Friday , 24 November 2017
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Author Archives: Emmanuel Mair

APMT orders cranes for new Vado terminal

The new facility's construction site

APM Terminals (APMT) has signed an agreement for the construction and delivery of four ship-to-shore (STS) cranes and 14 automated rail-mounted gantry cranes (ARMGs) for the new APMT Vado terminal now under construction on Italy’s Ligurian coast. The new facility, the first new major port construction in Italy in several decades, is scheduled to open in January 2018 with an ... Read More »

Carbon tax on shipping among ITF’s recommendations ahead of UN climate change conference

A carbon tax for the shipping sector, an absolute emissions target and more responsibility for the International Maritime Organisation (IMO) are among the recommendations outlined in a policy brief published by the International Transport Forum (ITF), a politically independent part of the OECD. The report, authored by Olaf Merk, administrator of ports and shipping at the ITF, was published in ... Read More »

Konecranes receives repeat order for RTGs from Bolloré Africa Logistics

Finnish equipment manufacturer Konecranes has announced that it will deliver 13 rubber-tyred gantry (RTG) cranes to the container terminals operated by the logistics company Bolloré Africa Logistics in Cotonou, Benin, and Lomé, Togo. The order for the RTG units, which is the second one received by the manufacturer from the two West Africa’s terminals, is expected to be completed in ... Read More »

PSA lays foundation stone for new terminal at Jawaharlal Nehru Port in Mumbai

Indian prime minister Narendra Modi and PSA CEO Tan Chong Meng (furthest left and right) attended the ceremony

The foundation stone has been laid at Bharat Mumbai Container Terminals Private Ltd (BMCT), the fourth container terminal in Mumbai’s Jawaharlal Nehru Port (JN Port). Indian prime minister Narendra Modi, shipping minister Nitin Gadkari and Anil Diggikar, chairman of the Jawaharlal Nehru Port Trust (JNPT), were among those in attendance at BMCT, which is a wholly-owned subsidiary of PSA Bharat ... Read More »

Yildirim Group to sell all its shares in CMA CGM

French shipping company CMA CGM has revealed that the Turkish conglomerate Yildirim Group wants to sell its 24% stake in the carrier. The Saade family, which runs CMA CGM and currently owns the remaining stake, will reportedly buy back Yildirim’s shares which were acquired in two stages for US$600m. Yildirim made a US$500m investment in the ocean carrier in 2011 ... Read More »

Maersk Line CEO: Container shipping consolidation next step after alliances

Soren Skou, CEO of Maersk Line

Consolidation between container shipping lines is required to alleviate the pressures of weak demand according to Soren Skou the CEO of Maersk Line. Skou told The Wall Street Journal: “We are getting the expected benefits from vessel-sharing agreements, but more can come from consolidation.” He added: “Maersk Line spends half a billion dollars in [information technology] every year. It is ... Read More »

Belgian-US coalition wins East Port Said dredging tender

Suez Canal Container Terminal (SCCT) has called for the dredging for years

A Belgian-US coalition has won the tender to dredge a new 9.5 km access channel in East Port Said, enabling vessels to visit the area around the clock. The winners comprise Belgium’s Dredging, Environmental and Marine Engineering NV (DEME) and US Great Lakes Dredge and Dock Company, overcoming a rival four-company coalition comprising Emirati National Marine Dredging Company (NMDC), Dutch ... Read More »

Hutchison Ports Australia and the Maritime Union of Australia extend negotiations as solution not reached

Hutchison Ports Australia (HPA) has signed a new agreement with the Maritime Union of Australia (MUA) to extend until November negotiations over the redundancies of 97 port workers made in August this year. According to the parties’ new agreement, negotiations will be extended until November 16 under the auspices of Anna Booth, deputy president of the Fair Work commission (FWC), ... Read More »

Santos Brasil extends concession of Tecon Santos terminal to 2047

Santos Brasil will invest US$315m in the expansion and modernisation of Tecon Santos terminal

Brazilian port operator Santos Brasil has announced that the country’s special port department SEP approved an early 25-year extension of its concession to operate Tecon Santos terminal, thus extending the company’s lease to 2047. The extension of the current 25-year concession, which started in 1997 and was supposed to end in 2022, comes with the government’s approval for a BRL1.2bn ... Read More »

Piraeus privatisation held back

Legal wrangles have postponed the upcoming privatisation of the Port of Piraeus in Greece by several weeks. Port unions filed a case in a specialised court this week, arguing that the sell-off of the port is unconstitutional, thus pushing the privatisation back. According to an industry source, the case is expected to last 20 days, delaying the deadline for bids ... Read More »