Today the official delegation from Hyundai Merchant Marine (HMM) has visited Algeciras and met the executives of the Port Authority of the Algeciras Bay (APBA). At the working meeting the parties have discussed the procedure of the acquisition of the semi-automated container terminal Total Terminal International Algeciras (TTI Algeciras) by the South Korean shipping company. […]
Summa Group, the major shareholder of FESCO Transportation Group, is reported to be in talks to sell a minority stake in FESCO to a consortium headed by DP World and the state-run Russian Direct Investment Fund (RDIF), informs Financial Times. The deal may amount to several hundred million dollars and include special corporate governance rights […]
The tender to construct the international sea terminal Pionersky in Kaliningrad region, Russia, has been declared void, informs PortNews agency. As we wrote last December, in view of the 2018 FIFA World Cup taking place in Russia, the state plans to build a new cruise port in Kaliningrad region, on the Baltic Sea. The facility […]
Today we continue our discussion with Mr. J. Javier López, Head of Commercial Division of the Port Authority of the Algeciras Bay (APBA), started in the previous publication. The name of Algeciras comes from Arabic and means “the green island”, or Isla Verde in Spanish, referring to the small island that lies in the bay, […]
Solvo, the leading Russian developer of IT solutions for ports, container terminals and warehouses, has implemented its terminal operating system SOLVO.TOS at Bronka Port container terminal in Saint Petersburg, Russia, thus finalising a five-year project, informs the company’s press service. The port of Bronka (owned and operated by LLC Fenix) is a new deepwater, state-of-the-art […]
Russia practically stopped transporting goods by railway to Latvian ports, informs Reuters. According to railway statistics, in March 2017 shipments of coal, oil products, metals to the ports of Riga and Ventspils amounted to 1.2 mln tonnes, in April this volume declined to 0,75 mln tonnes, whereas in the first two weeks of May – […]
The European Commission (EC) approved last week new state aid rules that exempt certain public support measures for ports and some other infrastructure facilities from prior Commission scrutiny. Previously, Member States were required to notify the EC about their plans of public investment into infrastructure projects and obtain its approval. The 2014 “General Block Exemption Regulation” enabled […]
The Congress, the lower house of Spain’s Parliament, has approved today the new law on liberalization of the country’s dock labour system suggested by the government. This is the second attempt to reform the stevedoring sector in order to comply with the judgement of the European Court of Justice to bring it in line with […]
Spanish ports are going through some hard times this year. Having finished 2016 on a positive note, their performance has been significantly compromised in February and March by the dockworkers’ strike, vastly announced but hardly taken place, still having urged some shipping lines to implement contingency plans and re-route their vessels to alternative ports in […]
On 15 May 2017 at 9 pm MOL TRIUMPH, one of the world’s largest containerships of today, arrived at HHLA Container Terminal Burchardkai (CTB) in Hamburg, informs HHLA. Having a capacity of 20,170 TEU, the new flagship of Japan’s Mitsui O.S.K. Lines (MOL) is the first vessel of over 20,000 TEU calling the Port of […]
