Latest News – Page 1079
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ROTTERDAM BOUNCES BACK
Throughput at the port of Rotterdam over the first nine months of the year has made a mild recovery, increasing by 1.5% in comparison with the same period last year.The 281m tonnes throughput puts the port "back on track as regards the realisation of its overall 2% growth prognosis for ...
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ANTWERP VTS FIRST
The port of Antwerp has commissioned Barco and Fabricom GTI to install a Vessel Traffic Services system.The system, including new radars, was commissioned by the Flemish Agency for Maritime Services and Coast, Shipping Assistance Division and by the port of Antwerp.The contract has a total value of ¢ 4.2m.
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HALCROW CHARITY LAUNCH
UK-based ports and engineering consultant Halcrow has launched an independent charity to tackle poverty and suffering around the world.The company has pledged 0.5% of its annual profits, as well as staff time and resources to the cause. Halcrow staff also make direct contributions and take part in fund-raising activities.More information ...
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SWISS CONTRACT
Swiss logistics service provider Bertschi has won a contract to build a rail terminal in the Botlek area of the port of Rotterdam.
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Peel deal cements port attraction
Proof of the unwavering investor interest in ports,Deutsche Bank''s asset management arm has snapped up a 49% stake in the UK''s second largest ports group Peel Ports for £ 750m.
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NewsSteel boost for Welsh ports
Associated British Ports (ABP) has renewed a three-year contract with Corus for steel coil shipments through its Newport and Swansea ports.
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APM seals Dunkirk majority
APM Terminals has purchased a majority 61% share in the Dunkirk container terminal operation Nord France Terminal International. When the tender for operation of the terminal was released last year Dubai Ports International, CMA CGM, and Australia''s International Infrastructure Management all expressed an interest. However, APM Terminals beat off the ...
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Dragados-SPL refinances
Dragados-SPL, which belongs to the Spanish construction and services group ACS, has agreed a syndicated loan of ¢ 280m to refinance some existing debts and also to fund new investment.
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Shot in the arm for Saldanha
Investment totalling $679m will be ploughed into South Africa''s iron ore export port of Saldanha over the next six years to treble export capacity. As part of its expansion plan,the port will be made ready to receive and load ever larger ships, whose number is expected to increase by 70% ...
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DP World to re-brand P&O Ports
DP World is to unify its port and terminal operation under a single brand name, which is expected to be revealed within the next six months. Currently, both the DP World and P& O Ports brands are used at the 51 terminals operated by the group in 24 countries.
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TPA to concession ports
Tanzania Ports Authority has announced plans to lease out Kigoma Cargo Terminal and Kassanga Port on Lake Tanganyika.
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SAUDI ARABIA BIG ON BOXES
Saudi Arabia claims it will develop the largest container terminal in the Middle East at Emaar Economic City.This will be capable of throughputs in the region of 10m teu annually, as well as being able to accommodate breakbulk and dry bulk vessels.
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DUNCA BACK IN BUSINESS
Nigeria''s Dunca inland container terminal has recommenced services after a 14-month shutdown. New owners are AP Moller, Greenview and ENL Terminals.
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JEBEL ALI CAPACITY HIKE
Jebel Ali Port has announced that it will boost capacity from around 8m teu to 67m teu by 2030.This reflects a 41% increase in exports from the adjacent free zone.
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Kenya seeks dredging funding.
Kenya has approached a European partner to provide bilateral funding for the dredging of Mombasa Harbour, which is scheduled to begin in 2009 for completion in 2011.
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COSTA RICAN PRIVATISATION PROTESTS
The International Transport Workers'' Federation has expressed its support for port workers in the Costa Rican port of Limón, who initiated a go-slow in protest against government plans to privatise activities not only in Puerto Limón, but also in Puerto Moín. The workers have asked the state for almost $1m ...
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CENIZA COAL GOAL
The planned new Colombian Ceniza coal port, which will use the Magdalena river to export consignments, will cost $480m to build, of which $180m will be required in an initial phase.
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Peru calls halt on ports privatisation
Proinversión, promoter of private sector investment in Peruvian companies, has temporarily halted the concession process covering the country''s five main ports until a master development plan has been drawn up for each.
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NewsPortland on track
The Port of Portland Commission has approved the second of two rail construction contracts for a project that will help increase intermodal volumes through the Port''s Terminal 6 container facility.
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US "sweet spot' for ports
Craig Fuehrer, director in the group at Deutsche Bank Securities, the bank handling the sale of DP World''s US facilities, was mum about details of the bidding process, in a presentation at a Marine Money ship finance conference in New York.
