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Dredging in Figures 2013

The International Associaiton of Dredging Contracts (IADC) has published their "Dredging in Figures" - an annual review of the global dredging market. The document focuses on the global dredging and maritime construction industry in 2013.

Terminal Petikemas Surabaya orders Container Position Detection

PT Terminal Petikemas Surabaya (TPS), a joint venture between Indonesian port operator Pelindo 3 and DP World, has selected Identec's Container Position Detection (PDS) system solution to provide process automation across their yard operations.

RSC Rotterdam with new ownership structure

The Port of Rotterdam Authority and the rail terminal RSC Rotterdam have reached agreement on a new 20-year lease. To position the terminal more broadly and therefore more effectively, the ownership base has been expanded with several partners.

Maritime security company takes action on new threats

Neptune Maritime Security is expanding its specialist support to meet rising demand in port security support as well as offshore security and cruise ship protection. The Private Maritime Security Company's (PMSC) action comes as owners and operators face a growing complexity of risks from piracy and maritime crime as well as organised crime syndicates, some of which feed into terrorist networks.

Simon Bird to take over as UKMPG Chairman

At the end of November Simon Bird, who is Chief Executive of The Bristol Port Company, will take over as Chairman of the UK Major Ports Group. He succeeds Charles Hammond, Group Chief Executive of Forth Ports PLC, who is stepping down at the end of a four year term.

Broekman Distriport expands terminal for new Scandinavian liner service

Broekman Distriport is expanding its terminal in the Port of Rotterdam by 50,000m2 to distribute goods to and from Western Scandinavia.

Cargotec's financial targets for 2016

Cargotec's Board of Directors has confirmed financial targets for Cargotec Corporation for 2016.
The targets are:
- Operating profit (EBIT) margin exceeding 8%
- Return on capital employed (ROCE pre-tax) exceeding 13%
- Gearing below 50%
- Dividend 30-50% of earnings per share

SmartStack goes live at Durban Container Terminal

Kalmar, part of Cargotec, has implemented their SmartStack solution at Durban Container Terminal (DCT) in South Africa for real-time container inventory reporting and management. This is the first terminal to implement Kalmar SmartStack using the narrowband communication network involving re-engineering from the standard WiFi deployment.

Last 4 floodgates delivered to Panama

Italian steelmaker Cimolai has delivered the final four floodgates that will be used for the new Panama Canal putting the behind-schedule, over-budget project on track for completion in early 2016.

Cranes improve Port Newark Container Terminal's capacity

Port Newark Container Terminal (PNCT) hosted distinguished speakers and guests at PNCT's ribbon-cutting dedication of its three new super-post-Panamax ship-to-shore cranes.