South Korea’s Hyundai Merchant Marine Co. (HMM) has withdrawn from a joint bid with MSC for a controlling 54% stake in Total Terminals International LLC (TTI), an operator of Long Beach Terminal, California, writes The Wall Street Journal. In the beginning of December HMM and MSC formed a consortium to jointly acquire the stake in […]
Category: News
Spanish engineers offer innovative spreader flippers
Inamer S.L., an engineering company from Algeciras (Spain) with several container terminal maintenance service contracts, is attracting interest from spreader manufacturers with its Flexi-Flipper developed in cooperation with engineers from Cádiz University, writes World Cargo News. Unlike a regular one-piece flipper on an STS crane spreader, the patented Flexi-Flipper comprises upper and lower heavy duty […]
ICTSI completes Victoria Container Terminal in Melbourne
Victoria International Container Terminal (VICT) recently celebrated the completion of its terminal in Webb Dock in Melbourne, Australia ahead of schedule, announces today’s press release of Philippine’s port operator International Container Terminal Services, Inc. (ICTSI). “This is an achievement that everyone who have helped build the terminal and invested in the success of the State […]
Strategic alliance of Noatum and Algeposa in Sagunto, Spain
Spanish major terminal operator Noatum and Algeposa Group, one of Spain’s leading logistic operators, agreed to integrate the assets and teams of their companies functioning in the port of Sagunto, 25 km north of Valencia, announced yesterday’s press release of Noatum. The alliance of Logística Portuaria de Sagunto, S.A. and Noatum Terminal Polivalente Sagunto will result […]
Ports America to develop a mega-port in Nova Scotia
Ports America, the largest terminal operator and stevedore in the United States, and Sydney Harbour Investment Partners (SHIP) have agreed to form a development group to attract customers and investors and advise on the operational configuration of Novaporte, a new Canadian container terminal in the Port of Sydney, Nova Scotia, writes Port Technology today. According to […]
BLG Logistics to handle cars in Bronka Port
The German automobile logistics provider BLG Logistics and LLC Fenix, owner and operator of Bronka Port (Russia), signed today a long-term cooperation agreement to handle automobiles of Volkswagen Group Russia at the Port of Bronka, as announced in BLG’s press release. With this agreement BLG transfers its terminal activities in Russia from the Sea Port […]
APM Terminals trusts in Hill
Hill International, a US leading construction consulting company, has received a contract from APM Terminals MedPort Tangier S.A. to provide project management and supervision engineering services during the construction of a new container facility at the Tangier-Med Port Container Terminal in Morocco, announced Hill’s press release of December, 05. The two-year contract has an estimated value […]
International Shipping Conference in Moscow
The International Conference “ShippingRu 2017” will take place in Moscow, Russia on 28 February 2017. The event is dedicated to the current situation in the Russian ports and shipping market. The topics to be discussed include: – New trends for Russian ports at Baltic and Black Seas in the context of import-export flows redistribution. – Dry […]
Major changes in Buenos Aires to pull out some operators
The port of Buenos Aires is undergoing a number of major changes in its layout and makes a list of potential bidders who will compete in the tender for two container terminals, which is scheduled for the beginning months of 2017, writes Port Strategy, citing Latin America news agency Marco Trade News. The two terminals […]
PPC’s claim against Corozal rejected
The Supreme Court of Panama rejected the appeal made by Panama Ports Company (PPC) that the tender for the Port of Corozal infringes constitutional guarantees, writes Port Strategy. As we wrote earlier, the Panama Canal Authority (PCA) had selected 4 global port operators to compete for the concession to design, construct and operate Corozal Container […]