The year 2016 Spain’s major ports have finished on a positive note, registering growth in their container traffic. Algeciras, that was overtaken by Valencia in 2015, now outperformed its rival and confirmed its status of the country’s largest container hub by generating throughput of 4.759 mln TEU, which is equivalent to an increase of 5.4% […]
Greece set March, 24th as a deadline for potential investors to submit binding bids for a sale of 67% in its second biggest port, Thessaloniki, reports Reuters quoting its sources close to the matter. It is also noted that previous deadlines were several times postponed due to disputes over the amount of mandatory investment and […]
The container throughput of Russian ports has grown by 1.4% in 2016, up to 3.99 mln TEU, reported the Association of Russian sea commercial ports. This is seen as a promising recovery after the last year’s fall by 25,4%. It may be reminded that the major drop in 2015 happened in imports (-28.5%), due to […]
On 26 January, CMA CGM announced in its press release that COSCO Shipping Ports signed a memorandum of understanding with CMA Terminals Holding, the CMA CGM port subsidiary, to reinforce the strategic cooperation and create more opportunities in global port operations and investments. The both parties agree to cooperate in ports worldwide with the focus […]
The port of Antwerp is the first of the major European ports to provide the 2016 throughput statistics. According to its press release it handled a total freight volume of 214 mln tonnes in 2016, up 2.7% on the previous year. This was achieved through a strong growth in containerised freight making up the major […]
The total throughput of Russian ports in 2016 reached 721.9 mln tons, which is 6.7% higher than in 2015, announced the Association of Russian sea ports. The ports handled 386.1 mln tons of liquid cargos (+5.9% to 2015), mostly crude oil (228 mln tons, +12.8%) and 335.8 mln tons of dry cargos (+7.5%). The major […]
COSCO Shipping Ports Limited (Cosco) and Hutchison Port Holdings Trust (HPHT) announced on Monday, 19th of December, of an agreement to jointly manage 3 terminal operating companies in the port of Hong Kong. The agreement concerns COSCO-HIT Terminals (Hong Kong) Limited (CHT), which is held 50/50 by Cosco and HPHT through intermediary companies and owns […]
Inamer S.L., an engineering company from Algeciras (Spain) with several container terminal maintenance service contracts, is attracting interest from spreader manufacturers with its Flexi-Flipper developed in cooperation with engineers from Cádiz University, writes World Cargo News. Unlike a regular one-piece flipper on an STS crane spreader, the patented Flexi-Flipper comprises upper and lower heavy duty […]
Spanish major terminal operator Noatum and Algeposa Group, one of Spain’s leading logistic operators, agreed to integrate the assets and teams of their companies functioning in the port of Sagunto, 25 km north of Valencia, announced yesterday’s press release of Noatum. The alliance of Logística Portuaria de Sagunto, S.A. and Noatum Terminal Polivalente Sagunto will result […]
The port of Buenos Aires is undergoing a number of major changes in its layout and makes a list of potential bidders who will compete in the tender for two container terminals, which is scheduled for the beginning months of 2017, writes Port Strategy, citing Latin America news agency Marco Trade News. The two terminals […]
