Opening up trade in Bolivia
Gaining international status in 2018 proved to be a game changer for three of Bolivia’s river ports, not only for domestic trade, but also on an international level. It opened up a new world of possibilities along the 3,000 km Paraguay-Paraná waterway leading to the Atlantic... more
Shanghai is starting to feel it now
In April, the port of Shanghai’s throughput went down by approximately 25% and the port’s average daily container handling capacity has now fallen to around 100,000 teu. While the port remained operational despite the shutdown, hinterland connections were seriously... more
For a few dollars more
The shortage of empties is opening a new chapter. CMA CGM has launched an early container return incentive programme. It is employed not only at the FMS terminal in Los Angeles, but at all CMA CGM return locations in Chicago, IL; Dallas, TX; Kansas City, KS; and Memphis, TN.... more
Joint venture on three seas
Bremen Overseas Chartering and Shipping (BOCS) and UAL (Netherlands) are launching a new joint venture to expand shipping routes and capacities between the Mediterranean, the Black Sea and West Africa. The combined forces will operate under the name of UAL BOCS Shipping Line... more
PSA extends its JNPT terminal
PSA international has finally given the green light for its Indian project. The 2.4 million teu capacity addition at India's Jawaharlal Nehru Port Trust (JNPT) has got underway, an add-on to its first phase development that began in early 2018. The terminal was awarded a... more
A system for innovative projects
The port of Barcelona has launched a new system to coordinate and implement projects that are reshaping its portfolio. Damià Calvet, the gateway’s president, and Emma Cobos, its director of innovation and business strategy, jointly presented the strategy, which defines three... more
Montreal pushed projects in 2021
The Canadian Port of Montreal recorded a throughput of 1.7 million teu in 2021, up 7.5 from 2020. In tonnage, however, the port saw a decline of 3%, handling a total of 34 million t of goods last year. Financial results remained stable, with operating income moving sidewards... more
Profits to be invested in Damietta
As expected, Hapag-Lloyd achieved strong results in Q1/2022, handling the same volumes as in Q1/2021, approximately 3 million teu. While revenues went up by 11.2% to USD 9 billion, ebitda was at USD 5.3 billion (+11.3%) and profit amounted to USD 4.7 billion (+10.6%). The... more
The "Hopper" is back
The direct connection between the Überseehafen and Columbus Island in Bremen has been restored, with the "Columbus Hopper" resuming operation this week. The 40 m long ship offers factory traffic a way to cross the connecting canal between Kaiserhafen and Nordhafen.... more
More funds for Manila's growth
The holding International Container Terminal Services attaches a great deal of importance to the IT technology and digitisation of its flagship Manila International Container Terminal (MICT). Amongst others, the roll-out of 5G at the terminal was employed to automatically... more