Europe

DP World has opened its new £100m container handling facility at ABP’s Port of Southampton, designed to handle the largest and deepest container vessels, in a bid to stay competitive.

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.

Momentum appears to be building in the UK over the boycott of the EU wide Port Services Regulation with reassurance being gained from the Secretary of State for Transport that the government…

“Unfair competition” means that Rotterdam could be missing out on 1m teu of additional container traffic every year, claims a report commissioned by the Netherlands’ Ministry of Infrastructure.

Ukraine’s three largest ports, Odessa, Ilyichevsk and Yuzhny, are all “stable” and “under control”, despite the current unrest in the country, but others are less secure.

The UK’s Port of Felixstowe has finally received consent from the Marine Management Organisation (MMO) to extend its newest container handling facility, berths 8 & 9.