Tuesday , 19 November 2019
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Six new Kalmar Eco reachstackers for Turkish equipment rental company

A Kalmar Eco reachstacker

Kalmar has won an order of six Kalmar Eco reachstackers from leading Turkish equipment rental company Maktas Makinali Tasima (Maktas). Established in 1979, Maktas offers rental and sales of both new and used forklifts and other related lifting equipment as well as spare parts and maintenance services. Delivery of the equipment is scheduled to be staggered through the first quarter ... Read More »

MSC appoints Søren Toft as CEO

Toft will relocate to Geneva

MSC has announced the appointment of Søren Toft as CEO, just days after he stepped down as Maersk Line’s chief operating officer. With Toft to head the company’s container shipping and logistics arm, previous CEO Diego Aponte will become group president while his father Gianluigi Aponte, founder of MSC, is group chairman. The shipping line noted in a statement: “As ... Read More »

Maersk focuses on profitability as revenue slips

Søren Skou, CEO of A.P. Moller – Maersk

Maersk delivered improved profitability across its businesses in the third quarter of 2019, outweighing a 0.9% drop in revenue to US$10.1bn. Earnings before interest, tax, depreciation and amortization (EBITDA) improved 14% to US$1.7bn in the quarter, reflecting an increase in EBITDA margin to 16.5%. Søren Skou, CEO of A.P. Moller – Maersk, said: “While the global container demand, as expected, ... Read More »

Ports America Chesapeake goes live with Navis N4

Ports America Chesapeake (PAC) has gone live with Navis’ N4 terminal operating system (TOS) at the Port of Baltimore’s Seagirt and Dundalk terminals. Part of a US$142m investment in equipment and infrastructure initiatives to keep competitive in the region, the implementation of N4 marks the first time the port has utilised a single platform for all cargo handled at its ... Read More »

Port of Los Angeles warns of “crippling” impacts of trade war

Container volumes dropped 19% at the Port of LA in October

A new study conducted for the Port of Los Angeles indicates that tariffs threaten nearly 1.5m US jobs and more than US$186bn of economic activity nationwide. The potential risks are based on the impact of tariffs levied on cargo handled by the San Pedro Bay port complex, which covers Los Angeles and Long Beach, the two busiest container ports in ... Read More »

Papua New Guinea terminals and new services help boost ICTSI’s Q3 results

International Container Terminal Services Inc. (ICTSI) has reported a 10% year-on-year increase in revenue from port operations for the first nine months of 2019 to US$1.1bn as throughput grew by 6% to 7.6m teu in the same period. The increase in volume was mainly attributed to continuing ramp-up at ICTSI’s new terminals in Lae and Motukea in Papua New Guinea ... Read More »

First Konecranes RTGs in Morocco for Port of Tangier

The Port of Tangier has ordered 16 rubber-tyred gantry (RTG) cranes, which will be the first Konecranes container cranes in Morocco, for its new container terminal TC3 at Tanger Med 2. The RTGs will have a lifting capacity of 40 tonnes, lifting containers 1-over-5 high and seven container rows wide plus truck lane. Additionally, they will be equipped with the ... Read More »

Tideworks establishes intermodal division and expands Florida presence

Tideworks recently implemented its TOS at CSX's 31 intermodal terminals

Tideworks Technology, a full-service provider of terminal operating system (TOS) solutions, is to create a dedicated intermodal division located in Jacksonville, Florida. The company plans to hire additional staff focused on intermodal customer success, technology and sales to augment its current Jacksonville workforce. Given the growth of its team in Florida, Tideworks will relocate its existing Jacksonville office to a ... Read More »

DP World signs MoU with Namibia’s Nara Namib to develop Walvis Bay free economic zone

Suhail Al Banna, CEO and Managing Director - Middle East and Africa at DP World, with Titus Nakuumba, Executive Director at Nara Namib Free Economic Industrial Zone

DP World has signed a Memorandum of Understanding (MoU) with Namibia’s Nara Namib Free Economic Industrial Zone today to develop a free economic zone for industry and logistics in Walvis Bay. The facility at Walvis Bay will provide businesses with development-ready land for industrial and logistics operations, pre-built warehouses and office accommodation. A gross developed area of 50 ha will ... Read More »

Nexxiot to equip VTG’s entire tank container fleet with IoT sensors

From spring 2020, Nexxiot will equip VTG Rail Europe’s entire tank container fleet with Internet of Things (IoT) sensors, so that they can be located and monitored worldwide. All of the 9,000 tank containers will be equipped with ‘Globehopper’ sensors developed by Nexxiot, aiming to bring more transparency and planning capability to VTG’s processes as well as added value for ... Read More »