HPH Suspends Investment Plans

HPH Suspends Investment Plans
Hutchison Port Holdings (HPH) confirms that, in agreement with Christchurch City Holdings Limited (CCHL), it will not be proceeding with its proposed investment in Lyttelton Port Company Limited (LPC), as CCHL has not been able to privatise LPC on the terms anticipated. However, HPH remains open to further discussions with CCHL in the event they .....
Read more

Associated British Ports may fetch £3bn.

Associated British Ports may fetch £3bn.
ASSOCIATED British Ports (ABP) could fetch more than £3 billion after the company, which controls a quarter of the trade that enters the UK by sea, was put into play by a consortium led by Goldman Sachs.
Read more

Cerescorp Company has purchased two super post Panamax cranes

Cerescorp Company has purchased two super post Panamax cranes
— Cerescorp Company has purchased two super post Panamax cranes for Fairview Cove Container Terminal facility in the Port of Halifax. With this purchase, Cerescorp will own and operate a total of six cranes at the terminal – three 65 metric ton super post Panamax types and three 40-ton gantry cranes. Together, they will have the capability of handl...
Read more

Björk.Eklund Group acquires a one-third stake

Björk.Eklund Group acquires a one-third stake
As part of its strategy to expand its operations into the Baltic States, Russia and other parts of the Former Soviet Union, the Björk.Eklund Group has acquired a one-third shareholding in Baltic Transport Group (BTG), headquartered in Klaipeda, Lithuania.
Read more

NEW CHAIRMAN OF THE PORTS ADVISORY GROUP

NEW CHAIRMAN OF THE PORTS ADVISORY GROUP
GROUPThe UK ports sector is a dynamic and fast moving sector. Demand for UK expertise in the ports sector is increasing and businesses all over the world appreciate the innovative products and services offered by UK-based ports companies.
Read more

Marine Terminals Corp. Appoints Tom Ward to new position

Marine Terminals Corp. Appoints Tom Ward to new position
OAKLAND, Calif. – Marine Terminals Corp. recently announced the creation of the new position of director and chief engineer, which will focus on terminal development and facility planning, capacity and productivity analysis and technology impact planning.
Read more

Duisport consolidates containers for the Sea Ports.

Duisport consolidates containers for the Sea Ports.
Duisburg, 8 March 2006 - The Fraunhofer Institute for Material Flow and Logistics (IML) recommends that the Port of Duisburg should focus its public relations strategy on the excellent integration of continental and maritime combined transportation routes.
Read more

Tender for JadeWeserPort accepted

Tender for JadeWeserPort accepted
Bremen, 14 March 2006, EUROGATE has been informed today by JadeWeserPort Realisierungs GmbH & Co. KG that, following thorough discussions in the company’s governing bodies, EUROGATE’s bid to operate the JadeWeserPort Container Terminal in Wilhelmshaven has been accepted.
Read more

MAFI wins order for 32 Terminal Tractors

MAFI wins order for 32 Terminal Tractors
After presenting the new Terminal tractor MT 25 YT to the public last October, Mafi was successful in receiving the order for 32 units from MSC Terminal in Valencia, Spain. The new Terminal is under construction at the moment and the first containership is scheduled for 01. September 2006.
Read more

Kalmar’s E-One RTG makes its Australian debut with P&O Ports.

Kalmar’s E-One RTG makes its Australian debut with P&O Ports.
Kalmar Industries has received an order from P&O Ports Australia for six all-electric E-One rubber-tyred-gantry (RTG) cranes – three 8+1 wide and 1-over-5 high units for its Port Botany Container Terminal in Sydney and three 6+1 wide and 1-over-5 high for its Fremantle Terminal. The RTGs are scheduled for delivery in late autumn 2006.
Read more

Korean Port of Busan still empty

Korean Port of Busan still empty
Having been built at a cost of 1 trillion won (US$1billion) and completed on January 19, the port of Busan in Korea has failed to attract a single shipment. The only bustling activity to be seen around the port is a series of trial runs, so that when cargo comes into the port, processing can be executed as swiftly as possible.
Read more

New Orleans to borrow US$12m

New Orleans to borrow US$12m
The Port of New Orleans yesterday received the go ahead to borrow up to US$12m over the next two years to fund its operating costs, debt payments and expenses incurred in the wake of Hurricane Katrina, during which it sustained damage in the region of US$84m.
Read more

White House Approves P&O Sale

White House Approves P&O Sale
Amidst cries of dissent, including one senator announcing his intention to bring in a ban on foreign-owned companies operating US shipping concerns, the Bush administration yesterday approved the US$6.8bn sale of P&O to Dubai Ports.
Read more

US Could annul P&O/Dubai Ports Deal

US Could annul P&O/Dubai Ports Deal
Although the majority of UK shareholders voted on Monday in favour of the offer by DP World to purchase P&O, the White House announced yesterday that it was investigating the Dubai Ports World company, because of the control the company would have over two P&O ports; those of Manhattan’s West Side cruise ship terminal and Newark’s containerport.
Read more

Kalmar launches world’s first Intelligent Tractor

Kalmar launches world’s first Intelligent Tractor
Kalmar, the world’s leading supplier of cargo handling equipment to ports and terminals, has launched its new i-series ‘intelligent’ tractors, which offer users more power, more torque and a longer runtime. They are the first ever tractors to use CAN-BUS control technology.
Read more

US Port Security plays role in Politics

US Port Security plays role in Politics
The Senate’s leading democrat Don Perata yesterday criticised Californian Governor Arnold Schwarzenegger’s bond package covering new roads and schools for not adequately addressing post 9/11 port security issues.
Read more