News

NORTH AMERICA

NORTH AMERICA

The Modernisation and Revitalisation Department of Brazils Ports Secretariat has confirmed that ports in the North East of the country are going to receive major investment to fund large modernisation projects.

3rd September 2008

North east cash injection

3rd September 2008

ASIA

ASIA

Indias Karnataka state government has announced a policy of developing minor ports by using private sector participation. Build-operate-transfer contracts are to be made available to interested developers.

3rd September 2008

Karnatakas minor port focus

3rd September 2008

ASIA

ASIA

The cost of building a 1.6m teu capacity container terminal at Diamond Harbour, 40 kilometres downstream from Calcutta, has doubled to $292m.

3rd September 2008

Diamond loses its sparkle

3rd September 2008

OCEANIA

OCEANIA

Gladstone Ports Corporation is to invest A$2.4m ($2.1m) in wind barriers around its coal stockpiles in an attempt to reduce dust escaping into the surrounding community.

2nd September 2008

Gladstone deals with dust

2nd September 2008

NORTH AMERICA

NORTH AMERICA

The Peruvian government has reduced planned concession periods for port terminal operators from 60 years down to 30 years, blaming a typing error for the initial published figure.

2nd September 2008

Peru concession typo

2nd September 2008

OCEANIA

OCEANIA

DP World will spend A$250m ($219.4m) upgrading its Brisbane terminals after signing a 40-year lease agreement with the Port of Brisbane Corp.

1st September 2008

DP Wold injects cash into Brisbane concession

1st September 2008

ASIA

ASIA

Chinese port operator Chongqing Gangjiu is to acquire the port assets of its parent company for $218m. The move is aimed at strengthening its finances and improving its profitability.

1st September 2008

China port deal

1st September 2008

AFRICA

AFRICA

Port concessionaires in Nigeria believe that they should be receiving the 7% surcharge levied on imported items that the government set up to develop port infrastructure.

31st August 2008

Nigerian concessionaires demand surcharge

31st August 2008

EUROPE

EUROPE

FESCO transport group has acquired a 50% stake in Vladivostok Container Terminal, which it picked up after acquiring all of the shares of the National Container Company from the N-Trans group. The…

31st August 2008

FESCO Vladivostok deal

31st August 2008

MIDDLE EAST

MIDDLE EAST

DP World and Aden Port Corporation (ACT) have signed a joint venture agreement allowing the former to operate container handling facilities at both Aden Container Terminal and Maalla Container Terminal.

30th August 2008

DP World reaches into Aden

30th August 2008

EUROPE

EUROPE

Maersk has withdrawn its South Iberia feeder service from the port of Alicante after just three months.

29th August 2008

Maersk departure hits Alicante

29th August 2008

OCEANIA

OCEANIA

The Simpson, Spence and Young Australian Coal Port Congestion Index has dropped to 7.1 days, the lowest it has been since October 2006.

28th August 2008

Oz port congestion improves

28th August 2008

EUROPE

EUROPE

Algeciras Bay Port Authority (APBA) has approved an investment package of ¢ 59m ($87.9m) to expand existing port infrastructure, including construction of the new Adosado terminal and reinforcement of Juan Carlos I…

28th August 2008

Algeciras funds secure

28th August 2008

THE ECONOMIST

THE ECONOMIST

It used to be that recessions were linked to parachuting. Soft landings, hard landings, crash landings... The world is changing. Today there is not a day that passes without some new letter…

27th August 2008

The Alphabet Recession Scenarios and Irrational Exuberance

27th August 2008

CONTAINER & CARGO HANDLING

CONTAINER & CARGO HANDLING

Are there too many port cranes and not enough transport options? Opinion is divided as Alex Hughes finds out

27th August 2008

Maritime crane transport article

27th August 2008

CONTAINER & CARGO HANDLING

CONTAINER & CARGO HANDLING

Portek isone of very few companies offering turnkey solutions, organising the entire logistics chain in the movement of maritimehandling equipment. Specialist maritime transporting companies also dothis, although invariably feel more comfortable leaving…

27th August 2008

Nose to tail solutions

27th August 2008

CONCESSIONS & INVESTMENTS

CONCESSIONS & INVESTMENTS

Getting credit for cargo handling equipment in the current financial climate need not be too much of a problem with manufacturers offering a number of finance deals, reports Patrik Wheater

27th August 2008

Credit in the crunch

27th August 2008

OCEANIA

OCEANIA

A new two-year collective employment agreement has been reached between Port Otago and the Combined Unions.

27th August 2008

Otago dispute settled

27th August 2008

EUROPE

EUROPE

DP World (60%) and Zim (40%) have bought Tarragona container terminal operator Contarsa, which is currently handling 150,000 teu.

27th August 2008

New blood at Tarragona

27th August 2008

NORTH AMERICA

NORTH AMERICA

Users of the Costa Rican ports of Moín and Limón have called on the government to declare a state of national emergency for port operations.

27th August 2008

Emergency call in Costa Rica

27th August 2008