The container and gross tonnage handling across all Colombian ports will undergo expansion in 2015, cementing a return to growth following a 2013 downturn, says BMI’s Colombia Shipping Report. "The domestic container demand will be more muted than we expected, as falling oil prices will weigh on economic growth. We have revised down our real GDP forecast for 2015 from 4.9% to 3.9%, and our Cartagena container throughput forecasts correspondingly," says the report. The port of Cartagena will see total tonnage volume increase by 4.5% to 21.63mn tonnes in 2015, and will average growth of 5.3% to 2019. Container traffic at Cartagena will grow by 7.9% to 2.22mn twenty-foot equivalent units (TEUs) in 2015. Growth to 2019 will average 9.4%. Volume at the Pacific port of Buenaventura will rise by 3.3% to 9.72mn tonnes in 2015, while container traffic will rise by 4.8%, to reach 526,999TEUs.
V.O.Chidambaranar Port Trust, Tuticorin, has crossed the previous year’s traffic of 28.642 million tonnes on Feb 27, 32 days ahead of the current financial year closing by handling 28.849 million tones (upto Feb 27). According to a statement from the VOC Port Trust, the Port crossed the previous year’s (2013-14) Container traffic volume of 5,07,735 TEUs on March 3, by handling 5,08,678 TEUs of Container Traffic during the current year (as on March 3).
The launching of Lykes Runner on August 29, rounds out the retonnaging of Lykes Lines' North America - Africa Service, East Coast Loop. This multi-purpose Astrakan Mark 3 RoRo ship joins four sisterships already on the service, operating every two weeks between Canada, the U.S. and South Africa - all of which can carry breakbulk, bulk and container traffic - including refrigerated cargo, automobiles and other rolling stock.
A new liner service from shipping company CMA CGM The French Line is connecting Hamburg with Australia and New Zealand. Melbourne, Sydney, Brisbane, Auckland, Lyttelton, Melbourne, Adelaide, Jakarta, Port Kelang, Chennai, Colombo, Djibouti, Jeddah, Damietta, Malta, La Spezia, Tilbury, Hamburg. On the return leg the service's 13 ships of 2,500 to 2,800 TEU container capacity also call at the port of Chennai, previously Madras
Peninsular and Oriental Steam Navigation Co.'s Sri Lanka unit reported a sharp increase in container handling in its first year of operation to August 2000. "In just 12 months, productivity levels have doubled and South Asia Gateway Terminal Pvt Ltd (SAGT) has handled 261,787 20-foot equivalent units.... a 40,682 teu increase over the year before period," SAGT said. "... (the group) is well on course to achieving its ambitious target through an effective mix of international and local
PT. Pelabuhan Indonesia II (Persero) (“IPC”), Mitsui & Co, Ltd. (“Mitsui”), Nippon Yusen Kabushiki Kaisha (“NYK Line”) and PSA International Pte Ltd (“PSA”) have agreed to jointly participate in the construction and operation of a new container terminal at Tanjung Priok Port, Jakarta, Indonesia. This new terminal will be developed and operated by the newly established project company PT New Priok Container Terminal One
Associate Deputy Secretary of Transportation Jeffrey Shane and Deputy Customs Commissioner Douglas Browning jointly announced the launch of Operation Safe Commerce (OSC), a program to fund business initiatives designed to enhance security for container cargo moving throughout the international transportation system. Operation Safe Commerce will provide a test-bed for new security techniques that have the potential to increase the security of container shipments
Construction has begun on the long-awaited Port 2000, a $600 million expansion of Le Havre's container facilities in its first phase, which, on completion, will provide 12 quayside berths with a total length of 2.5 miles for post-Panamax vessels. The new container terminal will enable the Port of Le Havre to keep pace with its rapid growth in container traffic, which topped 50 percent over the past five years, according to Lacave
On Monday, 03 August 2009, the first containers that were brought from Berlin to the Port of Hamburg via the new Elbe-Spree inland waterway were unloaded. The line operated by the Berlin Hafen- und Lagerhaus AG in cooperation with Konrad Zippel Spediteur GmbH from Hamburg will now be used for transports from City-GVZ Berlin Westhafen to the Hamburg container terminals and vice versa every week. The inland water vessel MS Shir Khan has a transport capacity of 54 TEUs (standard
South Carolina Ports Authority (SCPA) informs it has handled nearly 15 percent more pier containers fiscal year to date than the same period last year, with total box volume through April climbing to nearly 900,000 containers. SCPA handled 96,166 pier containers in April, compared to 86,505 boxes moved during the same month last year. The port plans to handle more than 1 million containers by the completion of its fiscal year on June 30.
Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the quarter ended June 30, 2015. Consolidated cargo across all ports handled by the company was 40 MMT in Q1FY16
As Gateway Terminals India (GTI) (one of the private terminal at JNPort, a JV between APM Terminals (APMT) and state-owned rail operator Container Corporation of India) is facing shutdown in operations due to the strike of contractor's employees engaged by Cargotek handling yard crane
The Port of Hamburg Marketing Association has slashed its forecast for container volumes at Hamburg's port, a hub for eastern European trade, due to weakening growth in China and shrinking trade with Russia. The association said on Monday it now expects container volumes to fall 7 percent to 9
China COSCO Holdings Company Limited says its operations at Tianjin port have been unaffected by the blasts that killed 114 people here also put a deep dent in the compact between China’s government and its middle class.
APM Terminals Mumbai established a new record for Indian ports by handling a total of 2.01 million TEUs during the Fiscal Year of 2014-15, representing the period between April 1, 2014 to March 31, 2015. APM Terminals Mumbai is one of three terminals currently operating at
Novorossiysk Commercial Sea Port Group (NCSP Group or the Group) (LSE: NCSP, Moscow Exchange: NMTP) reports that Group’s consolidated cargo turnover in Q1 2015 increased by 2 million tonnes or 6.0% year-on-year reaching 35.6 million tonnes.
According to a report issued by the Intermodal Association of North America (IANA), domestic intermodal volumes rose 4.5 % in the first quarter of 2015, buoyed by domestic containers, which rose 6.5 percent in a quarter-over-quarter comparison.
CMA CGM has chosen HAROPA - Port of Le Havre to christen its new sea giant container vessel, the Kerguelen. As the largest container port for the external trade of France, HAROPA enjoys recognized expertise by shipping companies and main alliances
German container line Hapag-Lloyd has defied the challenging market environment in the containership market and returned to profit in the first quarter of 2015 euros as a stronger dollar and lower bunker prices helped to offset weaker freight rates.
The Port of Hamburg handled total throughput of 35.6 million tons (up by 0.1 percent) in the first quarter of 2015. Bulk cargoes at 11.7 million tons (up by 12.3 percent) and container transport between the port and its hinterland at 602,000 TEU (up by 11
CN Railway expands Gulf gateway focus in signing supply chain agreement with Port of New Orleans The Port of New Orleans and CN signed a memorandum of understanding (MOU) that will see the parties develop greater supply chain efficiencies aimed at drawing more container traffic through
Following the Panama Canal expansion in 2016, up to 10 percent of container traffic to the U.S. from East Asia could shift from West Coast ports to East Coast ports by 2020, according to new research conducted by The Boston Consulting Group (BCG) and C.H. Robinson
P.Sudhakar, Chairman & Managing Director, Electronics Corporation of India Limited (ECIL) handed over a critical homeland security system - Radiological Detection Equipment (RDE) to Neeraj Bansal, Chairman In charge, Jawaharlal Nehru Port (JNPT), Mumbai in presence of Dr. R.K
June was an active month for U.S. ports receiving a variety of general cargo shipments through the St. Lawrence Seaway. “What’s notable about the June tonnage numbers were increases in the export of U.S. grain to Europe and the import of aluminum and steel to the ports of Cleveland
The slowdown in China’s economy poses some risks for container shipping, according to Drewry Maritime Research. According to a new report from Drewry Shipping Consultants Ltd, the risks from a slowdown in Chinese consumption to container shipping are far smaller than for the