Cargo News


Wharf-Building Equipment Arrives Antarctica

Jan 04, 2019

A cargo ship loaded with 4,500 tonnes of steel and construction equipment required to build a new Antarctic wharf has arrived at British Antarctic Survey (BAS)'s Rothera Research Station.Staff awaiting its arrival cheered as the DS Wisconsin pulled alongside…

Another Record Year for Port of Antwerp

Jan 01, 2019

With expected growth of 5.1% compared with last year, 2018 looks set to be a record year for the Port of Antwerp for the sixth time in a row.'In 2019 the Port Authority will keep to the same course, further building a sustainable future for the port…

ABP Bags Maersk Trade Deal

Dec 20, 2018

As agreement between Associated British Ports (ABP) container terminal located in Hull and Maersk, the world’s largest container shipping line,  to open a trading link between the north of England and the Far East.The service begins in the New…

Industry Calls for Block Exemption Regulation Extension

Dec 20, 2018

Four trade associations representing the international liner shipping industry submitted comments to the European Commission supporting extension of the EU consortia block exemption regulation (BER) for an additional five years beyond its current 2020 expiration date…

Fairview Terminal Reaches 1 Million TEU Milestone

Dec 19, 2018

The British Columbia’s Port of Prince Rupert and DP World have marked a historic milestone as Fairview Container Terminal handled its millionth container (TEU) for the first time in a calendar year.The 40-foot TEU was loaded with dimensional…

Aqaba Container Terminal Positions as a Logistics Hub in Jordan

Dec 19, 2018

Jordan's Aqaba Container Terminal (ACT), operated by APM Terminals,  is making strong progress in its transformation into a transport and logistics hub for the Levant region.The port operating company in Jordan said that this is being driven by improvements in infrastructure…

Maersk Enhances Asia-Europe Network

Dec 19, 2018

Six ships will be added to A.P. Moller - Maersk's new route network between Asia and Europe, the Danish conglomerate announced new changes to its services connecting Asia and Europe.Changes implemented in the second quarter of 2018 have improved the reliability of company’s schedules…

Rotterdam Port Awards Green Award Discount for Vessels

Dec 19, 2018

The Port of Rotterdam Authority will widen and facilitate the Green Award discount for sea-going shipping from the start of 2019.The discount will encourage safe and green shipping in the liquid bulk segment. From 2019 onwards, certified chemical…

Maersk Moves North-East England Coverage to Hull

Dec 19, 2018

A.P. Moller - Maersk, an integrated container logistics company, announced that it is moving its  North-East England coverage from Immingham to Hull.The existing connection between Immingham and continental Europe, will change to Hull, enabling…

Maersk Intros Cargo Insurance Alternative

Dec 17, 2018

Maersk Line is expanding its commercial offering with the introduction of an extended liability solution, Value Protect, which will act as a substitute to regular cargo insurance, in protecting customers’ cargo.'Maersk is expanding its commercial offering and introduces Value Protect…

Drewry: Ocean Freight Shipping Rates Fall in Q4

Dec 17, 2018

Ocean freight rates for cargoes moving under contracts on major East-West routes decreased by 7% in the fourth quarter, according to the results of Drewry’s Benchmarking Club Contract Index.The cost reduction, based on contract freight rate data provided confidentially by Asian…

Port of Oakland Cautious on 2019

Dec 14, 2018

The Port of Oakland had its busiest November ever for imports in 2018, shattering an 11-year-old record. The Port said today that it handled the equivalent of 83,364 loaded 20-foot import containers last month. That beat the old November record of 76…

Moody's Rated Panama Canal with Stable Outlook

Dec 14, 2018

Moody's Investors Service reaffirmed the Panama Canal Authority's (ACP) A2 long-term rating with a stable outlook, based on its distinctive position as an infrastructure asset with a unique geographic advantage and business model, and its strong historical operational and financial performance…

Georgia Ports On Track for 4.3 TEUs

Dec 11, 2018

The Georgia Ports Authority is on track to reach 4.36 million twenty-foot equivalent container units handled in 2018, its highest volumes ever in a calendar year. The performance would mean an increase of 8 percent (312,385 TEUs) compared to CY2017…

Cosco , Abu Dhabi Ports Open New Terminal at Khalifa Port

Dec 11, 2018

Abu Dhabi Ports on Monday inaugurated the new Cosco Shipping Container Terminal at Khalifa with a capacity of 2.5 million TEUs (twenty-foot equivalent units).The new CSP Abu Dhabi Terminal, which includes the largest container freight station in the Middle East…

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