Month: August 2018

Newcastle container terminal: a matter of when, not if

Newcastle Container terminal

 The Port of Newcastle (PoN), Australia, has disclosed the explicit interest on the part of global port operators to develop a container terminal at the port, informs The Newcastle Herald. According to Craig Carmody, Port of Newcastle CEO, the port has received a number of “unsolicited bids” in the weeks since potential operator DP […]

Noatum expands in Valencia with EUR 26.5 mln investment

Noatum Valencia

Following the recently announced extension of Noatum’s container terminal concession in Valencia, there comes the news of the company’s intention to invest EUR 26.5 mln into the terminal’s expansion, writes the Spanish daily Las Provincias. In late July, the Port Authority of Valencia (APV, La Autoridad Portuaria de Valencia) announced in the State’s Official Bulletin […]

Smart port of Antwerp: using automatic sounding boat for safe shipping

automatic sounding boat

The Antwerp Port Authority is currently testing a fully autonomous sounding boat to carry out measurements of the water depth within the port. The vessel, named the Echodrone, was developed by Port of Antwerp in partnership with the Brugge-based maritime technology company dotOcean. This is one of the many initiatives underaken by the Antwerp Port […]

DP World reports 14.4% revenue growth in 1H 2018

DP World financial results

DP World has announced the 1H 2018 financial results, showing a 14.4% revenue growth and a 7.9% increase in adjusted EBITDA. The reported revenue is USD 2,626 mln, its growth is accounted for by the volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC, Dubai Maritime City and […]

APMT’s major step in digitization of port services

APM Terminals Bahrain

Bahrain has become one of two countries globally, where APM Terminals has launched the new online customer platform called Lift. According to APMT, the Lift portal allows clients to track and trace their goods, check the status of shipments and vessels and schedule deliveries, all 24/7. Using a user-friendly interface, Lift connects users to the […]

ABP joins forces with Rolls Royce and Svitzer to develop new port technologies

Associated British Ports

Associated British Ports, the UK’s leading port operator, has announced that it partners with Rolls Royce and Svitzer, a leading provider of harbour and terminal towage, to develop the next generation of port technologies. A tri-party Memorandum of Understanding (MOU), was initiated by Mike McCartain, ABP’s Director of Marine & Compliance, and signed during a […]

Valencia to develop its hinterland and rail connectivity

Valencia intermodal plan

The Port Authority of Valencia (La Autoridad Portuaria de Valencia, or APV) has announced the awarding of the contract to draft the Intermodal Development Plan to TRN Taryet, the Spanish consulting company specialized in transport planning and research. With this project, Valencia aims to expand its hinterland and to attract cargo from beyond its area […]

DP World becomes a shipowner

DP World buys Unifeeder

DP World yesterday announced the acquisition of 100% of the Unifeeder Group for EUR 660 mln from Nordic Capital Fund VIII and certain minority shareholders. Based in Aarhus (Denmark), Unifeeder is the largest European container feeder operator with an extensive shortsea network connecting approximately 100 ports. The deal is subject to regulatory approvals and expected […]

London Court: DP World’s contract in Djibuti remains in force

Djibouti terminal

DP World continues the struggle to protect its rights in the dispute with the Djibuti government over the Doraleh Container Terminal. Last Thursday, the London Court of International Arbitration held that Djibouti did not have sovereignty over a contract governed by English law. The Court has also established that, in the absence of an express […]

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