The Port of Gdansk has become one of the two Polish entities to receive funding from the Connecting Europe Facility (CEF), an EU financial instrument supporting the development of transport, energy and digital services, informs the Port Authority. The funding of EUR 19.9 mln was granted to the Port of Gdansk in the course of the […]
Category: News
CMA CGM sells NOL’s terminal in Los Angeles for USD 820 mln cash
The CMA CGM Group completed the sale of its 90% equity interest in Global Gateway South terminal (GSS) at the port of Los Angeles, United States, informed the company on December 01, 2017. The stake was acquired by the infrastructure investment consortium – EQT Infrastructure III and its partner P5 Infrastructure – for an enterprise […]
APMT’s sale of terminals at Pipavav Port, JNPT on hold
APM Terminals (APMT) recedes from selling its port facilities at Pipavav and Jawaharlal Nehru Port Trust (JNPT) in India, writes The Hindu BusinessLine quoting top executives at two local companies who participated in the bidding process. “We looked at the two facilities for a potential acquisition. But, APM Terminals decided to put it on hold,” […]
COSCO tops global container carriers in Q3 2017 by volume, Maersk #2
In Q3 2017, COSCO Shipping has overtaken Maersk Line by container liftings for the first time, becoming the world’s container carrier #1, informs Splash24/7 quoting the liner shipping research agency Alphaliner. The Chinese container giant COSCO Shipping, which merged with China Shipping in early 2016, reported 5.49 mln TEU of loaded volumes in the third […]
Hamburg introduces time windows for container truckers
As from today, 29 November, all four container terminals at the port of Hamburg implement a time slot-booking system for trucks collecting or delivering containers, informs the port’s press service. With this initiative, Hamburg becomes the first German seaport to introduce such a system to optimize truck handling and avoid bottlenecks at the port. Now […]
General contractor for Pionersky port is announced
The Russian Federal State Enterprise “Rosmorport” announced the general contractor for the construction of the international sea terminal Pionersky to accommodate cruise ships and ferries in Kaliningrad region, Russia, informs Rosmorport’s press service. Bolwerk LLC, a Russian company headquartered in Samara, has won the tender announced by Rosmorport at the end of October. Bolwerk is […]
Puerto Cortes develops its container facilities
Operadora Portuaria Centroamericana (OPC), part of the ICTSI group and the container terminal operator at the port of Puerto Cortés in Honduras, has announced the progress in the extension of its facility. Having won the international bid for design, finance, construction, maintenance and operation of the specialized container and cargo terminal in the Republic of […]
FESCO delivered project cargo for Moscow metro via Northern Sea Route
FESCO Transportation Group, a leading Russian container logistics company, has completed the delivery of 5 tunnel-boring machines from Shanghai to Moscow via the Northern Sea Route, informs the company’s press service. The equipment was produced by China Railway Construction Corporation Limited and will be used to construct stations of a new line of Moscow metro. […]
Shanghai, Ningbo punished for violating anti-monopoly law
Four major Chinese ports have been found violating the anti-monopoly law: Shanghai International Port (Group) Co. Ltd., Tianjin Port (Group) Co. Ltd., Qingdao Port (Group) Co. Ltd. and Ningbo Zhoushan Port Co. Ltd. On 15 November 2017, China’s National Development and Reform Commission (NDRC) held a press conference, where Meng Wei, an NDRC spokeswoman, told […]
Hong Kong port to relocate or have homes on top?
The Hong Kong Task Force on Land Supply, a government-appointed committee, is considering the options to free land for housing. Among a number of solutions there are such exotic ones as relocating the Kwai Tsing container terminal and building homes on elevated platforms above the port, informs South China Morning Post. A public consultation will […]