APM Terminals Buys Vado Ligure Reefer Terminal

first_imgNetherlands-based port operator APM Terminals has bought a 100% stake in Reefer Terminal S.p.A., located in Italy’s Port of Vado Ligure, but the terms and the value of the agreement were not disclosed.The Vado Ligure Reefer Terminal, the largest refrigerated terminal in the Mediterranean, handling 600,000 pallets per year, is also a terminal for the handling of containers (275,000 TEU, 510 reefer plugs, 14.5 meter depth and 465 meter of quay) and general cargo.APM Terminals has acquired the terminal from Italy’s fruit and vegetable produce importer GF Group as part of the port master plan to create new supply chains to markets in Northern Italy, Southern France, Switzerland and Bavaria.The Reefer Terminal is located adjacent to the construction site of the APM Terminals Vado port project which will open in January 2018 with 800,000 TEU annual capacity and a 17 meter depth.”The integration of the Vado Reefer Terminal with our new, future semi-automated container terminal enhances the logistics options for businesses and the shipping lines calling the Ligurian coast, serving all of Northern Italy and beyond,” said APM Terminals Vado CEO Carlo Merli.”We are building Italy’s port of the future with ideal access to Turin and Northern Italy manufacturing zones as well as consumer markets. Equally important, we will have the best port system and product in the market capable of serving container vessels, reefer vessels, RoRo and breakbulk vessels.”Reefer Terminal will continue to operate as a terminal highly specialized in the discharge and warehousing of fresh fruit and vegetable produce.”This sale represents a further step in the process of refocusing on our historical business of import and distribution of fruit and vegetable produce,” said GF Group President Raffaella Orsero.”We will however remain a Reefer Terminal customer with our weekly Central American service, operated with four GF Group owned refrigerated vessels.”[mappress mapid=”15928″]last_img read more

Read More →

OIG boosted by half a billion investment

first_imgOIG is a provider of offshore installation and construction services, combining strong engineering capabilities and efficient offshore vessel infrastructure. GSCP will be the majority shareholder of OIG.When the transaction is completed, OIG will own two modern, high specification giant class offshore installation vessels. A third newbuild vessel will arrive in 2012. OIG will acquire Global Mooring Services (GMS), strengthening its position in the offshore installation and mooring space.Geir Aune, OIG’s chairman, says: “OIG is an excellent combination of quality offshore services and engineering capabilities, an experienced maritime partner and a new vessel design. The efficiency resulting from the game-changing vessel design will allow us to reduce the installation time and thereby add significant value to customers. I see strong growth opportunity from developing OIG into a leading offshore installation and construction group, benefitting from Harren & Partner’s maritime expertise, GMS’ proven track record and GSCP’s financial commitment.”last_img read more

Read More →

Society targets ‘special relationship’ with US visit

first_imgCloser links between UK and US law firms were the focus of a Law Society visit to Washington DC last week.Society president Lucy Scott-Moncrieff hosted a networking reception for UK firms at the spring meeting of the American Bar Association’s (ABA) international law section.The event is one of the most important of the year for international lawyers, with more than 1,500 attendees.Working with UKTI London, the Law Society organised a programme of activities to help UK lawyers get the most out of the meeting and their time in Washington DC.As part of the official programme, Scott-Moncrieff joined the panel at a session on the future of the legal profession and a networking event discussing the role of women in the law.She also met foreign bar associations, including the Japanese Bar Association and the Korean Bar Association, as well as UK firms based in Washington DC.Scott-Moncrieff said: ‘It may sound cliched to talk of a “special relationship” but the US is a natural partner for many UK law firms and their clients.‘This is the fifth year the Law Society is attending the spring meeting to support our members in developing their transatlantic ties. We look forward to building further links in October as the ABA’s international section come together for their fall meeting in London.’While many English firms have offices in New York, there is increased interest in Washington DC.Magic circle firms Linklaters and Allen & Overy have both opened offices in the US capital in the past two years, joining rivals Clifford Chance and Freshfields Bruckhaus Deringer.last_img read more

Read More →

The legendary picnics of the early Greek Australians

first_img Facebook Twitter: @NeosKosmos Instagram At least once every couple of months on a Sunday, mainly during the spring and summer months, most Greek Australian families would get together with family and friends and head to one of the many national parks to enjoy a picnic under the sun.“I have the fondest memories of those legendary picnics that played a significant role in keeping the Greek culture alive. It was our parents that wanted us to all stay together and have a sense of belonging here in xenitia,” says Greek Australian author Doris Falidis Nickolas, who would wake most Sunday mornings to her mother frantically preparing a variety of Greek delicacies for everyone to enjoy at the Belair National Park in Adelaide, South Australia.“It was a ritual. My mother, like most Greek mothers of that generation, would get up extra early to prepare food such as stuffed peppers (yemista), dolmades, Greek salads, cold meats, veggie sticks, fresh bread and of course olives, feta cheese, fruit and whatever else could fit in their plastic containers for all to enjoy throughout the day. Needless to say that most of our parents made sure they also brought their own hot Greek coffee in a thermos whilst us children indulged in a soft drink as a special treat, before heading to the little park delicatessen, where we would often treat ourselves with lollies and ice-cream,” says Doris.From open grassy spaces to beach side locations, national parks in Australia had plenty to offer and so Sunday picnics at the park slowly became a trademark tradition for the Greek community.During the day, the young girls would wander off to explore or find a nice spot to sit and chat. Occasionally they found amusement in catching little frogs and yabbies which they would later set free.The boys would climb trees and spend endless hours playing soccer.Parents of that period were not at all, or at least didn’t seem to be, concerned about their children’s whereabouts.READ MORE: Sunday family lunches…The one Greek tradition migrants kept alive here in xenitiaThe men would enjoy a game or two of cards, while the women were happy to either leisurely walk around the surrounding grounds or sit and chat, enjoying some ‘time out’ from their everyday ‘σκοτούρες’ (troubles).Greek Australians enjoying their picnic.The men enjoying a game of cards.What’s a Greek picnic without a lamb on the spit? Doris at a young age enjoying the sunshine at Belair National Park.Greek Australians enjoying their picnic.There were hugs, laughter and joy in seeing grandparents, cousins, aunties, uncles and friends all relaxing and having a good time, and the day wouldn’t end any time before 6.00 pm.“Everyone would then come back to either ours or my auntie’s house (as we lived close to Belair) and continue the evening with some more Greek coffee and treats for us children. The time went by, but for some odd reason nobody seemed to care as to whether we all had school and parents had to go to work the next day,” Doris recalls.READ MORE: Greek Australians saturate Greece once again this summer!Interestingly, the origin of the word ‘picnic’ is shrouded in mystery, although the idea of a picnic has always meant a social event for which each guest provided a share of food. Later, this became an outdoor excursion to a place in the country where again friends could meet, and provisions were shared.“For us and all Greek families that had just migrated to Australia, a picnic was something exciting to look forward to at the end of the week, and the best way to stay in touch not just with our friends and family, but also with our culture and Greekness, which were missing being so far away from home,” Doris says.“I am sure I am not alone in saying that most first and second generation Greek Australians have the fondest memories of those good old days and secretly wish they could have them back. I know I do.”last_img read more

Read More →