Latest News – Page 814
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The fiscal crisis has landed
The global economy is entering a difficult period, the outcome of which we cannot guess at this stage.
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Bilbao issues terminal tenders
Bilbao port authority has issued tenders for two new bulk solid terminals and a third for general cargo. The former will occupy the AZ1 and AZ2 quays, while the general cargo terminal is destined for Bizkaia quay.
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Gopalpur phase II development
The Orissa government is upgrading the port of Gopalpur and has announced a second phase of development work, which should be completed by March 2013. Investment of $791m will be required to allow the port to eventually handle 54m tonnes of cargo.
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Afghan trade costs Pakistan $579m
Pakistan believes that it has lost up to $579m in unpaid duties, tax evasion and pilferage by handling Afghan transit goods.
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Jakarta port expansion price rise
A $1.29bn expansion scheme in Jakarta has attracted interest from APM Terminals, despite a rise in project costs from earlier estimates of $1.03bn.
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ICTSI withdraws Portek offer
Global terminal operator ICTSI is to withdraw its offer to acquire Portek International.
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Over the airwaves
Colin Eade of Sepura, designer and supplier of TETRA portable and mobile radios, believes that security, efficiency and health and safety should be primary concerns for ports.
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Loud and clear
Resilience is a must-have trait for port-wide wi-fi and radio communications infrastructure, as John Bensalhia finds out
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Cartagena bucks the recession
Unlike Coronel, Angamos or TCBuen, the box handling terminals at the Port of Cartagena - Colombia''s leading Caribbean container handling port – are long established operations.
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A private party
The private sector has propped up South American ports with great success, as Alex Hughes explains
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Defining supply chain boundaries
Stevie Knight questions where to draw the line when exploiting port assets that might conflict with existing interests
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Coquimbo privatisation out of favour
A $40m tender has been issued for the privatisation of the Chilean port of Coquimbo, but the process has already drawn criticism from port workers who complain that the government has reneged on earlier promises to include them in the process.
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New entrants shake up box operator ranking
SIPG, China Merchants, Modern Terminals and Ports America have forged their way into the Top 10 league table of this year’s Global Container Terminal Operators annual report, joining the ranks of PSA, HPH, APM Terminals, DP World, and Cosco.
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Cavotec maintains steady growth
A "continued resurgence in investment in port infrastructure" has prompted a flurry of orders for Cavotec cable reels, shore-to-ship power systems, MoorMaster automated mooring units and Panzerbelt cable protection systems, according to the company.
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Container rate slide sounds alarms
The bush telegraph beats louder about crashing freight rates and, in turn, the prospect of hard rain falling in the container shipping line sector looms larger, threatening the recovery of container terminal throughput.
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India prioritises port projects
India''s Shipping Ministry has earmarked $3.8bn for 24 port upgrade projects this year, compared with the $903m spent on 12 projects last year.
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World Cup spurs Brazilian port investment
Brazilian ports are to receive $449m for upgrades in time for the Fifa World Cup, a modest sum in comparison to investment being made in national airports.
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A win-win for PPPs
Apart from addressing budgetary challenges, the availability payment public-private partnership approach has significant ‘value for money’ merits that make it worthwhile for port authorities to consider.
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Four new ports earmarked for Brazil
Brazil is planning to build four new ports at Manaus, at Sul in Bahia state, in Espírito Santo state - where a deepwater port is planned - and a new multipurpose terminal at Vila do Conde in Pará state.
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Qatar bankrolls two Egyptian ports
The governments of Qatar and Egypt have signed an agreement that will result in the construction of two new ports on the Mediterranean coast at Port Said and Alexandria.