Latest News – Page 1030
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Mitsui partners bulk liquid project
Mitsui, Intercontinental Terminals Company (ITC), and Rubis Terminal have teamed up in the Port of Antwerp to construct a new bulk liquid chemical terminal.
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India collaborates with Myanmar
India is collaborating with partners in Myanmar to build the new gas handling port of Kaladan close to the city of Sittwe. India will supply investment of $103m.
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NZ Dec news snippets
Public consultation is being sought on three maritime documents released by New Zealand''s Ministry of Transport - a draft sea freight strategy, Port and Harbour and Safety Navigation Management discussion, and discussion on four international maritime environmental conventions/protocols.
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Liebherr cranes in demand
Liebherr has completed delivery of two megamax container cranes to Cerescorp Company''s Halifax Terminal in Nova Scotia, Canada, just as it confirmed a contract for the supply of an additional two super post panamax container cranes for the Ports of Durban and Elizabeth, South Africa.
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Port Rashid to close?
Part of Dubai''s Port Rashid may be forced to close at the end of next year because of its inability to accommodate the largest containerships currently operating in the Gulf.
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Maersk first into TICT
Maersk was the first shipping line to make use of the new ICTSI''s Tartous International Container Terminal in Syria. Investment of $37m is being made in the terminal, which is equipped with two Liebherr mobile harbour cranes.
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China Cosco to continue investment
Chinese shipping line Cosco, the world''s largest dry bulk shipper, has confirmed its commitment to investment in ports and terminals in both China and overseas. Terminals in Hong Kong, Singapore, Egypt and Belgium are already earmarked for investment.
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Cochin to upgrade quay infrastructure
Cochin port is to upgrade much of its existing quayside infrastructure to make cargo handling operations easier for dry bulk cargo.
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Khalifa contracts confirmed
Abu Dhabi Ports has signed a $1.5bn contract with an international consortium to undertake the first phase construction of Khalifa port. Work will consist of excavating 47m cu m of sand, the construction of 3.2 km of walls and platforms and the creation of a 7.3 km breakwater.
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Rotterdam mulls Oman investment
The Port of Rotterdam is considering investing ¢ 170m ($240m) for the expansion of Sohar port in Oman even as it extends its own facilities to accommodate increased traffic from Asia.
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CVRD to build new port
CVRD is considering construction of a new port at Ubu, in the state of Espí rito Santo, some 65 km from the port of Tubarã o, which serves the state capital Vitó ria. Tubarã o is currently the world''s largest iron or export facility, but is working beyond its engineered ...
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HPH beats off competion for Pakistan concession
Hutchison Port Holdings (HPH) has emerged as the winner for a concession in the first phase of the Pakistan Deep Water Container Port.
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Algeria plans ports investment
Algeria is to invest $10m in the development and expansion of its ports, with finance partially sourced from foreign companies. In all, 95% of foreign trade is handled by the country''s ports.
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Queensland tightens rations to beat congestion
Queensland coal producers will be subject to further exports rationing after Dalrymple Bay Coal Terminal received interim authorisation to extend the terminal''s queue management system.
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Cavotec runway sale
Cavotec MSL has sold crane runway design and manufacture specialist Gantrex to Belgian Gantry Group for an undisclosed sum.
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Dar es Salaam investment upgrade
The government of Tanzania is to spend $112.8m in 2007-08 to improve facilities at Dar es Salaam port.
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Time to take stock
Only relatively few ports and terminal operating groups have looked to a stock market listing as a way of raising cash to expand, but why? Invariably those that do take this route receive a fair amount of media attention and so perhaps it seems that there are more takers than ...
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New owners take on Georgia terminal
International Container Terminal Services'' (ICTSI) Georgian arm has taken over the operation and management of Batumi Container Terminal under a 48-year lease.
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Major new Santos development
Ecorodovias, which manages the Sistema Anchieta-Imigrantes and Ecopá tio facilities in Cubatã o, has announced plans to build a cargo terminal in the port of Santos. This will handle containers and ethanol. The location of the terminal will be identified within the next few months.
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Profit is blowing in the wind (dust feature main)
With ever stricter environmental legislation, dust is becoming public enemy no.1, as Stuart Pearcey explains