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Hapag-Lloyd signs 10-year extension with DP World for Santos terminal
DP World has renewed its partnership with German liner Hapag-Lloyd for another decade, extending the long-running agreement between the two companies at the Port of Santos, Brazil’s largest container hub. The new contract secures continued co-operation that began in 2014, ensuring Hapag-Lloyd’s vessels will keep calling at DP World’s multi-purpose terminal well into the 2030s.
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The renewal coincides with DP World’s US$190 million terminal expansion project, which will extend the quay length to 1,290 meters and boost annual handling capacity to 1.7m TEUs by 2026. DP World handled a record 1.25m TEUs at Santos in 2024 – up 14% year-on-year.
The upgrade will enable the terminal to accommodate larger ships and improve turnaround times for major customers such as Hapag-Lloyd. In March 2025, DP World also signed a long-term agreement with Maersk to expand container services in Brazil, underlining its broader strategy to lock in key carrier partners across the country.
“This renewal highlights the strength of our partnership and the key role Santos plays as a gateway for Brazilian trade,” said Fabio Siccherino, CEO of DP World in Brazil, adding: “With our upcoming expansion and new equipment, we’re ensuring we can meet growing demand while delivering reliability, efficiency, and sustainability.” “The agreement reinforces our commitment to the Brazilian market and strengthens our global partnership with DP World,” said Luigi Ferrini, Hapag-Lloyd’s senior vice president for Brazil. Adding that it would help improve service quality for customers in the region.
A new China route sees first containership in 57 years call at JeJu Port
The opening of a new trade route to China marked the first arrival in 57 years of a containership to South Korea’s Jeju Port. The semi-autonomous island, which lies to the south of the Korean peninsula, highlights that the new service with China will be an economic boost to the region. The Ministry of Oceans and Fisheries approved the route in late July and completed the operational plan in October. The plan calls for weekly service between China’s Qingdao and Jeju.
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Jeju was designated as a trading port in 1968, but it has mostly seen smaller cargo ships, the fishing fleet, and has become a popular call for cruise ships. Ferries also maintain service to the Korean mainland, but containers have had to be trans-shipped from Korea’s main seaports.
The service is being initiated by China’s Shandong Port Equipment Group with one of its recently built containerships. The first ship departed China on 16 October, arriving at Jeju on 18 October. It was the 712-TEUs containership SMC Rizhao (8,800 dwt). Having entered service in 2023, it is 118 meters in length. The ship is reported to be well-suited to the service as it has 109 reefer plugs to permit the export of frozen fish. The vessel arrived with 40 containers of Chinese imports, including furniture and electronics. It was reported to have loaded 10 containers of processed seafood for export to China.
Chinese officials highlighted it as an important new trade route and part of the country’s efforts to build regional services. China looks to export building materials and other products to Jeju Port. The Koreans said it would provide a two-day faster service, permitting containers not to have to be trans-shipped through Incheon Port. This, they said, would also result in costs up to 62 percent lower. In addition to seafood, officials said they expect to export bottled water and cosmetics to China and will use the new service to attract manufacturing companies. The SMC vessel will depart China every Monday, arriving in Jeju port on Wednesday. It will return to China the following Saturday.
Cavotec signs motorised reel order for Port Hedland in Australia
Cavotec has signed a contract with Australian construction and engineering company Civmec for the supply of a motorised cable reel to be installed at Port Hedland, Western Australia, one of the world’s largest iron ore export facilities. This marks Cavotec’s first major collaboration with Civmec, further strengthening Cavotec’s presence in Australia’s mining and bulk material handling sector.
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Cavotec was awarded the project based on its strong track record in providing innovative and durable reeling solutions for balanced machines in the Australian market.
“This order underscores Cavotec’s capability to deliver robust, high-performance solutions for some of the most challenging industrial environments in the world,” said David Pagels, CEO of Cavotec. “We are proud to support Civmec in this project, and we look forward to building a long-term partnership.” Delivery of the motorised reel is scheduled for the third quarter of 2026.