Latest News – Page 1183
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News
Gothenburg gets help on ISPS
Hudson Trident has been appointed by the port of Gothenburg to conduct an International Ship and Port Facility Security (ISPS) Code assessment of the port authority' s facilities.
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NewsJamaica spends a billion on upgrade
The Port Authority of Jamaica has committed over $1bn to upgrade port security in Kingston and Montego Bay.
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NewsTranshipment hubs warned
Chuck Raymond, ceo of Horizon Lines, has said that container security cannot become a reality unless there is " a coordination of all parties participating in cargo movement."
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China signs CSI
China has formally joined the Container Security Initiative (CSI) to target and pre-screen containers shipped from Shanghai and Shenzhen to US ports.
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NewsCSCL
China Shipping Container Lines (CSCL) has confirmed Malta Freeport as its hub for Mediterranean transhipments. CSCL will operate a weekly pendulum service linking Asia, the Mediterranean and the North American West Coast calling Malta weekly. The service is expected to generate a throughput of 100,000 TEUs annually.
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NewsLandlocked countries get relief
The UN-hosted Conference of Landlocked and Transit Developing Countries has come up with a plan to reinforce the right of all countries to enjoy secure access to the sea. The plan incorporates policy guidelines for reducing red tape for landlocked country exports.
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Maersk diversifies across southern Spain
Maersk Sealand is negotiating with Dragados with a view to basing its enhanced North African container services at Terminales del Sudeste, which the construction company is building at the southern Spanish port of Malaga.
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P&OP volumes up
P& O Ports has announced its Q2 throughput was 26% up on Q2 2002 with 22% attributable to organic growth. Globally the company handled 2.743m TEUs in Q2 and 5,217m year-to-date up from 4.086m in the same period last year.
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Tarragona goes south
Puerto de Tarragona, which holds a concession to develop the Argentinean port of Rosario, has started work costing $2m at terminals 1 and 2.
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Tianjin to double capacity
Tianjin is to invest $2.18bn to expand its facilities to rival those of Shanghai. At present the northern port is China''s fourth largest having handled total traffic of 129m tonnes in 2002.
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NewsTeesport steels itself
PD Teesport has expanded its conventional cargoes by 24% (700,000 tons) over a recent six month period. Both its cargo handling facilities at Tees Dock and Hartlepool have seen growth which has resulted in the need to employ 50 additional stevedores.
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NewsCoal Greymouth's catalyst
Greymouth''s owners, the Grey District Council, have approved a staged approach to developing the west coast South Island, New Zealand port, with the object of matching development with customer commitments.
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Russians get go-ahead..
Preliminary construction of a new deep-sea port at Vostochny in the Kaliningrad Region has started. Located close to the town of Baltiisk, the port will be used by container lines as well as passenger and freight ferries linking Baltiisk, Ust Luga and ports in Germany.
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Piraeus IPO at last
Piraeus Port Authority (OLP) has finally gone ahead with its Initial Public Offering on the Athens Stock Exchange. 25.5% of OLP''s stock has been floated and was oversold by almost 20 times.
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ICTSI boosts revenues
Improved top line revenues resulting from continuing volume growth combined with minimal increases in operating costs have enabled ICTSI to produce consolidated gross revenues of $64m, up 38% over last year''s first half revenues.
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Aguadulce study
US consultants Moffatt & Nichol are due to complete a feasibility study for the proposed Colombian port on the Aguadulce Peninsula by the end of this year.
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Pension problems delay investment
A senior official at South Africa''s Public Enterprises Ministry, Dr Ian Phillips, conceded recently the national ports authority had had to support a huge financial burden in attempting to keep afloat the pension fund of its holding company Transnet. By 1999, Transnet was having to find US$253m simply to service ...
