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Monthly Archives: November 2009

ICTSI reports lower results

Manila-based global terminal operator International Container Terminal Services, Inc. (ICTSI) – involved in the operations and development of 19 marine terminals and port projects in 13 countries worldwide has just reported a fall in revenues of 12% to US$110.5m for Q3 2009. In addition, EBITDA is down 12% to US$49.2m and net income down 5% to US$14m. Revenue from port operations decreased 15% to US$299.3m. Read More »

Twentieth signature on Rotterdam Rules

The UN Convention on Contracts for the International Carriage of Goods Wholly or Partly by Sea, known as the Rotterdam Rules, received its 20th signature from Niger just one month after it first opened for signature. Read More »

Maersk Line commits to Charleston

Maersk Line has signed a new, five-year agreement with the Port of Charleston, South Carolina State Ports Authority (SCSPA), reversing the carrier's decision announced last December to leave Charleston after its contract expired in December 2010. Read More »

Hamburg Süd ups calls at ICTSI Syrian terminal

ICTSI’s Tartous International Container Terminal jsc (TICT) in the Port of Tartous in Syria, has announced that Germany’s Hamburg Süd, has transferred most of its liner services to Tartous due to cargo congestion in Lattakia. Read More »

Major dredging project for Long Beach

The Port of Long Beach and the US Army Corps of Engineers have announced a US$40m harbour dredging project that will improve navigation by removing and relocating nearly 1.5m cubic yards of sediment from the sea floor. Read More »

Rotterdam investigates the securing of containers on board ships

On November 2, 2009 The Transport, Public Works and Water Management Inspectorate (IVW) and the Port of Rotterdam Authority launched a themed inspection programme with the aim of finding out whether or not containers on board vessels are well secured. Recently, a ship lost nine containers off the coast of Terschelling. Read More »

Former head of Nigerian ports authority jailed

The former chairman of the Nigerian Ports Authority, Chief Olabode George and five members of his previous board have been sentenced to terms in jail without any option of a fine on charges of corruption and fraud. Read More »

First Feeder Service Links Yantian with Jiuzhou, Zhuhai

The first feeder service connecting Yantian International Container Terminals (YICT) and Zhuhai International Container Terminals (Jiuzhou) has just been officially launched. According the company, the new service, an additional express feeder service for the region, links up the largest export gateway in South China and the busiest river port on the west bank of the Pearl River. Read More »