Month: February 2017

Port.Today now in Facebook

Dear readers! We gladly inform you that now you can view all our publications also in Facebook. Please visit our page @PortToday, press “Like” and you’ll see instantly every news item as soon as it is published in our blog. We hope Facebook will help us get closer to our readers provoking our active online interaction. Feel free to share our page with […]

Massive investment drives huge growth

Container Terminal Saint-Petersburg

Container Terminal Saint-Petersburg (CTSP, member of UCL Holding), Russia, invested about RUR 1.5 bln (approx. USD 22.4 mln) in the terminal development in 2016, which is 2.3 times more than in 2015. The funding was used to purchase new equipment and upgrading engineering facilities, as announced in the company’s press release this week. Thus, the […]

Port of Virginia starts expansion project

Yesterday at Virginia International Gateway (VIG), US East Coast, survey crews began the preparatory work commencing a USD 320 mln three-year expansion project that will nearly double the terminal’s annual capacity, announced the Virginia Port Authority press release. The project is the first of two large-scale expansion projects that, when complete in 2020, will increase […]

HPH Trust cautious about 2017 volumes

On February, 10, container terminal operator Hutchison Port Holdings Trust (HPH Trust) published its 2016 results. The throughput of its deep-water ports fell by 6% as compared with year 2015. The volumes of Yantian International Container Terminals (YICT) dropped by 4%, to 11.697 mln TEU (12.166 mln TEU in 2015). The combined throughput of its Hong […]

Innovative car carrier handled at Petrolesport

Petrolesport Ro-Ro terminal (PLP) in St.Petersburg, Russia has finished unloading new E-Class vessels of United European Car Carriers (UECC), Europe’s leading short sea Ro-Ro operator, writes PortNews. The terminal successfully handled 3 vessel calls which brought 1,840 cars and 370 heavy trucks. The cargo was delivered to PLP within a regular service Southampton – Zeebrugge […]

Noatum changes its corporate structure

Noatum, Spain’s leading company in port operations and logistics, has changed its corporate structure, announced the company’s press release. All non-container terminals in the ports of Santander, Sagunto, Málaga and Barcelona will be included in Noatum Maritime, whereas container terminals in Valencia, Bilbao and Las Palmas as well as the dry ports of Madrid and […]

DP World, Eurogate to raise Limassol, but the start not easy

On January, 29, the global port and terminal operator DP World took over operations at the port of Limassol (Cyprus) from the Cyprus Port Authority. In late April 2016, following a bailout plan between Cyprus and international creditors, the Government of the Republic awarded DP World a 25-year concession to operate Limassol multipurpose terminal handling break bulk, general and […]

Maersk agreed a lesser fine on the Russian cartel case

competition charges

The Federal Anti-Monopoly Service of Russia (FAS) and A.P.Moller-Maersk A/S have negotiated a settlement agreement on the cartel case, writes today Russian business newspaper Vedomosti. FAS does not disclose the details of the agreement. The service’s representative has said that on February, 13 there will be a court hearing where the agreement may be approved. […]

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