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Issue #585 | China Trade | Maryland Ports

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China Trade

Maryland Ports

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2014 Media Kit

Ports & Terminals

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ICTSI wins 30-year port concession in Croatia

AJOT | March 13, 2011 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) recently won a 30-year contract for the management, operations and development of a container terminal in the Port of Rijeka, Croatia's principal seaport. Read More »

Hutchison Port Holdings’ $5.8 bilion IPO oversubscribed

AJOT | March 13, 2011 | Ports & Terminals

Bankers are bringing an early close to the institutional book of Hong Kong tycoon Li Ka-shing's $5.8 billion ports unit's initial public offering in Singapore because it is oversubscribed, sources said.

Hutchison Port Holdings Trust, a unit of Li Ka-s Read More »

Guinea annuls port deal with France’s Getma

AJOT | March 13, 2011 | Ports & Terminals

Guinea's new president Alpha Conde has annulled an accord with France's Getma International to manage and expand a container port in the capital Conakry, according to a decree read out on state radio.

Getma International, a unit of the French transpor Read More »

ICTSI full year 2010 net income up 79% to US$98.3 million

AJOT | March 13, 2011 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) reported consolidated audited financial results for the year ended December 31, 2010 posting full-year revenue from port operations of US$527.1 million, an increase of 25 percent over the US$421.7 mi Read More »

Bollore confirms $640 mlllion Lome port expansion plan

AJOT | March 13, 2011 | Ports & Terminals

French logistics group Bollore said it was to build a third quay at Lome port in Togo for a cost of 300 billion CFA francs ($640 million), with a target of doubling container traffic within five years.

The project was launched at a ceremony with group Read More »

Shanghai Port’s delayed Belgium port JV starts operations

AJOT | March 13, 2011 | Ports & Terminals

Shanghai International Port's (SIPG) joint venture with Belgium container terminal Zeebrugge has begun operations, a senior Chinese executive said, following a delay during an industry downturn.

"The project had been postponed previously, but the vent Read More »

Brazil sugar port delays to recur

AJOT | March 13, 2011 | Ports & Terminals

Delays to sugar loadings at Brazilian ports, which hampered shipments last year, are likely to recur as harvesting proceeds this year, a senior sugar industry executive said.

"We anticipate some port congestion this year given that demand (for Brazili Read More »

Iraq plans to tender Faw port by year end-minister

AJOT | March 13, 2011 | Ports & Terminals

Iraq plans to float a tender for building a multibillion-dollar port south of Basra by the end of this year, its transportation minister said.

Iraq is in talks with investors from Australia, France, Germany, Italy and the UAE to help finance the proje Read More »

PSA said 2010 net profit up 21%

AJOT | March 03, 2011 | Ports & Terminals

Singapore port operator, PSA International, said its 2010 net profit rose 21 percent helped by recovery in global economic recovery and container shipping industry, but its chairman highlighted concerns about the slowdown in China.

The company, contro Read More »

Harwich International Port signs new wind deal

AJOT | March 03, 2011 | Ports & Terminals

Harwich International Port has announced a new contract with Aarsleff Bilfinger Berger Joint Venture (ABJV) to act as their UK installation port for Phase 1 of the London Array Offshore Wind Farm.

ABJV are the project’s installation contractor and wer Read More »

Port of NY/NJ 2010 stats

AJOT | March 03, 2011 | Ports & Terminals

During 2010, the Port of New York and New Jersey reported that total container traffic in the port was 5,292,020 loaded and empty TEUs (20-foot equivalent units), compared to 4,561,527 in 2009, up 16 percent. The number of TEUs is slightly below the 5,29 Read More »

APS Technology receives patent for MatchMaker OCR Solution

AJOT | March 01, 2011 | Ports & Terminals

APS Technology Group, Inc., a leading provider of optical character recognition (OCR) and process automation technology solutions for marine and intermodal terminals, announced the US Patent and Trademark Office has awarded the company a patent for the id Read More »

Mozambique’s CDN to invest $200 mlllion in port upgrade

AJOT | March 01, 2011 | Ports & Terminals

Mozambique's Nacala Development Corridor (CDN) plans to invest $200 million to upgrade its port at Nacala and raise capacity to 16 million tonnes of cargo in 2030 from 1.5 million tons, a CDN official said.

CDN executive director Agostinho Langa said Read More »

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