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Yearly Archives: 2008

Brazil plans inter-oceanic highway

Agência Estado, the state news agency of São Paulo, reports that Peru is moving forward with plans for an ‘inter-oceanic highway’ that would provide links from Brazil’s Pacific coast to Asia via the ports of Ilo, Matarani and San Juan. Read More »

Contract extensions for Colombian ports

The Colombian national government has extended by 20 years the operating concessions it granted in 1993 to the Sociedades Portuarias (Port Corporations) of Buenaventura, Santa Marta and Barranquilla. Among other things, the decision will lead to millions of dollars of investments in these ports by 2033. The original agreements were due to end in 2013. The negotiations that led to the extensions lasted two years and were completed on May 30, 2008. Read More »

Gottwald names Wassmer as CEO

The Advisory Board of Gottwald Port Technology GmbH has expanded its executive management team with the appointment of Dr. Robert Wassmer its chief executive officer, with effect from 1 June 2008. In this function, Dr. Wassmer (44) will also be the head of the Port Technology Segment and a member of group management of the holding company Demag Cranes AG. Read More »

TICTS strengthens management team

John Meredith, group managing director of Hutchison Port Holdings (HPH), has replaced the Hon. Nazir Karamagi as Chairman of the Board of Tanzania International Container Terminal Services Ltd. (TICTS), effective May 8, 2008. TICTS, a member of the Hutchison Port Holdings (HPH) Group, operates the container terminal at the port of Dar es Salaam, Tanzania. It is Tanzania’s leading container handling facility and the country’s premier maritime gateway to Eastern, Central and Southern Africa. Read More »

RAM software smashes 1m teu target

Real Asset Management plc (RAM) has increased the volume of containers managed worldwide by its software to almost 1.4m teu, up from 500,000 teu at the start of 2007. The announcement comes following a record trading year in 2007 for the specialist software provider and significantly exceeds its original target of 1m teu by the first quarter of 2008. Read More »

Evergreen’s Chang honoured by Belgium

On May 13, 2008, Dr Chang Yung-Fa, group chairman of Taiwan-headquartered transport conglomerate Evergreen, was appointed Commandeur de l’Ordre de la Couronne (Commander of Order of the Crown) at the Palais d’Egmont in Brussels. Read More »

ICTSI reports first-quarter income up 29%

International Container Terminal Services, Inc. (ICTSI) posted revenue from port operations of P4,506m for the quarter ending March 31, 2008 and net income attributable to equity holders of P799m. Revenues for the quarter grew 45% from P3,118 million in the same period last year, while net income attributable to equity holders improved by 29%. Read More »

Bertschi opens rail terminal at Terneuzen

Bertschi AG, the European market leader in the intermodal transport of chemicals, has opened a new intermodal rail terminal at the Valuepark Terneuzen business park on the Mosselbanken, in the Netherlands. With this new rail terminal, Valuepark Terneuzen is now accessible via all four modes of transport: water, rail, road and pipeline. Read More »

PSAI and Evergreen win AFSCA accolades

PSA International Pte Ltd (PSAI) won the ‘Best Global Container Terminal Operating Company’ for the fourth consecutive year at the 22nd Asian Freight & Supply Chain Awards (AFSCA) ceremony held in Singapore in late April. In addition, PSA Singapore terminals was voted ‘Best Container Terminal – Asia (over 4m teu per year)’ for the 19th time. Read More »