China Harbour Works has won the US$130 million contract to build Port Qasim’s new Pakistan International Bulk Terminal (PIBT). The dry bulk facility, requiring a total investment of $250 million, will have the capacity to handle 12 million tonnes per year of imported coal, and a further four million tonnes of cement and clinker.
Drewry Maritime Equity Research (DMER) believes that International Container Terminal Services Inc. (ICTSI), considered one of the biggest risk takers amongst global container terminal operators, is now showing signs of better risk management that will assist in its long term sustainability.
DP World has welcomed the first vessel to transit its new Soai Rap River channel leading to its Saigon Premier Container Terminal (SPCT) in Hồ Chí Minh City, Vietnam.
The Port of Rotterdam, Europe’s largest port, saw cargo throughput remain relatively stable during the first quarter of 2014. Europe’s largest port handled 109 million tonnes during the first three months of 2014, down 0.2 percent when compared to the corresponding period last year.
State-run operator PT Pelabuhan Indonesia II (Pelindo II) has opted for Japanese firm Mitsui Co. Ltd. to partner the company, also know as Indonesia Port Corporation (IPC), in the joint operation of the first container terminal at North Jakarta’s Kalibaru Port.
Zhenhua Heavy Industries Co (ZPMC) has been awarded a multi-million dollar contract by Peel Ports to equip its new Liverpool2 container terminal with state-of-the-art ‘mega’ container cranes.