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Monthly Archives: April 2016

Troubled Sasa conversion project hits another snag

Sasa is located on the island of Davao

The submission date for bids to operate a container terminal at Sasa port has been pushed back again. The deadline was March 28, 2016 but, according to the Filipino newspaper Sun Star, it has been rescheduled until 30 days after final clearances from government agencies are secured. The project to turn Sasa port into a container port has been repeatedly ... Read More »

Bolloré attributes rising profits to African terminals

French company Bolloré has attributed its rising transportation and logistics profits to the performance of African ports. The company’s transportation and logistics segment, which includes Bolloré Logistics, Bolloré Ports and Bolloré railways, increased its profit (EBITDA) by 5%. The company attributed this partially to “good overall performance from the port business in Africa (particularly in Ivory Coast, Cameroon, Ghana, Nigeria ... Read More »

HHLA outlines diversification strategy

As ships get bigger in Hamburg, so do peaks in truck visits

As Hamburger Hafen und Logistik AG (HHLA) announced falling throughput in 2015 and predicted no increase in 2016, its chairman announced a three-pronged diversification strategy. Klaus-Dieter Pieters said that firstly the company will “maintain and build upon [its] market leadership in Hamburg” by preparing its terminals for particularly large ships and by increasing its productivity through automation and optimisation of ... Read More »

APMT awarded Tanger Med concession

APM Terminals has been awarded a 30-year concession to operate Container Terminal 4 at Tanger Med II. The 5m teu terminal is scheduled to be completed in 2019 and will include 1,600 m of quay and 76 ha of container platform. APMT will invest €758m (US$873m) in the project, with an extension option reserved which would entail an extra €140m ... Read More »