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Monthly Archives: September 2015

Kalmar launches new T2 terminal tractor

The T2 terminal tractor is expected to drive down costs and optimise operational performance and flexibility

Finnish manufacturer Kalmar has launched its new T2 terminal tractor, targeting the European market and designed to work in distribution terminals as well as in heavier port operations such as lift-on/lift-off (Lo/Lo). Mikko Lehtinen, Kalmar’s business development director for terminal tractors, told CM that the T2 model is the focal point of Kalmar’s strategy to compete with Terberg, the market ... Read More »

Drewry: Volumes from Asia to West Africa and the Mediterranean continue to fall

Container volumes from Asia to West Africa and the Mediterranean have fallen, according to analysis carried out by Drewry. Volumes from Asia to West Africa fell by 7% year-on-year in the first seven months of the year while Asian exports to the Mediterranean fell year-on-year by 7.8% in the second quarter. The East Mediterranean has held up slightly better than ... Read More »

ITF commissions study on Panama Canal safety

The locks started to leak in late August

The International Transport Workers’ Federation (ITF) has commissioned a mathematical model study to determine whether the new Panama Canal locks will be safe to operate. In a statement, the ITF said: “Recent tests raised serious concerns about the condition of the structure, with several cracks being detected in the new locks, even though the structure should be designed to withstand ... Read More »

Konecranes and Terex’s share prices fall as Konecranes revises down its profit expectation

‘Rapidly changing market sentiments’ in its equipment business have led Finnish container handling equipment manufacturer Konecranes to revise down its profit expectation, The company changed its financial guidance on sales from “sales are expected to be higher than in 2014” to “sales are expected to be slightly higher than in 2014”. On operating profit, the company now expects it to ... Read More »

Maritime security company CEO calls for more cooperation

MAST's CEO says more public-private sector cooperation is needed to preserve maritime security Credit: US Sixth Fleet

Phil Cable, CEO of leading maritime security company MAST, has called for more regional cooperation and acceptation of public-private partnerships to deal with global threats. Speaking at a conference in Australia, he said: “Maritime crime is a problem that needs engagement from all players – government, law enforcement, the shipping industry and its associates which include the security industry.” The ... Read More »

China Merchants-led joint venture buys Turkish container terminal

Kumport Terminal in Turkey

Chinese state-owned terminal operator China Merchants Holdings International (CMHI) is to acquire a 65% equity interest, worth US$940m, in Turkey’s Kumport Terminal as part of a consortium, in a move that furthers China’s “one belt, one road” strategy. The Tripartite Consortium , which is a Luxembourg-registered joint venture made up of CMHI, Chinese terminal operator Cosco Pacific and China’s sovereign wealth fund CIC Capital Corporation, ... Read More »

Kalmar to deliver four new reachstackers

Kalmar has received an order for four Gloria reachstackers equipped with new K-Motion technology from Associated British Ports’ (ABP) Immingham Container Terminal. K-Motion, which is a new drive train system embedded into the programming of Gloria reachstackers, is expected to increase efficiency and productivity by elevating uptime, ergonomics and safety, while at the same time reducing fuel consumption and running ... Read More »

DP World orders 238 Terberg terminal tractors for Jebel Ali

This is DP World's biggest ever yard tractor order

DP World has ordered 238 terminal tractors for its flagship port Jebeli Ali from Dutch manufacturer Terberg Special Vehicles. The order is DP World’s biggest yard tractor order and Terberg’s biggest ever order. The YT222 tractors will be delivered in batches starting from November 2015 through to March 2016. All the tractors will be fitted with Continental terminal tyres which, ... Read More »

Saudi Arabia considers plans to build a huge canal to bypass Iranian waters

Saudi Arabia is considering plans to build a 950-km water canal in Yemen to bypass the Iran-controlled Strait of Hormuz, Iran’s semi-official state news agency Fars claimed. The news agency reported that Sa’ad Ibn Omar, the head of Arab Studies Center in Riyadh, has revealed that studies are underway on the construction of the canal, which would start from a ... Read More »