SAN JOSE, Feb 28 (Reuters) - Costa Rica on Thursday opened a major new container port on an island built off its Caribbean coast that could deliver a major boost to trade in the Central American country and increase competition for the Panama Canal. Due to be operated under a 30-year concession by its builder, A.P. Moller-Maersk unit APM Terminals, the Moin container project … [Read more...]
Dubai’s DP World Seeks to Quash India Antitrust Probe Over Mumbai Port-Court Filing
By Aditya Kalra NEW DELHI, Dec 17 (Reuters) - Dubai's DP World has approached an Indian court to quash an antitrust investigation recently ordered into its alleged anti-competitive behaviour at the country's largest container port in Mumbai, a legal document reviewed by Reuters showed. The Competition Commission of India (CCI) last month said it suspected alleged … [Read more...]
North American Container Handling Record Set in Los Angeles – 27,846 TEU Moved
APM Terminals announced today it set a new North American record this month with 27,846 TEUs handled on one vessel. This represents a complete discharge of the vessel for import cargo and a complete new load of export containers, in addition to empty containers needed back in Asia. The 15,500 TEU, E-class, Eleonora Maersk vessel normally sails in the Asia/Europe service, … [Read more...]
Maersk’s Port Business Woos Customers with New Transport Services
By Stine Jacobsen COPENHAGEN, March 13 (Reuters) - Danish shipping group A.P. Moller-Maersk's is betting on winning new customers for its port division by becoming a one-stop shop that can transport goods from factory to retailers' shelves. The move comes as Maersk, the world's biggest container shipper, is entering uncharted territory following its sale last year of … [Read more...]
Maersk to Expand Onshore Services in Port Unit APM Terminals -Report
COPENHAGEN, March 9 (Reuters) - Danish shipping company A.P. Moller-Maersk will begin expanding onshore services at its global port division to accommodate demands from companies like railway operators and freight haulers, according to newspaper Borsen. "Until now it has been the big shipping lines that have paid our bills, and that's why we've focused on them. But there are … [Read more...]