Sunday , 22 July 2018
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Author Archives: Joe Lo

Scania and Westerman to build Dutch logistics centre

Truck manufacturer Scania and Westerman Logistics have announced that they will build a logistics centre in Hasselt, in the Netherlands which will be operational around next summer. The centre will specialise in ‘knocked down packages’, packages containing the parts that make up Scania trucks, which will be exported in containers and assembled in the country of export. The reason for ... Read More »

Panama’s Balboa Port set for US$110m expansion

The investment will boost capacity by 11%

The Panama Ports Company (PPC), part of Hong-Kong based conglomerate Hutchison Whampoa, will invest around US$110m in 2015 to expand Panama’s Balboa Port. The company’s chief executive Aitor Ibarreche made the announcement to Reuters on Friday. The investment will boost capacity by 11% up to 5m teu by adding loading and unloading space. The Pacific port’s crane zone will be ... Read More »

EXCLUSIVE INTERVIEW – FMC: ‘Why I did not approve 2M’

Although the Federal Maritime Commission approved 2M, one of its commissioners, Richard Lidinksy, was displeased

The 2M alliance between the world’s two largest shipping lines, Maersk and Mediterranean Shipping Company (MSC), was approved by the Federal Maritime Commission (FMC) last week. Of the FMC’s five commissioners, four voted to approve the alliance immediately whereas one, Richard Lidinksy, voted to have another 45 days to consider the proposal, which he has serious concerns about. Speaking exclusively ... Read More »

Oslo chooses Yilport as its terminal operator

Oslo handled 200,000 teu last year

The Port of Oslo signed a deal yesterday (Wednesday 15th) to lease both its container terminals to Turkish terminal operator Yilport Holding for twenty years, with the option of a 10-year extension. Port director Anne-Sigrid Hamran, who believes Yilport is the best choice to develop and operate the container terminal, said: “Yilport Holding was chosen because they share our goal ... Read More »

Puerto Rico seeks operator for Port of the Americas

The port has seen over US$285m of investment

The Puerto Rican government has announced that it is looking for a large, international port operator to work with on the development of the Port of the Americas. The Port of the Americas is located in Ponce, Puerto Rico’s second-biggest city on the South Coast of the island, and has a site of over 300 acres and a capacity of ... Read More »

Konecranes to deliver 5 RTGs to TCQ in Guatemala

Terminal de Contenedores Quetzal S.A. (TCQ) in Guatemala, owned by Spanish container terminal operator, Grup TCB, has ordered five rubber tyred gantry (RTG) cranes from Konecranes. The 16-wheel RTGs, which have a lifting capacity of 40 tonnes and can stack one-over-five containers high, and seven plus truck lane wide, will be delivered in autumn 2015. Konecranes’ sales director, Europe, Kim ... Read More »

Court go-ahead for new Costa Rican terminal

An artist's impression of Moin Container Terminal

Costa Rica’s Supreme Court has rejected a trade union appeal against the awarding of the 33 year concession contract of Moin Container Terminal to APM Terminals. Construction of the terminal was supposed to start on Costa Rica’s East Coast in 2013 but environmental concerns and legal challenges have delayed the process. The terminal will be able to handle vessels of ... Read More »

Paranagua set for US$453m expansion and concession extension

Brazilian container terminal operator Terminal de Contêineres de Paranaguá (TCP) looks very likely to invest 1.1bn reais (US$453m) and have its concession extended by 25 years. Agreement has been reached with national waterways regulator Antaq for a joint package of investment plans and concession extension until 2048. The decision must now be finalised by the ports department, a decision about ... Read More »

Hawaii to build US$266m container terminal

The state of Hawaii is planning to build a new US$266m container terminal at the Port of Honolulu. The New Kapalama Container Terminal, scheduled to be completed by 2016, will cover 94 acres, have two berths for container vessels and boost Honolulu’s current capacity by one-third. Officials have been discussing the potential for a new container facility for 25 years, ... Read More »

China pledges investment to create ‘maritime silk road’

Li Jianhong talks to Chinese and Sri Lankan dignitaries

China will make a multi-billion dollar investment in several port related projects in Sri Lanka, including a new US$601m container terminal in Hambantota Port and the US$1.4bn development of Colombo as a “Port City”. China Merchants Holdings (International) (CMHI) and China Harbour Engineering Company will fund part of the development of Hambantota Port; the new terminal will have four container ... Read More »