Industry News

ICTSI SEES DOUBLE-DIGIT GROWTH IN REVENUE, PROFITS

Revenues and profits up 10 percent to $729.3 million and $143.2 million respectively

International Container Terminal Services, Inc. (ICTSI) has posted revenues of US$729.3 million for 2012 - 10 percent higher than the $664.8 million reported last year.

Read more: ICTSI SEES DOUBLE-DIGIT GROWTH IN REVENUE, PROFITS

ILWU PRESENTS UGC WITH REVISED CONTRACT IN BID TO END VANCOUVER LABOUR DISPUTE

ILWU hope “fair” contract will enable workers to return to work at the US grain export terminal

International Longshore and Warehouse (ILWU) grain workers, who have been locked out of the United Grain Corp (UGC) grain export terminal in Vancouver, Washington, since last month, have this week delivered a revised “fair” contract to their employers with the hope of bringing the labour dispute to an end.

 

Read more: ILWU PRESENTS UGC WITH REVISED CONTRACT IN BID TO END VANCOUVER LABOUR DISPUTE

TRANSNET PLANNING NEW R15 BILLION COAL EXPORT TERMINAL AT RICHARDS BAY

South African port operator considers new export facility in anticipation of increasing coal demand

Transnet Port Terminals, South Africa’s state-owned port operator, is examining ways in which to build a new coal export facility at Richards Bay to help meet the expected rise in demand for the mineral.

Read more: TRANSNET PLANNING NEW R15 BILLION COAL EXPORT TERMINAL AT RICHARDS BAY

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