Maersk Container Industry to be sold to CIMC for close to US$1bn
Sep 30, 2021 · Maersk Container Industry to be sold to CIMC for close to US$1bn. China International Marine Containers (CIMC) is to acquire Maersk’s specialist refrigerated container manufacturing brand Maersk Container Industry (MCI) in a US$987.3m cash and debt free transaction. CIMC will take over MCI’s entire organisation and assets which include the ...
CMA CGM to acquire Fenix Marine Services’ terminal in Los Angeles
Nov 4, 2021 · CMA CGM Group has agreed to acquire a 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles, currently held by EQT Infrastructure III, based on an enterprise value of US$2.3bn. Currently holding a 10% stake in the terminal, the French company will become sole owner of the FMS facility post transaction closing. FMS is the third ...
CMA CGM launches early container return incentive programme
May 13, 2022 · CMA CGM is launching an early container return incentive programme at the FMS terminal in Los Angeles and at all its return locations in Chicago, Dallas, Kansas City and Memphis, aiming to accelerate the return of empty containers. According to the carrier, the scheme which begins on May 16 and continues until July 15, is projected to result in ...
PSA Singapore opens first phase of Tuas Port mega hub
Sep 2, 2022 · PSA Corporation has inaugurated Tuas Port, with the first two berths operational at the first phase of development of the mega hub, which will be the world’s largest fully automated container terminal in a single location when fully operational in the 2040s. The port offers 23 m of draught alongside and a total berth length of 26 km, with ...
Saudi Global Ports begins upgrades of container terminals in …
July 16, 2021. in News, Top News. SGP’s CEO Edward Tah and Jacobs’s business development director Omar Al Zahrani. Saudi Global Ports (SGP) has commenced the first phase of its upgrade and development programme at the two container terminals in King Abdulaziz Port Dammam by appointing Jacobs Engineering Group as the civil engineering ...
Port of Ningbo Zhoushan resumes operations after container …
August 14, 2024. in News, Top News. Port of Ningbo Zhoushan. Ningbo Beilun’s Phase III terminal has resumed loading and unloading operations following a 60-hour closure after a dangerous goods container exploded on the YM Mobility vessel at the port. The box contained organic peroxide materials and recent hot weather in the city has been ...
Electric yard cranes enter service at Port of Long Beach
Mar 10, 2021 · The first E-RTG at the SSA facility. SSA Marine has begun operating the first of nine electric container yard cranes at the Port of Long Beach’s Pier J, as the port looks to transition towards zero emissions terminal equipment by 2030. The demonstration of the electric rubber-tyred gantry (E-RTG) cranes is part of the Zero-Emissions Terminal ...
Home | Container Management
Search Container Management. Twitter Feed. Container Management (cm) has been published for more than 30 years serving the port, terminal, intermodal and container handling equipment industries worldwide. Follow us: Latest News. MSC acquires majority stake in Wilson Sons for over R$4bn. October 22, 2024.
Navis launches N4 as a cloud-based service - Container …
Dec 2, 2020 · Navis has announced the launch of its N4 terminal operating system (TOS) as a service (SaaS) to allow its customers to seamlessly move terminal operations to the cloud. The N4 SaaS aims to provide customers a complete package as terminals of all sizes begin to explore the potential of cloud-based solutions and plan to move their TOS to the cloud.
CMA CGM to acquire GCT Bayonne and New York terminals
Dec 8, 2022 · CMA CGM has signed a binding agreement to acquire GCT Bayonne and New York terminals, currently held by Global Container Terminals Inc (GCT). The Port of New York and New Jersey is a key entry point to the supply chain areas in the Northeast US and represents the carrier’s largest gateway on the East and Gulf Coasts. The Bayonne and New York ...