Following DP World’s announcement of the Djibouti Government illegally taking control of Doraleh Container Terminal S.A at the end of February, more news is coming from the region. On 1 March 2018, the Dubai-based global terminal operator signed an agreement with the Government of Ethiopia, whereby Ethiopia enters into DP World Berbera Port becoming its […]
Global Ports Investments PLC (Global Ports), the leading operator of container terminals in the Russian market, has announced that on Monday, 26 February 2018, the company’s Board of Directors elected Mr. Morten Engelstoft, CEO of APM Terminals, as the new Chairman of the Board. Mr. Engelstoft will take over from Mr. Peder Sondergaard who left […]
Royal Boskalis Westminster N.V. (Boskalis), a leading Dutch expert in dredging services, has secured a contract for the port development project Tuas Terminal Phase II in Singapore. According to the company’s press release, the contract worth SGD 1.46 bln (USD 1.1 bln or EUR 897 mln) was awarded by the Maritime and Port Authority of […]
On 21 February 2018 the Propeller Club of Algeciras held its regular lunch meeting (“almuerzo coloquio”), where Laura Ferrario Barber from the Women’s International Shipping and Trading Association (WISTA) was invited as a speaker. Mrs. Ferrario, Tramp Operations Manager at Transcoma Shipping in Tarragona, used to be the President of the Spanish National WISTA Association. […]
The illegal seizure of Doraleh port by the government of Djibouti will have minimal impact on DP World’s finances, the port operator said yesterday, as the UAE government voiced its support of the Dubai-based port operator. “There will be no material financial impact to the group as a consequence of these events,” the company said […]
Australia, the United States, India and Japan are in talks about establishing a joint regional infrastructure scheme as an alternative to China’s One Belt One Road concept, writes Reuters. The unnamed senior U.S. official has been quoted as saying that the plan is still “nascent” but is being seriously discussed adding that it is on […]
The Baltic and International Maritime Council (BIMCO), the world’s largest international shipping association, published its Dry Bulk Terminals Vetting report for 2017, evaluating terminals’ performance from January 2015 to December 2017. BIMCO started this practice of collecting data and ranking dry bulk terminals according to their performance back in January 2015. The data is gathered […]
Yesterday, 18 February 2018, PSA’s Bharat Mumbai Container Terminals (BMCT) was officially inaugurated at Jawaharlal Nehru Port by India’s Prime Minister Narendra Modi, who had laid the foundation stone for the terminal back in October 2015. As The Straits Times reports, the official ceremony was conducted remotely from the site of the future Navi Mumbai […]
Port Newark Container Terminal (PNCT), jointly operated by Ports America and MSC’s ports arm TIL at the Port of New York and New Jersey, has recently introduced a truck slot reservation program. The new “FLEX Services” program allows terminal’s clients who pay USD 95.50 per container to be serviced first when PNCT opens at 6am. […]
Kalmar, part of Cargotec Group, will supply 9 terminal tractors to facilitate Ro-Ro operations at two Italian terminals of Onorato Armatori Group. The delivery is scheduled for Q2 2018. Milan-based Onorato Armatori S.p.A. is a leading European shipping operator providing passenger and freight maritime transportation by Moby, Tirrenia-CIN and Toremar shipping lines. The group employs […]
