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Monthly Archives: August 2012

Container equipment fleet oversupply catches out buyers

Drewry Maritime Research has released the latest edition of the annual Container Census report detailing the world’s container equipment fleet which grew by 8.5% during 2011, taking the global fleet to 31.25m teu, compared to a 7% growth in 2010. This was better than expected as demand for newbuilds suffered a knock from the second quarter of 2011 onwards, with production significantly curtailed from that point. Read More »

EU support for large projects

The EU has granted a total of Euro16.24m (US$20.17m) in subsidies to Flanders (Belgium) for five water-related projects as part of the Trans-European Network of Transport (TEN-T), some of which are of particular importance to the Port of Antwerp. Read More »

Panama government approves Canal toll increase

Following the recommendation from the Board of Directors of the Panama Canal Authority (ACP), the Cabinet Council of the Government of the Republic of Panama has approved the proposal to restructure the Panama Canal’s pricing system despite massive protests from the global maritime industry. Read More »

Costa Rican Courts confirm APM concession

The Costa Rican courts have ruled in favour of APM Terminals in two lawsuits, brought against the company and the government, which were intended to block the awarded concession for the new Moin Container Terminal (TCM). Read More »

Carrier Transicold’s PrimeLINE® the first in recyclability

Carrier Transicold’s PrimeLINE® unit has achieved a new distinction in sustainability, becoming the first container refrigeration system with a UL Environment validation for recyclability. As validated by UL Environment using its Environmental Claims Validation Procedure 2789, the PrimeLINE unit is 93% recyclable. Read More »

Boskalis wins €175m Mumbai deepening contract

Dutch dredging company Royal Boskalis Westminster (Boskalis) has been awarded a €175m (US$ 214m) contract by Jawaharlal Nehru Port Trust (JNPT) to deepen and widen the port and access channel of JNPT in Mumbai, India. Work will commence next month (September) and is expected to take two years to complete. Read More »