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Vadinar and Mumbai, 27 June 2016: The marine terminal of Vadinar Oil Terminal Ltd (VOTL), which is part of Essar Ports Ltd, has been the best performing terminal in the Kandla Port Trust (KPT) for two consecutive years. The terminal recently received a certificate of appreciation from KPT, which crossed 100 million tonnes of cargo throughput for the first time in FY 2015-16.

panamacanallogo smPanama City, Panama, June 26, 2016 – Early Sunday morning, the inaugural transit of the Panama Canal Expansion began with the transit of Neopanamax vessel COSCO Shipping Panama through the new Atlantic-facing Agua Clara Locks.

Jacques Vandermeiren (52) has been appointed CEO of Antwerp Port Authority as of 1 January 2017. He succeeds Eddy Bruyninckx who after 25 years at the head of the Port Authority is retiring on 31 December 2016. Until January 2015 Vandermeiren held the position of Chief Executive Officer of Elia, the listed company that operates the national electricity grid in Belgium. He can draw on extensive experience in the energy sector, which will stand him in good stead with the industrial operators in the port. He also has the necessary experience with complex stakeholder management and in dealing with a publicly-owned shareholder.

Forth Ports confirms that from next week (w/c 27 June), the company is ready to launch its weighing solution for export customers to determine the VGM (Verified Gross Mass) of containers arriving at its terminals in Tilbury and Grangemouth to ensure compliance with the updated provisions of SOLAS VI (Safety of Life at Sea)*.

Since 2008 the Maersk Group has successfully gone through a phase of operational optimisation in each of its businesses to the point of top quartile performance in most units.

As part of continued efforts in testing and developing advanced port technologies, PSA Singapore (PSA) has invested in 22 new Automated Guided Vehicles (AGV) for its container terminals, bringing the fleet to 30 units.

apmlogo sm- The installation of navigational aids allows the Port of Monrovia, operated by APM Terminals, to accommodate vessels at night.
- Liberian membership in the WTO has been ratified.

With an interim president – Michel Temer - now in place in Brazil, following the continuing impeachment process against Dilma Rousseff, the port and transport sectors in the South American country are now undergoing a major shake-up.

CMA CGM S.A. (CMA CGM) and PSA Singapore Terminals Pte. Ltd. (PSA) will form a joint venture company CMA CGM-PSA Lion Terminal Pte. Ltd. (CPLT) to operate and use four mega container berths at Pasir Panjang Terminal Phases 3 and 4 in Singapore.

15 June 2016

PD Ports has welcomed one of the biggest wind farm installation vessels in the world, Pacific Orca, to its newly redeveloped £35 million quay at Teesport.

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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.

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