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Monthly Archives: December 2014

Europe-wide tender for OTB Bremerhaven operator

Germany’s Port of Bremen is conducting a Europe-wide tender procedure to find an operator for the Offshore Terminal Bremerhaven (OTB). The Federal Land of Bremen has initiated the tender procedure to find an operator for the new terminal. A Europe-wide competitive tender has to be conducted before the contract can be awarded to the operator. The contract will take the ... Read More »

Additional Terex E-RTGs bound for Ningbo

The new units will be commissioned next year

Terex Port Solutions (TPS) will supply ten of electric rubber-tyred gantry cranes to Ningbo Port Co. Ltd. (Ningbo) in China. The cranes will be delivered in two batches to Ningbo’s Yuandong Terminal in the Port of Ningbo, situated some 100 km south of Shanghai. The first six units will be commissioned in June 2015, the remaining four in October 2015. The new ... Read More »

Merger and acquisition activity on the rise

Mergers and takeovers are increasing in the container shipping arena, according to industry consultant, Drewry. The company reports that following a turbulent few years that included a close shave with bankruptcy, a revolving cast of CEO’s and an anti-trust investigation, US Jones Act carrier Horizon Lines has called it a day and is selling up. Subject to regulatory and shareholder ... Read More »

US$460m from IMF for Honduras infrastructure projects

The Honduras government has said that having reached an agreement with the International Monetary Fund (IMF), the US$460m funds it will receive will be spent “largely on the country’s infrastructure” projects. These will include upgrading Puerto Cortés, the construction of the Amapala port and completing the280 km ‘Dry Canal’ connecting Amapala island in the Pacific with Puerto Castilla, a container port ... Read More »

Vladivostok to be Russia’s first ‘free port’

Vladivostok to be first Russian port with ‘free port’ status

In a move to help boost its ailing economy in the far east of the country, Russia’s President Putin announced in his ‘state of the nation’ address that the Port of Vladivostok would be become a ‘free port’ by July 2015 – the first port in the country to be given that status. Designed to boost trade and bolster the ... Read More »

Alabama awards US$20m intermodal rail yard contract

The US$20m contract has been awarded to R T Milord of Illinois

A US$20m contract for the design and construction of the Garrows Bend Intermodal Container Terminal, a new 20 acre intermodal facility on the city’s waterfront, has been awarded to Illinois-based family-owned construction company R T Milord by the Alabama State Port Authority. The rail facility will enable the Port of Mobile to move containerised goods between rail and ship at ... Read More »

No floatation yet for Hapag-Lloyd and CSAV

After receiving the remaining regulatory approvals this week that cleared the way for its merger with Chile’s Compania SudAmericana de Vapores (CSAV), Germany’s shipping group Hapag-Lloyd has told Reuters that it is in no rush to list its share on the stock exchange. According to Hapag-Lloyd’s chief executive, Rolf Habben Jansen, a stock market flotation is currently not a “top ... Read More »

Debate rages over European environmental regulations …

The shipping industry wants ECAs to be enforced

The British Rail Maritime and Transport (RMT) union has criticised shipping companies over their reactions to sulphur emissions limits that come into force in January. The limits will be in place on both coasts of the USA and Canada as well as in the Baltic Sea, the North Sea and the English Channel, which the RMT are specifically concerned about. ... Read More »

Is the US Marine Highway Programme really necessary?

Conducted in cooperation with the US Department of Transportation, Federal Highway Administration, Asaf Ashar, Professor Research, and James R. Amdal, Senior Research Associate, University of New Orleans’ Transportation Institute have published an in-depth and thought-provoking study that assesses “exempt coastal shipping” defined by them as exempted from the US-built stipulation of the Jones Act, operating with functional crews and exempted ... Read More »