Combined throughput at the world’s 110 busiest container ports increased by 6.1% in 2017, driven by a recovery witnessed in global economy and trade during the year. According to a […]
Hong Kong port February container volumes down 6%
After getting off to a good start to the year, the Port of Hong Kong saw throughput slide 5.7% in February, led by a plunge in mid-stream operations traffic. Overall […]
Container throughput boosts Port of Rotterdam
Cargo throughput at the port of Rotterdam, Europe’s largest port, rose 1.3 percent to 467 million tonnes in 2017, driven by strong growth in the container segment, the port said […]
Strong container demand pushes Maersk Line’s profit up
By Jite Eriabie Danish shipping giant Maersk Line reported a net profit of USD 584 million in 2017, against a net loss of USD 376 million seen a year earlier. […]
Container rates dropped in final months of 2017 – Drewry
Market share aggression among carriers saw spot rates collapse in the final months of 2017, damaging annual contract prospects in the process, according to Drewry. “The current spot rate surge […]
Boy, three others killed as container falls on Okada
A three-year-old boy and three others were killed on Wednesday when a containerised trailer lost its truckhead on Kara Bridge on the Lagos-Ibadan Express way. The truckhead plunged into the […]
Camouflage, umbrellas found in container seized at Tin Can port, says Police
The Commissioner of Police, Western Ports Command, Apapa, Celestine Okoye on Thursday refuted claims that weapons were found in a 20-foot container impounded by his men at the Tin Can Island Port […]
Container volumes rise at PSA International
By Jite Eriabie Singapore-based port operator PSA International handled 9.8 percent more container volumes in 2017, compared to the previous year. The company recorded a total of 74.24 million TEUs […]
Singapore port container volumes grow 8.9% in 2017
By Jite Eriabie Singapore container port handled 33.7m teu last year up 8.9% on 2016, however, volumes were still marginally lower than the record year of 2014. Retaining its place […]
APM Terminals waives charges on container for IDPs
By Oluwatoyin Amao Nigeria’s leading container terminal operator, APM Terminals Apapa Limited weekend waived handling and storage charges running into several millions of naira on a container load of fish […]
Shanghai port sets 40m TEU world container volume record
By Jite Eriabie Container throughput at China’s Port of Shanghai surpassed 40 million TEUs in 2017. With this number, the port is believed to have broken an existing annual world […]
Abidjan plans for 14,000-teu container ships
By Jite Eriabie The chief executive of the Ivory Coast’s Autonomous Port of Abidjan – le Port Autonome d’Abidjan (PAA) – has said that expansion work at the port, once […]