Latest News – Page 811
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Manaus concession put back to 2012
The tender for second port concession at the city of Manaus in the Brazilian state of Amazonas will not now be issued until 2012. Originally, the tender was slated for 2010, but was later put back until the second half of 2011, although has now been delayed until early next ...
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APMT profit increases
In the first two quarters of this year, APM Terminals generated revenue of more than $2bn, up 6%. Profits amounted to $304m. Three new port operations commenced: at Cai Mep in Vietnam, at Monrovia in Liberia and at Poti in Georgia.
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Five pre-qualify for Kalibaru
Five bidders have prequalified for the concession to build and operate Kalibaru Terminal at the Indonesian port of Tanjung Priok in a contract that will eventually be worth $1.37bn.
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New tender for Valparaiso
A new tender for the proposed Terminal 2 at the Chilean Port of Valparaiso is to be issued in the first half of 2012.
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US Northwest ports lose out to Canada
Ports in the US Pacific North West say that the mandatory Harbour Maintenance Tax that they have to pay for dredging is forcing grain shipments towards cheaper ports in Canada.
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First strikes at Tanger-Med
Dockworkers at the Eurogate terminal in the Moroccan port of Tanger-Med have gone on a six-day strike demanding similar pay and conditions to stevedores in the adjacent APM Terminals facility.
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Rough water ahead for northern Europe
According to the North Europe Port Tracker, despite a very strong second quarter which may rescue total year volumes, the region is in a sharper slow down than anticipated by the industry.
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Can US port security stand up to the cuts?
Ten years on from 9/11, US ports are being asked to enhance their security further, but it’s a troubling issue in the recent environment of budgetary cuts.
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Libyan operations aim toward normality
The European Union is expected to lift sanctions against Libya''s ports today, and operations are looking at getting back to normal as quickly as possible.
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Captive to Casablanca
Morocco''s original ''super-port'' risks being overshadowed by national neighbours, as Stevie Knight explains
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Defining the ‘Green Port’ concept
The keynote speech of the GreenPort Congress on 14th September 2011 is to be presented by Dimitrios Theologitis of the European Mobility Network Directorate, says event organiser Mercator Media Ltd.
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Off the transhipment seesaw
In today''s market, those North African terminals with hub status carved out in transhipment will likely find themselves more stable than those with domestic pull.
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Revolutionary spirit
There remain a myriad of barriers to ''secure'' port investment in North Africa as Stevie Knight discovers
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An extraordinary affair
The early expulsion of Getma International, a subsidiary of the NCT Necotrans group, from its 25-year concession for the Conakry container terminal in Guinea has all the hallmarks of a most extraordinary affair.
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Head of Unit, EC to open Congress
Dimitrios Theologitis of the European Mobility Network Directorate, will give the keynote speech at the 2011 GreenPort Congress
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Brazilian government to participate in ports
Brazil''s federal government has announced that it is to increase its intervention in the management and planning of 16 large ports.
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Chile's Coquimbo considers concession
The Chilean port of Coquimbo will shortly be offered as a concession as a means of expanding its working area and thereby allowing it to more easily accommodate larger vessels.
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Kiwi ports maintain steady funding
New Zealand’s two largest ports - Ports of Auckland (POAL) and the Port of Tauranga - are reporting steady relationships with their banking creditors, albeit with some differences since the global financial crisis.
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New-fashioned financing
The new age of risk averse banking calls for fresh thinking to raise finance for port projects.
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DP World celebrates four-fold profit increase
A stronger operating environment pushed DP World''s first-half profits up four-fold, but second half uncertainty could disrupt the profits party, the group cautioned on Thursday.