Today the official delegation from Hyundai Merchant Marine (HMM) has visited Algeciras and met the executives of the Port Authority of the Algeciras Bay (APBA). At the working meeting the parties have discussed the procedure of the acquisition of the semi-automated container terminal Total Terminal International Algeciras (TTI Algeciras) by the South Korean shipping company. […]
On 15 May 2017 at 9 pm MOL TRIUMPH, one of the world’s largest containerships of today, arrived at HHLA Container Terminal Burchardkai (CTB) in Hamburg, informs HHLA. Having a capacity of 20,170 TEU, the new flagship of Japan’s Mitsui O.S.K. Lines (MOL) is the first vessel of over 20,000 TEU calling the Port of […]
Philippines-based port operator International Container Terminal Services, Inc. (ICTSI), has announced today the unaudited consolidated financial results for the quarter ended March 31, 2017, posting a 23% increase in net income: USD 51.7 mln against USD 42.2 mln earned in the first quarter last year. According to the report, the operator’s consolidated throughput grew by 11% […]
Petrolesport terminal (PLP), located in the port of St. Petersburg and owned by the leading Russian container terminal operator Global Ports, plans to invest RUR 4.2 bln (USD 75 mln) into the expansion of its container, Ro-Ro and general cargo facilities. Most of the investment (97.2%) will be covered from the company’s own capital, TASS news […]
The leading Russian container terminal operator Global Ports Investments PLC (Global Ports, 32% of total Russia’s container volume) has announced today its operational and financial results for year 2016. The Group reports profit of USD 61.3 mln against last year’s loss of USD 33.7 mln. Its revenue decreased by 18.3% as compared to 2015, at […]
Gulftainer, a privately owned United Arab Emirates port operator, has successfully implemented the Marine and Container Handling (MACH) terminal operating system (TOS), writes TradeArabia. The new TOS will be rolled out across Gulftainer terminals in the UAE in a phased manner in collaboration with Tata Consultancy Services (TCS), an IT services, digital and business solutions […]
German short sea shipping line OPDR, part of the CMA CGM Group, and Spanish Boluda Corporación Marítima have started jointly operating the container terminal in the port of Seville, Spain’s only navigable river port located 52 nautical miles from the Atlantic Ocean. As announced in OPDR’s press release, OPDR, with the contribution of CMA Terminals, […]
Eurogate has announced that since April, 2017 six more container shipping lines will call at its Wilhelmshaven terminal in Germany’s only deep-water JadeWeserPort. The six lines are COSCO Shipping, OOCL, CMA CGM and Evergreen forming the newly established OCEAN Alliance, as well as Hamburg Süd and Hyundai Merchant Marine. The OCEAN Alliance has included Wilhelmshaven […]
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 […]
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 […]
