News

MIDDLE EAST

MIDDLE EAST

Port Said on the Suez Canal could receive investment of $5.42bn to expand existing facilities. By 2015, the Port will be handling more than 50m containers.

18th December 2008

Port Said to undertake serious development

18th December 2008

THE ECONOMIST

THE ECONOMIST

Who would have guessed in mid 2007 that carriers would be laying upships, ship owners agreeing to charter rates that are as good as rockbottom and container freight rates at peppercorn levels?…

17th December 2008

Lessons From The Recession

17th December 2008

EUROPE

EUROPE

Plummeting freight rates from the Far East into Northern Europe have put the spotlight on the costs of inland haulage and encouraged shippers to consider new routes, according to Martyn Pellew, PD…

17th December 2008

PD news story

17th December 2008

NORTH AMERICA

NORTH AMERICA

Only a month after announcing construction contracts of around $383.7m which would create thousands of jobs in the region, the Port of Los Angeles has decided to pull back current spending by…

17th December 2008

Los Angeles reigns in

17th December 2008

NORTH AMERICA

NORTH AMERICA

The leader of the SUPA trade union at Argentinas Port of Mar del Plata has claimed that labour activities at the port are in chaos.

17th December 2008

Mar del Plata in chaos

17th December 2008

EQUIPMENT

EQUIPMENT

A new Tractor Pooling feature which reduces the time tractors hang around a vessel while waiting for the one in front to finish, has been released by Tideworks as part of its…

17th December 2008

Tractor pooling for better utilisation

17th December 2008

EQUIPMENT

EQUIPMENT

A new waterproof, rugged mobile phone has been developed for people who work in the maritime industries.

17th December 2008

Maritime phone for port operatives

17th December 2008

ASIA

ASIA

Tuticorin Port Trust has shortlisted five companies for its second container terminal. These are: PSA-Sical (which operates the existing terminal), Oceanic Transport, Chettinad Logistics, Afcons Infrastructure and Larsen & Toubro. Investment of…

16th December 2008

Five in the frame for Tuticorin

16th December 2008

OCEANIA

OCEANIA

Lyttelton Port of Christchurch has returned a comparable 7.3% rise in net after-tax profit to NZ$10.3m (US$5.7m) and 9.2% increase in revenue to NZ$83.4m (US$45.9m) for the 2007-2008 financial year. 

16th December 2008

Good return for Lyttelton

16th December 2008

EUROPE

EUROPE

By 2011, the private sector will have invested ¢ 330m ($416.8m) in the Port of Bilbao. Of that, ¢ 222m ($280.4m) will be for four bio-diesel plants and one manufacturing ethanol.

16th December 2008

Private sector ups investment in Bilbao

16th December 2008

EQUIPMENT

EQUIPMENT

A method for detecting nuclear shielding in hidden containers without interrupting the flow through the port has come about through the teaming up of two specialists in the field.

16th December 2008

Reading the nuclear footprint

16th December 2008

ASIA

ASIA

Yangkou Port has opened for business in China on a man-made Island in the Yellow Sea, which is linked to the mainland by a 30 kilometre causeway.

15th December 2008

Yangtze hub port opens

15th December 2008

EUROPE

EUROPE

Mota-Engil has been readmitted to the Silopor port privatisation process following a judicial intervention, which decided that the decision to exclude it from bidding was excessive. The 25-year concession includes the silos…

15th December 2008

Mota-Engil back in Silopor race

15th December 2008

EQUIPMENT

EQUIPMENT

Yilport Container Terminal in Turkey is investing in a crane training simulator.

15th December 2008

Simulator training for Turkish terminal

15th December 2008

ASIA

ASIA

Work has begun on building two deep water ports in Vietnam costing a combined $695m.

14th December 2008

Major port development under way in Vietnam

14th December 2008

EUROPE

EUROPE

Construction work has begun on Kiels new Schwedenkai Terminal, after renovation of the old terminal building was deemed uneconomical.

14th December 2008

Landmark for Kiel

14th December 2008

AFRICA

AFRICA

Kenya is to invest $4.4bn in road and port development projects by 2012. Bonds will be issued to raise the necessary money to further develop Mombasa and build a second port at…

13th December 2008

Kenyan bonds to fund port investment

13th December 2008

ASIA

ASIA

Figures released for October showed that volumes handled by Chinese major ports were up 6% year on year, 2.1% lower than the rate in September. 

13th December 2008

Chinese box growth continues to slow

13th December 2008

OCEANIA

OCEANIA

An A$105m (US$68m) contract to build the port of Newcastles third coal terminal has been awarded to the Thiess company. The contract involves building a terminal of 33m tonnes per year capacity,…

13th December 2008

Newcastle contract awarded

13th December 2008

OCEANIA

OCEANIA

Cosco Group global chairperson and chief executive Captain Wei Jiafu has signalled his organisation may be weighing up investment in the Australasian port sector. 

13th December 2008

Cosco moots Australasian port investment

13th December 2008

NORTH AMERICA

NORTH AMERICA

Los Angeles Port Authority is considering coughing up $10 per teu for all new traffic that switches to the port to help offset a 5% volume decrease over the first three quarters.

13th December 2008

Los Angeles offers traffic incentives

13th December 2008

EUROPE

EUROPE

Which ports come out on top in the competition to attract and build shortsea business? Generally speaking, the winning ports are those which recognise the business potential of shortsea and then take…

12th December 2008

The winners

12th December 2008

OCEANIA

OCEANIA

Port Otago and Lyttelton Port of Christchurch have signed a memorandum of understanding to explore a merger of their respective port operations.

12th December 2008

South Island ports talk merger

12th December 2008