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Technology / Design Solutions

Shipping giant Maersk Line is reportedly in talks to purchase ten Ultra Large Container Vessels (ULCV) worth an estimated $1.5 billion.

Taiwanese shipping firm Evergreen Line has signed agreements to charter eleven ultra-large container ships (ULCS) from Japan’s Shoei Kisen Kaisha. Each ship has a capacity of 18,000 TEU and will be built by Japanese shipyard Imabari Shipbuilding.

A new deadline for bids to construct a multi-purpose terminal at the Port of Santa Fe in Central Argentina has been set for March 19. A previous deadline on the 29 December last year was reached with no bids submitted, resulting in a re-tender for the project.

The Port of Montreal is set to receive a $132 million expansion thanks to investment from the Canadian federal government and the Montreal Port Authority (MPA).

A new design of container ship aims to take advantage of prevailing winds to deliver fuel savings of 60% and emission reductions as high as 80%. Based on principles from aeronautical design, the VindSkip has been conceived by Norwegian firm Lade.

Danish terminal operator APMT has placed an order for 16 Rubber-Tire Gantry cranes (RTGs) from Finnish manufacturer Konecranes. The investment is part of APMT’s ongoing upgrade and expansion strategy and the new RTGs will be installed at the firm’s sites in Algeciras, Spain and Apapa, Nigeria.

The Port of Tangier in Morocco is set to be the first call for Maersk’s new Marstal super-vessel when it leaves its current dock in the Port of Rotterdam next month. Operating on Maersk Line’s AE10 Asia/Europe service the 18,300 TEU ship is the largest in Maersk’s fleet.

A new terminal costing £1.5 million has been opened in Newport in South Wales to protect ships and cargoes as they are unloaded. The steel structure rises 25 metres high and took 14 months to complete.

Expansion work on the Panama Canal has reached a critical milestone with the installation of the first steel rolling gate at the Atlantic side. The last four of the 16 rolling gates for the new locks are now ready for the electro-mechanical installation phase, ahead of planned completion by mid-2015.

International container terminal operator APMT has stated its soon to be commissioned Maasvlakte II Terminal will be the first in the world to eliminate container handling equipment emissions.


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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