Ports & Terminals

APM Terminals exec sees growth in Latin America

AJOT | June 27, 2011 | Ports & Terminals

Executives at APM Terminals, one of the world's top port operators, said they are investing heavily in Latin America because the region's pace of growth in container traffic trails only China.

It is investing $1.7 billion in two new projects in Latin Read More »

Holt to build largest rooftop solar power plant in North American at Gloucester Marine Terminal

AJOT | June 26, 2011 | Ports & Terminals

Gloucester Marine Terminal announced that it is partnering with solar technology leader SunPower Corp. to build the largest rooftop solar installation in North America – a massive, 1.1 million square-foot project on the roof of the Terminal’s refrigerated Read More »

Kizad and Citi sign a Global partnership agreement

AJOT | June 26, 2011 | Ports & Terminals

Khalifa Industrial Zone Abu Dhabi (Kizad) and Citibank have signed a global partnership agreement to offer financing and banking solutions to Kizad tenants. It also represents a commitment from Citi and Kizad to work together to bring in foreign direct in Read More »

Global Ports aims for up to $572 mlllion London IPO

AJOT | June 26, 2011 | Ports & Terminals

Russian group Global Ports said it planned to raise up to $572 million from an initial public offering in London, hoping for investor interest in the fast-growing Russia container market.

Global Ports, a unit of transport and infrastructure holding gr Read More »

Saudi Arabia to spend $613 mlllion to expand ports

AJOT | June 26, 2011 | Ports & Terminals

Saudi Arabia plans to raise the capacity of its second-largest port in Dammam and may spend more than $613 million on port expansions to rival other regional ports, its transport minister said.

"All ports are subject now to expansion. We are investing Read More »

Konecranes acquired the service business assets of Eleve S.L.

AJOT | June 26, 2011 | Ports & Terminals

Konecranes acquired the service business assets of Spanish crane and service company Eleve S.L.

In June 2011 Konecranes acquired the service business assets of Spanish crane and service company Eleve S.L. The company is located in Badalona, 5 kilomete Read More »

PH launches logistics facility in Portland, Oregon

AJOT | June 26, 2011 | Ports & Terminals

The Philippines and the State of Oregon in the Unites States further strengthened economic ties with the Philippines’ recent launch of a logistics facility in the port city of Portland, the state’s main port.

The launch comes three months after Manila Read More »

Brazilian port to limit loading of bagged sugar

AJOT | June 26, 2011 | Ports & Terminals

Brazil's main sugar port of Santos will restrict the loading of bagged sugar in the public quay, a measure aimed at improving efficiency, an official said.

But shipping agents fear the decision could cause more congestion in the short term.

The Po Read More »

Charleston, Corps sign contract to advance deepening

AJOT | June 26, 2011 | Ports & Terminals

The deepening of the Port of Charleston passed another major milestone today with the signing of a cost-sharing agreement on the next phase of the project, which has been estimated to deliver $106 million in annual national benefits.

Surrounded by mem Read More »

SC Ports projects volume growth, $82 million in capital spending for year

AJOT | June 26, 2011 | Ports & Terminals

The South Carolina State Ports Authority Board approved its fiscal year 2012 budget, which projects a 6.6 percent increase in container volume and nearly $82 million in capital projects for the year.

In the fiscal year beginning July 1, the SCSPA plan Read More »

Rotterdam Short Sea Terminals offers role model for US coastal transportation

AJOT | June 16, 2011 | Ports & Terminals

As the United States seeks to reduce trucking congestion on highways and as trucking companies seek to reduce the $33 billion price tag in trucking delays for transporting goods and as U.S. ports seek to reduce diesel pollution, the establishment of dedic Read More »

SCE2 begins in Charleston

AJOT | June 16, 2011 | Ports & Terminals

The first ship in a new, all-water service connecting the growing Southeast U.S. region with South Korea and Central and South China, called the Port of Charleston recently, the first in a weekly service calling North Charleston Terminal.

The South Ch Read More »

US retail port traffic seen edging up through July

AJOT | June 16, 2011 | Ports & Terminals

Cargo volume at major U.S. retail container ports should be nearly flat through July as slowing consumer spending has led retailers to cut back on inventory and orders, said a report released.

May traffic at ports followed in the global Port Tracker r Read More »

ICTSI Davao doubles reefer capacity

AJOT | June 16, 2011 | Ports & Terminals

Davao Integrated Port Services & Stevedoring Corp. (DIPSSCOR), port services provider in Sasa Wharf in the Port of Davao in southern Philippines and subsidiary of International Container Terminal Services, Inc. (ICTSI), recently increased the capacity of Read More »

Post-Panamax service at the Port of Mobile infrastructure investments paying off

AJOT | June 16, 2011 | Ports & Terminals

The Alabama State Port Authority's harbor and terminal investments are creating new vessel opportunities for port users. The largest steel shipment to date at the Port of Mobile was offloaded through the Alabama State Port Authority's Pinto Steel Termin Read More »

More ships at US ports

AJOT | June 14, 2011 | Ports & Terminals

A report released from the U.S. Maritime Administration shows more ships are stopping at U.S. ports. The stops, or vessel calls, rebounded by 13 percent in 2010, after an eight percent decline in 2009. Oceangoing vessel calls reflect waterborne trade be Read More »

Port Everglades moves toward public/private partnership with FEC for rail to transport cargo

AJOT | June 14, 2011 | Ports & Terminals

The Broward County Board of County Commissioners unanimously approved action authorizing the Port Everglades Department staff to negotiate a Memorandum of Understanding (MOU) with the Florida East Coast Railway Read More »

Portek says yet to decide on ICTSI takeover offer

AJOT | June 14, 2011 | Ports & Terminals

The head of Singapore's port operator Portek International said the company has not yet decided on a takeover bid from the Philippines' International Container Terminal Services Inc (ICTSI) .

ICTSI has offered S$1.20 for each Portek share, valuing the Read More »

Congestion hits Thai ports, sugar exports still flow

AJOT | June 14, 2011 | Ports & Terminals

Congestion in Thai ports and problems with river transportation forced trading houses to find alternative routes to ship sugar, allaying fears of a build up in stocks as domestic output hits record this year, industry sources said.

Cargo clearance at Read More »

Lease agreement with PNCT and MSC guarantees increased cargo volume port-wide

AJOT | June 14, 2011 | Ports & Terminals

The Port Authority Board of Commissioners approved a restructured lease with Port Newark Container Terminal (PNCT) that will provide $500 million in private capital investment to upgrade the existing facility into a state-of-the-art terminal. The restruc Read More »