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Finally, a purchase that drops in price
07 Apr 2008
Few purchases ever get much cheaper, but one which does on a cyclical basis is the price of insurance. Ports and terminals operators can expect reductions in 2008 on their property and liability premiums, even in many areas prone to hurricanes and other natural disasters.
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Bayonne - a bridge too far?
10 Apr 2008
In the past month, the Port Authority of New York and New Jersey (PANYNJ) announced its intention to work with the US Army Corps of Engineers, the Federal agency tasked with channel maintenance and deepening, on a detailed study of the Bayonne Bridge.
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Black holes and disappearing container capacity
15 Apr 2008
Recent forecasts and press comments suggest that the major East-West liner trades are suffering weaker growth rates than had been anticipated. The US recession has caused transpacific trade volumes to decline sharply from nearly 10% growth in 2006 to only 2.2% to North America as a whole in 2007. For 2008, it is unlikely that the Transpacific will see any growth.
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Grass roots pressure to be applauded
07 May 2008
Shame on President Thabo Mbeki of South Africa and well done to the dockers in Durban who have turned away a vessel believed to be carrying four containers of arms and munitions bound for Zimbabwe.
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Adding colour
28 May 2008
International Container Terminal Services Inc (ICTSI) is a company that has a reputation for introducing modern container handling expertise into nations that have previously been bereft of this asset and the latest chapter regarding its efforts in this respect has been steadily unfolding in the Syrian port of Tartous.
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Swap shop
14 May 2008
It is interesting to hear that the major container terminal operators in the Port of Genoa, Italy – the PSA operated Voltri Terminal Europe and Southern European Container Hub Terminal (SECH) – are moving towards an exchange of shares in each others facilities. Clearly, this represents an interesting rationalisation of resources with potential benefits for both parties.
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