Hackers the new pirates, says KPMG

KPMG, one of the largest professional services companies in the world, has issued a stark warning to the maritime industry that the open seas are the next playground for hackers.

DP World volumes boosted by continued expansion

DP World has reported double digit growth in its container volumes fore first quarter of 2014.Speaking at the Dubai-based operator’s AGM earlier today, DP World chairman Sultan Ahmed Bin Sulayem attributed the rise in throughput to both a pick up in global trade and additional capacity added last year at London Gateway and Embraport.

Gulfport expansion gathers pace

The Board of Commissioners for the Port of Gulfport is set to issue tenders for two major contracts to help in the construction of the much-anticipated West Pier development at the US port.

China Harbour Works to build Port Qasim dry bulk terminal

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.

Kalmar wins major Jebel Ali contract

Cargotec subsidiary Kalmar has been awarded a major contract by DP World to supply its flagship facility Jebel Ali Port with 125 terminal tractors and 12 empty container handlers.

ICTSI showing signs of better risk management

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.

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