Month: November 2017

COSCO tops global container carriers in Q3 2017 by volume, Maersk #2

COSCO Shipping

In Q3 2017, COSCO Shipping has overtaken Maersk Line by container liftings for the first time, becoming the world’s container carrier #1, informs Splash24/7 quoting the liner shipping research agency Alphaliner. The Chinese container giant COSCO Shipping, which merged with China Shipping in early 2016, reported 5.49 mln TEU of loaded volumes in the third […]

General contractor for Pionersky port is announced

Kaliningrad cruise port

The Russian Federal State Enterprise “Rosmorport” announced the general contractor for the construction of the international sea terminal Pionersky to accommodate cruise ships and ferries in Kaliningrad region, Russia, informs Rosmorport’s press service. Bolwerk LLC, a Russian company headquartered in Samara, has won the tender announced by Rosmorport at the end of October. Bolwerk is […]

Australian container volumes grow with new entrants

Australian ports

The container throughput of the Australian ports grew by 3.7% to 7.2 mln TEU in 2016 – 2017, the highest volume ever recorded, states the Australian Competition and Consumer Commission (ACCC) in its Container Stevedoring Monitoring report 2016-17. During this period, Sydney has overtaken Melbourne and become Australia’s largest container port. Over the past 10 […]

FESCO delivered project cargo for Moscow metro via Northern Sea Route

FESCO project cargo

FESCO Transportation Group, a leading Russian container logistics company, has completed the delivery of 5 tunnel-boring machines from Shanghai to Moscow via the Northern Sea Route, informs the company’s press service. The equipment was produced by China Railway Construction Corporation Limited and will be used to construct stations of a new line of Moscow metro. […]

Shanghai, Ningbo punished for violating anti-monopoly law

anti-monopoly port law

Four major Chinese ports have been found violating the anti-monopoly law: Shanghai International Port (Group) Co. Ltd., Tianjin Port (Group) Co. Ltd., Qingdao Port (Group) Co. Ltd. and Ningbo Zhoushan Port Co. Ltd. On 15 November 2017, China’s National Development and Reform Commission (NDRC) held a press conference, where Meng Wei, an NDRC spokeswoman, told […]

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