More space for container trade growth through Melbourne with DP World Australia expansion DP World Australia's new 30,000 sqm Melbourne terminal expansion, at the former Bentley Chemplax site, was commissioned on Tuesday (15 March 2016), signalling the start of a suite of capital investment projects in 2016-17. The completion of the Bentley Chemplax site delivers an additional 450 ground slots or 100,000 TEU (twenty-foot equivalent unit) of container capacity per annum, increasing the capacity of the terminal to 1.4m TEU per annum. The development is the terminal’s largest expansion project since 2010, and represents the first in a series of new investments in DP World Australia’s hardstand infrastructure, yard equipment and wharf assets. DP World Australia Chief Financial Officer, Jason Varsamidis, said: “We are investing in the future. This terminal expansion demonstrates our commitment to growing our service offering for our customers. “Bentley Chemplax is a part of an extensive capital investment program, which has also seen us invest in new quay and automated stacking cranes, an empty container handling facility in Sydney, and ten new next-generation straddle carriers in Melbourne,” he said. DP World Australia CEO, Paul Scurrah, said: “The additional capacity provides our customers with a greater level of service and increased productivity
SSA Terminals (Oakland) announces the expansion of its Port of Oakland marine terminal facilities. SSA Terminals (Oakland) is expanding its Oakland International Container Terminal (OICT) operations to meet the growing needs of the maritime industry. With the expansion, OICT is the largest container terminal in Northern California, providing a 271-acre facility and servicing 20 international carriers. The enlarged OICT will consist of 5 contiguous berths, stretching no less than 6,000 feet
Ivory Coast's second largest port of San Pedro will hold a roadshow in France and Britain next month as it seeks to raise 180 billion CFA francs ($300 million) to fund upgrades, the port's director said. San Pedro is already the world's leading port for cocoa exports, shipping more than half of total output from Ivory Coast, the top producer of the chocolate ingredient. It also exports coffee, palm oil, timber and cotton.
Sen. Landrieu Announces $10m for Port of Lake Charles Terminal Expansion U.S. Senator Mary L. Landrieu, D-La., a Senior member of the Senate Appropriations Committee, today announced a $10 million grant for the Port of Lake Charles through the Transportation Investment Generating Economic Recovery, or TIGER Grant Program. Today’s grant will expand the Port’s Bulk Terminal. In April, Sen. Landrieu wrote a letter in support of funding the Port of Lake Charles.
Cargotec receives an order to deliver 14 Kalmar automatic stackingcranes & 14 Kalmar one-over-one shuttle carriers to DP World Brisbane Pty. The equipment will be taken into use at the Port of Brisbane. DP World Brisbane will also be using Navis Sparcs N4 TOS in their Brisbane terminal expansion. Deliveries of the equipment are scheduled for 2013 and early 2014. The parties have agreed not to disclose the transaction value.
Crowley solidifies commitment to Puerto Rico with multimillion dollar terminal construction contract Crowley Puerto Rico Services, Inc. announced today that it has executed a $48.5 million construction contract for a new pier at its Isla Grande Terminal in San Juan, Puerto Rico, further solidifying its commitment to the region, the company announced today. In conjunction with the investment, the company and the Puerto Rico Ports Authority (PRPA) have also concluded a 30-year lease
DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada. The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port Authority on a planned expansion programme expected to be completed in 2021, with the lease continuing for 30 years after.
Adani Group turns its flagship port and India’s biggest commercial port at Mundra in Gujarat into a regional transhipment hub by partnering with Terminal Investment Ltd SA, the container terminal operating company majority owned by Geneva-based Mediterranean Shipping Co. SA (MSC), the world’s second biggest container shipping line. Adani Ports & SEZ Ltd (APSEZL), part of the Adani Group, said it will expand its existing terminal International Container Terminal
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.
RoadOne IntermodaLogistics, a single source intermodal, distribution and logistics services company, announced the appointment of Rick Longerbeam as terminal manager for RoadOne IntermodaLogistics’ Norfolk, Virginia location. Rick will lead RoadOne’s expansion in this market to support the intermodal needs of customers in this important Southeast trade region. RoadOne’s recently established agent drayage and brokerage affiliate, U.S
GAC UK has signed a three-year terminal and marine services deal with Valero Logistics UK Ltd. Under the agreement, from 1 February 2017, GAC UK will manage and support the discharge of 12-14MT of clean petroleum products each from up to 180 tankers a year at the ports of Cardiff and Plymouth
Since 2015 BIMCO has been collecting feedback on the performance of port terminals in order to be able to report the results to members and, ultimately, to give further guidance to ships. BIMCO has received over 400 feedback reports from bulk carriers on the performance of dry
BIMCO is seeking to drive the improvement of standards for ships at dry bulk terminals across the world and has launched its first report on terminal performance. Since 2015 BIMCO has been collecting feedback on the performance of port terminals in order to be able to report the
APM Terminals Mumbai, India’s busiest container terminal, has embraced ‘Direct Port Delivery’ (DPD)service initiated by the Indian government as part of its “Ease of Doing Business Program” to enhance India’s access to the global logistics chain.
An agreement between two marine terminal companies located at the Port of Miami went into force yesterday, permitting those parties to seek cooperation and commonality in both business and operating matters. The Federal Maritime Commission (FMC) voted today not to prevent the "Miami Marine
Since it started publishing in 1939, Maritime Reporter & Engineering News has recognized excellence in ship construction. This year 18 ships in total were honored, including many “world firsts.” Seri Camellia - New LNG Carrier for MISC Berhad
Bankrupt South Korean shipping company Hanjin will sell its operations of the Port of Seattle’s Terminal 46 to Switzerland-based Mediterranean Shipping COmpany (MSC) subsidiary Terminal Investment Limited (TIL), reports AP.
Bangladesh Oil, Gas and Mineral Corporation (Petrobangla) signed an initial agreement with India's energy company Petronet LNG Limited to set up an LNG re-gasification terminal on Kutubdia Island and a pipeline at an estimated cost of $950 million.
The family-owned company Sandahlsbolagen Sweden AB has signed a five-year agreement with Gothenburg Port Authority to operate the new intermodal terminal at the port. Operations will commence by end of this month. "Sandahlsbolagen has for long time shown an interest in running a intermodal
The Port of Long Beach’s Harbor Commission on Wednesday approved an agreement to replace the bankrupt operator of its largest cargo terminal. The Long Beach Board of Harbor Commissioners greenlighted the move by a subsidiary of Mediterranean Shipping Co
The ABS-classed Ethane Crystal, the world’s first Very Large Ethane Carrier (VLEC) -- and a Maritime Reporter & Engineering News "Great Ship of 2016" as profiled in the December 2016 edition -- has loaded its first shipment of ethane cargo at Enterprise Products Partner’s
Kalmar has won an order for seven rubber-tyred gantry (RTG) cranes following a call for tender launched by the Algerian port procurement company Groupement D'Interêt Commun Des Entreprises Portuaires (GICEP). The value of the order is approximately EUR 10 million
The Long Beach Board of Harbor Commissioners will consider a proposal by a terminal investor to take over a majority stake in a long-term lease to operate the largest container terminal in the Port of Long Beach. If approved, the pact could bring in business to replace the cargo volume
South Korean ocean carrier Hanjin Shipping Co. signed a deal to sell its stake in the U.S. port operator that runs Long Beach, Calif.’s, biggest container terminal to Mediterranean Shipping Co. (MSC), reports WSJ. Hanjin, which for bankruptcy protection in August
Hongkong International Terminals Limited (HIT), COSCO-HIT Terminals (Hong Kong) Limited (CHT), and Asia Container Terminals Limited (ACT) have entered into a formal collaboration for the co-management and operation of 16 berths across Terminals 4, 6, 7, 8 and 9 at Kwai Tsing, New Territories