'Next Generation Container Port Challenge' (NGCP) competition announced by Singapore authorities Performance, productivity, sustainability - achieve these three targets in order to win the Next Generation Container Port (NGCP) Challenge's top prize of USD1 million. Jointly organised by the Maritime and Port Authority of Singapore (MPA) and the Singapore Maritime Institute (SMI), the NGCP Challenge seeks to identify ideas that will achieve a quantum leap in port performance, productivity and sustainability for a new generation of container port that is set 10 years in the future. The NGCP Challenge was officially launched by Capt M Segar, MPA's Assistant Chief Executive (Operations). Registration for the international competition is open till 31 July 2012. Participants will have to submit their proposals by 31 December 2012. Submissions will be evaluated by an international panel, comprising representatives from the Singapore government and the maritime industry. "The current landscape is such that high demands are placed on port infrastructure in the world. It is especially important for Singapore, as a land-scarce nation, to look for innovative proposals that will allow us to achieve an exponential leap in performance, productivity and sustainability. We believe that this competition will allow us to identify ideas that will not only benefit the Port of Singapore, but also revolutionise the entire container port industry
Hutchison Whampoa Ltd. would directly hold about 45 percent, not 65 percent, of the phase three of the Yantian container port project in the southern Chinese city of Shenzhen, a Hutchison official said on Thursday. She added that Hutchison has a majority stake in a foreign entity that would hold a 65 percent stake in the project. Through the investment entity, Hutchison would hold an "effective 45 percent", the official said.
TMEIC GE is providing its MaxSpeed crane control system featuring TMdrive-10 controls, Programmable Logic Controller (PLC), and Crane Management Systems for DP World’s new container port in Callao, Peru, near the capital, Lima. The new container terminal with one million TEU capacity, will initially be constructed with two berths comprising 650 meters of quay line and 22 hectares of yard, and is expected to be operational second quarter, 2010
The United Kingdom Hydrographic Office (UKHO) has announced new ENC (Electronic Navigational Chart) coverage of a key shipping route in Vietnam, providing greater navigational detail of the region. The three new ENCs cover the ports and approaches to Vung Tau, which includes the main container port of Cai Mep, and are only available through the Admiralty Vector Chart Service. The new ENCs have been produced in response to increasing demand from shipping companies for fully
Port operator APM Terminals, part of Denmark's A.P. Moller-Maersk, is buying 11 container ports from Spanish shipping and logistics group Perez y Cia to boost its presence in emerging markets and better serve bigger container vessels. No terms were given for the deal, which will increase APM Terminals' container ports to 74 from 63 including terminals in Colombia, Brazil and Mexico, but Nordea Markets estimated an enterprise value of around 1.35 billion euros ($1
Adani Ports & SEZ Ltd (APSEZL), part of the Adani Group, today said it will expand its existing terminal Adani International Container Terminal Private Limited (AICTPL) at its flagship Mundra port. AICTPL is a 50:50 JV with Terminal Investment Ltd, an arm of Swiss-based Mediterranean Shipping Company S.A, the second largest shipping liner in the world. The expansion is being carried out to create a transhipment hub for the Middle East, South Asia and India.
Four STS cranes, the largest in their category, have been brought onshore at Algeciras port in Spain, and ready for to be commissioned. Inchcape Shipping Services (ISS) was recruited by ZPMC to moderate the break bulk carrier, Zhen Hua 25, and manage the discharge of her cargo in a safe and timely manner. The cranes, which stand at over 100m , are to be used at the APM Terminal, specifically to service new Triple E Class container ships
Drewry inform that the 2014 edition of their Annual Review of Global Container Terminal Operators is now available to purchase online. Drewry add that this industry review, with forecasts, has some of the most insightful and detailed analysis available in the market today. Entering its 12th year of publication the report is unmatched by others and Drewry continue to enhance and add new content each year. The report covers:
The Kerala state government has issued an order to hand over consent letter to Adani Ports and Special Economic Zone Ltd (APSEZ) for establishing the Vizhinjam port. Within seven days Adani group has to give an official reply. Ports Minister K Babu said the final agreement will be signed within 45 days. Kerala Chief Minister Oommen Chandy said with the handing over of the consent letter all allegations being raised about the opposition to Adani Group has
Port operator APM Terminals, part of Denmark's A.P. Moller-Maersk said on Friday it has agreed to buy the remaining 39 percent of Grup Maritim TCB and be sole controlling shareholder of the company which operates 11 container ports. The enterprise value of the total transaction is approximately $1 billion, it said. The port operator said on Sept 8 it has agreed to buy 61 percent of Grup Maritim TCB from Perez y Cia.
Turkish terminal operator Yilport Holding has gained full control of Gävle’s terminals. Yilport Holding acquired 100% shares of Gävle Container Terminal (GCT) and Baltic Sea Gateway (BSG). The Port of Gävle is Sweden’s third-biggest container port
Yilport Holding acquired 100% shares of Gävle Container Terminal (GCT) and Baltic Sea Gateway (BSG). The signing ceremony took place in Gävle, Sweden on 2 May 2016. The 30+10 year concession signed with Gävle Municipality awards Yilport Holding, a Yildirim Group subsidiary
Terminal operators at Broward County's Port Everglades say they are already equipped to help shippers handle the new international container weight verification requirements that go into effect on July 1, 2016. Certified scales are available at several locations throughout Port Everglades
Kalmar, part of Cargotec, and the Yilport Oslo Terminal Investments AS in Norway, have signed a long term service agreement for Kalmar Optimal Care. The order was signed on 1 February 2016 and the Kalmar services team has already started working at the terminal.
The board of Jawaharlal Nehru Port Trust (JNPT), India’s biggest container port, has approved Rs 2000 crore ($301 mln) dredging operation of the channel between Bombay Port Trust (BPT) and its own end to facilitate bigger ships docking/berthing at the port premises.
The Iranian shipping company Islamic Republic of Iran Shipping Lines (IRISL) called at the port of Antwerp with one of its ships this week, for the first time since economic sanctions were lifted. The honour of being the “first” Iranian ship in Antwerp’s waters fell to the
DP World Group Chairman and CEO HE Sultan Ahmed bin Sulayem recently met the President of France, Francois Hollande and senior government and business leaders at a major investment summit at the Élysée Palace in Paris. France’s attractiveness as an investment location and DP
Port operator APM Terminals to develop a new transshipment terminal in Tangier, Morocco with an annual capacity of five million TEUs. APM Terminals MedPort Tangier will become operational in 2019, serving multiple trades and will be the first automated terminal in Africa.
France is an attractive investment location for DP World’s projects related to infrastructure development, port centric development, distribution and export hubs, rail freight, customs, and other logistics topics, said DP World Group Chairman and CEO Sultan Ahmed bin Sulayem.
The world's third largest port operator APM Terminals said it will invest 758 million euros ($858.3 million) in a new transhipment terminal in Tangier, Morocco, that will be the first automated terminal in Africa. The new container terminal will have an annual capacity of five million 20-foot
In anticipation of increased opportunities for inbound consumer goods and outbound industrial commodities, Maersk Line and Mediterranean Shipping Co. have joined forces to operate a new direct all-water container service between the U.S Gulf and Asia.
A maritime country profile provides a basic snapshot of a country's situation regarding maritime transport and international trade, facilitating convenient cross-country comparisons. The Maritime Country Profiles will be updated regularly as new data becomes available.
Import cargo volume at the United States’ major retail container ports has begun its annual climb toward summer levels but is expected to be largely flat when compared with last year’s record high numbers, according to the monthly Global Port Tracker report released today by the
Yesterday during a joint trade mission in Montreal, the port authorities of Montreal and Antwerp, Belgium renewed their cooperative agreement. The first agreement, signed in March 2013, resulted in four trade missions to Montreal and Antwerp during which extensive business contacts were
The Maritime and Port Authority of Singapore (MPA) has started the construction of a new container terminal at the western end of the island to replace existing container port facilities and consolidate operations for the long term.