Thursday , 12 December 2019
Latest News


PSA acquires DCT Gdansk with Polish Development Fund and IFM Investors

PSA International, the Polish Development Fund (PFR) and the IFM Global Infrastructure Fund (GIF) have completed the transaction to jointly acquire DCT Gdansk, the largest terminal in Poland. The partners have received formal approval from relevant competition authorities to buy the only terminal in the Baltic that can serve ultra large container vessels (ULCVs) with a capacity of up to ... Read More »

Damietta Port ready to handle 14,000 teu vessels

Deepening works at Damietta Port Authority (DPA) has been completed, enabling the Egyptian port to handle container vessels of up to 14,000 teu in capacity and 15 m in draught. The works deepened the navigational channel to 16 m and the turning circle and container berths to 15.5 m. Captain Tarek Shahin, chairman of the DPA, claimed that Damietta Port ... Read More »

CMA CGM launches Reefer Pharma division

CMA CGM has the world's second largest reefer fleet

CMA CGM has launched its Reefer Pharma division which is specifically designed to cater for temperature-controlled transportation of pharmaceutical products and aims to guarantee optimal safety. To meet health and safety requirements, CMA CGM ensures limited handling of containers during transport and utilises the newest containers which are inspected before they leave the warehouse, sealed to deny access to those ... Read More »

Prince Rupert unveils plan to boost capacity by 6-7m teu

Prince Rupert Port Authority (PRPA) has completed a container terminal master plan outlining the addition of 6-7m teu in capacity through the development of multiple terminals. The master planning concluded the potential for further expansion of Fairview Terminal and the development of a second container terminal at the Port of Prince Rupert’s South Kaien Island site. This second terminal features ... Read More »

Panama Canal receives largest container ship to date

The vessel at the Cocoli locks

The Panama Canal has completed a trial transit of Evergreen’s Triton, a Neopanamax container vessel with a capacity of 15,313 teu, making it the largest to pass through the expanded canal since it opened in June 2016. In July 2018, the canal increased the maximum allowable beam for vessels transiting the Neopanamax locks from 49 m to 51.25 m, citing ... Read More »

Phoenix launches versatile crane and terminal light

Phoenix Lighting has launched the Wayfinder, the latest edition to its durable LED product line, which has been specifically designed for ports with safety in mind. The Wayfinder projects a wide beam angle to allow fewer fixtures to cover more surface area for effective and efficient lighting as it delivers 1,100 lumens to access ways, walkways, stairways, platforms and other ... Read More »

COSCO finalises agreement to develop US$3bn Peruvian multi-purpose port

The ceremony was	 witnessed by	Martín Vizcarra,	President of Peru (centre)

COSCO Shipping Ports Ltd (CSP) has signed the subscription and investment agreement with Volcan to acquire stake in the Port of Chancay, where it has planned to develop a US$3bn multipurpose terminal. Port of Chancay is located 58 km to the north of the Peruvian capital of Lima where, combined with the surrounding areas, 60% of the country’s economic activities ... Read More »

Konecranes launches 11-tonne empty container handler

Konecranes has launched its first empty container handler with a double stack capacity of up to 11 tonnes, specifically designed for heavy-duty double handling application. The SMV ECC 6/7 110 DS has been dubbed the “no limitations empty container handler” by the manufacturer as it makes full use of an 11-tonne telescopic side lift spreader for handling two empty containers ... Read More »

Port of Buenos Aires bidders required to invest US$760m over next ten years

Argentina’s transportation ministry has approved the bidding documents for the public tender for the Port of Buenos Aires, with the winning company required to continue the ongoing expansion works representing an investment of US$760m in the first ten years. The country’s General Administration of Ports is expected to call for bids in the coming days. If the process proceeds according to schedule, the Port of Buenos Aires ... Read More »