Sunday , 16 December 2018
Latest News

Monthly Archives: March 2018

Rising volumes boost revenue at HHLA

Revenue at Hamburger Hafen und Logistik AG (HHLA) rose by 6.3% to €1.25bn (US$1.54bn) due to increased container throughput and container transport and successful management of the property portfolio. Volumes rose by 8.1% to 7.2m teu last year at the largest terminal in the Port of Hamburg. Operating profit (EBIT) increased by 5.6%, despite one-off expenses for an organisational restructuring ... Read More »

Natural disasters play havoc for marine insurers in 2017

Flooding in Texas caused by Hurricane Harvey

The property and casualty (P&C) insurance sector recorded the worst natural catastrophe losses in history in 2017 which has subsequently increased the pressure on marine insurers to improve results. Damage caused by the hurricanes Harvey, Irma, Nate and Maria, the earthquake in Mexico, monsoons in Bangladesh, storms in Durban and wildfires in California all contributed to the heavy losses. While ... Read More »

Kalmar launches new range of shuttle and straddle carriers

Kalmar has launched the latest generation of its shuttle and straddle carriers featuring new mobile drives and a redesigned electrical system for the upper frame and spreader. The machines also have a more spacious electric cabinet layout as well as LED working lights as standard. Shuttle and straddle units made by the Finnish manufacturer now share common electrical components and ... Read More »

HHLA acquires Estonian port operator

The Port of Muuga

Hamburg Hafen und Logistik (HHLA) has acquired an Estonian port operator and subsequently become the leading container handler at the country’s main port. The German operator acquired Transiidikeskuse after the two signed a contract on March 26, and the Estonian company now function as a subsidiary of HHLA. Angela Titzrath, chairwoman of HHLA’s executive board, said: “Estonia is one of the fastest-growing economies ... Read More »

DP World to build facility in Democratic Republic of the Congo

Terminal operator DP World will build a deep-water, multi-purpose port in the Democratic Republic of the Congo (DRC) after winning a 30-year concession. The concession, which can be extended by a further 20 years, is to manage and develop a greenfield site in Banana with a capacity of 350,000 teu and 1.5m tonnes of general cargo after the first phase ... Read More »

Puerto Coronel to invest US$30m in new cranes

Chile’s Puerto Coronel will add two new container gantry cranes in 2019, aiming to go from moving 85 to 120 containers per hour. The US$30m will cover the cost of the ZPMC cranes, which will be able to serve super post-Panamax ships, as well as the construction of associated infrastructure. The cranes have a range of 65 m, equivalent to 23 rows ... Read More »

Philadelphia receives twin super post-Panamax cranes

The cranes at the Packer Avenue Marine Terminal.  Credit: iskyimages

The Port of Philadelphia (PhilaPort) has received its first two super post-Panamax cranes at the Packer Avenue Marine Terminal. The new units, manufactured by ZPMC, are 13 m taller than the neighboring Walt Whitman Bridge with their boom in the upwards position. PhilaPort, along with Packer Avenue Marine Terminal’s operator – Astro Holdings, Inc. (a Holt Logistics affiliate) – have purchased the cranes as ... Read More »

Dutch logistics operator orders Kalmar terminal tractors

St. van den Brink BV has ordered four Kalmar T2 terminal tractors as it looks to shunt trailers along a 2 km route between the Ahold distribution centre and the Kuehne + Nagel distribution centre in Zaandam. The order was booked in Cargotec’s Q1 2018 order intake with delivery scheduled to take place in the early part of Q3 2018. ... Read More »

Port of Rotterdam invests in railway expansion

An artist's impression of the route

The Port of Rotterdam Authority has awarded consortium SaVe the contract to construct the substructure for the Theemsweg route, hoping tp improve the railway connection between the western port area and the hinterland. The re-routing of part of the port railway line will result in the increased freight train traffic no longer being hindered by shipping traffic, it noted. The ... Read More »