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Monthly Archives: June 2011

Transnet is making history with Navis SPARCS N4

South Africa’s Transnet Port Terminals (TPT) in South Africa has gone live with Navis SPARCS N4 terminal operating system (TOS) at its seventh terminal. The first to manage multiple sites from one location in 2009, TPT now manages all of its marine terminals from a central location providing a base for long-term benefits including improved planning, increased container volumes and productivity, and improved customer service. Read More »

IMO to act on incorrect container weights

The International Maritime Organisation (IMO) has agreed to address the issue of incorrectly declared containerised cargo shipments. Responding to a proposal from maritime representatives from Australia, Denmark and the Netherlands, the IMO added that it would undertake other measures to improve the safety of container stowage and ship operations. Read More »

ICTSI launches cash offer for Portek International

ICTSI Far East Pte. Ltd. (ICTSI Far East), an indirect wholly-owned subsidiary of International Container Terminal Services, Inc. (ICTSI), has announced a voluntary conditional cash offer for all issued and paid-up ordinary shares in Portek International Limited. Read More »

Demag rejects Terex bid

The Management and Supervisory Board of Demag Cranes AG have unanimously recommended non-acceptance of the offer of EUR 41.75 (US$60) by Terex Industrial Holding AG on May 19, 2011 as not being in the interests of Demag Cranes AG. Read More »