Latest News – Page 1095
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KPA PROFIT SLUMP
High oil prices and international moves to support environmentally friendly product and services were key drivers in the creation of this cranes, according to the company.Kenya Port Authority reports a pre-tax profit of $51.4m this financial year, compared with $143m in the previous period. Traffic at Mombasa is expected to ...
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KENYA PLANS SECOND DEEP-SEA PORT
High oil prices and international moves to support environmentally friendly product and services were key drivers in the creation of this cranes, according to the company.Kenya is to build a second deepwater port at Lamu at a cost of 194m. This will also involve constructing a railway link between the ...
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Six gang up on APM at Tin Can Island
Following the Nigerian government''s decision to award APM Terminals the concession to operate Tin Can Island container terminal, six local shipping lines have put together a consortium which aims to set up a rival box handling facility. Alraine Nigeria Limited, Wasa, Hullblyte Elder Demster Agency, Blue Funnel, Transcap Nigeria Limited ...
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DREDGING TO GO AHEAD AT CALABAR
High oil prices and international moves to support environmentally friendly product and services were key drivers in the creation of this cranes, according to the company.Van Oord and Jandule have been awarded a ?56.8m contract to undertake dredging work in the 84 kilometre Calabar Port channel, in Nigeria. Work has ...
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HAL cold ironing
Holland America Line (HAL) has recently retrofitted two of its ships to plug into shore power at the Port of Seattle. And, in a separate program, HAL plans on conducting a seawater scrubber feasibility project aboard one of its cruise ships
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Valencia to build fifth box terminal
The Port of Valencia is expected to issue a tender in the second quarter of 2008 for a fifth container terminal.
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IPH lands Great Yarmouth partnership
International Port Holdings (IPH) has won a public procurement process to become the preferred partner for the development and operation of the existing Great Yarmouth river port and its new outer harbour project.
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THAMES CARGO UP
Interested parties will have to partially finance construction of the facility, although public investment of ?396.3m is also earmarked.Port facilities on the Thames handled 53.8m tonnes of cargo in 2005, an increase of 1% on the previous year. The figures cement the Port of London's top three UK port ranking ...
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MAASVLAKTE TERMINAL ATTRACTS SIX
The Port of Rotterdam Authority has received six proposals for operation of a 138 ha container terminal on Maasvlakte 2.
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ICTSI REGGIANE ORDER
Interested parties will have to partially finance construction of the facility, although public investment of ?396.3m is also earmarked.As part of a $25m programme, Madagascar International Container Terminal Services, which belongs to ICTSI, has placed an order for four mobile harbour cranes with Italian manufacturer Reggiane. Also on order are ...
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Cargotec swoops on BMH
Pneumatic unloading specialist BMH Marine looks set to be swallowed up as Cargotec continues to strengthen its bulk handling hand.
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DP World eyes Crete
A DP World management delegation recently made a working trip to Greece to review port operations there. The officials visited Piraeus, Thessaloniki and Tympaki in Crete.
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REVENUE DECLINE AT PIRAEUS
Piraeus port authority has reported a 3.8% drop in revenue during the first quarter. This amounted to € 34.5m compared with € 35.9m in the corresponding 2005 period.
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Lisbon to expand Liscont
Lisbon Port Authority has conceded that it may knock down existing buildings in Alcantara Dock in order to double the operating area of Liscont Container Terminal, which is currently handling in the region of 320,000 teu/year.
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Senator Lines hits out at Italian ports
Senator Lines has accused Italy''s ports of failing to invest adequately in terminal and hinterland infrastructure. Chief executive Hans-Hermann Mohr said that, with notable exceptions such as Contship, PSA and Cosco, investment had been inadequate.
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APM Le Havre terminal on course for 2007
APM Terminals and the French Port Company Perrigault, which operates Terminaux de Normandie in the Port of Le Havre, have been awarded a 36-year concession to operate a new container terminal in the Port 2000 area of Le Havre.
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KGL AWARDED DAMIETTA
At present, ships drawing up to 13m-13.5m can access the facility; dredging will deepen this to 15m. The work is needed to stop cargo migrating to either Djibouti or Durban. Kuwait terminal operator KGL Port International, which forms part of the Kuwait & Gulf Link Transport Company, has been awarded ...
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DP World plans flotation
DP World is to undertake an initial public offering within 18 months. The world''s third largest terminal operator has said that it must undertake an IPO given its global status, which has to be matched by a global shareholding base.
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LIEBHERR UPS KHORFAKKAN RTGS
The $6.8bn that the company paid for P&O Ports last February and the $3bn it expects to invest in new container terminals and on expanding existing facilities will likely influence the eventual size of the IPO. Senior vice president for corporate strategy, Yuvraj Narayan commented that raising the additional capital ...
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Durban port expansion sorely needed
Durban Port manager Basil Ndlovu has said that throughput growth of 16%18% annually over the last five years means that the proposed ¢ 1.72bn expansion into the Bayhead area of the port must start as soon as possible.