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Monthly Archives: March 2007

First Asia sale for VYCON

VYCON, the designer and manufacturer of high-cycling energy storage flywheel systems, has made its first sale in Asia to Incheon Container Terminal (ICT) in South Korea. ICT has purchased one of the company’s REGEN units for use in maximising fuel savings on its RTG cranes. Read More »

Paceco España celebrates new orders

Paceco España has received 11 recent orders for its Portainer cranes. In the second half of 2006, the Dragados Group placed an order for five ship-to-shore (STS) container cranes. These are to be used at its Spanish terminals at Las Palmas, Valencia and Malaga and at its Setubal terminal in Portugal. Read More »

Cristobal introduces on-dock rail links

Panama Ports Company (PPC)’s new on-dock rail facilities at the Port of Cristobal officially commenced operations on March 21, 2007. The Port of Cristobal has become the first container port on the Atlantic side of the Panama Canal to provide major shipping lines operating within Latin America and the Caribbean with on-dock rail links. Read More »

ICTSI wins Guayaquil concession

In an effort to become one of Latin America’s leading Pacific ports, Ecuador’s Port of Guayaquil has been gearing up to increase its capacity, modernise its facilities and improve its competitiveness through privatisation. Currently ranked No 11 in the Latin America and Caribbean region, the port is Ecuador’s most important, handling 70% of the country’s total cargo and 93% of its container volumes. Read More »

Launch no 8 for Evergreen S-series

Ever Summit, the eighth in a series of ten 7,024 teu S-class vessels being built for Evergreen in Japan, was launched on March 2, 2007 at Mitsubishi Heavy Industries’ shipyard in Kobe. Read More »

Throughput at Duisburg up over 10%

Cargo throughput at the ports of the Duisport Group climbed to 49.7m tonnes in 2006, 4.7m tonnes more than in 2005, to post a growth rate of over 10%. Traffic carried by rail and by barge expanded twice as fast as the German average. Read More »

Portroe to implement Tideworks solutions

Portroe Stevedores Ltd, a leading Irish operator, has chosen Tideworks Technology’s container terminal software suite to manage its terminal in Dublin. The project expands the Seattle-based software developer’s presence in northern Europe. Read More »

London AIM listing for VYCON

VYCON, the innovative developer of green-tech flywheel systems for the RTG crane, has today (March 22) made a public offering on the Alternative Investment Market (AIM) of the London Stock Exchange. The move will allow the company to raise funds to continue the development of its emission and fuel reduction technology. Read More »

RREEF acquires Maher Terminals

RREEF Infrastructure, a part of Deutsche Bank’s Asset Management division, has agreed to purchase Maher Terminals, a privately-held operator of terminal facilities in Port Elizabeth (NJ) and Canada’s Port of Prince Rupert. Read More »