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APMT to operate major Turkish port

APM Terminals (APMT) and Turkey-based Petkim have entered into a final agreement to create and operate Aegean Gateway Terminal (AGT), which is expected to become one of Turkey’s largest container and general cargo terminals. All operations will operated by APMT under a 28-year concession with operations expected to start in the summer of 2015. Read More »

Volatile prices key risk for 2013

Sixty-five per cent of senior finance leaders consider volatile prices the main risk for 2013,with supply and reputational risk selected by 19% and 16% respectively, according to a survey carried out by UK-based 4c Associates. Read More »

Matson expands Savannah operation

Matson Logistics, a provider of multimodal transportation, warehousing and distribution services throughout North America, has established new 65,000 sq. ft. (20,000 sq. m) distribution centre, with the ability to increase to 125,000 sq. ft. (38,000 sq. m), in the Port of Savannah. Read More »

Charleston starts 2013 on a rise

The Port of Charleston started 2013 with a rise of 7.7% in the number of containers it handled in January compared to the same month last year, reaching 121,286 teu. Cumulatively, the port’s box volume for the first seven months of its fiscal year rose more than 11% to 892,487 teu from July to January, up from 801,495 teu last year. Read More »

Terex (Germany) sprints to the USA

An order for 17 Terex NSC 624 E diesel-electric sprinter straddle carriers has been placed with Terex Ports Solutions (TPS) by Canada-based Global Container Terminals (GCT) for its subsidiary Global Terminal & Container Services in the Port of New York/New Jersey. The machines will be used for rapid horizontal transfer of boxes between the quay cranes and container stacks. Read More »

Southampton digs deeper

Associated British Ports (ABP) has received consent from the UK Marine Management Organisation (MMO) to improve the marine access to the Port of Southampton with an extensive programme of dredging. The consent follows hard on the heels of permission to widen the channel at Marchwood, work which is now underway. Read More »

Linde manufacturing plants remain – for the time being

In addition to the breaking news announcement by this publication yesterday (18th) that Konecranes is to acquire certain assets of the Linde Material Handling brand from the KION Group, CM believes that under the new collaborative agreement, production of the Linde container handling truck business will only continue at the Merthyr Tydfil plant until the third quarter of this year and until 2014 at Linde Xiamen in China. Read More »

Craney Island rises from the water

The two southern-most dykes needed for the development of Craney Island Marine Terminal in the Port of Virginia are now above water-level, with the first marine terminal at Craney Island possible within the next 12 to 15 years. Read More »

Konecranes goes to Manila North Harbour

Manila North Harbour Port, Inc. (MNHPI), the company awarded the contract to manage, operate and develop Manila North Harbour in the Philippines, recently took delivery of six new, double-stacking Konecranes SMV 6/7 ECH 100 DS empty container handlers, the first of their kind in a Philippine port. Read More »