PSA buys 20% stake in HPH

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In its biggest single investment ever, PSA is to purchase a 20% stake in Hutchison Whampoa Ltd (HWL)’s portfolio of ports - Hutchison Port...

Distress sale for BTI equipment

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The bankruptcy division of the Rome Civil Court (TCR) has ordered a sale by sealed bid (vendita senza incanto - ie no public bidding) of the...

GE SeaCo gets CDI audit

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GE SeaCo reports that it has become the first tank container leasing company to be audited by the UK-based Chemical Distribution Institute (...

ITCO on fall prevention

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The International Tank Container Organisation (ITCO) has published a safety protocol, Prevention of Falls From ISO Tank Containers, develope...

CIMC compensation bill

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Port operator and container lessor Cosco Pacific will spend up to CY4.24B (US$530M) to compensate shareholders of China International Marine...

Bathside Bay gets green light

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The UK government has given the formal go-ahead for Hutchison Ports (UK) to develop a new container terminal at Bathside Bay, to be known as...

Bromma’s twin yard boom

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Bromma has reported a raft of new orders for twinlift and separating twinlift spreaders for yard gantry cranes....

GNSL moves

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Geest North Sea Line (GNSL), acquired by Samskip last year, is restructuring its operations in the Scandinavian and Baltic markets, includin...

Eurotunnel record

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Eurotunnel’s freight shuttle traffic grew by 2% last year to 1.309M units, but yield increased by more, thanks to the success of the new a...

Betuwe deal struck

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After months of infighting, the Dutch Minister of Transport Karla Peijs has been forced to backtrack somewhat on the question of who should ...

Riga plan

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The Port of Riga plans to invest US$88M in a new container terminal on the northern part of the island of Kundzinsala. This will require Lat...

Boulogne pulls a fast one

News
CCI Boulogne has announced a €20M investment in a new ro-ro berth, due into service in June 2007, dedicated to fast jet cargo carriers....

New Freyer box terminal

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Freyer GmbH, which up to now has concentrated on conventional cargo handling in the German port sector, is set to open its new container ter...

Privatisation protests

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Christchurch City Holding Limited’s (CCHL) thwarted attempt to take over Lyttelton Port Company (LPC) and sell a majority stake to a new c...

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