ABP, Thor Shipping Ink New 10-Year Contract

first_imgPort operator Associated British Ports (ABP) has announced a new agreement which sees Thor Shipping & Transport commit 10 years to the Port of Hull.In addition, ABP has invested GBP 6 million (around USD 7.7 million) into Thor’s 10-acre leased terminal, allowing substantial infrastructure improvement works and an additional 2.5 acres of container storage space.As part of this investment, a hybrid GBP 3.5 million Liebherr harbor crane will arrive in March 2019 to bolster eco-friendly operations, the port said.Since July 2014, Thor has trebled its tonnage through the two-berth terminal on King George Dock. It has a regular container and breakbulk service from its own shortsea operator – Sunline – connecting the UK with the East Coast of Sweden twice a week.The company also facilitates vessels three times a week to Zeebrugge and a breakbulk liner service every fortnight from Finland and Iceland.“This agreement shows that both ABP and Thor are confident in committing to support the Humber region for a substantial amount of time, so much so, it’s double the length of the previous contract agreed in 2014,” Chris Green, ABP Port Manager for Hull and Goole, commented.This year, Thor hopes to see its strongest performance yet and expects to handle one million tons of cargo. In addition to containers, Thor’s other core business concerns steel and timber which boost the efficiency of the operation and reduce carbon footprint.“We look forward to continually building upon our international trade and transport links, helping to put the Humber on the map as a key gateway for trade. It will enable us to realise and sustain future growth opportunities,” Thomas Bryan, Thor Shipping and Transport Managing Director, said.last_img read more

Boston Celtics waive former Syracuse forward Joseph

first_imgFormer Syracuse forward Kris Joseph was waived by the Boston Celtics on Monday, the team announced. The Celtics had reacquired Joseph on Friday through a trade with the Brooklyn Nets prior to waiving the forward.Boston originally selected the 6-foot-7 forward in the second round of the 2012 NBA Draft. Joseph split time this past season with the Celtics and the Nets, totaling 54 minutes in 10 games. He scored 11 points and grabbed nine rebounds.Joseph also played for the Springfield Armor and the Maine Red Claws of the NBA Development League. He averaged 18.6 points and 4.6 rebounds through 27 games, which earned him second-team All-NBA Development League honors.In his Orange career from 2008-12, Joseph scored 10.5 points per game and recorded 4.5 boards per game. He  led SU in scoring during his senior season, in which he earned first-team All-Big East honors. Comments AdvertisementThis is placeholder text Facebook Twitter Google+ Published on July 15, 2013 at 6:18 pm Contact Phil: [email protected] | @PhilDAbblast_img read more