Chinese COSCO Shipping aggressively invests in ports and logistics hubs, writes Nikkei Asian Review and tells about its recent acquisitions of the Spanish port operator Noatum and an inland logistics hub in Khorgos, Kazakhstan. Whereas the Noatum deal has been widely highlighted in the media, including Port.Today, the deal with Kazakhstan’s terminal passed largely unnoticed. […]
Peel Ports Group, owner of the Port of Liverpool, has commenced the second phase of its expansion programme at Liverpool2, informs the company today. Phase 2 involves the investment in equipment and port infrastructure, which will provide Liverpool2 with the capacity to manage the unloading of two 380m vessels simultaneously. Further 3 STS cranes and […]
PORTSSOLUTIONS, a German company offering used harbor equipment, delivered three port cranes for bulk cargo handling from the port of Santander to the port of Vilagarcía de Arousa in Spain for the stevedoring company García Reboredo S.L. The cranes can lift up to 16 tons with a maximum radius of 33m in four rope configuration […]
Yesterday, the Moscow Arbitration Court postponed till August 21 the hearing of the appeal of Vostochnaya Stevedoring Company, a container terminal in the Russian Far East, part of Global Ports, against the Federal Anti-Monopoly Service of Russia (FAS) on the case of stevedoring tariffs, informs TASS news agency. In June 2016, FAS initiated a legal […]
Today, July 10, the 3 Japanese shipping lines – K Line, NYK and MOL – have officially announced details of the establishment of their joint venture “Ocean Network Express” (ONE) and the appointment of Jeremy Nixon as ONE CEO. According to the press release published at the new website launched specifically for the JV, the […]
Italy’s leading container terminal in La Spezia (LSCT), operated by Contship Italia Group, has been voted “Best Container Terminal – Europe” at the 2017 Asian Freight, Logistics and Supply Chain Awards (AFLAS) held last week in Singapore, informs Contship Italia. The AFLAS awards are organized by the freight and logistics magazine Asia Cargo News and […]
Yildirim Holding AS seeks buyers for its 24% stake in CMA CGM, as it moves ahead with a plan to acquire Ports America Holdings Inc., the US terminal operator, writes Bloomberg. With this purpose, Yildirim mandated China Citic Bank Corp. to find investors from Asia or the Persian Gulf. In an interview in Istanbul this week, […]
APM Terminals’ facilities in Itajai (Brazil) and T4 in Buenos Aires (Argentina) were chosen as ports of call at South America East Coast for the joint Asian service of Hapag-Lloyd, NYK, ZIM, Hyundai and Hamburg Sud, informs APMT. The 13 vessels deployed at the weekly service will call the Asian ports of Kelang, Singapore, Qingdao, […]
The Port of Singapore was named “Best Seaport in Asia” for the 29th time, informs the Maritime and Port Authority of Singapore (MPA). This was announced at the 2017 Asia Freight, Logistics and Supply Chain Awards (AFLAS) held in Singapore on June 29. The AFLAS awards are organised by freight and logistics publication Asia Cargo […]
The ZIM Antwerp container vessel of 10,062 TEU capacity passed under the newly raised Bayonne Bridge in New York last week and called at Maher terminals in the port of New York and New Jersey, reports ZIM. ZIM Antwerp became the first vessel of such size to call the facility. To mark the historic passage, […]
