• 2019 September 18 10:21

    Panama Canal signs agreement with Port of Rotterdam

    The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America, Port of Rotterdam said in its release. Through this agreement, the two organizations will work closely to optimize operations while encouraging economic growth and the exchange of information on new business development opportunities, including logistics parks and port development projects.

    "The Expanded Canal continues to reshape global trade routes today, reinforcing our position as the logistics hub of the Americas," said Vice President for Complementary Businesses Rafael Pirro. "We are proud to be partnering with the Port of Rotterdam to ensure our customers experience the most efficient, consistent service and develop new business opportunities."

    The agreement, comes at a period of continued growth for both the Panama Canal and Port of Rotterdam. Last month, the Port celebrated a new transshipment record for the first six months of 2019 with 240.7 million tons handled, marking a 3.4% increase compared to 2018. During the same month, the Canal set a new daily tonnage record of 1.706 million Panama Canal tons (PC/UMS) on August 16, not long before welcoming the 7,000th Neopanamax transit since the inauguration of the Expanded Canal in 2016.

    The MOU is renewable after two years and will allow for both parties to share information on their technological capabilities, including the implementation of digital tools and applications aimed at improving transport efficiency and cost reduction. Also, the MOU includes the exchange of market studies, transit data and modernizations plans, as well as joint training programs, studies and marketing activities between the two parties.

    In addition to their roles as regional logistics hubs, the Port of Rotterdam and the Panama Canal share a commitment to sustainable shipping. They have already collaborated closely through their work as members of the Global Industry Alliance (GIA), a public-private partnership initiative of the International Maritime Organization (IMO). The GIA, comprised of maritime industry leaders, works to improve energy efficiency and reduce greenhouse gas emissions in international shipping.

    Located in the Netherlands, the Port of Rotterdam is not only an important transshipment hub, but also Europe's largest port-in 2018, the Port handled 468 million tons of cargo in Rotterdam alone.




2020 July 15

18:04 CMA CGM announces Peak Season Surcharge from Asia to North Europe
17:54 Damen contracted to deliver full option cutter suction dredger to Servimagnus in Argentina
17:53 Container handling capacity increases in the Humber
17:29 Reconstruction completed in Tushinsky District of Moscow Canal’s HES
17:06 Hapag-Lloyd announces rates from East Asia to North Europe and Mediterranean
16:28 Reconstruction of POT’s “old” part to continue despite coronavirus crises
16:05 “K”Line selected for FTSE4Good Index Series and FTSE Blossom Japan Index
15:50 Color Line’s infection prevention program verified by DNV GL
15:37 7th International LNG Congress releases its business program
15:11 RPAS drones continue monitoring ship emissions in Danish waters
14:25 Wärtsilä’s experience with wind farm vessels leads to major order
14:02 WinGD works with oil majors bringing greater transparency to cylinder oil decisions
13:44 11th Dredging & Land Reclamation Summit to be held live online in September
13:23 More States need to act on crew changes, says IMO Secretary-General
13:02 APM Terminals Gothenburg grows four times faster than the market
12:23 Keppel secures FPSO contracts worth about S$73 million from MODEC
12:01 Newly-built berthing area in the Elbe River is powered by nineteen solar panels
11:17 SMM offers a market overview
10:55 All Tallink Grupp vessels are on the sea together in one day, for the first time since the outbreak of the coronavirus
10:33 Albert Likholet appointed as CEO of Global Ports
10:10 Bunker prices started decreasing at the Port of Saint-Petersburg, Russia (graph)
09:48 Webinar dedicated to modern fishing ships slated for 22 July 2020
09:29 Baltic Dry Index as of July 14
09:12 Oil prices show upward dynamics
08:56 MABUX: Bunker market this morning, July 15, 2020

2020 July 14

18:11 Wärtsilä contracted to deliver a scope of integrated solutions for CDWE's MIV
17:57 More States need to act on crew changes, says IMO Secretary-General
17:33 Throughput of Russian seaports in 6M’2020 climbed by 0.1% (detalization)
17:11 Alewijnse completes electrical installation TSHD Anchorage
16:46 Vladimir Putin signs the package of federal laws on the system of privileges in the Arctic
16:21 Mark Sickles named Interim CEO & Executive Director of DCA
15:55 Reconstruction of hydraulic facility No 9 of Tushinsky District’s HES obtains state expert approval
15:32 Green Yard Group takes over Kleven Verft business
15:04 Engineering and geological survey began for construction of Port Dalny terminal in Khabarovsk Territory
14:39 LISCR hires former USCG LNG expert to boost its global team
14:20 Young Russian sturgeon released to Volga as compensatory measure for dredging on Volga Caspian Canal
13:57 Rosmorport releases young keta salmon as compensatory measure for dredging in Shakhtersk
13:36 Straatman BV built solar-powered mooring systems for Port of Hamburg
13:12 ABB to power the world’s largest diamond recovery vessel for De Beers
12:48 Bunker prices are stable at the Far East ports of Russia (graph)
12:23 COMSAT bolsters Inmarsat network with increased C-band and L-band capabilities
11:55 IMO's informal discussions focus on cutting shipping’s carbon intensity
11:31 G3 Terminal Vancouver opens on Canada’s West Coast and transforms Canada’s grain supply chain
11:13 Further progress towards greener and safer ship recycling in Bangladesh reported at SENSREC meeting
10:50 Polish Ministry of Climate signs letter of intent on cooperation in the development of offshore wind energy
10:32 USCG investigates uninspected passenger vessel allision
10:07 Gdynia to be the installation port of Polish wind farms on the Baltic Sea
09:42 More information needed on the impacts of emissions trading in maritime transport
09:26 Oil prices decrease amid demand concerns
09:21 MABUX: Bunker market this morning, July 14
09:08 Baltic Dry Index as of July 13

2020 July 13

18:24 Canada joins Global Ocean Alliance
18:00 Interim report and independent audit of KS1437 Multipass Port project approved by related authority
16:59 Port of Ventspils (Latvia) handled 6.8 million tonnes of cargo in 6M’2020
15:32 Oboronlogistics ensures Northern delivery
15:04 Ørsted and Van Oord have successfully installed all array cables of the Borssele I & II offshore wind farm
14:21 Dublin Port throughput declines by 10.9% in the six months to June
13:53 FSUE Rosmorport’s revenue in HI’2020 grew by 6% YoY
13:30 Average wholesale prices for М-100 HFO grew to RUB 10,425 in RF spot market
13:04 CMA CGM announces FAK rates from Asia to the Mediterranean