Latest News – Page 1027
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2008 box trade to grow by 8%
UK analyst, Clarksons Research Services, expects world container traffic will grow by 8% this year in tandem with a 12% rise in handling capacity.
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Ferrovial/Cyes scoop Prat contract
Barcelona Port authority has awarded infrastructure specialists Ferrrovial and Cyes the contract to rebuild the collapsed portion of the new Prat quay.
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Punta Colonet tender to be issued
Mexico's Transport and Communications Secretariat has confirmed it is preparing a tender for construction of a new deep seaport at Punta Colonet in Baja California.
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Colombo South contract still on hold
The government of Sri Lanka continues to drag its heels on development of a container terminal at Colombo South port.
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Busan to kickstart bond issue
Busan Port Authority (BPA) is to issue bonds to the value of SKWon294bn ($311.9m) to help finance its New Port and North Port developments.
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Melbourne deepening
Melbourne's controversial channel deepening project has been approved by Australia's federal environment minister Peter Garrett.
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Dual duel for union
New Zealand's Maritime Union has recently pursued strong industrial action in ongoing disputes with both the Ports of Auckland and the Port of Napier.
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Ghanaian aims high
Privatisation of the Ghanaian ports of Tema and Takoradi has been ongoing since 2000 as part of a World Bank-supported modernisation programme. But while Oscar Cudjoe, public affairs manager for Ghana Ports & Habours Authority (GPHA), accepts that the introduction of new companies has been a success, he says that ...
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Driven by efficiency
Ports can make significant fuel savings by selecting the right drive for their container handling operations, writes Patrik Wheater
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GPA cranes off Good Hope
There can be no greater yardstick to measure the market acceptance of increasingly larger containership tonnage than the increase in container handling capacity, especially orders for new super post-panamax cranes.
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APM test bed for quad technology
APM Terminals is about to break new ground with Bromma's delivery of its first production model of its quad-lift spreader.
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JBIC loan to Mombasa
The Japan Bank for International Cooperation has loaned the port of Mombasa $228.5m to help build a second container terminal, which will be implemented in three phases. This will ultimately help relieve congestion at the port.
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VTE gets Votri Sixth
Genova Port Authority has awarded the Sixth Module at Voltri to incumbent operator Voltri Terminal Europa (VTE), which forms part of the PSA group. VTE was awarded 92 points against the 72 points gained by the competing bid from Contship Italia.
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Novorossiysk on acquisitions trail
Novorossiysk Commercial Sea Port is trying to acquire port assets in both the Black Sea and in the Baltic.
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Saudi seals new port construction deal
The Saudi Ports Authority has signed a $586m contract with China Harbour Engineering Company (CHEC) for the design and construction of a new port in Ras Al-Zour following an international bidding process.
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Mejillones boosts investment
The Chilean port of Mejillones is to invest $53.5m in advance of forecast mineral and industrial development around the city of Antofagasta. It also aims to double its capacity, especially in the area of imported coal discharge operations.
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America witness birth of ports goliath
AIG Highstar Capital, owner of and investor in Ports America, MTC Holdings and Amports, has restructured its business to create a single management structure for the entire enterprise.
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Spaniards invest in India
A consortium consisting of Gammon India, Gammon Infrastructure and Dragados-SPL of Spain has been awarded a 30-year concession to develop an offshore container terminal at the Port of Mumbai.
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HPH commits to $150m Jakarta expansion
Jakarta International Container Terminal is investing $150m in a bid to expand capacity to over 3m teu.
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Transas nets Cochin VTS order
Port equipment specialist Transas is to supply, install and commission a Vessel Traffic Management System (VTS) at Cochin Port.