Latest News – Page 1043
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Peruvian ports to handle one million TEUs
The Peruvian ports network will have handled 1m teu by the end of this year, which will be a new annual record. Traffic is expected to double by 2017.
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BA on the verge of saturation
A recent report has revealed that the port of Buenos Aires is already operating at the edge of saturation.
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NPA already overspent on budget
The Western Ports division of the Nigerian Port Authority reports that it had overspent its entire budget for 2007 by the beginning of August.
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APM Terminals reduces boxes sent to bonded terminals
APM Terminals in Apapa Port in Nigeria has been accused of reducing the number of containers forwarded to bonded terminal operators in the area. This has resulted in many of them going out of business or being forced to lay off workers.
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Penang Port to be privatised
Konsortium Logistik Bhd, a consortium of senior executives, and a listed state company have all bid to take over Malaysia''s Penang Port Sdn Bhd. 
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Adani Group in IPO
The Adani Group is expected to undertake an initial public offering worth $371m in October in respect of its Mundra Port and Special Economic Zone Ltd Co.
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NY/NJ ties green bond with Rotterdam
The Port Authority of New York and New Jersey has committed to an "information and experiences" sharing agreement with the Port of Rotterdam to strengthen and expand environmental initiatives in both ports.
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"Serious" container capacity shortfall caution
Drewry Shipping Consultants has warned of an imminent "serious" global container terminal capacity shortage in its Annual Review of Global Container Terminal Operators 2007.
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Kalmar adds software specialist
Port equipment specialist Kalmar has purchased Netherlands-based Advanced Cargo Transhipment BV (ACT) to further the development of its automated technology.
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SECCONDD standards now available
Co-ordinated by Thales Research & Technology UK (TRT), the aim of SECCONDD has been to start the process of standardisation for the technical interface between a secure container or vehicle and a data reader at a port or border crossing. The resultant study has extensively analysed user needs and ...
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HPH stand-down a boon to Northern Gateway project
Hutchison Port Holdings (HPH) has been swayed away from its tough stance blocking the development of the UK''s Northern Gateway project by developer PD Ports.
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PSA will target feeder traffic at "East Port"
Singapore operator PSA says it will be in a strong position to attract feeder traffic at its new Great Yarmouth container terminal when it opens in 2009.
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Less is more
Europe still has its fair share of less than hospitable airports and as this writer navigated one of them recently he opened the door to a rather "intimate" departure lounge only to push the door into the rather large backside of an east European gentlemen bending down looking for his ...
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Eight berths shut down at Karachi
Closed Karachi berths deemed unsafeBerths 10 and 4, which were both more than 40 years old, collapsed during heavy rain in August, prompting the Port Trust to close six others of similar vintage.Karachi had a total of 27 berths and three oil piers, but will now have to work hard ...
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Historic first for Israel privatisation
Haifa will benefit from Israel's first privately-owned portThe permit - the first of its kind in Israel - was granted by the Finance and Transport ministries. However, as part of the terms and conditions of the permit, Israel Shipyards is only allowed to handle 5% of all Israeli imports. But ...
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Bids called for third Algeciras box terminal
Interested parties have until December 21 to enter bids for a concession to build and operate a third container terminal at the Spanish port of Algeciras.
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Barcelona Port blazes investment trail
They have put together a special-purpose vehicle, Catalana de Infraestructuras Portuarias, in which the port authority will hold a 49% stake and the private sector partner 51%. Having acquired the Mepsa concession on the Inflammables Quay, the company plans to build additional infrastructure in the short term.
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Malmö brings new berth online
Copenhagen''s Malmö Port (CMP) has inaugurated a new pier to meet rising export demands at the Danish port.
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APM Terminals washes hands of Colonet
APM Terminals has abandoned plans to build a container terminal at the proposed Punta Colonet Port in Mexico blaming the extremely high investment demands of the project.
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Cost effects
Is it really possible to come up with meaningful life cycle costs for port equipment? Opinions vary, as Felicity Landon reports