Latest News – Page 840
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News
Essar demerging ports business
India''s Essar Shipping, Ports and Logistics Ltd is de-merging its ports and shipping businesses, creating two independent companies. However, over the next three years, it intends to invest $730m to double its cargo capacity.
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DP World rejects debt crisis
DP World has denied that it is in talks to restructure the company and seek new terms for its debt. Rumours arose following its decision to sell off its equity stake in Australian ports. However, the company says this was simply to allow it to concentrate on faster growing markets.
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Don't write off offsetting tactics
The Abatement Cost Curve is playing its part in the trend of diminishing returns from cutting emissions, says Jem Porcaro of CarbonNeutral, and ports are no exception.
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NewsAutomatic shore power beats the cold
Oslo port terminal and the ‘Color Magic’ ro-pax are to be equipped with a compact, automatically linked shore-power system, which means less exposure for port personnel to the often harsh conditions on the quay.
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NewsUnited Arab Emirates shipping industry committed to reducing sea freight emissions
The United Arab Emirates Shipping Association (UAESA) is taking a lead position regionally and globally regarding the shipping industry’s response to climate change.
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APMT to stump up $992m for Limon
Paul Gallie, APM Terminals'' director of Central and South American investments has costed the proposed new container terminal in Costa Rica''s Limón province at around $992m. The reference price in the tender was $950m, but only APM Terminals bid for the project.
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Indian ports to have freedom to set tariffs
India''s Shipping Ministry believes that major ports should be able to implement market pricing, instead of leaving this to the port regulator, the Tariff Authority of Major Ports (Tamp).
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NZ urged to follow Australia master plan lead
Transport Minister Steven Joyce is being implored to take heed of the inaugural Australian Ports Master Plan by both the New Zealand Shippers'' Council and coastal operator Pacifica Shipping.
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NewsSpreaders to keep costs down in Santos
A recently developed spreader with load-sensing technology has found a place in the newly developing Latin American market.
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NewsMalawian fuel shortages due to Mozambican port congestion?
It seems that the bickering between Mozambique and Malawi isn’t over yet since Malawi’s President Bingu wa Mutharika blamed congested Mozambique ports for fuel shortages in the landlocked country.
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NewsFalse impressions
Martin Rushmere discovers that while the road to carbon savings starts out smooth, potholes threaten progress down the way
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NewsEnnore to go public
Ennore Port Ltd (EPL) has gained approval from its board for a public floatation, seeking funds of approximately $110m in return for 10% of its equity.
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Suape’s triple tender whammy
The North Eastern Brazilian port of Suape has issued tenders for three new terminals. Currently, Suape has five operational quays, with four more under construction. In all, investment will amount to $1.55bn over the next four years.
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GT closes for want of traffic
For the first time since it opened in September 1995, the Italian transhipment hub of Gioia Tauro was forced to close for 30 hours in January because of lack of traffic.
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Columbia terminal plumps for APS system
The $250m Terminal de Contenedores de Buenaventura (TCBuen) development in Colombia is to invest in partially automated systems.
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Cargotec to acquire Navis
Cargotec has entered into an agreement to acquire terminal operator systems (TOS) provider Navis from Zebra Technologies. The transaction value is approximately $190M. Navis will continue its business with its customers as an independent part of Cargotec irrespective of equipment supplier.
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NewsIAPH ups targets for green initiatives
The International Association of Ports and Harbors is to increase its targets for the uptake of “green” projects under the World Ports Climate Initiative.
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Historic year for Uruguayan port traffic
Alberto Diaz, president of the National Ports Authority of Uruguay, has forecast that 2011 will be a record year for container throughput, beating the previous historic high registered in 2008. Last year, throughput rose 12%, with the last quarter setting new records.
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NewsEgyptian terminals dealing with backlog
Against an unpredictable political situation, Egyptian ports and terminals were still on their feet and working to clear congestion in February – although this could change with little notice.
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DP World quits Mina Zayed
DP World has ceded management of Mina Zayed to Abu Dhabi Terminals. It had previously enjoyed a five-new management contract at the site. ADT is a joint-venture between Abu Dhabi Ports Company (75%) and Mubadala Infrastructure Partners (25%). However, DP World will continue in the joint-venture it currently enjoys at ...
