CMA CGM Alexander von Humboldt begins maiden voyage

CMA CGM Alexander von Humboldt, the second of a series of three 16,000 TEU vessels to be launched by the French firm named after great explorers, left the Port of Busan, South Korea, on Friday to begin its maiden voyage.

Anatomy of a port financing transaction

Exploring the changes in the size and nature of large-scale investments in ports, and the critical elements needed to secure financing Billion dollar investments are no longer uncommon in worldclass ports today, where five years ago the average port investment was less than a tenth of this amount. Is this a self-destructive, metoo phenomenon with […]

Chinese port restrictions lead to Subic Bay floating terminal solution

Behind the creation of a new floating transhipment terminal in the Philippines on behalf of the Brazilian mining giant Vale, is the story of emerging geopolitical tensions over China’s seemingly endless need for raw materials; between China, who believe that it is they who should carry the flows of raw materials into the world’s manufacturing […]

Drive successes in Chinese port cranes

At a time when we are seeing the world’s biggest expansion in port capacity, where else, but in China, one British company, Control Techniques, is enjoying major successes in providing large AC variable speed drives for port cranes in several Chinese ports. The latest of these is a huge project for around 160 drives in […]

Looking ahead: Strong growth for Asia Pacific ports

With 39 per cent share of the global market, the Asia Pacific maritime industry has been booming and forecast to grow at a CAGR of seven per cent between 2006 and 2010. Maritime services, offshore and freight forwarding are slated to be the fastest growing areas (see Table 1). “The maritime industry across the Asia […]