• 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

Maersk: “West region drives India’s export growth”

Maersk’s article: India’s overall container Export-import (EXIM) trade grew 6%* in Q4 2018 West India outperforms other three regions in Q4 trade Chemicals, pharmaceuticals and paper play a key role in commodity trade Fish, plastic and rubber were among the most exported commodities to China …

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UCL Port’s MRC focuses on environment

UCL Holding’s press release: In line with its sustainability policy Port of Ust-Luga, Leningrad Region based Murltipurpose Reloading Complex (MRC, part of UCL Holding) allocated for 2018 environmental protection programme RUB 3.92 million, which is 11% more than a year earlier. The earmarked money was …

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Russian port invests in eco sustainability

In 2018 Sea Port of Saint-Petersburg JSC (SP St.Pb, part of UCL Holding) continued investments in its environmental sustainability. The Company spent in excess of RUB 44.5 million for environment protection measures, which is 31% higher on the previous year’s expenditure figures. The increase was …

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Shell partners with Port of Rotterdam

Shell joins as equity partner with Air Liquide, Enerkem, Nouryon and the Port of Rotterdam. The proposed project in Rotterdam will be the first of its kind in Europe to make valuable chemicals and bio-fuels out of non-recyclable waste materials. A consortium of world-leading companies …

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First Descent begins unique exploration of Indian Ocean

Inmarsat technology is enabling an ambitious marine science project to broadcast live from the deep ocean via deep space. Nekton Deep Ocean Research Institute has launched First Descent to explore and conserve the Indian Ocean – the world’s most unknown and least protected ocean. The three-year expedition, …

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Rotterdam’s innovation network to be enhanced

The Province of Zuid-Holland has pledged its support to the SmartPort network over the next few years. The administration has allocated a total of 0.5 million euro in public funds for strengthening connections between companies in the port, knowledge institutes and local authorities that are …

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Yang Ming web function under maintenance

Yang Ming web function will be under maintenance on Mar/9 (Sat) 15:00 GMT ~ Mar/9 (Sat) 22:00 GMT at below schedule. During this period of maintenance, YM Web applications (http://www.yangming.com) will be suspended and resumed completely afterwards.           Time Zone Taiwan              …

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Italy builds good relationship with African fruit market

The African market for fruit and vegetables has significantly grown over the past years. Thanks to the relationship with Italian enterprises, and via Macfrut, they have been able to discuss supply and demand issues. This is the objective of the international training program “Lab Innova …

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Navis acquires Octopi terminal operating system

Navis, a part of Cargotec Corporation, and the provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the shipping supply chain, today (March 8) announced that it has acquired Miami-based Octopi, a cloud-based TOS built for small container and mixed …

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New party in the blockchain era

A blockchain partnership between CargoX and dexFreight launched in March 7. The main goal of the collaboration is the Smart Bill of Lading solutions and cost-effective logistics operations. The dexFreight platform aims to digitize all the paper documents related to bill of lading, intergating CargoX’s Smart …

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Port Alberni pushes container transshipment hub

Zoran Knezevic wants to open it to shippers and global container cargo carriers. But the Port Alberni Port Authority (PAPA) president and CEO will need $1.7 billion to do it. Knezevic is selling PAPA’s Port Alberni Transshipment Hub (PATH) plan as a vital Asia-Pacific Gateway …

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CMA CGM, GRR – From Asia to East Africa

CMA CGM informs of the following General Rate Restoration : Effective April 1st, 2019 (B/L date): From Asia including China, South Korea, Taiwan, Southeast Asia and Bangladesh (not including Japan) To East Africa including Kenya, Tanzania and Mozambique Quantum: USD 300/TEU All cargo dry, OOG and breakbulk …

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Hong Kong: Documentation fees adjusted

With effect from 1 April 2019, the Origin Documentation Fee & Destination Documentation Fee will be adjusted as below: Origin Documentation Fee (DOC) Origin: Hong Kong Destination: All destinations (Except Brunei; Cambodia; Indonesia; Japan; Korea; Malaysia; Myanmar; Philippines; Singapore; Taiwan; Thailand; Vietnam) Quantum: HK$ 550 per BL Origin: Hong …

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OOCL strengthens its Japan services

OOCL will enhance its Japan/Hong Kong/South East Asia Service (KTX6). According to a statement, the shipping company wants to improve its suite of Japan products by providing customers with more competitive and reliable services in this region. The effective date is April 11, 2019. The …

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U.S. trade gap hit 10-year high in December

The U.S. trade deficit jumped nearly 19 percent in December, pushing the trade imbalance for all of 2018 to widen to a decadelong high of $621 billion. The gap with China on goods widened to an all-time record of $419.2 billion. The Commerce Department figures …

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Strike in Sweden called off – Ports breathe again

A strike threatening to hamper Swedish exports and imports has been called off after dockworkers and employers signed a deal at the eleventh hour, ending years of conflict. The Swedish Dockworkers’ Union had been fighting since 2016 to establish a collective bargaining agreement for its …

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Tianjin port sees goods trade up in Jan

Goods trade via the northern Chinese port city of Tianjin rose 8.9 percent year-on-year in January with the help of booming trade with the European Union. Goods trade totalled 121.86 billion yuan (18.2 billion U.S. dollars), Tianjin Customs said Thursday. Exports rose 2.2 percent to …

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ICTSI enjoys boosted income

International Container Terminal Services, Inc. (ICTSI) reports audited consolidated financial results for the year ended December 31, 2018. Consolidated volume higher by six percent to 9,736,621 twenty-foot equivalent units (TEUs) (FY2017: 9,153,458 TEUs) Revenue from port operations increased 11 percent to US$1.4 billion (FY2017: US$1.2 …

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Wan Hai to expand its intra-Asia network

Wan Hai Lines will expand its intra-Asia network by launching a new weekly service between Taiwan – South China – Subic – Batangas and Cebu (Subic Express service). The service will be operated with two container vessels of 900 TEU. Port rotation of the service …

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E.R. Sweden to replace Cosco Indonesia

The Cosco Indonesia V083N will phase out of service in Shanghai on 15th March and will be replaced by the E.R. Sweden. Consequently all cargo booked for the Cosco Indonesia V084N and subsequent voyages will be transferred to the E.R. Sweden V001N and respective voyages …

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