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Month: July 2017
Polish and Romanian ports and rail operators proceed with Three Seas Initiative
The Port of Gdansk Authority SA and Polish rail freight transport operator PKP CARGO SA signed a Memorandum of Cooperation with CFR Marfa, Romanian state rail cargo operator, and the Port of Constanta Authority, informs the port of Gdansk. The document opens a new stage in the development of cooperation between Northern and Southern Europe […]
Blockchain for secure, efficient release of containers in the port
Antwerp Port Authority has announced the launch of a pilot project for secure and efficient release of containers developed in its innovation network called “Capital of Things”. In close collaboration with the City of Antwerp, the University of Antwerp and IMEC, the Port of Antwerp is developing a unique ecosystem based on the Internet of […]
China Merchants Port cements its position at Sri Lanka
Chinese port operator China Merchants Port Holdings (CMPort) has announced the acquisition of an 85% stake in Hambantota Port at Sri Lanka for USD 974 mln. The Concession Agreement to develop, manage and operate the port has been reached between the company, the government of Sri Lanka, Sri Lanka Ports Authority (SLPA), Hambantota International Port […]
Russian container imports keep growing: +17.3% in 1H 2017
Russia’s container ports demonstrate strong growth in 2017. From January through to June 2017 they handled 2.26 mln TEU, surpassing the data of the same period in 2016 by 15,3%, informs TASS news agency quoting the Association of Russian sea commercial ports. Both import and export volumes continue the upward trend of the first quarter: imports […]
Novorossiysk is cleared of its competition charges
The Moscow Arbitration Court rejected the ruling of the Federal Anti-Monopoly Service of Russia (FAS) with regards to Novorossiysk Commercial Sea Port (NCSP) on the case of stevedoring tariffs, informs TASS news agency. As we wrote earlier this month, in June 2016, FAS initiated a legal action against nine stevedoring companies accusing them of abusing […]
Chinese consortium to build new container terminal in Hamburg?
Hamburg port community strongly opposes the results of the 5-months international ideas competition initiated in January 2017 by the Hamburg Port Authority (HPA) with the view to develop the 42-hectare area Steinwerder-Süd. The competition has been won by China Communications Construction Company (CCCC) with the project to construct a container terminal in that central port […]
Noatum increases capacity of its Valencia terminal
Spain’s leading port operator Noatum invests over EUR 100 mln in its container terminal in Valencia with the aim to increase its capacity and allow mega vessels of over 20,000 TEU call the facility, informs the company. The investment plan includes expansion of the equipment fleet. Thus, Noatum has recently commissioned a new Malaccamax STS […]
COSCO acquires dry port in Kazakhstan following OBOR strategy
Chinese COSCO Shipping aggressively invests in ports and logistics hubs, writes Nikkei Asian Review and tells about its recent acquisitions of the Spanish port operator Noatum and an inland logistics hub in Khorgos, Kazakhstan. Whereas the Noatum deal has been widely highlighted in the media, including Port.Today, the deal with Kazakhstan’s terminal passed largely unnoticed. […]
Liverpool2 to be expanded by 2019
Peel Ports Group, owner of the Port of Liverpool, has commenced the second phase of its expansion programme at Liverpool2, informs the company today. Phase 2 involves the investment in equipment and port infrastructure, which will provide Liverpool2 with the capacity to manage the unloading of two 380m vessels simultaneously. Further 3 STS cranes and […]