DP World announces CARGOES Ports and Terminals solutions category
DUBAI : The CARGOES team of DP World has announced a new Ports and Terminal Solutions category on its suite of enterprise products and services. The announcement came on the first day of the CARGOES Digital
Govt finalises revised model pact for new private cargo terminal deals at major ports
NEW DELHI : The Government has finalised a revised model concession agreement (MCA) to be followed by the Centre-owned major ports while implementing new cargo handling projects with private funds. A concession agreement sets
Government draws flak on retaining minimum cargo guarantee clause in model pact for private terminal…
Royalty to be paid by the private terminal operator to the port authority is based on the actual volumes handled in a year or on the MGC, whichever is higher MUMBAI : Private investors
CMA CGM acquires major Los Angeles terminal for US$2.3 billion
MARSEILLES : CMA CGM Group has signed an agreement to buy a 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, currently held by EQT Infrastructure III. Therefore, CMA CGM will
Adani pact with Terminal Investment for post-bid alliance
MUMBAI : With its qualification possibly in doubt for the Jawaharlal Nehru Port Trust’s container terminal tender due to bid conditions, the Adani Group has struck an arrangement with Terminal Investment Ltd, a unit
Ships resume berthing at Ningbo’s halted port terminal in China
NEW YORK : Ships have resumed berthing operations at a halted container terminal in Ningbo, China, adding to optimism that full activity at one of the world’s busiest ports will be restored shortly after
Long Beach completes electric box terminal project
The Port of Long Beach (POLB) has announced the completion of the Long Beach Container Terminal (LBCT) at Middle Harbor, equipped with nearly all-electric and zero-emissions equipment. LBCT at Middle Harborone constitutes “one of
The first development of an automatic container seal dispenser
HMM PSA New-port Terminal (HPNT) has developed Korea’s first automatic container seal dispenser. It has succeeded in developing this automatic seal dispenser after a year and a half of research and cooperation with LeTech,