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ICTSI 9-month net income up 22% to US$128.8 million

International Container Terminal Services, Inc. (ICTSI) reported unaudited consolidated financial results for the first nine months of 2013, posting revenue from port operations of US$624.7 million, an increase of 19 percent over the US$524.7 million reported for the same period last year.

AfDB and Namibia sign ZAR 2.9 billion loan agreement for the construction of new Port of Walvis Bay Container Terminal

The African Development Bank Group (AfDB) and Namibia on Friday, November 8, 2013 signed a ZAR 2.9 billion (US $338 million) sovereign guaranteed loan to Nambia Ports Authority (Namport) to finance the construction of a container terminal at Walvis Bay New Port.

Three new transatlantic services calling at DP World Southampton

On the 5th of November DP Word Southampton marked the start of three new transatlantic services calling at the terminal with the inaugural call of Hapag-Lloyd's Kobe Express.

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First ship calls at DP World London Gateway

Britain's new global shipping port today welcomes its first scheduled vessel, the 'MOL Caledon' from South Africa.  

Transas installed Vessel Traffic Management System for the Bahia Blanca Port

Transas USA are pleased to announce the successful installation of the Vessel Traffic Management System in Bahia Blanca Port.

Cavotec wins largest MoorMaster automated mooring order to date

Cavotec has been awarded a EUR 10 million order for MoorMaster automated mooring units at a container port to be disclosed later in a joint press release with the customer.

3.0% growth for port of Antwerp in first 9 months

The port of Antwerp handled a freight volume of 143,015,226 tonnes in the first nine months of this year, 3.0% more than in the same period last year.

PSA acquires container terminal in Lianyungang

A subsidiary of PSA International (PSA) has signed a Sale and Purchase Agreement to acquire stakes in a new container terminal company in Lianyungang Port in Jiangsu Province, China.

Long Beach and Busan sign 'Sister Port' pact

Representatives of the Port of Long Beach and the Busan Port Authority met this week in South Korea to sign a "sister port" agreement to establish a mutually beneficial exchange of technology, ideas and culture.