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Tag Archives: terminal

Panama Canal Authority to relaunch Corozal project in 2020

The Panama Canal Authority (ACP) is planning to relaunch the concession process to build and operate a new container terminal at Corozal on the Pacific side of the canal in 2020. Following a market study, the ACP is opting for a smaller scale project featuring one fewer berth in the first phase in an effort to reduce the risk to ... Read More »

West Coast container volumes bounce back

Container volumes dropped 19% at the Port of LA in October

The ports of Los Angeles and Long Beach reported surges in container volumes in March, as the West Coast starts to recover from months of congestion and union disputes. The Port of Los Angeles had the second most productive March in its history, handling 791,863 teu, a 17.3% year-on-year increase. Its neighbour, the Port of Long Beach, celebrated its strongest ... Read More »

Grup TCB set to buy Terminal Polivalente de Castellón

Terminal Polivalente de Castellón

Terminal operator Grup TCB has agreed a deal to buy Terminal Polivalente de Castellón (TPC) from its current owners, including majority shareholder Globalvia. The transaction is pending approval which is expected to come from the relevant authorities in the next few weeks. The terminal is situated mid-way up Spain’s eastern coast at the Port of Castellon, 60 km from Valencia. TPC handles around ... Read More »

Single digit growth is “the new normal” says Qingdao chairman

DP World's terminal in Qingdao outperformed the market with double digit growth in 2014

The chairman of Qingdao Port International, Zheng Minghui, has said in a statement that lower rates of growth are “the new normal” for the Chinese container terminal industry. He said that the era of rapid growth has gone and been replaced by “medium-to high or even medium” growth. Put differently, he said, growth has gone from double digits to single ... Read More »

Navis releases new business intelligence portal

Navis has unveiled a new terminal business intelligence (BI) portal, which provides data analytics solutions and features integration with its N4 terminal operating system (TOS). The BI Portal will offer hourly, daily and historical data analysis in near real-time, aiming to deliver a “360-degree view” of terminal performance. Features include configurable dashboards, reports and key performance indicators (KPIs); a report designer ... Read More »

Container volumes, revenue and profit all up for DP World

DP World is expanding Jebel Ali this year

Terminal operator DP World performed strongly in 2014 increasing its total container throughput by 8.7%, which contributed to healthy revenue and profit growth. Annual results figures released on Thursday revealed that consolidated throughput volume rose from 26.1m teu year-on-year to 28.3m teu, with most of the growth coming from the Middle East, Europe and Africa region. Revenue increased by 11.3% ... Read More »

Port of Houston orders nine RTGs from Konecranes

Finnish manufacturer Konecranes has received an order for nine rubber tired gantry (RTG) cranes from the Port of Houston Authority. Houston’s Bayport container terminal will receive the cranes in mid-2016, bringing the total of Konecranes RTGs at the port to 69. The nine RTGs on order will have 16 wheels each, a lifting capacity of 40 LT, a stacking height ... Read More »

Indonesia set to see new deep-sea ports by 2018

Four of five planned deep-sea port projects to boost sea transport are expected to be ready to begin services by 2018, an Indonesian minister has stated. Indroyono Susilo, coordinating minister for maritime affairs, made the announcement that will see the new ports built at Kuala Tanjung in North Sumatra, Kalibaru in Jakarta, Teluk Lamong in East Java and New Makassar ... Read More »

ITI targeting 13% traffic increase for 2015

Iquique wants to be a hub port for the south of Peru

Iquique Terminal Internacional (ITI) is aiming to handle 2.4m tonnes of cargo in 2015, which is equivalent to growth of 13% in respect of last year, when it handled 2.1m tonnes. To date, this has involved it in investing US$18.5m to acquire two super post-Panamax gantry cranes and also to overhaul its entire terminal tractor fleet. The second gantry crane ... Read More »

JICA signs loan for new container terminal

The Japan International Cooperation Agency (JICA) has signed a Sh24bn (US$261m) loan agreement with the Kenya Ports Authority for the second phase at the Port of Mombasa.  The project will see construction of a new container terminal along with new cargo-handling equipment. The project is a response to a tripling in container volume at the port over the past decade, ... Read More »