Month: December 2017

China launches world’s largest automated container terminal (video)

Yangshan automated port

 Yangshan Deep Water Port in Shanghai, the largest automated container terminal in the world, started its trial operations on 10 December 2017, informs China Daily. The facility was launched right according to the schedule announced earlier this year. Phase 4 of the Yangshan Port will have the capacity of 4 mln TEU once it […]

Russian Arctic port Sabetta dispatches first LNG

Sabetta first LNG

Over the past week-end, the first two LNG tankers – Russian Sovcomflot’s Christophe de Margerie and Greek Dynagas’ Boris Vilkitsky – were loaded at the port of Sabetta with the first cargo of liquefied natural gas (LNG) produced at the Yamal LNG plant and set off eastward heading towards the markets in Asia. Our first article […]

Gdansk receives EU subsidy for port expansion

Gdansk port project

The Port of Gdansk has become one of the two Polish entities to receive funding from the Connecting Europe Facility (CEF), an EU financial instrument supporting the development of transport, energy and digital services, informs the Port Authority. The funding of EUR 19.9 mln was granted to the Port of Gdansk in the course of the […]

CMA CGM sells NOL’s terminal in Los Angeles for USD 820 mln cash

Global Gateway South terminal

The CMA CGM Group completed the sale of its 90% equity interest in Global Gateway South terminal (GSS) at the port of Los Angeles, United States, informed the company on December 01, 2017. The stake was acquired by the infrastructure investment consortium – EQT Infrastructure III and its partner P5 Infrastructure – for an enterprise […]

APMT’s sale of terminals at Pipavav Port, JNPT on hold

Gateway Terminals India

APM Terminals (APMT) recedes from selling its port facilities at Pipavav and Jawaharlal Nehru Port Trust (JNPT) in India, writes The Hindu BusinessLine quoting top executives at two local companies who participated in the bidding process. “We looked at the two facilities for a potential acquisition. But, APM Terminals decided to put it on hold,” […]

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