Saturday , 20 April 2019
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Author Archives: Lacey Jones

Strong 2018 financial results set Le Havre up to invest in development programme

The Port of Le Havre recorded strong financial results in 2018, putting it in a good position to carry out its ambitious €600m (US$677.8m) investment programme which includes the completion of Port 2000. The increase in turnover to €195m (US$220.4m) is a result of the effectiveness of the pricing policy that has been set up, particularly with regard to the ... Read More »

Digital platform simplifies shipper-owned container sourcing

Online platform Container xChange aims to streamline the process of sourcing shipper-owned containers (SOCs) for a growing number of market participants who wish to save costs and gain control of logistics processes. Traditionally, sourcing an SOC can be long-winded as a shipper would have to reach out to companies, set up legal agreements, negotiate terms, add container insurance and use separate ... Read More »

NWSA approves Terminal 5 modernisation programme at the Port of Seattle

The Northwest Seaport Alliance (NWSA) has voted to approve lease agreements and authorise construction on the Terminal 5 modernisation programme to remain competitive in the shipping industry and expand cargo-handling capabilities. Once phase one of construction is complete in 2021, LLC, a joint venture entity owned by Seattle Terminals (SSA Terminals) and Terminal Investment Limited (TIL) will begin operating at ... Read More »

PSA unboXed and theDOCK to tap into promising startups for the port, maritime and supply chain sector

Founders of theDOCK Innovation Hub: Hannan Carmeli, Noa Schuman  and Nir Gartzman. Photo by Ezak Line Photographers

PSA unboXed, the Singapore-based company’s innovation and corporate venture capital arm, and Israeli-based theDOCK have entered into an agreement to leverage technologies that will benefit the port, maritime and supply chain sector. Global ports, shipping and maritime logistics innovation hub theDOCK connects creative startups with worldwide leading maritime corporations through matching technology solutions with the challenges and needs of its ... Read More »

CyberLogitec: New solution improves logistics operations

CyberLogitec has launched OPUS Logistiscs SaaS – a new, more robust version of its logistics operations solution designed for ease of use, implementation and IT infrastructure management. The solution is aimed at freight forwarders, Non Vessel Owning Common Carriers (NVOCCs), third-party logistics and warehousing operators to help meet the increasing demands of their customers’ requirements. As international, ecommerce and online ... Read More »

ICTSI Argentina’s Tecplata terminal begins operations

The US$450m terminal could increase capacity to 1m teu

International Container Terminal Services, Inc. (ICTSI) has opened its TecPlata facility, billed as the most modern container terminal in Argentina. The opening comes amidst a period of substantial uncertainty in the country’s port sector with three container terminal concessions soon to expire in the Puerto Nuevo complex at the Port of Buenos Aires and confusion over the new concession process. ... Read More »

Port Houston limits number of 1,100 ft vessels

Commissioners for the Port of Houston Authority have agreed to limit the number of vessels measuring longer than 1,100 ft at the request of energy companies who feared large container ships would threaten export growth. Traffic for large vessels that cause one-way traffic limitations on the key ship channel approach of Galveston Bay has been limited to once a week. ... Read More »

ICTSI approves Philippine government crackdown on overstaying containers

International Container Terminal Services, Inc. (ICTSI) has praised the concrete steps taken by the Philippine government to clear Manila ports of overstaying cargo. The Philippine Ports Authority (PPA), the Department of Transportation (DoTr), the Department of Trade and Industry (DTI) and the Bureau of Customs (BOC) have been working to ensure the swift disposition of overstaying cargo. Christian R. Gonzales, ... Read More »

ICTSI Manila upgrades container-handling equipment fleet

International Container Terminal Services, Inc (ICTSI)’s flagship Manila International Container Terminal (MICT) has further upgraded the Philippines’ largest fleet of container-handling equipment with four new hybrid rubber-tyred gantries (RTGs) from Japan. The new RTGs are manufactured by Mitsui Engineering & Shipbuilding Co. Ltd. (MES) and will be deployed immediately with the aim to further increase MICT’s yard productivity. In total, ... Read More »

DP World acquires Chilean company Puertos y Logística S.A.

Puerto Central and Puerto Lirquen are two of the largest multipurpose terminals in Chile

DP World has acquired control of the Chilean company Puertos y Logística S.A., owner of Puerto Central (San Antonio) and Puerto Lirquen (Concepción) – two of the largest multipurpose terminals in the country. The acquisition of these facilities followed a successful Public Offer of Acquisition of Shares (OPA) made through DP World Holding UK of US$502m and all taxes related ... Read More »