The boom of a giant ship-to-shore crane collapsed onto the deck of a containership at the Port of Vancouver on Monday. According to reports, the incident occurred at about 4 a.m. Monday morning as the ship, identified as MV Ever Summit, was berthed at the GCT Vanterm terminal at Port Metro Vancouver. A video from Canada's Global News shows the boom resting across at two … [Read more...]
Port of Hong Kong Ranking Falls to Lowest in at Least 40 Years
By Kyunghee Park (Bloomberg) -- Hong Kong’s continued slide down the rankings of the world’s great ports has pushed billionaire Li Ka-shing’s freight-terminal operator to take action. HongKong International Terminals Ltd., the city’s biggest container-terminal operator and part of Li’s CK Hutchison Holdings Ltd., is freezing salaries for all its staff this year due to rising … [Read more...]
Dubai’s DP World Seeks to Quash India Antitrust Probe Over Mumbai Port-Court Filing
By Aditya Kalra NEW DELHI, Dec 17 (Reuters) - Dubai's DP World has approached an Indian court to quash an antitrust investigation recently ordered into its alleged anti-competitive behaviour at the country's largest container port in Mumbai, a legal document reviewed by Reuters showed. The Competition Commission of India (CCI) last month said it suspected alleged … [Read more...]
Northern French Ports Ready to Ease Congestion from Any Brexit Fallout
By Jonathan Saul LONDON, Nov 21 (Reuters) - Smaller ports in northern France are ready to absorb more shipping traffic from Britain if congestion builds up due to any fallout from Brexit, a top French official said on Wednesday. The Ports of Normandy Authority (PNA) currently owns and operates Cherbourg and Caen-Ouistreham terminals and will take on operating Dieppe nearby … [Read more...]
Piraeus Port Urges Greece to Speed Up Investment Plan Approval
By George Georgiopoulos ATHENS, Oct 19 (Reuters) - Piraeus Port Authority (PPA), operator of Greece's largest port, wants the Greek government to speed up the approval of an investment plan that aims to attract more business to one of Europe's largest harbours, executives said on Friday. PPA, majority owned by China's COSCO Shipping , is awaiting the green light from … [Read more...]