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Monthly Archives: September 2014

ICTSI targets Africa

Philippine-based terminal operator International Container Terminal Services Inc. (ICTSI) is set to continue its strategy of targeting emerging markets by turning to Africa. Fernando Gaspar, ICTSI senior vice president, told The Philippine Daily Inquirer: “The place where we are making a very big push is Africa. Africa is coming up right now. We want to do in Africa over the ... Read More »

TIGER funding boost for US ports

The Port of Seattle will benefit from Government help

Several US ports have secured a share of US$600m funding from the US Department of Transport’s (DoT) Transportation Investment Generating Economic Recovery (TIGER) program, which awards federal grants for critical transportation needs around the nation. Awards for 72 projects were granted, with seven classified by the DoT as “maritime”, totalling US$74m, while five freight rail projects accumulated $55m. The Port ... Read More »

PMT Virginia reopens after 3 years

PMT has been closed to cargo operations for almost three years

Today, (Monday 15th) the Port of Virginia’s Portsmouth Marine Terminal (PMT) opens to cargo operations after an almost three year closure, with the arrival of trucks carrying export containers. The first vessel will call in early October and the 30-acre operation, expects to have handle between 75,000 and 100,000 containers annually. PMT, owned by the Virginia Port Authority (VPA), has ... Read More »

EU conditionally approves Hapag-Lloyd and CSAV’s merger

The European Union (EU) has approved the merger between Hapag-Lloyd and Compania SudAmericana de Vapores (CSAV). The approval is conditional on CSAV withdrawing from two consortia on the trade between northern Europe, the Caribbean and South America’s West Coast as the European Commission said the merged company would face insufficient competition on these routes. EU Competition Commissioner Joaquin Almunia said: ... Read More »

First set of giant ships “LNG ready”

Ship classification society DNV GL has presented Hyundai Heavy Industries (HHI) and United Arab Shipping Company (UASC) with an approval in principle (AIP), which recognises the feasibility of the clean Liquefied Natural Gas (LNG) fuel system design for the line’s new series of container ships. The series of 11 14,500 teu vessels and six 18,800 teu vessels are being built ... Read More »

Battery-powered vessel could offer short sea shipping solutions

The vessel has a range of 100 nautical miles

Researchers at classification society DNV GL have developed a new battery-operated shipping vessel that may offer an optimal safe green solution to the growing need for transport capacity. The ship, which is still being tested, runs on a 3000 kWh battery instead of diesel fuel, reducing operating costs by minimizing the number of high maintenance parts such as rotational components. ... Read More »

Top Bromma management relocates to Singapore

Per-Anders Holmström

In a strategic move to strengthen its position in the important Asian market, which is currently growing at a faster rate than other global markets, Bromma’s president, Per-Anders Holmström, and the company’s financial director, Christopher Thiele, have relocated to the company’s Asian head office in Singapore. The company is also planning to move the centre of its commercial activities to ... Read More »

Kalmar kick-starts Puerto Central expansion …

Kalmar is to deliver seven E-One2 rubber-tyred gantry cranes (RTGs) to Puerto Central (PCE) in San Antonio, Chile as part of a US$14m RTG project.  The order includes the cranes, spare parts, training for operators and technicians, as well as civil works and other auxiliary equipment required to automate certain RTG processes. To be delivered fully assembled and with a start-up ... Read More »

“K” Line orders five ULCVs

The new vessels will join five identical sister ships

Japanese shipping company “K” Line has ordered five new generation eco-friendly ultra large container vessels (ULCVs) as replacements in its existing container fleet. These new 14,000 teu vessels will be built by Imabaring Shipbuilding Company and are scheduled to be delivered in 2018. They will join another five identical sister ships that will go into service between spring and summer ... Read More »