Europe

Australian finance group Babcock & Brown is reported to be seeking to raise up to € 2bn ($2.7bn) to feather  a new European investment fund for the future financing of ports and…

Online Telematics Service Provider Cybit has launched Cybit Positioning Solutions (CPS) to provide specialist telematicsbased solutions to industries requiring precision location and positioning information.The technology can be used to manage busy operations…

Barcelona Container Terminal (TCB) has signed a loan agreement, securing ¢ 118.5m ($160.4m) to expand its Muelle Sur terminal to a 870,000 sq m facility capable of handling 2.2m teu.

Associated British Ports (ABP) has committed £ 3.26m to the construction of a dedicated agribulks storage facility at its Port of Immingham.The pledge comes on the back of a new 20- year…

Stockholm-based Bromma Group received orders for more than 900 telescopic crane spreaders last year,more than all of Brommas competitors combined, the manufacturer claims.

Gdynias Baltic Container Terminal has taken delivery of two new post-panamax gantry cranes, supplied by Konecranes. The cranes mark the first of their kind to be introduced into service at BCT, with…

The port of Antwerp has commissioned Barco and Fabricom GTI to install a Vessel Traffic Services system.The system, including new radars, was commissioned by the Flemish Agency for Maritime Services and Coast,…

UK-based ports and engineering consultant Halcrow has launched an independent charity to tackle poverty and suffering around the world.The company has pledged 0.5% of its annual profits, as well as staff time…

APM Terminals has purchased a majority 61% share in the Dunkirk container terminal operation Nord France Terminal International. When the tender for operation of the terminal was released last year Dubai Ports…

A group of institutional investors headed by Deutsche Bank has taken a 37% stake in Barcelona-based Grupo Marítimo TCB.The Pérez company retains a 42% stake.

Stockholm-based Bromma Group has won new orders for 23 of its Marathon spreaders from container crane manufacturer OEM Kone Cranes.

Associated British Ports (ABP), one of the first port companies to be floated on the stock exchange, has delisted. The move seals the formal takeover of the UK group by Goldman Sachs-led…

Royal Boskalis Westminster achieved a substantially higher net profit of 37.8m in the first half of 2006.

APM Terminals and the French Port Company Perrigault, which operates Terminaux de Normandie in the Port of Le Havre, have been awarded a 36-year concession to operate a new container terminal in…

Polands Baltic Container Terminal, which is operated by ICTSI, has placed an order with Kalmar for four mobile harbour cranes.

The Hamburg stevedore HHLA is training its first female port workers. After six months training, the women will take up positions in Hamburg container terminal Burchardkai as gantry crane operators and van…

It will be capable of handling 9m tonnes of cargo annually, although this will be extended to 15m tonnes depending on demand. Hamburg is aiming once more to restructure its intra-terminal traffic,…

It will be capable of handling 9m tonnes of cargo annually, although this will be extended to 15m tonnes depending on demand. BioPetrol is to build its third production facility, at the…