Latest News – Page 1186
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Canal Trials
The Panama Canal Authority has initiated trials of simultaneous, two-way transits (Atlantic and Pacific bound) of large commercial vessels through the Canal.
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NewsChinese ports reaching saturation point
Shanghai handled a record 912,000 TEU in April, a month-on-month rise of 35%.
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Panama teams up to boost Asia business
The Port Authority of New York & New Jersey, which saw its Asian cargo volumes increase by 23% in 2002, has signed an agreement with the Panama Canal Authority to jointly promote the benefits of using the allwater route via the canal.
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Cochin Concession Talks
The long talked about new container terminal concession in Cochin, India, is the focus of interest on the part of CSX World Terminals and APM Terminals, sister company of Maersk Sealand.
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Colombo recovers transhipment traffic
A series of tariff initiatives, more aggressive marketing and improvement in productivity are allowing Colombo to recover transhipment traffic lost to other regional competitors.
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Scott Wilson appointed for Colombo expansion
The Ministry of Port Development and Shipping in Colombo has signed a US$ 10 million contract with British consultant Scott Wilson to realise plans for the development of the Port of Colombo over the next 20 years.
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Colombian increase
Public terminals at Barranquilla, Cartagena, Santa Marta and Buenaventura reported a 10% across the board rise in exports to 3.07m tonnes during the first quarter although this figure excludes coal.
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Tanjung Pelepas Boost
The Malaysian Port of Tanjung Pelepas (PTP), which has become an increasing thorn in the side of the nearby Port of Singapore, reports a 37% growth in throughput for the first half year compared to the same period last year.
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Tangier signed-up
The construction contract for the first phase of the new commercial port for Tangiers, Morocco, has been signed between Bouygues Travaux Publics and Bymaro, subsidiaries of the Bouygues construction group, and the Special Tangiers Mediterranean Agency.
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Kingston Signs Zim and Builds
Fast track construction plans for the fourth phase of the Kingston Container Terminal are underway and the Port Authority of Jamaica has just signed a new five-year agreement with its number one customer Zim Israel.
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Maersk Sealand labels St Petersburg Europe's most expensive port
Elena Siems, Maersk Sealand general manager, noted recently that, " St Petersburg is the most expensive port in the whole of Europe."
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Karachi has new container terminal
The International Finance Corporation, the private sector arm of the World Bank, has loaned US$9.25m to the Pakistan International Container Terminal (PICT) project in Karachi which is being developed as part of a 21-year concession.
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NewsPanama posts big first quarter numbers
Panama''s three container terminals, Manzanillo, Colon and Balboa which account for 97% of total traffic, registered a 14.3% first quarter growth in containers handled.
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NewsWake-up call for the Western MED
The growing number of complaints by ship agencies and operators in the Med have to be taken seriously, or else! Mike Munday reports.
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NewsLIVING WITH BIG BROTHER
Gavin van Marle voyages to the Baltic states and assesses the need for extra port capacity in light of impending EU accession and the not always easy relations with a sometimes obstinate neighbour.
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NORTH OR SOUTH - RESTRUCTURING BRINGS BOTH THREATS AND OPPORTUNITIES
Does shipping line self-interest serve box terminal operations? There is a growing debate in port circles as to whether shipping lines can make effective common-user container terminal operators.
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NewsJack of all TRADES
The mobile harbour crane is proving to be a popular cargo handling solution due to its versatility and cost effectiveness, writes Benedict Young
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NewsVolatile Global Markets affect Coal Forecasts
It''s not easy being a major coal exporting terminal in an essentially volatile global marketplace, writes Alex Hughes , but terminals are having to learn how to adapt.
