UAL feels the wind beneath its wings
Against the backdrop of the oil & gas industry’s recuperation, the carrier Universal Africa Lines (UAL) recently witnessed a special event – three of its vessels, the “UAL Cologne, UAL Houston and the Lieke” were in the port of Antwerp (Belgium) at the same time. UAL,... more
New equipment for MICT in the Philippines
Four new hybrid rubber-tyred gantries (RTG) have been acquired by the Manila International Container Terminal (MICT), the flagship of International Container Terminal Services Inc (ICTSI). The new RTGs, manufactured by the Japanese company Mitsui Engineering &... more
Casablanca back on track
Morocco’s Agence Nationale des Ports is establishing a major investment programme for the modernisation of the country’s maritime gateways, with Casablanca in particular earmarked to benefit from the scheme. The port in the nation’s largest city is set to build a new shipyard... more
Carlyle to build terminal at Port of Corpus Christi
The port of Corpus Christi Commission has approved a 50 year lease agreement with Lone Star Ports, a joint venture between the Carlyle Group and the Berry Group. The pact pertains to approximately 800 sqkm on Harbor Island to develop a new petroleum export terminal. The... more
Cargo Gulf picks liner service agent in Antwerp
The global NVOCC Cargo Gulf has appointed Burger Liner Agencies, part of the Royal Burger Group, as its liner service agent in Antwerp (Belgium). The move is in response to strong growth in exports from Belgium and France, and marks the beginning of twice-weekly sailings of a... more
Drewry foresees more M&As for vulnerable carriers
According to Drewry, financially vulnerable carriers could be pushed into mergers and acquisitions due to the extra costs associated with the new low-sulphur fuel law. If that happens, how might competition on key trades be affected? Most of the major carriers have now... more
New digital tool for the port of Strasbourg
Strasbourg now relies on Vigsiesip to organise and administer ship stopovers. The digital port information system was developed by Bordeaux Port Atlantique and is already deployed in 15 major maritime ports (MPGs) and French decentralised ports. However, the use of the... more
Negotiations between Maritime Kuhn and Bolloré Ports France
In France, Bolloré Transport & Logistics and the Kuhn Maritime group have entered into exclusive negotiations for Kuhn to take over Bolloré’s port activities in France. This project could become effective during Q3/2019, after the social, legal and administrative procedures... more
TIL to become sole owner of MCT in Gioia Tauro
Contship Italia and Itaterminaux, an affiliate of Terminal Investment (TIL), have inked a share purchase agreement concerning the sale of 50% of CSM Italia Gate, the company which owns 100% of MCT (Medcenter container terminal). MCT is the concessionaire of container... more
Container throughput index takes a dive
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) fell to 133.9 according to February’s flash estimate. The index stood at... more