• UK shipping company announces rebrand after massive investment

    Portico has been revealed as the new brand for Portsmouth based shipping and cargo handling company, known previously as MMD Shipping Services. As a deep-sea port, with excellent transport links by road, rail and sea, Portico has secured £15m worth of investment over the next 10 years, which will dr…

  • Global Ship Lease signs new charter with Hapag-Lloyd

    Global Ship Lease, Inc. (“GSL” or the “Company”), a containership charter owner, has agreed a three-year charter with Hapag-Lloyd for the 2015-built, 9,115 TEU containership UASC Al Khor. The new charter is in direct continuation of the current charter and is expected to commence in June, 2019, with…

  • MSC, Contship Italia in talks for the largest Italian container terminal

    MSC discusses with Contship Italia in order to acquire 50% shares in CSM Italia Gate, the company that controls MCT – Medcenter Container Terminal. In addition to this, MCT is the concessionaire of the container terminal activities in the port of Gioia Tauro where MSC is already a partner and …

  • HMM, CNC and RCL merge their services

    Regional Container Lines (RCL), with its partners CNC and HMM merge RCL’s current RBC5 with the CSE service from CNC and HMM into a 6 x 1,700 TEU sized vessels covering: Ningbo (Sun) Shanghai (Tue) Ho Chi Minh (Mon) Manila North (Saturday) Shanghai (Thu) Shanghai (Fri) Ningbo (Sat) Laem Chabang (Sun…

  • Grande America sank: 2,000 cars, 365 containers on board – France began clean-up operation

    French authorities began a clean-up operation on Friday, March 15, after the Italian container ship “Grande America” sank off the French Atlantic Coast while carrying 2,200 tonnes of heavy fuel. Despite poor weather conditions, four ships began a clean-up operation on Friday afternoon. The 214-metre…

News

Afghan traders keen to Chabahar Port

TEHRAN, Feb. 24 (MNA) – Deputy Afghanistan Chamber of Commerce & Industries (ACCI) Khan Jan Alokozay said that Afghanistan is interested in doing trade and business via Chabahar Port. He made the remark on Sun. Feb. 24 in the ceremony of dispatching the first trade …

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Shares of Adani Ports and SEZ fall

Shares of port infrastructure company Adani Ports and Special Economic Zone Limited plunge as much 9.1 per cent in its biggest intraday per cent drop since January 28. The company’s unit Adani Logistics approved a proposal for the acquisition of Adani Agri Logistics, Adani Agri Logistics (Dahod), …

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Maersk to apply PSS from Dakar

Maersk is introducing the Peak Season Surcharge (PSS) for ALL Reefer Cargo from Dakar (Senegal) to Abidjan (Ivory Coast), Tema (Ghana) and Douala (Cameroon), effective 15th March 2019. The tariff levels are as follows: Surcharge code Origin Destination Cargo type Container Type Currency Levels PSS Dakar, SN Abidjan, CI Reefer All …

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Hapag-Lloyd enjoys an increase in operational results

Hapag-Lloyd achieved a higher operating result in the 2018 financial year than in the prior year. On the basis of preliminary and unaudited figures, earnings before interest, taxes, depreciation and amortisation (EBITDA) rose to EUR 1,138 million (2017: EUR 1,055 million). Earnings before interest and …

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NWSA achieves a record start of the year

The Northwest Seaport Alliance started the year with a record-breaking month as total container volumes for January reached 326,228 twenty-foot equivalent units (TEUs), a 27.3 percent increase over last year. Total international container volumes for the month also set a record at 277,495 TEUs. Total …

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Pronto Pilot: Bunker delays for container ships reduced in Rotterdam

The number of Maersk vessels experiencing delay at APM Terminals at Maasvlakte II as a consequence of bunker activities reduced significantly during a Pronto pilot. The involved parties explain how real-time insight into each other’s scheduling helps prevent bottlenecks. The online communication platform Pronto enables optimisation of …

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POLB: Ninth street rail crossing closure

Operational closure to improve movement of cargo by rail at Port The Ninth Street railroad crossing near Pico Avenue in the harbor district in West Long Beach will be closed as of March 9, 2019, in a move that will immediately improve rail operations and …

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MSC to attend Intermodal South America fair

MSC will attend the next Intermodal South America fair in Sao Paolo, Brazil. Below is the company’s press release: Come meet our MSC experts from Europe and South America, and discuss how we can help you deliver reliably for your customers, at stand # 2-50 …

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CMA CGM announces new rates

Please find the new increased applicable CMA CGM Freight All Kinds (FAK) rates(*) as follows as from March 16th, 2019 until further notice:     These new FAK rates will apply as follows: Origin Range: From North European base ports Destination Range: To Gulf and Red Sea ports mentioned …

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NYK selected as a “White 500” company

For a third consecutive year, NYK has been included in the “White 500,” a group of large companies demonstrating outstanding health and productivity management. NYK ranked in the top 30 percent of the 1,239 applicant companies evaluated by Nippon Kenko Kaigi,* which selects companies providing …

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Hapag-Lloyd will be at Sao Paulo Intermodal

Hapag-Lloyd will be represented with a booth at the trade fair Intermodal (International Exhibition for Logistics, Cargo Transport and International Trade) in Sao Paulo on March 19-21, 2019. “We are very much looking forward to meet you at Sao Paulo Intermodal and welcome you at our Stand daily from 1:00 …

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Peel Ports improves its warehousing facilities

Peel Ports London Medway has increased the capacity of its warehousing facilities at the Port of Sheerness through an extensive reconfiguration programme. Responding to an upsurge in demand for warehousing across the country, Peel Ports is now able to offer 30,000m2 of additional flexible and …

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SIA Extron Baltic wins Freeport of Riga award

Every year, the Freeport of Riga Authority evaluates the performance of the port companies in the previous year and gives awards to the best in several nominations. The 2018 Freeport of Riga award in the Most Rapid Growth nomination was presented to SIA Extron Baltic, …

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Maersk to support Effat students

JEDDAH — Effat University and the Danish conglomerate Maersk signed a Memorandum of Understanding, which aims to provide internships and employment opportunities for Effat’s students and graduates. Dr. Haifa Jamal Allail, president of Effat University, said: “Effat University is delighted to collaborate with a great company …

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Port innovation programme in Rotterdam

After a year of scouting, 21 innovative projects were selected during the fourth PortXL. The projects came to Rotterdam from across the world to earn a place in the accelerator programme. Following two intensive days of pitching and interviews with port and innovation experts, a …

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MSC to attend Multimodal West Africa Expo

MSC will attend Multimodal West Africa Expo, from 12-14 March 2019, in Lagos, Nigeria, to discuss its fully integrated sea and land transportation and logistics services. Nigeria is the biggest economy in Africa and since 2017, MSC is the second largest container line by volume …

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JAXPORT announces record Jan container volume

During the 2019 State of the Port event, Jacksonville Port Authority (JAXPORT) CEO Eric Green announced that JAXPORT has achieved its best ever January container volumes, with total container movements increasing 16 percent over the same period last year. Nearly 121,400 twenty-foot equivalent units (or …

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APL announces new FAK rates

APL will apply the following Freight All Kind (FAK) Basic Ocean Rates with effect from 1 March 2019 until further notice, for the service scope stated below. The FAK Basic Ocean Rates do not include and are subject to Bunker related charges, Terminal Handling Charges …

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