Terminal operators Kingston Wharves Limited (KWL) have announced plans to begin construction next month of a new $20 million logistics centre at their site in Newport West, Jamaica. The facility will cover more than 150,000 square foot and is expected to be complete in 2015.
APMoeller Terminals (APMT) is about to invest Reais54.5million ($22 million) between now and the end of this year on new Ship to Shore Gantry Cranes (SSGCs) and other equipment for its port terminal in Pecem, in northern Brazil.
U.S. bank Morgan Stanley is to provide consultancy services to Indian conglomerate Adani Enterprises, on the sale of part of the company’s stake in the Abbot Point coal port in Australia.
The U.S. Federal Maritime Commission (FMC) has approved the Ocean Three Alliance consisting of CMA CGM, China Shipping and United Arab Shipping Co. without the standard 45 day review due to the low U.S. volumes shipped by the three lines. FMCCommissioner Richard Lidinsky has called for an investigation into the handling of the case however and is said to be 'troubled' by the way staff handled the alliance's antitrust process.
Asset tracking and data monitoring specialist Globe Tracker International (GTI) has announced new vehicle tracking and monitoring solutions for RORO terminal operations.
Research conducted at the Massachusetts Institute of Technology (MIT) has developed new low-cost submersible robots capable of performing port security functions.