Middle East – Page 30
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NewsDPW still confident
DP World believes its bid for P& O will succeed, despite the intervention of Singapore''s PSA in the takeover contest.
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Hutch moves into Oman..
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.The government of Oman is to enter into a joint venture with Hutchison Whampoa to build a new container terminal and ...
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ALEXANDRIA UPGRADE
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Egypt's Transport Minister, Sharaf Eddin, visiting Alexandria, said ongoing work aimed at upgrading the infrastructure would allow the facility to become ...
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..and joint ventures in Saudi
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Saudi Ports Authority has made it known that terminal operator International Ports Services, a joint venture between Hutchison Port Holdings and ...
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AL JAZEERA
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Al Jazeera Port, in Ras Al Khaimah, is undergoing a US$2.72m expansion which will include provision of a container terminal capable of accommodating feeder lines. The terminal, which will open within ...
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EGYPT
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Egypt's Transport Minister has emphasised that all port assets will remain in state hands, although operations and services could be privatised but supervised by the state.
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NewsSalalah to add two berths
Salalah: more berths, more cranesIssued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.Salalah is to add two further berths at ...
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News..whilst JA gets an injection of new equipment
Jebel Ali Port has begun the commissioning of the world''s largest quayside gantry cranes.
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NewsKuwait appoints Drewry
The Kuwait Fund for Arab Economic Development has retained Kuwait Consulting & Investment Co. (KCIC) and Drewry Shipping Consultants to analyse the prospects for a new US$1.2bn port at Bouyban Island.
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..'but older facilities not forgotten either..
Neither Port Rashid nor Hamriya Port are to close to enable commercial development of what are Dubai''s oldest harbours to go ahead, even though extensive property development is taking place around them.
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DPA to up capacity to 55m TEU by 2030?
Dubai Port Authority (DPA) will have the capability of handling 55m TEUs by 2030.
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MINA ZAYED
Much of this will come from the opening of the initial phase of the new Jebel Ali Terminal 2 which will add 5m TEU capacity in July 2007. This will be a deep draught facility with gantry cranes capable of handling fifth and sixth generation container vessels.Dubai Port Authority (DPA) ...
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NewsThomas E. Falknor 24 March 1944 - 10 August 2005
Ask Thomas ''To m '' Falknor a serious question and in all probability you would receive a playful answer. Humour was one of his strong points as was his humanity, ability to command respect and astute business brain which he deployed to such good effect in the international world of ...
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DPI CRACKS DOWN ON UNETHICAL PRACTICES AT KOCHI
The Indian subsidiary of DPI, India Gateway Terminal, which is operating the container terminal at Kochi port, is taking legal action against alleged unethical practices which include bribery. A worker accused of accepting bribes from a clearing agent has already been suspended.
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DPA TOOLS UP FOR 14,000TEU SHIPS
Nevertheless in the meantime, infrastructure bottlenecks are creating major congestion.Dubai Ports Authority's (DPA) executive director of operations, Mohammad Majid Bin Theniyah, noted recently that the addition of new berths at Jebel Ali Port would allow Dubai to accommodate ships of 14,000 TEU capacity and beyond. This was prompted by the ...
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NewsAussies eye Israel's Eilat
Representatives of an Australian shipping company have visited Israel with a view to purchasing Eilat Port. The group is also reportedly interested in investing in the proposed rail link between Eilat and Ashdod which could provide an alternative to the Suez Canal. Also interested in acquiringAlso in the bidding for ...
