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 […]

CMA CGM and COSCO to cooperate in ports segment

On 26 January, CMA CGM announced in its press release that COSCO Shipping Ports signed a memorandum of understanding with CMA Terminals Holding, the CMA CGM port subsidiary, to reinforce the strategic cooperation and create more opportunities in global port operations and investments. The both parties agree to cooperate in ports worldwide with the focus […]

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 […]

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