Latest News – Page 1022
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Plans for an A$1bn (US$896m) ocean terminal at Townsville have moved closer with the release of an environmental impact statement. The development includes construction of a terminal with international-standard cruiseship facilities, and residential and marina precincts. Construction could begin this year and be complete in 2010.
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Kaohsiung commitment
Evergreen Marine Corp (Taiwan) has extended its lease on its Container Terminal No 4 facility (Piers 115 and 116) in the Port of Kaohsiung for a further 10 years to February 2018.
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Transnet invests for the future
South Africa''s port controller Transnet has been pumping investment into a wide range of projects. Port Elizabeth, which can nowadays handle up to 500,000 teu annually, will soon be able to count on additional capacity at the neighbouring port of Ngqura, which serves the surrounding Coega industrial complex.
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What price Maersk?
APM Terminals'' virtual monopoly of west African concessions - Apapa and Onne (Nigeria), Abidjan (Ivory Coast), Luanda (Angola) and Tema (Ghana) - has only been recently broken following the decision by Senegal to award DP World the container concession for Dakar.
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Container Security: Is it Feasible and Who Pays?
Former US Senator Warren Rudman''s recent concerns over port security should not be taken lightly given his history as co-chair of a bi-partisan committee assigned to investigate the threat of international terrorism after the September 11 attacks and his role in setting up the Department of Homeland Security.
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BARRY PARKER New initiatives in North American port funding
Politicians are coming at the US congestion crisis from a number of angles. But will there be a workable solution offered asks Barry Parker
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Risk, Uncertainty and the Spectre of a Recession
The US ended 2007 with the spectre of a recession hanging over it while Asia and Europe were riding on a high, expecting 2008 to be another year of growth and prosperity. The financial crisis was working its effects on the markets and banks continued to face financial losses.
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Kalmar Eastern coop
Port equipment specialist Kalmar has confirmed an order from PSA Singapore Terminals for in excess of 200 terminal tractors to be delivered this year.
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Flexible dry bulk application
A web-based application for dry bulk terminal management pledges to manage a dry bulk terminal "no matter what type or number of products, warehouses, activities or customers".
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Guaymas build avoiding road
Mexico''s Guaymas Port Authority in cooperation with its municipality is to invest $1.1m on building a new road that will divert heavy goods traffic from the port away from the city centre.
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Isoloader lands scanning gig
The US Department of Energy''s Pacific Northwest National Laboratory has awarded a $23m contract to Detector Networks International (DNI) to design and manufacture six straddle carriers with radiation detection capabilities.
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Euromax on autopilot
Netherlands-based software provider TBA has successfully concluded the first phase of testing of Euromax terminal''s automated cargo handling equipment fleet. After the trial, TBA''s automated fleet management system TEAMS was able to remotely control the movement of the Euromax fleet of twenty-eight Automated Guided Vehicles.
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Trinidad's iron grip
Trinidad''s state-owned National Energy Corporation NEC has started construction of a $105m terminal to handle an estimated 4m tonnes of iron ore and 3m tonnes of hot bricketted iron (HBI) and other downstream products each year once it opens at the end of 2009.
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Indonesia urged to up marine investment
The Indonesian Maritime Council has advised the government that its maritime sector could contribute $150bn to the country''s annual income if it is correctly developed. However, it has advised that this can only be achieved if there is a change of focus from land to sea.
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Tideworks take on BCT
Poland''s Baltic Container Terminal has upgraded its terminal operating system to improve efficiency. The new Tideworks System replaces BCT''s old system, which was installed in the late 1990s.
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CMP on a roll
Lars Karlsson, managing director of Copenhagen Malmö Port, believes "the sky''s the limit" at his port, but acknowledges that capacity constraints remain a hurdle.
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Peruvian dockworkers plea
Dockworkers in Peru have asked the government to ramp up investment in the port industry by using profits generated by state port companies to finance modernisation. Callao alone requires investment of $247m, while other regional ports are seeking $64m.
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DPW boosts Indian investment
DP World anticipates investing a further $500m over the next few years in its assets in India. This will take total investment by the company in that country to $2bn.