Tianjin Port Group and Huawei, a China-based provider of information and communications technology (ICT) infrastructure, will expand their collaboration to create a digital twin of the Chinese port.

Yang Jiemin, vice president of Tianjin Port Group, explained that the digital twin of the port will include the construction of new automated terminals, the updating of existing terminals, and the digital transformation of the port.

Yue Kun, chief technology officer of Huawei's Smart Road, Waterway & Port BU, noted that planned upgrades of the terminal will assist a variety of sectors by combining next-generation digital technologies such as 5G and Artificial Intelligence (AI) to address industrial challenges, support digital industry transformation and upgrading, and provide social value.

The Port of Tianjin is a big modern port with 300,000-ton-class terminals and a channel depth of 22 meters. It contains 213 different types of berths. In 2022, the Chinese port handled over 21 million TEUs, taking place among the 10 busiest ports in the world.

At the terminal, container cranes operate automatically and intelligent robots of the horizontal transportation system frequently come and go. Additionally, remotely controlled quay cranes lift loaded containers from cargo ships and put them onto the intelligent robots for horizontal transportation.

Mediterranean Shipping Company must pay US furniture maker MCS Industries reparations of almost US$1 million after the US Federal Maritime Commission (FMC) awarded default judgment to MCS in its breach-of-contract complaint against MSC.

FMC judge Erin Wirth cited MSC’s “willful and deliberate failure to provide discovery” as the Swiss-Italian liner giant had repeatedly failed to comply with the FMC’s order to turn over certain documents relating to its contract with MCS.

Following the acquisition of GEFCO by French CMA CGM Group, the European automotive logistics provider's brand will now become CEVA Logistics.

In particular, CMA CGM's subsidiary CEVA Logistics announced on 10 January the creation of a dedicated Finished Vehicle Logistics (FVL) organisation as part of GEFCO integration process.

According to a statement, any GEFCO’s remaining business, mostly in contract logistics and ground transportation, is going to integrate into CEVA’s existing operations.

CEVA plans to finish integration activities and replace the GEFCO brand worldwide in the next months of the year.

The new product organisation will be under the director of former GEFCO COO Emmanuel Cheremetinski, who will lead a global team of approximately 4,000 employees.

Prices of copper dipped on Tuesday, as surging COVID-19 infections in China hit its industrial activities and raised concerns over near-term demand outlook, though a weaker U.S. dollar limited losses.

Three-month copper on the London Metal Exchange was down 0.2% to $8,303.50 a tonne by 0737 GMT, reversing gains from the previous session that was supported by China's pledge to boost its economy.

But the world's top metals consumer is currently seeing a wave of surging infections.

CMA CGM SA has agreed to buy two major US shipping terminals owned by Global Container Terminals Inc to bolster the French logistics company’s presence in the country.

The acquisition gives CMA CGM a gateway on the US east coast and strengthens its position as global port terminal operator, the company said Tuesday, confirming an earlier Bloomberg News report. Financial details for the transaction to buy the terminals in the state of New York and New Jersey weren’t disclosed.