Latest News – Page 1117
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Hutch wades in
HPH''s recently reported foray into St Petersburg will certainly shake things up in the region. Its impending US$150m acquisition of 50% of the port''s First Container Terminal and 37% of the Baltic Container Terminal (time for some fresh thinking on the naming of these terminals perhaps? ) at Ust-Luga 110km ...
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EU accession brings mixed fortunes
The disintegration of the Soviet Union left Russia with a dilemma: should it carry on using container terminals in what had become former colonial territories or develop existing ports within its own territory? Alex Hughes reports.
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From Engineering to Operations
Portek’s chief, Larry Lam is making inroads into terminal operations. He spoke to Dave MacIntyre.
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Strike ends as a head rolls
Marseilles strike over for time beingInvolved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. Port authority workers in Marseilles finally ended their two week strike ...
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Naples concessions..
Naples: shortsea shipping gets attentionInvolved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. Naples Port Authority has awarded three new concessions. The incumbent container-handling stevedore ...
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AMSTERDAM
Having been saved from bankruptcy in April this year, Esha Port Services oil products storage terminal has rallied to become part of one of the world''s largest terminal operators. Amsterdam Port Authority stepped in when Esha floundered, and Kaneb Terminals - now ValeroLP - took over.
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Pre-booking does the trick
Valencia is following Southampton with the introduction of a mandatory vehicle booking system.
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ANTWERP
Involved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. Antwerp Fruit Terminal has bought PSA HNN's fruit division for an undisclosed amount. The subsidiary of ...
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..and rivals join forces
Involved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. After centuries of aggressive competition, Venice and Trieste have joined forces with the signing of an ...
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. as Italian operators urge development?
Contship Italia chief, Cecilia Battistello, has told the Italian government that urgent steps must be taken to improve the country''s port infrastructure.
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DUNKIRK
Involved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. Dunkirk's North France International Container Terminal has announced that APM Terminals will be taking a minority ...
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CYPRUS
Involved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. The 30-year-ban on Cypriot access to Turkish sea and airports remains in place following Turkey's commencement ...
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TEESPORT
Involved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. The manifesto of the Association of North East Councils has announced support for the development of ...
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Ports get funding as Piraeus' fortunes fluctuate
Greece''s port facilities are to get a boost from European Investment Bank financing.
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VIETNAM
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.P&O Ports is to invest US$300m in building a new port in Vietnam's Hiep Phuoc industrial zone capable of handling 1.5m TEUs a year. Construction is scheduled to commence early next ...
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Sethusamudram channel dredge goes ahead
India is to go ahead with plans to dredge the Sethusamudram channel, known as " India''s Suez" , between a group of islands separating the mainland of India from Sri Lanka. The US$550m project will reduce transit times between the country''s west and east coast by 30 hours, although is ...
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JAVA
A new floating coal handling terminal, Kimtrans Suralaya, has opened in Western Java to serve the Indonesian Suralaya power station. The station uses 11m tons of coal each year, being the largest in Indonesia. Barges will serve the new floating terminal which will transport coal ashore by conveyor belt.