In mid-November, the first Indian inland waterway terminal was opened on the Ganga river in Varanasi, 780km east of Delhi. The terminal was officially inaugurated by India’s Prime Minister Narendra Modi. This is the first of four multi-modal terminals currently under construction on the National Waterway-1 (river Ganga) as part of the World Bank-aided Jal Marg […]
Puerto Quequen, Argentina, starts constructing a facility to handle wind turbines, which later on will be converted into a container terminal. The port on the southeast of the Buenos Aires province is to receive the wind turbines already in early 2019. These will be shipped from Asia for wind farms Vientos Necochea, Vientos Miramar and […]
NSW Ports, the Australian investment consortium managing ports and terminals of New South Wales, announced its plans to invest in on-dock rail infrastructure capacity at each of the three container terminals at Port Botany, ultimately increasing the port’s rail capacity to 3 mln TEU. The investment will be staged, with stevedores being required to invest […]
MSC intends to buy out the shares of Gruppo Investimenti Portuali (GIP), its partner in the new container terminal under construction in the Italian port of Genoa, and thus to consolidate 100% of the terminal, informs The MediTelegraph. Not so long ago, in June 2018, the Western Ligurian Sea Port Authority managing the Genoa port […]
The Visakhapatnam Port Trust (VPT), India, is ready to expand its container terminal, informs The Hindu. The project involves an investment of INR 633 crore (apprx. USD 90 mln) and is expected to commence by the year end or early 2019. The Visakhapatnam Port, which is located on India’s east coast in between Chennai and […]
COSCO Shipping Ports Ltd and PSA Corporation signed a memorandum of understanding yesterday to add two new berths at the COSCO-PSA Terminal (CPT) in Singapore. The launch of the two new mega-vessel berths will increase CPT’s annual handling capacity from 3 mln to about 5 mln TEU and will strengthen CSP’s presence in Singapore and […]
The Port of Hamburg has announced its 9 months 2018 results. The port achieved a total throughput of 100.8 mln tons, which is 3.4% below the 2017 level, due to lower volumes of bulk cargo and containers, although conventional general cargo slightly increased. Hamburg handled 6.6 mln TEU in January-September 2018, -2.4% as compared to […]
The consortium of Bollore Africa Logistics and PowerChina International Group Ltd. has been selected as the preferred bidder for the Ibom Deep Seaport Project (IDSP) on the southern coast of Nigeria. Now the project passes to the next stage of public private partnership procurement process, which is negotiating with the preferred bidder on the investment […]
Sultan Ahmed bin Sulayem, Group Chairman and CEO of DP World, has been elected as Chairman of Virgin Hyperloop One, as the company is ready to start implementing the world’s first hyperloop system. Besides, Jay Walder, one of the world’s leading mass transportation and technology executives, has been appointed as the company’s CEO and a […]
Nine leading ocean carriers and terminal operators signed a Declaration of Intent to form a consortium aimed at developing the Global Shipping Business Network (GSBN), an open digital platform based on distributed ledger technology. The signing ceremony took placeat the China International Import Expo inShanghai on 6 November 2018. The participants include shipping lines CMA […]
