Latest News – Page 954
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HPH and Evergreen in Taranto agreement
Hutchison Port Holdings (HPH) and Evergreen Group (Evergreen) have signed an agreement whereby, upon completion, HPH will become a shareholder of Taranto Container Terminal S.P.A.
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Felixstowe to commence further rail upgrades
In order to further improve the efficiency and reliability of its rail operations, the Port of Felixstowe has commenced works to upgrade its South Rail Terminal.
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Rio Tinto abandons Uruguay terminal
Rio Tinto has suspended its project to build a new iron ore port at Agraciada in Uruguay.
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Call to delist Northern port
Northland Port Corporation chairperson Mike Daniel believes the Northland Regional Council should buy back all port shares and take the company off the stock exchange.
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Lisbon sheds area
Lisbon Port authority has been given approval to decommission parts of the port that no longer have any recognised use. These will be returned to the state and redeveloped.
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Costa Rican container terminal tender issued
A total of 11 international companies are interested in the 50-year concession being offered for the construction and management of a new container terminal on Costa Rica''s Caribbean coast. The project will cost $900m, of which $600m will be for infrastructure work.
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3i eyes Indian development
The global equity company 3i has been linked with a $163m investment in a major new container terminal project in the Indian port of Krishnapatnam. This is being developed by the CVR group, which will cede an undisclosed equity stake to the investor.
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Who's the priority?
How should ports prioritise their ships or cargoes? That depends on the type of operation.
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Bromma hits high
Spreader manufacturer Bromma set an all-time sales record in 2008, spurning the downturn in the economic markets.
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Innovative energy storage straddle carrier
With an energy storage system designed to save energy and reducing emissions, an innovative straddle carrier is now in service at HHLA Container Terminal Tollerort, Hamburg, and Germany. The NSC 644 E ECO manufactured by Noell Mobile Systems was formally handed over and taken into service in November. Claimed to ...
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Tories plan to "scupper" backdated ports rates
UK port businesses campaigning against massive backdated business rates bills have received an important boost from the Conservative Party, which has announced it will use the parliamentary process in an attempt to "scupper Gordon Brown''s ports tax".
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Ecuador to amend ports law
The government of Ecuador is to make changes to the current ports legislation to set down new regulations and limits on port services undertaken by the state, with a view to allowing more concessions in the future.
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Tuxpan box terminal up for grabs
A new tender has been issued for a container and general cargo terminal at the Mexican Port of Tuxpan. This was initially issued in February last year but cancelled in November for lack of conforming bids. Investment will be in the order of $180m.
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Chinese bankroll Nouakchott
The Chinese state is to provide $287m in investment to triple capacity at the port of Nouakchott in Mauritania. This will fund construction of a new, 900-metre long quay.
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New Chinese river port
The Chinese River port of Chongqing is building a new 10-berth container terminal which will occupy an area of eight square kilometres. Its location is some 18 kilometres from the city centre.
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Right on schedule?
Congestion might be a fond and distant memory for many ports right now - but that doesn''t mean the headache of berth scheduling has gone away. Felicity Landon reports
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Hutchison moves in to Amsterdam
Hutchison Port Holdings (HPH) and Nippon Yusen Kabushiki Kaisha (NYK) have signed a share-swapping agreement through which HPH will become the majority shareholder of Amsterdam-based Ceres Container Terminals Europe B.V. (CTE) in the Netherlands.
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Cork revisits box terminal project
The Port of Cork is to make a decision in October regarding the location of a $283.7m container terminal.
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Ten new Brazilian terminals
Brazil''s National Port Authority (Antaq) gave permission for 10 new privately-managed port terminals to be built in 2008.