• 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

Sealand to apply new PSS

Sealand Europe and Mediterranean is announcing a PSS (Peak Season Surcharge) for North Europe to Israel and Egypt corridors effective for all dry and reefer cargo loaded from February 15th, 2018 and effective end date until further notice, but not beyond 31st of March 2019. …

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Ecuador hopes to increase bananas exports to Europe

Ecuador has the potential to increase banana exports to European markets, stated the Ecuadorian Minister of Agriculture and Livestock, Xavier Lazo, on Friday, Feb. 8 . “There is a lot of potential, when we produce more, due to climatic reasons, Europeans consume more,” Lazo said …

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Sealand announces FAK rates increase

Sealand a Maersk Company Europe & Med is announcing an increase in FAK rates (Freight All Kinds).  Below are the FAK rates for a sample list of corridors, commodities and container types where the rate increase is effective. The effective start date is 1st of …

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Port of Melbourne improves its infrastructure

The Port of Melbourne is proud to help facilitate the arrival of vital equipment for state changing infrastructure projects. On Sunday 13 January, the first of the two massive tunnel boring machines that will build the West Gate Tunnel arrived safely at the Port of …

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CMA CGM launches takeover offer for CEVA

An offer price of CHF 30 per share, open from February 12 The Board of CEVA Logistics AG is fully aligned with this friendly offer A major transformation in line with the CMA CGM Group’s strategy   Rodolphe Saadé, Chairman-CEO of CMA CGM, stated: “The launch of …

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Maersk acquires Vandegrift customs brokerage

Targets Customs Brokerage Services, Trade Compliance expertise for customers. Logistics & Services growth strategy in play. Florham Park, New Jersey – February 12, 2019 – Maersk today announced it has agreed to acquire  Vandegrift Inc. – a Clark, New Jersey USA-based Customs Brokerage business to strengthen …

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Miami terminal goes 100% electric with Kalmar

Kalmar, part of Cargotec, has signed a deal to supply six Kalmar Zero Emission Rubber-tired Gantry cranes (RTGs) to South Florida Container Terminal, LLC. The cranes will be equipped with a busbar energy system and operator assist features like auto steering and container stack profiling. …

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Yilport reports a golden year

2018 was a golden year of huge business results and continuing growth at Yilport Holding, port management and logistics subsidiary of Yildirim Group. The worldwide terminals handled 6.41 million TEU containers in 2018, reporting 5% year-on-year volume growth compared to 2017. The company closed in …

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Romania’s trade deficit widens

Romania’s foreign trade deficit widened by more than 2.17 billion euros (2.45 billion U.S. dollars), to 15.13 billion euros in 2018, showed the latest data with the National Institute of Statistics (INS) released on Monday, Feb. 11. According to the INS, the FOB exports increased …

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ONE manages simulated fire accident

12th Feb 2019 – Singapore – On 8 February 2019, Ocean Network Express (ONE) conducted a joint crisis management drill with Nippon Yusen Kabushiki Kaisha (NYK) based on the scenario of ONE chartered vessel being involved in a fire and explosion accident. The drill involved …

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Maersk’s decision fears Ethiopia and Djibouti

Ethiopia and Djibouti are denouncing Maersk Line’s decision to impose an additional unloading fee on import containers at Djibouti ports. Recently the world’s largest container shipping company announced they would apply the so called ‘Recovery for Handling Imports (RHI)’ on containerized cargos coming into the …

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Container depot at Kottayam port

On the heels of opening freight transportation through the inland waterways, a container yard that will act as a buffer between the export and import cargo will soon break ground at the Kottayam port, country’s first inland container depot (ICD) project. Officials said the port …

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EUROGATE’s container volume remains stable

Despite the persistently challenging market environment, the EUROGATE Group was able to keep container handling volumes almost stable in the past financial year. In 2018, the Group handled a total of 14.1 million TEUs (standard containers) at its 12 locations in and around Europe. The …

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Iran, India to celebrate ‘Chabahar Day’

TEHRAN, Feb. 11 (MNA) – India and Iran will celebrate ‘Chabahar Day’ on February 26 at a mega event in Iran’s strategically located port, which is operated by India. A senior Indian official will lead a high-ranking delegation comprising business delegates, among others, at the …

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Maersk to start using Ganga waterway

To move 16 containers on the Ganga river from Varanasi to Kolkata The world’s largest container shipping company Maersk Line will on Tuesday move 16 containers on the Ganga river from Varanasi to Kolkata, the Shipping Ministry said Monday. “Maersk Line will move 16 containers …

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HMM to develop “New-GAUS 2020”

HMM made an announcement on January 31 that it will develop the cloud-based next-generation IT system under the tentative name “New-GAUS 2020” in 2020. “New-GAUS 2020” is the shipping and logistics system to be independently developed by HMM and is a project that increases efficiency and convenience …

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Rotterdam CCUS project underway

Port of Rotterdam Authority, Gasunie and EBN are preparing a CCUS (Carbon Capture Usage and Storage) project, in which CO₂ from industry will be transported to storage sites in depleted gas fields deep beneath the North Sea seabed. The three companies are working together on …

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NSW Ports: A major sponsor of container event

On February 6, the ‘Box that changed the world- the Container Exhibition’ officially opened in Wagga Wagga as part of a tour of regional NSW. NSW Ports was a major sponsor of this exhibition which has seen over 200,000 visitors to date at Darling Harbour and …

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NC Ports President’s Day information

North Carolina Ports’ terminals in Wilmington, Morehead City and Charlotte will remain open to commercial truck traffic on President’s Day – Monday, February 18. President’s Day is an observed ILA holiday and overtime charges will be applied for ILA reefer mechanics.

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OOCL Seoul changes rotation in Australia

The OOCL Seoul V055N will change rotation and now call Melbourne prior to Sydney in order to assist with schedule recovery required from delays in Asia due to the Chinese New Year.   Revised dates are as follows: Port ETA ETD MEL 18-Feb 20-Feb SYD …

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