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Monthly Archives: September 2016

Konecranes’ acquisition of Terex’s MHPS progresses

Terex’s CEO said Q2 results reflect a company in transition

Konecranes’ shareholders have approved all proposals of the board of directors and made the necessary decisions to complete the acquisition of Terex’s material handling and port solutions (MHPS) segment. In an extraordinary general meeting (EGM) held on September 15, 2016, the shareholders approved a series of amendments to the deal including the creation of a new class of B shares ... Read More »

Konecranes to deliver 21 lift trucks to Alexandria

Alexandria’s biggest terminal operator has ordered 21 new lift trucks from Konecranes for its two main terminals. The new units will be delivered to the state-owned Alexandria Container and Cargo Handling. Co. (ACCHCO)’s Alexandria container terminal at the Port of Alexandria and El-Dekheila container terminal at the port of Dekheila in late 2016. All the machines, which are part of ... Read More »

LA’s Pier 400 raises crane heights

Ten of the terminal’s 14 STS cranes will be heightened

APM Terminals Pier 400 has begun raising the heights of ten ship-to-shore cranes. The Los Angeles terminal is increasing the cranes’ height by 10 m, making them the tallest port cranes in North America according to APMT. The first of these cranes has now been heightened will be ready for vessel operations in the next few months. In a statement, ... Read More »

New Orleans Terminal, LLC goes live with Tideworks TOS

New Orleans Terminal, LLC

New Orleans Terminal, LLC has successfully gone live with Tideworks’ terminal operating system (TOS) solutions under a Software as a Service (SaaS) model. SaaS is a software distribution model in which software is licensed on a subscription basis and is centrally hosted. James Parker, vice president of Ceres Gulf New Orleans, said that he was confident the system would help ... Read More »

Navis N4 goes live in two Montréal terminals

Navis’ N4 2.6 terminal operating system (TOS) has gone live at two terminals at the Port of Montréal as part of an expansion project. The TOS was implemented at the Termont-operated Maisonneuve and Viau terminals in an attempt to expand terminal productivity and improve efficiency. The new purchase is part of the operator’s US$42m planned investment in new equipment and ... Read More »

ICTSI wants “master plan” to fix Manila congestion

ICTSI's Gonzalez called for more roads to be built

Phillipines-based port operator ICTSI has called on the government to develop a “unified master plan” to decongest Manila’s roads and port. According to the Manila Times, ICTSI’s vice-president Christian Razon Gonzalez said: “If the government wants to talk to me about this, I’m happy to join any discussion but I have never really seen a unified master plan. Today, there are ... Read More »

Cargo theft in Rio hits highest rate in 23 years

Brazil’s Rio de Janeiro recorded its highest rate of cargo theft in 23 years in 2015, a report from business standards company British Standards Institution (BSI)’s Supply chains and Solutions claimed. The latest Global Supply Chain Security and Business Continuity Risk Index report showed that Brazil was the top country to suffer from heightened cargo theft risks, followed closely by ... Read More »

Study reveals flaws in container terminals’ safety measures

The International Transport Workers’ Federation (ITF) has announced the release of a new study into the health, safety and welfare of workers in the global container port industry. The independent study, titled ‘Experiences of arrangements for health, safety and welfare in the global container terminal industry’, was commissioned by the ITF together with the Institution of Occupational Safety and Health ... Read More »

Global Ports reports steep fall in revenue

Global Ports' Russian throughput fell by 22%

Terminal operator Global Ports has reported a 24% year-on-year fall in its revenue in the first half of 2016. The company’s revenue fell from US$214.3m in the first six months of 2015 to US$163.7m in the same period this year. In the first six months of 2016, the group’s profit went up by 346% year-on-year to US$113m as the company ... Read More »