News

AFRICA

AFRICA

The Nigerian federal government has received $51m from concessionaires at the port of Onne since 2006. This breaks down as follows: $10.3m (commencement fees), $13.73m (lease fees), $12.31m (throughput fees) and $15.28m…

8th September 2009

Onne a major money spinner for Nigeria

8th September 2009

EUROPE

EUROPE

2008 was the busiest year in the history of Britains sixth largest port. Milford Haven Port Authority increased revenue for the third year running, according to its recently released annual report and…

8th September 2009

UK port passes milestones

8th September 2009

EUROPE

EUROPE

Despite the claims of the Italian authorities that the new MOSE high-water defences will take care of flooding, a new report from a conservation group says that Venice is under more threat…

8th September 2009

Sink or swim for Venice, according to report

8th September 2009

NORTH AMERICA

NORTH AMERICA

The Chilean region centred around the Bí o Bí o River does not require a new commercial port, according to Juan Manuel Gutié rrez, the managing director of Puerto Lirqué n.

8th September 2009

New Chilean capacity not needed in the south

8th September 2009

CONTAINER & CARGO HANDLING

CONTAINER & CARGO HANDLING

Felicity Landon reports on Saudi Arabias first privately developed container terminal

7th September 2009

Looking for the luxury market

7th September 2009

CONTAINER & CARGO HANDLING

CONTAINER & CARGO HANDLING 7th September 2009

Logistics zone

7th September 2009

OCEANIA

OCEANIA

The Australian port of Newcastle has confirmed its place as the top coal port in the world, exporting more than 90m tonnes of coal in 2008/09. The value of the exports rose…

7th September 2009

Newcastle coal king

7th September 2009

EUROPE

EUROPE

The Port of Algeciras Bay has started to return positive growth figures once more.

7th September 2009

Algeciras Bay on the rise again

7th September 2009

EUROPE

EUROPE

Russias National Container Company is considering delaying operations at its new container terminal at the Baltic port of Ust-Luga because of the current state of the market.

6th September 2009

NCC to delay Ust-Luga box terminal operations

6th September 2009

NORTH AMERICA

NORTH AMERICA

Santa Sofia Puertos, part of the Romero Group, intends to invest $270m in building a new port at Ancó n in Peru. Work is scheduled to commence in the second half of…

6th September 2009

New Peruvian port at Ancón

6th September 2009

ASIA

ASIA

Developer Lanco Kondapally Power Limited has withdrawn from the project to build the proposed Vizhinjam container terminal.

5th September 2009

Legal problems stall Vizhihjam box terminal project

5th September 2009

TERMINAL OPERATIONS

TERMINAL OPERATIONS

Security specialist Rapiscan Systems says it believes that the 100% scanning requirement will be implemented - but there are still questions regarding exactly how different ports will be required to comply with…

4th September 2009

Rapiscan

4th September 2009

OCEANIA

OCEANIA

Ports of Auckland managing director Jens Madsen believes there is a special opportunity for Auckland to develop a world-class waterfront that balances both public and port interests.

4th September 2009

NZ snippets Aug-Sep

4th September 2009

EQUIPMENT

EQUIPMENT

With the support of Transnet Port Terminals (TPT), a local South African manufacturer has designed a trailer that will make it safer and easier to move containers from ship to shore.

4th September 2009

A local change for efficiency

4th September 2009

NORTH AMERICA

NORTH AMERICA

The government in Ecuador is considering two alternatives to receive compensation from Hutchison Port Holdings after it cancelled its agreement to build an international hub at the port of Manta. It could…

4th September 2009

Ecuador studies HPH Manta severance compensation

4th September 2009

TERMINAL OPERATIONS

TERMINAL OPERATIONS

Felicity Landon reports on the drive to find the best container scanning solutions

3rd September 2009

Port protection

3rd September 2009

VIEWPOINT

VIEWPOINT

The news that France and Germany are officially out ofrecession should be music to the ears of box terminal operators. A growth ingross domestic product - albeit a subdued 0.3% one -…

3rd September 2009

A fine mess

3rd September 2009

EUROPE

EUROPE

The Port of Kiel handled 2.36m tonnes of cargo in the first half of this year, 5% less than in the same period of 2008. Above-average decline was recorded in the breakbulk…

3rd September 2009

Kiels breakbulk slowing its slide

3rd September 2009

MIDDLE EAST

MIDDLE EAST

Iraqs Transport Ministry has revealed that Iraqi Ports Company has signed a $12.6m contract with local company to expand Umm-Qasr port near Basra. Work will be completed within 210 days.

3rd September 2009

Iraq improves Umm-Qasr

3rd September 2009

CONCESSIONS & INVESTMENTS

CONCESSIONS & INVESTMENTS

Worldwide, the role of government is increasing. In the US, discussions of infrastructure funding are dominated by conversations about the American Recovery and Reinvestment Act (ARRA, or The Stimulus Bill) of 2009.

2nd September 2009

Government funding now the norm

2nd September 2009

AFRICA

AFRICA

Up to $1.22bn of foreign investment is expected to be made in the various development projects put forward by Port Qasim Authority covering the next five years.

2nd September 2009

Port Qasim taking major private investment

2nd September 2009

POST SCRIPT

POST SCRIPT

The ports sector has over the past few years been the scene of some significant innovation regarding the deployment of finance for acquisitions, capital expenditure and even debt finance.

2nd September 2009

Money matters

2nd September 2009

ASIA

ASIA

Philippines Port Authority (PPA) is to receive a loan of ¢ 170m ($239m) from the French government by the end of August. This will help fund six new port projects. Originally, finance…

2nd September 2009

PPA expanding with French cash

2nd September 2009