A.P. Moller-Maersk signed a Memorandum of Understanding (MoU) with Shanghai International Port Group (SIPG) on strategic collaboration for the Shanghai Port methanol maritime fuel project. The two parties will join hands to explore green methanol fuel vessel-to-vessel bunkering operation after the delivery of Maersk’s green methanol container ships in 2024. The Danish ocean carrier has […]
Ocean Network Express (ONE), a global container shipping company headquartered in Singapore, will launch a wholly-owned office in Kenya. The new Ocean Network Express Kenya office in Mombasa will begin operations on 1 April 2023 and is located on Moi Avenue/Cotts House. The office will handle sales, customer service, and operations, with an emphasis on […]
CMA CGM has announced a new Port Congestion Surcharge (PCS) from the port of Mersin to several destinations worldwide due to current delays in the Turkish port. The French carrier said that a surcharge of US$100/TEU will be implemented on dry containers that will be transported from Mersin to West & East Mediterranean, Adriatic, Black Sea, […]
Port of Savannah in Georgia, US moved approximately 395,000 TEUs in the previous month, marking Georgia Ports Authority’s (GPA’s) second-busiest February on record following 2022 when it carried 460,400 TEUs. The port saw its box volumes drop compared with January numbers, when Savannah moved 421,714 TEUs. “Inflation, increasing interest rates, and high storage supplies are […]
Ocean Network Express Pte. Ltd (ONE) has ordered ten new container vessels with a carrying capacity of over 13,700 TEUs. The new boxships will be delivered in 2025 and 2026. The Singapore-headquartered ocean carrier said this new order is in line with the company’s medium-term strategy announced in March 2022 and follows the 10 vessels ordered […]
Two modern covered warehouses with a total area of 10,000 m² were put into operation in February in the territory of the company Rīgas Centrālais Termināls (RCT) of the Port of Riga in Latvia. These warehouses will be able to store up to 48,000 tonnes of bulk cargo, such as grain or wood pellets, as […]
During the autumn and winter of 2022, YILPORT expanded the initial configuration of its train shuttle between Gävle and Stockholm from 540 meters to 630 meters. Additionally, the Turkey-based operator has unveiled plans to increase the frequency of the Swedish train connection between the two aforementioned terminals from three to four trains per week. YILPORT […]
SITC International Holdings, the holding company of Hong Kong-based intra-Asia carrier SITC Container Lines, has announced that its net profit went up by 67% on-year in 2022, to US$1.9 billion. The Hong Kong-listed group said that its turnover was up 37% year-on-year, to US$4.1 billion, as it carried 4% more containers, amounting to 3.26 million […]
Shanghai-based Hudong-Zhonghua Shipbuilding (Group) built and delivered the largest container vessel in the world to Mediterranean Shipping Company (MSC). MSC Tessa has a container capacity of 24,116 TEUs and is the first of four same-size container ships purchased by the largest container line in the world. According to Hudong-Zhonghua, a unit of China State Shipbuilding […]
Construction on the Centerm Expansion Project at the Port of Vancouver is now complete, according to the Vancouver Fraser Port Authority. The expansion project was delivered in partnership with terminal operator DP World. Work completed includes expanding the terminal footprint to the west and east, reconfiguring and expanding the container yard, building state-of-art truck gates, expanding […]