Port Waratah Coal Services, a major coal exporter at the Port of Newcastle, Australia, does not intend to proceed with the Terminal 4 development. The company’s Chief Executive Officer Hennie du Plooy has notified the Port of Newcastle about it today, advising that the T4 Agreement for Lease will be allowed to lapse upon its expiration […]
Month: May 2018
Brisbane launches a logistics blockchain solution
The Port of Brisbane joins the global major ports in the current trend of implementing blockchain-based solutions to connect supply chain participants, with the view to increase international trade efficiency. The new tool, called “Trade Community System” was developed in collaboration by PwC Australia, the Australian Chamber of Commerce and Industry (ACCI) and the Port […]
Marseille Fos is granted European Investment Bank support
The European Investment Bank (EIB) announced yesterday its support of the port development projects of Marseille Fos by allocating EUR 50 mln (USD 57.6). The partnership agreement was signed by Christine Cabau Woehrel, CEO of Marseille Fos Port Authority, and Ambroise Fayolle, EIB Vice President, upon their visit to Darse 2, the junction of the […]
Japan plans to invest in Indian Ocean ports
Japanese government plans to invest in port development in three Indian Ocean nations — Myanmar, Sri Lanka and Bangladesh — as part of Prime Minister Shinzo Abe’s “free and open Indo-Pacific strategy”, informs The Jakarta Post. The project aims at securing the sea lanes linking Asia and Africa via the Middle East. The three sites […]
Melford – a new Canadian Atlantic gateway
Melford Atlantic Gateway, a greenfield deep-water container terminal being developed in Nova Scotia on the Canadian East Coast, has awarded contracts for detailed engineering design and for clearing the site for the proposed development, thus marking another step forward of the project, Cape Breton Post informs. Attending the annual Port Days conference in Sydney (Canada) […]
The biggest mobile harbour crane delivered to Tunisian port
The international port trading company PORTSSOLUTIONS has delivered a Liebherr LHM 550 mobile harbour crane from the port of Bata in Guinea Equatorial to the stevedoring company GMS in the port of Sfax in Tunisia. This crane is the biggest Mobile Harbour Crane in the country of Tunisia and in North Africa. Sfax is located […]
New connection to bring 30,000 containers to Hull
A brand new service of three sailings a week between Belgium and Hull was announced yesterday by the UK’s leading port operator Associated British Ports (ABP). This service expansion is one of the results of significant investment in the Humber Container Terminals. The new Ghent to Hull connection is expected to bring an extra 30,000 […]
Philippines to invest heavily in port projects
The Philippine Ports Authority (PPA) will be accelerating the implementation of port infrastructure projects nationwide, with the revenues showing a robust growth in the first quarter of 2018, the Philippine News Agency informs. The PPA revenues reached PHP 3.78 bln (USD 72 mln) in Q1 2018, which is 9% higher than the PHP 3.48 bln […]