Latest News – Page 958
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NewsDP World Callao
DP World officials have unveiled the company''s $1.3bn investment plan for the Muelle Norte Terminal at Callao port in Peru''s capital Lima to the country''s authorities and port unions.
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NewsBaltimore buys space
The Port of Baltimore has snapped up 14.6 acres of adjacent land for $5.25m in an acquisition designed to relieve pressure on the port''s terminals.
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NewsManta rumours
Reports from Guayaquil, Ecuador suggesting that Hutchison Port Holdings (HPH) might be close to finding a compromise with the Ecuadorian government over its pulling of its commitment to develop the $525m Manta box facility (TIDE) have proved groundless.
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NewsResuscitation measures reach China's heart
Official figures confirm a move to invest in China''s relatively undeveloped interior has halted the sharp decline in cargo throughput at ports along the Yangtze River, bringing a January year-on-year increase of 5.7% to 80m tonnes.
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NewsSimulators: use this one, not the previous!!!
With training simulators now more affordable than ever, should ports still be risking on-the-job training? Alex Hughes investigates
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Vyborg investment
Karsten Saethre, associate director specialising in shipping, offshore and logistics at DnB NOR''s London branch, believes that relatively stable cash flow based on the high barriers to entry, and a volume depending on a wide range of different import and export types are key characteristics that continue to make port ...
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NewsSecond tier opportunities
"Second tier" ports that support local requirements and offer feeder or regional capability are particularly attractive options for investment, according to James Sutcliffe, chief executive at UK-based Port Evolution Management.
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Itanian states backs port investment
Approximately $3.3bn has been invested in Iranian ports in recent years, claims the country''s Ports and Shipping Organisation.
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New JV for Yantian
Shenzhen Yantian Port Group and Hutchison Port Holdings are to jointly build a new container terminal at the Port of Yantian. The initial phase will involve construction of 1.39m square metres of operational area linked to a 1,442 metre long quay.
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NewsWho dares invest?
With trade heading down and credit now a rarity, who will be investing in port projects this year? Felicity Landon reports
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Megamax out in Middle East
The Port of Khorfakkan Department of Seaports and Customs has ordered four tandem lift megamax container cranes from Liebherr.
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NewsZhuhai aims for Peal Delta crown
Trial operations have begun on the latest phase of developments at Zhuhai International Container Terminals (Gaolan) (ZICT) with the recent docking of the 6,350 teu APL New Jersey at one of its two new 50,000 tonne container berths.
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Newsmultidocker
The promise of greater efficiency and a better safety record is giving hydraulic material handling equipment for ports a boost in market share, according Fredrik Ö sterströ m, product manager of Swedish manufacturer Multidocker.
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Auckland breaks container record
Ports of Auckland set a new single-month''s throughput record of 59,585 containers during December - 2% higher than the previous best of 58,484 set in March 2007 and about 13% higher than the comparable December 2007 month.
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NewsFending off the problems
Fender specialist start-up, SystemFender aims to help keep fenders in one piece for longer, with solutions to extend operating life while keeping down costs - without sacrificing safety or efficiency.
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Everglades development part of "economic machine"
Construction of a new 41 acre marine terminal for containerised cargo at Port Everglades has received the go-ahead from the Broward County Board of County Commissioners.
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Paradip deadline
Paradip Port Trust has until March 31 to sign construction contracts for two new berths; one to handle coal and the other iron ore. The last date for submissions is February 12.
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Automation in Taiwan
The first automated container terminal in Taiwan is hooking up with CATOS, a software solution for bringing together yard, tandem, and gate operations.
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IADB helps out Montevideo
The Inter-American Development Bank has agreed a $40m loan for the Port of Montevideo for a period of 25 years, with matching funds of $13 million to be provided locally. This will help finance a new multi-purpose terminal and also deepen the access channel.
