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| ICTSI rides Economic Storm |
| Containerization International Online-2008/11/15 |
Manila-based International Container Terminal Services Inc (ICTSI) has posted a sterling set of results for the third quarter of its 2008 fiscal year, which ended September 30.
Turnover of PHP5.7 billion (USD117.9 million) was up about 35% ... |
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| DP World to invest in Algeria |
| Containerization International Online-2008/11/15 |
Dubai-headquartered DP World has confirmed that it has signed joint venture deals in Algeria that will result in it taking over, managing and investing in the ports of Algiers and Djen-Djen.
Rumors had been circulating for some time that DP ... |
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| DP World takes over in Aden |
| Containerization International Online-2008/11/09 |
| DP World, one of the world's leading operators of container terminals, has expanded its network to 46 facilities in 26 countries. This follows the successful completion of a deal announced in July 2008 to take over the box -handling activities in the ... |
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| UASC to benefit from NWA and Maersk capacity cuts? |
| Containerization International Online-2008/11/08 |
The United Arab Shipping Company (UASC) is countering the rush to cut capacity on the troubled Asia - Europe trade lane by commencing an additional nine vessel loop using its 'A7' 6,900 TEU new buildings.
Hanjin Shipping and Senator Lines ar ... |
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| DP World takes over in Aden |
| Containerization International Online-2008/11/08 |
| DP World, one of the world's leading operators of container terminals, has expanded its network to 46 facilities in 26 countries. This follows the successful completion of a deal announced in July 2008 to take over the box -handling activities in the ... |
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| Modern Terminals convert RTGs to 'eco' fuel savers |
| Containerization International Online-2008/11/08 |
Hong Kong's container terminal operator Modern Terminals Limited (MTL) is to convert 44 rubber-tyred gantry cranes (RTGs) into hybrid RTGs - which should slash the fuel consumption per each converted RTG by nearly 40%.
Having signed a contra ... |
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| Downturn impacts on Taiwan's top three carriers |
| Containerization International Online-2008/11/08 |
The impact of the economic downturn can be seen in the disappointing Q3 results posted by Taiwan ocean carriers Evergreen, Wan Hai and Yang Ming.
Evergreen Marine saw its Q3 net income plummet by 94% to USD44.79 million and operating profit ... |
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