Author: Importer

MIDDLE EAST

MIDDLE EAST

Vopak-Horizon Fujairah Limited, (VHFL), a joint venture between Hollands VOPAK and Horizon Terminals Limited (HTL), a wholly-owned subsidiary of Emirates National Oil Company (ENOC), has struck a joint venture with Egypts Sokhna…

1st May 2004

Sokhna development on track

1st May 2004

MIDDLE EAST

MIDDLE EAST

The Al Amaya oil terminal in southern Iraq, which was effectively destroyed during the war with Iran, is currently exporting 400,000 barrels a day from two reopened berths.

1st May 2004

Iraq cranks up oil exports

1st May 2004

NORTH AMERICA

NORTH AMERICA

Iquique Terminal International (ITI), which began a 20-year management concession of the northern Chilean port in 2000, boosted net profit by 109% in 2003 to $1.28m.

1st May 2004

Iquique Terminal in expansion mode

1st May 2004

ASIA

ASIA 1st May 2004

Pakistan needs container rate policy

1st May 2004

ASIA

ASIA

The US$46m container terminal project at the Indian port of Kandla, currently the object of a third BOT concession attempt, has attracted interest from just five local companies.

1st May 2004

Kandla box terminal project losing steam

1st May 2004

ASIA

ASIA

Yantian International Container Terminals (YICT) has signed a $423m 5-year term loan facility with a consortium of banks. According to the Facility, the consortium which includes Bank of China, Industrial and Commercial…

1st May 2004

YICT loan facility finalised

1st May 2004

NORTH AMERICA

NORTH AMERICA

The International Finance Corporation (IFC), the private sector arm of the World Bank, will provide a $15m loan to San Vicente Terminal Internacional (SVTI) which operates Chiles SanVicente port, specialising in forest…

1st May 2004

San Vicente gets IFC loan

1st May 2004

MIDDLE EAST

MIDDLE EAST

US authorities in Iraq have issued a new tender for the management and development of five ports; an earlier tender had to be withdrawn since it proved to be insufficiently comprehensive to…

1st May 2004

Iraqi five-port tender delayed

1st May 2004

NORTH AMERICA

NORTH AMERICA

SVTI was awarded a 15-year concession in 1999 to rehabilitate, expand and operate the port. SVTI is a 50/50 joint venture between Carrix, Inc. and Sudamericana Agencias Aereas y Maritimas S.A.Jose Luis…

1st May 2004

Callao needs investment now

1st May 2004

NORTH AMERICA

NORTH AMERICA

Bunge Alimentos of Brazil has brought in a new mechanical ship unloader at the port of Recife to speed up the discharge of wheat from Argentinean bulk carriers.

1st May 2004

New ship unloader at Recife

1st May 2004