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25/05/2012 PHILIPPINE container terminal operator International Container Terminal Services has acquired a new multi-trailer system or MTS to be deployed at its flagship Manila International Container Terminal.

APM Terminals has made a proposal to transfer ownership of its Portsmouth terminal in the US to the state of Virginia on condition that it operates Hampton Road port facilities under a concession agreement, the Danish operator said on Thursday.

Australia has scrapped the planned $8.8 billion expansion of the Abbot Point coal terminal in Queensland.

Israel is to privatise its Red Sea port of Eilat, Israel Ports Company (IPC) said on Thursday.

Eric Sisco, APM Terminals’ Americas Region President, this week said the Danish operator has an ambitious plan to put Hampton Road port facilities in Virginia at the ‘centre stage of global commerce.’

Nissan, the Japanese car maker, is to invest $100m at Barcelona to build its new electric compact van from where it will be exported worldwide, Nissan said on Thursday.

EMERGING economies continue to roll out eye-popping port expansion plans, but getting started is quite another matter.

ADRIATIC Gate Container Terminal in the port of Rijeka in Croatia will get a HRK Croatian Kuna 133 mn (US$22.4M) boost for terminal development this year and an additional HRK 88M for 2013.

22/05/2012 PSA International of Singapore has signed a “strategic” agreement with China’s Tianjin Port Group to facilitate further co-operation.

The Mediterranean light flooding the office of Doug Schultz, the CEO of port operator Noatum, is a blinding contrast to the prevailing darkness of Spain’s economic horizon.

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Port Finance International provides online news and conferences worldwide. It is a platform and a community for senior industry experts and players to review and discuss the market. Our online news team provides daily coverage of international port finance, investment and operations news. A weekly e-newsletter- sent to readers free of charge - covers the key news and views of the week.

Port Finance International's conferences and training programmes are held across the globe. These events feature key industry figures and they address market challenges and trends as well as providing industry players with essential networking opportunities.

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