Friday , 25 May 2018
Latest News


CH2M HILL to supervise Gdansk DCT expansion

UK-based design-build consultants CH2M HILL has won a £1.4m (US$2.3m) contract to supervise the expansion of the Deep Container Terminal (DCT) facilities in Gdansk, Poland. Beginning operations in 2007, DCT is Poland’s sole deep-sea hub terminal; it has a strategic goal to become the largest container hub in the Baltic Sea.  To this end, part of the works package will ... Read More »

ICTSI chalks up 17% revenue increase

Manila was among seven ICTSI operations accounting for 78% of volume

International Container Terminal Services, Inc. (ICTSI) posted US$852.4m in revenue from port operations for the financial year ended December 31, 2013, a 17% increase on the same period in 2012.   Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) were US$377.3m, 23% higher than previous year. The increase was mainly due to volume growth, higher storage revenues and ancillary services, tariff ... Read More »

AAPA encouraged and disappointed over US port funding

The American Association of Port Authorities (AAPA) has expressed both encouragement and disappointment over the funding levels and changes in federal port-related programmes proposed in President Obama’s FY 2015 budget. While the proposal included funding for a new National Infrastructure Investment programme, it also decreased funding for the Corps of Engineers’ (Corps) modernisation and maintenance for seaports, eliminating the Environmental ... Read More »

23 Konecranes heavy FLTs for Ethiopia

The 23 machines will arrive in April

Twenty-three heavy-duty fork lift trucks from Konecranes, are to be delivered to the  Ethiopian Shipping and Logistics Services Enterprise (ESLSE), based in Addis Ababa, Ethiopia, next month (April) 12 weeks after the order was placed.  They will be deployed in the Port of Djibouti and at the dry port of Modjo. The order is made up of SMV 10-1200Bs, SMV ... Read More »

Port of Melbourne up for sale?

Privatisation for Port of Melbourne?

The Australian State Government of Victoria is examining “strategic and commercial options” for its port facilities, which could see the privatisation of the Port of Melbourne, the country’s busiest container port, along with the proposed Port of Hasting development. Reports in the Australian media and from the financial world, quote the state treasurer Michael O’Brien during a radio interview, in ... Read More »

Jade half way through US implementation

Jade Software has passed the hallway mark of a five port implementation of its Jade Master Terminal software for Diversified Port Holdings (DPH) in the United States, completing the third installation in Mobile, Alabama, following Jacksonville and Fort Lauderdale. DPH, an integrated ports logistics business, selected Jade to handle complex high volumes of disparate cargo, especially in Mobile where the port ... Read More »

BIFA welcomes US single Customs window

The British International Freight Association (BIFA) has welcomed the Executive Order, signed by President Obama last week, which aims to streamline export and import processes for USA businesses trading internationally. Specifically, the Order is aimed at completing the International Trade Data System (ITDS) by December 2016, which is designed to reduce export and import processing and approval times from days ... Read More »

Seven in line for Tema Port expansion

The expansion project will be built in five phases

Seven valid bid offers from China, Belgium, Switzerland/Israel, the Netherlands and Portugal, including one from a Ghanaian company, with values ranging from US$489m to over US$2bn, are being evaluated by the Ghana Ports & Harbours Authority (GPHA) for the expansion of the Port of Tema. The tender process, which was launched in March last year (2013), resulted in 53 expressions ... Read More »

Essential facelift for Zayed ports

Zayed Port needs essential maintenance work

An investment of AED20m (US$5.4m) is being made by the Abu Dhabi Ports Company (ADPC) to carry out essential maintenance work at Zayed Port and its neighboring Freeports, to repair the quayside wall, enhancing the ports’ facilities and services. The work will be carried out in phases over the next six months to minimise disruption and maintain safe operations at ... Read More »

APMT “Fit for future growth”

APM Terminals (APMT) is “Fit for future growth,”  according to CEO Kim Fejfer, following publication of terminal operator’s annual results as part of the A.P. Moller-Maersk Group annual report, which recorded APMT’s increased profit of US$770m. Describing its future ‘investment pipeline’ in future mega-cities projects as proving that the operator is ready to capture growth, Fejfer said that APMT is ... Read More »