Thursday , 18 April 2019
Latest News


Growth across all sectors for the Port of Durban

The Port of Durban

The Port of Durban has handled its highest container volumes in seven years as throughput grew year-on-year by 9.5% to 2.9m teu in 2018. Container exports grew exponentially by 17% while imports also saw an increase of 10%. Port of Durban acting port manager Nokuzola Nikowane said: “The Port of Durban continues to work with terminal operators and other stakeholders ... Read More »

PSA, IFM and PFR will jointly acquire DCT Gdansk

DCT Gdansk is ranked among the top 15 container ports in the continent

PSA International, the Polish Development Fund (PFR) and the IFM Global Infrastructure (GIF) managed by IFM Investors have signed an agreement to jointly acquire 100% of the Deepwater Container Terminal (DCT) Gdansk. The acquisition marks PSA’s first investment in Eastern Europe and Tan Chong Meng, group CEO of PSA International, aims to utilise the group’s global network and expertise to ... Read More »

Hyster to develop electric reachstacker for Port of Valencia

Hyster Europe has begun to develop a zero-emission reachstacker featuring a hydrogen fuel cell for the Port of Valencia as part of the European Horizon 2020 programme and H2Ports project. The reachstacker is expected to begin operations in 2021 at the MSC Terminal Valencia (MSCTV) where it will undergo thorough testing handling laden shopping containers alongside several existing reachstackers. The ... Read More »

DP World collaborates with Infor on global supply chain platform initiative

DP World has chosen global software company Infor to power its Global Supply Chain Platform Initiative, through which the terminal operator aims to deliver end-to-end logistics services and worldwide supply chain visibility. Through the initiative, DP World aspires to bring supply chain stakeholders and processes together on a single global, intelligent network. In order to power a new business initiative ... Read More »

ICTSI receives new hybrid RTGs ahead of schedule

The RTGs are expected to be operational March 2019

International Container Terminal Services Inc. (ICTSI) has received three new hybrid rubber-tyred gantries (RTGs) ahead of schedule at its terminal in Lae, Papua New Guinea. The RTGs, which represent a PGK15.6m (US$4.6m) investment, are a part of the group’s ongoing programme to strengthen and enhance overall operational efficiency at its South Pacific International Container Terminal (SPICT). The delivery places SPICT ... Read More »

Wilhelmsen and Airbus trial drone deliveries to vessels at anchorage

Wilhelmsen and Airbus have started a shore-to-ship Singapore pilot project, marking the first deployment of drone technology in real-time port conditions, delivering a variety of small, time-critical items to working vessels at anchorage. Lifting off from Marina South Pier in Singapore with 3D printed consumables from Wilhelmsen’s onshore 3D printing micro-factory, the Airbus Skyways drone navigated autonomously along pre-determined ‘aerial-corridors’ in ... Read More »

Contship Italia to sell Medcenter Container Terminal to MSC

The terminal can handle three mega vessels simultaneously

Contship Italia has entered into negotiations with MSC for the sale of its 50% shares in CSM Italia Gate S.p.A, the company that controls MCT – Medcenter Container Terminal. MCT is the concessionaire of the container terminal activities in the port of Gioia Tauro where MSC is already a partner and the main customer. In order to speed up the ... Read More »

Trump allocates US$138m for Charleston harbour deepening

President Trump’s fiscal year 2020 budget includes US$138m for the Charleston Harbour Deepening Project, which involves dredging the harbour to 52 ft. Inclusion in the budget makes the project eligible for direct appropriations by Congress through the Energy and Water Appropriations Bill this year. Bill Stern, board chair of South Carolina Ports Authority (SCPA), said: “Federal funding at such a high level ... Read More »

Acquisitions boost revenue and profit 5% at DP World

Sultan Ahmed bin Sulayem, CEO of DP World

Profit attributable to the owners of DP World rose by 5.1% to US$1.27bn last year as new investments drove substantial revenue growth for the operator. Revenue jumped by 19.8% to US$5.6bn, driven by the acquisition of Drydocks World, Dubai Maritime City (DMC), Cosmos Agencia Maritima, Continental Warehousing Corporation (CWC) and the Santos consolidation. On a like-for-like basis, revenue increased by ... Read More »

Massport to receive four RTGs from Konecranes

Massachusetts Port Authority (Massport) will take delivery of four Konecranes rubber-tyred gantry (RTG) cranes this year to be used at Conley Terminal in Boston. Massport will operate the four machines by the end of 2019, which will give the operator a told of 12 Konecranes RTGs. The order was booked last year. The units on order are 16-wheel machines lifting ... Read More »