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Container Terminal

P&O Reported To Take Over New York Container Terminal

British shipping giant P&O is poised to take over operations at New York's largest container terminal, the Sunday Telegraph newspaper reported. It said P&O would pay $650 million for a 30-year concession on the terminal at Port Newark, which is the second largest container port in the U.S. by throughput. It said the group was also negotiating a new 56-acre container terminal deal in New Orleans, and the acquisition of a third terminal in Buenos Aires.


ICTSI Names Head for Australian Unit

International Container Terminal Services Inc. (ICTSI) has appointed Anders Dommestrup as Chief Executive Officer of its Australian subsidiary, Victoria International Container Terminal Ltd. “We are extremely pleased to welcome Mr. Dommestrup into the ICTSI Group. With his extensive and leading industry experience and expertise, we believe that he can provide exceptional leadership to our new project at Webb Dock East in the Port of Melbourne,” says Christian R


KCI Konecranes for Gdynia Port

KCI Konecranes has been contracted for the design and supply of two Post Panamax Ship-to-Shore (STS) container cranes for Baltic Container Terminal (BCT) in Gdynia, Poland. The cranes will be delivered before the end of 2006. Baltic Container Terminal (BCT) achieved a throughput of 372,000 TEU in 2004 and is on course for another healthy increase in throughput in 2005. BCT has seen consistent double-digit traffic growth since its


Transas simulation solutions help to develop a plan of the New Container Terminal in MIP, Turkey

transas-simulator.jpg

Dokuz Eylul University Maritime Faculty, Turkey has conducted a study to develop a new "East Mediterranean Container Terminal" in Mersin International Port (MIP) using Transas Simulation solutions. Yapı Proje Uygulama (YPU) that manage construction project of new container terminal chose the Dokuz Eylul University Maritime Faculty for this project after a comprehensive market research. Vice President of YPU Mr


Columbia Container Terminal Orders Tideworks TOS

Tideworks Technology® announce that Barranquilla Container Terminal chooses its Terminal Operating System (TOS). Barranquilla Container Terminal is a joint venture between SSA International and Sociedad Portuaria del Norte (SNP). The new facility will be managed by Santa Marta International Terminal Company (SMITCO) and will initially have capacity for approximately 122,000 TEU annually. Barranquilla Container Terminal plans to expand the container yard to five hectares and increase


Canadian Port to Boost Container Capacity by 50%

Tugs escort a container vessel to Fairview Container Terminal (Image credit: Prince Rupert Port Authority)

Maher Terminals Holding Corp said on Tuesday it would boost container-handling capacity by more than half at the Port of Prince Rupert under an expansion of its container terminal at the northern British Columbia port.   The Fairview Container terminal will be expanded to 1.3 million 20-foot equivalent units (TEUs) per year, up from its current capacity of some 850,000 TEUs. Construction is set to start in April and is expected to wrap up by mid-2017.    


Sri Lanka to Establish Terminal for Cruise Ships

Colombo Port. Image by Sri Lanka Ports Authority

 A fully-fledged cruise terminal is to be set up at Colombo port given the increasing number of calls by cruise vessels, according to Lakdas Panagoda, chairman of the Sri Lanka Ports Authority (SLPA).   The SLPA plans to convert the Bandaranaike Quay (BQ) of Colombo port into a “fully-fledged international cruise terminal,” Panagoda said. This was one of the initiatives taken by the SLPA during the new administration in the past six months, he said.  


Report Discusses Container Terminal Focus to 2007

OneStone Consulting Group in Buxtehude/Hamburg has just finished a new market report about the container handling industry. The executive style report provides key market indicators on container throughput, including a detailed outlook to 2007 in five geographic world areas. Moreover latest container terminal benchmarks are presented and discussed to improve terminal and crane productivity and to overcome terminal bottlenecks


Business As Usual At Manila Container Terminal

Operations resumed at the Manila International Container Terminal after striking workers cleared barricades preventing entry to the port, a senior Philippine official said. National Labor Relations Commission chief said the government asked the 90 striking workers of the International Container Terminal Services to clear the barricades on Thursday night and return to work because of the negative effect of the closure of the MICT on the economy.


Brookfield Acquires Australian Port and Railroad Operator for $8.6-billion

Patrick Terminals and Logistics. Photo: Asciano Limited

 A group lead by Brookfield Infrastructure Partners, a global asset manager, had reached an agreement to buy the Australian port and railroad operator Asciano for about $8.8 billion in cash and stock, and that it was shopping for ports farther afield in a push to expand, reports NY Times.   Brookfield says the acquisition of Patrick terminal will lay the foundation for a global container terminal presence, building on its facilities at Teesport, U.K., and the Port of Los Angeles


APM Terminals to invest $70 mln in Port Elizabeth Terminal

Port Elizabeth

The Port of New York and New Jersey is the largest port on the US East Coast and third largest in the United States with 6.37 million TEU handled in 2015.  In 2014, The Port Authority of New York and New Jersey committed to a ten year, agency-wide capital investment campaign for


Long Beach Port Acquires 125 Acres for Cargo Ops

(Seated, from left) Kim Ostrowski, Director of the Navy Base Realignment and Closure Program Management Office West; Maritime Administrator Paul “Chip” Jaenichen; Harbor Commissioner Tracy Egoscue; (standing, from left) Richard Cameron, Port Managing Director of Environmental Affairs and Planning; Long Beach Vice Mayor Rex Richardson; Port CEO Jon Slangerup; former Long Beach Mayor Beverly ONeill; and Long Beach Councilmember Roberto Uranga, District 7.)

U.S. Navy, Maritime Administration and California Environmental Protection Agency representatives joined City and Port officials today to commemorate the approval to transfer ownership of 125 acres of the former Naval Complex to the City of Long Beach.


Krishnapatnam Port, Maersk Launches Mainline Service for China

Krishnapatnam port

Krishnapatnam, the country’s largest all-weather; deep water port on the east-coast of India has marked another milestone towards operational excellence as it launched its weekly mainline service from China to Krishnapatnam Port. The service to be operated by Maersk line in partnership with


Advent Hires Banks to Sell Control of Brazil Port

Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port


Cosco Eyes Spanish port of Algeciras

Photo by Port of Algeciras

 Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate, says a report by Caixin.   According to port authority


Green Awards for MOL from LA, Long Beach Ports

At the Los Angeles Vessel Speed Reduction Award Ceremony Mitsui O.S.K. Bulk Shipping (USA), LLC. General Manager Ryosuke Sugimoto (third from left)and Tetsuo Fukumitsu (second from right) Photo MOL

Mitsui O.S.K. Lines, Ltd. today earned recognition from the ports of both Los Angeles and Long Beach, California, for its efforts to ensure compliance with standards that call for vessels to slow down within 40 nautical miles (nm) of the shore.


Jakarta's New Container Terminal Starts Operating

A new container terminal at Tanjung Priok Port in Jakarta, Indonesia

On August 18, a new container terminal built by NYK Line together with PT. Pelabuhan Indonesia II (Persero) (IPC), Mitsui & Co. Ltd. and PSA International Pte Ltd  opened for commercial service at Tanjung Priok Port in Jakarta, Indonesia.


New Container Service from New Orleans to S. America

4,298-TEU capacity CMA CGM Jamaica (Photo: Port of New Orleans)

The world’s third largest container shipping company initiated a new direct service from the Port of New Orleans to the west coast of South America this week. Marseille, France-based CMA CGM launched its Med Americas service with the arrival over the weekend of the container ship Pomerenia


Hot Month at Marseille Fos

In contrast to an international downturn, French port Marseille Fos has reported exceptional results for July with 7.8 million metric tons of cargo and 387,000 passengers – up by 18.6 percent and 13 percent respectively on the same month last year.  


Northwest Seaport Alliance Extends Peak Season Gate Hours

Photo: Don Wilson / Port of Seattle

The Northwest Seaport Alliance said it will reimburse up to $2 million to extend gate hours at its international container terminals during peak season.   With a 3 to 5 percent increase in cargo volume forecasted during peak season, which will start in late August and continue through early


Radio Holland Opens Office in Malaysia

From left: Agnesmary Selvam, Nourlinaeim Bin Ramlee, Mohd Rashidi Bin Ramli, Mohd Hanafiah Bin Mohamad, Rajalingam A/L Raman (Branch Manager), Uvarajan S/O Goval (Assistant Manager), Mohd Ariff Rezuan Bin Roslan and Vickneswari Periasamy. (Photo:Radio Holland)

Radio Holland Malaysia opened a new office in Johor, Malaysia to support shipping in the ports of Johor and the vicinity. Over the years, Radio Holland Malaysia has expanded its business to the Southern Region of Malaysia known as Gelang Patah, Johor


Cosco Acquires 51% of Piraeus Port

File photo: Piraeus Port Authority

China's COSCO Shipping , owner of the world's fourth largest container fleet, took a 51 percent stake in Greece's largest port on Wednesday. The sale of Piraeus Port had been suspended by the leftist-led government when it won elections in January 2015 but talks resumed after Greece agreed an


South Carolina is Getting Big-ship Ready

SCPA celebrated the arrival of two new super post-Panamax cranes in the Charleston Harbor on Friday. (Photo: SCPA)

The delivery of two super post-Panamax cranes at South Carolina Ports Authority (SCPA) on Friday marked another step in the port’s push for big ship readiness, to be followed in the coming years by the completion of the Wando Welch wharf project and harbor deepening to 52 feet. 


COSCO to buy 51 pct stake in Piraeus Port

China COSCO Shipping, which owns the world's fourth largest container fleet in terms of capacity, is expected to wrap up the purchase of a majority stake in Greece's largest port, Piraeus Port (OLP), next week, sources close to the matter said on Friday.


M&A Deals Change the Landscape in the Container Ports Industry

Table: Drewry Shipping Consultants Limited

 Softening demand growth coupled with larger liner shipping alliances and bigger ships is moving the container ports industry towards a value sector from growth sector, albeit still highly profitable, according to the Global Container Terminal Operators Annual Report 2016 published by global






 
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