Latest News – Page 1113
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Isla Verde expansion goes ahead
Acciona and ACS have been awarded a ?124.3m contract to build the third-phase expansion of the port of Algeciras. This will be concentrated in the outer harbour area of the Isla Verde quay. Work will consist of building a 2.05km outer dyke which will be 412 metres wide and allow ...
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ECT SWIMS UPRIVER
Europe Container Terminals (ECT) has acquired a majority stake of 51.56% in DeCeTe Duisburger Container Terminal (DeCeTe).
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HAMBURG NEEDS NEW BOX TERMINAL
The new Mediterranean Shipping Company (MSC) terminal being developed adjacent to the port's largest container terminal facility, operated by Maritima Valenciana, is expected to commence operations in June/July 2006 and the unofficial word on the street is that Maritima Valenciana will operate this facility on behalf of MSC. Given the ...
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Kalmar's parent in the money
The new Mediterranean Shipping Company (MSC) terminal being developed adjacent to the port's largest container terminal facility, operated by Maritima Valenciana, is expected to commence operations in June/July 2006 and the unofficial word on the street is that Maritima Valenciana will operate this facility on behalf of MSC. Given the ...
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NORTON ROSE CLOSES SECOND DEAL
Gdansk will see a € 180m programme of development, after law firm Norton Rose closed its second port deal in a year with arranger DVB Bank AG. The new deepwater container terminal''s extension and operation will be overseen by a new management team chosen by the Gdansk Authority. The terminal ...
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ROTTERDAM TARIFFS TO RISE
Quay dues in Rotterdam are set to rise by 2% next year, while most port and inland shipping tariffs are to go up by 2.6%. The latter amount is to compensate for inflation (2%) and to maintain investments in public infrastructure (the remaining 0.6%). The increase for tankers carrying crude ...
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FELIXSTOWE PREPARES FOR NEW ID CARDS
The thousands of hauliers passing through Felixstowe every day are soon going to require identity cards, the first of their kind in the UK, as the port increases security at its terminals.
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Rotterdam cuts workforce
Rotterdam is investing an average of €150m per annum in the period 2002-2012.The port of Rotterdam is to reduce its workforce by between 10 and 15% over the next four years as a means of boosting its financial position vis-a-vis other European ports. In 2006-2010 annual revenue growth of 4% ...
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Ports directive confusion
Industry has once again withdrawn support for the controversial port services directive put forward by the European Union. The beleaguered proposal suffered the blow following almost ludicrous scenes in the EU Parliament.
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Barcelona bans hard copies
Barcelona: going paperlessRotterdam is investing an average of €150m per annum in the period 2002-2012.The Port Authority of Barcelona is continuing its drive to operate a paperless port. Following an agreement with the two container terminals, TCB and Tercat, trucks will not be allowed to enter either establishment unless documents ...
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Bird flu protection stepped up
With reports of suspected bird flu occurring in the Philippines, ICTSI has increased safety measures to protect its Manila International Container Terminal.
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Private plans shelved in South Africa
Concerned about transport costs, South Africa has put on hold plans to contract private companies to run Durban and Coega container terminals. The decision follows abortive talks with P& O Nedlloyd last year, in which the company - hoping to run a terminal in the newly-established Coega - clashed with ...
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TUTICORIN
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.The Confederation of Indian Industry wants to see expansion of Tuticorin fast tracked with the aim of establishing it as a ...
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Massive investment for Kandla
Kandla has announced a US$1.11bn investment programme. Initially six new cargo berths are to be built of which two will enter service in November 2007. Four of these will involve a privatesector input, using the BOT formula and will cost an estimated US$95m.
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GWADAR
DP World has shown interest in the Gwadar Port Implementation Authority, set up to launch the Chinese-built Gwadar port in Pakistan. DP World hopes to secure a container terminal operating concession in Gwadar, which has long been designated to run as a freeport and will have the deepest navigation channel ...
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Increased hub role for Colombo
Sri Lanka''s Central Bank noted recently that there had been a 15% increase in the cargo handling, storage and warehousing sub-sector in the first quarter of 2005. During this period, 609,765 TEUs had been handled by the country''s ports. For the second quarter, transhipment went up by 17.4% and now ...
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Hutch moves into Oman..
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.The government of Oman is to enter into a joint venture with Hutchison Whampoa to build a new container terminal and ...