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CEPAL: ICTSI Honduras is CA-4’s Best Port

Chennai: Port Wings News Network: The United Nations Economic Commission for Latin America and the Caribbean (Comisión Económica para América Latina y el Caribe or CEPAL) has voted Puerto Cortés operated by Operadora Portuaria Centroamericana (OPC), the Honduran subsidiary of International Container Terminal Services, Inc. (ICTSI), as the best maritime …

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Shipping Secretary Inaugurates Newly Constructed Terminal at NMPT

Mangalore: Port Wings News Network: New Mangalore Port achieved yet another milestone on 22 May 2019 when Shri Gopal Krishna, IAS, Secretary (Shipping), Government of India, inaugurated the newly constructed Terminal at Berth No.16 for mechanised handling of coal at a project cost of Rs. 469.46 crores in the presence …

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Maharashtra Maritime Board Explores Private Route to Build Vadhawan Port

Mumbai: Port Wings News Network: The Maharashtra Maritime Board (MMB) has started “internal discussions’ on building a new private port at Vadhawan in Palghar district on the public-private-partnership (PPP) model, citing delays in getting Central Government approval for the project, now helmed by state-owned Jawaharlal Nehru Port Trust (JNPT) as …

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Stockholm Norvik Port – A Game Changer in Baltic Sea

Chennai: Port Wings News Network: In one year the brand new Stockholm Norvik Port will open. The Hong Kong Chamber of Commerce in Sweden arranged a seminar in the heart of Stockholm together with The Ports of Stockholm and Hutchison Ports in order to highlight the benefits the new port …

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DP World Reports Flat Gross Volume in First Quarter of 2019

Chennai: Port Wings News Network: DP World PLC handled 17.5 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first quarter of 2019, with gross container volumes declining by 0.6% year-on-year on a reported basis. Gross like-for-like volumes declined by 0.7% in 1Q2019 due to …

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New High Bay Container Storage System Launched As “Boxbay”

Chennai: Port Wings News Network: A new international joint venture that aims to change the way that containers are handled in ports has been launched by global trade enabler DP World and industrial engineering specialists, SMS Group. “BOXBAY” represents a new and intelligent High Bay Storage (HBS) system that will …

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ICTSI Argentina Launches Operations

Chennai: Port Wings News Network: TecPlata, the new container terminal located in Argentina’s Puerto de La Plata, recently began operations, with an opening ceremony that was attended by the vice governor of the province of Buenos Aires, the Minister of Production and several other national, provincial and municipal officials. The …

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