APM Terminals’ focus on delivering competitive solutions in the market translated into strong first quarter performance. The company announced a profit of USD 215m (USD 166m). ROIC was 14.0% (12.0%). Profit, excluding divestment gains and impairment losses, was USD 217m (USD 161m). Container volumes
In March 2014 Konecranes received a major order for eighteen Konecranes Rubber Tired Gantry (RTG) cranes from DP World’s Yarimca container terminal in Turkey. The all-electric cable reel RTGs will be delivered in 2015. Konecranes has previously delivered container handling equipment to DP World term
In another landmark event, the biggest ever vessel to call at the DP World operated Saigon Premier Container Terminal (SPCT) in Ho Chi Minh City, Vietnam, arrived this week. The NYK owned Northern Genius, with a nominal TEU (twenty foot equivalent container unit) capacity of 4,300 and dwt of 54,000
In the following interview, Mr. Harold Orlinsky, Chief Operations Officer of HYPACK, which is one of the most successful providers of hydrographic and navigation software worldwide, explains the company’s latest achievements, business plans and future goals. What can you tell us about the company’
Beatrixhaven, one of Eemshaven Port’s docking basins, is undergoing its final expansion phase to become a specialised offshore wind hub. Groningen Seaports invested over EUR 56 million in the project, and it is gearing up to become a big player in the offshore wind industry. Beatrixhaven will featur
Citing it as a major victory for ports, the American Association of Port Authorities is hailing passage in the U.S. House of H.R. 3080, the Water Resources Reform and Development Act (WRRDA). AAPA President and CEO Kurt Nagle noted that this legislation “is a major victory for ports as it includes n
The U.S. Army Corps of Engineers, New York District, said that the Lake Montauk Harbor dredging project will be undertaken during the October-December 2014 window. According to the project planning, sand dredged from this area will be used for the West Jetty beach replenishment. The estimated cost o
The innovative walking jack-up platform WaveWalker 1 was presented with the Product and Equipment Innovation Award at the prestigious Ground Engineering (GE) Awards ceremony in London last week. WaveWalker 1, developed by Fugro and Van Oord, is an innovative, eight-legged ‘walking’ jack-up barge (se
The U.S. Army Corps of Engineers, Philadelphia District, is restoring the north shore of the Indian River Inlet by pumping more than half a million cubic yards of sand from the inlet onto the beach and constructing a dune. Hurricane Sandy caused overwash and flooding on the north shore, forcing Rout
MacArtney has introduced the new LUXUS Dropplate – a simple and innovative underwater camera platform enabling marine operators to perform instant and effective underwater investigations by means of three LUXUS Power LED lights and any LUXUS camera. A rugged and stable inspection platform Manufactur
Governor Nathan Deal yesterday hailed the U.S. House passage of the Water Resources Reform and Development Act as a “critical victory” in the effort to deepen the Savannah Harbor, Georgia’s No. 1 economic development project. Senate and White House approval of this bipartisan legislation is expected
Congressman Tom Reed voted in support of the Water Resources Reform and Development Act (WRRDA), making water infrastructure upgrades a reality for the nation’s ports and waterways. The bill that passed in the House by a strong bipartisan vote is the agreement reached between the House and Senate WR
The National Oceanography Centre (NOC) announced a two-year partnership with the Institute of Marine Engineering Science and Technology (IMarEST). Engaging with the global marine industry topped NOC’s reasons for partnering the Institute which counts 15,000 marine professionals from more than 100 co
The U.S. Army Corps of Engineers, St. Paul District, in cooperation with the U.S. Fish and Wildlife Service, will remove about 500,000 cubic yards of dredged material from the Grand Encampment island placement site in Buffalo County, starting this week. The Corps’ contractor, Black River Constructor