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Wednesday, 03 September 2014 10:34

€133m expansion starts in Quetzal

Spanish port operator Grup TCB announced this morning that it has started €133 million expansion works at the Quetzal container terminal (TCQ), on the Pacific coast of Guatemala.

Published in Emerging Economies

Shipping lines Maersk and MSC filed their 2M vessel-sharing proposal with the Federal Maritime Commission (FMC) this week. The joint venture is expected to notify customers of network and transit times by the end of September.

Published in Regulation and Policy
Thursday, 28 August 2014 11:15

APS to supply crane OCR solution for ITS

Swiss equipment developer APS Technology will supply its optical character recognition (OCR) solution to improve the accuracy and effectiveness of automated container handoff at the International Transportation Service (ITS) container terminal in Long Beach, California.

APM Terminals has completed a deal to sell its state-of-the-art container terminal in Portsmouth, Virginia to a consortium of investors. U.S. legal firm Morgan Lewis  advised on the deal which closed on 22 August for an undisclosed sum.

Published in Finance Deals

The Port Metro Vancouver authority has approved a 4million tonne coal export terminal for the west coast port at Fraser Surrey Docks (FSD). The terminal is set to begin operations in the third quarter of 2015 and is expected to cost $15 million.

Published in Energy Ports

Carnival Corporation has signed a letter of intent to develop a new $70 million cruise port in Tortuga, an island just off the northern coast of Haiti. 

Published in Finance Deals

The Georgia Ports Authority (GPA) today announced that Savannah reached an all-time high in container trade in July, as US West Coast ports are losing volumes to East Coast facilities.

Published in Regulation and Policy

The Panama Canal Authority (ACP) reports that China Harbour Engineering Company (CHEC) is interested in future projects in the waterway, especially in building and financing a fourth set of locks.

Published in Finance Deals
Friday, 08 August 2014 14:32

New Michelin tyre for straddle carriers

Michelin has introduced a new tyre for straddle carriers.

The Panama Canal Authority (ACP) and the consortium building the new locks for its expansion have finally signed the co-financing agreement for the completion of works.

Published in Finance Deals

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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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