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Issue #586 | Latin America Trade | Canada Ports

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Latin America Trade

Canada Ports

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2014 Media Kit

Ports & Terminals

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Port Authority of New York and New Jersey’s 184th And 185th Series Consolidated Bonds Rated ‘AA-’

AJOT | August 11, 2014 | Ports & Terminals

Standard & Poor's Ratings Services has assigned its 'AA-' rating to the Port Authority of New York and New Jersey's (PANYNJ) 184th series and 185th series consolidated bonds. At the same time, Standard & Poor's affirmed its 'AA-' ratings on the PANYNJ's existing consolidated bonds and its 'A-1+' short-term rating on the authority's estimated $397.4 million in commercial paper (CP) notes of Standard & Poor's also affirmed its 'AA-' rating on the series 1WTC-2011 New York Liberty Development Corp.'s liberty revenue bonds, which are on par with all of the PANYNJ's consolidated bonds. In addition, Standard & Poor's affirmed its 'A+' rating on the series 2011 liberty revenue bonds (issued for the 4 World Trade Center [WTC] LLC project) paid from the authority's consolidated bond reserve (CBR) fund. Read More »

German car manufacturers take the fast train to China

AJOT | August 11, 2014 | Ports & Terminals

German car manufacturers take the fast train to China

Visit by the Chinese President bears fruit / improved capacity utilization of train connections and expansion of railway system between Duisburg and China / First ever transport by rail of finished vehicles from top German manufacturers to Chongqing in China Read More »

Change of terminal at Santos on SAMWAF line

AJOT | August 11, 2014 | Liner Shipping | Ports & Terminals

CMA CGM group informs its customers a change of terminal on SAMWAF line. CMA CGM group informs its customers a change of terminal on SAMWAF line. As part of the new VSA on South America East Coast / West Africa trade, as from the M/V CMA CGM TURQUOISE HM132R calling Santos on august 26th, vessels will call ECOPORTO terminal in this port. Read More »

ICTSI 1H 2014 net income up 23% to US$101.7 million

AJOT | August 07, 2014 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first six months of 2014 posting revenue from port operations of US$510.3 million, an increase of 23 percent over the US$413.7 million reported for the same period last year, Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$212.2 million, 13 percent higher than the US$188.1 million generated in the first half of 2013, and net income attributable to equity holders of US$101.7 million, up 23 percent over the US$82.9 million earned in the same period last year. Read More »

Port of Rotterdam takes measures to prevent delays

AJOT | August 07, 2014 | Ports & Terminals

The Port of Rotterdam is taking measures to eliminate congestion at the ECT Delta Terminal and the Euromax Terminal. Inland waterway vessels and feeder vessels have been experiencing delays at these terminals for some time. Improvements implemented at these terminals have not had the desired effect up until now. Read More »

ICTSI first half 2014 net income up 23% to $101.7 million

AJOT | August 07, 2014 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first six months of 2014 posting revenue from port operations of US$510.3 million, an increase of 23 percent over the US$413.7 million reported for the same period last year, Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$212.2 million, 13 percent higher than the US$188.1 million generated in the first half of 2013, and net income attributable to equity holders of US$101.7 million, up 23 percent over the US$82.9 million earned in the same period last year. Read More »

Port of Rotterdam takes measures to prevent delays

AJOT | August 07, 2014 | Ports & Terminals

The Port of Rotterdam is taking measures to eliminate congestion at the ECT Delta Terminal and the Euromax Terminal. Inland waterway vessels and feeder vessels have been experiencing delays at these terminals for some time. Read More »

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