Ports & Terminals

Hutchison in $3 blllion financing for spin-off

AJOT | February 17, 2011 | Ports & Terminals

Hutchison Whampoa Ltd has launched a $3 billion financing facility for Hutchison Ports Holdings Trust (HPH Trust) in a move to leverage the port unit ahead of its Singapore listing, Basis Point reported.

The ports-to-telecom conglomerate, which aims t Read More »

Premium Article  At Tampa forum, industry leaders express support for 24/7 terminals

Paul Scott Abbott | February 13, 2011 | International Trade | Liner Shipping | Ports & Terminals

By Paul Scott Abbott, AJOT

The idea of around-the-clock operation of marine terminals has the backing of leaders of terminal operator, ocean carrier and port authority sectors.

Industry executives expressed their support for 24/ Read More »

Premium Article  Tampa port hosts trade workshop co-sponsored by AAPA, MARAD

Paul Scott Abbott | February 13, 2011 | International Trade | Liner Shipping | Ports & Terminals | Transport Intermediaries

Attracting more than 150 high-level executives in maritime transportation and related fields, the fourth annual Shifting International Trade Routes Workshop, co-sponsored by the American Association of Port Authorities and U.S. Maritime Administration, wa Read More »

Premium Article  Schleicher named JAXPORT Executive Vice President

AJOT | February 13, 2011 | Ports & Terminals

The Jacksonville (FL) Port Authority Board of Directors and Chief Executive Officer Paul Anderson announced the promotion of Roy Schleicher to the position of Executive Vice President of the public seaport authority.

Schleicher previously served as Read More »

Premium Article  Florida Atlantic Coast ports advance infrastructure plans

Paul Scott Abbott | February 13, 2011 | Ports & Terminals

Advancement of a 50-foot-deep channel and a major tunnel endeavor at the Port of Miami, container yard enhancements at Port Everglades and the Port of Fernandina, and cargo berth projects at Port Canaveral and the Port of Palm Beach are among infrastructu Read More »

Premium Article  Florida Gulf ports prepare to handle more containers

Paul Scott Abbott | February 13, 2011 | Ports & Terminals

Efforts aimed at handling greater volumes of containerized cargo are advancing at most ports along Florida’s Gulf Coast, with Port Manatee, the Port of Tampa and Port Panama City all bolstering container terminal infrastructure.

Officials at the ports Read More »

Bromma wins major ports spreader contracts for Columbia, Brazil and Kuwait

AJOT | February 13, 2011 | Ports & Terminals

Bromma has been awarded contracts for a total of 62 new spreaders for three port projects in Colombia, Brasil and Kuwait.

In Colombia Bromma has won a new contract for 29 crane spreaders (5 quay crane spreaders and 24 all-electric RTG spreaders) for Read More »

Bromma wins major Greenline™ orders for Terminal Catalunya, Spain and Abu Dhabi, UAE

AJOT | February 13, 2011 | Ports & Terminals

Bromma has been awarded two major new contracts for the supply of all-electric spreaders for use on automated stacking cranes. Bromma has won an order for a total of 40 GreenLine™ all-electric yard crane spreaders for the new Terminal Catalunya S.A. (TERC Read More »

Colombia plans to rule on 29 port projects in 2011

AJOT | February 13, 2011 | Ports & Terminals

Colombia plans to decide on the approval of nearly 30 port projects mainly in coal, bulk loading and petroleum this year, the government concessions' agency said in a financial newspaper published.

Latin America's No. 4 oil producer has set ambitious Read More »

Port of Gulfport cargo figures rebound in 2010

AJOT | February 13, 2011 | Ports & Terminals

The slowdown in the global economy in the previous two years has had a tremendous negative impact on the maritime industry around the world. Despite the challenges the Mississippi State Port Authority at Gulfport handled over 2.15 million tons of cargo i Read More »

ICTSI Subic welcomes new line

AJOT | February 13, 2011 | Ports & Terminals

Greek shipping line, Tiger Lines, will start calling at the New Container Terminal-1 (NCT-1) at the Subic Bay Freeport in the Philippines starting the second quarter of this year.

Tiger Lines will deploy a 750-TEU to 1,000-TEU capacity vessel for its Read More »

Nadler reintroduces Clean Ports Act Congressman

AJOT | February 13, 2011 | Ports & Terminals

Jerrold Nadler (D-NY), a senior Member of the House Transportation and Infrastructure Committee, introduced the Clean Ports Act of 2011. The bill, which has 50 original co-sponsors, would amend the Federal Motor Carrier Act to allow ports t Read More »

Port of Philadelphia’s 2010 cargo statistics show big gains over previous year

AJOT | February 13, 2011 | Ports & Terminals

A recovering national economy, in conjunction with a variety of new business relationships established at the Port of Philadelphia in 2010, has resulted in a sizable gain in overall tonnage last year compared to 2009 levels. With 3,644,919 metric tons of Read More »

The Port of Everett is working to bring job opportunities to the region

AJOT | February 13, 2011 | Ports & Terminals

Snohomish County Executive Aaron Reardon announced that Evergreen Bottling Company would be bringing a new water bottling plant to Everett, with specific interest in the Port’s Riverside Business Park. It is expected the company would generate up to 15 mi Read More »

Port of Hamburg leaves the worldwide financial and economic crisis of 2010 in its


AJOT | February 13, 2011 | Ports & Terminals

In 2010 the Port of Hamburg returned to its growth course with total throughput of 121 million tons. Alongside the gratifying progress of the German economy, the markets in the Baltic region and in Eastern Europe that are so important for the Port of Hamb Read More »

Port of Portland records third best tonnage year in 2010

AJOT | February 13, 2011 | Ports & Terminals

According to recently released year-end results, 2010 was the third best tonnage year for marine cargo in the Port’s history – totaling over 13.1 million tons.

The Port closed a number of key transactions last year and reported positive gains in every Read More »

Timchenko to buy Murmansk port for $250 mlllion

AJOT | February 13, 2011 | Ports & Terminals

Russian trader Gennady Timchenko has agreed to buy Murmansk Commercial Sea Port for $250 million, extending his interests in Russian energy exports, industry sources told Reuters.

"The deal is expected to be closed in the first quarter," one of the so Read More »

PortVision appoints Perduto as Director of Transportation and Government Business Dev.

AJOT | February 03, 2011 | Ports & Terminals

PortVision®, a leading provider of business intelligence solutions for the maritime industry, announced the appointment of James Perduto as Director of Transportation and Government Business Development. Based in New York, James assumes responsibility fo Read More »

Dozens of vessels abandon Australia, rates drop on cyclone

AJOT | February 03, 2011 | Ports & Terminals

Dozens of dry bulk carriers have abandoned plans to pick-up coal, sugar and other cargo in Australia due to Cyclone Yasi and have rerouted to the Atlantic in hopes of new business, shipbrokers said.

Floods and cyclones in Queensland have severely disr Read More »

Egypt ports struggle to cope with labor shortages

AJOT | February 03, 2011 | Ports & Terminals

Egypt's ports are struggling to cope with staff shortages and tight fuel supplies and a growing backlog of ships is waiting to discharge as unrest continues to disrupt the economy, shipping sources said.

Opponents and supporters of President Hosni Mub Read More »