Empty containers at the Port of Mombasa recorded 7,079 Twenty Feet Equivalent Units (TEUs) out of the 19,171 TEUs total yard population in the week ended September 13th 2017. There were 6,254 TEUs ready for collection by consignees, 3,227 TEUs awaiting pickup order and 1,258 full exports (nominated/un-nominated). The yard which recorded 21,093 TEUs in the […]
Monthly Archives: September 2017
French container shipping major CMA CGM has confirmed the order for nine 22,000 TEU containerships while releasing results for the second quarter of 2017. “In order to keep pace with market growth and the group’s needs, the Board of Directors of CMA CGM has approved the order for 9 container ships of 22,000 twenty-foot equivalent […]
Another big hurricane, another temporary waiver of the Jones Act — the 1920 law mandating that goods and passengers shipped between U.S. ports be carried in U.S.-flagged ships, constructed primarily in the U.S., owned by U.S. citizens, and crewed by them or by U.S. legal permanent residents. Circumstances did indeed demand a new stay on […]
COPENHAGEN, Sept 7 (Reuters) – Trade between the BRICS countries, Brazil, Russia, India, China and South Africa, has grown strongly this year, figures from the world’s largest container shipper showed on Thursday. Maersk Line, which handles one out of seven containers shipped globally, said its shipments from China to India had increased 26 percent by […]
China Merchants Port Holdings Co Ltd (0144.HK) agreed to buy 90 percent of TCP Participações SA, Brazil’s most profitable port terminal, for about 2.9 billion reais ($924 million), a sign of growing interest in assets across Latin America’s No. 1 economy. China Merchants said in a statement on Monday that it bought the stake from […]