Tuesday , 26 March 2019
Latest News


SAAM to acquire all joint operations with Boskalis for US$201m

Sociedad Matriz SAAM S.A has signed a US$201m deal to acquire all towage operations jointly controlled with Royal Boskalis Westminster N.V. (Boskalis) in Brazil, Mexico, Panama and Canada. Once the deal is finalised, SAAM will own 100% of operations in these companies and as a result, will acquire 49% of the business in Mexico, Panama and Canada and 50% in ... Read More »

Strong end-of-year results for Kalmar

Kalmar’s financial statements revealed a 23% year-on-year increase in orders, at a total value of €1,991m (US$2,254m), boosted by several major orders placed throughout 2018. By the end of the period, the manufacturer’s order book saw a 29% increase to €1,012m (US$1,145m) and at a total value of €1,618m (US$1,832m), sales steadily grew by 1%. Mika Vehviläinen, Cargotec’s CEO, said: ... Read More »

ICTSI enters into partnership with Navis across terminal portfolio

ICTSI's flagship terminal MICT

International Container Terminal Services, Inc. (ICTSI) and Navis have agreed to form a new global partnership, allowing the N4 platform to be adapted more easily to the terminal operator’s global footprint. The agreement features a “centralised pooled approach and global volume view”, aiming to support the Philippines-based company’s growth strategies around the world. According to Navis, by leveraging N4 within ... Read More »

Steady growth for Konecranes in 2018

Konecranes has recorded a steady growth for 2018, with a significant 26.9% year-on-year increase in order intake for the fourth quarter mostly attributed to two large orders. The two orders were 54 automated rail-mounted gantry cranes (ARMGs) to Khalifa Port in Abu Dhabi, announced in October, and an order for a single large process crane. Order intake for the whole ... Read More »

Savannah to serve six 14,000-teu vessels simultaneously by 2024

Garden City Terminal on a picturesque evening

Georgia Ports Authority (GPA) has launched its Big Berth/Big Ship programme, which will allow the Port of Savannah to simultaneously handle six 14,000 TEU vessels by 2024. Currently, Savannah’s Garden City Terminal is equipped to handle two of these vessels and by April of this year that number will increase to three. Griff Lynch, executive director at the GPA, said: ... Read More »

Maersk introduces new virtual assistant

Captain Peter engages with the customer from end to end in the supply chain

Maersk has planned to enhance its Remote Container Management (RCM) platform by introducing a virtual assistant, named Captain Peter, which is designed to assist customers along the journey of their cargo. A group of select customers have been testing technical improvements that aim to simplify the processes integrated into the RCM platform, set to be released in the first half ... Read More »

Busy start to 2019 for ZPMC USA

In the first two weeks of 2019, ZPMC USA raised the last of four cranes for the South Carolina State Port Authority (SCSPA) in Charleston and offloaded four new ship-to-shore (STS) cranes at Virginia International Gateway Terminal. With this timeframe, it also raised the second of four cranes for Maher Terminals in Elizabeth, New Jersey, and continued a 10-crane raise ... Read More »

DP World’s global volumes up to 71m teu

DP World handled 71.4m teu across its global portfolio of container terminals in 2018, representing 2.9% like-for-like growth, despite a decline at its UAE-hub due to a reduction in low-margin cargo. Volumes fell by 2.7% last year to 15m teu at its flagship facilities in the UAE although this was offset by steady improvements across its worldwide portfolio. Sultan Ahmed ... Read More »

Positive growth for Port of Barcelona

From left to right, the managing director of the Port of Barcelona, José Alberto Carbonell and president of the Port of Barcelona, Mercè Conesa

The Port of Barcelona handled over 3.4m teu in 2018, an increase of 15% year-on-year attributed to an increase in containers moved by rail and an increase in transhipment. Transhipment increased by 35% while exports handled by the port rose 6.6% to 752,915 teu and imports grew by 3.5% to 580,892 teu. This result marks the second year in a ... Read More »

APM Terminals to jointly develop new terminal in Bangkok

The facility is seen as a feeder terminal

APM Terminals (APMT) has signed a memorandum of understanding with Sahathai Terminal PLC (PORT) and Mitr Phol Sugar to develop a 345,000 teu capacity greenfield container terminal in Bangkok. Bangkok River Terminal Limited (BRT) will aim to accommodate Thailand’s growing containerised import and export trade. Maarten Degryse, managing director of APMT Inland Services, Thailand, said: “Once developed, we expect the ... Read More »