ITJ | Transport Journal Mobile: Shipping & Ports

05.11.2019

Processing more cars at Philaport

Pennsylvania’s governor Tom Wolf has opened the new Southport Auto Terminal in the port of Philadelphia (USA). The new hub represents an investment of some USD 100 million from the commonwealth of Pennsylvania’s funding. It is a...

05.11.2019

K Line's woodchip carrier to set sail in 2022

Nippon Paper Industries has entered into an agreement with Kawasaki Kisen Kaisha (K Line) on a consecutive voyage contract for a new 3.6 million CFT woodchip carrier to be delivered in 2022. The vessel will be in dedicated...

04.11.2019

“Own risk – own management”

Just a few months have passed since DP World took over P & O Ferrymasters. The move accelerated the transformation of P & O Ferries’ logistics subsidiary from a British company to a logistics operator that aims to spread beyond...

04.11.2019

Global container throughput remains stable

The container throughput index released by the RWI – Leibniz Institute for Economic Research and the institute of Shipping Economics and Logistics (ISL) crept up by the small amount of 0.7 points to 139.5 in September this year....

04.11.2019

MOL raises income in first half of financial year 2019

In the first half of its financial year 2019 (August till September), the Japanese carrier MOL’s revenues went down to USD 5.32 billion, a drop of 45.5% compared to the preceding Q2/FY 2018. The operating profit in H1/FY 2019...

04.11.2019

Significantly more perishables pass through Valenciaport

Valenciaport, the port authority of Valencia (APV, Spain), improved its performance in the export of perishables in 2019. Fruit and vegetables handling has grown above 21% this year, reaching 644,000 t so far, and could...

04.11.2019

Eurogate CT introduces new offer in Jadeweserport

New option among the ports in Europe’s northern range: since 1 November 2019, the Eurogate Container Terminal Wilhelmshaven has been offering all shipping companies and shippers the opportunity to store their standard containers...

01.11.2019

Growth in world maritime trade slows down

The UN conference on trade and development (Unctad) in Geneva (Switzerland) has published the 2019 edition of its Review of Maritime Transport, covering the development of maritime freight, world fleet, rates and markets, ports...

01.11.2019

Hapag-Lloyd passes sulphur cap costs on to shippers

The Hamburg-headquartered shipping group Hapag-Lloyd will introduce a surcharge on the "IMO 2020 transition", passing on costs caused by the change in regulations on marine fuel. Classifying the IMO 2020 sulphur cap as...

01.11.2019

Coli und Global renewables head jointly for Japan

Global Renewables Shipbrokers (GRS) from Hamburg is starting a strategic partnership with Coli Schiffahrt & Transport in the offshore renewables market in Japan. The aim of the cooperation is to provide joint project...

31.10.2019

HMM issues convertible bond for new investments

The South Korea-headquartered carrier Hyundai Merchant Marine (HMM) plans to issue a convertible bond with a volume of KRW 660 billion (USD 562.4 million). The shipping company is highly indebted with KRW 4.1 trillion KRW (USD...

31.10.2019

Largest LNG tanker newbuilding

The energy multinational Total intends to launch the largest ship to supply liquefied natural gas (LNG) built to date. With a capacity to load up to 18,600 cbm of LNG, the new tanker will be chartered by the Japanese shipping...

31.10.2019

Jaxport in upbeat mood at the end of fiscal year

The Jacksonville Port Authority (Jaxport), one of Florida’s major container ports, achieved record volumes in containers, vehicles and overall tonnage during the fiscal year ending 30 September 2019. Altogether, the port handled...

30.10.2019

OOCL gains ground in 2019

OOCL has reported its unaudited operational results for Q3/2019, which ended on 30th September this year. The Hong Kong-headquartered company saw an uptick in volumes (+4.1%) compared to the same period last year. Total...

30.10.2019

Basra Gateway Terminal extension goes on stream

The two new berths, Berths 25 and 26, of the Basra Gateway Terminal (BGT), have started operations. Their opening also marks the completion of the operator ICTSI’s USD 250 million investment programme in Iraq. Located in Umm...

30.10.2019

Two digital steps forward for Haropa - Le Havre

Two new contracts for the digital development of its services have been signed by Haropa - Le Havre. The industrial partnership with Airbus aims to develop a common software solution for their respective systems Styris...

29.10.2019

Record level of global container fleet capacity

The liner's appetite for new capacities seems to be insatiable. The business intelligence provider Alphaliner has presented current figures, showing that the global container fleet´s capacity has just passed the threshold of 23...

29.10.2019

MOL opts for wind power

On the back of the recent AIP approval for the Wind Challenger, a wind-assisted vessel design by Class NK, Tokyo (Japan)-headquartered MOL is joining the International Windship Association (IWSA) as a full member. For the last...

29.10.2019

Transatlantic JV for the US offshore wind industry

Hamburg (Germany)-based Bernhard Schulte Offshore (BSO) and Mid Ocean Wind (MOW), which operates in the USA, have agreed on a joint venture to build and operate support vessels for the US offshore wind industry. They will also...

28.10.2019

Global port indices in August above last year's figures

The London (UK)-headquartered maritime consultancy Drewry has published its recent Container Port Throughput Indices for August this year, based on monthly throughput data for a sample of over 220 ports worldwide and representing...