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Portek reports 16% increase

The Singapore-based terminal operator Portek International has reported a 16% increase in half-year (April to September, 2012) traffic through its eight global terminals compared with the same preceding period. It handled a total of 521,100 teu. Read More »

PSA regrets JNPT’s withdrawal of concession award

In September 2011 a concession was awarded by India’s Jawaharlal Nehru Port Trust (JNPT) to a PSA International led consortium to build a fourth container terminal at Nhava Sheva. Since that time progress on the project which aimed to create 4.8m teu/year capacity facility has been painfully slow and the consortium’s refusal to sign the concession agreement tested the patience of both the port administration and the Indian government, which has jurisdiction over JNPT. Read More »

UANI calls for increased pressure on Iran’s shipping industry

Ambassador Mark Wallace, CEO of United Against Nuclear Iran (UANI), has responded to comments made by the managing director of the Islamic Republic of Iran Shipping Lines (IRISL) that Iran’s shipping industry is now suffering from economic pressure and “will face serious problems” and “greater damage” “if this situation continues”. Read More »

Strong holiday season for US containerised imports

Import volume at the top US container ports should be up in October as merchants wrap up the annual shipping cycle for holiday merchandise, according to the monthly Global Port Tracker (GPT) report released by the National Retail Federation (NRF) and Hackett Associates. Read More »

Bromma’s largest ever all-electric spreader order

Bromma won the largest combined all-electric STS and all-electric yard crane spreader order in the company’s history. OOCL subsidiary Long Beach Container Terminal (LBCT) has ordered 18 STS45E all-electric ship-to-shore and 32 YSX45E all-electric yard spreaders with delivery scheduled during 2013. Read More »