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Monthly Archives: September 2016

SAAM buys 51% of Puerto Caldera

The port handled 238,000 teu in 2015

SAAM has gained control of two concessions at Costa Rica’s second biggest port. The Chilean company will control 51% of Sociedad Portuaria de Caldera (SPC) and f Sociedad Portuaria Granela de Caldera (SPGC). This deal will cost the company US$48.5m if it is approved by the country’s regulatory authorities. Puerto Caldera is the second biggest in Costa Rica and is ... Read More »

Competition Commision raids carriers

The South African competition commision (CC) has raided the offices of six carriers in the Western Cape and Kwazulu-Natal provinces. In a statement, the CC said it had reasonable grounds to suspect that the South African subsidiaries of Hamburg Sud, Maersk, MSC, PIL, CMA CGM Shipping Agencies South Africa and Safmarine have engaged in collusive practices. In particular, the CC ... Read More »

COSCO to develop new terminal in Khalifa

The port’s current annual capacity is 2.5m teu

COSCO Shipping’s port operating subsidiary has signed a concession agreement with Abu Dhabi Ports to develop and operate a new container terminal at Khalifa Port, located midway between Dubai and Abu Dhabi. The new Khalifa Port Container Terminal 2 will be operated by a joint venture (JV) including COSCO Shipping Ports Limited – Abu Dhabi (CSPL SPV) as the majority shareholder for ... Read More »

Navis launches latest N4 release

Operational technologies provider Navis has launched the latest version of its N4 terminal operating system (TOS). The new N4 3.2, which is now on general availability, includes features and enhancements to help terminal operators to comply with the recently implemented amendments to the International Convention for the Safety of Life at Sea (SOLAS). The new release features built-in weight verification ... Read More »

Daikin Reefer opens spare parts centre in Dubai

The new centre will be located at Jebel Ali Free Zone

Container refrigeration equipment supplier Daikin Reefer has announced the opening of the first official parts supplier centre in the Middle East. The new spare parts centre, which will have a specific focus on refrigerated container services, is located at Jebel Ali Free Zone in Dubai. The centre will be managed by the company’s long-term partner and reefer servicing operator IRS ... Read More »

Konecranes and Kito alliance to dissolve

Konecranes has announced that its strategic alliance with hoist manufacturer Kito will be dissolved allowing the latter to bid in a business the Finnish company committed to divest in relation to Terex’s MHPS acquisition. The dissolution of the alliance will enable Kito to participate in the bidding process for Stahl CraneSystems, the divestment of which is a condition to the ... Read More »

OPDR and Boluda ally on Canary Islands service

The service calls La Palma once a week

CMA CGM group’s short sea shipping specialists Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR) and Spanish shipping and logistics company Boluda Lines have agreed to start a strategic alliance on the Canary Islands service. The companies claimed in a statement the new alliance will offer the fastest transit times linking Lanzarote, Fuerteventura and La Palma to the ports of Hamburg, Rotterdam and Tilbury. Lanzarote ... Read More »

SLPA warns against too much competition in Colombo

As the tender process for Colombo’s East Container Terminal (ECT) enters its next phase, the Sri Lanka Ports Authority (SLPA) is concerned about excessive competition at the port. China Merchants operates the only current deep water terminal in the port, while an APM Terminals (APMT)-backed consortium and the port authority itself run the other facilities. At present, “the three terminals ... Read More »

Exclusive: APM Terminals CEO regrets Quetzal purchase

Fejfer has been APMT's CEO since 2004

Outgoing APM Terminals (APMT) CEO Kim Fejfer has told CM that with hindsight the operator would not have bought a container terminal in Quetzal, formerly operated by Grup TCB. The company recently agreed to pay the Guatemalan government US$43m in compensation after obtaining a concession to operate Terminal de Contenedores Quetzal (TCQ) through its acquisition of Grup TCB, which the latter allegedly won through bribery. ... Read More »