Latest News – Page 832
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Towards a European Port Performance Dashboard
No-one that is in the business of shipping and logistics will deny the important role that seaports play as gateways for trade and transport and the contribution they deliver to the European economy.
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Barcelona eyes Spain's green port title
Barcelona port is to convert itself into the greenest in Spain, according to the port authority.
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America sees the private benefit
The public-private partnership model has become more attractive in the US in recent years.
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Newcastle’s ten-strong berth plan
Newcastle Port Corporation is to create ten new berths by dredging 3m cu m of mud, sand and contaminated material from the south arm of the Hunter River.
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Barcelona invites bids for Costa concession
Barcelona port authority has an exclusive wishlist for a concessionaire for its new Costa Quay, which it hopes will be awarded without an international tender.
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Oakajee $4bn development on track
Joint owners Mitsubishi Development and Murchison Metals are on track to begin building the A$4bn (US$4bn) Oakajee Port and Rail project in Western Australia later this year. Construction will continue until the end of 2014 and the first ore shipment from the initial capesize berths will be in early 2015.
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A fair wind
Could planning and subsidy issues lead to some ports losing out in the race to support the offshore wind power sector? Felicity Landon reports
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Japan funds Vietnam port development
Japan''s overseas aid agency, JICA, is to team up with Japanese companies to build a Y140bn ($1.7bn) port in northern Vietnam, the Financial Times has reported.
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Unified concession process mooted
The Chilean Senate has asked the Ministry of Transport and Telecommunications to establish a single national port concessions process that includes a means of guaranteeing the rights of dockworkers in terms of social security and pensions.
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Beypore tender deserted
There were no bidders for a global tender to develop the Indian port of Beypore, despite the initial deadline having been extended at the request of two potentially interested parties. The port requires $36m, which it intends to raise through a public-private partnership scheme.
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A dose of realism
Investors need to wise up to the new port investment market, says Martin Rushmere
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NCC lets go of NUTEP operation
First Quantum Group and its long-standing partner, Andrey Kobzar, have sold their 50% stake in the NUTEP (Novorossiysk) container terminal to an external investor for $115M.
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Mundra SEZ wins east-coast coal project
Mundra Port and Special Economic Zone (MPSEZ) has won a contract to develop a coal import terminal at Visakhapatnam.
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Growth gap narrows – for a while
When the figures come in for 2011, they might point to a narrowing of that widening growth-rate gap between the mature and emerging markets. But don''t open the champagne.
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Santos goes supersize
Santos has secured funding of $679m to develop new container and liquid bulk terminals, significantly increasing the port’s present capacity.
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Potent plans for Abu Dhabi
A number of new port developments are planned in the Western (Al Gharbia) region of Abu Dhabi, adding to the emirate’s aggressive port expansion plans.
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Dragados-SPL rebrands as Noatum Ports
Dragados-SPL - the Spanish port terminal operator with equity stakes in container operations in Bilbao, Valencia, Malaga and Las Palmas, and in general cargo terminals in Santander, Castellón and Sagunto - has been renamed Noatum Ports.
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The sell-off quandary
Experts in Kenya are divided as to whether the port of Mombasa should be privatised or not.
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Caution counselled as uncertainty rules
Our industry expects economists to provide forecasts for the months and years ahead, prognosticating about demand and supply as well as financial returns. We spout optimism and pessimism with equanimity, but often with a lag.
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EU infrastructure project win
The European Union is to finance 51 infrastructure projects costing a combined €170m ($241m) as part of its Trans-European Transport Network. In Italy, the River Information Services in the Northern Italian Waterway System will be financed, as will the Adriatic Gateway project.