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Tuesday, August 11, 2020

Container News

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DP World buys majority stake in South Korean independent NVOCC

The Dubai-based logistics provider, DP World has agreed to acquire a 60% shareholding in UNICO Logistics Co. Ltd, one of the largest independent NVOCC...

SC Ports’ new terminal on track for 2021 opening

South Carolina Ports Authority (SCPA) has announced that the construction of the Hugh K. Leatherman Terminal is on schedule for a March 2021 opening. The...

Forth Ports and DP World to jointly bid for a Thames freeport

Forth Ports Group and DP World have announced a partnership which will submit a joint freeport bid incorporating the Port of Tilbury and DP...

CMA CGM launches new Spain-Algeria service

French CMA CGM has announced the launching of the SPAINAF EXPRESS service, which is a new weekly dedicated service connecting Spain with Algeria. The rotation...

Hapag-Lloyd is still pushing Asia rates upwards

Hapag-Lloyd has announced new general rate increases (GRI) from East Asia to Australia, the US and Canada for all dry, reefer, non-operating reefer, tank,...

Turkish port makes Kalmar equipment order

Safi Derince International Port in Turkey has ordered two Zero Emission rubber-tyred gantry cranes (RTGs) from Cargotec subsidiary Kalmar. The order, which also includes Kalmar...

Yang Ming adds two newbuildings

Yang Ming has announced the addition of two new 11,000TEU container vessels, ‘YM Triumph’ and ‘YM Truth’, which will join THE Alliance’s Trans-Pacific routes...

Adani Ports signs up to new emissions reduction project

Adani Ports and Special Economic Zone Limited (APSEZ) has signed up for the Science Based Targets initiative (SBTi), a collaboration between CDP, a non-profit...

Narrow HFO/VLSFO spread stalls scrubber installations

Global fuel demand is showing some signs of improving although the market outlook is still quite bearish as a result of the coronavirus outbreak. The...

Arabian Star service to launch new Maersk Arabian offering

Maersk Line has announced the replacement of Arabian Express with the new Arabian Star service, which will commence on 17 August and will connect...

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DP World buys majority stake in South Korean independent NVOCC

The Dubai-based logistics provider, DP World has agreed to acquire a 60% shareholding in UNICO Logistics Co. Ltd, one of the largest independent NVOCC...

SC Ports’ new terminal on track for 2021 opening

South Carolina Ports Authority (SCPA) has announced that the construction of the Hugh K. Leatherman Terminal is on schedule for a March 2021 opening. The...

Updated: Another Montreal union joins indefinite industrial action

Following the announcement on Friday, 7 August, by Montreal’s International Longshoremen’s Union Local 375 (CUPE) of an indefinite strike, it has emerged that a...

CMA CGM to buy stake in HMM’s Algeciras terminal

CMA CGM will buy HMM’s 50% stake in Total Terminal International Algeciras (TTIA), which operates a container terminal in the south of Spain. HMM announced on...