News

ASIA

ASIA

Shanghais Yingkou Port Liability company is to issue $175m in corporate bonds with a maturity of 10 years, although this will depend on market conditions. The money will not be used to…

28th January 2009

Yingkou bond issue

28th January 2009

EUROPE

EUROPE

On the back of the $3.4bn contract signed by Cosco to manage the Port of Piraeus for 35 years, the president of China has promised to increase his countrys maritime investment in…

28th January 2009

Chinese to invest in Greek ports

28th January 2009

MIDDLE EAST

MIDDLE EAST

One of the largest global terminal operators, DP World, has just confirmed that although it increased throughput by 8% over 2007, it is preparing to cut costs and minimise cash outflow.

28th January 2009

DP World set to cut costs

28th January 2009

NORTH AMERICA

NORTH AMERICA

Despite trying to deal with the continuing problems caused by tragicflooding in the port of Itajai and its environs - which killed morethan 130 in the Brazilian state of Santa Catarina -…

28th January 2009

Itajai follow-up

28th January 2009

EQUIPMENT

EQUIPMENT

International Container Terminal Services Incs new Subic Bay container terminal has boosted its gate efficiency through new software.

28th January 2009

Software boosts Subic Bay

28th January 2009

AFRICA

AFRICA

Nigerian Ports Authority and the Lagos state government have given promoters of the Lagos Free-trade Zone approval to build a private the seaport at Lekki, 60 kilometres from Lagos.

27th January 2009

Lekki wins Nigerian hub hearts

27th January 2009

MIDDLE EAST

MIDDLE EAST

DP is starting work on the biggest development within the Port of London for more than 100 years. The 1,500 acre London Gateway will combine a fully automated deepwater container terminal and…

27th January 2009

London Gateway under way

27th January 2009

NORTH AMERICA

NORTH AMERICA

Despite being announced four years ago, the project to build the Panamanian port of Farfán has yet to make progress.

27th January 2009

Cosco still interested in Farfán

27th January 2009

EQUIPMENT

EQUIPMENT

Multinational engineering company, Linde, has opened a second 900 m² heavy truck assembly facility at its UK Merthyr Tydfil plant as part of a £ 16.5m investment program in new products and…

27th January 2009

Port equipment manufacturer expands

27th January 2009

MIDDLE EAST

MIDDLE EAST

Expansions into Yemen and Algeria in recent months have taken DPWorlds network to a total of 48 terminals in 27 countries. FelicityLandon finds out about the latest moves

26th January 2009

DP upbeat on Aden

26th January 2009

NORTH AMERICA

NORTH AMERICA

Trade union leaders in Costa Rica continue to oppose Limón-Moíns privatisation plans claiming that it would not be in the interest of workers because the port complex is currently profitable.

22nd January 2009

Costa Rican unions oppose ports privatisation

22nd January 2009

OCEANIA

OCEANIA

Patrick Stevedores has ordered another set of fully automated straddle carriers, bringing the total at the Fisherman Islands terminal in Brisbane to 27 - all of which are being looked after on…

21st January 2009

Aussy operation extends automated fleet

21st January 2009

OCEANIA

OCEANIA

Following a series of criticisms of the stevedoring industry, Australias Patrick Terminals claims that it now considers landside operations equally important to its oceanside obligations.

21st January 2009

Patrick raises landside game

21st January 2009

NORTH AMERICA

NORTH AMERICA

Mobile Container Terminal, a joint venture between APM Terminals and the Terminal Link subsidiary of the CMA CGM group, has started operations at the US port of Mobile. Its current capacity of…

20th January 2009

Mobile box terminal opens

20th January 2009

MIDDLE EAST

MIDDLE EAST

DP World says that the economic downturn will not have any impact on completion of the new international transhipment terminal at Kochi in India.

19th January 2009

DP World unfazed by economic downturn

19th January 2009

THE ECONOMIST

THE ECONOMIST

It is not often that we can clearly identify distinct changes in economic realities but we can safely say that September 2008 was just such a critical time point.

16th January 2009

Economic Reality

16th January 2009

EUROPE

EUROPE

Mutual insurer TT Club has retained the vast majority of its prime ports and terminals portfolio, following hard fought start-of-the-year renewal negotiations.

16th January 2009

TT Club confident after renewals battle

16th January 2009

EUROPE

EUROPE

The latest report from Drewry Shipping Consultants points out what some may feel is the obvious - that 2009 will be the toughest test yet for the container industry and there is…

16th January 2009

Drewry paints bleak picture

16th January 2009

EUROPE

EUROPE

After 30 months of negotiation, trade unions at the Port of Algeciras have finally agreed to a new collective bargaining agreement.

16th January 2009

Algeciras unions strike deal with Maersk

16th January 2009

EQUIPMENT

EQUIPMENT

Logistics company Import Services has found a niche for storage combined with high volume retail pick and pack, close to Southampton container port.

16th January 2009

Logistics winner for Southampton

16th January 2009

EUROPE

EUROPE

London Thamesport has introduced an e-mail alert system to update hauliers and port users on operational conditions.

15th January 2009

Email alerts from Thamesport

15th January 2009

EUROPE

EUROPE

The European Union has approved $765m of public funding for the $1.2bn new deepwater port of Wilhelmshaven in Germany. The money will come from the federal states of Bremen and Lower Saxony.…

15th January 2009

Public funding for JadeWeser approved

15th January 2009

NORTH AMERICA

NORTH AMERICA

Brazils Special Secretariat of Ports (SEP) has published a tender in respect of the deepening of the access channel at the Port of Rio Grande. Investment will be $84m, of which $63m…

14th January 2009

Rio Grande to deepen access channel

14th January 2009