News

ASIA

ASIA

Port Klang operator Northport is to invest $29m in enhancing its operational area for conventional cargo at Southpoint.

7th November 2007

Northport ups conventional cargo operations

7th November 2007

MIDDLE EAST

MIDDLE EAST

Damietta International Port Company, made up of a consortium headed by KGL Port international of Kuwait, has obtained a loan worth $480m organised by Ahli United Bank and Arab Banking Corporation. This…

6th November 2007

Loan for Damietta

6th November 2007

EUROPE

EUROPE

Better known for its container activities,DP World has partnered with Conti Lines and Rickmers-Linie in the Port of Antwerp in a breakbulk initiative. DPWorld Breakbulk NV will operate a common user general…

5th November 2007

DP World breaks bulk barrier

5th November 2007

AFRICA

AFRICA

The planned expansion of the South African port of Richards Bay could mean that new facilities there for general cargo would be better than those available at Durban. Richards Bay has space…

5th November 2007

Richards Bay to overtake Durban?

5th November 2007

MIDDLE EAST

MIDDLE EAST

Israel Ports Development & Assets Company Ltd has put forward a $130m investment plan for 2008, which must now be approved by the government. At least 70% of the money will be…

4th November 2007

Investment continues in Israeli ports

4th November 2007

NORTH AMERICA

NORTH AMERICA

A change in the law means that Colombian coal terminals will have to undertake direct transfers to vessels rather than using barges as from 2010. 

4th November 2007

No more Colombian coal barges

4th November 2007

NORTH AMERICA

NORTH AMERICA

The only bid to operate the Chilean Port of Montt, which was entered by construction company Luis Navarro, was judged to be non-compliant and the tender has been declared void.

4th November 2007

Puerto Montt concession deserted

4th November 2007

NORTH AMERICA

NORTH AMERICA

Georgia Ports Authority has secured 175 acres of prime river-frontage land close to its Ocean Terminal, providing it with ample space to expand in the future.

3rd November 2007

Georgia guarantees space to expand

3rd November 2007

AFRICA

AFRICA

Portek International has been awarded a 25-year concession to manage the ports of Owendo and Gentil in Gabon. It will do this via its Gabon Port Management subsidiary, which will have a…

3rd November 2007

Portek takes over in Gabon

3rd November 2007

NORTH AMERICA

NORTH AMERICA

Port terminal operators in Mexico are campaigning for a reform of the national Ports Law to enable them to widen investment and growth possibilities. 

3rd November 2007

Reform needed for Ports Law in Mexico

3rd November 2007

EQUIPMENT

EQUIPMENT

The case for port authorities to analyse the cost benefits of using foam elastomer buoys is being strongly marketed by FenderCare subsidiary Hippo Marine.

2nd November 2007

Foam Elastomer Buoys from Dave Mac

2nd November 2007

EUROPE

EUROPE

Peel Ports, one of Europeslargest port operators, has appointed Stephen Baxter, the chief operatingofficer for BAA, as its new chief executive.

2nd November 2007

New Peel CEO

2nd November 2007

ASIA

ASIA

Jiangsu Lianyungang Port Company in China is to invest $2.6bn over the next three years to boost capacity.

2nd November 2007

Jiangsu in capacity boost

2nd November 2007

MIDDLE EAST

MIDDLE EAST

Since the start of its financial year on March 21, 12 private companies have signed contracts worth $181m to operate in nine Iranians ports, according to official figures.

1st November 2007

Private investment in Iranian ports

1st November 2007

NORTH AMERICA

NORTH AMERICA

Uruguay is to play host to the first Latin American containerterminals meeting in November to promote information sharing andtransparency in the region.

1st November 2007

Latin America terminal meet

1st November 2007

THE STRATEGIST

THE STRATEGIST

It is interesting to see that the Indian Government has decided to deploy a new tariff specification method for concessions offered in Indias major ports.

31st October 2007

MMs opinion piece

31st October 2007

ASIA

ASIA

Private equity firm Global InfrastructurePartners (GIP) has agreed a joint venture with Zeus Infra-management, in a dealthat includes a 74% stake in liquid storage specialist East India PetroleumLimited.

31st October 2007

Liquid gold for GIP

31st October 2007

EUROPE

EUROPE

Specialist transport insurer TT Club hascalled for mandatory International Maritime Dangerous Goods (IMDG) Codetraining for shore-side handlers.

31st October 2007

TT Club demands compulsory dangerous goods training

31st October 2007

EUROPE

EUROPE

Novorossiysk Commercial Sea Port (NCSP) hassigned debt facilities to the tune of $73m withSberbank, the Savings Bank of the Russian Federation, to finance thedevelopment of new cargo handling facilities.

31st October 2007

NCSP ties to $73m debt facility

31st October 2007

EQUIPMENT

EQUIPMENT

Two maritime software tools - Amatis, used to undertake traffic simulations, and Seaberth, used for both berth scheduling and berth simulation - are being deployed as part of a major new port…

31st October 2007

Simulation and scheduling tools a must for busy ports

31st October 2007

EUROPE

EUROPE

The British governments surprise decision to phase out Industrial Business Allowances (IBAs) by 2011 could have a significant impact on ports and cargo handlers who have invested in warehousing and storage buildings,…

31st October 2007

Ports could be hit by end of IBAs

31st October 2007

EUROPE

EUROPE

In 2008, total investment in Spanish ports will reach ¢ 19.8bn ($28.1bn), which is ¢ 3bn ($4.3bn) more than in 2007. For its part, the government will invest ¢ 2bn ($2.8bn), an…

31st October 2007

Investment up in Spanish ports

31st October 2007

NORTH AMERICA

NORTH AMERICA

Chilean businessman Leonardo Farkas, owner of the Santa Fé and Santa Barbara mining companies, has put together a company, Puerto Atacama SA, specifically to manage and operate dry bulk terminals. He has…

31st October 2007

New Chilean dry bulk company

31st October 2007