Increasingly, cruise lines are taking terminal development at their ports of call into their own hands. Thus, in October 2015, Carnival Cruise Line completed the USD 85 mln development of the Amber Cove cruise port in the Dominican Republic. Norwegian Cruise Line invested USD 100 mln into port development at Harvest Caye, Belize, which welcomed […]
Category: News
THE Alliance brings all its UK calls to DP World
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 […]
Sea Port of St. Peterburg handled Talgo train for Uzbekistan
Sea Port of Saint-Petersburg (part of UCL Holding), Russia, unloaded 2 locomotives and 11 passenger coaches of Spanish high-speed train Talgo, after which they were successfully delivered to the point of destination in Uzbekistan, Central Asia. The cargo arrived at the end of February from Bilbao via Antwerp by Finnlines’ MS Finnsea ro-ro carrier. For […]
PSA calls for start-ups to develop Container Port 4.0
The corporate venture capital arm of PSA International, PSA unboXed, sends out its second call for action for its incubator programme, inviting start-ups and potential partners to propose technology solutions to support PSA’s project Container Port 4.0 (CP4.0), writes Singaporean The Business Times. CP4.0 is PSA’s transformational blueprint developing the Port of the Future, that […]
Gulftainer implements MACH TOS in its terminals
Gulftainer, a privately owned United Arab Emirates port operator, has successfully implemented the Marine and Container Handling (MACH) terminal operating system (TOS), writes TradeArabia. The new TOS will be rolled out across Gulftainer terminals in the UAE in a phased manner in collaboration with Tata Consultancy Services (TCS), an IT services, digital and business solutions […]
Maersk and IBM introduce blockchain in shipping
Yesterday Maersk and IBM unveiled a new mutual project to develop a new solution based on blockchain technology to manage transactions between shipping lines, shippers, freight forwarders, ports and customs. The product is said to be available already later this year. Applying innovative blockchain technology, known also as the basis for the Bitcoin virtual money, […]
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 […]
APMT opens for business Lazaro Cardenas
On Monday, 27 February, APM Terminals Lazaro Cardenas, Mexico’s largest container terminal, welcomed its first official vessel, reports APM Terminals. The 9,600 TEU Maersk Salalah on the AC2 Transpacific service from Asia called the facility following the completion of its Phase 1. The new deep-water semi-automated Lázaro Cárdenas Terminal 2 (TEC2) project, representing an overall […]
Sovcomflot to be privatized
The privatization of 25% – 1 share of Russia’s Sovcomflot (SCF) will be realized through public offering at Moscow stock exchange, said yesterday Economic Development Minister Maxim Oreshkin. TASS news agency also quotes his comment that a simultaneous listing at the New York Stock Exchange (NYSE) is not planned. SCF is Russia’s largest shipping company […]