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,” […]

COSCO tops global container carriers in Q3 2017 by volume, Maersk #2

COSCO Shipping

In Q3 2017, COSCO Shipping has overtaken Maersk Line by container liftings for the first time, becoming the world’s container carrier #1, informs Splash24/7 quoting the liner shipping research agency Alphaliner. The Chinese container giant COSCO Shipping, which merged with China Shipping in early 2016, reported 5.49 mln TEU of loaded volumes in the third […]

Hamburg introduces time windows for container truckers

Port of Hamburg

As from today, 29 November, all four container terminals at the port of Hamburg implement a time slot-booking system for trucks collecting or delivering containers, informs the port’s press service. With this initiative, Hamburg becomes the first German seaport to introduce such a system to optimize truck handling and avoid bottlenecks at the port. Now […]

General contractor for Pionersky port is announced

Kaliningrad cruise port

The Russian Federal State Enterprise “Rosmorport” announced the general contractor for the construction of the international sea terminal Pionersky to accommodate cruise ships and ferries in Kaliningrad region, Russia, informs Rosmorport’s press service. Bolwerk LLC, a Russian company headquartered in Samara, has won the tender announced by Rosmorport at the end of October. Bolwerk is […]

Yilport encounters troubles at Puerto Bolivar, Ecuador

Puerto Bolivar

Tensions are growing at Yilport’s port development project at Puerto Bolivar, Ecuador. Patricia Henríquez, the deputy of the El Oro province, where the port is located, has sent an official request last week to the Ministry of Transport and Public Works, the Internal Revenue Service, the Port Authority and Yilport Ecuador asking to report on […]

Australian container volumes grow with new entrants

Australian ports

The container throughput of the Australian ports grew by 3.7% to 7.2 mln TEU in 2016 – 2017, the highest volume ever recorded, states the Australian Competition and Consumer Commission (ACCC) in its Container Stevedoring Monitoring report 2016-17. During this period, Sydney has overtaken Melbourne and become Australia’s largest container port. Over the past 10 […]

Puerto Cortes develops its container facilities

Puerto Cortes

Operadora Portuaria Centroamericana (OPC), part of the ICTSI group and the container terminal operator at the port of Puerto Cortés in Honduras, has announced the progress in the extension of its facility. Having won the international bid for design, finance, construction, maintenance and operation of the specialized container and cargo terminal in the Republic of […]

FESCO delivered project cargo for Moscow metro via Northern Sea Route

FESCO project cargo

FESCO Transportation Group, a leading Russian container logistics company, has completed the delivery of 5 tunnel-boring machines from Shanghai to Moscow via the Northern Sea Route, informs the company’s press service. The equipment was produced by China Railway Construction Corporation Limited and will be used to construct stations of a new line of Moscow metro. […]

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