Elon Musk’s SpaceX entered into preliminary negotiations with the Port of Los Angeles to expand its existing facilities at the port with the aim to construct a manufacturing centre to produce what may become huge next-generation spaceships for missions to Mars. Although neither the port nor the company officials disclose what exactly will be produced […]
Yesterday, 18 March 2018, DP World announced the acquisition of Cosmos Agencia Maritima S.A.C., a fully integrated logistics services provider based in Peru. Cosmos Group owns Neptunia S.A and Triton Transport S.A, that offer maritime and logistics services, and also possesses a 50% stake in Terminales Portuarios Euroandinos S. A. at the port of Paita, […]
Navis, part of Cargotec, has entered into a subscription agreement with Cosco Shipping Ports Ltd. (CSP) for the Navis N4 terminal operating system (TOS), informs Cargotec Corporation in its press release. With the help of Navis N4 CSP aims to further enhance the efficiency of its port operations. The Chinese CSP is one of world’s […]
The major Spanish transhipment hub Algeciras increased its liner connectivity by 20.5% in 4Q 2017 as compared to the previous quarter, becoming the second of all the global container ports, just after Singapore, with the highest rise in the number of direct service connections. This was revealed in the latest edition of Drewry’s quarterly Ports […]
Who said shipping people can only transport cargo all over the globe? They also can cook delicious paellas! To witness this – and, by all means, taste them! – you should come to Valencia in early March. Since 1990, logistics companies join here to battle at the International Paella Contest. Port.Today had a great pleasure […]
Two new ship-to-shore cranes were delivered to the Wando Welch Terminal in Charleston on 1 March 2018, the South Carolina Ports Authority (SCPA) informs. The neo-Panamax STS cranes are manufactured by Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC) in China and can lift containers 155 feet (47m) above the dock. Upon commissioning in June, the new […]
Blockshipping, the Danish start-up aiming to develop the world’s first blockchain-based container registry, announced the start of its ICO (initial coin offering) on 15 April, 2018. During the ICO period the company plans to sell 40,000,000 Container Crypto Coins (CCC), which will serve as dividend tokens, at USD 0.62. Currently, the company invites all interested […]
Following DP World’s announcement of the Djibouti Government illegally taking control of Doraleh Container Terminal S.A at the end of February, more news is coming from the region. On 1 March 2018, the Dubai-based global terminal operator signed an agreement with the Government of Ethiopia, whereby Ethiopia enters into DP World Berbera Port becoming its […]
Global Ports Investments PLC (Global Ports), the leading operator of container terminals in the Russian market, has announced that on Monday, 26 February 2018, the company’s Board of Directors elected Mr. Morten Engelstoft, CEO of APM Terminals, as the new Chairman of the Board. Mr. Engelstoft will take over from Mr. Peder Sondergaard who left […]
Royal Boskalis Westminster N.V. (Boskalis), a leading Dutch expert in dredging services, has secured a contract for the port development project Tuas Terminal Phase II in Singapore. According to the company’s press release, the contract worth SGD 1.46 bln (USD 1.1 bln or EUR 897 mln) was awarded by the Maritime and Port Authority of […]
