Latest News – Page 991
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10 key questions the conference will aim to address:
Funding new project development and acquisitions: what are the key criteria that lenders look to be fulfilled in today's environment?Green shoots of recovery, fact or fiction? When and where according to leading industry analysts.Who are today's investors, what is the current attitude of international terminal operators and shipping lines towards ...
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Upgrade loan for Vyborg
A multi-purpose port situated in the Gulf of Vyborg, about 113km from St Petersburg, will be helped in its ¢ 233m ($366m) modernisation by a ¢ 115m ($180.7m) loan from the European Bank of Reconstruction & Development.
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On the acquisition trail
Many investors have shown true interest in private ports or private terminals. There are various port deals conducted in the last few years, some examples are presented below:
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Marker lowers light pollution
A new port marker device designed to increase maritime safety and facilitate rendezvous manoeuvres for ships entering the port has been adopted by the Port of Barcelona.
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Latvia eyes Russian/Asian cargo
Latvia''s is set to carve out a role for itself as a transhipment and handling centre for containerised cargo to and from Russia, China, Korea and other Asian states, according to officials. To add further value, the country will provide additional logistics and transport infrastructure.
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Suape gets greener
The Brazilian Port and industrial complex at Suape is to invest $9.84m in environmental projects up to 2010. These will be funded through the sale of land in the industrial area.
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Protect your assets
A new rapid deployment perimeter protection system claims to provides a cost effective covert security solution to protect portable assets, such as plant and high value metals, as well as perimeter locations.
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Russia goes deeper
A new deep water port is to be built at Karelian Belomorsk in Russia, 376 kilometres from Petrozavodsk.
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CVRD to invest in Oman
CVRD is to invest $1bn in Oman in the construction of an iron ore pelletisation plant and distribution centre at the Port of Sohar, which is also collaborating financially on the project. Annual throughput will be 7.5m tonnes of pellets.
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Chittagong to go private
Pacific International Line in collaboration with Container Terminal Services are favourites to be awarded the concession to operate Chittagong Container Terminal. Other bidders are Everest Enterprise Ltd and incumbent terminal operator SAIF Powertec.
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Colombia woos private investors
Private investors are being the opportunity to commit cash to three new port projects in Colombia.
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Automation for old task
Fitting or removing twistlocks on containers, a slow and arduous operation action performed worldwide over a billion times a year, can now be done by an electro-hydraulic machine - the RAM PinSmart Automated Twistlock Handling Machine.
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Capacity seeks energy alternatives
Capacity of Texas is powering ahead with five alternative fuel routes for its Trailer Jockey terminal tractor line.
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Birth of the super-port
Hong Kong and Shanghai have barely stopped for breath over the last 50 years, as Wing Kah-goh explains
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An eastern man of port power
Turning 80 this July, Li Ka-shing has done more to revolutionise container terminals than just about anyone else. He has also been at the forefront of the fortunes of both Hong Kong and Shanghai ports.
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Barry Parker - opinion submit July/Aug
Port workers in 29 ports along the US West Coast (including approximately 20,000 in Los Angeles/ Long Beach) refused, at the start of July, to extend an earlier contract and are now negotiating with the Pacific Maritime Association on a new agreement while continuing to work.
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El Salvador port privatisation overhaul
The Autonomous Port Executive Commission of El Salvador is seeking private sector investors to take over management of its ports.
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Oz Feature
Hemmed in and battling congestion, Australian ports are in a state of flux, as Dave MacIntyre and Iain MacIntyre report.
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Competition: friend or foe?
Heated inter-port competition is making the headlines in New Zealand, which has led to large capital investment programmes which, some observers believe, will fail to realise competitive returns unless there is a rationalisation between ports in the future.