Hong Kong-based Orient Overseas International Ltd. (OOIL) said that it will sell Long Beach Container Terminal (LBCT) to a consortium led by Australia’s Macquarie Group for $1.78 billion.OOIL, which is majority-owned by Cosco Shipping Holdings…
A cargo of handling equipment for NUTEP terminal in the Black Sea port of Novorossiysk was successfully delivered on board M/V Zhen Hua 19 to the Port of Novorossiysk.The equipment was supplied by Chinese producer ZPMC. The shipment include 3 STS cranes…
Port of Newcastle issued a media release announcing that Infrastructure NSW, an Australian government entity, had withdrawn A$12.7 million funding for the project.“Infrastructure NSW has advised that the AUD12.7 million funding for the cruise terminal project is no longer available…
Johor Port Berhad has signed an agreement with Petronas LNG Ltd. to provide marine services for vessels that receive gassing up and cooling down (GUCD) services at PLL’s Regasification Terminal Pengerang.According to a press release from integrated…
Global ports operator DP World and industrial engineering firm SMS Group announced 'Boxbay', a new and 'smart' shipping container storage system that aims to change the way that containers are handled in ports.The patented design and rack structure…
The Freeport of Riga in Latvia has announced that it has signed a cooperation agreement with the Port of Qingdao in China, one of the ten busiest ports in the world.According to a statement, the goal of the agreement is to facilitate trading…
Brisbane has launched the construction of the new International Cruise Terminal, heralding the start of a new era for Queensland's economy.The $158 million project is scheduled to open in October next year, with the potential to more than double Brisbane's cruise industry…
The Port Commission of the Port of Houston Authority has decided to accelerate widening of the Houston Ship Channel, the nation’s busiest waterway.The Port Authority is working with the U.S. Army Corps of Engineers (USACE) and other representatives of the federal government…
International Container Terminal Services Inc (ICTSI) has inaugurated container operations at TecPlata, located in Argentina’s Puerto de La Plata.The opening ceremony was attended by the vice governor of the province of Buenos Aires, the Minister of Production and several other national…
APM Terminals, an international container terminal operating company headquartered in The Hague, said that its Gothenburg unit has launched The Gothenburg Gateway.Gothenburg Gateway will ensure that a container placed on a freight train anywhere…
Dutch oil and chemicals storage company Royal Vopak has agreed to sell three terminals - Algeciras, Amsterdam and Hamburg - to First State Investments for 723 million euros ($812 million).'This divestment follows the strategic review of these terminals as announced on 17 August 2018…
The Aframax tanker ProStar recently made its first North American delivery to discharge 442,131 barrels of jet fuel at Seaport Canaveral.'820-foot-long ProStar – first of its kind vessel to berth at Port – makes its inaugural North American delivery of transportation fuels to Seaport Canaveral…
Kalmar has concluded a deal to supply a total of three Kalmar Ottawa Electric Terminal Tractors T2E to the Mexican bakery product manufacturer Bimbo.Kalmar, part of Cargotec, said in a press release that the order was booked in Cargotec's 2019 Q1 order intake…
APM Terminals Algeciras hits a new Port Moves Per Hour (PMPH) record for a vessel berthed at Juan Carlos I berth. On Monday, 25th of March, 187,82 PMPH were registered on MSC Kalina.The Operations Department of the largest terminal in the Mediterranean…
Contship Italia SpA has sold its 50 percent share in the southern Italian port of Gioia Tauro, which includes the Medcenter Container Terminal (MCT).A press release said: 'Contship, a fully controlled subsidiary of Terminal Investment Ltd (TIL)…
