Category Archives: News

It has been officially confirmed by the Egyptian Suez Canal Authority, that the New Suez canal has been completed and will be launched officially within a week. The project has been started 11 months ago and its completion is ahead of the initial schedule. The New Suez canal has been tested last week by three containerships of American, Danish and Bahraini flags prior to its formal launch. The New Suez canal expansion project would lead off ships of up to 20 meters draft to transit while the transit time is expected to cut from 20 to 11 hours.

Hutchison Ports Australia (HPA) declared that it is planning to cut off 97 out of 224 jobs at ports of Botany and Brisbane which accounts for over forty per cent of its workforce. This is following its automation plans at the two ports. However Maritime Union Australia expressed sever concerns on HPA announcement and warned of employing all possible tools to avoid such a vast lay off by HPA.

The Taiwanese liner Wan Hai Line has accomplished the leader place in the Performance report by SeaIntel’s Global Liner in May 2015. Wan Hai line that previously had the third place in the same report, has beaten well-known Danish liner Maersk moving it down to the second place. As reported by the SeaIntel’s, Wan Hai had the most reliable container shipping services in the period of March to May according the customers.Wan Hai line focusing on customer service efficiency, concerns about availability of intensive shipping network within Asia in order to remain the leader in competitive advantages.

Following the recent development of the container terminal infrastructures at port of Laem by Mitsui OSK Lines, the Japanese MOL has made a JVA with the Thai terminal operator of Bangkok (SahaThai) to  establish the Bangkok Barge Terminal Company (BBT). This new terminal that is aimed to be the main gateway to Laem Chabang port is expected to be operational in 2016.

Vale Sohar, 400,315 dwt over 23 meters draft, has been the first Valemax that entered a Chinese port with full capacity. She has been carrying a full cargo of iron ore from Northern Brasil (Ponta Da Maderia terminal) to China (Dongjiakou port). This was the first direct call of a full capacity Valemax to a Chinese port since 2012 ban on Valemaxes.

It has been confirmed by Chineses Ministry of Transport that fully laden Valemaxes are now allowed to berth and discharge at selected Chinese port.

DP World Logistics Hub

London Gateway Port

DP World has announced official opening of its first distribution centre at London Gateway Logistics Park. As announced the first phase of this high tech distribution centre started officially on July 20th 2015 to bring excellent investment advantage to UK economy benefiting from the proximity to UK’s most recent deep sea terminal connected to the Western Europe consumer market. There are further development plans for further phases upon reaching the planned capacity of the first phase.

Please check here for more info.

REQUEST A RATE

As it was confirmed by the Iranian news agency (TASNIM) the french shipping line (CMA CGM) is returning to Iran (Shahid Rajaei port) in two weeks. The first containership to call would be Andromeda with a length of 363m , a draft of 15.5m and capacity of 11.5 K TEU which is scheduled for uploading and downloading of 900 TEUs at Shahid Rajaei port of Iran.

The French shipping line (CMA CGM) had stopped calling Iran following the EU sanctions on Iran’s nuclear program which is now lifted upon agreements between Iran and World powers in Vienna.

Following the World powers’ agreement with Iran on its nuclear program and lifting of nuclear sanctions that was urged on Iran’s trade with EU since 2012; the World is now counting on Iran’s capacity of over 56 million barrels of crude oil to add to the world’s capacity by returning Iran to EU market.