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Yearly Archives: 2009

Crisis rebate on Rotterdam harbour dues for 2010

In 2010, the Port of Rotterdam Authority will give a once-only crisis rebate of 7% on tariffs for sea and inland harbour dues. These will rise by 2% in 2010 and quay dues will equal 2009 levels. In 2011, tariffs will rise by a further 1%. Read More »

PHA increases tariff rate to offset cost increases

In the face of operating cost increases expected to total more than 8% next year, the Port of Houston Authority (PHA) has announced that it will implement tariff rate increases of approximately 3% on container cargo and 2% on general cargo. Read More »

Maersk Line reapplies for TSA membership

Maersk Line has applied for membership in the Trans-Pacific Stabilization Agreement (TSA) after a five year absence. With Maersk Line's reinstatement, the "research and discussion forum" will consists of 15 major ocean shipping lines that carry cargo between Asia and the US. Maersk said it was reacting to industry losses in the trans-Pacific trade amounting to more than US$3bn. Read More »

Terminal for lease

The US Alabama State Port Authority (ASPA) has issued a request for proposals (RFP) to lease and operate the Pinto Island Steel Terminal (Pinto Terminal). ASPA is seeking a private-sector partner who can lease and operate the US$100m terminal located in Mobile, Alabama, scheduled to be complete by the end of this year. Read More »

New owners for PD Ports

PD Ports in the UK has today confirmed that it is under new ownership, following the sale of 100% of its equity to Canadian-based Brookfield Asset Management (Brookfield. Read More »

The new reality of expectations

APM Terminals VP and CFO Christian Moller Laursen emphasised the “new reality” of the global container transportation industry at the Port Finance International London conference on November 17, and the need for terminal operators and their shipping line customers to work together to succeed in this new environment of slower growth and reduced revenue. Read More »