Contship Italia Group, Italy’s leading maritime container terminal and intermodal operator, reports a 1.3% decline in volumes handled at its terminals in 2017 (6.303 mln TEU) as compared to 2016 (6.386 mln TEU), although its rail freight traffic was up 11% (301,009 TEU). The company highlights that while its gateway terminals with access to Italy, […]
PSA launches India’s largest container terminal at JNPT
Phase 1 of Bharat Mumbai Container Terminals (BMCT), Indian largest sea port infrastructure project involving the government and foreign investors was commissioned at Jawaharlal Nehru Port Trust (JNPT) at the end of December 2017, informs The Times of India. The USD 1.24 bln terminal is being constructed as a public-private partnership with Singapore’s port operator […]
Russian container ports grow 15.5% in 2017
The container throughput of all Russian ports increased by 15.5% in 2017 reaching 4.62 mln TEU, reports TASS news agency quoting the Association of Russian sea commercial ports. In the last 5 years, the container volumes of Russian ports dropped dramatically from 5.35 mln TEU in 2013 down to 3.94 mln TEU in 2015 due […]
Riga port aims at new markets in 2018
The Freeport of Riga Authority sets its focus for 2018 on the retention of its position on existing markets and on an active work in the new regions, such as India and Iran, in order to attract new cargo and passenger flows as well as investments to the port, informs the press service of the […]
Cosco Shipping Ports new leader among GTOs?
The Chinese port operator Cosco Shipping Ports (CSP) has finished year 2017 with a 12.6% rise in the throughput across its overall terminal portfolio, up to 87.312 mln TEU from 77.572 mln TEU in 2016. This signals CSP’s potential to become the largest global terminal operator displacing Hutchison Ports from the #1 position. Hutchison Ports […]
Contargo successfully tests Liebherr Reachstacker LRS 545
The Duisburg Intermodal Terminal (DIT) in Germany, part of the extensive European container hinterland logistics network of CONTARGO group, founded by Rhenus SE & Co. KG, has successfully tested the Liebherr Reachstacker LRS 545 at its daily operations. The terminal has been utilizing the machine since summer 2017 and remained highly satisfied with a lower […]
First shipping ICO
300cubits, a Hong Kong-based blockchain start-up, has announced that it will begin giving out its cryptocurrency called TEU to a selected group of container shipping lines and freight forwarders as from 1 February 2018. The world’s first crypto tokens of the shipping industry will be distributed for free, on a first come first served basis, […]
PSA unveils cutting-edge technologies in Singapore
PSA Singapore, a fully-owned subsidiary of PSA International which operates the largest container transhipment hub in Singapore, is currently showcasing advanced port technologies at its “Intelligent Port of the Future” Exhibition held from 10-14 January 2018 at Pasir Panjang Terminal Building 3. Divided into three zones, the exhibition begins with a look back at PSA’s […]
Happy holidays and all the best in 2018!
Port.Today wishes you a glorious year 2018. May the coming year be bright, exciting, bringing grand ideas and high goals! And may all your endeavours be met with due success and appreciation! Cheers to the New Year!
Gwadar and Chabahar ports to be connected?
Iran has received a request from China to establish a connection between the new port of Gwadar, which Chinese companies are developing in Pakistan, and the strategic Chabahar Port in Iran, currently developed by India, informs Iran Daily. This groundbreaking news has been announced by Managing Director of Chabahar Free Trade Zone Abdolrahim Kordi this […]