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Tag Archives: container

World’s first LNG powered container ship launched

More than 2,600 people watched the ship's launch

The first container ship in the world to be powered by liquefied natural gas (LNG) has been launched. More than 2,600 people gathered to watch the 3,100 teu Isla Bella take off from San Diego, California, where it was built by US-based shipmakers General Dynamics NASSCO. The 233 m long ship is the first of two identical ships to be built ... Read More »

West Coast container volumes bounce back

The Port of Los Angeles's volumes have actually grown in comparison to the previous fiscal year

The ports of Los Angeles and Long Beach reported surges in container volumes in March, as the West Coast starts to recover from months of congestion and union disputes. The Port of Los Angeles had the second most productive March in its history, handling 791,863 teu, a 17.3% year-on-year increase. Its neighbour, the Port of Long Beach, celebrated its strongest ... Read More »

Congestion and delays hit APMT Mumbai

GTI has been worst hit by the congestion

Update: On 17 April, NYK Line released a statement which said that normal operations have resumed but that APMT Mumbai’s gates are operating very slowly, with truck turnaround times inside the terminal of around six hours. Gate closures and a shortage of rubber-tyred gantry (RTG) crane operators are contributing to ongoing bottlenecks at the APM Terminals-operated Gateway Terminals India (GTI) ... Read More »

Duisburg increases throughput by 13%

Container throughput at the world’s biggest inland port, Duisburg, grew by 13% in 2014 to 3.4m teu. Terminal operator Duisport’s head of communications Julian Böcker told CM this was down to the port’s links via the river Rhine, rail and road. The port has 360 weekly train connections to more than 80 destinations and it works with, rather than competes ... Read More »

Shippers warn that insufficient infrastructure could create “perfect storm”

A lack of sufficient road and rail infrastructure, and insufficient port capacity will place stress on the global economy, creating the “perfect storm” for shipping according to the Global Shippers’ Forum (GSF). At the Eurocoke Summit in Amsterdam, Chris Welsh, secretary-general of the GSF, said:  “Increasing international trade will set unprecedented challenges to the transport system, particularly around ports, in ... Read More »

Single digit growth is “the new normal” says Qingdao chairman

DP World's terminal in Qingdao outperformed the market with double digit growth in 2014

The chairman of Qingdao Port International, Zheng Minghui, has said in a statement that lower rates of growth are “the new normal” for the Chinese container terminal industry. He said that the era of rapid growth has gone and been replaced by “medium-to high or even medium” growth. Put differently, he said, growth has gone from double digits to single ... Read More »

DP World seeks to challenge 750% rent hike at Port of Melbourne

An independent valuer will handle the rent dispute at the Port of Melbourne

DP World plans to apply to Australia’s National Competition Commission (NCC), hoping to tackle the proposed rent increase of more than 750% at the container terminal it operates in Melbourne. Paul Scurrah, the CEO of the Dubai-based company’s Australian business, confirmed that the firm aims to introduce the Australian Competition and Consumer Commission (ACCC) as the arbitrator of future fee ... Read More »

Philippine government declares Manila congestion over

Philippine cabinet secretary Rene Almendras said yesterday (13 April) that there was no more congestion at the Port of Manila. “Congestion is completely over at Manila International Container Ports, despite higher than normal volumes handled during the first quarter of this year,” he said in a statement. He pointed out that a number of shipping lines have removed their congestion ... Read More »

CMA CGM considers business expansion after profits surge

CMA CGM Marco Polo in Port Kelang

French shipping line, CMA CGM, has announced an impressive set of 2014 results, featuring 8.1% container volume growth, a 5.3% increase in revenue and a 43.2% leap in consolidated net profit growth. During a conference call, vice-chairman of CMA CGM Group, Rodolphe Saadé, said the company would be “open” to merger and acquisition opportunities and the possibility of an initial ... Read More »

Navis releases new business intelligence portal

Navis has unveiled a new terminal business intelligence (BI) portal, which provides data analytics solutions and features integration with its N4 terminal operating system (TOS). The BI Portal will offer hourly, daily and historical data analysis in near real-time, aiming to deliver a “360-degree view” of terminal performance. Features include configurable dashboards, reports and key performance indicators (KPIs); a report designer ... Read More »