Two remote-controlled rail-mounted gantry cranes (RMGs) for intermodal operation will improve efficiency and safety at Noatum Container Terminal Bilbao.
Noatum Ports, the largest maritime terminal operator in Spain, has confirmed the sale of its 45% shareholding in Operaciones Portuarias Canarias SA (OPSCA Las Palmas) to Terminal Investments Limited (TIL), the terminal division of MSC.
Chinese port operator Cosco Shipping Ports (CSP) faces a “probable write-down” when the Spanish assets of its latest investment, Noatum Port Holdings (NPH), are tested for impairment, analysts have said.
Cosco Shipping Ports Ltd has confirmed its buy-in of 51% of Noatum Ports terminals including Valencia and Bilbao, as well as the dry ports of Madrid and Zaragoza.
Could it be ‘all change’ for some of the Mediterranean’s key ports? Felicity Landon reports
Konecranes is set to deliver six more RTGs to the Noatum Container Terminal in Valencia, Spain.
According to local trade union sources, JP Morgan Infrastructure Fund and Stichting Pensionefonds ABP, the owner of Noatum Ports, is said to be awaiting with interest what will happen in respect of the political situation in Spain before making any major new investment.
US-based investment company, J P Morgan Asset Management, is committing €100m to the expansion and development of Noatum’s facilities at the Port of Valencia, to accommodate future growth.
The Port of Valencia is piloting the use of LNG powered terminal equipment in a new pilot scheme at Noatum Container Terminal.
Valencia Port Authority has given Noatum Ports permission to temporarily suspend work that it is undertaking on Muelle de Costa.
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