• 2017 October 10 18:06

    Incheon Port increases container volume by 16.1% in August 2017

    Incheon Port has processed 254,000 TEU last month, renewing its record for the biggest container volume for 18 consecutive months, Incheon Port Authority said in its press release.
     
    Incheon Port Authority revealed on the 27th that it has recorded 254,000 TEU last month, the highest ever in the August container volume. This is a 16.1% increase compared to the 219,291 TEU last year.
     
    According to Incheon Port Authority (IPA), such renewal of the highest record of monthly container volume is being continued for 18 months until the last month since the opening of Incheon New Port’s Hanjin Incheon Container Terminal (HJIT).
     
    Last month’s import container volume was 129,058 TEU which was an increase of 14,810 TEU compared to the same month in the previous year, taking up 50.7% of the total quantity. As for export, it was 123,556 TEU which is an increase of 20,522 TEU compared to the same month in the previous year. As for transshipment and coastal container volume, they were 1,244 TEU and 633 TEU respectively.
     
    As per country, trade amount to China recorded 152,813 TEU which is an crease of 21.4% compared to 125,841 TEU in the previous year and the trade amount to Iran attracted attention with 6,318 TEU, a 175.1% increase. In addition, the trade amount to Thailand of 9,091 TEU in the same month of the previous year recorded 12,031 TEU showing an increase of 32.3%.
     
    According to IPA, the top 5 countries with the highest annual container volume during the past 5 years were China, Vietnam, Thailand, Taiwan and Hong Kong. As for China, the annual average increased by 7.3% from 1.203,000 TEU in 2012 to 1.596 TEU last year. Vietnam showed an increase rate of 25.6% from 97,000 TEU in 2012 to 242,000 TEU last year. The annual average of Thailand, Taiwan and Hong Kong increased by 10.7%, 11.6% and 1.1% respectively.
     
    The top 5 countries until August this year was equivalent to other years and the increase rate of container volume to China was 19.4% and the increase rate of Vietnam was 15.9%. It increased by 10.5%, 16.8% and 3.3% for Thailand, Taiwan and Hong Kong respectively. Furthermore, the container volume with main countries in South East Asia increased by 11.7%, leading the increase in container volume of Incheon Port together with China.
     
    Also, as for the Middle East route which was established in June last year, the average per voyage (container volume that is loaded and unloaded in 1 voyage) was 1,000 TEU last year but this year, it increased by 72% with approximately 1,800 TEU and even for the American route, the average container volume per voyage which was merely 600 TEU last year increased up to 1,000 TEU (70% increase) this year, indicating a consistent increase.
     




2018 January 19

18:20 Name giving ceremony held in Novorossiysk for three Damen tugboats of Delo Service Company (photo)
18:06 British Ports Association responds to UK Government announcement on extra funding for border security in the Channel
17:56 ABP South Wales Ports see strong growth in 2017
17:33 Taganrog Commercial Seaport plans allocation of $4.2 mln for implementation of its 2018 development programme
17:06 BPO lunch debate in European Parliament
16:50 Nevsky Shipyard congratulates North-Western Shipping Company on its 95th anniversary!
16:32 LSC Shipmanagement increases its fleet with bitumen tanker
16:27 Azerbaijan Caspian Shipping Company undertakes measures to prevent environmental pollution
16:04 Rolls-Royce supplies MTU engines to equipment manufacturer Terex Cranes for two new Demag models
15:34 Northwest Seaport Alliance international container volumes up 4 percent in 2017
15:03 MSC adds new RO-RO service from NWC to West Africa
14:55 Russian Maritime Register of Shipping reviewes the Rules and Guidelines
14:33 “K” Line announces delivery of ‘Corona’ series coal carrier “CORONA WISDOM”
14:17 Jan De Nul supports V Forum of Dredging Companies as its Sponsor
14:03 Maersk Line announces FAK rates from Asia to West Coast of Central and South America, Mexico, Panama and Caribbean
13:32 Gulf Navigation adds “Gulf Mishref” and “Gulf Mirdif” to its fleet
13:16 CMA CGM announces THC in Kaliningrad, Russia
12:51 Second Vroon W2W vessel completes modifications and outfitting at Damen Shiprepair Oranjewerf
12:45 Port of Antwerp scores 5th record year in a row
12:14 NIBULON starts the second stage of the Southern Buh river dredging
11:51 Bunker prices show no significant changes at the port of Novorossiysk, Russia (graph)
11:28 Nine vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on Jan 18-19
11:03 Freeport of Riga Authority set to enter new markets in 2018
10:40 Russian seaports of the Azov Sea handled 87.8 mln t of cargo in 2017, up 24.7% Y-o-Y
10:17 Brent Crude futures price down 1.01% to $68.61, Light Sweet Crude – down 1.22% to $63.17
09:56 Bunker prices are flat at the Port of Saint-Petersburg, Russia (graph)
09:32 Royal IHC supports Hydraulic Engineering Structures and Dredging Congress as its Sponsor
09:15 Baltic Dry Index down to 1,139 points

2018 January 18

18:01 ABP South Wales ports see strong growth in 2017
17:39 Russian Union of Water Transport Workers congratulates North-Western Shipping Company on its 95th anniversary!
16:24 Fincantieri signs cooperation protocol with the autonomous Region of Friuli Venezia Giulia and the trade unions
16:02 MABUX: Bunker prices wait for the new market catalysts
15:33 Port of Marseille Fos and HAROPA launch new rail shuttle
15:02 CMA CGM announces FAK rates from Asia to North Africa and from Asia to the Mediterranean
14:32 Unifeeder adds Vlissingen to its service
14:19 Three vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on Jan 17-18
14:02 Ocean Network Express receives all necessary merger approvals
13:50 RPK-Vysotsk-LUKOIL-II terminal received 10.06 mln t of export oil products in 2017
13:32 Part-load optimisation delivers significant fuel savings for MAN auxiliary engines
13:28 Van Oord supports V Forum of Dredging Companies as its Sponsor
13:12 Rolls-Royce announces strategic review of Commercial Marine operation
12:50 Kerch ferry line carried 5.71 mln passengers in 2017, down 4% Y-o-Y
12:31 Wan Hai Lines to launch Japan Express Service to Singapore Malaysia
12:08 Port of Amsterdam receives LME certification
11:59 Vroon awarded multi-year charter for two PX-121 platform-supply vessels
11:36 Chevron Shipping awards global oil and LNG contract to GAC
11:05 German LNG Terminal launches Open Season
10:27 Brent Crude futures price up 0.14% to $69.48, Light Sweet Crude – up 0.34% to $64.19
10:04 FSUE Morsviazsputnik congratulates North-Western Shipping Company on its 95th anniversary!
09:42 Port of Klaipeda (Lithuania) handled 43.17 mln t of cargo in 2017, up 7.5% Y-o-Y
09:19 Baltic Dry Index down to 1,164 points

2018 January 17

18:00 Federal Agency for Water Resources supports Hydraulic Engineering Structures and Dredging Congress
17:03 Diana Shipping announces time charter contract for m/v Phaidra with Uniper
16:48 Sweden's Minister of Infrastructure visited World Maritime University
16:34 DNV GL launches certification framework and recommended practice for Carbon Capture and Storage
16:03 JAXPORT hires new Container Accounts Director
15:50 Lotos shipyard lays down paddle cruiser of Golden Ring design (photo)
15:42 Norwegian Central Bank excludes Evergreen Marine, Precious Shipping, Korea Line and Thorensen Thai Agencies from the Government Pension Fund Global
15:21 Three vessels escorted by icebreakers in eastern part of Gulf of Finland during 24 hours on Jan 16-17
15:04 DNV GL launches new JDP to test biodegradable lubricants