PSA, Partners Jointly Acquire Gdańsk
Singapore-based port operator PSA International, Poland’s sovereign wealth fund PFR, and IFM Global Infrastructure Fund (GIF), have agreed a deal with Australian infrastructure firm Macquarie to buy Poland’s largest container port DCT Gdansk.DCT Gdańsk is situated at the crossroads of the Baltic deep-sea trading routes and holds a strategic position as a major gateway into Poland and Central-Eastern European markets.Construction of the Port began in 2005 with the outgoing shareholders…
First Mobile Harbor Crane with Exhaust Gas Stage V
A new Liebherr LHM 420 Mobile Harbor Crane was officially inaugurated in the middle of February in Passau, Bavaria. The new machine in the port of Passau is the first Liebherr Mobile Harbor Crane to comply with the new exhaust gas purification stage V.Around ten years after the opening of the trimodal port location in Passau-Schalding, bayernhafen has once again significantly expanded its infrastructure. In addition to new extension railway an investment was also made in a new mobile harbor crane. bayernhafen Passau is Bavaria's gateway to and from south-eastern Europe.
Piraeus Port Signs MoU with Italian Ports
The Greek port of Piraeus signed a memorandum of understanding (MoU) with Italy’s port authorities from the cities of Venice and Chioggia.The agreement seeks to develop port services and promote increased trade flow between Europe, the Mediterranean and the Far East.The MoU was signed during a meeting between the chairman and CEO of Piraeus port Fu Chengqiu and the president of the Northern Adriatic Sea Port Authority (Venice and Chioggia) Pino Musolino.The MoU envisages cooperation in improving the exchange of best practices and knowhow in port management…
Polskie LNG Gets Permits for Terminal Expansion
Polish LNG terminal operator Polskie LNG has obtained a set of environmental and location decisions for all projects implemented under the LNG Terminal Expansion Program.The environmental permits are final, while the decisions issued by the Governor of West Pomerania are immediately enforceable (which stems directly from the provisions of the Special Act on the LNG Terminal).The Expansion Program of President Lech Kaczyński's LNG Terminal is implemented as scheduled."The environmental…
P&O Ferrymasters Launches New Link Turkey
P&O Ferrymasters announced the launch of new intermodal services from the Turkish ports of Pendik, Ambarli and Mersin to the Free Port of Trieste in Italy, with onward connections to its European intermodal network.The European provider of tailor-made transportation, logistics and supply chain solutions said in a press release that the new services – with departures six times a week in both directions – will connect with rail links from the port of Trieste to P&O Ferries’ continental hubs at Rotterdam and Zeebrugge…
Global Container Trade Lost Momentum in Q3: Maersk
Global container trade continued to lose momentum in Q3 2018, with growth down to around 2.7% compared to Q3 2017, said A.P. Moller - Maersk in its Q3 interim report.Year-to-date, global container trade has increased by 4.2% compared with the same period last year, a much slower pace of growth than the 5.8% recorded in 2017 Container trade remained fairly weak on the EastWest trades, growing by 1.9% in Q3.Growth was driven by European imports from Asia of 2.3%, refl ecting descent…
Antwerp Port-Europe Traffic Up
Traffic flows between the Belgian port of Antwerp and the hinterland market in Hungary and Austria are increasing continuously. In order to meet the growing demand, the Antwerp Port Authority is promoting the expansion of hinterland connections, especially by rail.Two regular rail connections to Hungary have been established since 2015 and rail services to Austria have been expanded from one to currently three.At a port event held near Vienna on 27 September, leading representatives…
Latvia’s Economy Growing via German Ports Too
Latvia recorded the strongest real growth among European states in the first quarter of 2018, posting a seasonally adjusted rise of 5.1 percent on strong domestic demand, driven by EU funded major projects, and greatly consuming private households. Goods flows in the Baltic States move not least of all via the Ports of Lübeck and Hamburg. Just how closely the German economy is linked to this Baltic state was showcased at an event in Liepaja, Latvia initiated by Port of Hamburg Marketing jointly with the Ports of Lübeck and Liepaja…
Konecranes to Deliver RTGs to Slovenia
The Port of Koper operator in Slovenia, Luka Koper d.d., has ordered five electric Konecranes RTG cranes. The cranes will be equipped with cable reels featuring an auto plug-in system.They will be delivered in the summer of 2019. The contract was signed in June and the order was booked in Q2 2018.Luka Koper’s new Konecranes RTGs will offer important environmental benefits thanks to their electric operation: regenerative power feedback to the local grid, ambient lighting with LED lights and low noise.The cranes will also have driver-assistance features that boost productivity: Auto-steering…
Kalmar to Supply Customized RMGs at DCT Gdansk
Kalmar, part of Cargotec, has signed an agreement with Deepwater Container Terminal (DCT) Gdansk to supply three electrically powered rail-mounted gantry cranes (RMGs) with DCT specific customization. The order, booked in Cargotec's 2018 third quarter order intake, follows a recent DCT order of five Rubber-Tyred Gantry Cranes (RTGs) that took place in the first quarter of 2018. The RMG deliveries are scheduled to take place in the second half of 2019.DCT Gdansk is Poland's largest and fastest growing container facility…
Drones Will Take Off for Shipping, Says Allianz
Unmanned systems are finding a growing number of applications in the maritime sector, and have the potential to make a significant contribution to safety and risk management, says the Allianz Global Corporate & Specialty's (AGCS) Safety and Shipping Review 2018.These include assessing environmental pollution, monitoring cargo loading and pirate activity along coastlines and carrying out cargo tank inspections. Drones could enable faster, more informed decisionmaking on board, reducing the impact of any incident.
World’s Largest Port Joins IAPH
The Ningbo Zhoushan Port Group, which manages the port complex of Ningbo and Zhoushan in China, decided to join the International Association of Ports and Harbors (IAPH). That was confirmed following the Maritime Silk Road Port International Cooperation Forum, which took place in Ningbo mid-June. IAPH President Santiago Garcia Milà gave a keynote address at the Forum and met on this occasion with Ni Chenggang, the Vice General Manager of Ningbo Zhoushan Port Group to conclude the membership arrangement. Ningbo and Zhoushan represent the largest port complex in the world.
First-Quarter Returns From the Universal Port of Hamburg
This year’s first-quarter throughput total at the Port of Hamburg was notable for a rise in conventional general cargoes, a lower figure of bulk cargoes, a stable trend in container handling and distinct growth on container transport services by rail.In the first quarter of 2018, the Port of Hamburg achieved total throughput of 32.7 million tons (down 7.5 percent). In Hamburg this heading covers general cargo throughput of 22.7 million tons (down 1.8 percent) and bulk cargo throughput of 10.0 million tons (down 18.2 percent).
MSC Expands Intermodal Shipping at Trieste
MSC Mediterranean Shipping Company S.A. is enhancing intermodal connections via the port of Trieste, Italy, to improve transit times for shippers moving cargo between Asia, the Mediterranean and Europe. The new “MSC Graz-Trieste Runner” shuttle train, operated together with Cargo Center Graz, connects Trieste with Werndorf, Austria, once a week. The service is the first direct connection between Trieste and Werndorf and its schedule is coordinated with MSC’s Far East Phoenix ocean-liner service to ensure optimal timing for intercontinental cargo delivery.
European Cargo Logistics, DSV Launch Moravia Shuttle
European Cargo Logistics (ECL), an associated company of Lübecker Hafen-Gesellschaft mbH (LHG), and DSV Road AB, a part of DSV – Global Transport and Logistics, are now reaching another spot on the map, Zajeci in the South Moravian Region of the Czech Republic. This is now the most easterly destination in the ECL network. For DSV this is not a new destination, but it is a way to handle transports to eastern Europe in a more environmentally friendly way. “We do always look at alternatives for reducing the environmental impact…
China's Ningbo-Zhoushan Becomes World's Top Port
China's super-large port Ningbo-Zhoushan, the busiest port in China, saw an annual cargo throughput of 1 billion tonnes, becoming the first one globally to reach this volume, according to data provided by the port. The port in East China's Zhejiang province deepened cooperation with major shipping companies and harbors along the Belt and Road, adding five sea routes to raise its total to 86. It also signed cooperation agreements with 20 other ports, Xinhua reported Mao Jianhong, chairman of Ningbo Zhoushan Port Group as saying.
Ocean Alliance Launches Day Two Product
The Ocean Alliance has launched its new Day Two Product with an estimated 3.6 million TEU carrying capacity provided by approximately 340 containerships deployed on 41 services. The new offering will commence in April 2018. Alliance partners CMA CGM, COSCO, Evergreen and OOCL will offer 20 Transpacific services, six Asia-Europe services, four Asia-Mediterranean services, four Transatlantic services, five Asia-Middle East services and two Asia-Red Sea services. “Ocean Alliance…
MET International Plans to Boost LNG Trades
Switzerland-based MET International AG plans to boost its liquefied natural gas (LNG) trades in Europe by 50 to 100 percent next year, the company's chief executive said on Tuesday. Gyorgy Vargha said that while the company had traded one cargo, or 60,000 tonnes of LNG, per month this year, this is expected to rise to between 1.5 and two cargoes per month in 2018 as MET seeks to increase its role in that segment. MET International was established in 2010 as the natural gas trading arm of parent MET Group…
Invest in Greece, You Won't Regret It: Greek PM
Greek Prime Minister Alexis Tsipras urged French businesses on Friday to invest in Greece, as it emerges from its debt crisis, and assured them that they would not regret it. Tsipras said attracting investment was a priority for his leftist-led government, which aims to reduce the jobless rate, the euro zone’s highest, and make Greece financially independent in 2018, when the country’s third international bailout expires. “Greece is an opportunity... a real opportunity,” Tsipras told French business leaders accompanying French President Emmanual Macron on a two-day trip to Athens.
Chinese, Greek Ports Teams Up to Boost Container Traffic
Piraeus Port, operator of Greece's biggest port and majority-owned by China's COSCO Shipping, has agreed to team up with the operator of Shanghai port, the world's largest container port, to promote container shipping traffic. Piraeus, COSCO Shipping and Shanghai International Port Group (SIPG) have agreed to cooperate in project planning, staff training and information exchange, Piraeus said in a statement on Monday. It said the agreement would create synergies to boost trade and create new business opportunities.
German, Russian Groups Partner on Port Digitization
In early April, during the traditional German week in St. Petersburg, a workshop was run with the accent on ‘Digitalization in the port sector and logistics’. It was co-organized by Port of Hamburg Marketing (HHM), the German-Russian chamber of commerce and the German business Eastern-Europe association. The event also provided a suitable backdrop signing a partnersship and cooperation agreement between Port of Hamburg Marketing and the Admiral Makarov State University for Sea and Inland Waterway Shipping. The ports in Hamburg and St. Petersburg both lie very close to the cities.
Antwerp Focuses on India, China and Eastern Europe
Malini Dutt, Robert Feng and Martin Hubenack have recently been appointed to represent the port of Antwerp in India, China and Eastern Europe respectively. This brings the number of port representatives to 12, reinforcing Antwerp's presence in its core hinterland and important overseas growth regions. The task of these representatives is to keep Antwerp "top of mind" with local companies, ports, chambers of commerce and other players. With an annual freight volume of 6.4 million tonnes carried between it and the Indian ports, Antwerp is the European market leader for this region.
New Intermodel from Antwerp Port to Rhine-Ruhr-Main
The rail operator H&S Container Line is introducing an additional round trip between Andernach in Germany and the two container terminals in the Deurganck dock in the port of Antwerp. H&S already operates on this route, but is raising the frequency to twice per week thanks to financial support from Antwerp Port Authority. The support offered to H&S Container Line is the result of a Call for Proposals (CfP) launched in October last year by the Port Authority to attract projects…
Strategy Adjustment at Royal IHC
KINDERDIJK - 14 OCTOBER 2016 - As a direct consequence of persistently poor market conditions, Royal IHC, supplier of maritime equipment, is fine-tuning its strategy. IHC remains as committed as ever to boosting its knowledge-intensive activities, as is already happening in IQIP, Mission Equipment and Services. Responding to market demand, activities in The Netherlands will focus on creating added value for customers. company. This adjustment in strategic direction will have an impact on around 425 employees in The Netherlands.
Phillips Joins Tatham Macinnes
Specialist maritime solicitor Tatham Macinnes LLP announced that Nick Phillips has joined the firm as a solicitor consultant. Phillips joins Tatham Macinnes from Hill Dickinson and has spent more than 30 years as a solicitor and partner in the maritime sector with a track record dealing with charterparty disputes and all aspects of ship and superyacht construction. He has a core client base of shipyards, ship/yacht owners, charterers and insurers many of which are based in Russia and Eastern Europe.
World Stocks Tumble as Britain Votes for EU Exit
Global capital markets reeled on Friday after Britain voted to leave the European Union, with $2 trillion in value wiped from equity bourses worldwide, while money poured into safe-haven gold and government bonds. Sterling suffered a record plunge. The blow to investor confidence and the uncertainty the vote has sparked could keep the Federal Reserve from raising interest rates as planned this year, and even spark a new round of emergency policy easing from major central banks. The traditional safe-harbor assets of top-rated government debt, the Japanese yen and gold all jumped.