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A new weekly service operated by CMA CGM and Hapag Lloyd will be the first to connect the Port of Algeciras Bay with ports in Australia.

In 2017, Multipurpose Reloading Complex LLC (MRC, a company of UCL Holding) operating at the Port of Ust-Luga, Leningrad Region, increased financing of its development programme four times, year-on-year, to EUR 2.3 million.

In 2017, cargo traffic at Tuapse Sea Commercial Port JSC (TSCP, part of UCL Holding) slightly exceeded the result of 2016 and totaled 14.2 million tonnes (in 2016 — 14.1 million tonnes). Transshipment of dry bulk cargo grew by 10% to 7.8 million tonnes.

The International Maritime Organization (IMO) and the European Bank for Reconstruction and Development (EBRD) have decided to establish a strategic partnership to promote sustainable maritime transport.

In 2017, Taganrog Sea Commercial Port JSC (TSCP, member of UCL Holding) handled 1.59 million tonnes of cargo, which is 48% more than in 2016. The growth is attributed to increasing demand for the port's key types of cargo and resumed imports from Turkey.

300cubits, one of the first companies to focus on the use of blockchain applications for the container shipping industry, has signed up members of Coopernic Group to its blockchain Shipper Sign-Up Scheme.

Hyundai Mipo Dockyard (HMD) is scheduled to deliver the world's first ballast free LNG bunkering vessel later this year. The 7,600m³ vessel was ordered by Germany-based Bernhard Schulte Shipmanagement in late 2016 and is currently under construction to Lloyd's Register class at HMD's Ulsan shipyard.

· Port operator achieved record monthly throughput at Jubail Container Terminal in August 2017

· Terminal sees 26 per cent throughput growth rate in 2017

· Terminal receives maiden call of 14,424-TEU EMC Taurus, largest container vessel to arrive in Jubail till date

In 2017, Sea Port of Saint-Petersburg JSC (SP SPb, part of UCL Holding) handled 6.9 million tonnes of cargo, up 4%, year-on-year. The company attributes the strong results to increased general and containerized cargo traffic.

Automation presents a set of unique challenges to designers, insurers and operators of ships. In this article, Keir Gravil, a naval architect at Frazer-Nash Consultancy in Bristol, UK discusses some of the key issues that could face automated ships of the future from a design perspective.


Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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