Despite new law, major port trusts yet to become authorities
MUMBAI : Six months after getting Parliament support for a new law to convert the 11 major port trusts into authorities, the Centre is yet to complete the structural makeover of state-owned ports. The
Abu Dhabi Ports’ OFCO buys seven support vessels
ABU DHABI : The fleet expansion comes as Abu Dhabi Ports ventures further into the integrated logistics and subsea services areas. OFCO chairman Captain Maktoum Al Houqani said the company was on the look
Port of Long Beach Completes New 3.3 Million TEU Capacity Container Terminal
LONGBEACH : More than 10 years after construction began, the Port of Long Beach has announced the completion of the Long Beach Container Terminal at Middle Harbor, one of the most technologically advanced and
World’s largest box ship calls at Yantian on her maiden voyage
SHANGHAI : Hutchison Ports Yantian welcomes the world’s largest container vessel Evergreen Marine EVER ACE on her maiden voyage. The 400m long and 62m wide Evergreen EVER ACE called at Berth #16 of Hutchison
APM Terminals Pipavav offers Buffer Yard Facility
PIPAVAV : In response to the requirement from various exporters and their respective intermediaries, to offload their containers on forward looking multiple VIA’s whose gates have not yet been open; APM Terminals Pipavav is
Port congestion in Germany forces 2M Alliance to AE7/Condor service adjustments
SINGAPORE : The largest container alliance in the world, 2M Alliance comprising Maersk Line and MSC has announced changes in its AE7/Condor service on North Europe to Far East network. Maersk said that as
Third-largest port in the world remains partially shut down; Industry reacts
NINGBO : The world’s third-busiest port, Ningbo-Zhoushan in China, remains partially shut down as investors and US markets assess potential economic reactions. The closure could lead to new disruptions in global trade, stalling economic recovery.
2.7 million containers queued off the world’s ports – Ningbo shutdown worsens bottlenecks
It may prove difficult for the US and many other countries to stock up enough retail goods for the shopping spree that awaits on Black Friday and during the Christmas season. As a consequence