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Monthly Archives: April 2017

ICTSI receives legal advice for Thessaloniki bid

The port is currently operated by the ThPA under a 50-year concession

The Philippines-headquartered ICTSI is being advised by legal specialist Holman Fenwick Willan (HFW) on its bid for a 67% stake in the Thessaloniki Port Authority S.A. (ThPA), Greece. The port operator is one of three bidders which have submitted a final bid, including DP World and a consortium comprising Deutsche Invest Equity Partners GmbH, Belterra Investments LTD and Terminal Link ... Read More »

Adani plans to build new port in Malaysia

India-based Adani Group’s port arm is reportedly looking to set up a new greenfield container port in Malaysia, according to local media. Adani Ports and Special Economic Zone (Apsez) signed a Memorandum of Understanding (MoU) with Malaysia’s largest port operating group MMC Port Holdings to look into the construction of a multi-purpose container port at Carey Island, in Malaysia’s Selangor state. ... Read More »

UK rail freight operators relinquish 50% of weekly path allocations

There are currently 4,967 freight paths in the Working Time Table (WTT)

Infrastructure manager Network Rail has announced that 50% of the UK rail freight operators’ weekly path allocations are being given up as they are not being used. The announcement followed a two-year review by Network Rail and freight rail operators into the industry in an attempt to increase the efficiency of freight operations. 4,702 unused allocated “paths”, which are the ... Read More »

Madagascar faces complaint over sacking of dockworkers

The International Transport Workers’ Federation (ITF) has filed an International Labour Organization (ILO) complaint against the government of Madagascar over firing 43 dockworkers for joining a union. The complaint was lodged on behalf of the ICTSI-operated Toamasina Port workers and their union SYGMMA following the government’s refusal to obey a court order saying that workers should be allowed to join ... Read More »

HHLA reports 2016 volume growth

Angela Titzrath started heading the company on January 1, 2017

German logistics and transportation company HHLA Hamburger Hafen und Logistik AG has reported a 3.1% year-on-year rise to €1.8bn (US$1.9bn) in revenue in 2016. The group’s container throughput was up 1.5% year-on-year to 6.7m teu, boosted by a 10% volume growth to in its terminal in Odessa, Ukraine, and a 1.1% increase in volumes at its terminals in Hamburg, Germany. ... Read More »

China Merchants Port records 14% throughput growth

China Merchants Port Holdings Company (CMPort) has reported a 14.5% year-on-year rise to 96m teu in its overall container throughput in 2016. In mainland China, container volumes were up 17% year-on-year to 72m et in 2016, mainly boosted by the contribution from a new equity investment in Dalian Port (PDA) Company Limited early last year. However, while most of the company’s ... Read More »