US Questions COSCO's Long Beach Terminal Takeover
A U.S. national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported on Friday.The terminal is part of COSCO's planned $6.3 billion deal to buy shipping firm Orient Overseas International Ltd (OOIL) , the Journal reported, citing people familiar with the matter.COSCO executives met with officials at the Committee on Foreign Investment in the United States (CFIUS) this week and proposed to divest or carve out the Long Beach terminal to ease U.S.
Port of Rotterdam Freight Throughput Falls in 1Q
In the first quarter of 2018, 1.2% less freight passed through the Port of Rotterdam than in the same period last year. In total, 117.8 million tonnes were handled against 119.3 million tonnes in the same period in 2017. The fall mainly concerned the throughput of coal, iron ore, scrap and crude oil. In contrast, the growth in container throughput continued to increase significantly (+6.1% in TEU, +4.6% in tonnes). The throughput of mineral oil products increased, particularly distribution. The throughput of biomass and LNG increased spectacularly.
Bayonne Container Terminal Upgrade Celebrated
GCT Global Container Terminals Inc. (GCT) says it celebrated the grand opening of its newly expanded, semi-automated facility in Bayonne, New Jersey, which is intended to be the most productive marine terminal on the US East Coast once complete in summer 2014. Following four years of careful planning and construction, more than 400 of GCT’s customers, stakeholders, vendors, contractors, workforce, and staff were on hand to witness the efficiency and optimization that is at the heart of the container terminal. Global Terminal was designed with safety in mind.
Evergreen Affirms Commitment to the Port of Kaohsiung
Evergreen Marine Corp (Taiwan) Ltd, which currently operates two large container terminals in the Port of Kaohsiung, has extended its lease on its Container Terminal No 4 facility (Piers 115 and 116) for a further 10 years. The lease extension contract, which covers the period from 1 March 2008 to 28 February 2018, was signed by EMC’s President, Jack Yen, and Director-General of the Kaohsiung Harbour Bureau, Ming-Hui Shieh, at the Evergreen International building in Taoyuan on 27 December. Container Terminal No 4 opened for business in 1987 on a 206,480m² site with a total quay length of 596m. The berths are served by six post-Panamax gantry cranes, 26 rail mounted gantry cranes and six empty container stackers.
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.
Cargotec's Kalmar SmartPort Automation is Key
Global Container Terminals in New Jersey plans to implement Cargotec's Kalmar SmartQuay solution for six quay cranes as part of an ongoing automation project. The SmartQuay solution improves productivity during vessel operations and is delivered in partnership with APS Technology Group, part of the Kalmar SmartPort Alliance. The system automates data capture for all container movements, automatically builds ship plans and provides tools for managing traffic at the quay. The crane solution utilizes optical character recognition (OCR) technology to automate data capture for all container movements. Global Container Terminals is also implementing APS MatchMakerTM solution to automatically associate containers to terminal-owned trucks during handoff…
Giant Container Terminal Expansion for U.S. Port
Global Container Terminals Inc. Global Container Terminals Inc., a leading North American marine terminal operator with facilities on both coasts, has unveiled final plans for a multi-million dollar expansion project to develop a 70-acre technologically advanced container terminal on the Bayonne, NJ, waterfront. When complete, Global Terminal at Port Jersey will be the most advanced marine terminal in the Port of New York and New Jersey. The expanded facility, scheduled to open in 2014, will improve the competitiveness of the Port of New York and New Jersey with a world-class terminal designed to handle the largest container vessels at greater throughput density per acre.
Second Ivory Coast Container Terminal
Contract awarded for a second container terminal that will double the African state's capacity. The Ivory Coast Government has awarded a contract for the construction of a second container terminal at the port of Abidjan to a consortium of French companies Bollore, Bouygues and Danish group AP Moller-Maersk A/S. The project envisages the design, financing, construction, development, equipment and operation of the terminal, which will have a capacity to service 1.5 million twenty-foot equivalent containers (TEUs) annually. Source: GAC
Concor Consortium to Bid for Colombo Container Terminal
Container Corporation of India (Concor) has formed a consortium with APM Terminals B.V., John Keells Holdings and Maersk Line in order to bid for the development of East Container Terminal in Colombo, reports Hindu Business Line. The total project value is likely to be about $550-600 million. The Colombo Port currently has four container terminals. In 2008, a new harbour basin, the Colombo South Harbour was developed to accommodate deep draft vessels and the Sri Lanka Ports Authority (SLPA) decided to develop four new terminals…
APM Terminals Mumbai Handles Record Volumes
APM Terminals Mumbai, India handled a record 2.3 million TEUs during its 2017-2018 financial year. This is the terminal’s highest volume since the terminal was built in 2006. The terminal received over 633 vessels over the course of the year. The terminal is no stranger to records. In financial year 2014-2015 the terminal already created the Indian National Maritime Record handling 2.01 million TEUs, approximately 20% of India's containerized cargo. Commenting on the achievement…
DP World Australia Extends Partnership with CMA CGM
DP World Australia announced the signing of a long-term partnership extension regarding service of CMA CGM Group vessels by DP World Australia at its terminals in Brisbane, Sydney, Melbourne and Fremantle. This partnership extension brings two market leaders of the Australian port logistics sector closer together. CMA CGM Group’s high-quality shipping services, which include ANL and APL, will leverage DP World Australia’s container terminal and intermodal footprint. DP World Australia’s CEO and Managing Director…
ICTSI Finalizes Deal for Colombia Port
According to reports, ICTSI Ltd., a wholly-owned unit of International Container Terminal Services, has finalized agreements to put up a $180m multi-user container terminal at the Port of Buenaventura in Colombia as well as acquire Sociedad Puerto Industrial de Aguadulce S.A. (SPIA). The estimated total investment requirement includes the construction and development of a 700,000 TEU per annum container terminal. Construction is scheduled to begin in November this year, with expected completion within 18-24 months thereafter. Source: ABS CBN
PNCT Grand Opening Marks New Beginning
Port Newark Container Terminal (PNCT), the $175 million terminal redevelopment project in Port Newark, N.J. has officially opened its gates for business. At a ribbon-cutting ceremony today, PNCT was christened by the U.K.’s HRH Prince Andrew to be the most advanced, international, multi-user container facility on the east coast. The joint venture company of P&O Nedlloyd and P&O Ports, Port Newark container Terminal signed a 30-year lease with the Port Authority of New York and New Jersey in 2000 to operate a 176-acre container terminal in Port Newark. For the past three years PNCT has been a working container terminal as two phases of the redevelopment process were in progress.
Konecranes Wins Container Crane Orders to Russia
Konecranes has received orders for five ship-to-shore (STS) cranes and fourteen rubber tired gantry (RTG) cranes to three container terminals of National Container Company (NCC) in Russia. The cranes will be delivered to NCC's subsidiaries First Container Terminal (FCT) in St. Petersburg, Baltic Container Terminal (BCT) in Ust-Luga and the inland terminal Shushary. The total value of the orders is over $56.7m. The procurement of container handling equipment is part of NCC's terminal expansion and development plan. The ordered equipment will increase throughput capacity of the existing terminals and improve productivity. Konecranes will deliver one STS crane and ten RTGs to FCT in St.
Transas simulation solutions help to develop a plan of the New Container Terminal in MIP, Turkey
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. Ali Ihsan GUNER stated: "Dokuz Eylul University Maritime Faculty has the most advanced simulation system and the most experienced academic staff for Port Design and Planning in Turkey".
Sohar Port, Oman, Fully Operational by January 2014
Construction of the new 70-hectare container terminal at Port of Sohar begins shortly, operational in 2014. As part of the expansion deal, container-terminal operator Hutchison Whampoa has signed an agreement for developing the 70-hectare container terminal for Oman International Container Terminal which will raise capacity from 800,000 Twenty-foot equivalent units (TEUs) to 1,500,000 TEU's. Port of Sohar is a deep sea port in the Middle East situated in the Sultanate of Oman, 220km northwest of its capital Muscat. The management of this industrial port lies with Sohar Industrial Port Company SAOC (SIPC), a 50/50 joint venture between the Government of Oman and the Port of Rotterdam. Port of Sohar houses three clusters: logistics, petrochemicals and metals.
Dalian Port Merges Container Terminal Facilities
China's Dalian Port (PDA) Company announced that its subsidiary Dalian Container Terminal Company inked deals to acquire the total assets, liabilities, interests, and businesses of two container terminal subsidiaries, Dalian Port Container Terminal (DPCT) and Dalian International Container Terminal (DICT). "Dalian Port Container entered into the Equity Transfer Agreement with the Vendor, pursuant to which the Vendor conditionally agreed to sell, and Dalian Port Container conditionally agreed to purchase the Sale Shares…
Global Ports Revenues Fall
Global Ports Investments PLC's container traffic slumped 31 percent and revenue sank 28 percent in 2015. Global Ports Investments' revenues fell to USD405.7 million in the year to the end of December. Net loss of the port operator in 2015 amounted to $33.7 million versus $197.3 million net loss a year earlier, the financial report said the company’s financial and operating results for the year of 2015. Thus, the net loss decreased in 5.8 times. The leading operator of container…
Foundation Stone for Adani Ennore Container Terminal laid
Adani Ports & SEZ Ltd, India’s largest port developer and part of Adani Group, today announced that Minister for Transport and Rural Development, Mr. Foundation Stone for Adani Ennore Container Terminal laidor its container terminal at Ennore port. The terminal, which will be constructed in two phases, is expected to be commissioned in March 2016. On completion, it will be a 730 meter terminal, with 31.5 hectares of back area, and capable of handling 1.4 million TEUs annually.
Long Beach Port Launches Zero-Emissions Project
Officials from the Port of Long Beach, Southern California Edison and the California Energy Commission today launched the nation’s largest pilot project for zero-emissions cranes and other cargo-handling equipment for seaports. Funded mostly by a $9.7 million grant from the California Energy Commission, the project will bring 25 vehicles that are zero- or near zero-emissions to Port of Long Beach marine terminals for one year to test their performance in a real-world setting.
NOL Opens Terminal Ahead of Schedule
Today, NOL Group opened its new terminal at the Port of Qingdao with the arrival of the APL Dubai. Originally expected to open in the second half of 2011, the joint venture container terminal opened for business well ahead of schedule. NOL, together with SITC International Holdings Company Limited, a PRC-based shipping logistics company, formed a partnership with Qingdao Qianwan United Container Terminal Co., Ltd. (QQCTU) in May 2011 to operate the terminal. NOL said the terminal will primarily serve vessels operated by APL and SITC. The inaugural call at the terminal was made today by the APL Dubai, a 6,574-TEU vessel on APL’s West Asia Express service.
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 capacity to 190,000 TEU during a second phase of development. The terminal will deploy Tideworks’ Mainsail Terminal Management System®, Forecast® by Tideworks and Spinnaker Planning Management System® to manage container operations.
Alabama State Port Authority Far East Service
The Alabama State Port Authority and Mobile Container Terminal, LLC announced a new all-water container service between the Port of Mobile and Far East. CMA CGM added the Ports of Mobile and Pusan, Korean to its PEX3 service between the U.S. Gulf of Mexico and Asia. CMA CGM, through its division, Terminal Link, is a partner in the 18 month-old Mobile Container Terminal at the Port of Mobile. In 2005, CMA CGM’s division Terminal Link, APM Terminals Americas, a subsidiary of the A.P.