Internacional

The Port of Oakland had its busiest November ever for imports in 2018, shattering an 11-year-old record. zoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license The port said that it handled the equivalent of 83,364 loaded 20-foot import containers last month. That beat the old November record of 76,902 containers set in 2007. November imports were up 15 percent ...

A double-stack freight train carrying 56 standard containers of goods left Ningbo-Zhoushan Port for Shaoxing City in east China’s Zhejiang Province Tuesday (Dec. 18), marking the official operation of the first such train service in China.   The double-stack train can save transport costs and increase carrying capacity by more than 30 percent compared with the traditional single container train, ...

The Port of Rotterdam Authority has unveiled its plans to widen and facilitate the Green Award discount for sea-going shipping as of 2019. zoomImage Courtesy: Port of Rotterdam   The port explained that the discount would encourage safe and green shipping in the liquid bulk segment. From 2019 onwards, certified chemical tankers and sea-going vessels with a cargo capacity of less ...

Uniper SE and Mitsui O.S.K. Lines, Ltd. have reached an agreement to continue and intensify their efforts to implement a FSRU (Floating Storage and Regasification Unit) at Uniper site in Wilhelmshaven, Germany.   The FSRU has a planned send-out capacity of 10 bcm/a and a LNG storage capacity of 263,000 m³. The facility could be in operation as early as ...

The National Competition Council’s (NCC’s) draft recommendation on Port of Newcastle, if exercised, would turn the port into an unregulated monopolist, according to the Australian Competition & Consumer Commission (ACCC). zoomImage Courtesy: Port of Newcastle Namely, the ACCC has raised concerns following NCC’s draft recommendation on the port, which includes the potential removal of regulation of the shipping channel service at the ...

Weaker ocean freight market set to soften spot rates after February’s Chinese New Year holidays, analysts predict, with US-China frontloading causing many US importers to be overstocked. Demand growth on Asia-Europe and transpacific headhaul ocean carrier services will slow next year, weakening spot rates in the first quarter of 2019 after February’s Chinese New Year holidays, according to analysts. Although ...

With vessels pulled from service for upwards of a month next year ahead of the 2020 sulphur cap, analyst Drewry says the impact on capacity could spur a temporary spot market boost. Scrubber retrofits ahead of the 2020 sulphur cap could give freight rates a temporary boost by restricting capacity next year, according to Drewry. The London-based analyst firm says ...

Continued membership of the convention will ensure simplified cross-border trade for UK businesses exporting their goods. The UK is set to remain in the Common Transit Convention (CTC) after Brexit, simplifying some aspects of cross-border trade for UK businesses exporting their goods to other European countries. Currently a member of the CTC while it is in the EU, the UK has now ...

The Ukrainian Sea Ports Authority has taken the next step in its development plans for the ports of Mariupol and Berdiansk in the Azov Sea. zoomIllustration; Image Courtesy: USPA   Namely, the authority, which was created for the integrated development of the port infrastructure of Ukraine, unveiled new tenders for deepening works at the aforementioned ports. Two tenders for dredging works were announced, ...

The Panama Canal Authority’s (ACP) A2 long-term rating has been reaffirmed with a stable outlook, according to ratings agency Moody’s. zoomImage Courtesy: Panama Canal Authority The ACP’s strong financial performance has resulted in better than anticipated financial metrics, driven by the successful operations of the Expanded Panama Canal, the agency explained. Moody’s also noted the canal’s strong operating track record and ...