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Monthly Archives: December 2011

CAMCO automates MCT

A new comprehensive automated gate system that includes an in- and outbound optical character recognition (OCR) camera portal and multiple self-service kiosks has been commissioned at the Moerdijk Container Terminal (MCT) in the Netherlands by CAMCO Technologies. Read More »

SCPA suspends Jasper Terminal funding

The South Carolina Ports Authority (SCPA) Board has suspended future funding related to the Jasper Ocean Terminal, seeing it as an alternative to the current proposed project to deepen the Savannah River and insufficient to handle the larger container ships that serve the US East Coast which are expected to increase with the expansion of the Panama Canal. Read More »

Konecranes is restructuring to lower its European cost base

Konecranes has just confirmed that it is to restructure its business in a number of European countries. Planned actions include closing down unprofitable units, merging operations, personnel reductions and streamlining administration. The estimated need is to reduce personnel to approximately 100 employees and the countries liable be affected are Austria, Belgium, Denmark, Finland, France, Germany, the Netherlands, Norway, Spain, Sweden, the UK and Ukraine. Read More »

Yilport sets new records

Turkey’s Yilport container terminal in the Port of Yilpor, Izmit Bay, has set two new records by exceeding the 200,000th teu milestone in November and this month (December) handling 1,758 containers on the ‘MSC Tanzania’ at an average of 115.3 moves per hour (173,6 teu). Read More »

ABP raises £2.36bn of debt finance

The UK’s largest ports group, Associated British Ports (ABP), has successfully completed a refinancing deal, which has seen it raise £2.36bn (US$3.66bn) of debt finance, becoming the first UK port operator to gain an external credit rating and tap the bond market in the last 10 years. Read More »

Reporto extension brings Christmas cheer to Brazil’s terminals

Christmas has come early for port and terminal operators in Brazil with the news that the popular Reporto legislation – a tax regime which allows companies to import port equipment without paying import taxes of up to 60% - has been extended for another five years instead of the usual one or two. In addition, the Reporto scope has been widened to include Vessel Traffic Management Information Systems (VTMIS). Read More »

Kolding to leave Maersk Line

Eivind Kolding, who has steered Maersk Line as Chief Executive for the past five years, is to leave the company to become Chairman of the Executive Board of Danske Bank, Denmark’s largest bank and financial institution. He will take up his new post in February. Read More »

Georgia Ports Authority approves ICTF extension at Savannah

The Georgia Ports Authority board has approved a US$6.5m, 6,000 foot (1,830 m) extension of the Mason Intermodal Container Transfer Facility (ICTF) in the Port of Savannah with construction scheduled to commence January 2012. Completion will give the GPA’s Garden City container terminal a combined total of 46,921 linear feet of track at two on-site rail yards serving Class I rail carriers CSX and Norfolk Southern. Read More »