-
02 2022-08 ICTSI takes over Indonesian port in $47 million deal International Container Terminal Services Inc. (ICTSI) will acquire a majority stake in an Indonesian port as the operator expands its global footprint.The Philippines-based firm signed a Conditional Share Subscription and Purchase Agreement with Indo Port Holding Pte Ltd. and Eastlog Holding Pte...
More
-
01 2022-08 China ports move 142 million TEU in H1 2022 Ports across China moved a total of 142.3 million TEU over the first half of 2022, a 3 per cent year-on-year increase.During the same period, the cargo volume of Chinese ports stood at 7580 million tons, a slight decline of 0.8 per cent year-on-year.The port of Shanghai saw the largest traffic in ...
More
-
29 2022-07 Shell signs off on Rotterdam port hydrogen plant Shell has taken the final investment decision to build Europe’s largest green hydrogen plant on Maasvlakte 2 at the Port of Rotterdam.The plant will be named Holland Hydrogen I and is expected to become operational in 2025.Shell signed the supply contract with thyssenkrupp Uhde Chlorine Engineer...
More
-
28 2022-07 Singapore sets up first energy storage platform at Pasir Panjang terminal Singapore has deployed its first energy storage system (ESS) to enable more energy efficient port operations at the Pasir Panjang Terminal.The project is part of an $8 million partnership between the Energy Market Authority (EMA) and PSA Corporation Ltd (PSA) to transform PSA’s energy usage in ...
More
-
27 2022-07 Rotterdam container volumes dip due to Russia conflict Container flows at the Port of Rotterdam have dipped for the first half of the year as a result of the loss of container traffic to Russia and continued disruption to logistics networks around Europe.The throughput of containers was down 4.4 per cent in TEU compared to the first half of 2021.Fact...
More
-
26 2022-07 Cavotec builds 9.2m-drum crane cable reel Cavotec have recently built what is believed to be one of the world’s largest mono-spiral motorised cable reels. With a drum diameter of 9.2m, and weighing in at 10,000kg, it is the largest drum manufactured by Cavotec to date.This extraordinary unit has even prompted the release of a new gearbo...
More
