Latest News – Page 925
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Bolloré wins Cotonou bid
Bolloré Africa Logistics has won a 25-year concession for the container terminal at the port of Cotonou (Benin). The operator aims to increase container traffic in Cotonou from the current 312,000 teu in 2008 to 1m teu by 2030.
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New Murmansk relief port
A new port is to be developed on the Kola peninsular in the Murmansk region of Russia by 2010. This is needed because the existing Murmansk port is operating beyond its engineered capacity.
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Hard times predicted for box market
2009 is to be the most challenging year ever, says Drewry Shipping Consultants in its annual review of container terminal operations.
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Waking up to exit tariffs
With PPPs gaining favour in the US, an unsaid implication reveals much about the tentative state of the infrastructure market.
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Labour rates must improve at Valencia
Terminal operators in the port of Valencia are warning that recent high levels of transhipment traffic, which now account for 50% of total box traffic in the port, could be under threat if labour costs are not reduced in the next few months.
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Veracruz cuts tariffs to attract traffic
Veracruz Port Authority has offered a 15% cut in tariffs for container traffic as a reflection of prevailing economic conditions, available until December 31, 2009.
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Land planning law a boon to Australian ports
Australian ports have urged state and federal governments to streamline planning laws governing port land.
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First half operating loss for HITT
As a result of restructuring costs and delays in planned orders, HITT traffic management and navigation systems company expects figures to confirm an operational loss of around ¢ 1m ($1.3m) for the first half of 2009. However, HITT''s management is more optimistic with regard to the second half of the ...
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TIN gets integrated
Terminal Intermodale Nola (TIN) in Italy has recently gone ''live'' with a new integrated computer system supplied by Esoware.
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Podcast plug
Port Strategy opinion content is now available to download as audio files, read by Sony Award-winning journalist Katie Breathwick. Listeners can also subscribe via an RSS feed and through iTunes, which will automatically update podcasts to MP3 players as soon as they are published. ShippingPodcasts.com is provided by Coracle Online ...
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Southampton crane incident
Following July''s crane incident at DP World Southampton which happened when the boom of a crane collapsed, trapping and seriously injuring the crane driver, Jay Squibb, the company says that Mr Squibb is "making positive steps toward recovery".
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Barry Parker PPP Overview 1400 plus US Infra 700
Barry Parker attempts to clear the financial fog shrouding port investment
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Oz News Snippets from Dave Mac
DP World has followed the signing of an agreement to remain at Sydney''s Port Botany for another 15 years by committing to a programme of new investment.
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Otago port restructure rejected
A Port Otago restructuring proposal has been strongly rejected by the Maritime Union of New Zealand (MUNZ) and the Rail and Maritime Transport Union. MUNZ national president Phil Adams says the proposal would reduce conditions of employment and health and safety or lead to redundancies. An existing agreement expires in ...
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Forklift sales indicate rising economies
The forklift truck industry was one of the earliest sectors to feel the effects of the economic downturn but could be one of the first to emerge from the recession, says John Maguire of Narrow Aisle.
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Stevedores take pay cut at Las Palmas
Dockworkers at the port of Las Palmas have agreed to take a 20% reduction in salary in return for an agreement that will ensure no redundancies are made. This will last for up to five years. 170 workers were due to be shed given a reduction in traffic this year.
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HHLA cuts workers' hours
HHLA has followed the lead of other major European stevedoring companies in reducing working hours, affecting 2,000 employees. The decision is the direct result of the deteriorating economic environment. Both Eurogate and automotive terminal operator BLG had previously implemented similar reductions.
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Nine eye second Manzanillo box terminal
Nine consortia have registered to participate in the tender for the 20-year concession for the second container terminal at the port of Manzanillo in Mexico.
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Wuhan building major port complex
The Chinese city of Wuhan is investing $3.4bn in building a major port complex. There are two main projects being developed across two phases. One of them will be a bulk terminal capable of handling 800,000 tonnes and the second a four-berth container terminal with 1m teu capacity. Partial opening ...