Latest News – Page 915
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Port Botany container terminal “ticks the green boxes”
Port Botany’s Container Terminal expansion has passed its compulsory first year environmental audit, exceeding all compliance requirements and winning an unqualified endorsement for a raft of environmental management initiatives.
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TICTS loses exclusivity
Tanzania International Container Terminal Services has lost its right to exclusively handle containers in the port of Dar es Salaam for 25 years.
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MOL renews LA lease
Mitsui OSK Lines subsidiary TraPac has renewed its long-term lease contract for a container terminal at the Port of Los Angeles.
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Bilbao stevedores go on short time working
Bilboestiba APIE, the main stevedoring group at the port of Bilbao, has withdrawn an earlier redundancy plan after consultations with workers.
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Drastic measures for Greymouth
An asset-sale, reduction to skeleton three-person staff and returning of governance to the Grey District Council are among measures being pursued for the debt-ridden Port of Greymouth.
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Secondhand units not the 'steal' they appear to be
A secondhand market for fork-lift trucks certainly exists - even if it''s sold back to the dealer under buy back terms included in the original tender.
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Charleston promotes green initiatives for World Maritime Day
A healthy, growing port and a cleaner, healthier environment are compatible goals, as the Port of Charleston demonstrated at a “World Maritime Day” event; an annual event sponsored by the International Maritime Organization (IMO).
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Brazilian port contracts under scrutiny
Brazil''s Commission on Financial Oversight is to investigate contracts awarded for work worth $285m at 16 of Brazil''s ports. These involve dredging and infrastructure, as well as upgrades to existing installations.
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Injury time down for APM
APM has revealed positive results from its drive for a ''safety culture'', reporting a decline in Lost Time Injury Frequency (LTIF) to rate of 4.8 from 7.7 a year ago.
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Primeport advocacy formed
Representatives of workers, business and local Government have established a "Timaru Port Network" to advocate for the port and user''s interests, following Fonterra switching the majority of its local Clandeboye dairy exports to rival Lyttelton Port of Christchurch.
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US figures still in decline
The latest US containerised import statistics reveal a 19.3% drop in the second quarter of 2009 compared with the same period last year, according to PIERS Trade Horizons.
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NYK pulls out of Tacoma terminal agreement
The Japanese terminal group Nippon Yusen Kaisha (NYK) has cancelled plans to build a dedicated container terminal at the US port of Tacoma, which would have required investment of $300m.
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Ngqura unloads its first ship
The new deepwater Port of Ngqura, South Africa, has welcomed its first commercial containership - the MSC Catania.
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Are we in danger of a double dip recession?
A recent US survey of eminent economists resulted in 80% of those surveyed believing that the recession was over. Yet we continue to hear warnings about the continuation of the recession with fears of a "W" double dip recession and the next negative phase of the financial crisis resulting from ...
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Santos needs $5bn investment
The port of Santos needs investment of $5bn to prevent capacity restraints stifling economic growth, a recent study has concluded.
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Antwerp applauds invoking of deepening treaty
The Dutch government has implemented a treaty on deepening the Scheldt estuary, a move supported by Antwerp Port Authority.
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Box terminal projections face heavy scrutiny
The ''build it and they will come'' attitude for container terminals is out, according to Romain Py, senior partner, JP Morgan Asset Management-Infrastructure Investments.
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Banks open for limited port business
Banks offering finance to ports are "open for business", according to DnB NOR Bank, but "opening hours are limited".
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UK government urged to act now to protect port assets
UK port executives have urged the government to start supporting the port industry, or risk losing out on business to mainland Europe.
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