Latest News – Page 919
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NewsNew Yorker OPINION, October '09 issue
There is a fine line between great foresight and lemming-like marches, so which camp do the major container carriers fall into, as they continue to support their orders of dozens of mega-ships, booked at prices of circa $100-$130m each?
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Tianjin posts loss
Tianjin Port Development ended the first half of 2009 with a net loss of $2m. Container traffic handled by the company was down by 6.7% and bulk by 8.4%. Revenue reached $83m compared with $91m the previous year.
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NewsTanger-Med II to boost Moroccan boxes
The Oxford Business Group, a London-based think tank, believes that the decision to go ahead with the Tanger-Med II project in Morocco suggests that there is significant potential in the country for future development.
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Cold ironing comes to Vancouver
Vancouver has become the third world port to introduce cold-ironing, which allows berthed vessels to make use of mains power supply when in port.
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NewsBBI poised to offload PD Ports for $1
The recapitalisation of Australian port investor Babcock & Brown Infrastructure has taken a massive step forward, with Canadian infrastructure investor Brookfield Asset Management taking a 49.9% stake in the Dalrymple Bay Coal Terminal.
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Re-sale values don't stack up
Making money out of straddle carriers at the end of their front line working lifeis not a job for the fainthearted.
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PSA issues bonds
PSA International aims to raise $500m through a bond issue, being arranged by JP Morgan, Nomura International and DBS Bank.
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NewsAuckland Rs
The increased complexity of modern electronics and diagnostic systems, in Iain Robertson''s view, is a good thing.
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Unique grain unloader for Ukraine.
Telestack has recently been awarded the contract for it describes as an "innovative and unique" grain handling ship-loading project in the Ukraine.
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Burgos cuts a fifth of its workforce
The Bulgaria port of Burgas is to make 20% of its workers redundant as a result of the economic crisis. This will mean that 275 employees out of a total of 1,300 will lose their jobs. Older workers and pensioners will be shed first, with others released on a rolling ...
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Talking up Punta Colonet
Despite an effective suspension on the development of the Punta Colonet mega-port project in Mexico since April, the head of the Ministry of Communications and Transport, Juan Molinar Horcasitas, announced in August that the project is still effectively live.
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Victoria unveils state port plans
The Australian state of Victoria has launched a new state port plan which merges the Melbourne and Hastings port authorities and outlines future developments for Hastings and Geelong.
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NewsStrads and RS
Go beyond unit price comparisons when sourcing new box positioning equipment, Alex Hughes advises
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Mascus marketplace in demand
Electronic equipment marketplace Mascus has breached the 85,000 barrier for the number of pieces of used equipment available around the world, with over 8,000 available in the material handling sector.
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Box recovery signs at Marseilles
Marseilles Fos registered a slight 4% increase in container traffic for the first eight months of the year, buoyed by a 23% rise in traffic at its deepsea Fos terminal.
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NewsPD Ports gets down to study
PD Ports has teamed up with the UK''s Teesside University to launch a Foundation Degree for port industry workers.
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Puerto Rico
Concessioning of Puerto Rico''s Las Americas port (PLA) will go ahead, law firm Mayer Brown partner Joseph Seligman has said.
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NewsUS traffic down to 2002 levels
Figures released in the US suggest that the country''s ports will handle 12.3m teu in 2009, equivalent to an 18.8% year-on-year drop - the fewest containers handled since 2002.
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NewsUnderwater fixing tool unveiled
Underwater tool manufacturer SUPRAMECA has launched a reference tool for port authorities, consulting companies and contractors to aid underwater operations.
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Transnet's new COO
Transnet Port Terminals has appointed former general manager of sales, logistics and commercial, Nosipho Damasane, as the company''s new chief operating officer following Solly Letsoalo''s departure to the private sector.
