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Maersk performs strongly in third quarter and raises guidance to over US$5bn for 2024. AP Moller-Maersk (Maersk) has recorded growth across all segments of its business in the third quarter of this year and has increased its full-year underlying EBIT to between US$5.2-5.7bn, which was previously US$3-5bn. Combined with strong container market ...
APM Terminals awards civil works and electrification contract for ...
1 day ago · APM Terminals (APMT) has awarded the contract for civil works and electrification for the expansion of its Maasvlakte II (MVII) container terminal to CareGo, a consortium comprising ABB, Dura Vermeer and GMB. The expansion will cover a 51-ha container yard and will double the capacity of the ...
ZIM accelerates rollout of smart containers with hoopoSense solar ...
3 days ago · November 11, 2024. in News, Top News. The device has a battery life of 12 years. ZIM has accelerated the global deployment of smart containers through the integration of Hoopo’s hoopoSense solar trackers with the aim of advancing visibility and transparency. The hoopoSense Solar tracker sets a new industry standard with its advanced power ...
Hapag-Lloyd orders 24 new container ships for US$4bn
Nov 7, 2024 · Hapag-Lloyd has signed two contracts with Yangzijiang Shipbuilding Group (YZJ Shipbuilding Group) and New Times Shipbuilding Company (NTS) for 24 new container ships that have a combined capacity of 312,000 teu in an investment worth around US$4bn. The 12 newbuilds from YZJ Shipbuilding Group have a capacity of 16,800 teu while the other 12 ...
ICTSI CEO calls out Maersk for conspiring against Durban joint …
1 day ago · International Container Terminal Services, Inc.’s (ICTSI) chairman and CEO Enrique K. Razon Jr. has accused Danish shipping line Maersk of conspiring to delay the commencement of a concession contract between ICTSI and South Africa’s state-owned port operator Transnet. In July last year, Transnet awarded the 25-year joint venture to develop ...
Hapag-Lloyd christens Hamburg Express container ship at Port of …
Nov 5, 2024 · The Hamburg Express is 399 m long with a capacity of 23,660 teu. Hapag-Lloyd has christened the Hamburg Express, the eponymous flagship of its Hamburg Express class, at Container Terminal Burchardkai (CTB) in the Port of Hamburg. The vessel is the seventh ship in a series of 12 newbuilds being built at the Hanwha Ocean shipyard in South Korea ...
Alabama Port Authority begins fourth phase of Port of Mobile …
Nov 4, 2024 · The Alabama Port Authority has commenced the fourth phase of its container terminal expansion at the Port of Mobile, which will double the handling capacity from 500,000 teu to over 1m teu per year. The latest phase will include an inter-terminal connector bridge to create on-dock rail access at ...
Compact Container Systems launches world’s first five-in-one …
Oct 25, 2024 · Compact Container Systems (CCS) has unveiled the SeaFold high cube (HC) 40 ft container, the world’s first five-in-one, foldable shipping container that aims to improve operating inefficiencies, reduce unnecessary container movements and dramatically reduce carbon emissions throughput the supply chain.
Top News Archives | Container Management
Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide.
Port of New York and New Jersey records double-digit growth
Aug 26, 2024 · The Port of New York and New Jersey (Port of NY/NJ) recorded double-digit volume growth In June, up nearly 14% year-on-year to total 708,935 teu. June marks the port’s fourth consecutive month surpassing 700,00 teu, as well as its seventh consecutive month of year-on-year growth as total volumes surpass 4.2m teu for the year through to June.