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Archives for February 2007
  • Watts acquires Diprima tyre unit

    Watts Tyres Plc has reached an agreement with Diprima Marketing Services Inc of the USA to purchase Dipri ...

    Watts Tyres Plc has reached an agreement with Diprima Marketing Services Inc of the USA to purchase Diprima’s industrial tyre business. The acquisition, combined with Watts’ existing facility in Valle ...

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  • VICT announces further expansion

    Vietnam International Container Terminals (VICT) plans to upgrade its Ho Chi Minh City facilities to enab ...

    Vietnam International Container Terminals (VICT) plans to upgrade its Ho Chi Minh City facilities to enable the terminal to berth up to four container vessels at once. Additional investment will be ma ...

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  • Accord reached on DP World  deal

    The Port Authority of New York/New Jersey (PANY/NJ), DP World and AIG Global Investment Group have reache ...

    The Port Authority of New York/New Jersey (PANY/NJ), DP World and AIG Global Investment Group have reached an agreement in principle that will allow Ports America to acquire DP World’s interest in the ...

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  • Big increases in 2006 volumes

    With throughput figures finalised for 2006, many ports around the world have reported big increases in tr ...

    With throughput figures finalised for 2006, many ports around the world have reported big increases in traffic and, in many cases, record container volumes. Total cargo traffic through the Port of Got ...

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  • New owners back Montecon expansion

    A joint venture comprising Schandy and Ultramar has acquired almost 90% of the shareholding in Montecon S ...

    A joint venture comprising Schandy and Ultramar has acquired almost 90% of the shareholding in Montecon SA, it was announced in Montevideo on February 15. J.R. Williams remains as a minority sharehold ...

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  • VIT agrees long-term deal with CSAV

    Virginia International Terminals Inc (VIT), the operating company of the Virginia Port Authority (VPA), h ...

    Virginia International Terminals Inc (VIT), the operating company of the Virginia Port Authority (VPA), has signed a five-year contract with Chilean shipper Compania Sudamericana de Vapores (CSAV). Th ...

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  • Bromma spreaders for Valparaiso

    Stockholm-based Bromma Group is to deliver six new YSX40E Marathon all-electric crane spreaders to the Va ...

    Stockholm-based Bromma Group is to deliver six new YSX40E Marathon all-electric crane spreaders to the Valparaiso container terminal in Chile. The spreaders will operate on RTG cranes manufactured by ...

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  • PSAI to run Gwadar deep-sea terminal

    PSA International Pte Ltd (PSAI), through its subsidiary PSA Gwadar Ltd, has signed a 40-year concession ...

    PSA International Pte Ltd (PSAI), through its subsidiary PSA Gwadar Ltd, has signed a 40-year concession agreement with the Gwadar Port Authority to operate a container and multi-purpose terminal in t ...

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  • HPH to develop Vietnam container port

    Hutchison Port Holdings (HPH) has announced agreements with Saigon Investment Construction & Commerce Com ...

    Hutchison Port Holdings (HPH) has announced agreements with Saigon Investment Construction & Commerce Company Ltd (SICC) to jointly construct, develop and operate a new container terminal in Ba Ria Vu ...

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  • Gemini acquired by Fenway Partners

    New York-based equity firm Fenway Partners has acquired a majority interest in Gemini Traffic Sales, a US ...

    New York-based equity firm Fenway Partners has acquired a majority interest in Gemini Traffic Sales, a US-wide trucking company specialising in the transportation of time- and temperature-sensitive pr ...

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