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Containers

SCCT Announces Reefer Repair Hub

Pic: APM Terminals

The Suez Canal Container Terminal (SCCT), strategically located at the mouth of the Suez Canal in Egypt, has announced its intention to open its reefer container inspection and repair hub to all brands. The terminal will also launch a dry container inspection and repair hub in October 2019.Until just over a year ago,

Maersk Q2 Beats Expectations Amid Trade War

Pic: Maersk

The world's biggest container shipping company AP Moller-Maersk delivers a 17% increase in earnings before interest, tax, depreciation and amortization (EBITDA) to USD 1.4 bn in Q2 compared to the same quarter last year.Revenue grew slightly to USD 9.6bn, which is on par with last year, and the

Port of Vancouver Sets Records

Pic courtesy: Port of Vancouver

The Vancouver Fraser Port Authority, the largest port in Canada and the largest in the Pacific Northwest, has recorded new mid-year record for container volumes.Between January 1 and June 30, 2019, overall cargo through the port increased 0.5% to a record 72.5 million metric tonnes (MMT) over the same time last year,

N4 - A Shot in The Arm for PTP

Pic: Navis

With Navis N4 TOS, the Port of Tanjung Pelepas (PTP) has again broken the record for vessel utilization after the MSC Gulsun, the largest container ship in the world, departed with 19,574 TEU in July 2019.This milestone means PTP has broken the record three times in a row and has become the first port

Containers Market to Grow by 6.5%

Pic: China International Marine Containers (Group) Ltd. (CIMC)

The shipping containers market estimated to grow with a CAGR of 6.5% during the forecast period from 2018 to 2026, said a report.According to ResearchAndMarkets' latest report, the number of goods carried by shipping containers witnessed an extravagant grow from 102 million metric tons in 1980 to 1.

Oakland Port Uncertain on Shipping Outlook

Pic courtesy: Port of Oakland

Uncertainty clouds the peak season container shipping outlook with more threatened tariffs on Chinese imports to the U.S. looming, said the Port of Oakland.However, the container ship facility located in Oakland, California, in the San Francisco Bay, added that here’s no uncertainty about handling the annual August-November cargo rush.

Hamburg Inland Waterway Volumes Grow

Image: © HHM / Dietmar Hasenpusch

Port of Hamburg, Germany’s biggest universal port, said that in the first three months of 2019, at 2.57 million tons, the total quantity of cargo carried by inland waterway craft between the Port of Hamburg and its hinterland achieved double-digit growth of 12.1 percent.One limiting influence

Port Houston Box Volume Up 12%

Pic: Port Houston

Container volume at Port Houston surged in the first half of 2019, rising 12 percent compared to that period last year. According to the Executive Director Roger Guenther the port facilities have handled nearly 1.5 Million TEU through the first half of 2019.The Houston ship channel also said in a press release that ,

LBCT Develops APIs

Photo Courtesy: LBCT

The largest container terminal in America, Long Beach Container Terminal Inc (LBCT) has officially developed “Application Programming Interfaces” (APIs) to improve upon the Terminal’s ease of doing business with the truck drayage community at large.LBCT is the first Marine Terminal

Containers Market to Reach $12bln by 2023

Pic: China International Marine Containers (Group) Ltd. (CIMC)

The global shipping containers market garnered $9.29 billion in 2017 and is estimated to reach $12.08 billion by 2023, growing at a CAGR of 4.5% from 2017 to 2023.Surge in seaborne trade, rise of transportation services, and increase in number of manufacturing facilities drive the growth in the market,

VOC Port Sets New Record

Pic: VO Chidambaranar Port

South India's VO Chidambaranar Port created a new record by handling 1,80,597 MT of cargo in a single day on July 27 this year, surpassing the previous single day record of 1,77,639 MT on November 16, 2017.The fourth-largest container terminal in India said in a statement that major cargoes of the day include coal (79,

Smart Containers Transform Shipping

Graph: Drewry Shipping Consultants Limited

Smart devices have the potential to radically transform the utility and value of shipping container equipment assets.According to Drewry, Smart containers have increased in prominence in a very short space of time and the pace of adoption is expected to accelerate over the next five years.A container

Canada's FortisBC to Export LNG to China

Pic: FortisBC Energy Inc

FortisBC Energy Inc will export Canadian LNG produced by its small-scale LNG terminal in British Columbia to China starting in 2021.The Canadian natural gas utility, which has operated its Tilbury LNG plant since 1971, said in a press release that it has signed a two-year contract to ship 53,000 tonnes

JGC Containers Ready for Moray East OWF

Image: Siemens

UK engineering company JGC Engineering and Technical Serviceshas, on behalf of Siemens, completed the construction of high voltage equipment containers for the Moray East offshore substation platforms."The Moray East offshore windfarm project completed its first fabrication milestone as the Thurso

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