Tag: port

Thessaloniki privatisation: “Fifteen men on a dead man’s chest”

Today Greece’s privatisation agency has announced that three binding bids were received yesterday for a 67% stake in the port of Thessaloniki. The offers came from Philippines-based International Container Terminal Services Inc. (ICTSI), Dubai-based DP World and a consortium comprising German private equity firm Deutsche Invest Equity Partners, Terminal Link (a subsidiary of CMA CGM) […]

ICTSI to bid for Thessaloniki

Philippines-based terminal operator International Container Terminal Services Inc. (ICTSI) confirmed yesterday its intention to bid for a majority stake in Greece’s Thessaloniki port, writes today BusinessWorld Online. “I can confirm we are participating in the process,” Manila business newspaper quotes Christian R. Gonzalez, ICTSI Senior Vice-President and Regional Head of Asia Pacific. ICTSI budgeted a USD 240-mln […]

Spanish port reform rejected, strike called off. What next?

Algeciras new container terminal

Spanish dockworkers unions have called off the remaining days of the strike scheduled for March, 17, 20, 22 and 24, after the Congress rejected yesterday the new law on dock labour system reform suggested by the government. The lower house of Spain’s Parliament voted down the law, which now has a status of royal decree, […]

ICTSI terminates lease in Portland

Philippine terminal operator International Container Terminal Services Inc. (ICTSI) has announced that its subsidiary ICTSI Oregon Inc. and the Port of Portland, USA, have mutually agreed to end the 25-year lease agreement to operate the container facility at Terminal 6 as from 31 March 2017, reports The Philippine Star. Following approval by the US Port […]

Spanish dockers to start the largest strike since 1980s

Valencia port

Spanish ports face severe disruptions during March, as dockworkers plan to protest government reforms to allow ports to hire non-unionised labour. The Spanish government has been under pressure since December 2014, when the Court of Justice of the EU ruled that the country’s current dock labour system breaches the EU legislation on the freedom of […]

Liebherr delivers the largest mobile harbor crane in Copenhagen area

The Danish company A. Henriksen Shipping A/S has signed a contract for a new multi-purpose Liebherr mobile harbour crane, type LHM 550, announced today’s press release of Liebherr Maritime Cranes. The new crane with a total lifting capacity of 144 tonnes will be the largest mobile harbour crane in the Copenhagen area and at Zealand. […]

Hanjin declared bankrupt, HMM consolidates its 4 terminals

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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