Latest News – Page 870
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NewsIndian port services “key area” for Eredene
Eredene Capital has bought an 8.22% stake in a leading Indian port services operator for $11.1m.
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ICTSI’s Asian boost
International Container Terminal Services (ICTSI) has reported promising initial half-year results boosted by Asian demand. Consolidated volume reached 2m teu in the first half of 2010, 26% higher than the same period in 2009.
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Kiel throughput up
Cargo handling in the Port of Kiel increased by 13.4% in the first half of the year to 2.7m tonnes. Further, utilisation of the Ostuferhafen part of the port has risen to more than 80%, underscoring the need to expand its capacity.
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NewsEssar to divide
Essar Shipping Ports & Logistics Ltd (ESPLL) is to split itself into two businesses under the ESPLL parent: Essar Ports and separately Essar Shipping.
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NewsContainers to have ‘banner year’
World containerised trade volumes are forecast to reach nearly 10% growth this year, with a slightly stronger recovery of 10.6% on the main East-West trade lanes, before slowing, according to IHS Global Insight''s World Trade Service.
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NewsUst-Luga will no longer languish
Development of the Ust-Luga Container Terminal (ULCT) is now again underway after the resolution of recent conflict through one party selling its 50% stake in National Container Company (NCC).
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NewsOne hour turnaround in Liverpool
A £1.1m IT system installed at the Port of Liverpool has led to improvements in customer service, with 95% of truck drivers now processed through the port within an hour.
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NewsSvitzer order their first ECO tugs - by Jack Gaston
Virtually every tug owner worldwide recognises the need to meet future demands for more environmentally acceptable vessels.
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NewsChain reaction
Today’s busy lifestyles mean that we are always on the run – whether it’s from one country to another, one meeting to another, or, in the case of ships, from one port to another.
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NewsFrom riches to rags in the UK
It was a change in law that prompted the UK Valuation Office’s review of all 55 large ports across England and Wales; a review that sparked massive confusion for UK ports.
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NewsVolume predictions ‘less science, more art’
Volume forecasts are becoming ‘less of a science and more of an art’, says Robert Hambleton, chief operating officer of the Suez Canal Container Terminal (SCCT) with the implication that local markets will play an increasingly important role.
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NewsMotorways of the sea boost for Marseilles
Eighteen partners from France and Tunisia have signed a new agreement focusing on ro-ro traffic between Marseilles and Tunis-Rades – the first to link Europe and North Africa under the European Union’s Mediterranean ‘motorways of the sea’ project.
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NewsKarnataka iron ore ban slows ports
The Indian region of Karnataka’s ban on iron ore exports hit port movements in August.
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NewsRTG tests may give ports a breath of fresh air
The air at ports could benefit from a new initiative being piloted at the Port of Los Angeles.
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NewsTime to celebrate
After a two-year battle against massive backdated business rates bills, port companies are celebrating a triumph they had scarcely dared to dream of. Felicity Landon reports
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NewsCreating hurdles, not solutions
The latest G20 meeting resulted in a communique that endorses austerity and debt reduction.
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NewsRates redemption
HFW’s Richard Wilmot and Andrew Williams discuss options to challenge unreasonable business rates
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NewsGive as you get
Looking toward energy generation, the port of Los Angeles’ latest initiative is the first completed phase of a 71,500sq ft roof-top solar system capable of generating 3.5 million kilowatt hours annually.
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NewsSaving yourself
It takes more than simple number crunching to meet green targets. Stevie Knight looks for passion behind the policies
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Northern ports gain link with Poland
A new Polish hinterland terminal has just opened near Katowice, bringing the southern Polish economic region of Silesia closer to the Port of Hamburg and linking up with the northern European seaports of Hamburg, Bremerhaven and Rotterdam through daily rail connections.
