Latest News – Page 1036
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Code of Practice call
A Marine Accident Investigation Branch (MAIB) investigation into the collapse of seven 30-foot containers on the UK-registered Annabella has seen the organisation call for the introduction of a relevant container shipping code of practice.
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Investment continues in Israeli ports
Israel Ports Development & Assets Company Ltd has put forward a $130m investment plan for 2008, which must now be approved by the government. At least 70% of the money will be allocated to container terminal and breakwater development at both Ashdod and Haifa.
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No more Colombian coal barges
A change in the law means that Colombian coal terminals will have to undertake direct transfers to vessels rather than using barges as from 2010.
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Puerto Montt concession deserted
The only bid to operate the Chilean Port of Montt, which was entered by construction company Luis Navarro, was judged to be non-compliant and the tender has been declared void.
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BMT buys Baxter
Consultant BMT has acquired specialist port consultant Baxter Eadie to bolster its international ports and logistics offering to customers.
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NewsGeorgia guarantees space to expand
Georgia Ports Authority has secured 175 acres of prime river-frontage land close to its Ocean Terminal, providing it with ample space to expand in the future.
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Reform needed for Ports Law in Mexico
Port terminal operators in Mexico are campaigning for a reform of the national Ports Law to enable them to widen investment and growth possibilities.
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Portek takes over in Gabon
Portek International has been awarded a 25-year concession to manage the ports of Owendo and Gentil in Gabon. It will do this via its Gabon Port Management subsidiary, which will have a capital of $4m. Investment of $2m has been promised.
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Foam Elastomer Buoys from Dave Mac
The case for port authorities to analyse the cost benefits of using foam elastomer buoys is being strongly marketed by FenderCare subsidiary Hippo Marine.
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New Peel CEO
Peel Ports, one of Europe''s largest port operators, has appointed Stephen Baxter, the chief operating officer for BAA, as its new chief executive.
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Jiangsu in capacity boost
Jiangsu Lianyungang Port Company in China is to invest $2.6bn over the next three years to boost capacity.
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Private investment in Iranian ports
Since the start of its financial year on March 21, 12 private companies have signed contracts worth $181m to operate in nine Iranians ports, according to official figures.
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Latin America terminal meet
Uruguay is to play host to the first Latin American container terminals meeting in November to promote information sharing and transparency in the region.
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NewsMM's opinion piece
It is interesting to see that the Indian Government has decided to deploy a new tariff specification method for concessions offered in India's major ports.
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NewsVTS article
Can investment in a proven vessel tracking service "radically" improve port management? Alex Hughes finds out
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TT Club demands compulsory dangerous goods training
Specialist transport insurer TT Club has called for mandatory International Maritime Dangerous Goods (IMDG) Code training for shore-side handlers.
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NCSP ties to $73m debt facility
Novorossiysk Commercial Sea Port (NCSP) has signed debt facilities to the tune of $73m with Sberbank, the Savings Bank of the Russian Federation, to finance the development of new cargo handling facilities.
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Liquid gold for GIP
Private equity firm Global Infrastructure Partners (GIP) has agreed a joint venture with Zeus Infra-management, in a deal that includes a 74% stake in liquid storage specialist East India Petroleum Limited.
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NewsPorts could be hit by end of IBAs
The British government''s surprise decision to phase out Industrial Business Allowances (IBAs) by 2011 could have a significant impact on ports and cargo handlers who have invested in warehousing and storage buildings, accountancy firm Moore Stephens has warned.
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Investment up in Spanish ports
In 2008, total investment in Spanish ports will reach ¢ 19.8bn ($28.1bn), which is ¢ 3bn ($4.3bn) more than in 2007. For its part, the government will invest ¢ 2bn ($2.8bn), an increase of 32% over 2007.
