Europe – Page 148
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News
NEW PORT FOR PANAMA
The Panamanian government is due to issue a tender in 2005 for a mega-port at the Pacific mouth of the Panama Canal costing US$600m.
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DVB Bank finances port projects in Finland and Russia
DVB Bank has closed a € 71m investment project with new Irish port operator, Multi-Link Terminals Ltd (MLT). The transaction relates to MLT''s container terminal operations in Helsinki and Kotka in Finland and Litke Bay on Kotlin Island near St Petersburg. The current capacity of the Helsinki container terminal is ...
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NewsRotterdam
Further expansion is required in order to meet future demand and the aim, in respect of the Kotka project, is to add container terminal equipment equivalent to a capacity of up to 50,000TEUs per year. The capacity of the Litke Bay Terminal is to be increased to 150,000TEUs (Phase II) ...
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CADIZ BAY TO INVEST €91M
Cadiz is investing € 91m in infrastructure upgrades during the period 20032008.
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US SIGNS WITH BELGIUM
Belgium and the US have agreed to co-ordinate security at Belgian ports to detect illicit trafficking in nuclear and radioactive material. The US government will invest € 11.25m in the next three years. Belgium will initially waive € 1.02m in taxes for port contractors and invest in personnel and equipment ...
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Warning on EU security proposal
New EU proposals to enhance port security could have far reaching implications for operators and passengers of ro-ro vessels. If passed as legislation, one of the proposed measures of the EU directive would be to require security checks on the contents of all cars and goods vehicles waiting to board ...
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MUSC WINS €7MVENICE PORT SECURITY CONTRACT
Whether known as hurricane or typhoon, we are all too familiar with these most ferocious of storms and their consequences: damage, destruction and, for some unfortunate souls, death.Maritime and Underwater Security Consultants (MUSC) is to deliver the second phase of Venice's security strategy in preparation for phase 3 of the ...
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NewsTerrorist warning from underwriter
A leading British underwriter has warned that global super ports represent an attractive target to terrorists. Justin Priestley, head of the special risks and terrorism team at Aon Corp says transport infrastructure is a favourite terrorist target because of the severe economic disruption it would cause.
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NewsINVESTING WHERE IT MAKES SENSE
Hamburg-Bremerhaven joint venture Eurogate will reach its target of 11.7mTEUs this year and remain focused on Europe, with no plans to go global. It will also continue a strategy for success which has seen its handling nearly double inside just six years. Eurogate Board chairman Emanuel Schiffer spoke to Tom ...
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Cosco buys into Antwerp Gateway
COSCO Pacific Limited is buying a 25% shareholding in P& O Ports'' new container terminal, Antwerp Gateway.
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LE HAVRE SIGNS FIRST NEW BOX TERMINAL CONCESSION
Rotterdam's container movements jumped by more than 12% to 9.3m TEUs whilst Antwerp registered 6.5m TEUs up nearly 7% on the previous year.Le Havre port authority and stevedores Generale de Manutention Portuaire (GMP) have signed the first concession agreement covering the initial stage of the Port 2000 development. GMP will ...
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NewsBCT clinches US$36m loan
Baltic Container Terminal (BCT) in Gdynia has concluded arrangements with Bank Austria Creditanstalt AG (BA-CA) and Bank BPH (BPH), both members of the HVB Group, for a US$36m term loan facility to be used in conjunction with the initial phases of BCT''s capacity expansion programme. The loan facility will help ...
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SETUBAL AWARDS MULTI-PURPOSE TERMINAL CONCESSION
Germany's DVD Bank is also participating in the transaction in syndication.Portugal's Setubal and Sesimbra port authority and the Tersado and Sadaport companies have signed concession contracts covering zones one and two of the Setubal Multi-Purpose Terminal. The operating companies are controlled by a consortium consisting of Setefrete, Mota-Engil and Empresa ...
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NewsAdsteam rolls out 3-man crewing
Harbour towage contractor Adsteam UK has completed the first phase of its national roll-out of 3-person crewing, agreed with the UK''s Transport & General Workers Union. Operations at Liverpool, Southampton, Medway, Hull and Felixstowe have now implemented the new working system.
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NewsNew deepwater berth
British MP Gwyneth Dunwoody has opened a new deepwater berth at Felixstowe''s Trinity container terminal, Trinity lll.2.
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NEW HAZ-MAT TERMINAL IN GERMANY
Chemion Logistik has inaugurated a new container terminal at Bayer Chemiepark in the city of Leverkusen.
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MERSEY DOCKS IN £1BN TAKEOVER APPROACH
CVC Capital Partners, the private equity house, has made an approach to Mersey Docks and Harbour Company which could result in a £ 1billion takeover of the Liverpool-based ports group. Mersey Docks was forced by the Takeover Panel to reveal that it had received a " preliminary approach" from an ...
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New deal at Fos Distriport
Half the available plots at Fos Distriport - the Port of Marseilles'' logistics zone being developed alongside the existing Fos container terminal - have now been taken following the sale of 9.5 hectares for the construction of a 47,000 square metre warehouse due to open in 2006.
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BOULOGNE AT AXIS OF NEW HIGH SPEED SHORTSEA RO-RO SERVICE
Boulogne is to launch a high-speed freight service connecting it north and south to Oslo and Vigo.
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NewsMarseilles approves Fos 2XL terms with MSC
The Port of Marseilles Authority (PMA) has approved the terms of the agreement under which MSC is to operate one of two new facilities within the port''s Fos 2XL container terminal development. The MSC concession covers 700 metres of quay and 54 ha shoreside.
