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Monthly Archives: April 2016

Long Beach records steep fall in container volumes

The Port of Long Beach is undertaking a US$4bn programme to modernise its facilities

The Port of Long Beach has announced that its container handling volumes dropped by 26% year-on-year in March 2016. The port handled 464,855 teu in March this year, compared to 630,084 teu in the same period last year, when the port recorded a 32% increase in volumes due to the exceptional recovery from cargo backlogs following previous labour disputes. According ... Read More »

TCP’s concession extended as investment plan approved

Brazil’s second largest container terminal, Terminal de Contêineres de Paranaguá (TCP), has had its concession renewed early by 25 years after the Brazilian government approved its R$1.1bn (US$310m) investment plan. The Secretaria de Portos (SEP) granted the contract renewal, beginning in 2023, within the terms of the new regulatory frame of the port sector. During the first phase of the ... Read More »

Bolloré offices raided over African port deals

The Bollore Tower in Paris was raided by authorities

French investigators searched the headquarters of the Bolloré Group on April 8, 2016 to examine how the company won concessions at several African ports. Prosecutors are looking into whether there is a relationship between Bolloré and Francis Perez, the president of the Pefaco Group, which runs casinos and hotels in Africa and who has been under investigation by the French ... Read More »

Terex acquires CVS Ferrari’s terminal tractors

One  of the last CVS Ferrari terminal tractors

Terex Port Solutions (TPS) has acquired the assets of CVS Ferrari’s terminal tractor product line, which has been part of Manitex International since 2010. The existing range of terminal tractor models will be further developed and marketed under the Terex brand while CVS will fulfill current supply contracts with its existing customers. The machines will be manufactured at the Terex ... Read More »

DP World Southampton gears up for SOLAS implementation

DP World Southampton (DPWS) has ordered a container weight system (CWS) from measurement systems’ provider Strainstall to prepare for the enforcement of container weighing requirements in July 2016. With the order, DPWS becomes one of the first operators to launch a container weight verification system to comply with the new Safety of Life at Sea Convention (SOLAS) regulation, which requires a ... Read More »

New Jaxport rail terminal receives first trains

The first trains at Jaxport's new facility

The first trains have arrived at Jaxport’s newly completed Intermodal Container Transfer Facility (ICTF) in advance of its official opening to commercial container movements later this year. In the meantime the terminal at Dames Point is being used for military training exercises in partnership with multiple US Army units. These exercises are aimed at expediting the movement of ocean-going military ... Read More »

COSCO interest in Greece’s railways

Greece has received initial interest from Italy’s state railways and expects it from China COSCO for the planned privatisation of its railway operator Trainose, press agency Reuters has reported. The chairman of Greece’s state privatisation agency reportedly said in an interview that the country already received initial interest from Ferrovie dello Stato SpA (FS) and expects COSCO, Russian railways (RZD) ... Read More »

APMT’s terminal in Moín is 27% complete

The construction of APM Terminals (APMT)’s new container facilities in the Caribbean port of Moín, Costa Rica, is 27% completed with the first berth scheduled to become operational in September 2017, the Costa Rican government has announced. The news followed a visit by the country’s President Luis Guillermo Solís and some of his ministers to the artificial island being built to ... Read More »

Walvis Bay expansion bid advisor linked to Panama Papers

Ken Emrith’s company received US$1m

The Panama Papers leaks have shed some light on the dealings behind a bid for the Walvis Bay port expansion project in Namibia, according to The International Consortium of Investigative Journalists (ICIJ). A shell company linked to a bribery scandal in Brazil paid another, owned by a Trinidadian politician, as part of a bid to win the US$340m tender contract ... Read More »