The container shipping consortium THE Alliance (Hapag Lloyd, K-Line, MOL, NYK Line and Yang Ming) has announced that all of its mainline UK calls on Asia-Europe and Transatlantic services will be handled by DP World’s terminals at London Gateway and Southampton, reports DP World. The Asia-Europe FE1, FE2 and FE4 services will call at DP […]
Tag: container
OPDR and Boluda to develop container terminal in Seville
German short sea shipping line OPDR, part of the CMA CGM Group, and Spanish Boluda Corporación Marítima have started jointly operating the container terminal in the port of Seville, Spain’s only navigable river port located 52 nautical miles from the Atlantic Ocean. As announced in OPDR’s press release, OPDR, with the contribution of CMA Terminals, […]
ICTSI terminates lease in Portland
Philippine terminal operator International Container Terminal Services Inc. (ICTSI) has announced that its subsidiary ICTSI Oregon Inc. and the Port of Portland, USA, have mutually agreed to end the 25-year lease agreement to operate the container facility at Terminal 6 as from 31 March 2017, reports The Philippine Star. Following approval by the US Port […]
Port of Virginia starts expansion project
Yesterday at Virginia International Gateway (VIG), US East Coast, survey crews began the preparatory work commencing a USD 320 mln three-year expansion project that will nearly double the terminal’s annual capacity, announced the Virginia Port Authority press release. The project is the first of two large-scale expansion projects that, when complete in 2020, will increase […]
Port of Koper introduces RMG technology
The port of Koper, Slovenia, inaugurated on Tuesday the crane rail tracks and the two new RMG cranes which are to substantially increase train loading capacity at the container terminal, as announced in its press release. The RMG technology has never been applied in Luka Koper before. The introduction of the new technology required the […]
DP World, Eurogate to raise Limassol, but the start not easy
On January, 29, the global port and terminal operator DP World took over operations at the port of Limassol (Cyprus) from the Cyprus Port Authority. In late April 2016, following a bailout plan between Cyprus and international creditors, the Government of the Republic awarded DP World a 25-year concession to operate Limassol multipurpose terminal handling break bulk, general and […]
Spanish container volumes up in 2016
The year 2016 Spain’s major ports have finished on a positive note, registering growth in their container traffic. Algeciras, that was overtaken by Valencia in 2015, now outperformed its rival and confirmed its status of the country’s largest container hub by generating throughput of 4.759 mln TEU, which is equivalent to an increase of 5.4% […]
Recovery of Russian container volumes
The container throughput of Russian ports has grown by 1.4% in 2016, up to 3.99 mln TEU, reported the Association of Russian sea commercial ports. This is seen as a promising recovery after the last year’s fall by 25,4%. It may be reminded that the major drop in 2015 happened in imports (-28.5%), due to […]
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 […]