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Monthly Archives: November 2014

Expansion and acquisitions at Contship Italia terminals

Contship Italia’s La Spezia Container Terminal’s (LSCT) acquisition of Speter S.p.A, reported in CM earlier this year, is now complete, as is the integration of the organisation, systems and processes. Now the terminal, generally recognised as a specialist in the deep-sea container trades, has expanded services to include short sea trades linking Italy and North Africa, handling both containers, general ... Read More »

Three investors set to bid for Port of Melbourne

The Port of Melbourne is in the process of privatisation

Three infrastructure funds plan to bid for the Port of Melbourne, according to an anonymous source who Reuters said has knowledge of the bidding process. The sale is estimated to be set to raise A$5bn (US$4.3bn) for the State of Victoria. The likely bidders are: pension fund IFM Investors; QIC Ltd and a consortium comprising Hastings Funds Management and Wren ... Read More »

ICTSI to invest $330m into Manila and Subic Bay

Philippines-based terminal operator, International Container Terminal Services Inc. (ICTSI), announced it will spend US$330m to expand and enhance its facilities in Manila and Subic Bay. The funds will go to Manila International Container Terminal (MICT) and the new Container Terminals 1 and 2 at Subic Bay in Zambales, Philippines, where the company wants to increase capacity and attract more shipping ... Read More »

Long Beach to use vacant pier to ease port congestion

In response to recent congestion, the Port of Long Beach intends to begin operations in December at a “temporary empty container depot” planned for a vacant pier. The Long Beach Board of Harbour Commissioners approved the use of 30 acres on the Pier S site on Terminal Island for temporary storage of empty shipping containers. It is hoped that the ... Read More »

Banned ZPMC cranes shipped to Jawaharlal Nehru Port

India has banned ZPMC from supplying its cranes to the country's state-owned ports

Four banned quay cranes are being delivered to the Jawaharlal Nehru Port in Mumbai and will arrive on 29 November. The cranes were manufactured by Chinese state-owned company Shanghai Zhenhua Heavy Industries Co (ZPMC). The Indian security services have banned the company from supplying India’s state-owned ports due to its links with the Chinese government. Jawaharlal Nehru Port is owned ... Read More »

Record first nine months of the year for Hamburg

The Port of Hamburg handled 7.4m teu in the first nine months of 2014

Europe’s second busiest port, the Port of Hamburg, has posted record figures for the first nine months of the year, with container handling throughput at 7.4m teu, a 6.4% rise. Driven by trade with Asia, and more specifically China, the German port enlarged its market share of container traffic in Northern Europe from 26.1% to 26.7% over the period from ... Read More »

DP World and Qingdao Port Group sign cooperation agreement

Terminal operators DP World and Qingdao Port Group have signed a strategic framework agreement on port co-operation. The agreement builds on existing collaboration and aims to enhance dialogue between the Port of Qingdao in China and DP World’s ports in Dubai, namely Jebel Ali and Mina Rashid. Under the framework agreement the two operators, who are already joint venture partners, ... Read More »

Strikes halt operations at Belgian ports

Operations have come to a standstill at the Port of Antwerp

A 24 hour strike at ports in Belgium has brought the country’s shipping trade to a standstill, with Europe’s third largest port, the Port of Antwerp, amongst those affected. As of 11.30 GMT on 24 November, traffic had brought 50 ships at Antwerp to a halt, of which 27 were waiting to leave the port and 23 were waiting to ... Read More »

Bremerhaven and Rotterdam awarded most productive ports in Europe

The Port of Bremerhaven has been recognised as the port with the highest berth productivity in Europe in the first half of 2014, based on data compiled by the Journal of Commerce. The Port of Rotterdam came second with the Spanish ports of Barcelona and Algeciras coming joint third. This is the first time that ports from Southern Europe have ... Read More »