Investing in the port of Novi Sad 
The logistics company P & O Port Dubai (UAE), which bought the Serbian port of Novi Sad in May 2019, will invest around EUR 29 million in the port company to develop the facility. The construction of a new 189 m vertical quay wall, new silo capacities, new handling equipment... plus
Port of Switzerland reverses the trend
The Port of Switzerland (comprising the ports of Kleinhüningen, Birsfelden and Muttenz-Auhafen) handled about 3.2 million t in the first half of 2019. This corresponds to an increase of 12.5% compared to the almost 2.87 million t of cargo handled in H1/2018. Import traffic –... plus
Ça y est: le début est fait 
L’infrastructure permettant de traiter les grands porte-conteneurs est aujourd’hui la clé pour accroître le volume de transbordement des ports. À Guadeloupe Port Caraïbes, l’armement Marfret a ouvert la voie en juillet 2019. plus
Evergreen jacks up its profit
Evergreen Marine Corp. has published its results for Q2/2019. The Taipeh (Taiwan)-headquartered carrier announced a jump in gross profit of almost NTD 3.7 billion (USD 118 million). In the same period of 2018, the gross result was just about in the black at NTD 109 million (USD... plus
Boxes keep flowing into Los Angeles
Container throughput in California (USA) continues apace. For the fourth consecutive month, the Port of Los Angeles has set a new single-month cargo record. In July, the port moved more than 912,000 teu, making it the busiest July in the port’s 112-year history. Container... plus
STS and RTG make hay while the sun shines
At its Las Palmas container terminal, Operaciones Portuarias Canarias (OPCSA) recently concluded an agreement that comprises a Kalmar complete care service contract covering the terminal's ship-to-shore (STS) and rubber tired gantry (RTG) cranes. Established in 1986, OPCSA... plus
A new joint venture in Thailand
In Thailand, SCG Logistics and PSA Thailand have concluded an agreement to invest in the development and operation of the Thai Prosperity Terminal. A rebranding of the facility as Thai Connectivity Terminal (TCT) is part of the contract which involves the setting up of a joint... plus
Yang Ming's policy pays off
Reporting on Q2/2019, Yang Ming has reduced its financial losses significantly by 66.22% as compared to the same period of the previous year. The Taiwan-based carrier announced a gross profit from operations of NTD 1.16 billion (USD 36.9 million) in Q2/2019, compared to a... plus
Rising figures in Hamburg
The terminal operator Hamburger Hafen und Logistik AG (HHLA) concluded the first half of 2019 with rising revenue and results. In conjunction with an increase in revenue in the logistics segment and a once again moderate uptick in revenue from property management, total revenue... plus
ICTSI celebrates a successful first half of 2019
For the first six months of 2019, the Manila (Philippines)-headquartered port and terminal operator International Container Terminal Services (ICTSI) has reported its unaudited financial results. The revenues from port operations were at USD 751.8 million, an increase of 14%... plus