Shipping Majors Join CargoSmart Digital Initiative
The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company, CMA CGM, COSCO Shipping, COSCO Shipping Ports (CSP), Hapag-Lloyd, Hutchison Ports, OOCL, Port of Qingdao, PSA International and Shanghai International Port Group have signed up with it.As per the agreement…
Port Groups Join for Go Green Initiative
Five global container port operators have jointly undertaken a week-long initiative to promote sustainable resource usage in their respective port and facility networks through mass recycling.During the fifth annual Go Green Initiative, 8,332 employees of DP World, Hutchison Ports, PSA International, Port of Rotterdam and Shanghai International Port Group collected a total of 1,966 kg of aluminium cans and 2,227 mobile phones for recycling.The choice of two very different waste products for collection and recycling was intentional.Aluminium cans are one of the most recyclable waste items…
Shanghai International Port Group Buys Kalmar Equipment
Kalmar, part of Cargotec, has secured an order to supply 15 units of container handling equipment to Shanghai International Port Group (SIPG).This order, including a total of 4 units of Reachstackers and 11 units of Empty Container Handlers, has been booked into the Cargotec 2018 second quarter order intake. Delivery of the machines is scheduled to take place in the third quarter of 2018.Founded in 2005, Shanghai International Port (Group) Co., Ltd. is the largest joint-stock port operator in China.
Israeli Seaports Reopen as Workers End Strike
Israeli dockworkers on Sunday ended a three-day strike that had shut down the country's two main seaports after a court ordered them back to work.Officials at the Mediterranean ports of Ashdod and Haifa said operations had resumed and that cargo ships were once again being unloaded.The workers had protested against the creation of competing foreign-run docks.The government, frustrated by labour disputes that have disrupted Israel’s trade arteries for years, gave the green light in 2013 to build new terminals next to the state-run ports of Ashdod and Haifa.Union leaders have been negotiating wi
Ships Stranded as Strikes Shut Israel's Main Ports
Striking workers shut down Israel's two main ports, leaving dozens of cargo ships stranded on Thursday in protest against the creation of competing foreign-run docks.At least 17 ships were waiting to unload at Ashdod port, with another 14 lined up to come in.
Shanghai Port Sets New World Record
The annual handling capacity of Shanghai Port surpassed 40 million TEUs (twenty-foot equivalent units), breaking an existing world record, the Chinese state media reported. Xinhua quoted the Shanghai International Port Group saying that Shanghai Port started container transportation in 1978 with a handling capacity of 7,951 TEUs that year. As one of China's largest ports, its throughput exceeded 30 million TEUs in 2011. In December 2017, Shanghai Yangshan Deep Water Port, the world's biggest automated container terminal, started trial operations.
APM Terminals to Divest Zeebrugge Stake
APM Terminals and Hong Kong-based COSCO SHIPPING Ports, a subsidiary of China COSCO Shipping Corporation, have reached an agreement on the key terms of the proposed sale of APM Terminals’ 76% majority shareholding in the existing APM Terminals Zeebrugge container terminal to COSCO SHIPPING Ports. The acquisition will bring COSCO SHIPPING Ports’ shareholding in the 1 million TEU annual capacity terminal in Belgium’s second-busiest container port to 100%. As part of the transaction…
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.
GPA, VPA File East Coast Gateway Terminal Agreement
The Georgia Ports Authority and the Virginia Port Authority filed on Friday, Feb. The agreement encourages voluntary cooperation in the areas of operational and supply chain efficiencies, safety, communications and customer service. “The U.S. East Coast continues to see larger vessels and cargo exchanges since the opening of the expanded Panama Canal last year,” VPA CEO and Executive Director John Reinhart and GPA Executive Director Griff Lynch said in a joint statement. “Increasingly…
Corvus Delivers for Hybrid Port Equipment
Corvus Energy will provide newly-designed lithium-ion energy storage systems (ESS) for a hybrid rubber-tired gantry crane (RTG) designed by CCCC Shanghai Equipment Engineering (CCCCSEE). The new ESS solution from Corvus is a smaller, ultra high power, liquid cooled system designed specifically to meet the RTG power requirements more cost effectively. Corvus Energy will provide newly-designed battery systems for a hybrid powered rubber-tired gantry crane (RTGs) that will be produced by integrator CCCCSEE for Shanghai Zhenhua Heavy Industry Co. Ltd.
Global Terminal Operators Go Green
Thousands of port employees around the world have enthusiastically contributed their time and effort to a joint environmental initiative launched by marine terminal operators DP World, Hutchison Port Holdings Limited (HPH), APM Terminals, PSA International and Shanghai International Port Group (SIPG) – five of the world’s largest port operators, and joined by the Port of Rotterdam Authority (PRA). The week-long campaign from 14 to 21 September entailed joint activities to pioneer a green drive across operations worldwide, while bringing sustainable change to the communities they impact.
Felixstowe Port Goes Green
The Port of Felixstowe is creating an environmental corridor as part of the Go Green campaign launched by Hutchison Port Holdings (HPH) and a number of other global port operators. The initiative at Felixstowe will include the refurbishment of part of a system of dykes within the port. The work will include the improvement of habitats for wildlife as well as enhancing green areas within a busy industrial complex by planting a mixture of trees, grasses and wild flowers. “The Port…
'Go Freen' Joint Initiative by 5 Top Port Operators
Global marine terminal operators DP World, Hutchison Port Holdings Limited (HPH), APM Terminals, PSA International and Shanghai International Port Group (SIPG) – five of the world’s largest port operators, and joined by the Port of Rotterdam Authority (PRA), have launched the first ever joint industry initiative of this magnitude to promote environmental awareness and make a sustainable difference in the communities in which they operate. The campaign will take place between 14 - 21 September this year with focus on three main themes: re-use and recycling…
SIPG to Acquire 79.2% of Jinjiang Shipping
Shanghai International Port Group Co (SIPG) is all set to acquire 79.2% stake in intra-Asia container line Shanghai Jinjiang Shipping for up to RMB1.94bn ($312.58m). SIPG plans to buy a 48% stake in Jinjang Shipping currently owned by Shanghai International Group, as well as a 31.2% stake held by Shanghai Jiushi Corporation. Shanghai Jinjiang Shipping, short-sea container carrier serving the coast and Taiwan Strait, is operating throughout East Asia. The company’s current fleet of 12 container ships…
Israeli Dockworkers End Ports Strike
Israeli dockworkers ended a two-day strike on Thursday that had shut down the country's two main seaports in protest at the creation of new foreign-run ports. Some 2,400 workers had walked out of the ports of Ashdod and Haifa as union leaders went underground and for most of Thursday defied orders from labour courts to return to their posts. Some 40 ships were left waiting to be unloaded. Israel's transport minister had threatened to declare a state of emergency and the workers could have faced criminal charges, before both port workers' unions agreed to end the strike.
SIPG to Acquire Jinjiang Shipping
Shanghai-listed Shanghai International Port Group (SIPG) is currently considering acquiring part of the equity stakes in Shanghai Jinjiang Shipping, a container shipping company mainly engaged in China-Japan routes, as part of the group’s comprehensive development strategy. SIPG will continue with its further study on the acquisition plan on Shanghai Jinjiang Shipping, and the investment amount and percentage of ownership are yet to be specified. SIPG will conduct further study on an acquisition plan after a due-diligence investigation into Shanghai Jinjiang Shipping…
China Firm's First European Container Terminal Holding
China Shipping Terminal Development agrees to buy a 24 per cent stake in APM Terminals' Zeebrugge in Belgium. The move came six months after the firm, which is wholly owned by China Shipping Container Lines, expressed interest in taking a stake in the Zeebrugge facility, one of three terminals at the Belgian port, reports the South China Morning Post. The company will acquire its interest from APM Terminals, the ports division of Danish shipping, oil and aviation group AP Moller-Maersk, which owns 75 per cent.