Thursday , 19 September 2019
Latest News

Monthly Archives: June 2011

Houston negotiates agreements with two Mexican ports

The Houston Port Commission has approved separate memoranda of friendship and trade cooperation between the Port of Houston Authority and two ports in Mexico - Progreso and Dos Bocas. In each case, the signatory ports agree to "conduct programs and activities to bring about understanding and a closer relationship with each other, as well as the promotion of increased trade between their two countries." No dates have been set for the signing ceremonies. Read More »

Los Angeles adopts a US$976.6m budget

The Los Angeles budget of approximately US$976.6 for 2011 equates to a 7.4% or $67m increase from the current budget and reflects a year of double-digit growth in container volumes. Read More »

Sanctions have had no impact on Iran’s ports

Despite the sanctions imposed by a number of western countries, Iranian ports handled 97m tons of non-oil cargo in 2010, an increase of 12% year-on-year. Container throughput increased by 11% to just over 3m teu. And the private sector invested around US$57m in the ports sector. Read More »

Sweden’s Gavle goes Hogia

Gävle Stevedoring Company (GSSC) in Sweden’s Port of Gävle expects to get more business and develop into an efficient logistics hub for the region by investing in an IT solution from Hogia Terminal Systems. Read More »

Maersk chooses Malta

Malta Freeport has announced that Maersk Line will relocate its central Mediterranean hub to Malta from Gioia Tauro in southern Italy and operate regular and scheduled services to its Port in early July 2011. Read More »

KION has its eyes on an IPO

KION Group says it is paying down its debt and is getting ready for a medium-term flotation. The world’s second-largest forklift manufacturer plans to overtake Toyota Industries Corp as the market leader by 2015, but is yet to set a date for an initial public offering. Read More »