Philippines to send back trash to South Korea

The remaining 5,000 of the 6,500 metric tons of garbage from South Korea that arrived at the Mindanao International Container Terminal (MICT) in Misamis Oriental last year will be sent back to where it came from by next month.

John Simon, Bureau of Customs (BOC)-MICT sub-port collector, said officials of the South Korean government are set to arrive on Wednesday for a two-day meeting on the return of the garbage.

“The commitment is there. We will just discuss the details… The idea is how to...

https://container-news.com/philippines-send-back-trash-south-korea/

Canadian Pacific opens new Vancouver auto hub

​Canadian Pacific is using its strategic land holdings to support sustainable, profitable growth and alleviate capacity and congestion issues for automakers shipping to and from Vancouver with the opening of its new Vancouver Automotive Compound (VAC).

The VAC is in a prime location to handle vehicles made in North America for distribution in British Columbia, northern Washington State and parts of Alberta, as well as vehicles imported through the Port of Vancouver.

“Vancouver is Canada’s primary...

https://container-news.com/canadian-pacific-vancouver-auto-hub/

China’s export box transport index flat in May

China’s container transport for export purposes stayed unchanged from a month earlier in May, as market demand remained weak, according to data from the Shanghai Shipping Exchange.

The average China Export Containerized Freight Index stood at 799.9 points last month, down from 817.8 points for 2018, the exchange said in a statement.

Since the beginning of this year, the index has averaged 831.88 points, the exchange said, describing the container transport market last month as “relatively weak.”

Re...

https://container-news.com/china-export-box-transport-index-flat-may/

Samsung Heavy Industries secures contract to build two LNG carriers

South Korea-based shipbuilder Samsung Heavy Industries (SHI) has secured a contract to construct two liquefied natural gas (LNG) carriers.

In a stock exchange announcement, SHI said that the company has won the order valued at approximately KRW450bn ($381m) from a Bermuda-registered client.

The shipbuilder said that the LNG carriers are scheduled to be delivered by the end of June 2022.

Until now, Samsung Group’s core subsidiary SHI has won contracts to build ten LNG ships and one floating...

https://www.ship-technology.com/news/samsung-heavy-lng-carriers/