CMA CGM to acquire 48% stake in Santos Brasil
NewsCMA CGM has signed an agreement to acquire a 48% stake in Santos Brasil, a multi-terminal operator managing key assets across Brazil’s ports.
PTP sets its date for N4
Tanjung Pelepas will be the largest single terminal to date to convert to N4 yet.
The Port of Tanjung Pelepas has announced that it will upgrade its TOS from Navis SPARCS and Express to Navis N4 on 10 July. With a volume of almost 9 million TEU in 2018 PTP will be the largest single terminal to make the conversion so far.
By now, most of the terminals operating SPARCS and Express around the world have moved to N4, or in some cases another TOS. As PTP notes SPARCS and Express have reached “end of life” and no further enhancements or upgrades area available.
At 9M TEU PTP is a one of the largest single terminal facilities in the world, and a significant “scalability” test for Navis N4. WorldCargo News has discussed the TOS migration with PTP executives previously, who said they wanted to see a similar facility make the transition successfully before committing. TOS migrations carry a risk of operational disruption, and with a single terminal handling a large volume PTP does not have much room for error.
Last year Navis notched a significant milestone when Tianjin became the “largest N4 Terminal Complex by TEU to date”. Tianjin is handling over 15M TEU across six terminals, but they are now consolidated under the Tianjin Port Group, and are all running off one instance of N4.
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