Archive

PSA International has completed the acquisition of Halterm Container Terminal in the Port of Halifax, Canada, from Macquarie Infrastructure Partners, following formal approval by relevant regulatory authorities. Halterm is the only container terminal in Eastern Canada that can serve mega container vessels, operating three container berths covering more than 1 km of quay with a depth of up to 16 ... Read More »

Drewry expects container terminal utilisation rates to rise to an average of 79% over the next few years due to the “muted” level of capacity expansion plans in the pipeline. The consultant’s container port demand forecast for the next five years is for global growth of 4.4% per annum on average, lifting world container port throughput from 784m teu in ... Read More »

Yilport Holding has signed a 49-year concession with the Port Network Authority of the Ionian Sea (PNAIS) for the Port of Taranto, Italy. The Port of Taranto is the 22nd marine port in Yilport Holding’s portfolio and its first terminal in Italy. Chairman Robert Yuksel Yildrim said: “Being able to enter Italy and work here in Taranto is like filling ... Read More »

TecPlata, a subsidiary of International Container Terminal Services Inc (ICTSI) Argentina, has signed agreements with two big petrochem companies to handle their cargo and service their import/export needs. State-owned energy firm Yacimientos Petroliferos Fiscales (YPF) has started to export lubricant products to the city of Santos in Brazil and import raw materials from Pecem while its chemical division has started ... Read More »

APM Terminals (APMT) is testing a number of initiatives across 10 terminals in an effort to improve the experience for truckers. The projects have been developed using the operator’s improvement cycle (I-cycle) methodology, which is being used company-wide. Interviews with more than 200 truck drivers in 2018 indicated that truck drivers and dispatchers need clear, relevant, and timely information around ... Read More »

PSA Corporation and Envision Digital International have signed a Memorandum of Understanding (MoU) to collaborate in knowledge sharing and capability transfer for development in the fields of engineering, technology, Artificial Intelligence and Internet of Things (AIoT). PSA and Envision will share and exchange expertise on industry concepts, technical architectures, systems and case studies relating to the development of an intelligent ... Read More »

The Portuguese government has approved the new Vasco de Gama Terminal and expansion of the existing Terminal XXI at the Port of Sines. The aim is to increase capacity and to respond to the existing demand in containerised cargo at the port, in compliance with the Strategy for Increasing the Competitiveness of Continental Ports Network – Horizon 2026. Concessionaire PSA ... Read More »

Dredging of the River Elbe has officially begun at the Port of Hamburg as the hopper dredger Scheldt River started the adjustment of the fairway. After the fairway adjustment, ocean-going ships will be able to leave the port with a draft of 13.50 m and, using flood tide, with one of 14.50 m. It will provide one extra metre of ... Read More »

The Maryland Department of Transportation is to receive a US$125m grant for Baltimore’s Howard Street Railroad (CSX Transportation) tunnel to enable double stacking of shipping containers to and from the Port of Baltimore. The funds come from the US Department of Transportation’s (USDOT) Nationally Significant Freight and Highway Projects Programme, or INFRA. PortMiami is to receive US$8.04m for its Seaboard ... Read More »

International Container Terminal Services, Inc. (ICTSI)’s flagship Manila International Container Terminal (MICT) has received a new quay crane and eight hybrid rubber-tyred gantries (RTGs). The additional equipment brings its total fleet to 18 quay cranes and 58 RTGs, establishing Manila has having the largest fleet of modern container handling equipment in the Philippines. Christian R. Gonzalez, ICTSI Global corporate head, ... Read More »