Finland's ports are set to shut on Friday 18 September as the country's three big trade union federations protest against the government's labour reform programme.
Both the chairman of the management board, Ain Kaljurand, and a member, Allan Kiil, have resigned after it was revealed in the Estonian media that they have been under investigation for accepting bribes. Kaljurand's position is equivalent to that of chief executive officer or managing director.
The projects of the ports of Antwerp, Bremen, Dublin, Guadeloupe and Valencia have been shortlisted for the seventh European Sea Ports Organisation (ESPO) Award on Societal Integration of Ports. The jury selected these five applications from a total of 22 submissions. The theme of this year’s competition is ‘engagement with local schools and universities’.
In shipping’s ongoing consolidation phase, APM Terminals has reached an agreement with Perez y Cia to acquire their majority stake in the Barcelona-based Grup Maritim TCB and its maritime services’ container terminal portfolio in Europe and Latin America. Grup Maritim TCB has 11 container terminals with an annual throughput capacity of 4.3m teu and an estimated annual container volume of 3.5m teu.
The world’s largest port operators have come together to push a joint green agenda.
NYK has established its first exclusive roll-on/roll-off (ro-ro) terminal in Saudi Arabia at King Abdullah port (KAP). KAP RORO Terminal is a joint-venture initiative between the Japan-headquartered shipping company and Saudi Arabia-based Ports Development Company (PDC).
In 1914, the opening of the Panama Canal forever changed the way cargo was shipped throughout the world. In April, the Panama Canal Expansion opened after a $5.2 billion, nine-year project and caused major changes in modern maritime trade.
While U.S. ports have been busy, overall the beginning of the shipping season has been slower than anticipated.
Spurred on by the desire of consumers to receive their orders faster and cheaper, retailers are establishing “intermediate” distribution facilities closer to major population centers. These warehouses are positioned between the big-box import distribution centers and the customers, and they are skilled at processing goods efficiently at the package level.
It’s not news that the U.S. is in a high state of anxiety following the recent mass shootings in Orlando and deadly attacks on police in Dallas, or that these and many other violent incidents are occurring in the midst of a highly charged presidential campaign. Add to that the nuclear provocations by North Korea and deadly ISIS attacks in Paris and Brussels and at some point the compounded insecurities would come knocking on the door of an issue that at least in the U.S. has been largely settled policy: port security.
Hong Kong’s container throughput fell 10.5 percent in the first six months of 2016 compared to the same period last year, continuing a steady decline that has seen the terminals registering volume declines every month since July 2014.
An Indian conglomerate has started building the country’s first transshipment port, conceived 25 years ago, and the government will construct another $4-billion facility nearby to create a shipping hub rivaling Chinese facilities in the region.