Egypt eyes Asian investment for a new container terminal in Port Said at the Mediterranean end of the Suez Canal, writes Nikkei Asian Review. The talks go on with Singapore’s PSA International but offers from other players such as China’s COSCO Shipping Ports are also considered. Mohamed Youssef, head of the Holding Company for Maritime […]
APL to be charged over shipping military vehicles without license
The Hong Kong Customs and Excise Department has pressed charges today against APL shipping company and the captain of the container ship which delivered nine Singapore military vehicles into the city from Taiwan in November 2016 without the required license, writes South China Morning Post. 9 Terrex Infantry Carrier Vehicles were shipped from Singapore to Taiwan […]
Algeciras extends bidding term for its new container terminal
The Port Authority of Algeciras, Spain, has extended the term for submission of bids for constructing and operating the third container terminal at the port until 31 May 2017. Initially, the international public tender launched last August had the bidding deadline on 30 November 2016, but later the deadline was postponed until 31 March 2017 […]
Russian container throughput up 8.6%
The container throughput of Russian sea ports in January-February 2017 has grown by 8.6% on a year-on-year basis, up to 668.27 th. TEU, TASS news agency reports the data by the Association of Russian sea ports. A 10% increase is noted in import volumes, to 292.05 th. TEU. Exports have also increased: 279.37 th. TEU, […]
Spanish port reform rejected, strike called off. What next?
Spanish dockworkers unions have called off the remaining days of the strike scheduled for March, 17, 20, 22 and 24, after the Congress rejected yesterday the new law on dock labour system reform suggested by the government. The lower house of Spain’s Parliament voted down the law, which now has a status of royal decree, […]
Global Ports: 2016 results, CEO steps down
The leading Russian container terminal operator Global Ports Investments PLC (Global Ports, 32% of total Russia’s container volume) has announced today its operational and financial results for year 2016. The Group reports profit of USD 61.3 mln against last year’s loss of USD 33.7 mln. Its revenue decreased by 18.3% as compared to 2015, at […]
US container imports to grow significantly in 2017
Hackett Associates in its latest Global Port Tracker report produced for the National Retail Federation (NRF) marks an “unusually high” growth in import volumes of US major retail container ports in January 2017, up 12.5% as compared with the previous year, reports NRF. The ports covered by the Global Port Tracker include Los Angeles/Long Beach, […]
FESCO connects Belarus and Vladivostok with rail shuttle
The official ceremony dedicated to the arrival of the 25th regular container train FESCO Minsk Shuttle took place in Minsk, Belarus on 7 March 2017. The weekly rail service from Vladivostok port in the Russian Far East to Kolyadichi station in the Republic of Belarus was launched in September 2016. As announced by FESCO press […]
Kalmar to provide more straddle carriers to HHLA
Kalmar, part of Cargotec, has signed an order with Hamburger Hafen und Logistik AG (HHLA), the leading European port and transport logistics group, for 11 diesel-electric straddle carriers, reports Cargotec in its press release. This order comes closely after the one of 2016 for nine machines, demonstrating the strength of HHLA’s relationship with Kalmar and […]
Innovative container for bulk cargo
Russian port of Bronka has started testing an innovative container for bulk cargoes, writes PortNews. The container is developed by Russian company UNA and promoted by KOTTA Container, both firms are based in St. Petersburg. The framework of the container is made of steel, passed preliminary trials according to the program and methodology approved by the […]