China Merchants Port Holdings Company Limited (CMPort) entered into a Memorandum Of Agreement (MOA) with CMA CGM, according to which Terminal Link SAS (Terminal Link) will acquire a portfolio of participations in 10 terminals located in Asia, Europe, Middle-East and the Caribbean currently owned by CMA CGM for a total consideration of US$955million.
The Atlantic Container Line (ACL) agreed to a 15-year contract extension with Peel Ports on container and ro-ro operations at the Port of Liverpool, until 2035, marking ACL’s confidence in the growing volume of transatlantic trade between the UK and North America.
A recent study conducted by the North Sea Port along with relevant companies throughout the port area, showed that about 54% of goods are transported to the hinterland via means of island waterway shipping.
In his keynote address at the 2019 HANSA Forum in Hamburg, on Thursday, November 21, Bud Darr, MSC Group’s Executive Vice President, Maritime Policy & Government Affairs, highlighted the challenges shipowners face in meeting the goals and regulations in light of the ambitious goal set by the IMO to half sulfur emissions by 2050.
On Friday, November 22, officials from Jacksonville Port Authority (JAXPORT), terminal operator SSA Marine and U.S. Department of Transportation Maritime Administrator Rear Adm. Mark Buzby, broke ground on a new $238.7 million international container terminal at JAXPORT’s Blount Island Marine Terminal.
The Port of Baku along the Austrian ÖBB Rail Cargo Group and Cabooter Group (NL), came together and inked an MoU in order to boost and spread the freight traffic from the Trans-Caspian International Transport Route (Middle Corridor) passing from Europe to Central Asia and China.
A delegation from the Port of Antwerp visited the port of Cotonou to provide expertise in order to modernise the port and make it futureproof. The port of Cotonou has a strategic importance in the region, as it is one of the main gateway ports for the sub-region, in particular the countries of Burkina Faso, Niger and Mali.
JSW Infrastructure reported the commissioning of a new iron ore terminal at Paradip Port in Odisha, India, enabling the country to provide capesize shipments and significantly reduce the preberthing delays at the port.
Poland’s Port of Gdansk welcomed through a ceremony the visit of the first Euro-China Train (ECT), as China’s modern-day silk road, the Belt and Road Initiative, reaches the Baltic. Specifically, the train will depart from Xi’an China through the Adampol Małaszewicze land terminal to the DCT maritime container terminal in the Port of Gdańsk.
In light of the upcoming elections in the UK and the feeling of uncertainty, the British ports Association launched its six key policy priorities for the 2019 UK General Election, paying attention to a swift to Brexit, safety, planning, connectivity, making the most of UK maritime, and fisheries.
Philippines might not be ready for IMO 202011/12/2019
Yamal LNG completes delivery of all Arc7 ice-class tankers11/12/2019
Modifications for wind-powered North Sea platforms11/12/2019
New partnership for the exploration of a global offshore oil and gas program11/12/2019
China's imports on four crucial commodities show growth11/12/2019
NOAA alerts the risks of the Arctic warming11/12/2019
IMO Member State Audit Scheme: Guidance on communicating information adopted11/12/2019
Baltic index falls for 5th consecutive session11/12/2019
NAPA and key industry players to improve passenger ship safety11/12/2019
American Club announces buoyant annual market review11/12/2019