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South Florida Container Terminal News

11 Feb 2019

Kalmar Provides Green RTG to Miami Port

Kalmar, the provider of eco-efficient cargo handling equipment and automated terminal solutions, , has signed a deal to supply six Kalmar Zero Emission Rubber-tired Gantry cranes (RTGs) to South Florida Container Terminal, LLC.The cranes will be equipped with a busbar energy system and operator assist features like auto steering and container stack profiling, said a press statement from Kalmar, part of Cargotec.The order was booked in Cargotec's 2019 Q1 order intake with delivery scheduled to be completed in early 2020. This will be the first container terminal in the United States that has 100% zero-emission RTG cranes. These are also the first RTG cranes that will be installed in the Port of Miami.South Florida Container Terminal…

10 Oct 2017

APM Terminals Tacoma Ends Lease

APM Terminals Tacoma concluded its operations on September 30, 2017, ahead of the December 31, 2017 lease expiration date, transferring the lease to Seattle-based SSA Marine who formed a new joint venture with Matson Lines, called SSAT, starting operations October 2, 2017. APM Terminals Tacoma was used primarily by the Matson Alaska Service, with twice-weekly sailings between Tacoma, Anchorage and Kodiak, Alaska, and a weekly service between Tacoma and Dutch Harbor, Alaska, handling a combined 190,000 TEUs in 2016. APM Terminals’ U.S. portfolio includes operations at APM Terminals Pier 400 Los Angeles, the largest proprietary terminal in North America…

29 Jun 2017

Global Shipping Feels Fallout from Maersk Cyber Attack

Photo: A.P. Moller - Maersk

Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry. About 90 percent of world trade is transported by sea, with ships and ports acting as the arteries of the global economy. Ports increasingly rely on communications systems to keep operations running smoothly, and any IT glitches can create major disruptions for complex logistic supply chains. The cyber attack was among the biggest-ever disruptions to hit global shipping.

05 Apr 2017

APM Could Exit Tacoma

APM Terminals Tacoma has received notification from Matson, Inc., its main customer, that Matson does not intend to renew its current terminal services agreement after its expiration on December 31, 2017. Accordingly, APM Terminals is evaluating all options with respect to its existing terminal lease, which is currently set to expire on December 31, 2017. The terminal, with 12 employees, became part of the Maersk Group portfolio with the acquisition of US-based Sea-Land Service by Maersk Line in 2000. The 600,000 TEU annual throughput capacity facility was used primarily by the Matson Alaska Service, with twice-weekly sailings between Tacoma, Anchorage and Kodiak, and a weekly service between Tacoma and Dutch Harbor, handling approximately 190,000 TEUs in 2016.

02 Jan 2017

US FMC approves Miami Marine Terminal conference agreement

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 Terminal Conference Agreement" from taking effect. The South Florida Container Terminal and the Port of Miami Terminal Operating Company filed their agreement on November 16, 2016. Under the terms of their agreement, the companies may establish a variety of common rates, rules, and practices as well as to meet to discuss these matters. "These two facilities…

29 Dec 2016

FMC Green Lights Miami Terminal Partnership

File photo: South Florida Container Terminal

An agreement between two marine terminal companies located at the Port of Miami will go into force on December 31, 2016, permitting those parties to seek cooperation and commonality in both business and operating matters. The U.S. Federal Maritime Commission (FMC) voted Thursday not to prevent the Miami Marine Terminal Conference Agreement from taking effect. The South Florida Container Terminal and the Port of Miami Terminal Operating Company filed the agreement on November 16, 2016.

13 Jun 2013

China Merchants Holdings Complete Terminal Link Deal

Closing Ceremony: Photo credit China Merchants

China Merchants Holdings (International) announce completed acquisition of a 49% stake in container port operators Terminal Link from CMA CGM. "The smooth completion of this transaction,"China Merchants Group Assistant President & CMHI Managing Director Dr Hu Jianhua indicates," reflects the recognition and consent to the transaction from the governments from whose regulatory units consents and approvals were obtained. "The smooth completion of this transaction,"China Merchants Group Assistant President & CMHI Managing Director Dr Hu Jianhua indicates…

11 Jun 2013

CMHI and CMA CGM Complete Terminal Link Transaction

China Merchants Holdings (International) Company Limited (CMHI) and CMA CGM are pleased to announce the completion on June 11, 2013 of the sale and purchase of the 49% equity stake in Terminal Link, upon the obtaining of all consents and approvals in various jurisdictions and the completion of certain pre-closing corporate reorganizations as stipulated under the terms of the Acquisition Agreement. CMHI's intention to acquire from CMA CGM 49% equity interest in Terminal Link for €400 million was announced earlier in January. The Completion was formalised by the signing by both parties of a Shareholders Agreement. Among the many guests attended the signing ceremony in Luxembourg of the Shareholders Agreement were CMA CGM Executive Officer Farid Salem…

27 May 2013

Maersk Transpacific 7 Service Arrives to Miami

Photo: Maersk

Maersk Line, the global containerized division of the A.P. Moller – Maersk Group, added Port Miami to its Transpacific 7 (TP7) Service. The first call for the TP7 Service started today at PortMiami with the arrival of the Maersk Kristina, a 6,700 TEU (twenty foot equivalent unit) cargo vessel. The service’s line up will include additional cargo vessels with a capacity of 8,700 TEUs. The South Florida Container Terminal Miami will handle the new service at their PortMiami cargo yard.