Wednesday , 20 March 2019
Latest News

Monthly Archives: May 2011

CSAV post US$186m Q1 loss

CSAV’s net loss of US$186m for the January-March period is expected to be the worst amongst all liner operators reporting their first quarter results. The Chilean carrier sank to its second consecutive quarterly loss following the return to profitability in the second quarter of 2010. The weak trading environment could result in a return to the disastrous performance of 2009 when the company recorded a net loss of US$656m. Read More »

APM Terminals signs 30-year Callao terminal concession

The new 30-year concession contract for the development and operation of Terminal Muelle Norte at the Port of Callao was signed Tgursday May 12, 2011 by Peruvian President Alan Garcia and representatives of APM Terminals and local partner Central Portuária S.A.C. in the Presidential Palace in Peru’s Capital City of Lima. Read More »

Another milestone for Cape Town

South Africa’s state-owned Transnet has celebrated a significant milestone in its R5.6 billion (US$811m) expansion of the Cape Town container terminal. On completion, the five-year project will double the terminal’s annual capacity to 1. 4m teu. Read More »

Success continues to smile on Svetruck

Based in Ljungby, Sweden, Svetruck’s global sales continue to break records. Just recently, for example, the company sold two of its 32 tonne heavy lift trucks to an un-named steel mill in North Italy with an annual production of 1.2m tonnes. The first machine was delivered at the end of February and the second at the end of April. Read More »

Visy releases a new Quay Gate Operating System (Q-GOS)

Finland’s Visy Oy has designed and released a new Quay Gate operating System (Q-GOS) that integrates technologies traditionally used in rail and road gate operating systems and port access control systems. This mean that effectively the quay is managed in a similar way to rail and road entry and exit points, increasing the efficiency of quayside operations. The Q-GOS can operate as an independent database system or as a data collection tool for 3rd party systems. Read More »

Los Angeles reduces diesel exhaust while cargo volumes increase

New data from four air quality monitoring stations in and around the Port of Los Angeles show concentrations of elemental carbon in the port area air fell in 2010 for the fourth straight year. Elemental carbon is used as an indicator of diesel particulate matter, or DPM, which is the soot produced by the combustion of diesel fuel. DPM has been designated a toxic air contaminant and known carcinogen by State of California health officials. Read More »