Search results for: Container Terminal

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A list of search results

  • 8 December 2015
    Business & Finance

    Khalifa Port Container Terminal is ready for the next phase of expansion and will add new equipment in 2016 and 2017 to keep up with demand for services, Port operator, Abu Dhabi Terminals said. The new equipment will include three additional Ship-to-Shore (STS) gantry cranes and 10 Automated Rail Mounted Gantry (ARMG) cranes as the port aims to reach […]

  • 21 February 2018
    Business & Finance, Project & Tenders

     Snijder, a Dutch company that specializes in hiring out earthmoving equipment and concomitant technical services, has just released a video of the Freetown Terminal Extension Project. The Freetown Terminal, operated by the French group Bolloré Transport & Logistics, is undergoing an expansion program that calls for the construction of a new 270 meter quay to […]

  • 29 February 2008

    Port logistics are more and more challenged: More and bigger containerships than ever before are in operation. For both ships and ports, speed, safety and cost-efficiency of container terminals are key issues. The quality and efficiency of container terminals are of great importance to the smooth functioning of the global supply chain. But how to […]

  • 7 February 2008

    A new container terminal will be established at King Abdul Aziz Port in Dammam at a cost of more than SR1 billion, said Naeem ibn Ibrahim Al-Naeem, director general of the port, yesterday.

  • 2 February 2015
    Business & Finance, Equipment, Technology

    Dublin Port Company has officially opened its newly completed Alexandra Quay Container Terminal following a €35m investment.  The opening marks the completion of the third and final phase of the development of the new facility. This third phase will enable the terminal to cater for an additional 80,000 TEUs (twenty foot equivalent units) per annum bringing […]

  • 8 November 2010

    ZIM has announced that it has signed a deal that will yield US$154 million in cash, and a gross profit of US$120 million. ZIM will sell its stake (47.5 percent) in TICT (Tin-Can Container Terminal), the second largest container terminal in Nigeria, as well as sign a ten-year agreement with the terminal for vessels’ calls […]

  • 8 January 2015
    Business & Finance, Equipment, Technology

    Konecranes has won another order from Lomé Container Terminal SA in Lomé, Togo, this time for 10 RTGs. They will be identical to the 12 already delivered during 2014. Delivery is scheduled for end-2015 and 2016. “This new order of Konecranes RTGs for our Lomé Container Terminal is in line with our Phase 2 development of […]

  • 26 July 2007

    The Port of Tacoma today announced plans to build a US$300 million, 168-acre container terminal on the industrial east side of Tacoma’s Blair Waterway. The terminal will be leased to a container terminal operator, Yusen Terminal Tacoma Inc (YTTI), a wholly owned subsidiary of NYK Line. The plan was approved by NYK Line at its […]

  • 5 May 2014
    Business & Finance

     DP World Chairman HE Sultan Ahmed bin Sulayem has met with Algeria’s Minister of Transport HE Amar Ghoul to discuss DP World’s continued investment in Algeria. DP World was awarded the concession to operate the container terminal in the Port of Algiers, DP World Djazair, in 2008. DP World Djazair is a joint venture between […]

  • 31 August 2015
    Business & Finance

    The strategies of the major shipping lines regarding terminal ownership are surprisingly varied, with carriers facing a dilemma with their container terminal ownership strategy: whether to sell, to buy, to do both – or do nothing, according to Drewry’s Global Container Terminal Operators Annual Report 2015. Much has been said and written about the financial challenges facing […]

  • 31 August 2015
    Business & Finance

    The strategies of the major shipping lines regarding terminal ownership are surprisingly varied, with carriers facing a dilemma with their container terminal ownership strategy: whether to sell, to buy, to do both – or do nothing, according to Drewry’s Global Container Terminal Operators Annual Report 2015. Much has been said and written about the financial challenges facing […]

  • 17 December 2013
    Business & Finance

    The EBRD is providing a $92 million loan for Turkey’s first trans-shipment container terminal AsyaPort, as the country continues to improve its infrastructure to create the conditions for sustaining its strong economic growth. The Bank’s financing will be used to design, build, operate and maintain a new container terminal in the town of Barbaros, Tekirdag […]

  • 2 April 2015
    Business & Finance

    Dubai-based port operator DP World has agreed to buy Fairview Container Terminal in Prince Rupert, British Columbia, Canada from Deutsche Bank for CAD 580 million (USD 457 million). Fairview is a purpose built terminal with a current capacity of 850,000 TEUs (twenty-foot equivalent container units), soon to be expanded to 1.35 million TEUs. The concession period runs to […]

  • 11 March 2015
    Business & Finance

    Maher Terminals Holding Corp., the operator of the Fairview Container Terminal at Canada’s Port of Prince Rupert, will proceed with expansion of the 7-year-old facility, increasing its container capacity by 500,000 TEUs. The project will provide a second deep-water berth, four additional gantry cranes, and land reclamation to further expand the container yard. On-dock rail trackage […]

  • 16 August 2016
    Business & Finance

    In an effort to boost its liquidity and reduce its quarterly loss, the South Korean shipping company Hanjin Shipping is looking to sell its stake in US container terminal, located in Long Beach, Korea Herald cited sources close to the matter. Namely, the company would reportedly sell its share in the Long Beach-based Total Terminal International […]

  • 26 February 2018
    Business & Finance

    Djibouti cancelled DP World’s concession contract due to the recent poor performance of the DCT.

  • 6 August 2018
    Business & Finance

    Djibouti has refused the decision of the London Court which declared seizure of DCT from DP World as illegal.

  • 10 June 2019
    Business & Finance

    The expansion will enable the container terminal in Rijeka to handle vessels with a capacity of up to 20,000 TEU.

  • 20 May 2019

    It is expected that Prince Rupert will become Canada’s 2nd largest port in the next 5 years.

  • 14 December 2018
    Business & Finance

    Bids start to pour in for COSCO Shipping Holdings’ sale of the Long Beach Container Terminal.

  • 24 March 2015
    Business & Finance

    Port operator Piraeus Container Terminal S.A. (PCT) and its parent company Cosco Pacific Limited (Cosco) will have to pay back the fiscal benefits received from Greece. Namely, the European Commission (EC) has concluded that certain fiscal benefits granted by Greece in favour of PCT and Cosco provided the beneficiaries with an undue advantage over their […]

  • 25 July 2016
    Business & Finance

    Global private equity firm Advent International is considering to sell its stake in Brazil’s second largest container terminal, Bloomberg cited sources close to the matter. The sources revealed that the stake in the container terminal, Terminal de Contêineres de Paranaguá (TCP), could reach a price of up to USD 1.2 billion. Advent International purchased the 50 […]