Once completed, this increases Contecon's capacity by up to 50 percent, from 1.2-million twenty-foot equivalent units
(TEU) at present to 1.6-million TEU by 2020 - giving substantial flexibility to absorb the projected increase in cargo volume at Manzanillo's largest port.
Muscat: Some 1,700 containers were lost at sea after the 8,000 TEU (twenty-foot equivalent unit
) cargo ship MOL Comfort broke in two some 430 nautical miles south east of Salalah on Thursday.
The facility was expanded from a capacity of 180,000 teus (twenty-foot equivalent unit
) to 450,000 teus at a cost of Sh21 billion.
Last year, Manila South Harbor handled 19 percent more international cargo volume compared to 2015, on its way to breaching the one million TEU (twenty-foot equivalent unit
) mark for the first time in three decades.
Spot rates for twenty-foot equivalent unit
(TEU) containers will rise by $1,000, Maersk Line wrote in a letter to customers.
The terminal, with an annual throughput capacity of 90,000 twenty-foot equivalent unit
(TEU), has three railway lines.
At 396 metres long (approximately the length of four standard football pitches) and 54 metres wide, the CMA CGM Marco Polo is capable of carrying up to 16,020 TEUs (twenty-foot equivalent unit
TAP Funding is the owner of a 99,000 twenty-foot equivalent unit
(TEU) fleet of containers, including standard dry freight, refrigerated and specialised dry freight units, which are currently managed by the buyer.
That's why efforts are exerted to figure out a feasible scenario this time of either consolidating a bigger load or tapping a new viable size vessel,' he said, noting that what was previously deployed by Asia Marine Transport was a 500 twenty-foot equivalent unit
Roro vessel for the Davao-GenSan-Bitung route.
United Arab Shipping Company (UASC) on Thursday said it closed a $1,251 million multi-tranche syndicated loan facility for the partial financing of 7x14,000 TEU (twenty-foot equivalent unit
) container ships and 5 x 18,000 TEU container ships.
Piraeus port, the largest harbor in Greece, entered a new era of handling 20,000 plus twenty-foot equivalent unit
(TEU) vessels last Monday when China's COSCO Shipping Taurus giga container vessel, one of the biggest worldwide.
Dubai: DP World yesterday signed agreements with local and international companies for the supply of 19 Ship To Shore (STS) quay cranes and 50 Rail Mounted Gantry (ARMG) cranes for its 4 million TEU (twenty-foot equivalent unit
) capacity Terminal 3 development at the flagship Jebel Ali Port.