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Container carriers are returning to their core business

November 20, 2017 12:05 am Published by

Containerization has gradually led to the commoditization of the ocean (port-to-port) liner service. All carriers have more or less the same ships, sail at the same speeds, call at the same ports with the same frequency, and charge fairly similar …

container, shipping, port

VFPA Proposed Three Berth, $2 Billion Terminal 2 Expansion

November 16, 2017 12:05 am Published by

Container shipping ports in British Columbia (B.C.) can expect more container cargo to arrive in bigger ships. To accommodate the growth,  the Vancouver Fraser Port Authority (VFPA) has proposed a three-berth Terminal 2 expansion at Delta’s Roberts Bank.

The $2 …

port metro vancouver in canada

APM Terminals Shifting Strategy to Improve Inland Services

November 14, 2017 12:05 am Published by

APM Terminals is is shifting its commercial strategy to focus more on inland services. By investing in the development of more direct and closer business relationships with beneficial cargo owners (BCOs) the company can offer more value-added services beyond the …

apm terminals

Georgia Ports Authority Seeks More Funds to Deepen Savannah

November 8, 2017 12:05 am Published by

Armed with new figures that show record-breaking cargo traffic, officials from the Georgia Ports Authority plan to seek more federal funding to deepen the Savannah River. The Savannah port saw container traffic increase by nearly a third in October, setting …

port savannah usa

China Cosco Shipping to Build, Operate Khalifa Port Terminal

November 7, 2017 12:05 am Published by

In 2016, Abu Dhabi Ports signed a 35-year concession agreement with the China-based Cosco Shipping to build and operate a terminal at Khalifa Port. The total investment in the terminal is approximately $400 million (Dh1.47 billion).

The construction and development …

khalifa shipping port uae

This Deal is The Largest Crane Purchase in SPA History

October 30, 2017 12:05 am Published by

With the number of ultra-large container ships visiting the port of Charleston expected to quadruple by the spring of 2018, the State Ports Authority's board of directors has approved a $69.5 million contract to buy more shipping cranes capable of …

port of charleston usa

Halterm Terminal Invests $10 Million Into New Equipment

October 25, 2017 12:05 am Published by

Halterm International Container Terminal, Eastern Canada’s only facility capable to handle Ultra-class container vessels (+10,000 TEU capacity), will extend its container and reefer handling capabilities over the next 12 months, with $10 million worth of new equipment.

These developments will …

liebherr sts crane investments

One Belt, One Road Project Causing Concerns Within The EU

October 9, 2017 12:05 am Published by

In his recent State of the Union speech, the European Commission President Jean-Claude Junker warned that foreign direct investment (FDI) in the European Union (EU) should be made "with transparency, scrutiny, and debate." Many believe the comment was directed mainly …

chinese investment china