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Yearly Archives: 2008

Panama Canal’s latest performance statistics

The Panama Canal Authority (ACP) has released its operational metrics from October to December 2007. These show that Canal Waters Time (CWT) - the average time it takes a vessel to transit the Canal (including waiting time for passage), significantly decreased. There also were slight declines in net tonnage, total transits and transits of super vessels - those with a beam of 91 feet (27.7 m) or more. Read More »

More Konecranes RTGs for St. Petersburg

Konecranes has just signed a contract to supply four RTGs to the OJSC Petrolesport terminal in St. Petersburg, Russia with delivery scheduled between the end of 2008 and the beginning of 2009. The parties have agreed not to disclose the value of the orders. Read More »

Contented Kaohsiung

The 10,256,829 teu handled through the Port of Kaohsiung during 2007 represents a 4.93% (482,159 teu) increase over 2006. In addition, the throughput broke through the 10m teu barrier for the first time and exceeded the government’s goal of 10.2m teu for the port. Furthermore, the 915,300 teu handled in December 2007, a 7.15% (61,100 teu) increase on the previous year, set a new all-time monthly record. Read More »

HPH invests in the Port of Brisbane

Hutchison Port Holdings (HPH) has signed an agreement to lease two new container berths (Berths 11 and 12) from Australia’s Port of Brisbane Corporation (PBC). Brisbane Container Terminals (BCT), a wholly-owned subsidiary of HPH, has been established to operate the new container-handling facility. The investment in the new terminal, which will be leased for a period of 42 years, will exceed A$200m (US£178m). Read More »

Tacoma’s flat 2007

After several years of record cargo performance, Port of Tacoma cargo volumes flattened in 2007 due, in part, the port says, "to a softening U.S. economy, a weakening national housing market and the rising cost of inland transportation." Read More »

Los Angeles retains its lead

Despite volumes falling in 2007 by 1.4% compared with the previous year mainly due to a steep decline in empty container traffic, the Port of Los Angeles remained the nation's top container handler, with a throughput of 8.4m teu. Read More »

PSA International expands into Argentina

PSA International and International Port Holdings (IPH) a wholly-owned subsidiary of Global Infrastructure Partners GIP) and the Roman Group, announced today that they have formed a joint venture to further develop International Trade Logistics ITL), a privately-owned business comprising Argentina’s second-largest container terminal and complementary logistics and warehousing businesses. Read More »