Ports & Terminals

Konecranes acquires South African crane and service company

AJOT | November 22, 2009 | Ports & Terminals

Konecranes has acquired the remaining 80.5 % of the share capital in crane and service company Dynamic Crane Systems Ltd. (DCS) in South Africa. In June 2007 Konecranes acquired 19.5 % of the company shares with a call option to acquire the remaining by D Read More »

Port of Long Beach, China Merchants sign “green” pact
environmental accord…

AJOT | November 22, 2009 | Ports & Terminals

In a new “green port” collaboration, the Port of Long Beach and China Merchants Holdings International (CMHI), one of the world’s largest operators of seaport terminals, have signed a comprehensive environmental exchange agreement to further “green” techn Read More »

New owners for PD Ports

AJOT | November 22, 2009 | Ports & Terminals

PD Ports, the leading UK ports & logistics business based in Middlesbrough, has today confirmed that it is under new ownership, following the sale of 100% of its equity to Canadian-based Brookfield Asset Management (“Brookfield”). Read More »

PHA Commission approves costs share of ship channel maintenance

AJOT | November 22, 2009 | Ports & Terminals

The Port Commission of The Port of Houston Authority (PHA) approved authorizing up to $20.1 million for the PHA's share of the 2010 costs for construction and rehabilitation of dredged material disposal and beneficial use sites for the Houston Ship Channe Read More »

Gov. O’Malley announces 50 year contract with Ports America to operate Port of Baltimore’s Seagirt..

AJOT | November 22, 2009 | Ports & Terminals

Governor Martin O’Malley announced a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake that will allow the MPA to lease its 200-acre Seagirt Marine Terminal to Ports America. In return, Ports America has agreed Read More »

Premium Article  Terminal operators in Canada eye recovery

Leo Ryan | November 19, 2009 | Ports & Terminals

For terminal operators in ports across Canada, these are difficult times as the Canadian economy slowly nurses itself back to health from the global recession and world economies show tentative signs of recovery.
Trends at the cargo-handling facili Read More »

Premium Article  PD Ports takes a different route to delivering the freight in the UK

George Lauriat | November 19, 2009 | Ports & Terminals

PD Ports, which manages the Port of Teesport, has taken a notably different approach to the thorny problem of moving freight through the United Kingdom’s congested motorways to the North of England and Scotland. Bring the freight direct to the unconges Read More »

Premium Article  In a flat cargo market, some bright spots

Peter Buxbaum | November 19, 2009 | Ports & Terminals

West Coast business up for Ports America; company poised to make major investment in Oakland

"Business is flat" is not the kind of news any company wants to report, although in these times it could be a lot worse. Ports America is repo Read More »

Premium Article  APM Terminals Calls for Recognition of “New Normal” in Global Container Traffic Growth Expectations

AJOT | November 19, 2009 | Ports & Terminals

CFO Christian Moller Laursen states that the port industry remains “fundamentally attractive” and calls for cooperation in the “new reality.”

APM Terminals Vice President and Chief Financial Officer Christian Moller Laursen emphasized the “ne Read More »

Premium Article  Traffic is down at major EU Ports, but they stay the course for future development

Karen Thuermer | November 19, 2009 | Ports & Terminals

Seaports are key to Europe’s economy. Approximately 90 percent of Europe’s international trade is conducted via its seaports, as well as 40 percent of intra-European Union trade.

By Karen E. Thuermer, AJOT Read More »

Premium Article  Port of Hamburg hit hard by recession but eyes rebound

George Lauriat | November 19, 2009 | International Trade | Ports & Terminals

The downturn in box volumes, especially from Asia, impacted the Port of Hamburg’s third-quarter numbers, but there may be the hint of a rebound.
Unquestionably, the current global recession is the most serious economic crisis of the post war Read More »

W. Coast ports/rails announce colleration 6 ports, 2 railroads demonstrate strength as Global…

AJOT | November 11, 2009 | Ports & Terminals

In a historical first, six major U.S. West Coast ports and two western railroads came together at the World Shipping Summit in Qingdao, China, to announce their collaboration. They addressed leaders and customers of the maritime industry including ocean Read More »

Konecranes finalized the acquisition of majority holding in

AJOT | November 11, 2009 | Ports & Terminals

Chinese hoist and crane manufacturer SANMA Konecranes’ acquisition of a majority holding in Jiangsu Three Horses Crane Manufacture Co. Ltd. (SANMA), one of the leading hoist and crane manufacturers in China, has now been finalized. All parties, including Read More »

Port of Beaumont opens new Orange County Wharf

AJOT | November 11, 2009 | Ports & Terminals

The Port of Beaumont dedicated its new $20 million deepwater wharf on the north bank of the Neches River in ceremonies Monday, November 9. Read More »

Cargo handling experts launch Initiative on crane safety

AJOT | November 11, 2009 | Ports & Terminals

In a concerted effort to reduce injuries and equipment damage in port operations, the TT Club, PEMA and ICHCA International have announced a joint initiative to establish minimum safety standards for quay container cranes Read More »

GPA completes assembly of new rubber-tired gantry cranes

AJOT | November 11, 2009 | Ports & Terminals

The Georgia Ports Authority (GPA) has completed the assembly of 11 new rubber-tired gantry cranes (RTG), in conjunction with its capital improvement plans. The GPA estimates that these new cranes will conserve more than 83,000 gallons of diesel per year. Read More »

Zero-emission ideas move into evaluation stage

AJOT | November 10, 2009 | Ports & Terminals

In search of a concept that could change the future of goods movement, the Port of Long Beach and a panel of independent experts will soon begin a thorough review of ideas offered by seven companies for a zero-emission system to transport cargo containers Read More »

DCT Gdansk becomes new hub for Baltic Sea

AJOT | November 10, 2009 | Ports & Terminals

From December 2009, Maersk will extend its AE10 Far East service with 8,000TEU vessels calling DCT Gdansk on a weekly basis. Read More »

Captain John Lowell named Director of NOAA Office of Coast Survey

AJOT | November 10, 2009 | Ports & Terminals

NOAA Corps Capt. John E. Lowell, Jr., has been named the new director of NOAA’s Office of Coast Survey. He will simultaneously serve as the US national hydrographer. In his dual roles, Lowell will be responsible for overseeing NOAA’s hydrographic services Read More »

DAMCO Brazil Launches A New Amazonia River Barge Service From Porto Vehlo to Manaus

AJOT | November 10, 2009 | Ports & Terminals

Damco provides solution together with local barge operator utilizing the River Madeira that connects with the port of Manaus on the Amazonia River and from there connecting with other main ports such as Panama. The service has made Porto Velho an internat Read More »