landside collaboration offers the container transportation industry its “single biggest remaining opportunity to reduce inefficiency” according to Ron Widdows, the former chief executive of Singapore-based firm, Neptune Orient Lines (NOL). In an interview with CM during the International Transport Forum Summit in Leipzig, he said that while alliances have helped carriers find economies of scale on the ocean, opportunities for ... Read More »

The Port of Felixstowe reveals expansion plan

The MSC Oscar makes its maiden call at the Port of Felixstowe back in March

The Port of Felixstowe has announced plans for expansion that include doubling port capacity to accommodate the world’s largest vessels by 2030. The UK’s largest port, owned by Hutchison Ports UK, awarded the lead contract to expand its berthage to the Volker Stevin and Boskalis Westminster (VSBW) consortium. The extension will increase the combined lengths of berths eight and nine, ... Read More »

Australia set to privatise Fremantle port

Australia’s Fremantle Port is to be sold as part of a state sale from the Western Australian government in a deal estimated to be worth AU$5bn (US$4bn) it has been announced. The decision to sell the container terminal and general cargo port was proposed as part of the state budget on May 15. The announcement follows the government’s decision last ... Read More »

IMO shelves Marshall Islands’ call for global CO2 emissions target

A meeting of the Marine Environment Protection Committee (MEPC) of the International Maritime Organisation has decided not to accept a proposal to limit shipping’s carbon dioxide (CO2) emissions. The proposal was made by the Marshall Islands, one of the countries most threatened by climate change. Its foreign minister Tony de Brum said: “We present our proposal so that global shipping ... Read More »