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Monthly Archives: October 2009

MOL renews LA lease

Mitsui O.S.K. Lines, (MOL) has announced that its wholly owned terminal operator TraPac, Inc. has signed a new 30-year lease for its Los Angeles Terminal in the Port of Los Angeles. Read More »

Konecranes to axe more jobs

Konecranes Plc and Konecranes Finance Corporation, based in Hyvinkää, Finland, are to reduce their headquarter personnel by 21 temporary and permanent employees during the last quarter of 2009, following completion of statutory negotiations concerning 189 staff, which started in September. There will be no temporary layoffs. Read More »

Transnet launches Cape Town cold store

One of South Africa’s most technologically advanced cold storage facilities has been officially launched at the Cape Town Multipurpose Terminal (MPT), adding value to fresh produce exporters throughout the Western Cape. Read More »

Port of Damietta increases Konecranes equipment order

The Port of Damietta in Egypt has added two empty container reachstackers (RST) to its original order, placed in August, for six rubber tyred gantry (RTG) cranes from Konecranes for use by the Damietta Container and Cargo Handling Company (DCHC). Read More »

Evergreen Line increases rates

Evergreen Line is to implement a further rate restoration programme of US$150 per container on its Europe and Mediterranean to Far East (including Japan and Australia) and Indian Sub-Continent Eastbound Trades, in view of the coming peak season and based on increasing cargo volumes and overbooking. Read More »

President Mubarak Visits SCCT

The President of the Arab Republic of Egypt, Hosni Mubarak, visited the Suez Canal Container Terminal (SCCT), Egypt’s largest container facility, to review the ongoing development and expansion plans. He was accompanied by Prime Minister, Dr. Ahmed Nazif. Read More »

Prysmian unveils ‘intelligent’ cable system

An ‘intelligent’ cable system that is able to “feel” and “communicate” its current condition, has been unveiled by Prysmian Cable & System to an audience of 230 people from 26 countries during the company’s 3rd special cable conference in Coburg, Germany. Read More »