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Monthly Archives: January 2014

Hapag-Lloyd and CSAV sign MoU

Talks about combining the container liner shipping activities of CSAV with Hapag-Lloyd are entering the next phase. The companies have signed a non-binding Memorandum of Understanding (MoU) and due diligence will now take place, after which a binding contract could follow. Read More »

Zim on a stronger financial footing

Zim intends to continue as a Top 20 carrier after it emerges from restructuring in a new deal with debtors that will allow the Israeli firm to focus on rebuilding its core liner services. According to a report in Alphaliner, Zim will reveal details of its debt deal this week, with debt holders expected to write off some NIS 5.25bn (US$1.5bn) of Zim’s outstanding debt in exchange for equity in the carrier. Read More »

London Thamesport welcomes A2B Moerdijk Service

London Thamesport has welcomed the announcement of a new short sea container shipping service by A2B-online, the Dutch-based niche carrier specialising in full load, part load and pallet consignments to and from the UK, Benelux and Germany. Read More »

A Turkish first for Terex

Electricity  is fed to the Terex E-RTGs along busbars

Terex Port Solutions (TPS) has received an order from Asyaport on the Sea of Marmara, about 150 km west of Istanbul in Turkey, for 24 Terex E-RTG rubber-tyred gantry cranes. Currently being designed and manufactured at the TPS facility in Xiamen, China E-RTGs are powered with electricity from the terminal’s electricity supply, which is in this case, is fed along busbars. Read More »

Le Havre goes live with Navis N4

Le Havre currently handles 1.2m teu annually between two terminals

The Port of Le Havre’s Terminal North has become the first facility in France to ‘go-live’ with a Navis N4 terminal operating system (TOS) to optimise operations providing the terminal with the ability to optimise operational performance and improve productivity. Read More »

Japan funds Solomon Island port improvements

The Japan International Cooperation Agency (JICA) is funding the Solomon Islands Honiara International sea-port improvement project to the tune of US$25m, according to local media reports, following the signing of an agreement on Friday January 17, 2014 that will allow the detailed design of the project to proceed. Read More »

Fitch warns Panama Canal delay could hurt US ports

With the approach of Monday’s deadline for a resolution to the dispute between the Panama Canal Authority (ACP) and the consortium undertaking the canal expansion work, Fitch Ratings warned that a significant delay in the construction project could postpone increases to throughput and related revenues for the US ports of Houston, Miami, New York, Savannah, Charleston and others on the Gulf of Mexico and Atlantic. Read More »