Latest News – Page 959
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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.
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Mobile Harbour Cranes
Highly flexible Mobile Harbour Cranes can go anywhere and handle many types of cargo, but they are not without their limitations, as Alex Hughes finds out
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"No Red Tape" committee through red tape
The IMO Facilitation Committee (FAL), the body that promotes smooth transition of shipping between international ports and offshore terminals, has cleared the last hurdle to it becoming a fully fledged institution of the organisation.
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UAE buys Poti
The Georgian Port of Poti has sold a 49% stake to RAK Investment Authority of the UAE for $65m; the same company had earlier bought the other 51% for $90m.
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IFC supports Canal expansion
The International Finance Corporation, part of the World Bank, has approved a $300m loan for the Panama Canal Authority. The loan will help fund the Canal's $5.25bn expansion of canal capacity. The loan is to be repaid within the next 20 years.
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ICTSI eyes expansion
Manila-based global port operator ICTSI hopes that experience of the Asian meltdown in the late 1990s will help guide it through the current economic crisis
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Indian port commandos
Following last year''s terrorist attacks on the Indian city of Mumbai, all major ports in the country are to be guarded by their own elite marine commando units.
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Inland NZ ports agreement encouraged
An operational agreement is essential if rivals Ports of Auckland and the Port of Tauranga are to fully exploit the potential gains of their inland port offerings, said Tapper Transport director Simon Tapper.
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Rates - no handing back the yolk
Louise Ellman, UK MP for Liverpool Riverside, has again taken her fight against port rate rises, and the attempt of the UK Valuation Office Agency to push through three years of backdated bills, to Parliament.
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Gdansk tops 100,000 teu in 2008
The Polish container terminal operator DCT Gdansk passed the 100,000 teu mark ahead of expectations in mid December, helped by the arrival of Maersk Line at the port on the 1 December.
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Doha to have Dutch design
The new Doha Port in Qatar is to be designed through a partnership between WorleyParsons Qatar WLL and Royal Haskoning, which will develop the port''s master plan and full engineering design.
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Peru ports
Peru''s port authority, APN has met port operator DP World to express concerns about the latter''s plans to modernise a second terminal at Lima''s Callao port.
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Punta Colonet delay
Mexico''s mega-port of Punta Colonet looks set to among the casualties of the world financial crisis.
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Not 'running on empty' says LA
The Port of Los Angeles has rebuked negative claims in local media about its Clean Trucks Program.
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Toledo strikes Novia Scotia deal
Toledo Port Authority and Melford International Terminal have signed an agreement which will see Toledo function as an inland port receiving boxes from a projected new container terminal that Melford plans to build on the Strait of Canso in Nova Scotia.
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Major coal port for Vietnam
Vietnam''s Tan Tao (ITA) group has issued a tender for the construction of a power plant and sea port complex in Kien Giang province, some 300 kilometres from Ho Chi Minh City.
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Tasmania consolidates box trade
Tasmania''s container trade is to be largely consolidated into the ports of Bell Bay and Devonport. The State Government wants to expand Bell Bay to handle container traffic presently moving through the Burnie, which would be freed up to concentrate more on bulk trades. The proposal has been forwarded to ...
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The Insurer
By now, the best run ports and terminals in the world will know who they are. They have been courted with, and in, endearing terms by underwriters who cast longing eyes at the facilities with the most enviable records for staying free of large scale claims.
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Kalmar's 4,500th straddle carrier
Kalmar has delivered its 4,500th straddle carrier to Eurogate at Bremerhaven, Germany.
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Euromax stage two tender
Rotterdam Port Authority has invited bids for construction of phase two of its Euromax Terminal, despite the fact that phase one has yet to be completed. The work involves building 300 metres of additional quay and providing an area for 17 stacking lanes of containers.