Latest News – Page 1109
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BARCELONA
Leading architect, Renzo Piano's plan involves the relocation of the airport to a new manmade island and the conversion of the old site into a new container terminal.Hutchison Port Holdings (HPH) has signed a conditional agreement with Grupo Mestre of Spain to acquire a majority stake in Terminal Catalunya (TERCAT) ...
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SHORTSEA
Rotterdam's container movements jumped by more than 12% to 9.3m TEUs whilst Antwerp registered 6.5m TEUs up nearly 7% on the previous year.The UK's Sea & Water forum has published its 2005 Water Freight Review. The book gives an account of the main trends and characteristics of inland, coastal and ...
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MTL investing in Dachan Bay
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).Hong Kong's MTL is to invest US$867m in developing the second phase of the Dachan Bay container terminal in Shenzhen which will consist of the construction of four deepsea berths. ...
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WEST BENGAL
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).The government of West Bengal is assessing the feasibility of building an offshore container terminal modelled on Yangshan.
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YANGSHAN
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.PSA has emerged as the likely operator for the phase two development of Yangshan near Shanghai according to Liu Zuoliang, chairman of Shanghai Tongsheng Investment. The second phase will require investment of at least US$743m.
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PARADIP
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.Paradip Port Trust remains unhappy with earlier proposals it received to build three new berths, one of which will be a deep draught facility. It may therefore invite fresh bids or ask for modifications on ...
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IMPSA on a roll
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.The Malaysian-Argentinian IMPSA Port System crane manufacturing company is to deliver eight additional quayside gantry cranes to the Malaysian ports of Northport, PTP and Penang by the end of 2006. The three Northport cranes which ...
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China needs dry-bulk investment
Industry professionals have identified a problem with Chinese ports handling iron ore and coal imports. Perennial delays it is claimed, are harming economic growth.
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CHINESE PORTS IN HONG KONG IPOS
Tianjin Port Development Holdings is seeking to raise US$100m on the Hong Kong stock exchange while Xiamen International Port aims to raise $150m through an IPO on the same exchange. They hope to attract investors following a 30% increase in box traffic at both ports during 2005.
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Calcutta Port Trust
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.Calcutta Port Trust has appointed Delhi-based Consulting Engineering Services to undertake a feasibility study for new jetties on the banks of the Hooghly River at Diamond Bay. Each of these multi-purpose facilities will be capable ...
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Eurogate acquires Tanger 2
Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.A consortium of terminal operators and shipping lines has been awarded a 30-year concession to operate the second container terminal at the port of Tanger Med. The operator, Eurogate/Contship Italia, has a 40% stake in ...
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Colombo's facelift
The government of Sri Lanka is to invest US$1bn in order to boost capacity at Colombo to 4m TEUs. This will involve the construction of the Colombo South Harbour project which will occupy a 600-hectare site. The facility, which will have 12 berths, is to be developed in two phases. ...
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Raising the roof in Tema
Ghana''s local stevedores association has appointed a lawyer to object to a concession granted to SDV and AP Moller to run the new Tema container terminal. The local stevedores say the procedure has not been transparent and that the process, involving a state asset, didn''t go to open tender as ...
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KLANG OPTS FOR DIESEL-ELECTRIC STRADS
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.Klang Container Terminal has opted for the construction of the 11 new straddle carriers with diesel electric transmission which makes it the first port in Southeast Asia to ...
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Indian infrastructure needs US$150bn
India''s Transport Minister, T R Baalu, recently announced that his country is seeking up to US$150bn to fund port, road and other transport infrastructure projects.