Grindrod to Float Listing of Shipping Business Offshore
Grindrod, the South Africa-listed freight logistics and shipping services firm, said on Friday it will list its shipping business offshore, with a secondary listing on the Johannesburg bourse. Grindrod, which also has a financial services business, said the transaction which will list the shipping business on the NASDAQ is estimated to be implemented by June, 18. Reporting by Tanisha Heiberg
Container Volume Growth Continues in North Carolina
North Carolina Ports reports a boost in container volumes at the Port of Wilmington continues a recent growth trend at the port, where box volumes are currently up 31 percent in fiscal year 2018 and year to date volume in January and February is up 58 percent. “We are seeing unprecedented growth due to two factors: the return of the business that was temporarily effected by the Hanjin bankruptcy and new growth relating to our ability to offer fast and efficient terminal operations,” explained NC Ports Executive Director Paul J. Cozza.
AAPA Elects William Friedman As 2018-19 Board Chairman
Friedman is Port of Cleveland's President & CEO. At its 2018 Spring Conference on March 20, the American Association of Port Authorities (AAPA)—the unified and recognized voice of seaports in the Americas—elected William D. Friedman, president and chief executive officer for Northeast Ohio’s Cleveland-Cuyahoga County Port Authority, to serve as the association’s chairman of the board for the 2018-19 activity year that begins in October. Mr. Friedman is slated to be installed as chairman for a one-year term on the final day of AAPA’s 2018 Annual Convention, set for Oct.
Global Ports Collaborate on Clean Air Solutions
Participants from ports around the Pacific Rim, Asia, the Americas, and Europe gathered in Los Angeles this week to discuss innovations and best practices for reducing emissions from port-related operations. The two-day Pacific Ports Clean Air Collaborative conference was hosted by the Port of Los Angeles in collaboration with the Commission for Environmental Cooperation and the US-China Green Ports and Vessels Initiative. The conference included representatives from shipping and cruise lines, terminal operators, regulatory agencies, trucking and logistic companies, and universities.
Novorossiisk Loadings Suspended Due to Storm
Russian oil pipeline monopoly Transneft said on Friday oil loadings from the port of Novorossiisk were suspended due to a storm. (Reporting by Vladimir Soldatkin Writing by Christian Lowe and Mark Potter)
Greece Concludes Sale of 67% Stake in Thessaloniki Port
Greece concluded the sale of 67 percent stake in Thessaloniki port, the country's second-largest, to a German-led consortium, its privatisations agency (HRADF) said on Friday. Deutsche Invest and its partners, France's Terminal Link SAS and Cyprus-based Belterra Investments, signed the deal in December. The sale is part of a privatisation scheme Greece has agreed under its latest international bailout. The deal is worth 1.1 billion euros, HRADF said, and the consortium has already…
Cepsa Debuts South Europe's First Multi-product LNG Supply Vessel
Cepsa presented in the Port of Huelva the first multi-product marine fuel supply vessel in southern Europe. The vessel, based in the port of Huelva, will provide ship to ship Liquefied Natural Gas (LNG), in addition to traditional fuels: fuel oils and diesel. State-of-the-art technology has been used in its construction including a new fuel measurement system, based on Mass Flow Meters technology, which guarantees the accuracy in the supply of fuel to vessels. The new multipurpose vessel (OIZMENDI)…
Gaining the Competitive Edge in a Booming Cruise Industry
2018 is set to be a recordbreaking year for new cruise ships, with just about every major cruise line due to launch a new ship during the course of the next 12 months. The four leading cruise companies – Carnival, Royal Caribbean, Norwegian Cruise Line and MSC Cruises – are all poised to unveil their own state-of-the-art vessels, each attempting to offer the most innovative features at sea. The cruise ship building boom will force ship owners to think of new ways to outsmart their competitors…
Supply Chain Technology: Debunking Digital
Digitization without integration in the world of global shipping is a sure recipe for failure. While most shipping companies would say that they have embraced the digital world, there are differing degrees of digitization. Some companies operate fully comprehensive systems that extend into every corner of their business. Others might use programs such as Microsoft Word to create documents or Excel for their finances. Both companies are digitized but clearly not to the same extent.
Recent Casualties Highlight Importance of Cargo Insurance - iContainers
The ocean freight industry has seen several major incidents over the past few weeks, including two fires on board two separate Maersk vessels, and a containership collision in Karachi Port that forced the temporary closure of the port. These incidents underscore the importance of always buying cargo insurance to protect merchandise and cushion damage, says Klaus Lysdal, Vice President of Sales and Operations at iContainers, a 100 percent online freight forwarder. The major fire…
Antwerp Port Pushes Onshore Power for Ships
The Antwerp Port Authority aims to create the necessary conditions to supply onshore power for seagoing ships in the port. In order to realize this ambition, it will sign two agreements on Friday, 23 March, during the World Ports Sustainabaility Program-event in Antwerp. The first agreement will receive the signatures from the Port Authority and Alfaport-VOKA, the representative of the private port community whose support is essential for the project to succeed. Under the second agreement…
Savannah Port's First Super Crane Starts Up
The first of Georgia Ports Authority's four new Neo-Panamax cranes came online this week, bringing GPA's operating fleet to 27 - more than any other single terminal in the nation. "Georgia's ports are dedicated to staying a step ahead of market demand," said GPA Executive Director Griff Lynch. The super-sized crane is tall enough to lift containers 152 feet above the dock. The crane started work before dawn Wednesday on a 13,300 twenty-foot equivalent container unit Hapag Lloyd vessel.
Hiab's Multilift Commander Launched
Hiab, part of Cargotec, has launched an innovative new product to handle containers safely and efficiently in locations where no infrastructure exists to load or unload containers from a truck. Originally developed for the logistics needs of governmental organisations, the MULTILIFT COMMANDER container handling unit is an application for the popular MULTILIFT XR21 hooklift that enables both ISO 1C and 1CC freight containers, and DIN standard demountable flatracks, to be handled by the same truck. "This is a new application for the commercial hooklift market.
DP World, Tata Group Mull Cooperation Opportunities
Sultan Ahmed Bin Sulayem, Group Chairman and Chief Executive Officer, DP World, has met senior executives from India’s Tata Group to explore opportunities for cooperation, knowledge sharing and best practice. Discussions covered logistics and supply chain operations, innovative customer care and creating high quality, sustainable services. The meeting was attended by Ahmed Al Haddad, Chief Operating Officer, Jafza, and Mahmood Al Bastaki, CEO, Dubai Trade. Bin Sulayem outlined DP World’s operations across 40 countries…
ZIM Upgrades ZCP, Rolls-out CFX Service
The biggest cargo shipping company in Israel ZIM Integrated Shipping Services (ZIM) upgrades ZIM Container Service Pacific (ZCP) and Introduces a New Service (CFX) Connecting Jamaica, Florida & Canada. "ZIM is pleased to announce a change and upgrade of our flagship ZIM Container Service Pacific (ZCP), and the simultaneous launch of a new Canada Florida Express service (CFX), starting April 3rd," said a statement from the company. The combined synchronized change will improve transit time and service levels, and expand port coverage.
SC Ports: Record Box Volume through February
South Carolina Ports Authority reported a fiscal year-to-date container volume record of over 1.4 million twenty-foot equivalent container units (TEU) handled since July. SCPA moved 168,480 TEUs during the month of February, which drove a fiscal year-over-year container volume increase of 1.07 percent. "Our container volumes are on track leading into spring, which is generally a strong season for the Port," said Jim Newsome, SCPA president and CEO. As measured by the total number of boxes handled…
Charleston Harbor Deepening Construction Begins
At a ceremony held earlier in March, officials celebrated the beginning of construction on the Charleston Harbor Deepening Project to 52 feet. "It is a monumental accomplishment to begin construction on the Charleston Deepening Project, which make Charleston the deepest port on the East Coast at a time when deep and wide shipping channels are necessary," said Jim Newsome, South Carolina Ports Authority president and CEO. "The container shipping industry today is dominated by big ships, and ports must adapt to handle them in order to remain competitive.
DP World to Build, Manage Congolese Deepwater Port
Dubai ports operator DP World will build and manage a new deepwater port on Democratic Republic of Congo's Atlantic coast, the Central African country's transportation minister said on Wednesday. Jose Makila told reporters that DP World would hold a 70 percent ownership stake in the port at Banana while the government would control 30 percent. Reporting By Amedee Mwarabu
Acta Marine’s Newbuild Completes Sea Trials
The SOV W2W vessel Acta Auriga, currently under construction at Ulstein Verft, Norway for owner Acta Marine, has successfully completed sea trials. The walk-to-work vessel is custom-designed for the offshore energy industry. Together with a 3D crane, SMST gangway and elevator tower, and the X-BOW and X-STERN design solutions, the vessel will break new grounds in workability, in-field agility, offshore logistics and comfort on board for 120 persons combined with a low fuel consumption, the builder said.
Rooney Appointed Business Development Manager, Forth Port
Forth Ports, the UK’s third largest ports group, has appointed Ann Rooney as its new Business Development Manager to focus on oil and gas support and decommissioning activity for Scotland. Ann is a senior executive experienced in business development and operational functions within the shipping, logistics and marine sector. She previously worked with DB Schenker for seven years in various roles and also with GAC Shipping Limited as project coordinator and ships agent. Ann, who has started with the business…
New Samskip container service for ACT
A new short-sea container service between Amsterdam and Hull will be formally inaugurated today (21 March 2018) with the first call of the 340-TEU vessel THEA II at Amsterdam Container Terminal (ACT). The new service, operated by leading short sea container operator Samskip, offers three sailings a week on this new route with vessels departing from Amsterdam on Mondays, Wednesdays and Saturdays. “Amsterdam Container Terminal offers shipping lines the opportunity to serve their customers in a fast, efficient, reliable and sustainable manner.
Post Hurricane Maria, Crowley to assist Puerto Rico's Recovery
It’s been called the most logistically challenging relief effort the United States has ever managed. When nearly Category 5 Hurricane Maria struck Puerto Rico, it left a wake of destruction that residents and emergency responders are still reckoning with. The road to recovery for an island like Puerto Rico is different from mainland locations. The American territory sits about 1,000 miles away from the closest city in the contiguous United States. Transportation of cargo, supplies and equipment requires specialized vessels or aircraft, even in good times.
British Ports Association Calls for ‘Frictionless’ Brexit
The British Ports Association has published a new strategic report - ‘A Brexit Dividend’, which calls on the UK Government to deliver on the Prime Minister’s pledge of ‘frictionless’ trade after Brexit. Following Monday's (March 19) agreement between UK and EU negotiators on the terms of a transition deal and ahead of the EU Council meeting later this week, the British Ports Association has published ‘A Brexit Dividend’. Ports are calling for a pragmatic deal with the EU on both…
Maersk, Hamburg Süd Improves Asia-Europe Services
While Maersk Line relaunched Asia-Europe Network to increase schedule reliability, Hamburg Süd upgraded schedule reliability in Asia – Europe/Mediterranean network. Maersk Line announced changes to its services connecting Asia and Europe to focus on improving the reliability of the world’s most comprehensive Asia-Europe network. Enhancements address customers’ needs for stable and efficient services and allow for competitive coverage of ports and main markets in both Asia and Europe.
Proposed NATO Logistics Command Will Be Based in Ulm
A proposed new NATO logistics command aimed at deterring Russia would be based in the southern German city of Ulm, the German Defence Ministry told lawmakers on Tuesday. It said a broad plan for the new Joint Support and Enabling Command (JSEC) would be completed by mid-April, with a formal decision by NATO expected at a meeting of alliance defense ministers from June 7-8. “As a framework nation for the JSEC, we can make a significant contribution to burden-sharing in the alliance,” state secretary in the Defence Ministry Peter Tauber told lawmakers in a letter.
NWSA Box Volumes Grew 6% in February
The Northwest Seaport Alliance said a late Lunar New Year positively impacted its February volumes as shippers moved cargo in advance of the holiday. Total container volumes grew 6 percent in February 2018 compared to February 2017 for a total of 279,488 TEUs. Total international container volume, at 233,643 TEUs, increased 7.4 percent from February 2017. At 125,005 TEUs, import volumes were up 13.4 percent from the prior year volumes. Meanwhile exports were up 1.3 percent at 108,638 TEUs. Total domestic volumes in February decreased 0.7 percent to 45,845 TEUs compared to February 2017.
Forth Ports Secures Scotland's First AEO Accreditation
Forth Ports, one of the UK’s largest port groups, has been awarded an internationally recognized quality mark – the Authorized Economic Operator (AEO) - issued by Her Majesty’s Revenue and Customs (HMRC) – for its major ports on the River Forth. The AEO accreditation recognizes that the customs controls and procedures at each of the ports are efficient and compliant and most importantly, secure. The ports of Grangemouth, Leith and Rosyth are the first ports in Scotland to receive full AEO status for security and customs simplification processes.
CNCo, SPREP Ink Recycling MOU for Pacific Islands
The China Navigation Company (CNCo) and the Secretariat of the Pacific Regional Environment (SPREP) have today signed a memorandum of understanding (MOU) to address critical waste management issues in the Pacific islands. Known as the “Moana Taka Partnership”, this MOU allows for CNCo vessels to carry containers of recyclable waste from eligible Pacific island ports, pro bono, to be sustainably treated and recycled in suitable ports in Asia Pacific. “This historic partnership will be of great benefit to our Pacific islands…
Duluth-Superior Shipping Season To Open Today
The anticipated departure of six vessels this week signals a strong start to the 2018 commercial shipping season for the Port of Duluth-Superior and the entire region. All will be leaving their winter berths to load iron ore for delivery to steel mills on the Lower Great Lakes—this nation’s industrial heartland. U.S. Coast Guard cutter Alder made several passes through the ice in the shipping channels last week, and, starting today, Heritage Marine tugs will be assisting with breakout operations in the harbor.
Bharat Mumbai Container Terminals Enhances Connectivity
Bharat Mumbai Container Terminals Private Limited (BMCT) continued to improve connectivity and ease of doing business for JNPT (Jawaharlal Nehru Port Trust) users with its first barge and train volumes last week. A 90-TEU (twenty-foot equivalent unit) block train departed for Mandideep on 13 March 2018, while a second train left for Nagpur on 16 March. Both trains were operated by Container Corporation of India (Concor). On 18 March, there were both barge and rail movements as Shahi Shipping’s “Royal Hugli” barge loaded 75 TEUs at BMCT for the short marine transit to Mumbai Port Trust…
Trump Proposes Boost to Maritime Infrastructure Investment
On February 12, President Trump released his highly anticipated infrastructure proposal, a “Legislative Outline for Rebuilding Infrastructure in America.” Unlike prior federal infrastructure development strategies, which rarely discussed the need for maritime infrastructure investment, the proposal places maritime infrastructure on equal footing with other surface transportation modes in terms of potential funding opportunities. The outline contains proposals that would create three new major programs…
Hamburg Süd: Upgrades Asia – Europe/Mediterranean network
Since February 2017, Hamburg Süd, through its partnership with 2M, has been able to offer its customers access to the world’s most comprehensive Asia – Europe/Mediterranean network. As part of a regular network review, and in an effort to enhance schedule reliability, the decision has been made to rearrange this network in the second half of the second quarter in 2018. Increased buffer times and eliminated duplicate port calls throughout the network allows schedules to better absorb delays and therefore reduces the need to omit ports.
Wärtsilä acquires Transas
Wärtsilä announced today that it has acquired Transas, an innovative, digital solutions provider headquartered in the UK. This acquisition is a recognition of Transas’ strong position in the maritime technologies market and its technological leadership. The transaction will allow Transas to work within a global maritime company in delivering its solutions, bringing scale and value to the industry in need of innovation leadership. Transas is a global market leader in marine navigation solutions that include complete bridge systems, digital solutions and electronic charts.
3 Rescued Off Port of St. Lucie
The Coast Guard rescued three people aboard a disabled boat approximately 12 miles east of Port of St. Lucie, Sunday. At approximately, 5 a.m., the crew of the tug McAllister Sister notified Coast Guard Sector Miami watchstanders of a red meteor flare from a 23-foot center console. The watchstanders directed the launch of a Coast Guard Station Fort Pierce 45-foot Response Boat—Medium crew to assist The Coast Guard boatcrew arrived on scene and towed the center console to the Smithsonian Marine Station.
DP World Acquires Cosmos Agencia Maritima in Peru
Dubai-based DP World, , one of the world's largest port operators, said it had bought a logistics firm Cosmos Agencia Maritima (CAM) in Peru for $315.7 million, giving it a 50 percent stake in the country's second largest container terminal. "CAM owns a fully integrated logistics service business (Neptunia S.A and Triton Transport S.A)that offers end-to-end solutions to its customers. The logistics division offers an integrated platform of solutions in activities related to foreign trade…
Port of Gothenburg: Sustained Growth in Ro-Ro Operations
Ro-ro operations at the Port of Gothenburg are looking bright, with sustained growth three years in succession. There has been an increase of 10 per cent over the past year alone, with the number of units currently standing at 593,000. But there is still potential to raise the bar even further by switching a higher proportion of freight from Norway to Gothenburg from land to sea. It is hoped that closer collaboration between the ports in Hirtshals, Kristiansand, Larvik, Grenland…
World’s Second Largest Container Ship CMA CGM Antoine de Saint Exupéry Docks in Hamburg
The ‘CMA CGM Antoine de Saint Exupéry', the largest containership ever to call at the port on the Elbe, berthed in Hamburg early on Thursday morning, 15 March. The maiden call by this ocean-going giant is a further milestone in the Port of Hamburg’s success story as one of the world’s most important and state-of-the-art container handling hubs. The triumphant advance of the container, which has revolutionized the worldwide transport industry, commenced in the Port of Hamburg on 31 May 1968. With the ‘American Lancer', a containership berthed at Burchardkai for the first time that day.
MSC Improves Cargo Transit Between Seville and the Atlantic
MSC Mediterranean Shipping Company, a global leader in transportation and logistics, is pleased to announce the launch of a new freight rail service between Seville, Spain, and the Atlantic, beginning 4 April 2018. The service is expected to run daily between Seville’s inland maritime port – Puerto de Sevilla – and the major coastal port hub of Sines, Portugal, with a capacity of more than 100 TEU (twenty-foot equivalent unit) per return journey. Shippers will have the possibility to obtain customs clearance for cargo at Seville’s inland maritime port…
Work in Progress to Expand Dunkirk Box Terminal
Container handling in the Port of Dunkirk takes place mainly at the Flanders Terminal. The activity continues to grow steadily, with numbers increasing from 200,000 TEU in 2010 to 375,000 TEU in 2017. In February 2017, to maintain this development and ensure that the world's largest container carriers can be berthed in all sea conditions, the Port of Dunkirk, as Project Owner, launched the building of the Flanders Terminal Extension. This extension will enable the container terminal operator, as of 2019, to berth two new-generation megamax container carriers simultaneously.
Kalmar Backs Suomen Satamatekniikka Oy
Kalmar, part of Cargotec, has signed a Kalmar Care service agreement with Suomen Satamatekniikka, a subsidiary of Steveco, covering the maintenance and service of 16 Kalmar straddle carriers at the Port of Helsinki, Finland. The order was booked in Cargotec's 2017 fourth quarter order intake and the agreement comes into effect from the beginning of February 2018. Steveco, a leading port operator in Finland, employs approximately 850 people and has annual revenues of close to EUR 160 million.
New Members Join NOAA’s Hydrographic Services Advisory Panel
NOAA acting administrator retired Navy Rear Adm. Tim Gallaudet, Ph.D., has appointed three new members to the Hydrographic Services Review Panel, a federal advisory committee that gives NOAA independent advice for improving a range of services and products that support safe navigation and coastal resilience. Sean M. Duffy Sr., executive director, Big River Coalition, New Orleans, La. Retired USCG Capt. Julie Thomas, senior advisor, Southern California, Coastal Ocean Observing System, Scripps Institution of Oceanography, La Jolla, Calif.
Brazilian Grain Producers Explore Increased Use of Panama Canal
Brazilian farmers in top soy state Mato Grosso signed a memorandum of understanding with the Panama Canal Authority to evaluate ways to cut transportation costs and boost Brazilian grain volumes using the waterway, the authority's chief administrator said. The canal's administration is looking to increase its participation in rising Brazilian grain exports, since a large part of grain trade expansion in Brazil is via new terminals in the northern part of the country, which are closer to the canal.
Port Manatee Draws German Interest
Port Manatee holds promise as a trade gateway for German companies, according to Germany’s Miami-based consul general, who visited the Florida Gulf Coast port Thursday [March 15]. “Port Manatee is an important part of Florida infrastructure,” said Annette Klein, Germany’s consul general for Florida, Puerto Rico and the U.S. Virgin Islands. “As German companies look for a U.S. port to meet their needs, it is important for us to be aware of such ports and their capabilities and objectives.
Hong Kong's Richest Man Li Ka-shing Retires
Li Ka-shing to retire after annual general meeting on May 10; will stay on as senior adviser to the group. Hong Kong's richest man, Li Ka-shing, announced his retirement as chairman of CK Hutchison Holdings Ltd on Friday, bringing to a close a rags-to-riches story that made him a hero in the freewheeling capitalist hub. Li, 89, will retire after the annual general meeting on May 10, the ports-to-telecoms conglomerate said in a filing to the Hong Kong bourse, passing the mantle to his eldest son Victor Li, who was named successor several years ago.
Hamburg Welcomes Its Largest Ever Box Ship
The largest ever containership to call at the port on the Elbe berthed in Hamburg early on Thursday morning, March 15. The oceangoing giant CMA CGM Antoine de Saint Exupery made its maiden call at the Port of Hamburg's HHLA Container Terminal Burchardkai (CTB) where it will discharge approximately 7,000 TEU and load 4,000. The 400-meter-long CMA CGM Antoine de Saint Exupery, delivered to French owner CMA CGM earlier this year, has a capacity of 20,776 TEU. End-to-end, those containers would cover a distance of over 125 kilometers.
Two New Patrol Boats for Pakistan Customs
Pakistan Customs has taken delivery of two Damen Stan Patrol 1605 FRP patrol boats. The handover ceremony took place on March 10 at Karachi Shipyard & Engineering Works Ltd (KS&EW). The celebrationwas attended by distinguished guests including Dr Miftah Ismail, advisor to the Prime Minister on Finance, Revenue & Economic Affairs, Mr. Iftikhar Ahmed, Collector Pakistan Customs, Rear Admiral Syed Hasan Nasir Shah, Managing Director of KS&EWand Mrs. ArdiStoios-Braken, the Ambassador of the Kingdom of the Netherlands to the Islamic Republic of Pakistan.
DP World's Earnings Grow 15.1%
Global trade enabler DP World today announces strong financial results for the twelve months ending 31 December 2017. The company delivered earnings in excess of $1 billion and above 50% EBITDA margin for the full year. Revenue grew 13.2% and adjusted EBITDA increased 9.1% with adjusted EBITDA margin of 52.4%, delivering profit attributable to owners of the Company, before separately disclosed items of $1,209 million, up 7.3%, and EPS of 145.6 US cents. On a like-for-like basis…
Panama Canal Pact with Mato Grosso for Bulk Grain Cargoes
The Panama Canal signed a Memorandum of Understanding (MOU) in Cuiabá, Brazil that will promote the Panama Canal's position as a route for grain shipments traveling from northern Brazil to ports accessed in the Pacific Ocean. The agreement, signed with the Association of Soybean and Corn Producers of Mato Grosso (Aprosoja), will allow the two groups to conduct joint marketing activities and exchange market studies and information on trade flows to support modernization and improvement programs.
India to Augment Capacity Along Inland Waterways
The Government of India proposes to augment capacity to develop eco-friendly and economic mode of transportation along inland waterways and coastal shipping routes under the Sagarmala Programme. Sagarmala is the flagship programme of the Ministry of Shipping to promote port-led development in the country by harnessing India’s 7,500 km long coastline, 14,500 km of potentially navigable waterways. It aims to reduce the logistics costs by doubling the share of domestic waterways in the modal mix from current 6 per cent.
Port Security Training in Dominican Republic
International Maritime Organization (IMO) maritime security training is underway for port facility security officers, managers and designated authority officials in Santo Domingo City, Dominican Republic (12-16 March). Run by IMO in collaboration with the Dominican Republic Ministry of Defence (Cuerpo Especializado de Seguridad Portuaria), the workshop is training participants on how to perform their duties in line with IMO’s code on International Ship and Port Facility Security (ISPS Code) and SOLAS Chapter XI-2 (click for details).
DP World Says Committed to Port Project in Somaliland
DP World, one of the world's largest port operators, said on Thursday it is committed to the port project in Somaliland despite Somalia's move to ban the ports operator from operating in Somalia. Djibouti's decision to end a contract with DP World to run its Doraleh Container Terminal will make it difficult for Africa to attract investment, DP World's chairman Sultan bin Sulayem told a news conference after reporting full-year earnings. He said the company doesn't know what motivated Djibouti to seize the container terminal.
Infested Chinese Garlic Imports Kick up a Stink in Indonesia
Indonesia has impounded more than 200 tonnes of garlic imported from China, warning that a microscopic worm infestation found in the shipment could put at risk plans by the Southeast Asian country to boost its own garlic crop. Since coming to power in 2014, Indonesian President Joko Widodo has pursued self-sufficiency policies to protect farmers, but efforts to rely on domestic supplies of everything from beef to rice have at times caused shortages and price spikes. Chinese food imports have previously proved sensitive in Indonesia.
DP World to Increase CapEx as 2017 Performance Shines
DP World, one of the world's largest port operators, said on Thursday full-year profit rose 14.9 percent in 2017 and that it would spend $1.4 billion on capital expenditure this year. Profit for the period attributable to owners of the company after separately disclosed items rose to $1.18 billion in 2017 from $1.02 billion in 2016, DP World said in a bourse statement. Revenue increased 13.2 percent to $4.7 billion and the board recommended increasing the dividend by 7.9 percent to $340.3 million at 41 cents per share.
SOHAR Port and Freezone a ‘SmartPort’
Trelleborg’s marine systems operation has supplied its SmartPort technology to SOHAR Port and Freezone, in Oman. Previously, Trelleborg had supplied the port with Quick Release Hooks (QRHs), Docking Aid Systems (DAS), fenders and SafePilot Portable Pilot Units (PPUs). However, while each solution provided a touchpoint for data collection, they were supplied across disparate projects, so were not integrated and were manually managed. The port was determined to take a more holistic approach to operations and Trelleborg has been working to evolve its business model to support smart…
US Dredging: An Advocate for Ports, Waterways & Coastal Protection
U.S. dredging companies are unlocking the potential of U.S. Ports. These companies build their equipment in U.S. shipyards, are owned by U.S. companies and staff their ships and projects with hardworking Americans. U.S.-based Dredgers build to suit the needs of the United States. We all know that it takes a significant amount of time to complete an environmental analysis before a dredging project can commence. This usually means that an environmental impact statement (EIS) under the National Environmental Policy Act of 1969 (NEPA) must be undertaken.
Antwerp Sets up Maritime Training Institute in Brazil
The port of Antwerp is to make its know-how and expertise available to further professionalise the management of ports in Brazil. It will do this by among other things providing a special series of seminars in two already active training centres for maritime professionals in Brazil. The initiative is laid down in a Memorandum of Understanding that was signed on Tuesday this week by Marc Van Peel with among others Maurício Quintella, the Brazilian minister of Transport, Ports and Civil Aviation.
COSCO Shipping Ports Signs Deal with Navis
Navis, part of Cargotec's business area Kalmar, has entered into a subscription agreement with Cosco Shipping Ports Ltd. (CSP) for the Navis N4 terminal operating system (TOS). With the N4, Cosco aims to further enhance the efficiency of its port operations. CSP is one of world's leading ports operators. Presently it operates and manages 269 berths (179 for containers) at 38 ports worldwide, with a combined annual handling capacity of approximately 103 million TEU. With the N4 order…
Djibouti Says Its Container Port to Remain in State Hands
Djibouti's container port will remain in state hands as the government seeks investment, a senior official said on Wednesday in comments likely to reassure Washington where lawmakers say they fear it could be ceded to China. The Doraleh Container Terminal is a key asset for Djibouti, a tiny state on the Red Sea whose location is of strategic value to countries such as the United States, China, Japan and former colonial power France, all of whom have military bases there. Djibouti last month terminated the concession of Dubai's state-owned DP World to run the port…
LA Port Volumes Surge 16%
The Port of Los Angeles processed 725,059 Twenty-Foot Equivalent Units (TEUs) in February, the busiest February in the port’s 111-year history. Volumes jumped 16 percent compared to last February. Two months into 2018, overall volumes have increased 5.6 percent compared to 2017, which was the Port’s best year ever. The surge in February volumes is due in part to the Lunar New Year, which fell later this year. Shippers moved cargo ahead of the holiday celebrated in Asia and thus March volumes are expected to be lighter this year with the advance shipments coming in February.
GEODIS, Portrix Partner for Instant Online Pricing
GEODIS, one of the world’s biggest transport and logistics operators, has chosen Portrix Logistic Software (PLS) as a partner for generating transportation quotes to its customers online. PLS is integrating its WebQuote solution, an extension of its leading Global Price Management (GPM) software, with GEODIS’ web portal IRIS. IRIS is the “Intelligent Real-Time Information Service” of GEODIS, an online solution for the company’s freight forwarding customers. The new service developed with PLS will greatly simplify the process of obtaining instant transportation prices.