Ports & Terminals

DP World sells stake in Russian firm for $230 million

AJOT | October 21, 2012 | Ports & Terminals

Dubai port operator DP World sold its quarter stake in a Russian container terminal to Global Ports Investment for $230 million, as part of efforts to dispose of non-core assets. Read More »

Hong Kong makes its biggest seizure of illegal ivory

AJOT | October 21, 2012 | Ports & Terminals

Hong Kong seized HK$26.7 million ($3.5 million) of ivory tusks and ornaments smuggled from Africa, authorities said, the territory's largest ever seizure of illicit ivory that is still widely sought despite an international ban. Read More »

Port of Oakland Announces Important Management Assignments

AJOT | October 21, 2012 | Ports & Terminals

The Port of Oakland took action today to ensure continuity of business operations. Effective immediately, Executive Director (Acting) Deborah Ale Flint made the following management assignments: Read More »

Premium Article  Antwerp eyes bigger role in Far East and other trade lanes

Leo Ryan | October 18, 2012 | International Trade | Ports & Terminals

Among the northern European ports on the Le Havre-Hamburg range, Antwerp has in recent years become a bigger factor on various world trade lanes and is now going after the significant markets opening up for the new generation of mega-containerships thanks Read More »

Premium Article  New names shine; Germany’s first deepwater container terminal has officially opened for business.

Paul Richardson | October 18, 2012 | Ports & Terminals

Jade Weser Port, Wilhemshaven, operated by Eurogate Container Terminal Wilhemshaven GmbH & Co KG, a joint venture between, Eurogate GmbH & Co, KGaA, KG, the holding company of the Eurogate Group, and APMT Wilhelmshaven GmbH, an indirect fully-owned subsid Read More »

Premium Article  Californian ports hold their own

Paul Richardson | October 18, 2012 | Ports & Terminals

By Paul Richardson, AJOT

California’s main container ports have managed to hold their own despite carrier capacity withdrawal programs. Read More »

Premium Article  California’s Secondary Ports

George Lauriat | October 18, 2012 | Ports & Terminals

By George Lauriat, AJOT

California’s “secondary ports” are secondary in name only as they are first class in their contribution to the Golden State’s economy. Read More »

Port of Vancouver USA secures $5.7 million for Centennial Industrial Park development

AJOT | October 18, 2012 | Ports & Terminals

The Port of Vancouver USA announced that a grant agreement between the Washington State Department of Commerce and the port was finalized in September, completing the steps necessary to secure $5.7 million in grant funding that will be used to develop 58 Read More »

Ten Konecranes RTGs delivered to Indonesian Container Terminal

AJOT | October 18, 2012 | Ports & Terminals

Ten Konecranes Rubber Tired Gantry (RTG) cranes delivered in June are now all running smoothly at Belawan International Container Terminal (BICT) at the port of Belawan, Indonesia. BICT is managed by Indonesia Port Corporation I (Pelindo I), one of four s Read More »

Wheeler joins South Carolina Ports Authority sales team

AJOT | October 18, 2012 | Ports & Terminals

The South Carolina Ports Authority (SCPA) has hired John M. Wheeler to the position of Vice President, Carrier Sales, effective October 29. The announcement was made at today's regular SCPA Board meeting. Read More »

Zubieta to be presented with Connie Award

AJOT | October 18, 2012 | Ports & Terminals

Alberto Alemán Zubieta, who as immediate past Administrator of the Panama Canal, commenced an extensive project to expand the inter-ocean passage to accommodate larger ships and increase global trade, will receive the 2012 Connie Award. The Connie will be Read More »

Operator of Malaysia’s busiest port plans $500 million IPO in 2013

AJOT | October 18, 2012 | Ports & Terminals

Westports Malaysia Sdn Bhd, operator of the country's busiest port, is looking to raise as much as $500 million in an initial public offering in the second quarter of 2013, two sources with direct knowledge of the plan said. Read More »

SC Line chooses JAXPORT as partner in strategic expansion

AJOT | October 18, 2012 | Ports & Terminals

Panama-based SC Line, which specializes in vehicle, truck and heavy equipment transport, is now calling on JAXPORT’s Talleyrand Marine Terminal as part of its USATRUCK roll-on/roll-off service. The bi-weekly service connects JAXPORT with Colombia, Panama Read More »

Exporters expect quality problems for early Ivory Coast cocoa

AJOT | October 14, 2012 | Ports & Terminals

Cocoa bean exporters in top grower Ivory Coast anticipate high rejection rates for beans arriving at ports in the early months of the main crop harvest, due to new, stricter government quality standards for the 2012/13 season. Read More »

Iran’s sea trade buckles under Western sanctions

AJOT | October 14, 2012 | Ports & Terminals

Iran's vital seaborne trade is buckling under the weight of Western sanctions, deepening hardship for a population deprived of basic imports and heaping intense pressure on Tehran over its nuclear program. Read More »

September marks eighth consecutive month of growth at the Port of Virginia

AJOT | October 14, 2012 | Ports & Terminals

The Port of Virginia handled 182,318 TEUs in September, an increase of 11 percent when compared with totals from the same month last year. Year-to-date, the port has handled 1,546,087 TEUs vs. 1,427,008 TEUs handled during the same period last year, an in Read More »

Traffic at Ivory Coast’s Abidjan port jumps 87% in first half 2012

AJOT | October 14, 2012 | Ports & Terminals

Goods traffic at Ivory Coast's main port of Abidjan jumped more than 87 percent in the first half of 2012 compared to the same period last year as the country rebounded from a brief post-election conflict that hobbled trade, port authorities said. Read More »

Canaveral clears major hurdle for channel widening and deepening project

AJOT | October 14, 2012 | Ports & Terminals

The Canaveral Port Authority has received unanimous approval for its feasibility study to proceed to agency review, a critical step needed for expediting widening and deepening of Canaveral harbor. Read More »

Carlson appointed Executive Port Director/CEO of Port Freeport

AJOT | October 14, 2012 | Ports & Terminals

Bill Terry, Chairman of the Board of Commissioners of Port Freeport, announces the selection and appointment of Glenn Carlson as Executive Port Director and CEO. Chairman Terry noted that after several months of diligent searching and review of a number Read More »

Zepol reports US vessel imports are down another 3.6% in September

AJOT | October 14, 2012 | Ports & Terminals

Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for September, measured in TEUs, is down 3.6% from August, but is up from September of 2011 by 2.6%. Imports of TEUs shifted from over 1.6 million last mon Read More »