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Luanda port loan nod
07 Sep 2008
The African Investment Bank has granted a loan of $45m to Sogester, which has been put together by APM Terminals (51%) and Gestão de Fundos (49%) to open a new container terminal in the Angolan port of Luanda.
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Payout for Manzanillo
07 Sep 2008
The Euro Oslo container vessel that crashed into Quay 3 at Colon container terminal in Manzanillo Bay in Panama has agreed to pay $10m in compensation to the Port Company.
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Darwin study planned
06 Sep 2008
The Australian Federal Government is to commission two studies, worth A$3.2m ($28.1m), into the port of Darwin's potential for expansion. One study will look at deepening the port, while the other will investigate berth expansion.
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Russia-North Korea tie-up
06 Sep 2008
State-owned Russian Railways has set up a joint venture with the North Korean government to build a container terminal at the port of Rajin, as well as modernising the port's rail link. The terminal is expected to handle up to 400,000 teu/year.
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Buenaventura terminal
05 Sep 2008
The Colombian port of Buenaventura has begun construction of a dedicated container terminal, TCBUEN, which will occupy a 164,000 sq m area on the banks of the river Aguacate, some 2.4 kilometres from existing installations operated by SPRBUN.
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Israel workers' share
05 Sep 2008
Trade union representatives of Israeli port workers have suggested that the government could put together a sweetheart stock deal for its members as part of the planned privatisation of Haifa and Ashdod, which is slated for completion by 2020.
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Near-miss at Taranaki
05 Sep 2008
Severe weather snapped a mooring line on the vessel Pacific Warlock berthed at Port Taranaki, catapulting a 30-kilogramme steel ring past the port control security room and into a nearby SUV
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SIPG Taichang link
04 Sep 2008
The Shanghai International Port Group has been linked to a container terminal development project in the port of Taichang, which reported throughput last year of 1m teu. Growth of 60% has been reported for the first six months.
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Diamond loses its sparkle
03 Sep 2008
The cost of building a 1.6m teu capacity container terminal at Diamond Harbour, 40 kilometres downstream from Calcutta, has doubled to $292m.
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Karnataka's minor port focus
03 Sep 2008
India's Karnataka state government has announced a policy of developing minor ports by using private sector participation. Build-operate-transfer contracts are to be made available to interested developers.
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North east cash injection
03 Sep 2008
The Modernisation and Revitalisation Department of Brazil's Ports Secretariat has confirmed that ports in the North East of the country are going to receive major investment to fund large modernisation projects.
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Peru concession typo
02 Sep 2008
The Peruvian government has reduced planned concession periods for port terminal operators from 60 years down to 30 years, blaming a typing error for the initial published figure.
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Gladstone deals with dust
02 Sep 2008
Gladstone Ports Corporation is to invest A$2.4m ($2.1m) in wind barriers around its coal stockpiles in an attempt to reduce dust escaping into the surrounding community.
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DP World injects cash into Brisbane concession
01 Sep 2008
DP World will spend A$250m ($219.4m) upgrading its Brisbane terminals after signing a 40-year lease agreement with the Port of Brisbane Corp.
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China port deal
01 Sep 2008
Chinese port operator Chongqing Gangjiu is to acquire the port assets of its parent company for $218m. The move is aimed at strengthening its finances and improving its profitability.
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APM abandons Kaohsiung terminals
01 Sep 2008
Kaohsiung Harbour Bureau has revealed that APM Terminals is to abandon one of the two container terminals that it operates at the port.
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Nigerian concessionaires demand surcharge
31 Aug 2008
Port concessionaires in Nigeria believe that they should be receiving the 7% surcharge levied on imported items that the government set up to develop port infrastructure.
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FESCO Vladivostok deal
31 Aug 2008
FESCO transport group has acquired a 50% stake in Vladivostok Container Terminal, which it picked up after acquiring all of the shares of the National Container Company from the N-Trans group. The deal was worth $200m.
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Guangdong's lucky eight
30 Aug 2008
The city of Zhongshan in Guangdong is to invest $47.5m in a new port equipped with eight container berths, each capable of handling 200,000 TEU/year.
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Bristol hopeful for speedy government approval
30 Aug 2008
Bristol Port Company has submitted a harbour revision order application and environmental statement to the government for its planned 1.5m teu deepsea container terminal.
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