Month: January 2017

New container terminals report from Drewry

Last week Drewry held a webinar called “Key trends and developments in the global ports and terminals market” presented by Neil Davison, Drewry’s Senior Analyst, Ports and Terminals. At the webinar Mr. Davidson introduced a new “Ports & Terminals Insight” report which is intended to be issued quarterly and to become complementary to Drewry’s annual terminal […]

US leaves TPP. Will it survive?

Trans-Pacific Partnership map

On Monday, January 23, President Donald Trump signed the executive order to withdraw the United States from the Trans-Pacific Partnership (TPP), reported CNN. With this act, he has started to fulfill his campaign promises “to undo America’s trade ties”. “Great thing for the American worker, what we just did,” Trump told reporters as he signed […]

HMM and MSC share Hanjin’s TTI in US

TTI Long Beach Terminal

Hyundai Merchant Marine Co. (HMM), announced last Friday its decision to buy a 20% stake in Total Terminals International LLC (TTI), an operator of Long Beach Terminal, California, wrote Business Korea. This news immediately follows the U.S. Bankruptcy Court’s approval of Hanjin Shipping Co.’s sale of its 54% stake in TTI to Terminal Investment Limited […]

CTSP container terminal #1 in Russia

Container Terminal Saint-Petersburg

International transportation group UCL Holding owning a number of Russian stevedoring companies in the ports of St. Petersburg, Ust-Luga, Taganrog and Tuapse, announced its 2016 results. According to the company’s press release, the total handled volume increased by 3%, up to 34.1 mln tons, the growth explained by a huge leap by 41% of containerized […]

Russian ports grew 6.7% in 2016

First Container Terminal, St.Petersburg

The total throughput of Russian ports in 2016 reached 721.9 mln tons, which is 6.7% higher than in 2015, announced the Association of Russian sea ports. The ports handled 386.1 mln tons of liquid cargos (+5.9% to 2015), mostly crude oil (228 mln tons, +12.8%) and 335.8 mln tons of dry cargos (+7.5%). The major […]

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