Latest News – Page 924
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Kiel's breakbulk slowing its slide
The Port of Kiel handled 2.36m tonnes of cargo in the first half of this year, 5% less than in the same period of 2008. Above-average decline was recorded in the breakbulk sector, which was comparatively hard hit by the current economic crisis.
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Iraq improves Umm-Qasr
Iraq''s Transport Ministry has revealed that Iraqi Ports Company has signed a $12.6m contract with local company to expand Umm-Qasr port near Basra. Work will be completed within 210 days.
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Port protection
Felicity Landon reports on the drive to find the best container scanning solutions
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A fine mess
The news that France and Germany are ''officially'' out of recession should be music to the ears of box terminal operators. A growth in gross domestic product - albeit a subdued 0.3% one - in both countries in the second quarter should herald the start of the uptick, bringing with ...
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Antwerp responds to Dutch delay
Dutch authorities have again put back the programme of works on the 12 shallow points in the Western Scheldt by suspending the routing decree and one of the implementation permits for deepening the navigation channel.
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Port Qasim taking major private investment
Up to $1.22bn of foreign investment is expected to be made in the various development projects put forward by Port Qasim Authority covering the next five years.
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Money matters
The ports sector has over the past few years been the scene of some significant innovation regarding the deployment of finance for acquisitions, capital expenditure and even debt finance.
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PPA expanding with French cash
Philippines Port Authority (PPA) is to receive a loan of ¢ 170m ($239m) from the French government by the end of August. This will help fund six new port projects. Originally, finance was to have come from Spain, although a deal with the Spanish government eventually fell through.
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Government funding now the norm
Worldwide, the role of government is increasing. In the US, discussions of infrastructure funding are dominated by conversations about the American Recovery and Reinvestment Act ("ARRA", or "The Stimulus Bill") of 2009.
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e-learning for dangerous goods code
Exis Technologies has kicked off a UK port tour to raise awareness of new International Maritime Dangerous Goods (IMDG) Code requirements.
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City trucks get green boost
A clean air strategy in the ports of New York and New Jersey is being helped by an influx of environmental grants, worth over $30m, that will help to replace pre-1994 trucks serving the port.
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Long service honoured at Tyne
Thirteen port employees took part in an evening of celebrations at the Port of Tyne headquarters, UK, to honour their combined 360 years of service.
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Haifa's new box terminal completed
Israel Ports Company has completed its $250m Carmel container terminal and has turned over operations to the Haifa Port Company.
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City trucks get green boost
A clean air strategy in the ports of New York and New Jersey is being helped by an influx of environmental grants, worth over $30m, that will help to replace pre-1994 trucks serving the port.
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ENAPU and DP World to develop Callao
Modernisation of the North Quay at the Peruvian port of Callao will be taken forward by DP World and the National Ports Authority (Enapu) under a $600m investment programme.
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The US perspective
The view on the US markets comes from Joe Seliga, a Chicago-based Partner at law giant Mayer Brown, representing CenterPoint Properties in Virginia.
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Competing Bids at Virginia Port Authority
The battle over Virginia Port Authority-owned facilities heated up at the end of July.
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Bolloré wins Cotonou bid
Bolloré Africa Logistics has won a 25-year concession for the container terminal at the port of Cotonou (Benin). The operator aims to increase container traffic in Cotonou from the current 312,000 teu in 2008 to 1m teu by 2030.
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New Murmansk relief port
A new port is to be developed on the Kola peninsular in the Murmansk region of Russia by 2010. This is needed because the existing Murmansk port is operating beyond its engineered capacity.
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Hard times predicted for box market
2009 is to be the most challenging year ever, says Drewry Shipping Consultants in its annual review of container terminal operations.