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Monthly Archives: February 2014

Hamburg rail in rude health

The rail terminal at the HHLA Container Terminal Altenwerde

Hamburger Hafen und Logistik AG’s (HHLA) Container Terminal Altenwerder (CTA) in Hamburg handled just under half a million boxes last year, making it the Germany’s largest rail terminal in terms of container throughput. Exactly 496,762 boxes – the equivalent of 813,100 standard containers  – were handled in 2013. Compared to 2008, the year before the outbreak of the financial and ... Read More »

Maersk Line sails in with $1.5bn profit

Maersk Line returned a US$1.5bn profit in 2013, significantly above and more than tripling its US$461m profit for 2012; volumes increased by 4.1% to 8.8m FFE (8.5m FFE – 2012). The line expects its 2014 results to be in line with those of last year, although it plans to grow with the market, in which it envisages global demand in ... Read More »

ICTSI extends Tacloban operations contract

The City of Tacloban was devasted by Typhoon Yolanda

International Container Terminal Services, Inc. (ICTSI) has agreed to extend its temporary contract to operate Tacloban Port for an additional six months, guaranteeing operations while the port continues to recover from Typhoon Yolanda. The Philippine Port Authority (PPA) had earlier called on the services of the company to take over operations at Tacloban to give Leyte Integrated Port Services, the ... Read More »

Largest MoorMaster order is Canada-bound

Switzerland-based Cavotec has won three orders for its MoorMaster automated mooring systems at applications in Australia, Canada and Denmark, worth a total of more than €28m (US$38m). The Canadian order – from St. Lawrence Seaway is the largest order for the technology to date and will see the company manufacture and deliver 39 MM400L units for 13 locks and the ... Read More »

Port Metro Vancouver hit by strike

A 2005 strike cost the port US$722m

Industrial action by truck drivers serving Port Metro Vancouver in Canada is expected to severely impact the port. A strike notice has been issued to the port authority by the United Truckers Association, who have voted for a 48 hour strike commencing Wednesday 26th February.  While not all drivers are members of the association, the result is likely to be a ... Read More »

Golden share could go in ZIM restructuring

The Zim Ontario

Israel’s government may waive its golden share in shipping line Zim in exchange for contracts with the company under a proposed restructuring plan that will see the shareholding of Israel Corp., the line’s controlling shareholder cut from 99.7% to around 32%. The golden share was granted in 1995 and provides veto power for the government on certain strategic matters, among ... Read More »

PSA to construct fourth terminal at India’s JNPT

Singapore’s PSA International has won the bid to construct and manage a US$1.3bn fourth container terminal at India’s Jawaharlal Nehru Port Trust (JNPT), near Mumbai, offering a 35.9% revenue share to the port. The project will be awarded on a design, build, finance, operate, transfer (DBFOT) basis. The company’s only competition was Adani Ports & Special Economic Zone, offering a ... Read More »

FEC begins laying tracks for new Port Everglades rail yard

Port Everglades contributed the land, valued at US$20m, for the ICTF

Rail tracks and crane pads are being installed for the new Florida East Coast Railways (FEC) Intermodal Container Transfer Facility (ICTF) at Port Everglades. Slated to open this summer, the US$73m, 43 acre (17.5 ha) near-dock rail facility in the port’s Southport containerised cargo area will be used to transfer domestic and international shipping containers between ship and rail. It ... Read More »

Gloria on her way to Jebel Ali

Kalmar has gained an order from DP World to supply two of its latest generation “Gloria” reachstackers to the Jebel Ali new container terminal 3 (T3) in Dubai. The order was placed in January 2014 and delivery is scheduled for June 2014. When the terminal opens for business this year it will be the world’s largest semi-automated facility, with 1,860 ... Read More »