Tuesday , 16 October 2018
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ICTSI’s Papua New Guinea project wins local support

Noho-Magae, an organisation representing the Baruni and Tatana communities in Papua New Guinea (PNG) has joined as a shareholder of Motukea International Terminal in Port Moresby. ICTSI won a 25-year concession to operate the new Port of Motukea, which is designed to handle larger international vessels and facilitate greater trade with Australia, New Zealand, China, Japan, and other markets in the ... Read More »

Abu Dhabi Ports opens container freight station

EGA exports metal to more than 60 countries

Abu Dhabi Ports has opened a new freight station in the Khalifa Industrial Zone Abu Dhabi (KIZAD) to transfer metal into containers before they are exported. The operator opened the facility in partnership with Emirates Global Aluminium (EGA) to reduce the aluminium producer’s trucking. Abdulla Kalban, EGA’s managing director and CEO, said: “We are always looking for ways to improve ... Read More »

DP World opts for Navis in Ecuador 

An Ecuadorian DP World facility has chosen to implement Navis’ N4 terminal operating system (TOS) in anticipation of its targeted go-live in 2019. DP World won a 50-year concession for the greenfield, multi-purpose Posorja facility from the Ecuadorian government in 2016, and will implement Navis’ PrimeRoute, Expert Decking and AutoStow modules alongside N4. Jorge Velásquez, general manager at DP World ... Read More »

Hapag-Loyd volumes up following merger

Hapag-Loyd's headquarters, Ballin House

Hapag-Lloyd volumes grew by 29% to 9.8m teu in 2017 which the carrier largely attributed to the merger with United Arab Shipping Company (UASC). The carrier also cited “underlying organic volume growth” as a factor in the growth, and said it expects increasing demand for services in 2018. Rolf Habben Jansen, Hapag-Loyd’s CEO, said: “Going forward, our customers will benefit ... Read More »

APMT welcomes back key customer

Reefer Terminal's warehouse

An APM Terminals (APMT) reefer facility in Italy has welcomed back one of world’s leading fruit companies as a customer after a six-year hiatus. Del Monte Fruit will once again use APMT Reefer Terminal in the Port of Vado Ligure after leaving the terminal in 2012. Stefano Polidori, sales director for Del Monte Italia, said: “We are convinced that cooperation ... Read More »

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 »