International Container Terminal Services, Inc. (ICTSI) today reported unaudited consolidated financial results for the first nine months of 2016 posting revenues from port operations of USD835 million, an increase of five percent over the USD792 million reported for the same period last year.

The Port of Barcelona has presented its Air Quality Improvement Plan, a pioneering initiative that aims to effectively reduce emissions from port activities.

Terex Port Solutions (TPS) has received orders from Bharat Mumbai Container Terminals Pte Ltd (BMCT), a wholly owned subsidiary of PSA International Pte Ltd (PSA) to supply various types of Terex stacking cranes.

ABP Chief Executive James Cooper has called on The Government to put ports at the heart of its Industrial Strategy. Speaking at a Maritime Nation event at the Foreign Office on November 2nd, Mr Cooper said ports had a vital role to play in growing exports.

Maersk Line reported a third quarter (Q3) 2016 result that is USD 380 million lower than Q3 2015. The overriding reason for the loss is decline in freight rates compared to Q3 2015. Revenue in Q3 was USD 5,359 million, which is 11% lower than Q3 2015 (USD 6,018 million).

A revolutionary new container handling system, aimed at easing the increasing problem of port congestion, is being launched at a technical demonstration in Shanghai at the end of November.

Cargotec Corporation's Board of Directors has decided to exercise the authorisation of the Annual General Meeting on 22 March 2016 to repurchase company's own shares.

The amphibious multipurpose Watermaster dredgers are used worldwide in flood prevention, deepening shallow waterways, cleaning urban canals, building infrastructure in water environment and industrial-pond maintenance work. With its large selection of heavy duty attachments, the versatile Watermaster can do all the work that conventionally requires separate machines, including dredging, excavating, raking, piling and hammering.

The Nautical Institute is pleased to announce that it has selected a new Chief Executive Officer after interviewing a competitive shortlist of six candidates. Captain John Lloyd MBA AFNI, currently the Institute's Chief Operating Officer, will take over from Philip Wake OBE RD* MSc FNI, who is retiring in May 2017 after 14 years in post.

The Belgian dredging, environmental and marine engineering group DEME and COSCO Shipping - the largest shipping company in the world - will work closely on the development of offshore wind energy in China.