Ports & Terminals

Sri Lanka backs China port city deal after threat to cancel

Reuters | February 05, 2015 | Ports & Terminals | Ports

Sri Lanka’s cabinet said on Thursday it would allow a $1.5 billion “port city” deal with China to go ahead, apparently dropping its earlier threats to cancel the project, approved by the last government. Read More »

Greece will not cancel completed privatisations according to a government source

Reuters | February 05, 2015 | Ports & Terminals | Ports

Greece does not plan to undo privatisations that have already been completed but will only reassess state divestments that were in the previous government’s pipeline, a government official said on Thursday. Read More »

U.S. West Coast shippers invoke specter of port shutdowns

Reuters | February 04, 2015 | Ports & Terminals

The chief labor negotiator for shippers and terminal operators at 29 U.S. West Coast ports raised the ante in contract talks with the dockworkers’ union on Wednesday, warning that ports plagued by chronic cargo slowdowns were days away from complete gridlock. Read More »

Contract negotiators for U.S. West Coast ports hit snag

Reuters | February 04, 2015 | Ports & Terminals | Terminals | Terminal Operator

Shipping companies and terminal operators for 29 U.S. West Coast ports appeared to have hit a snag on Wednesday in protracted labor negotiations with the dockworkers’ union, calling a news conference to publicly address the status of the talks. Read More »

Suez Canal sets discount for LNG carrier transit toll at 25%, down from 35%

Reuters | February 04, 2015 | Ports & Terminals

Suez Canal transit tolls will remain steady in 2015 except for a reduction in the discount for liquefied natural gas (LNG) carriers, the canal authority said. Read More »

Around 12 million tons of iron ore stuck at Indian ports

Reuters | February 04, 2015 | Ports & Terminals

Around 12 million tons of low-grade iron ore has been stuck at Indian ports for months, stranded as hefty export taxes and plunging prices make higher quality ore more appealing to buyers, said industry and government officials. Read More »

New Costa Rica port to open in 2018, says APM Terminals

Reuters | February 04, 2015 | Ports & Terminals

A port being built on Costa Rica's east coast by APM Terminals will begin operating in 2018, after labor and environmental concerns threatened to derail the country's biggest infrastructure project. Read More »

ADM-Glencore grain port venture to shuffle Brazil grain flows

Reuters | February 04, 2015 | Ports & Terminals

Plans by commodities trading rivals Archer Daniels Midland Co and Glencore PLC to jointly develop an export terminal in northern Brazil promise to shift grain flows both within South America's largest producer and to Asian importers. Read More »

Port Everglades partners with State and FECR to strengthen landside cargo connections

AJOT | February 04, 2015 | Ports & Terminals

Broward County's Port Everglades, already Florida's leading container port moving more than one-million TEUs (20-foot equivalent units) annually, the standard for measuring containers), is partnering with public and private entities on several multi-million-dollar landside infrastructure improvements designed to improve connections with South Florida's major highway and railroad systems.
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NY/NJ cargo facility fees vote with NY State Senate

AJOT | February 04, 2015 | Ports & Terminals

In Albany, New York, SB 2648, legislation to eliminate the Container Freight Charge (CFC) was approved by the Senate Corporations, Authorities, and Commissions Committee February 2, 2015.  Read More »

Suez Canal reduces discount for LNG carrier transit toll from 35%, down to 25%

Reuters | February 04, 2015 | Ports & Terminals | Canal and Waterway

Suez Canal transit tolls will remain steady in 2015 except for a reduction in the discount for liquefied natural gas (LNG) carriers, the canal authority said on Wednesday. Read More »

New Costa Rica port to open in 2018, says Maersk unit

Reuters | February 03, 2015 | Ports & Terminals | Ports | Container Port

A port being built on Costa Rica’s east coast by APM Terminals, a unit of Danish-based Maersk Group, will begin operating in 2018, after labor and environmental concerns threatened to derail the country’s biggest infrastructure project. Read More »

ADM to sell 50% stake in Brazil export terminal to Glencore

Reuters | February 03, 2015 | Ports & Terminals

U.S. agribusiness company Archer Daniels Midland Co has agreed to sell a 50-percent stake in its Barcarena grain export terminal in northern Brazil to commodities trader Glencore PLC, the company said during an analyst call. Read More »

Odebrecht sees Cuban port expanding sooner with better US ties

Reuters | February 03, 2015 | Ports & Terminals

Cuba's improved relations with the United States could lead to a more rapid expansion of the port upon which the country has staked much of its economic future, an executive whose company built the port said. Read More »

Halifax Port Authority releases economic impact report findings

AJOT | February 03, 2015 | Ports & Terminals

The Port of Halifax is a regional economic engine, worth over $1.6 billion to the economy of Atlantic Canada in 2013, according to the most recent economic impact report. Read More »

New quay for UWT container centre 

AJOT | February 03, 2015 | Ports & Terminals

The quay will have a length of 165 metres and an initial depth of 7 metres and eventually around 10 metres. UWT will use the quay to replace one of the current ones in the 1st Eemhaven. The construction of the quay was commissioned by the Port of Rotterdam Authority and is expected to be completed at the end of September. Read More »

ISS Palumbo UK acquires Union Transport (Newcastle)

AJOT | February 03, 2015 | Ports & Terminals

ISS Palumbo UK, part of Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has acquired UK freight forwarding specialist Union Transport (Newcastle) Ltd. Read More »

Port of New Orleans sets container volume record in 2014

AJOT | February 03, 2015 | Ports & Terminals

The addition of new shipping services and an uptick in the national economy contributed to record container volumes at the Port of New Orleans in 2014. According to year-end totals, 490,526 twenty-foot-equivalent units moved through the Port’s Napoleon Avenue Container Terminal during the 12 months – an 8.8 percent increase over the 2013 total of 451,057. Read More »

CenterPoint completes container yard for KW International in Savannah, GA

AJOT | February 03, 2015 | Intermodal | Ports & Terminals

CenterPoint Properties has announced the completion of a built-to-suit container yard for KW International, an international third party logistics provider, at CenterPoint Intermodal Center – Savannah. Read More »

Orange EV announces an on-road, zero-emission electric terminal truck

AJOT | February 03, 2015 | Intermodal | Road | Ports & Terminals

Orange EV announced it is now offering zero-emission electric terminal trucks for on-road use in addition to trucks its produces for off-road use. Operators moving trailers among different facilities and requiring on-road access can enjoy the same reduced-cost, zero emission solution as an off-road yard truck operator. Read More »