ICTSI-PSA Open $550 Million Terminal
ICTSI and PSA International have formally opened Puerto Aguadulce, a joint venture terminal costing US$550 million in the Port of Buenaventura, Colombia
ICTSI and PSA International have formally opened Puerto Aguadulce, a joint venture terminal costing US$550 million in the Port of Buenaventura, Colombia
Orient Overseas (International) Limited (OOIL), the Hong Kong-listed parent of carrier line OOCL, has announced a loss for 2016 of US$219.2 million against a profit of US$283.9 million in 2015 – its worst full year results since 2009
Pirates have hijacked a Sri Lankan-flagged oil tanker – marking the first time since 2012 a commercial ship has been successfully taken through piracy
PTI features an infographic from the Vancouver Fraser Port Authority to give you further insight into Canada’s largest port and the third largest in North America
The video shows the ship launch of the ‘Symphony Provider’ at Ferus Smit Shipyard in Leer, Germany, stopping mid-launch as the bow of the vessel gets stuck on the slipway as the stern starts to move away
An important step towards more automated procedures has been taken by technology group Wärtsilä after announcing its latest innovation SmartPredict, which aims to provide safer and more efficient vessel operations by reducing the risks associated with manoeuvring.
Intermodal Asia will be launching the Industry Leaders Strategy Summit (ILSS), a conference featuring industry experts speaking on the wider strategy and perspectives within the Intermodal and Container Market, at its 2017 event taking place from March 21-23 at the Shanghai World Expo Exhibition and Convention Center (SWEECC).
NTNU spin-off company Eelume has collaborated with Kongsberg Maritime and Statoil to develop swimming robots for sub-sea inspection and light intervention
CMA CGM, the world’s third-largest container line, has reported a net profit in the fourth quarter of last year, supported by a recovery in freight rates and efficiency measures taken during a prolonged downturn in shipping.
Ports, Inland Waterways and Rail have recieved a C+ in the 2017 American Society of Civil Engineers’ (ASCE) Infrastructure Report Card
APM Terminals Gothenburg has signed an addendum to the original concession agreement with the Port of Gothenburg to invest an additional US$27 million through 2024 in Sweden’s largest port.
International Container Terminal Services, Inc. (ICTSI), the global operator of container terminals in the 50,000 to 2.5 million TEU/year range, has reported financial results for the year ended December 31, 2016, posting net income of US$180.0 million – up 207% compared to the $58.5 million earned in 2015.