Bankrupt South Korean shipping company Hanjin will sell its operations of the Port of Seattle’s Terminal 46 to Switzerland-based Mediterranean Shipping COmpany (MSC) subsidiary Terminal Investment Limited (TIL), reports AP. The Seattle Times…
What does it take to become – and Stay – a World Class Port in a Post-Panamax world? The South Carolina Ports Authority thinks it has the answers. In late October, the South Carolina Ports Authority (SCPA) reported year-over-year growth during the first quarter of its 2017 fiscal year…
An agreement between two marine terminal companies located at the Port of Miami will go into force on December 31, 2016, permitting those parties to seek cooperation and commonality in both business and operating matters. The U.S. Federal…
The port of Antwerp will close 2016 with an expected record volume of more than 214 million tonnes of freight handled. The shipping container volume for its part has risen above 10 million TEU (twenty-foot equivalent units, i.e. standard containers) for the first time in the history of the port…
Abu Dhabi Terminals (ADT) announced the arrival of three of the largest ship-to-shore quay cranes in the world, to accommodate growing volumes and demand at Khalifa Port Container Terminal (KPCT), WAM reports. Transported from China on specially-built vessels…
2016 is not yet over, but the volume of transshipments is already higher than in the previous record year, being currently estimated at more than 36.3 million tonnes. This is a result which, until recently, would have been out of reach for any Polish port…
A new record has been set for the number of containers transported to the Container Terminal at Frihamnen. Never before have so many containers been transported by sea directly to the strongest growing capital city region in Europe and Sweden's largest consumer market…
India's Minister of Shipping Nitin Gadkari has said that projects worth Rs. 1 Lakh Crore (USD 15 Bln) under Sagarmala programme are at various stages of implementation and development. He was speaking to the press at a ceremony to inaugurate…
Taiwan's Wan Hai Lines Ltd will expand further on its already extensive south-east Asia network by joining Thailand-Belawan Service (also known as TBS) on 7th of January 2017, to provide a direct service from Thailand to Belawan. The service will be jointly operated with 'K' Line…
The cost of transporting containers from ports now shows signs of recovery after the fall of Hanjin Shpiping Co after a period of down play, says a report in Business Korea. It appears that the strategy of Maersk Line, the world’s largest…
Incheon Port's annual container volume surpassed 2.5 million TEUs as of December 16, the largest-ever volume in the history of Incheon Port, in 11 years since hitting 1 million TEUs in 2005 and in three years since reaching two million TEUs in 2013…
Korea's Incheon Port is rapidly emerging as a port for government stockpile imports due to a significant increase in imports of US edible soybeans. Incheon Port Authority (IPA) announced that the Korea Agro-Fisheries & Food Trade Corporation…
While increasing the capacity of major ports, Ministry of Shipping has been striving to improve the operational efficiencies through mechanization and other measures. As a result key efficiency parameters have improved considerably. The…
Coastal shipping provides benefit in the form of less environmental pollution due to lower per km consumption of fuel. However, unavailability of consolidated cargo, return cargo and general lack of awareness among shipper community make coastal shipping unviable…
The total length of waterways that can be exploited is 17,000 kilometers, of which 9,000 kilometers are capable of receiving vessels with tonnage of over 100 tons, VietNamNet Bridge reported. Vietnam still cannot take advantage of its 3…