Bollore and PowerChina selected as preferred bidder for Nigeria’s Ibom deep seaport

Ibom Deep Seaport Project

The consortium of Bollore Africa Logistics and PowerChina International Group Ltd. has been selected as the preferred bidder for the Ibom Deep Seaport Project (IDSP) on the southern coast of Nigeria. Now the project passes to the next stage of public private partnership procurement process, which is negotiating with the preferred bidder on the investment […]

DP World becomes Virgin Hyperloop One’s largest investor

Virgin Hyperloop One

Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, has been elected as Chairman of Virgin Hyperloop One, as the company is ready to start implementing the world’s first hyperloop system. Besides, Jay Walder, one of the world’s leading mass transportation and technology executives, has been appointed as the company’s CEO and a […]

Top terminal operators and carriers join for digital transformation of global shipping

blockchain shipping solution

Nine leading ocean carriers and terminal operators signed a Declaration of Intent to form a consortium aimed at developing the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology. The signing ceremony took placeat the China International Import Expo inShanghai on 6 November 2018. The participants include shipping lines CMA […]

Ukrainian ports join forces with two leading ports of Egypt

Ukrainian Sea Ports Authority

The Ukrainian Sea Ports Authority (USPA) and the Port Authorities of Alexandria and Damietta, Egypt, signed a Memorandum of cooperation on 2 November in Kyiv, Ukraine. The document implies joint implementation of projects, information exchange and mutual assistance in seaborne trade. The signing took place in Kyiv. From the Egyptian side, the Memorandum was signed […]

DP World sues China Merchants Port over Djibouti

Doraleh container terminal

DP World continues to protect its rights in the dispute with the Djibouti government over the Doraleh Container Terminal (DCT), which was illegally seized by the government in February 2018. Now DP World has taken legal action against China Merchants Port Holdings Co. Ltd (CM Port) for building an international free zone on the DCT area. […]

Gdansk opens trade office in Shanghai

port of gdansk

The Port of Gdansk, Poland, opened a trade office in Shangahai, informs Polish news agency The First News. Being the port’s first presence in China, the office will coordinate cooperation and reinforce contacts with Chinese companies. The opening ceremony took place during the 13th China International Logistics and Transportation Fair (CILF 2018) held on 11-13 […]

Liebherr to deliver biggest mobile harbour crane to Norway

liebherr lhm 550 norway

The German crane manufacturer Liebherr and the Karmsund Port Authority, Norway, have signed a contract for a mobile harbour crane LHM 550. With a maximum lifting capacity of up to 154 tonnes and an outreach of 54m, this machine will be the largest and the strongest mobile harbour crane in Norway. Liebherr LHM 550 will […]

Halloween week in ports: explosions, fires, collisions (video)

This week in ports all over the world has been full of dramatic events, as if some supreme evil spirits were playing on the eve of Halloween night. A container exploded at the Evergreen Terminal in the port of Los Angeles at 6pm on Tuesday, 30 October. Luckily, no one was injured, although the port […]

Valencia to construct fourth container terminal

Valencia construct fourth container terminal

The President of the Valencia Port Authority (Autoridad Portuaria de Valencia, APV) Aurelio Martinez disclosed last week the details of the Northern Terminal, a new automated container facility at Valencia of the future. The announcement was made after the APV Board of Directors had approved the EUR 1,200 mln mega-project of the port’s expansion. Today, […]

APMT Moin Container Terminal starts handling vessels

Moin Container Terminal

APM Terminals’ Moin Container Terminal (MCT) in Costa Rica has been granted permission by the National Council of Concessions (CNC) to start commercial operations at its first deep-sea berth. This is a key step for the terminal, as it allows to transfer all commercial container ships currently serviced at Puerto Limon and Puerto Moin to […]

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