News

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

CONTAINER & CARGO HANDLING

CONTAINER & CARGO HANDLING

Just as all hope seemed lost, Sydney’’s incumbent operators find they may yet be invited to the Botany concession hoedown.

31st October 2007

Sydney Third Terminal Operator

31st October 2007

OCEANIA

OCEANIA

Low-level merger discussions are understood to have commenced betweenLyttelton Port of Christchurch and Port Otago. 

30th October 2007

Southern NZ merger talks

30th October 2007

EQUIPMENT

EQUIPMENT

Maher Terminals Port Elizabeth facility is now the proud owner of two Rubb structures for equipment and vehicle repair.

30th October 2007

Maher gets the Rubb

30th October 2007

EUROPE

EUROPE

Barcelona Port Authority has approved construction of a bio-diesel plant on its Inflammable Quay. In the meantime, it has received five bids to undertake repair work on Prat Quay, most of which…

30th October 2007

…and for Barcelona

30th October 2007

AFRICA

AFRICA

DP World is to invest ¢ 500m ($710.7m) in port facilities in Senegal, which is 25% more than originally agreed with the government. 

29th October 2007

DP World up Senegal investment

29th October 2007

EUROPE

EUROPE

Valencia Port Authority has issued a tender for a 248 metre extension of Levante Quay, which has a reference price of ¢ 12.4bn ($17.6bn). Alongside draught of 16 metres will be available…

28th October 2007

Valencia extends Levante Quay

28th October 2007

EUROPE

EUROPE

Russias Oleg Deripaska company is to build a new port at Imeretin Bay near Sochi capable of handling 5m tonnes a year. The port, which will cost $3bn to build, will accommodate…

26th October 2007

New Russian port

26th October 2007

MIDDLE EAST

MIDDLE EAST

Qatars Finance Minister has announced the construction of a new $5.5bn port at Mesaieed, located to the south of Al Wakra. Driving the project is the perceived need to bring down import…

26th October 2007

Major new Qatari port

26th October 2007

AFRICA

AFRICA

To head off the threat of shipping lines imposing a $200 Vessel Delay Surcharge on each teu handled at the Port of Mombasa, Kenya Ports Authority (KPA) has introduced emergency de-congestion initiatives.

25th October 2007

KPA under threat of vessel delay surcharge

25th October 2007

MIDDLE EAST

MIDDLE EAST

DP World is to raise a $2.7bn syndicated loan to finance overseas investment and gentle corporate costs. 

25th October 2007

DP World IPO?

25th October 2007

NORTH AMERICA

NORTH AMERICA

The Colombian government has refused permission to build a new coal port at Barú , a decision partly influenced by lobbying from the tourist sector, which believes that additional coal loading facilities…

25th October 2007

No to coal port at Barú

25th October 2007

CONTAINER & CARGO HANDLING

CONTAINER & CARGO HANDLING

At the helm of the largest port complex on the US East Coast, Rear Admiral Rick Larrabee takes it all in his stride, as Barry Parker finds out

24th October 2007

Interview: PANYNJs Admiral Rick Larrabee

24th October 2007

CONTAINER & CARGO HANDLING

CONTAINER & CARGO HANDLING

Raising a bridge to improve access to a port is a thorny undertaking at the best of times, but hoisting a bridge that in 2006 accomodated 8.4m vehicles and is one the…

24th October 2007

No immediate fix for bridge contraints

24th October 2007