Latest News – Page 966
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NewsTT Club slips into deficit
Mutual insurer the TT Club has reported what it terms "satisfactory" financial results for 2008 amid market conditions which have drastically reined back earnings elsewhere in the insurance industry.
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Ceres identity shift
Amsterdam''s Ceres Paragon terminal has changed its name to Amsterdam Container Terminals (ACT) effective immediately. The name change follows a share-swapping agreement, signed in December 2008, when Hutchison Port Holdings became the majority shareholder of Ceres Container Terminals Europe.
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NewsTraffic downturn widespread across US
US container ports on both coasts are acutely suffering from major downturns in traffic.
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NewsOakland concession granted
Ports America beat off the competition to win a 50-year concession for five container terminals at the US Port of Oakland.
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NewsA clear understanding
Effective hydrographic surveying demands a great deal more than simply buying in the latest equipment or calling in outside contractors, as Felicity Landon explains
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BBI draws up Gladstone stake shortlist
Dalrymple Bay Coal Terminal (DBCT) owner Babcock & Brown Infrastructure (BBI) has drawn up a shortlist for a selling a stake in the terminal.
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Kalmar hybrids for DP World Southampton
Kalmar has also received an order to supply 15 of its ESC W straddle carriers to DP World Southampton in the UK. Two of the machines will be fitted with Kalmar’s new hybrid technology package and the remaining 13 are capable of being upgraded to hybrids in the future.
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Kalmar: TCS goes green
With fuel costs increasing and growing pressure to reduce exhaust emissions, many terminal operators are now evaluating Kalmar’s new ‘hybrid’ straddle carrier. Tilbury Container Services (TCS), operators of the only dedicated, modern, direct access deepsea terminal within the Port of London, is one such company and as part of an ...
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Rob van Hove
Despite financial turmoil around the world, Ports of Auckland has not initiated a major equipment outsourcing programme, preferring to make better use of in-house staff.
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NewsAsian bank looks to increase capital
The Asian Development Bank (ADB) says it plans to help the region overcome current and long-term difficulties by adopting similar strategies to those developed during the Asian meltdown of 1997-98.
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New York/New Jersey's flat figures
Year-end throughput figures for the US Port of New York and New Jersey (PANYNJ) make ugly, albeit expected, reading reporting flat growth in container activity for the first time since 1993.
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Maintenance outsourcing
Will the credit crisis send ports scuttling to outsource costly equipment maintenance, or will greater in-house commitments be the answer? Alex Hughes finds out
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NewsAll quiet on the lending front
There are few signs that liquidity is returning to the world of port finance, as Mike King discovers
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NewsCustomised terminal tractor
Award Kalmar has launched the TT616i, a brand new 4x2 terminal tractor for LoLo (lift-on, lift-off) operations which is currently undergoing extensive field trials in two operational terminals in Europe.
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ZERO- Emission AGV technology developed by Numexia and TTS
Swiss transport and power technology expert Numexia SA has adapted its groundbreaking contactless energy transfer technology to pioneer a zero-emission energy solution for Automated Guided Vehicles (AGVs) in use at container terminals.
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Cosco cements relations with Piraeus
Cosco has officially been granted a 35-year concession by the Greek government to run the port of Piraeus.
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Approval for UK Marine & Coastal Access Bill
The UK Government has committed itself to introducing a full UK Marine & Coastal Access Bill in the new Parliamentary session. WWF-UK, the conservation organisation, was one of the first NGO’s to call for a Marine Act and is delighted that British seas will finally be given effective protection from ...
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NewsNew enviro tug joins Long Beach fleet
The Port of Long Beach has taken delivery of a new environmentally friendly dolphin-class, diesel electric hybrid tugboat, a vessel custom-built by Foss Maritime of Seattle to help ports clean the air. The new green-and-white tug, named the Carolyn Dorothy, can do the same work as a traditional tug assisting ...
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NewsComing together - or pulling apart?
It is not, yet, a community - you only have to look at a list of countries that comprise East Asia - China, Japan, Taiwan and Korea - and you can see why there is difficulty in considering the region as a whole.