In December, the Yangshan Deepwater Port in Shanghai will start operating 7 new berths with depths of 15m, boosting Shanghai’s annual handling capacity up to 40 mln TEU and thus confirming its status of the world’s busiest container port, writes South China Morning Post. According to a press officer of Shanghai International Port Group, Yangshan […]
FESCO unique heavy cargo logistic project
Russian FESCO Transportation Group delivers two giant hydraulic turbine wheels manufactured by the Leningrad Metal Factory in St. Petersburg (part of the Power Machines Corporation) to the Krasnoyarsk hydroelectric power plant via the Northern Sea Route. Weighing 244 tons each and measuring 8.5m in diameter, these are the largest radial-axial wheels in Russia ever produced […]
Port.Today comes back in September
Dear readers! We would like to inform you that Port.Today will be on vacation in August. We will come back to you with more interesting news, insights and analysis in September. We wish you to enjoy this last summer month, wherever you are! Your Port.Today.
Polish and Romanian ports and rail operators proceed with Three Seas Initiative
The Port of Gdansk Authority SA and Polish rail freight transport operator PKP CARGO SA signed a Memorandum of Cooperation with CFR Marfa, Romanian state rail cargo operator, and the Port of Constanta Authority, informs the port of Gdansk. The document opens a new stage in the development of cooperation between Northern and Southern Europe […]
Blockchain for secure, efficient release of containers in the port
Antwerp Port Authority has announced the launch of a pilot project for secure and efficient release of containers developed in its innovation network called “Capital of Things”. In close collaboration with the City of Antwerp, the University of Antwerp and IMEC, the Port of Antwerp is developing a unique ecosystem based on the Internet of […]
China Merchants Port cements its position at Sri Lanka
Chinese port operator China Merchants Port Holdings (CMPort) has announced the acquisition of an 85% stake in Hambantota Port at Sri Lanka for USD 974 mln. The Concession Agreement to develop, manage and operate the port has been reached between the company, the government of Sri Lanka, Sri Lanka Ports Authority (SLPA), Hambantota International Port […]
Russian container imports keep growing: +17.3% in 1H 2017
Russia’s container ports demonstrate strong growth in 2017. From January through to June 2017 they handled 2.26 mln TEU, surpassing the data of the same period in 2016 by 15,3%, informs TASS news agency quoting the Association of Russian sea commercial ports. Both import and export volumes continue the upward trend of the first quarter: imports […]
Novorossiysk is cleared of its competition charges
The Moscow Arbitration Court rejected the ruling of the Federal Anti-Monopoly Service of Russia (FAS) with regards to Novorossiysk Commercial Sea Port (NCSP) on the case of stevedoring tariffs, informs TASS news agency. As we wrote earlier this month, in June 2016, FAS initiated a legal action against nine stevedoring companies accusing them of abusing […]
Chinese consortium to build new container terminal in Hamburg?
Hamburg port community strongly opposes the results of the 5-months international ideas competition initiated in January 2017 by the Hamburg Port Authority (HPA) with the view to develop the 42-hectare area Steinwerder-Süd. The competition has been won by China Communications Construction Company (CCCC) with the project to construct a container terminal in that central port […]
Noatum increases capacity of its Valencia terminal
Spain’s leading port operator Noatum invests over EUR 100 mln in its container terminal in Valencia with the aim to increase its capacity and allow mega vessels of over 20,000 TEU call the facility, informs the company. The investment plan includes expansion of the equipment fleet. Thus, Noatum has recently commissioned a new Malaccamax STS […]