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Industry News
Auto exports at Shanghai port nearly doubled since April
Fri, 29 May 2020 21:00:55 +0000
Shanghai Customs said that its automobile exports saw a year-on-year increase of 97.4 percent from April 1 to May 25. About 33,500 vehicles were exported from the Shanghai port, accounting for 71.8 percent of the total of the country’s four major auto export ports, namely Tianjin, Guangzhou, Shanghai and Dalian, during the period. The customs ...
Port pro of the month: José Luis Cacho (PT)
Fri, 29 May 2020 21:00:45 +0000
This month we talked to Mr. José Luis Cacho, President of the Ports of Sines and the Algarve (APS). He told us about his long-term vision for the ports, the impact of the COVID-19 crisis on the port sector, and shared his view on the role decarbonisation and digitalisation play in the ports. Read the ...
BPA: Green Maritime Fund Critical to Emissions Reductions
Fri, 29 May 2020 21:00:36 +0000
The British Ports Association has published new research examining the barriers to shore power in UK ports, setting out three proposals to support the industry to meet ambitious emissions reductions targets. Shore power, also known as cold ironing, is the provision of shore-based electricity to ships at berth, allowing them to turn off their auxiliary ...
Fitch Upgrades FESCO’s IDR to ‘CCC’ from ‘RD’
Fri, 29 May 2020 21:00:33 +0000
Fitch Ratings has upgraded Russia-based Far-Eastern Shipping Company Plc’s (FESCO) Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’ (Restricted Default). Fitch has also upgraded FESCO’s senior unsecured rating to ‘CC’ from ‘C’ with a Recovery Rating of ‘RR6’. The ‘CCC’ IDR reflects FESCO’s improved financial flexibility following the restructuring of the company’s debt, ...
Arrival of the first container ship at Stockholm Norvik Port
Fri, 29 May 2020 17:00:51 +0000
May 27th will be remembered in the history books as the day the very first container ship arrived at Sweden’s newest freight port, Stockholm Norvik Port. The Stockholm region accounts for half of Sweden’s entire consumption, and now the opportunities to transport goods by sea as close to their final destination as possible have increased. ...

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Fri, 29 May 2020 18:59:13 +0100
It was the source of some controversy as a result of the actions of a whistle-blower and now DP World (DPW) is again experiencing troubled times with its plan to establish a deep-water multi-purpose port at Banana port located on the north bank of the Congo River’s mouth.
Fri, 29 May 2020 18:04:10 +0100
The International Port Community Systems Association reaches its tenth anniversary next year. Felicity Landon reports on its rapid growth and growing status.
Investment in Italian terminal resumes
Fri, 29 May 2020 16:01:26 +0100
Work on a deep sea container terminal in Italy has resumed following easing of COVID-19 pandemic restrictions.
Fri, 29 May 2020 01:04:49 +0100
Port authorities and staff are increasingly in the sight of cyber criminals aiming to find vulnerabilities. Dave MacIntyre investigates.
Fri, 29 May 2020 00:03:58 +0100
After several years of ups and downs and funding setbacks, the Brazilian port of Itajai may finally be fully back on track. Rob Ward investigates.

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