Severe port congestion that Shanghai has been suffering since the beginning of April, eased slightly by the end of the month, however may last till late May, as carriers and forwarders warn their customers. During the week of April 16 to 22, the average vessel arrival delay decreased from 53.1 hours to 51.2 hours and the […]
Category: Review
World’s largest ports register volume growth in Q1 2017
In the first quarter of 2017 all top 5 container ports reported an increase in their volumes, which speaks of positive trends returning in the global trade. March has been marked as an especially successful month, with some ports posting a double-digit growth. This is confirmed by the Chinese foreign trade figures of the month: exports […]
Russia’s container volumes up 11.8%
Container throughput of Russian seaports in January-March 2017 has grown 11.8%, up to 1.07 mln TEU, reports TASS news agency quoting the Association of Russian sea commercial ports. Comparing with the same period last year, it may be reminded that the first quarter of 2016 was still tough for Russian ports, as after a dramatic […]
Black Sea container exports on the rise
Ukraine-based Informall Business Group in its latest Black Sea Container Market review reports a rise of 9.63% in loaded containers handling in the Black Sea container ports of Romania, Bulgaria, Ukraine, Russia and Georgia in 2016 as compared to 2015, writes PortNews. The growth can be attributed to loaded exports which increased in the region […]
Spanish ports’ strike on pause
Spain’s dockworkers unions called off the first two days of the 9-days strike scheduled for March, 6 and 8 and expect to continue negotiations with the government on the dock labour system reform. However, the action on March, 10 as well as those every Monday, Wednesday and Friday during the following two weeks are still scheduled. […]
US leaves TPP. Will it survive?
On Monday, January 23, President Donald Trump signed the executive order to withdraw the United States from the Trans-Pacific Partnership (TPP), reported CNN. With this act, he has started to fulfill his campaign promises “to undo America’s trade ties”. “Great thing for the American worker, what we just did,” Trump told reporters as he signed […]
Sabetta grows. The unique Arctic project.
The number of vessel calls at the Arctic port of Sabetta (Russia) has grown more than twice in 2016, reports PortNews. The local customs officials registered 120 arrivals and 100 departures of sea vessels, while in 2015 these were 50 and 59 respectively. The ships deliver mostly construction materials, crushed stone, cement, components and equipment […]
The largest port relocation project in history
In 2016 MSC PSA European Terminal (MPET) in Antwerp, formerly known as the MSC Home Terminal, has moved its operations from the Delwaidedock on the right bank of the river Scheldt to the Deurganckdock on the left bank. With this purpose the terminal on the left bank has been expanded to an annual capacity of 9 mln TEU. The […]
Notorious Ilyichevsk finds a new victim
The global terminal developer and operator Hutchison Ports signed a Memorandum of Understanding (MOU) with Ukraine’s Sea Commercial Port Chernomorsk (formerly known as Ilyichevsk) on the Black Sea, as announced by the port’s press release. The document was signed during the visit of the Ukrainian Minister of Infrastructure Volodymyr Omelyan to the UK, in particular […]