Wallenius Wilhelmsen Logistics has inked a 25-year concession agreement with the Port of Zeebrugge that will nearly double its terminal footprint in the Belgian port.
Are you what is termed a “wage slave”, crawling unwillingly to work and counting the hours until the weekend, or even the end of the shift? There can be no illusions that this is reality for large numbers of people, all over the world. The maritime industry is no different to any other sector, in this respect.
DP World’s worldwide container volumes grew 10.1% to 70.1m teu in 2017 outstripping forecast market growth as a whole.
The paradox of the Straits of Malacca and modern container shipping is that despite the potential high volumes, and while terminal operators are always looking for alternatives to the established main ports of Singapore, Port of Tanjung Pelepas (PTP) and Port Klang, most of the major lines have already anchored themselves at one of the three and are unlikely to move without a sufficiently good reason.
The American Association of Port Authorities (AAPA) annual conference coincided with President Trump’s State of the Union address, and the cheers from attendees watching the speech on a big screen TV, following the first day’s presentations, grew louder and louder each time that he used the “I-word” (infrastructure) in his remarks.
The Panama Maritime Authority has released the 2017 statistics of cargo volume handled by ports showing an increase of 10.1% to 6.89m teu, up from 6,27m teu in 2016.
Mexican ports registered a milestone in 2017 as cargo volumes increased by 12.2% passing the mark of 6m teu for the first time in its history.
With the President Trump's administration one year in, the talk has turned back to Infrastructure revival in the US, an important theme in 2016’s campaign season.