Maersk inaugurates a new 10,000 m² bonded warehousing & distribution (W&D) facility in Cape Town, South Africa. The new W&D facility has an open yard space of 3,500 m². Additionally, the facility has over 85% area covered with racking providing for 7,000 pallet locations. The warehouse has access to the strategic Belcon rail siding at […]
Uwe Köhn (Port director Hafen Mannheim) and Matthijs van Doorn (Commercial director Port of Rotterdam Authority). Photo: Marc Nolte The ports of Mannheim and Rotterdam will expand their collaboration in the next years to make the logistics chain between the two ports more sustainable and digital. Uwe Köhn, port director of Hafen Mannheim, and Matthijs […]
Port of Montreal The Port of Montreal and HAROPA Port renew their agreement aiming to strengthen the trade corridors between Canada and France. In order to consolidate their relationship, engage in deliberations, initiate actions and promote mutually beneficial approaches, the two port authorities signed their international cooperation agreement, which focusses on the following five […]
The Saudi Ports Authority (Mawani) marked an increase of 17.57% in container volumes during the first quarter of 2023, scoring a throughput of 2,011,162 TEUs compared to 1,710,608 TEUs last year. Additionally, quarterly container statistics show a 16.08% spike in exported TEUs with a total of 559,829 TEUs. Imported containers saw year-on-year growth of 22.43% climbing […]
The Port of Melbourne, Maersk, ANL (a subsidiary of CMA-CGM), Svitzer, Stolthaven Terminals, HAMR Energy, and ABEL Energy have signed a Memorandum of Understanding (MoU) to investigate the commercial potential of building a green methanol bunkering centre at the Port of Melbourne. The collaboration will examine a potential project involving the transportation of green methanol from […]
The overall container volume of major Chinese ports rose 3.5% year-on-year from January to March reaching 69.7 million TEUs. For the same period, the overall cargo volume of the Chinese ports climbed to over 3.8 billion tons translating to a year-on-year growth of 6.2%. The following chart shows the cargo throughput and container throughput data […]
Singapore-based Ocean Network Express (ONE) announced it will change the port rotation of the Philippines Express 2 (PHX2) service. ONE said that the updated port rotation will be Singapore – Manila (North Philippines) – Cebu (Philippines) – Singapore. The ocean carrier noted that the service will have a bi-weekly frequency. The new rotation will begin […]
Port of Long Beach (POLB) reported a decline in volumes during March, nearly one-third from the same month last year. Retailers continue to clear warehouses and shippers shuffle routes from the West Coast to seaports on the East and Gulf coasts, according to the port’s statement. In particular, dockworkers and terminal operators moved 603,878 TEUs […]
Singapore-based Ocean Network Express (ONE) has decided to install two containerised wind assist units on one of their operated container feeder ships before the end of the year. The 1,036 TEU boxship Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the Netherlands-based company, Econowind. This is one of […]
Marine Bunker Exchange (MABUX) indexes did not show a clear trend and moved sideways during the 15th week of the year. In particular, the 380 HSFO index increased to US$511/MT, the VLSFO index rose to US$654.96/MT, while the MGO index fell to US$891.04/MT. The Global Scrubber Spread (SS) – the difference between 380 HSFO and […]