• 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

Hapag-Lloyd penetrates attractive business

Hapag-Lloyd’s article: Pakistan is the sixth-largest producer of (mandarin) oranges in the world, with 2.1 million tonnes of annual cultivation. The “Citrus reticulata” variety known popularly as Kinnow is the largest unique variety of citrus and is indigenous to this part of the world. According …

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CMA CGM applies ERS on Liberville exports

CMA CGM Group informs its customers of the Empty Repositioning Surcharge (ERS) updated tariff. The scope of application of the Empty Repositioning Surcharge (ERS) is as follows and until further notice: Effective March 15th, 2019 (B/L date). Except for FMC trade: March 25th, 2019 Exports from Libreville, Gabon to …

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Kalmar to improve eco footprint of Uruguay’s terminal

Kalmar, part of Cargotec, will supply seven terminal tractors and six forklifts, including two fully electric machines, to the Rio Estiba terminal in Nueva Palmira, Uruguay. The order was booked in Cargotec’s 2018 Q4 order intake with delivery scheduled to take place in Q2 of …

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APM Terminals helps global fruit company

APM Terminals Inland Services in Costa Rica has worked closely with one of the world’s largest producers and exporters of tropical fruit. Among other things, the solution has helped optimize the flow of containers to fruit plantations on the Caribbean coast, increase efficiency and lower …

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MSC announces new FAK rates

MSC Mediterranean Shipping Company S.A. announces the following freight rates as from March 1st, 2019 until further notice but not beyond March 31st, 2019 All Prices are in US Dollars unless otherwise specified.   The above Rates are inclusive of the Base Rate (i.e. ocean freight …

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Hapag-Lloyd’s Canada service out of schedule

Hapag-Lloyd’s AT2 service has recently run out of schedule, caused by weather conditions and port congestions. Since various ad-hoc schedule recovery measures failed to bring the service back to its regular schedule it has been decided to let the service slide by one week. First …

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Navios reports financial results

Revenue $517.7 million for FY 2018 $127.4 million for Q4 2018 Cash from operating activities $55.6 millionfor FY 2018 $16.0 million for Q4 2018 Adjusted EBITDA $179.6 millionfor FY 2018 $45.5 million for Q4 2018 Positioned to Capture Market Recovery 26.7% fixed days for FY 2019 MONACO, Feb. 20, 2019 — Navios …

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Concordia Damen celebrates naming of innovative Sendo Liner

On 15th February, at its yard in Werkendam, the Netherlands, Concordia Damen held a celebration to mark the naming of the Sendo Liner, an innovative dry cargo vessel. Sendo Shipping in cooperation with Concordia Damen has designed a completely new vessel for the optimally efficient transportation of high …

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ATI exploring more projects to expand its services

Listed Asian Terminals Inc. (ATI) is keen at expanding its services beyond its international gateway ports in Manila and Batangas to further enhance logistics cycles for manufacturers, shippers and transporters in support of the country’s growing economy. Within ATI’s scopes are off-dock container yards, empty …

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FESCO sets up a new vessel

FESCO Transportation Group (FESCO) sets up a new vessel to operate on a regular service FESCO China Direct Line (FCDL), connecting the ports of China and Russian Far East. On February 14, 2019 the container ship FESCO Dalnegorsk moved to operations on this line. The …

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Port of Oakland gets three new cranes

Towering new cranes are coming to the Port of Oakland to handle the latest generation of megaships. The Port said yesterday (Feb. 19) that its largest marine terminal would install three 300-foot-tall gantry cranes late next year. The three cranes would go to Oakland International …

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Uzbekistan’s foreign trade turnover increased

The economy of Uzbekistan is one of the largest in the Central Asian region. In recent years, the Uzbek economy has been actively developing and showing high results of stable growth. The foreign trade turnover of Uzbekistan amounted to $ 3.35 billion, according to the …

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MOL conducts underwater drone demonstration test

TOKYO-Mitsui O.S.K. Lines, Ltd. yesterday (Feb. 19) announced that it partnered with Sekido Co., Ltd. and MOL Marine Co., Ltd. to test the use of a Remotely Operated Subsea Vehicle (subsea ROV) to inspect the submerged areas of the hull on a MOL Marine-operated cable-laying …

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Maersk to revise PSS in Nigeria

Maersk is revising Peak Season Surcharge for ALL Cargo in Onne (Nigeria), effective 11th March 2019 for non-regulated corridors and 1st April 2019 for regulated corridors. The revised tariff amount is detailed as follow: Surcharge code Origin Destination Currency 20 DRY 40 DRY 40 HC 45 HC 20 REEF 40 HREEF 20 Special 40 Special PSS …

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“Yantian Express” update

Hapag-Lloyd’s announcement about “Yantian Express” situation: As you would be aware, MV “Yantian Express” suffered a major fire that has resulted in both the vessel and a proportion of the cargo becoming either fire- or water damaged. Hapag-Lloyd AG has engaged salvors SMIT Salvage Americas, LLC under …

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China: Removal of meat’s customs restrictions

ANL’s announcement: The restrictions placed on meat imports to domestic transshipment destinations serviced via Shanghai have been lifted. Cargo for domestic destinations via Shanghai shall still be subject to inspection & fumigation prior to loading from Shanghai to final destination owing to ongoing concerns due …

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APL implements local charges in UAE

Effective 1 March 2019, APL will implement the following local documentation charges for shipments to/from UAE ports: Description Direction Unit Amount(AED) Amount(USD) Manual SI submission (Non-ESI) Export BL 575 157 BL Fees Export BL 475 129 Container Inspection Fee Import Container 92 25 Delivery Order Fees …

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