Latest News – Page 965
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LLX to shed 30% equity stake
The Brazilian logistics company LLX is to sell a 30% stake in its operations to a strategic investor for approximately $3.5bn. The sale is slated to take place before the end of 2009.
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Rubber Gantries Part of Green Initiative in HK
Hongkong International Terminals (HIT) is deploying 17 electric rubber-tyred gantry cranes (eRTGs) in the first phase of a HK$140m (US$18m) crane-electrification programme that will reduce emissions at Kwai Tsing Container Port.
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Threat of boycott hangs over Limón and Moín
Shipping lines Crowley and APL have warned the Costa Rican ports of Limó n and Moí n that they are considering dropping calls on the back of poor service.
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Future electric
Kalmar has launched an electric forklift series, designed as a productive, cost-effective, fossil-fuel free and environmentally-friendly unit.
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Seamless radiation scanning
VeriTainer, specialist in crane-mounted radiation scanning solutions, has been invited to participate in an Operational Readiness Test by US customs and security departments at the Port of Tacoma.
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terminal tractor item
Los Angeles is coming down hard on polluting terminal tugs, as Stuart Pearcey finds out
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Weighing the benefits
The port of Los Angeles has calculated the potential annual environmental benefits it can achieve from the 1.2m drayage trips its tractors make every year between the port and its nearby Intermodal Container Transfer Facility.
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The electrification of ports
Once viewed as a fashionable ''green'' statement, self sufficient power generation is in today''s ports less of a luxury and more a necessity, as Patrik Wheater finds out
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Energy capture to fuel Russian port
As part of its expansion plans, Russia''s National Container Company has ordered 19 energy-efficient rubber-tyred gantry (RTG) cranes from Konecranes, to meet an anticipated annual capacity of 9m teu.
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Corrosion feature
Saline and the erosion of port structures go hand-in-hand, so why aren''t ports doing more to protect their assets, asks Carly Fields
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Get in early and get the jump on corrosion
Operators looking to start construction of a new port or terminal should consider corrosion early on. While it''s often low on the list of priorities, a few dollars spent at the start could protect ports from serious profit erosion down the line.
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Bulk Into Containers
The global shipping market is in somewhat of a flux, with a possible world recession, sharply fluctuating bulk shipping rates and liner rates trying to decide what to do.
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NZ news snippets for July (pics to come)
Recent shipping service losses have forced PrimePort Timaru to make 23 permanent full-time and part-time positions redundant.
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Three in the frame for Salonika
Salonika Port in Greece says that it will have addressed all objections raised as part of the bidding process in respect of privatisation of port handling by the end of July.
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Traffic slowing at Shanghai
China Merchants Holdings predicts that Shanghai International Port will handle 30m teu this year, despite the slight downturn in the global economy. However, in the four months to the end of April, throughput had risen by 11.4%, compared with an increase of 20.4% the previous year.
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Financial Performance of NZ Ports Criticised
A hard-hitting report on the New Zealand port sector by investment bankers Rockpoint Corporate Finance suggests that the vast majority of the increase in shareholders'' funds achieved by port companies over the last decade has been due to revaluations of land and property holdings.
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Otago on strike notice
Port Otago has narrowly avoided its first serious industrial action in 21 years, with two unions issuing notice of an overtime ban after failed mediation talkes on pay.
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Tanger Med takes its toll
The reach of Morocco''s Tanger Med behemoth is already being felt across the Mediterranean, with Las Palmas Port reporting a drop in container throughput over the first quarter.
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Agreement means stability for Lyttelton
A three-year collective employment agreement has been signed by Lyttelton Port of Christchurch (LPC) and the Combined Unions.
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Investment for Hull
A new eight-year agreement for Hull Container Terminal includes a £ 4m investment by PD Ports to be used to implement IT systems, refurbish the existing ship-to-shore cranes and reconfigure the terminal layout to improve efficiency.