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ICTSI Congo receives 1st of 2 mobile harbour cranes

Matadi Gateway Terminal (MGT), the new container and general cargo terminal on the Congo River, DR Congo, has received the first of two new mobile cranes scheduled to go into service at the terminal.

Deal signed for Konecranes Boxhunter RTG

In July a deal was signed for two Boxhunter RTGs that will be delivered to Ben Nghe Port in Vietnam.

DP World rating upgraded by Fitch

Fitch Ratings recently upgraded DP World Limited's Long-Term Issuer Default Rating (IDR) to BBB from BBB- and its Short-Term IDR to F2 from F3. The rating outlook is stable.

Van Oord executes various beach replenishments in Spain

Van Oord's Spanish subsidiary Dravo S.A. has been awarded a number of long-term beach maintenance contracts.

Port of New Orleans welcomes new CMA CGM service to South America

The world's third largest container shipping company initiated a new direct service from the Port of New Orleans to the west coast of South America last week.

Sheerness expansion plans on show to Thames Growth commission

Lord Heseltine, government local growth adviser and chair of the Thames Estuary 2050 Growth Commission, has welcomed the potential of the Port of Sheerness to contribute further to economic development in the area.

US Ambassador visits Liebherr factory in Rostock

On Wednesday, the United States Ambassador to Germany, John B. Emerson, visited Liebherr MCCtec Rostock GmbH.

Kalmar to deliver new fleet of cargo-handling equipment to Finnish port operator Steveco

Kalmar, part of Cargotec, has received an order from Suomen Satamatekniikka Oy, a subsidiary of Steveco, for four diesel-electric straddle carriers, ten heavy-duty terminal tractors for RoRo handling, four light forklift trucks and two heavy forklift trucks.

TTS Group ASA – Positive operating profit in the second quarter

Despite difficult market conditions in some segments, TTS Group continues the positive development through second quarter. The group reports an operating profit (EBITDA) of MNOK 32 in the second quarter 2016, in line with the same period in 2015.

DP World announce strong financial results

Global trade enabler DP World has announced strong financial results for the six months to 30 June 2016. On a reported basis, revenue grew 10.2% and adjusted EBITDA increased by 27.2%, adjusted EBITDA margin of 56.2%, delivering profit attributable to owners of the Company, before separately disclosed items , of $608 million, up 50.2%, and EPS of 73.2 US cents.