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
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.
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.
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.
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
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
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.
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
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.
Company blames softer market conditions; plan to add 1.5 mln TEU to Terminal 3 delayed into 2017. DP World, one of the world's largest port operators, is delaying the expansion of Dubai's Jebel Ali port, its main facility, because of softer market conditions, the company said on Thursday.
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.
The Oregon Department of Transportation has awarded a ConnectOregon grant of $2.6 million to the Port of Portland along with tenant Auto Warehousing Co. to fund part of a $7 million expansion of auto handling facilities in the Rivergate Industrial District near Terminal 6
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
Dubai-based port operator DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal (RTC) at Saint John in New Brunswick, Canada. The global trade enabler will start running existing operations on 1 January 2017
As the leader of customer-focused terminal operations in North America, GCT USA has welcomed the Hyundai Saturn to GCT Bayonne. The Saturn is the first of five Hyundai ships in the G6's New York Express (NYX) service calling the port of New York and New Jersey through the
Malaysian port operator Westports Holdings saw second quarter net profit jump 31% to MYR159.9m ($39.6m) from MYR122.1m in the previous corresponding period due to an increase in container volumes. Correspondingly, revenue also climbed to RM522.6mil from RM405.3mil last year.
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
The first of a new class of “Neo-Panamax” shipping vessels called the Port of Philadelphia to begin a new phase of transport along the Delaware River. The MSC Sofia Celeste, an 8,800 TEU (Twenty-foot Equivalent Unit) vessel operated by the Mediterranean Shipping Company
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.
In response to strong demand for satellite-based maritime connectivity, Global VSAT Forum (GVF) and Intellian have launched an Intellian Specialist Certification programme, including an initial course in terminal operation, GVF 562N, specifically for seafarers.
Indian Shipping Minister Nitin Gadkari has layed the foundation stone for a multi-modal terminal at Varanasi. The phase-I of the multi-modal terminal will be built by AFCONS Infrastructure at an estimated cost of Rs.170 crore and is slated to completed by August 2018.
International law firm Watson Farley & Williams advised Global Ports Holding on the acquisition of two significant stakes in Venezia Terminal Passeggeri S.p.A made via Venezia Investimenti S.r.l., which is jointly owned in equal shares by GPH and fellow industry leaders Costa Crociere
Petronet LNG Ltd has annouced that the part facilities of the expansion of Dahej LNG Terminal from 10 tlko 15 MMTPA i.e. regasification facility has been commissioned and under stabilization. As such the additional gas send-out from Dahej LNG terminal in the north-west
Today South Carolina Ports Authority reported 2016 fiscal year-end operating earnings of $39 million, revenues of $211 million and operating expenses of $172 million. "The Port closed the FY2016 books with solid financials, reflecting our commitment to achieving the necessary