Spain’s leading logistics and port operating group Noatum announced several important changes last week. First, the new management team has arrived in Spain to head Noatum Ports. As we wrote earlier, COSCO Shipping Ports Ltd acquired 51% of Noatum Ports in June 2017. The transaction involved the container terminals in Valencia, Bilbao, Zaragoza and Madrid. […]
This week Drewry Maritime Research have held a webinar presentation of its Ports & Terminals Insight Report. The report is issued quarterly and supplements Drewry’s main Annual Container Terminal Operators report. The 3Q 2017 report was presented by Neil Davidson, Drewry’s Senior Analyst, Ports and Terminals. The report covers several questions. One of them is […]
The Moscow Arbitration Court rejected the ruling of the Federal Anti-Monopoly Service of Russia (FAS) with regards to Novorossiysk Commercial Sea Port (NCSP) on the case of stevedoring tariffs, informs TASS news agency. As we wrote earlier this month, in June 2016, FAS initiated a legal action against nine stevedoring companies accusing them of abusing […]
Hamburg port community strongly opposes the results of the 5-months international ideas competition initiated in January 2017 by the Hamburg Port Authority (HPA) with the view to develop the 42-hectare area Steinwerder-Süd. The competition has been won by China Communications Construction Company (CCCC) with the project to construct a container terminal in that central port […]
Spain’s leading port operator Noatum invests over EUR 100 mln in its container terminal in Valencia with the aim to increase its capacity and allow mega vessels of over 20,000 TEU call the facility, informs the company. The investment plan includes expansion of the equipment fleet. Thus, Noatum has recently commissioned a new Malaccamax STS […]
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 […]
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, […]
In January-May 2017, Container Terminal Saint-Petersburg (CTSP), owned by UCL Holding, handled 264,860 TEU, recording a growth of 10,2% year-on-year. This makes CTSP the leading container terminal in Russia, accounting for 14.25% of the country’s total handling. The terminal strongly keeps its place at the top of all Russian container stevedores for the second consecutive […]
Spain’s leading port operator Noatum Ports confirms the conclusion of a partnership agreement with Chinese COSCO Shipping Ports Limited (COSCO) for the transfer of 51% of Noatum Ports. The transaction will include the container terminals owned by Noatum in Valencia (Noatum Container Terminal Valencia) and Bilbao (Noatum Container Terminal Bilbao), as well as the dry […]
