Thursday , 17 January 2019
Latest News


Volumes up 5% at Port of Sines

Sines Container Terminal – Terminal XXI – handled 1.75m teu last year, representing a 5% growth in container volumes at the port. The throughput constituted a total of 22m tonnes, giving the terminal a 46% share of the port’s total volmes across all cargo types. As a whole, the Port of Sines handled 47.9m tonnes, corresponding to an homologous decrease ... Read More »

PSA records strong volume growth in Singapore and beyond

PSA Singapore handled 36.31m teu last year

PSA International handled 81m teu at its port projects around the world in 2018, with its flagship Singapore facility and its global terminals contributing to overall volume growth of 9.1%. PSA Singapore handled 36.31m teu, representing growth of 8.9%, while PSA’s facilities outside Singapore handled 44.69m teu, an increase of 9.3%. Tan Chong Meng, Group CEO of PSA, said: “2018 ... Read More »

Exolgan orders four hybrid RTGs from Kalmar

Exolgan has ordered four rubber-tyred gantry (RTG) cranes with hybrid drivelines for its container terminal in Buenos Aires. The order, which also includes the supply of a spare parts package for the machines, was booked in Cargotec’s 2018 Q4 order intake with delivery scheduled to take place in late 2019. The equipment forms part of Exolgan’s fleet expansion programme, boosting ... Read More »

ABP invests £250m to prepare for a No-Deal Brexit

Associated British Ports (ABP) has invested a total of £250m (US$321.3m) since the EU referendum in 2016 with the aim to “keep Britain trading through Brexit”. The UK port operator has claimed that it has been actively working to support businesses anxious about the event of a No-Deal Brexit and the potential severe disruption this may cause at the Port ... Read More »

ICTSI’s MICT receives Philippines’ first eco-friendly RTGs

Four hybrid RTGs were delivered to MICT

International Container Terminal Services, Inc. (ICTSI)’s Manila International Container Terminal (MICT) has received the Philippines’ first hybrid rubber-tired gantries (RTGs), as part of a long-term investment in capacity enhancement and environmental efficiency. Four out of 16 hybrid RTGs have been delivered, each equipped with a 200kVA Li-ion battery and a smaller diesel engine that aims to improve the carbon footprint ... Read More »

South Carolina Ports welcomes agriculture export transload facility

C&M Hog Farm’s transload facility has opened, handling soybeans and other local products bound for overseas markets via Inland Port Dillon, part of South Carolina Ports Authority (SCPA). Jim Newsome, SCPA president and CEO, said: “The expansion of C&M is exciting news that reflects the benefits of Inland Port Dillon for farming and agricultural business across the Carolinas.” Demand for ... Read More »

DP World acquires Chile’s Puerto Central and Puerto Lirquen

Group chairman and CEO of DP World, Sultan Ahmed bin Sulayem

DP World has agreed to acquire a 71.3% stake in Puertos y Logistica (Pulogsa), the company which operates a long-term concession for Puerto Central (PCE) and which owns and operates Puerto Lirquen (PLQ) in Chile. The transaction will be affected via a tender offer to acquire all outstanding shares of the business – the terminal operator will offer US$502m for ... Read More »

Competition Commission investigates Hong Kong Seaport Alliance

The alliance covers 23 berths at the Port of Hong Kong

The Hong Kong Competition Commission has launched an open investigation into the newly formed Hong Kong Seaport Alliance – a joint operating agreement between four terminals at the port. The members of the alliance include Hongkong International Terminals Limited (HIT), Modern Terminals Limited, COSCO-HIT Terminals (Hong Kong) Limited, and Asia Container Terminals Limited (ACT). The agreement is designed to deliver ... Read More »

2M and Zim extend strategic cooperation

The 2M Alliance and Zim have agreed to extend their strategic cooperation to cover select 2M services also on the Asia – US West Coast and Asia – Mediterranean trade lanes. Between Asia and the US West Coast, the TP9 service will be operated as a vessel sharing agreement (VSA) string where Zim will operate four vessels and 2M will ... Read More »

Konecranes wins repeat crane order with Turkey’s newest port

Turkey’s most recent port, run by Atakaş Liman İşletmeciliĝi Ve Tic. A.Ş. (Atakaş Port Business), has purchased its third Konecranes Gottwald crane within the past year. The Gottwald Model 7 portal harbour crane (PHC) was ordered in the third quarter of 2018 and will start operations mid-2019, initially mainly handling bulk and later serving large container vessels. Previously, the port ... Read More »