Latest News – Page 1080
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CCT threatens Coco Solo legal action
Management of Colon Container Terminal (CCT), an Evergreen subsidiary, is to take legal action against Panama Maritime Authority (AMP), because it believes that its rights to operate in the Atlantic coast port of Coco Solo are being infringed. According to CCT, Colon Oil and Services SA, a concessionaire in Coco ...
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COLOMBIAN PORT COMPANIES NEGOTIATE EXTENSION
The Colombian Transport Minister has revealed that an initial agreement has been made between the government and the port companies of Santa Marta, Barranquilla and Buenaventura in respect of the renewal of their management agreements.
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SANTOS TENDERS FOR VIABILITY STUDY
A tender issued by the Santos Port Authority will consider the economic viability for a proposed concession of Vopack Brasterminais Armazéns Gerais,on the so-called continental side of the port at Barnabé Island.The concession, which is currently held by a Dutch group, is due to expire within the next three years.
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TACOMA BUDGET APPROVED
The Port of Tacoma Commission has given the go-ahead to a 2007 budget of $102.5m, an increase of 12.6% over 2006. The commission also authorised port staff to issue general obligation bonds to refund debt, up to the value of $75m.
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The challenge of globalisation
There''s little debate that the changing circumstances of globalisation have, and will continue to, affect world trade. Prices for goods and services are dropping while quality is on the rise.
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Takes two to tango
Promoting competition in port activities seems a simple enough concept for government to handle,but theory does not always go into practice easily.
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KERALA PORT PLAN
The Indian state government of Kerala is planning construction of a new port at Beypore, near Kozhikode.This will be taken forward as a joint-venture between the private sector and both the state and national governments.
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BUSAN LURES CMA CGM
Korea''s Busan New Port has attracted CMA CGM to its Phase 2-3 expansion programme, subject to government approval. CMA CGM reached an agreement with Hyundai Industry Development Consortium, developer and operator of four berths of Phase 2-3 at Busan New Port, to invest in the project.The agreement follows a government ...
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SINGAPORE SOFTWARE
A new internet-based service to better predict the state of the currents at a given period, not only on the approaches to the port, but also alongside the berths themselves has proved popular in the Port of Singapore.
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Colombo identifies Cochin as major threat
Colombo Port Authority has publicly recognised the threat being posed by DP World''s new box handling facility, Vallarpadam International Transhipment Container Terminal, currently under construction at the port of Cochin. Within eight years, this will handle around 15 times as many containers as it does today.
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State bureaucracy killing Indian orders.
State-run ports in India are failing to provide private sector manufacturers with sufficient work in respect of new crane and equipment construction. A slow decision-making process and onerous terms and conditions in contracts have been blamed for the slowdown,which has led to only limited bids in response to state-issued tenders.
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Chennai Port to build wind farm
Chennai Port Trust has announced plans to build a wind farm at a cost of $16.8m. The tender is due to be issued shortly for what will be the first project of its kind undertaken by Indian ports. Chennai Port annually consumes 30m units costing $6.7m, which the governing body ...
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1,000,000th teu
International Container Terminal Services Inc''s (ICTSI) Manila container terminal celebrates hitting 1m teu for the fifth straight year, proof, it says, of the terminal''s recovering volume growth. ICTSI''s net income for the third quarter was $9.1m, up 25% over the corresponding period in 2005.
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Tianjin returns to PSA for expansion joint venture
Tianjin Port Authority has given its goahead for a third phase expansion of its container terminal at a cost of $840m. The project is being taken forward by Tianjin Port Pacific International Container Terminal, which is a joint-venture between PSA China (49%) and Tianjin Port Group (51%). It involves construction ...
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New Zealand "super port" mooted
Merger talks between various New Zealand ports and the frequently-stated desire of shipping companies to rationalise local port calls, is creating increasing interest in the idea of one "super port"for all global container trade. Establishing such a world-class facility would consequently enable larger vessels than the 4,100 teu currently seen ...
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Opposition grows to ports merger proposal
Port users are beginning to voice concerns about a mooted merger between the New Zealand''s two major container gateways - northern neighbours Port of Tauranga and Ports of Auckland.Shipping companies in particular are fearful that they will lose all bargaining rights if a monopoly is created. Vigorous debate can be ...
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PATRICKS ON A HIGH
Australian stevedore Patricks has reported that it is now achieving an average rate of 20 boxes per hour delivered to the crane with its ground-breaking automated straddle carrier system. It states it has achieved as high a rate as 30 boxes per hour delivered to the crane but this is ...
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TIMARU GUNS FOR WESTERN EXTENSION
A consent application has been lodged by PrimePort Timaru to progressively extend the western end of its North Mole container facility. Ultimately creating an overall wharf length of 650 metres, the project will also see the expansion of breakbulk and bulk handling facilities, and construction of a sheetpile wall with ...
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AUCKLAND'S AIS GOLD
An automated identification system introduced by the Ports of Auckland has enabled vessels as long as two football fields to be tracked and managed within five metres'' accuracy in the poorest of visibility. Linking VHF transmissions containing the unique identifier, name, course and speed of all vessels over 500 GRT ...
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Auckland box handling boost
Auckland Port Authority has confirmed that expansion of its new Axis Fergusson terminal would add a further 120,000 teu to its total handling capacity.