Author: Importer

OCEANIA

OCEANIA

Ports of Auckland is to return to full public ownership following the US$117.5m takeover bid of Auckland Regional Holdings (ARH) surpassing 90% acceptance. As a consequence, the statutory entity of the Auckland…

1st September 2005

Auckland Ports acquired by ARH

1st September 2005

ASIA

ASIA

Shanghai Port Authority has drawn up a shortlist of companies interested in investing in its Yangshan Port development. Those selected from the original list of more than 20 companies include Hutchison Port…

1st September 2005

Shanghai selects investor short-list

1st September 2005

MIDDLE EAST

MIDDLE EAST

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…

1st September 2005

DPI CRACKS DOWN ON UNETHICAL PRACTICES AT KOCHI

1st September 2005

ASIA

ASIA

Around US$604.85m in investment will be required.Five companies have put forward bids to build four new berths at the South Korean port of Busan. These are PSA International, Hyundai Development, Daewoo Engineering…

1st September 2005

Five bid for Busan expansion

1st September 2005

ASIA

ASIA

Jawaharlal Nehru Port (JNPT) reports that it now handles more than 50% of Indias container trade. However, construction of the third container terminal and plans to build a fourth mean the JNPT…

1st September 2005

JNPT now handling 50% of Indian box traffic

1st September 2005

ASIA

ASIA

Chinas Communications Minister Zhang Chunxian has rejected suggestions that the countrys major port expansion programme will create a capacity glut. He noted that the building programme would simply meet future demand whilst…

1st September 2005

Chinese ports not over-doing capacity

1st September 2005

MIDDLE EAST

MIDDLE EAST

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…

1st September 2005

DPA TOOLS UP FOR 14,000TEU SHIPS

1st September 2005

ASIA

ASIA

A US$302m bond issued by PSA Singapore Terminals operator the PSA Corporation, is expected to raise capital expenditure for expansion plans and refinance an Augustmaturing US$500m bond.

1st September 2005

Singapore uses bond issue to grow

1st September 2005

AFRICA

AFRICA

Sri Lanka Ports Authority (SLPA) has announced a three-part strategy to redevelop South Asias largest natural harbour at Trincomalee. Available land will be divided into three distinct zones. One of these will…

1st September 2005

TRINCOMALEE IN THREE-PHASE DEVELOPMENT

1st September 2005

EUROPE

EUROPE

A scheme to clean up the UKs River Tyne has celebrated the launch of two new vessels. Local children were tasked with finding a name for the larger debris collection vessel and…

1st September 2005

Clean-up craft devours cars

1st September 2005