• 2019 March 19 11:30

    ICTSI upgrades Lae unit ahead of schedule

    South Pacific International Container Terminal (SPICT), a subsidiary of International Container Terminal Services, Inc (ICTSI) in Lae, Papua New Guinea, recently took delivery of three new hybrid rubber tyred gantries (RTGs) ahead of schedule.
     
    The equipment are part of the ICTSI Group’s ongoing program to strengthen and enhance overall operational efficiency at PNG’s leading container terminal.
     
    This investment of over PGK15.6 million, places SPICT ahead of its 2022 commitments and 50 percent above the initial agreed outlay on operational efficiency improvements.

    With a lifting capacity of 41 tons, the RTGs, both running on diesel and electric power, are expected to be deployed operationally this month. The 16-wheel cable reel RTGs can stack one over five containers high and six containers wide, including truck roadway.
     
    They include a number of safety and productivity enhancing features such as: Active Load Control, which prevents load sway and provides micro-motions in both trolley and gantry directions; Auto-steering with container positioning interfaced to the terminal operating system; stack collision prevention; a truck guiding system; and a truck trailer anti-lifting system.
     
    Once the commissioning is complete, these RTGs will be automation-ready.
     
    ICTSI South Pacific has invested in three mobile harbor cranes for its Lae terminal; and there are presently six Papua New Guinean crane operators, three of whom are female, currently training at ICTSI’s Manila flagship as part of efforts to further enhance the performance of equipment operators.
     
    New RTGs at SPICT

    Hybrid RTGs for Lae. Global port operator International Container Terminal Services, Inc (ICTSI) recently took delivery of three new hybrid rubber tyred gantries (RTGs) for its subsidiary South Pacific International Container Terminal (SPICT) at the Port of Lae, Papua New Guinea. Delivered ahead of schedule, the new RTGs form part of the Company’s long-term investment towards capacity enhancement and environmental efficiency across its operations.

    About South Pacific International Container Terminal

    In September 2017, ICTSI, through its Papua New Guinea subsidiary South Pacific International Container Terminal Limited, signed a 25-year terminal operations agreement with state-owned PNG Ports Corporation Limited for the Port of Lae. SPICT’s contract specifically covers the port operations and facilities at the South Pacific International Container Terminal.
     
    About ICTSI South Pacific Limited

    Incorporated in 2017, ICTSI South Pacific is a wholly-owned subsidiary of global port operator International Container Terminal Services, Inc. (ICTSI) in Papua New Guinea. Investing more than PGK4 million to empower Papuan communities, the Company operates the Motukea International Terminal (MIT) in Port Moresby and South Pacific International Container Terminal (SPICT) in Lae Tidal Basin.
     
    About International Container Terminal Services, Inc.

    Headquartered and established in 1988 in Manila, Philippines, International Container Terminal Services, Inc. (ICTSI) is in the business of port operations, management and development. ICTSI’s portfolio of terminals and projects spans developed and emerging market economies in the Asia Pacific, the Americas, Europe, Middle East and Africa. ICTSI has received global acclaim for its public-private partnerships with governments divesting of their port assets to the private sector.




2019 April 18

18:36 South Stream Transport B.V. and Saipem announce the amicable settlement of mutual differences
18:06 Seaway 7 selected as partner to develop Hollandse Kust Zuid Offshore Wind Farm
17:36 WinGD reports strong first quarter 2019
17:11 Launching ceremony held for eighth shallow-draft barge of Project ROB20
17:05 SOFEC completes engineering, supply and delivery of mooring system
16:26 Port of Murmansk to welcome eight cruise liners in summer season of 2019
16:05 Cooperation agreement between Eimskip and Royal Arctic line approved by the Icelandic Competition Authority
15:44 Navios Acquisition announces $103.2 million sale and leaseback transaction for three MR2 product tankers and two LR1 product tankers
15:12 Nefteflot laid down two barges of Project RDB12 ordered by STLC
15:10 MOL to acquire strategic stake in six group companies, each owning a Very Large Ethane Carrier
14:40 Port of Rotterdam freight throughput grows by 5.1% in first quarter of 2019
13:44 Bunker prices are slightly up at the Far East ports of Russia (graph)
13:03 Biggest European shipbuilders collaborate on vessel connectivity in project Code Kilo
12:49 NOVATEK reports preliminary operating data for the first quarter 2019
12:13 Frontex, EMSA and EFCA open second annual European Coast Guard Event
11:51 RF Navy’s Northern Fleet takes part in combat training missions as part of final check for winter training season
11:27 ASCO took part in TransRussia-2019
11:00 ZIM joins to blockchain shipping solution TradeLens
10:44 Shareholders agreement on construction of Lavna terminal signed under Murmansk Transport Hub project
10:28 Brent Crude futures price is up 0.1% to $71.69, Light Sweet Crude – up 0.09% to $63.82
10:09 ABS teams with industry leaders to improve container vessel safety
09:53 Keppel secures integration and upgrading contracts worth around S$160 million
09:37 Tri-City ports take part in Seatrade Cruise Global
09:36 Bunker Market this morning, April 18
09:15 Baltic Dry Index is up to 767 points

2019 April 17

19:00 SMS Towage’s Humber fleet adds new tug
18:36 CMA CGM has announced FAK rates from Asia to North Africa
18:06 DESMI's CompactClean Ballast Water Management System receives US Coast Guard Type Approval
17:36 Denmark's first new-build hybrid ferry on key passenger route
17:06 CMA CGM announces FAK rates from Asia to the Mediterranean
16:38 Matson receives new cranes at its Honolulu hub terminal
16:17 Stena Europe undergoes refit upgrades in Turkey
16:11 Kuehne + Nagel launches first online seafreight service solution with guaranteed lead time in container shipping
15:40 HELCOM addressed nutrients, stormwater and microlitter issues at PRESSURE 10-2019
15:04 Murmansk Commercial Seaport commissions dust and wind shields
14:39 Port of Riga and Port of Qingdao sign Cooperation Agreement
14:02 Damen launches two road ferries for Canadian operator BC Ferries
13:22 DNV GL awards CMHI AIPs for two new offshore designs
12:53 Pacific Fleet warships and Royal Thai Navy hold joint trainings in the Sea of Japan
12:31 Port of Cardiff prepares for start of 2019 cruise season
12:22 Tristar Group signs second major deal with Shell for 6 chemical tankers
12:06 Far East ports’ capacity exceeds that of Russian Railways by 30-40%
11:38 Gazprom Neft completed development of logistic scheme for shipments of Arctic oil under Novy Port project (video)
11:09 GTT posts revenues of €58.9 million in Q1 2019
10:45 Yury Gilts appointed as Managing Director of Volga Shipping Company
10:23 Brent Crude futures price is up 0.36% to $71.98, Light Sweet Crude – up 0.67% to $64.48
10:09 Arkona offshore wind farm switched on in the Baltic Sea
09:37 Bunker prices are slightly down at the port of Saint-Petersburg, Russia (graph)
09:34 MABUX: Bunker market this morning, Apr.17
09:19 Baltic Dry Index is up to 749 points
09:04 Keppel receives final approval for the conversion of Gimi FLNG project

2019 April 16

18:36 Bahri further strengthens market footprint in Asia-Pacific region
18:06 Talos Energy provides additional update on Zama appraisal program
17:50 SCF's “Green Finance” wins Marine Money award
17:36 Songa Bulk ASA to merge with Axxis Geo Solutions AS
17:21 Amphibious ships of RF Navy’s Northern Fleet take part in drills in the Barents Sea
17:06 Fincantieri delivers FREMM “Antonio Marceglia” to the Italian Navy
16:56 Scorpio Bulkers announces sale and leaseback agreements for six dry bulk vessels
16:43 Digital Container Shipping Association launched with Maersk exec installed as CEO
16:22 Nauticor commences supply of LNG by ship to the Gothia Tanker Alliance