ITJ | Transport Journal Mobile: Shipping & Ports

28.02.2019

MOL and Singapore banking on LNG

Pavilion Gas (PGPL) and the Japanese carrier MOL have signed a long-term charter contract. According to the pact, MOL will operate Asia’s hitherto largest (12,000 cbm class) LNG bunkering vessel in Singapore. Demand for LNG as...

28.02.2019

Improved access to port of Abidjan

The expanded and deepened Vridi Canal (Ivory Coast) was recently inaugurated. The waterway connects the port of Abidjan and the Atlantic via the Ebrié Lagoon. The China Harbor Engineering Company required three years to...

28.02.2019

Trade war still makes no impact on world trade

The flash estimate for the container throughput index published by the German research body Rheinisch-Westfälisches Institut für Wirtschaftsforschung (RWI - Leibniz) and the Institute of Shipping Economics and Logistics (ISL)...

27.02.2019

APL introduces cargo monitoring system

Cargo monitoring is becoming increasingly important. Given this, APL recently unveiled Traxens to offer near real-time data of the movement and condition of the cargo it transports. The initiative is consistent with the CMA CGM...

27.02.2019

New technology for ship inspection by K Line

The Japan-based carrier K Line is rolling out an innovative ship hull inspection and maintenance project, involving the use of a drone and image analysis system, together with Technos Mihara, a non-destructive testing company...

27.02.2019

Favourable figures for the American Club

The American Club witnessed a positive outcome to the recently-concluded 2019 P&I renewal season. Its mutual P&I business saw tonnage increase by more than 1.6 million gt as of 20 February 2019, in comparison to the...

26.02.2019

Good January at Jaxport

The Florida-based Jacksonville Port Authority (Jaxport) had a good start into the year. CEO Eric Green announced that container movements had increased by 16% compared to the same month in 2017. Almost 122,000 teus were handled....

26.02.2019

New port strategy of Djibouti continues

On 22 February 2018 the State of Djibouti prematurely terminated the Doraleh container terminal concession, which was granted in 2006 to Doraleh Container Terminal (DCT), a company mainly managed by DP World. While the legal...

26.02.2019

Merger of Hapag-Lloyd with UASC bears fruit

The Hamburg-based carrier Hapag-Lloyd achieved a more satisfactory result in 2018 than in previous years. On the basis of preliminary and unaudited figures, its Ebitda surged by almost 8% to EUR 1.14 billion (2017: EUR 1.05...

25.02.2019

Scrubbers are the order of the day

Another contract for marine scrubbers underlines the ongoing transformation of the world's shipping fleets - and yet more business for supplier CR Ocean Engineering (Croe). A USA-based shipping company is now retrofitting...

25.02.2019

Port of Gothenburg on a rising tide again

The port of Gothenburg noted a pleasing upswing in 2018. Volume growth intensified during the year and was strongest during Q4/2018 with +27%. The increase can be compared with the downturn in volumes during the industrial...

25.02.2019

Maersk on the defensive

Maersk reported that its profitability was in line with the latest guidance for 2018. Ebitda amounted to USD 3.8 billion, 8% more than in 2017. The improvement in operating earnings was driven by higher freight rates,...

22.02.2019

Laurels for GAC in India

The office of the additional commissioner of customs at Krishnapatnam Port (India), has named GAC India the top steamer agent for financial year 2018-2019. Among all agencies, the award winner handled the most port calls...

22.02.2019

Den Hartogh and MOL set up new partnership

The Japan-based unit MOL Chemical Tankers (MOLCT) has acquired a 20% stake in Den Hartogh Holding. After the acquisition, both parties will sign a partnership deal aimed at jointly expanding the transport of liquefied chemical...

22.02.2019

Full year figures for Spanish Ports confirm good 2018

The full year 2018 results for Spanish ports are generally favourable. According to data published by Puertos de Estado, a total of 550.7 million t were moved in 2018, 3.5% more than in 2017. In the period under review, the...

21.02.2019

Invest securely

The American Association of Port Authorities has presented the latest report in its infrastructure series, ‘The State of Freight’. It comes as no surprise that it has called for state investment – the amount and the focus are...

21.02.2019

HHLA banking on sustainable energy

At the beginning of the year, the German port operator Hamburger Hafen und Logistik (HHLA) and selected partners commenced research and development work on the publicly funded Fresh project at the Container Terminal Altenwerder...

21.02.2019

Danica to manage crew on newbuild

The crew management company, Danica, has been entrusted to manage the crew on the "Port Imabari", an ultramax newbuilding for Lisbon-headquartered Portline Bulk International. Delivered in January 2019, the 63,500...

21.02.2019

Hapag-Lloyd in the mood

The US rating agency Moody’s has upgraded Hapag-Lloyd’s corporate family rating (CFR) to B1 from B2 and its senior unsecured bond rating to B3 from Caa1. The outlook remains stable. The improved rating acknowledges...

20.02.2019

Great Yarmouth upgrades port equipment

The port of Great Yarmouth has received a new crane with an 84 t lifting capacity for handling larger cargoes on England's east coast. The LHM280 crane – purchased from Liebherr by the port owner Peel Ports Group, – also shortens...