APM Terminals’ container throughput increased to 36.3 million TEUs, as measured by equity share, reflecting an overall 3% growth in volume through the APM Terminals Global Terminal Network in 2013. Invested capital rose to $6.1 billion USD during the past year as work on seven new terminals and expa
Planning and International Cooperation Minister Mohammed al-Saadi today met with the Director General of Soft Loans Department in the Chinese Bank of Exports and Imports. During the meeting, they discussed a number of issues related to cooperation between Yemen and the Chinese Bank and ways of stren
Caterpillar has introduced its new Cat® 336F excavator, built to meet U.S. EPA Tier 4 Final emissions standards. This piece of equipment comes equipped with several features to enhance fuel efficiency. Electric boom and stick regeneration valves capture and recycle energy, and an engine idle shutdow
Abu Dhabi Ports Company (ADPC) has announced today an investment of AED 20 million to carry out essential maintenance work at Zayed Port and its neighboring Freeports, to repair the quayside wall enhancing the ports’ facilities and services. Built in 1982, the Freeport covers an area of 305 hectares
A high profile Kenyan delegation visited Kizad and Khalifa Port this week with a view to benefit from the knowledge and experience that ADPC has accumulated in the last 5 years of planning, execution and completion of Abu Dhabi’s mega-project. The delegation was received at Kizad by Engineer Khaled
A team of IOS Partners experts, assigned by the World Bank to carry out consultancy services relating to the Port of Aden development, has paid a visit on Sunday morning, March 2, 2014 to the Head Quarters of the Corporation. They were hosted by the Executive Chairman of the Corporation, Captain Sam
DEME Delivers Strong 2013 Results In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Australia: Port of Melbourne Maintenance Dredging Kicks Off Port of Melbourne Corporation yesterday commenced mai
APM Terminals has announced its 2013 business results and delivered an increased profit of USD 770m and a return on invested capital of 13.5% (15.2%), reflecting improved underlying performance but also a higher asset base due to the continued high investment level. The expansion into high growth ma
In 2013, DEME reached a turnover of EUR 2.53 billion in 2013. Compared to the previous year, this represents an increase of 32% and a record turnover. Ebitda increased by 25% to EUR 437.8 million, and net profit amounted to EUR 109.1 million, an increase of 22% compared to 2012. The order book – wel
The Netherlands: Boskalis Expands Partnership with Infor Infor, a leading provider of business application software serving more than 70,000 customers, today announced that Boskalis, a leading service provider of all-round dredging and maritime solutions, will implement the Infor 10x version of Info
The Japan International Cooperation Agency (JICA) concluded a Japanese ODA loan agreement with the Republic of Iraq to provide funding for the Port Sector Rehabilitation Project (Phase II), at the Ministry of Finance, Baghdad. This is the 20th loan agreement under the Japanese ODA loan to Iraq, whic
Abu Dhabi Ports Company (ADPC) has announced the appointment of Gary Lemke as new Executive Vice President (EVP) Ports. Mr Lemke, who joined the company this week, has more than 20 years of working experience in the ports industry around the world. His position will oversee the emirates flagship, st
Australia: BAM Clough Bags Port Hedland Wharf Contract Fortescue Metals Group (FMG) has awarded the BAM Clough Joint Venture (BAM Clough) a design and construction contract for a fifth iron ore loading berth at its Anderson Point Facility (AP5) in Port Hedland, Western Australia. UK: Environment A
IHC Merwede Wins Contracts Worth EUR 350 Million IHC Merwede has been successful in securing orders worth € 350 million for a wide range of dredging and offshore vessels and equipment. Ghana: GPHA Receives Seven Bids for Tema Port Expansion The Ghana Ports & Harbours Authority last week received s
