APM Terminals (APMT) announced the decision to divest their container terminal in Izmir, Turkey. The terminal will be sold to APMT’s current partner, the State Oil Company of the Azerbaijan Republic (SOCAR), a wholly state-owned national oil and gas company headquartered in Baku, Azerbaijan. The sale is subject to regulatory approvals and is expected to […]
Gulftainer plans to invest USD 3 bln over the next five years with financing from investors and banks, as the privately owned UAE port operator seeks to double its container capacity and acquire assets, informs The National quoting Gultainer’s CEO. Peter Richards, Group Chief Executive Officer, told the publication that the company wants to reach […]
Abu Dhabi Ports and its subsidiary Maqta Gateway LLC have started implementing the first international blockchain project in partnership with the Port of Antwerp, Belgium. This has been announced at GITEX Technology Week that is going on now in Dubai, informs Thomson Reuters’ Middle East edition Zawya. Maqta Gateway became the first local entity in […]
Last week, the Port Authority of Valencia (Valenciaport) presented its Smart Port strategy at the “Smart Ports & Supply Chain Technologies” conference in Rotterdam. The event was organized by Port Technology (PTI) on 2-3 October and addressed such key topics as digitization of ports; intelligent supply chain; data exchange and integration; collaboration and standardization. According […]
The Russian state-owned oil transporting company Transneft has consolidated 60.62% of shares in Novorossiysk Commercial Sea Port (NCSP). According to the company’s press service, Transneft has closed the deal by acquiring 50% of Novoport Holding from Summa Group for USD 750 mln. Novoport Holding is a joint venture, where Transneft and Summa owned 50% each, and […]
The construction of the new container terminal at the Walvis Bay port in Namibia is 85% finalized with the full completion scheduled for June 2019, says the statement of African Development Bank Group. Supported by a loan of ZAR 2,982 mln (about USD 300 mln) from the African Development Bank, which accounts for 87.6 % […]
On 1 October 2018, Vladivostok Sea Commercial Port (VSCP) received two new Rail Mounted Gantry (RMG) cranes for its container terminal, informs the port’s press service. The cranes were acquired within the investment program of modernisation of the port’s operational facilities and are scheduled to be put into operation on 24 December 2018. VSCP is located on the […]
In December 2017, Transnet SOC Ltd ordered seven Liebherr Reachstacker LRS 545 for its container terminal in Durban, South Africa. The machines were dispatched from the manufacturing site in Sunderland, Great Britain, in February and thanks to the professional on-site assembly by qualified Liebherr service engineers in Durban, all seven units were put into operation […]
Hutchison Ports Pakistan, the country’s first deep-water container terminal, has set a new vessel handling record for the port of Karachi, having handled 5,862 moves in just over 27 hours while servicing the 8,652 TEU Hyundai Brave. During the vessel’s stay, the terminal achieved a vessel operating rate of 212.16 container moves per hour and […]
Maersk Line’s containership Venta Maersk has almost completed her maiden voyage from Vladivostok to St. Petersburg through the Northern Sea Route (NSR). On 22 September the vessel arrived at Bremerhaven, having successfully passed the Arctic Ocean from the Bering Strait to the Norwegian Sea, and now on the way to St. Petersburg passing by Sweden, […]
