Latest News – Page 1074
-
News
Dual-purpose security solution
A new combined radar and closedcircuit TV security system has been launched by British company Navtech Radar,which is targeting ports, airports, large industrial sites and other highvalue installations with the product.
-
NewsKrystallon: 'scrubbing vital in ports'
Seawater scrubbing technology could have an important part to play in the future as ports come under increasing pressure to reduce air pollution, says manufacturer Krystallon. The company, a joint venture between BP Marine and Kittiwake, developed and installed the first Krystallon seawater scrubber on board a commercial vessel a ...
-
NewsRubb drives automobile storage
International facility developer Trans- Development Group recently contracted Rubb Buildings for a relocatable structure to process automotives in Dundalk,US.
-
News
Taiwan has opened Qingdao terminal
Taiwan-based shipping line, Evergreen, has inaugurated a new $300m container terminal at the Chinese port of Qingdao. It will provide logistics support to vessels linking China, South Korea and Japan.
-
News
Under watchful eyes
CCTV technology can offer everything from movement detection to automated number place recognition.But first,ports must make choices on monitoring levels,coverage and layout.Felicity Landon reports
-
News
SECURITY BRIEFING
Port surveillance systems and equipment must be cost-effective, dependable, able to operate in potentially severe weather conditions in a maritime environment, require minimum maintenance and repair and have the availability of a prompt repair response when necessary. DSSL takes a closer lookCVSS's sister company, DSSL, has launched a CCTV system ...
-
News
Mind your P's
The end of 2006 and very early part of 2007 saw industrial action in Europe''s ports on a scale that has not been experienced for some time. The last week of December saw action at Gioia Tauro - including a one-day stoppage and which slowed traffic and prompted substantial diversions ...
-
News
Crippling implications of US initiative
One of the more interesting announcements at the beginning of 2007 is that the opposition party in the US, the Democrats, are to fast track legislation which within three years aims to ban containers from entering the US unless they are scanned at source by US-installed equipment and fitted with ...
-
NewsIs the great equity bubble about to burst?
Private equity firms and other non-public shareholder groups such as Dubai Ports World (DPW), have entered the global ports and terminals marketplace to drive up values in the industry. Perhaps the initial driving force was DPW when it entered the Indian market outbidding its rivals.
-
News
Taking Stock
Time was when shipping lines used to divest terminal assets on the downside of the container boom and bust cycle.Nowadays,however,they have learnt a trick or two and as the recent OOIL disposal highlights they are not disposing of these assets on the downside, but on the upside and reaping the ...
-
News
Learning Curve
It is interesting to note that an officer of Kenya Ports Authority has suggested that congestion problems in Dar es Salaam are worse than those prevalent in Mombasa, and that as a result privatisation may not be the right road for the Port of Mombasa to go down. He suggests ...
-
News
ICTSI swoops on Shandong terminal
Global port operator International Container Terminal Services Inc (ICTSI) has bolstered its Asian port holdings with a majority share in a Chinese operator.
-
News
China's bright star still shining
"China''s port industry shows a promising future", a recent report from Research in China has found. The study estimates that China''s port handling capacity will increase by 80% or more from 2006 to 2010 and by 2010 the annual handling capacity of Chinese ports will top 6bn tonnes. Container handing ...
-
News
Klang and Incheon pool resources
Port Klang and Incheon Port have signed a Memorandum of Understanding (MoU) to improve trade, traffic and services between the two ports. Last year, Port Klang handled 22,000 teu from Incheon Port, a rise of 37.5% from 16,000 teu in 2005. Total throughput from South Korea was 142,000 teu in ...
-
NewsOOIL terminal division sale awaits official seal
Hong Kong-based Orient Overseas (International) Ltd (OOIL) deal to sell its terminal division to Canada''s Ontario Teachers'' Pension Plan for $2.35m is awaiting approval from shareholders and competition authorities.
-
News
WEST BENGAL FEASIBILITY
The tender for a feasibility study for a deep-water port in West Bengal has attracted bids from consultancy firms in the US, Europe and China. In addition to drawing up the report, the winning bidder will have to maintain an association with the project until it is fully implemented.
-
News
INDIANS FINANCE PORTS
India''s private-sector is forecast to invest $7.67bn in the domestic port industry over the next six years.The 276 potential projects will require total investment of $12.4bn, which will be state-funded where possible.
-
News
CHINESE INVEST IN INDONESIA
Two Chinese companies - China National Property Administration Council and Qili Holdings - are making substantial investments in the Indonesian province of Papua. Biak Port will benefit from the construction of a new container terminal.
-
News
HORIZON PRESENCE IN KOREA
Dubai-based Horizon Terminal Ltd recently inaugurated its joint-venture Horizon Taeyoung Korea Terminals in partnership with the Taeyoung Group, expanding the company''s terminal network in the Korean port of Ulsan. A 130,000 sq m expansion area will be created, capable of accommodating vessels of up to 30,000 dwt at a cost ...
-
News
CHINA SHIPPING SEEKS MALAYSIAN OPPORTUNITIES
China Shipping Terminal Development, part of the China Shipping Group, is rumoured to be negotiating an equity stake at the Malaysian port of Tanjung Pelepas, although this has been officially denied.The company is also in talks with Port Klang box terminal operator Westport, with the same aim in mind.
