Blogs

The Port Of Amsterdam International And UK-Based Pifim Expressed A Formal Interest In Handling The Local Container Terminal The renowned Port Authority of Cagliari has recently declared that the Port of Amsterdam International has shown a formal interest in handling the local container terminal along with Pifim (a UK-based company) in the near future. For over two strong decades, the quay had been efficiently managed by the Cagliari International Container Terminal under the supervision of Containership Italia. Earlier in 2020, a brand-new tender was introduced to locate a new operator for the quay and on the other hand, the Contship Italia took a decision to set sail from the port right after Hapag Lloyd had transferred its primary services to the port of Tanger Med. In the current scenario, Hapag Lloyd (as linked with Leghorn and Marina Di Carrara) along with MSC (as linked directly to Cagliari) have achieved a huge amount of success for serving the Sardinia region with great expertise. The Port Authority of Cagliari has also announced that the new project is focused on re-launching the container transshipment business. CMA CGM Decides To Sell 50 Percent Stake Owned By The CMA CGM Terminals At Mundra Port To China Merchants Port CMA CGM S.A. is a world-famous French container transportation and shipping organization that has established its good reputation as a leading worldwide shipping group that manages no less than 200 shipping routes between 420 ports spread across 150 different nations. The Adani CMA Mundra Terminal Private Limited is a joint venture between Adani Ports and Special Economic Zone Ltd. along with CMA Terminals. As you must be aware of, CMA CGM S.A. is the third-largest container shipping firm across the globe that is in charge of a power-packed terminal at Mundra Port of 1.3 million teus capacity teus. Recently, CMA CGM has undertaken the bold initiative to sell the 50 percent stake as owned by its unit CMA Terminals in Adani CMA Mundra Terminal Private Limited at Mundra Port to China Merchants Port (CMP) that has unfortunately fallen prey to the ongoing border dispute with China. Odisha-Based Gopalpur Port Plans On Launching A Liquefied Natural Gas Terminal For Boosting Fertilizer And Petrochemical Industries Gopalpur Port in Odisha has carved out a niche in the world of shipping with its consistently brilliant performance in handling the cargo and differently sized vessels since a long time. The Gopalpur Port Limited (GPL) has now invested an incredible amount of Rs.2000 crores for kick starting the business for fertilizer and petrochemical industries. The exporters are now enduring a tough situation and stiff competition as well as a great loss of foreign exchange, owing to the restriction on loading for GPL while there are no issues on filling the trucks with cargo from mines of Gangavaram Ports and Visakhapatnam in Andhra Pradesh. The port authorities at Gopalpur Port Limited have made a request for acquiring 800 acres extra for the upcoming terminal. APM Terminals Pipavav Declared The Approval Of Rs.700 Crore For Fuelling Expansion Plans For The Organization APM Terminals Pipavav has announced the approval of Rs.700 crore for boosting the long-term expansion plans for the benefit of the organization and the money will prove beneficial in upgrading the existing facility and management at the port to conveniently handle large-sized vessels. The investment will also be utilized to increase the container capacity to 1.6 million teus. The port authorities are also working tirelessly to make sure that the supply chains are not affected in the long run and that the essential supplies are easily available. R&D Project Is Focused On Designing The World’s First Ammonia-Fueled Commercial Tugboat The very first ammonia-fueled commercial tugboat in the world is being developed by an advanced R&D project in Japan to give shape to the next generation of marine fuel systems. Ammonia is now being considered as the most practical solution for decarbonization in the maritime sector and is definitely the future of marine fuel systems. Ammonia is highly preferred because of the fact that it does not produce poisonous greenhouse gases when burned and causes no harm to our precious environment. Sources: https://splash247.com/port-of-amsterdam-international-and-pifim-consortium-declares-interest-in-cagliari-terminal/ http://www.maritimegateway.com/cma-cgm-move-sell-stake-mundra-terminal-security-lens/ http://www.maritimegateway.com/odishas-gopalpur-port-plans-lng-terminal-petrochemical-industries/ http://www.eximin.net/NewsDetails.aspx?name=45037 https://maritime-executive.com/article/r-d-project-to-design-world-s-first-ammonia-fueled-commercial-tugboat