Korea’s Busan New Container Terminal (BNCT) began commercial operations last week, with the handling of the Korea Marine Transport Co’s 1,000 TEU vessel the Akari.
Terex has delivered three of its TFC 45 reach stackers to the Mundhra Container Freight Station (CFS) in India. The first two units were commissioned in November in the presence of Captain Navjeet Grewal, Director of Mundhra CFS Ltd. for its customer Excellent Engineering & Allied Services.
Tamrotor Marine Compressors (TMC), a supplier of compressed air systems for marine and offshore use, have received orders for a total of 40 TMC SA 30 compressors for the 20 18,000 TEU ships ordered by Maersk Line.
The shipping and port industry must watch out for new frontiers of growth and emerging new patterns in global trade amid mounting global uncertainties, said Mohammed Al Muallem, senior VP and managing director, DP World, UAE Region.
French shipper CMA CGM has reshuffled its Asia-Middle East CIMEX 1 service following its tripartite agreement with CSCL and the United Arab Shipping Company (UASC).
Japan’s three largest ocean carriers, Nippon Yusen Kaisha (NYK), Mitsui O.S.K Lines (MOL) and “K” Line, have posted combined losses of over US$500 million for their container services in the final quarter of 2011.
Royal Vopak and Stolt-Nielsen, two of the world’s biggest liquid bulk terminal operators, are planning a joint venture in the build of a new US$120 million facility at Mundra Port, Gujarat.
Some 300 Members of the Maritime Union of New Zealand have voted in favor of further industrial action at the Port of Auckland.
The Port of New Orleans has achieved a second straight record-setting year for its container volumes.
The Port of Kiel has gained container wayport status by being added to the liner service network of Gothenburg-based shipping company TransAtlantic.
The £22 million construction of the world’s first battery-powered ferries is underway in Port Glasgow's Ferguson shipyard.
Iran and Iraq have reached an agreement for the launch of a new joint shipping line, according to the Managing-Director of Iran's Ports and Maritime Organization (PMO), Seyed Ataollah Sadr.