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iContainers: ‘Maersk Honam’ fire highlights need of cargo insurance

The two subsequent fire incidents involving Maersk vessels, as well as the boxship collision in Karachi Port earlier this month that forced the temporary closure of the port, highlighted the importance of always investing in cargo insurance, said iContainers, as the amount of insurance that all shipping carriers are obliged to offer by law is limited.

Port of Oakland reveals 5-year strategic plan

According to the plan, Oakland cargo volume should reach 2.6 million 20-foot containers by 2022. The plan also calls for 8% more containerized cargo volume in Oakland by 2022. Furthermore, a key element of the strategic plan will be reducing diesel emissions.

The effect of Chinese New Year on container rates

As the Chinese New Year took place a while ago, the year of the Dog may affect container rates in the coming months. Even though the Chinese New Year was somewhat later in 2018 compared to 2017, the increase is similar to what the market reported last year.

Port of Cork sees container volumes and cruising growth in 2017

The port handled 68 cruise liners bringing over 140,000 passengers and crew to the region. In the container industry, combined total traffic through the Port and Bantry Bay Port Company reached 10.3 million tonnes in 2017, a very good increase of 8.6% compared to 2016. Total imports increased by 6.4% while exports increased by 12.3%. 

Port of Vancouver reports record-breaking 2017

The Vancouver Fraser Port Authority released the 2017 statistics for cargo through the Port. According to them overall cargo volume through the port reached a new record of 142.1 million tonnes. Sectors that presented the biggest growth were containers and bulk grain.

US west coast’s largest cranes arrive in port of Tacoma

The Northwest Seaport Alliance ordered eight new super-post-Panamax cranes from Shanghai Zhenhua Heavy Industries in China through a competitive bid process, as no container cranes currently are manufactured in the US. Four cranes arrived Friday and four more cranes will arrive in 2019.

Guidelines for carriage of cocoa butter in freight containers

A working group comprising members of the Cargo Incident Notification System issued guidelines for the carriage of cocoa butter in freight containers, under the principles set out in the IMO/ILO/UNECE Code of Practice for Packing of Cargo Transport Units (CTU Code).

Rough seas demand digital adoption, BCG says

Two years ago, the Boston Consulting group highlighted that slow growth in global demand coupled with a persistent oversupply of vessel capacity, was a major industry challenge. Although global container demand did improve in 2017, overcapacity is expected to remain in the range of 6% to 9% in 2020.

Container volumes drive growth in Port of Rotterdam

2017 saw particularly strong growth in container throughput of 12.3% in tonnes in the port of Rotterdam. Total cargo throughput rose by 1.3%, with the port returning to the growth trend seen before 2016. Total tonnage increased from 461 million to 467 million. The increase in containers was offset by a fall in dry bulk of 2.6% and in wet bulk of 4.1%.


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