• 2017 April 5 16:31

    Incheon Port container volume up by 15.1% in February 2017

    In February, Incheon Port set a record by posting more than 190,000 TEUs in the quantity of transported containers. It is due to provision of new services on the back of facilitated Incheon New Port, Korea-China FTA and collaboration with related institutions and partner companies.
     
    According to Incheon Port Authority, Incheon Port established a record by posting 192,981 TEUs in the quantity of containers transported in February. It is up 15.1% from last year when it recorded 167,689 TEUs in the same month last year.
     
    The quantity of transported imports was increased by 1,000 TEUs from last year to record 81,559 TEUs, which accounted for 42.3% of the entire quantity. The quantity of transported exports grew by 4,000 TEU from a year ago to record 88,659 TEU. The quantity of transshipments and coastal cargoes posted 1,456 TEUs and 21,307 TEUs, respectively.
     
    By country, the volume of trade with China (98,347 TEUs) grew by 6.0% (5,536 TEUs) amid concerns about THAAD, and the volume of trade with Taiwan rose by 80.5% (3,984 TEUs). On the other hand, the volume of trade with Japan (3,736 TEUs) was decreased by 985 TEUs from a year ago to record 22.4% (1,078TEU). The volume of trade with Russia (190 TEUs) was reduced by 80.3% (774 TEUs).
     
    By region, the trade volume rose by 10.4% (3,850TEUs) in Southeast Asia (40,720TEU), and it grew by 228.0% (2,987 TEUs) in the Middle East (4,024 TEUs). On the other hand, it was decreased by 1.2% (1,321TEUs) in the Far Eastern Asia and reduced by 22.4% (1,078TEUs) in Japan (3,736 TEUs).
     
    Incheon Port Authority cited facilitation of Incheon New Port and continuous effects of Korea-China FTA as a main reason for the increase in the quantity of transported containers in February.
     
    Of a total of 31 items handled in Incheon Port, 15 items were increased. As for the main growth items, woven textile fabric (1.121 million RT) was increased by 18.4% (174,000 RT) year-on-year, and vehicles and parts (130,7000 RT) grew by 110.3% (72,000 RT), and timber, charcoal and cork (131,000 RT) rose by 26.0% (27,000 RT).
     
    In February, the quantity of bulk cargoes recorded 10.05 million tons, up 6.8% year-on-year.
     
    Imported cargoes recorded 6.69 million tons, which accounted for 66.5% of the entire cargoes, and it is up 12.2% from a year ago. Exported cargoes posted 870,000 tons, which accounted for 8.6% of the entire cargoes, and it is down 9.5% from a year ago. Coastal cargoes accounted for 24.9%, up 0.3% from a year ago.
     
    Items inducing growth in bulk cargoes were soft coals (14.1% of market share) that were increased by 420,000 tons year-on-year and petroleum gas (29.4% of market share) that was expanded by 240,000 tons.


2024 March 28

17:05 Investors upgrade Navios Maritime Partners
16:25 DEME reports 22% increase in the orderbook and a record-high turnover of 3.3 billion euros in 2023
16:14 MABUX: Bunker Outlook, Week 13, 2024
15:41 AD Ports Group announced the opening of Saadiyat Marina & Ferry Terminal and Rabdan Marina
15:11 Sydney invests $11.5 million in two new operational vessels designed by Incat Crowther
14:55 China’s Jinzhao wins Peru $405m port construction contract
14:13 APM Terminals Moín handled six million TEU
13:48 ClassNK grants Innovation Endorsements for Products & Solutions to two innovative initiatives by MOL
13:37 Konecranes launches its flagship Konecranes X-series industrial crane
12:53 United European Car Carriers UECC spearheads collaboration with industry leaders to advance CNSL as a sustainable marine fuel
12:26 Ocean Network Express announces Transpacific service
11:48 Yang Ming announces 2025 Trans-Pacific service network
11:24 Fincantieri signs contract for the supply of two PPAs to Indonesia
10:42 Maersk transported more than 660,000 TEU using clean fuel in 2023
10:23 Documentation delays push industry costs to $3bn
09:48 PONANT and FARWIND Energy partner to develop green hydrogen refueling solutions

2024 March 27

18:22 Bureau Veritas awards world’s first prototype certification for SolarDuck’s floating offshore solar solution
17:58 The recently converted Allseas's shallow water pipelay barge starts preparations for its first commercial project
17:38 The Port of Rotterdam calls on the European Commission and Parliament to focus on actively promoting green energy
15:23 SEFE to become sole shareholder of WIGA
14:53 Ocean Installer secures yet another SLM contract with Equinor
14:23 Cadeler signs offshore wind turbine installation contract for the vessel Wind Scylla
13:42 Carnival Cruise Line orders 5th Excel-class cruise ship
13:11 Maersk and MSC overcharging cargo owners for EU ETS, says T&E
12:52 The Port Authority of Valencia launches the ZAL project in the Port of Valencia
12:11 Clarkson Port Services and Peak Group collaborate to deliver Port Agency services across the North Sea
11:42 Wan Hai Lines holds ship naming ceremony for new vessels
11:24 Consolidated shipping lines EBIT loss was $1.44 billion in Q4 2023: Sea-Intelligence
10:49 Seaspan Shipyards receives long-term contracts for the pre-construction work of the the Canadian Coast Guard's first six multi-mission vessels
10:14 Woodside completes sale of 10% scarborough interest

2024 March 26

18:02 COSCO Shipping Lines introduces new Americas service
17:30 Davie awarded first contract for design of icebreaker fleet under Canada’s National Shipbuilding Strategy
17:04 Sanctions complicate Arctic LNG ship sales, Hanwha Ocean says - Bloomberg
16:57 Terntank places an order for 1+1 additional wind/ methanol-ready hybrid tanker
16:28 BW LNG completes acquisition of two TFDE vessels from Stena Bulk
15:50 Hanwha Ocean develops VR-based special vehicle simulator
15:20 TotalEnergies and SINOPEC join forces to produce sustainable jet fuel at a SINOPEC's refinery
14:52 Wärtsilä Lifecycle Agreement to guarantee operational reliability of new wind farm installation vessel
14:23 Hudong-Zhonghua launches two LNG carriers
13:51 Cargo ship hits Baltimore’s Key Bridge
13:12 Final sanctioned tanker with Russian Sokol oil to reach China port - Reuters
12:42 Adani Ports acquires 95% of Odisha's Gopalpur Port from SP Group for $162 million
12:21 IHI and Yara Clean Ammonia agree to jointly assess clean ammonia business collaboration
11:41 Yara Clean Ammonia and Azane granted safety permit to build world's first low emission ammonia bunkering terminal
11:16 Wartsila and Royal Caribbean Group celebrate 15 years of collaboration on digital transformation
10:46 A global carbon tax on shipping is coming, says ABS Chairman and CEO
10:21 Eni, Fincantieri and RINA establish partnership for maritime transport decarbonization

2024 March 25

18:07 The Maritime and Port Authority of Singapore continues to investigate reports of oil spills off the port of Tuas
17:31 “K” Line, NIPPON HAKUYO and OPT Gate sign an agreement for a new fire detection system for car carriers
17:07 Greek merchant fleet recorded slight decline in January 2024
16:47 Hanwha Ocean Plans to develop green technology and naval ships
16:25 U-Ming Singapore and ITOCHU sign milestone MoU for the joint development of ammonia dual-fuel and de-carbonized vessels
15:34 Svitzer targets methanol-fuelled MAN 175DF-M engine for tug application
15:04 Wallenius Wilhelmsen signs contracts for four 9,300 CEU vessels with China Merchants Jinling Shipyard
14:40 Taiwan International Port to upgrade terminal facility at Kaohsiung
13:59 Сruise ship Carnival Freedom catches fire near Bahamas
12:59 Hanwha Ocean wins 2.4 tln-won order for 8 LNG ships
11:16 Inland Ports meet in Paris to talk about the innovation potential of inland ports
10:50 IMO agrees possible outline for maritime “net-zero framework”
10:24 Hapag-Lloyd to continue to avoid the Red Sea route
09:58 QatarEnergy enters time charter agreements with Nakilat for the operation of 25 LNG vessels

2024 March 24

16:18 Inchgreen Marine Park upgraded as part of £11m investment
15:14 A ribbon-cutting ceremony for Solent Rail Terminal Rail was held at the Port of Southampton
14:08 ESNA and Strategic Marine join forces to offer Surface Effect Ship (“SES”) Crew Transfer Vessels (“CTV”) to the market
13:07 First LNG powered vessel calls at HIP
12:49 Inter-array cable installation completed at Neart na Gaoithe offshore wind farm
11:32 Equinor ASA posts net income at USD 11.9 billion in 2023
09:25 Edda Wind announces the sale of Edda Passat

2024 March 23

17:19 Maersk opens new warehouse facility in Tijuana, Mexico for cross-border capabilities
14:01 Bollinger Shipyard marks keel laying ceremony for 10th Navajo-class T-ATS