May 2017

Georgia's ports set new industry standard, total tonnage climbs by 13%

May 22, 2017 - 17:39
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SAVANNAH, GA, May 22, 2017 (Press Release) -The Georgia Ports Authority handled 333,006 twenty-foot equivalent container units (TEUs) in April, an increase of 11.7 percent, or 34,966 TEUs, compared to the same month a year ago. Across all ports, GPA's total tonnage increased by 13 percent, or 334,950 tons, to reach 2.94 million tons and the Authority's busiest April ever.

Georgia-Pacific Brewton, AL, mill completes $388 million energy improvement project, invests another $50 million for product improvements

May 22, 2017 - 17:33
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BREWTON, AL, May 22, 2017 (PRNewswire) -Local and state officials joined Georgia-Pacific Brewton mill employees and their families on Saturday to celebrate the completion of a $388 million energy improvement project after two years of construction. The project modernized and streamlined the mix of equipment in the mill's recovery boiler system and now provides the mill with the ability to generate its own energy using natural gas and biofuel residuals from the paper-making process.

Mitsubishi HiTec Paper presents Environmental award in science category to Alexander Bassen at 2017 B.A.U.M. in Frankfurt, Germany

May 22, 2017 - 11:33
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BIELEFELD, Germany, May 22, 2017 (Press Release) -Mitsubishi HiTec Paper, the Bielefeld producer of coated speciality papers, has presented the Environmental award, science category, to Prof. Dr. Alexander Bassen at the annual meeting of B.A.U.M. on 17th& 18th May in Frankfurt a.M. / Germany.

CEPI, Eurofer and Eurometaux unite to emphasize importance of measuring real recycling rates for implementing circular economy

May 22, 2017 - 11:20
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BRUSSELS, May 19, 2017 (Press Release) -Member States today agreed their negotiating mandate on Circular Economy waste proposals, paving the way for trialogues with the European Commission and Parliament. EUROFER, CEPI and Eurometaux now appeal for all EU institutions to prove their Circular Economy ambition, by working constructively towards a single measure of real recycling.

Biggest Vessel in Port’s History Called; Arrival of 13,000-TEU COSCO Development

May 22, 2017 - 10:42
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The COSCO Development Source: Port of Virginia

The vessel can carry 13,092 twenty-foot equivalent units, or TEUs. The previous record was held by the MOL Benefactor when it sailed to Norfolk International Terminals (NIT) last summer. By comparison, the arrival of the COSCO Development breaks the previous record by 3,000 TEUs.

“We’ve seen nothing like her here,” said John. F. Reinhart, CEO and executive director of the Virginia Port Authority. “For years, we have been talking about the ‘next generation’ of vessels and the ‘big-ship era’. This is what we have been preparing for: the talk is over, the big ships are here.”

Pulp production in Brazil recorded 3% growth

May 22, 2017 - 10:39
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Pulp production in the first three months totalled 4.69 million tons against the 4.55 million tons recorded in the same period of last year.

In the paper sector, the surplus continues with exports that reached a volume of 544,000 tons sold between January and March, a 5.6% increase compared to the same period in 2016 when 515,000 tons were traded. In the wood panels segment domestic sales rose 2.9%, reaching the 1.6 million m3 mark.

Acquisition of Hamburg Süd approved by Maersk Line and Oetker Group's boards

May 22, 2017 - 10:36
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The sale and purchase agreement for Maersk Line’s acquisition of Hamburg Süd was approved by the boards of Maersk Line and the Oetker Group. The acquisition still remains subject to regulatory approvals.

Maersk Line will acquire Hamburg Süd for EUR 3.7 billion on a cash and debt-free basis.

TS 22: Take Advantage of a 30% Early Bird Discount

May 22, 2017 - 10:35
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The registration rate also includes an opening day port tour and cocktail reception hosted by Georgia Ports Authority.

The Program:

•          A 2-day program consisting of key expert presentations.

•          Several panel discussions including topics like the role of 3PL's in a supply chain, port infrastructure, and green energy.

•          A breakbulk carriers panel to discuss the challenges in the shipping landscape.

U.S. paper and paperboard capacity declined 1.3%

May 22, 2017 - 10:33
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In its 57th Annual Survey of Paper, Paperboard and Pulp Capacity, the American Forest & Paper Association is reporting that U.S. paper and paperboard capacity declined 1.3% in 2016.

Containerboard capacity continued to expand during recent years, increasing 1.4% in 2016 to a record 38.2 million tons. Containerboard accounted for 45% of U.S. paper and paperboard capacity in 2016, up from 36% in 2000. Tissue paper capacity has also been trending upward, expanding 0.7% in 2016 to 8.7 million tons.

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