Latest News – Page 787
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GCC commits $15bn to ports
Ports in the Middle East Gulf are set to spend $15bn over the next five years in boosting capacity.
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NewsEco-innovation in the Channel
The Port of Calais will be holding a networking event on eco-innovation next month bringing together all PATCH (Ports adapting to Change) ports dedicated to working towards good environmental practices.
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NewsPortugal to invest in ports development
Portugal’s government has set aside €103 million for port development in the Algarve in 2012, however this is at the expense of several other key projects in the region.
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Antofagasta sues government to recover land
Antofagasta Port Company (EPA) is locked in a legal battle with the state prosecutor in respect of ownership of part of its land along the Costanera Central.
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GCC supports Kuwait’s Mubarak project
The Gulf Cooperation Council has spoken out in support of Kuwait in its development of Mubarak port, which it is taking forward despite objections from neighbouring Iraq.
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Chennai rejects Mundra box terminal bid
Chennai Port Trust has rejected the $698m bid by Mundra Port and Economic Zone to develop a new container terminal at the port of Chennai, claiming that the 5% revenue share being offered is too low.
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No to Ukraine privatisation
The president of Ukraine, Viktor Yanukovych, has blocked legislation that would have led to wholescale privatisation of the country''s ports.
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Konecranes makes redundancies in Europe
Konecranes has made 125 of its European workforce redundant as part of a cost reduction programme to save €7m ($9.1m) per annum.
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Impact of Europe’s transparency legislation unclear
The European Commission has put forward a directive to modernise public contracts, with an aim of improving transparency and ensure a level playing field.
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Indian terminal operators seek to revamp TAMP
Delhi High Court has received a petition from the Indian Private Ports and Terminals Association, challenging the right of the Tariff Authority for Major Ports to determine tariffs at private cargo terminals situated in state-owned ports.
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Spanish ports increasingly unprofitable
Liabilities of Spanish ports are expected to total €4.5bn ($5.9bn) in 2012, up from the €4.1bn reached in 2011.
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NewsUst-Luga opening sets development agenda
The call of its first container ship on December 29 marked the opening of the new NCC Ust-Luga Container Terminal (ULCT) in Russia, with weekly Unifeeder calls already in the bag.
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NewsStrikes leave Auckland licking its wounds
Ports of Auckland has confirmed that it has lost more trade as a consequence of ongoing strikes, with New Zealand’s largest exporter, Fonterra following Maersk''s lead of shifting services.
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NewsTranshipment builds for Kiwi ports
Even in smaller countries such as New Zealand, transhipment is changing the business cases for main ports.
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NewsUS concern over Panama Canal expansion
Business, labour and public officials fear expansion of the Panama Canal could cut cargo business by a quarter at the twin Los Angeles-Long Beach ports, which currently handle 40% of the nation''s imported Asian cargo.
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NewsNew Danish green feeder ship concept
Danish Naval Design and Marine Consultancy Knud E Hansen has developed a design for a fuel efficient 2,000 teu container feeder vessel in cooperation with ABB.
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NewsAPM wins Lázaro Cárdenas concession
APM Terminals has won a deepwater container terminal bid at Mexico''s Port of Lázaro Cárdenas, snaring a project that includes a 32-year design, build and operate concession of a greenfield site.
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NewsWestern malaise only mildly infectious
The West consumes, the East produces, the population split is 1 billion vs 6 billion, and yet it seems strange that when the former catches a cold we expect the latter to sicken as well. The reality is quite different.
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NewsCooling off
Chasing the transhipment rainbow may be a fool''s errand, as Dave and Iain MacIntyre explain
