Yesterday Konecranes signed EUR 1,500 million unsecured financing facilities to fund the proposed acquisition of Terex's MHPS business.

DP World has signed a long-term lease agreement for the expansion and operation of the multi-purpose Rodney Container Terminal at Saint John, New Brunswick, Canada. The global trade enabler will start running existing operations on 1 January 2017 and work in partnership with the Saint John Port Authority on a planned expansion programme expected to be completed in 2021, with the lease continuing for 30 years after.

A £500,000 programme of refurbishment is underway on Hull's Alexandra Dock to ensure the long-term future of three listed structures. This latest scheme brings ABP's total spend on listed buildings to £700,000 over the past three months, following a £200,000 investment in the Port of Goole's last remaining boat hoist.

ABP's Port of Ipswich, the UK's number one grain exporting port, has handled more than one million tonnes of grain in the 2015/16 harvest year, a record total for the port and its customers.

Governor John Bel Edwards appointed Tara C. Hernandez to the Board of Commissioners of the Port of New Orleans. Hernandez, who was sworn in during their monthly Board meeting, will serve a five-year term, succeeding Gregory R. Rusovich, one of four Orleans Parish representatives on the seven-member regional Board.

Ports America, the largest U.S. stevedore and terminal operating company and the current operator of Florida's Port Tampa Bay Container Terminal, has signed an amended container agreement that will be valid through May 2046.

Global Shipper Forum (GSF) members have joined forces and announced a plan to put a stop to shipping surcharges. The ambitious goal to end the imposition of container shipping surcharges within five years has been adopted by the GSF at its Annual Meeting currently taking place in Colombo, Sri Lanka this week.

Kate Hollis, Senior Claims Executive at TT Club in Sydney, discusses the risks faced by licenced customs brokers and mitigation steps to take: "As the international trade regulatory landscape continues to change and the commercial environment becomes increasingly competitive, the balancing act for forwarders and customs brokers between providing services to clients and complying with obligations to customs becomes more complicated.

Commenting on Brexit and the forthcoming negotiations BPA Chairman Rodney Lunn said on Friday: "The vote for Brexit, whatever one's views, raises some formidable challenges for the government as policy starts to take shape on how withdrawal will be achieved.
Whatever the outcome, ports are going to play a key role as it is they who are at the sharp end, the locations where border controls for freight and passengers are carried out....

Thirty-three new tractor units and trailers have arrived at the Port of Liverpool to serve its existing Royal Seaforth Container Terminal and the new Liverpool2 development.