The Russian container port of Vladivostok (OJSC) is set to see volumes rise to over 600,000 TEUs in 2015 after hitting a record level of 500,000 TEU in December this year.
The Port of Jawaharlal Nehru near Mumbai, India has received four new quay cranes from Shanghai Zhenhua Heavy Industries Co. Ltd (ZPMC). The purchase by terminal operator DP World sets a precedent as India’s security agencies have previously denied clearance to ZPMC to sell gear to ports in the country.
Port tariffs paid by seagoing ships calling at the Port of Rotterdam are set to rise at half the rate of inflation at 1% over the next three years as authorities seek to guarantee long term investment and maintain competitivity.
Danish shipping firm Maersk Line has announced plans to end its Trans-Pacific 5 (TP5) service from 15 January 2015 in a bid to cut costs. The service currently runs from North Asia to the US West Coast.
Heavy equipment manufacturer Terex Port Solutions (TPS) has announced it has won an order for ten rubber-tyred gantry (RTG) cranes for the Port of Ningbo on the coast of the East China Sea, south of Hangzhou Bay in China.
The Port of Nanjing, in China’s Jiangsu Province has announced that it will expand its Qingjiang Terminal through the investment of $3.26 million.
Analysis of container terminal assets by consultancy Drewry suggests that operational performance of the world’s container terminals vary widely dependant on location, terminal size and traffic type.
French shipping line CMA CGM has announced the expansion of its ASEA service between Asia and East Africa with the launch of two new services, ASEA Kenya and ASEA Tanzania, to replace the previous single East African service.
China is to invest $622 million for to develop the deepwater Port of Gwadar in Pakistan, Reuters reports. The investment in the strategically important port is part of a much larger $45.6 billion commitment China made this week to infrastructure projects across Pakistan.
Terminal operator DP World has announced a strategic partnership with China’s Qingdao Port Group to enhance port cooperation. The Strategic Framework Agreement signed between the two firms will aim to imoprove ties between respective operations in Qingdao and Dubai.