Tag: ports

The Port of Los Angeles along with the Indonesia Port Corporation PT Pelabuhan Indonesia II (Persero), shake their hands and inked an MoU to collaborate and share their information. Through the agreement both sides will focus on boosting their business in trade, on the digital supply chain efficiency, and the environment and infrastructure development.

In fact, the Port of Savannah’s Garden City Terminal has handled nearly 2 million twenty-foot equivalent container units during the first five months of Fiscal Year 2020. It is said that from July to November, the Georgia Ports Authority has handled nearly 2 million TEUs, an increase of 109,000 TEUs, or 5.8%.

BBC reports that the shipping industry is getting ready for EU border checks for trade bound for Northern Ireland; freight could be diverted through ports with space for inspections such as the ports of Liverpool and Stranraer.

Enterprise Products Partners LP and Enbridge Inc have reached an agreement to jointly develop a US Gulf Coast crude export terminal, that will be capable of loading supertankers off Freeport, Texas. Currently, only the Louisiana Offshore Oil Port (LOOP) has the ability to fully load VLCCs from the Gulf Coast.

With the IMO 2020 regulation coming closer, shipping companies must choose an option between turning to low-sulphur fuel or installing scrubber to filter the heavy fuel oil from the exhaust gases released. In light of the situation, Port of Rotterdam announced that all of its vessels are well-prepared even for the scrubbers' installation.

APM Terminals Moín welcomed the MSC Sara Elena, the largest container ship to ever berth in Costa Rica, measuring 300m long with a capacity of 8,000 TEUs, in November. The vessel was in port for just under nine hours, including the obligatory first call celebrations. Exports of key Costa Rican exports, such as pineapples and bananas, were loaded onto the Sara Elena which sailed for Rotterdam, the Netherlands.

The Australian Competition & Consumer Competition (ACCC) has applied to the Federal Court for a review of the Australian Competition Tribunal’s recent decision regarding the terms of access by Glencore Coal Assets Australia Pty Ltd (Glencore) to certain services at the Port of Newcastle.

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 municipality of Oslo has made clear that the Port of Oslo has a plan to become the world’s first emission-free port. The port also has a contract with the marine tech firm, Norled in order to switch three ferries to electric power, with the first being delivered earlier in September.

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.