DP World increases stake in Australia

DP World today announces that it has acquired an additional stake in DP World Australia


Dubai, UAE, 23 January 2019: DP World announces that it has acquired an additional stake in DP World Australia (Holding) Pty Ltd (DP World Australia) from Gateway Infrastructure Investments (Gateway) and other financial investors valuing DP World Australia at an enterprise value of approximately A$ 1.4 billion (USD 997 mn). The acquisition is subject to regulatory approval and is expected to close in 1Q...


Crew strike challenges Haldia port

Show-cause notice to absent workers triggers crisis

Nearly half a dozen ships are stuck at the Haldia port since Monday (Jan. 21) morning with the mooring crew striking work following a show-cause notice issued by the port authorities.

Another 28 vessels are said to be waiting at the Sandheads, an anchorage 25 nautical miles off Haldia port.

Most of these vessels are carrying dry bulk cargo that include coal imported from Australia and manganese ore from South Africa. Three container vessels with...


Rotterdam as a circular hub

Rotterdam’s port and industrial area is eminently suited for giving shape to the circular economy. The region has a high concentration of raw materials and residual flows from numerous industrial and logistics activities. Combined with its good accessibility, this creates an excellent foundation for the broad introduction of circular production and consumption processes.

From Monday, 14 January to Friday, 18 January 2019, the circular economy will be taking centre stage. An entire week will be...


NWSA finishes 2018 on strong note

The Northwest Seaport Alliance’s total monthly container volumes for December reached 349,055 twenty-foot equivalent units (TEUs), a 11.6 percent increase over the same month last year.

Total import volumes were up 20.2 percent at 159,550 TEUs, compared to December 2017, as shippers continued to send cargo in anticipation of higher tariffs. Full imports, 138,873 TEUs, set a record for the month of December. At 140,749 TEUs, total export volumes were up 7.4 percent over last year. Total...


Drewry: Port Throughput Indices Retreat As Throughput Fell Everywhere Except Asia

The Drewry Container Port Throughput Indices are a series of volume growth/decline indices based on monthly throughput data for a sample of over 220 ports worldwide, representing over 75% of global volumes. The base point for the indices is January 2012 = 100. Drewry’s latest assessment – January...


NCSP Group’s cargo turnover for January–November 2018 totaled 127,283 thousand tons

In January–November 2018, transshipment of liquid cargo at NCSP Group’s terminals decreased by 6.6% or 6,427 thousand tons and amounted to 91,127 thousand tons, including 59,794 thousand tons of crude oil, 30,367 thousand tons of oil products, 711 thousand tons of UAN (solution of urea and ammonium...


First lock gate arrived at IJmuiden

The first of a total of three lock gates for the new sea lock has arrived at IJmuiden on Jan. 20. The lock gate was towed by a tug across the North Sea to its final destination. On its way from South Korea to IJmuiden – with a stopover at Maasvlakte 2 – the lock gate has covered a total of more than 26,000 km. The transport over the last 150 km took 30 hours and went smoothly.

Minister of Infrastructure and Water Management, Cora van Nieuwenhuizen, is pleased with the arrival of the lock gate:...