DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem and Tesla and SpaceX CEO Elon Musk met last week at the World Government Summit in Dubai, as announced in DP World’s statement. At the meeting, they discussed potential application of Tesla’s state-of-the-art technology in port operations. In particular, the discussion concerned the use of Tesla […]
Hyundai Merchant Marine (HMM) has entered into a contract with Hanjin Shipping and Marine Terminals Investment Limited (MTIL) to acquire Hanjin Pacific Corporation’s 100% stake in terminals in Tokyo and Kaohsiung, announces the company’s press release. Hanjin Pacific Corporation (HPC) is owned by Hanjin Shipping (60%) and Marine Terminals Investment Limited (40%) and operates container terminals in […]
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Container Terminal Saint-Petersburg (CTSP, member of UCL Holding), Russia, invested about RUR 1.5 bln (approx. USD 22.4 mln) in the terminal development in 2016, which is 2.3 times more than in 2015. The funding was used to purchase new equipment and upgrading engineering facilities, as announced in the company’s press release this week. Thus, the […]
Yesterday at Virginia International Gateway (VIG), US East Coast, survey crews began the preparatory work commencing a USD 320 mln three-year expansion project that will nearly double the terminal’s annual capacity, announced the Virginia Port Authority press release. The project is the first of two large-scale expansion projects that, when complete in 2020, will increase […]
The port of Koper, Slovenia, inaugurated on Tuesday the crane rail tracks and the two new RMG cranes which are to substantially increase train loading capacity at the container terminal, as announced in its press release. The RMG technology has never been applied in Luka Koper before. The introduction of the new technology required the […]
On February, 10, container terminal operator Hutchison Port Holdings Trust (HPH Trust) published its 2016 results. The throughput of its deep-water ports fell by 6% as compared with year 2015. The volumes of Yantian International Container Terminals (YICT) dropped by 4%, to 11.697 mln TEU (12.166 mln TEU in 2015). The combined throughput of its Hong […]
Petrolesport Ro-Ro terminal (PLP) in St.Petersburg, Russia has finished unloading new E-Class vessels of United European Car Carriers (UECC), Europe’s leading short sea Ro-Ro operator, writes PortNews. The terminal successfully handled 3 vessel calls which brought 1,840 cars and 370 heavy trucks. The cargo was delivered to PLP within a regular service Southampton – Zeebrugge […]
Noatum, Spain’s leading company in port operations and logistics, has changed its corporate structure, announced the company’s press release. All non-container terminals in the ports of Santander, Sagunto, Málaga and Barcelona will be included in Noatum Maritime, whereas container terminals in Valencia, Bilbao and Las Palmas as well as the dry ports of Madrid and […]
On January, 29, the global port and terminal operator DP World took over operations at the port of Limassol (Cyprus) from the Cyprus Port Authority. In late April 2016, following a bailout plan between Cyprus and international creditors, the Government of the Republic awarded DP World a 25-year concession to operate Limassol multipurpose terminal handling break bulk, general and […]
