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Monthly Archives: December 2009

CONLINXX to manage Wiri Inland Port

After six years of using a truck-based shuttle service between the Wiri Inland Port and the Waitemata seaport in South Auckland, the Ports of Auckland and the NZL Group have established a subsidiary company, CONLINXX Limited, to manage the facility when a new rail exchange connecting the inland port with the seaport starts operations from February 2010. Read More »

ICTSI receives 8 new RTGs for Manila

Eight new rubber tired gantries (RTGs) have been delivered to the ICTSI Manila International Container Terminal (MICT), four of which have been commissioned and are now in use at the terminal. Read More »

HPH appointed Port Botany’s 3rd Terminal operator

Hutchison Port Holdings (HPH) has been appointed the operator of the new AUS$1bn (US$882m) Third Container Terminal (T3) expansion at Port Botany, one of the most extensive and innovative port infrastructure projects undertaken in Australia in the last 30 years. Read More »

Systems streamline container stuffing and stripping

New system to streamline stuffing and stripping containers have been developed by material handling specialist Actiw Oy with the introduction of the LoadPlate and LoadStrip, which use a single plate to move goods of varying sizes, lengths and weights into or out of standard containers within minutes. Read More »

CMA CGM given US$500m credit line

French shipping line CMA CGM has reached an agreement with its financial partners to provide a US$500m credit line, payable in January 2010, enabling the Group to pursue the current talks regarding its debt restructuring and a capital increase planned for the second-half of 2010 with the arrival of new investors. Read More »

New York/New Jersey makes difficult budget decisions

The board of commissioners of the Port Authority of New York & New Jersey has adopted a US$6.3 billion budget for 2010 that controls spending by providing for zero growth in operating expenses for the second consecutive year and reducing agency personnel to the lowest levels in 40 years. The budget also calls for US$3.1 billion in capital spending to keep its priority projects moving forward, but also defers certain major capital expenditures in response to the economic downturn, which has significantly impacted the agency. Read More »