News

ASIA

ASIA

APM Terminals and Shanghai International Port Group have signed an agreement giving the Chinese company a 40% equity stake in APM Terminals  

1st November 2006

SHANGHAI GROUP SEAL

1st November 2006

ASIA

ASIA

The PSA/Sical Logistics consortium is all set to be awarded the concession to build and operate the second container terminal at Indias Chennai port.The consortiums 45% revenue share bid is the second…

1st November 2006

CHENNAI FAVOURS PSA CONSORTIUM

1st November 2006

ASIA

ASIA

The Chinese government has expressed an interest in the port project being developed at Barranquilla in Colombia on the western bank of the river of the same name.The port will handle exported…

1st November 2006

CHINESE SNIFFING AROUND BARRANQUILLA

1st November 2006

ASIA

ASIA

St Petersburgs ZAO First Container Terminal has returned to Konecranes for two panamax ship-to-shore container cranes, to be delivered at the end of 2007 under a ¢ 10m order.

1st November 2006

ZAO RETURNS TO KONE

1st November 2006

ASIA

ASIA

Rajiv Gandhi Container Terminal operated by India Gateway Terminal, has introduced an Interactive Voice Response System,linked to SMS and the tracking of containers via the internet.

1st November 2006

All talk at Kochi as voice response system is installed

1st November 2006

ASIA

ASIA

PSA International, APM Terminals and DP World are the three highest profile bidders for the new deepwater container port project due for construction at Karachi.This new facility will be built at Keamari…

1st November 2006

Six in the frame at Karachi

1st November 2006

ASIA

ASIA

Liebherr is looking to build on its position on the Indian subcontinent, keen to be involved in one of the fastest growing economies in the world, which is increasing by 6% a…

1st November 2006

Liebherr fixes sights on Indian subcontinent

1st November 2006

ASIA

ASIA

The Government of Japan has pledged a sum of Yen 21,559m to Sri Lanka under its Official Development Assistance loan scheme in support of development efforts of the country, including the first…

1st November 2006

Japan Y22m commitment to support Sri Lanka projects

1st November 2006

ASIA

ASIA

The South Korean port of Pyeongtaek is to build a new private container terminal. The work, which will be completed in 2009, will cost $143.1m.The terminal will be equipped with three quay…

1st November 2006

NEW TERMINAL FOR SOUTH KOREA

1st November 2006

ASIA

ASIA

Hanjin Shipping is to sell a 40% stake in six of its container terminals to Macquarie Korea Opportunities Fund. The facilities involved are at Seattle, Long Beach in Oakland in the United…

1st November 2006

MACQUARIE BUYS TERMINAL STAKES

1st November 2006

ASIA

ASIA

Cosco Ports (71.43%) has formed a joint venture with Quanzhou Port Container  Company (28.57%), to be known as Quanzhou Pacific Container Terminal Co Ltd. The company will manage a four berth container…

1st November 2006

COSCO FORMS MANAGEMENT CO

1st November 2006

ASIA

ASIA

The Russian port of Tuapse is to receive investment of more than $2bn from oil pipeline operator Rosneft, which intends to use the port as its main export outlet.  

1st November 2006

Rosneft commits Tuapse funding

1st November 2006

ASIA

ASIA

Port equipment supplier Kalmar has broken new ground in Thailand, with more than 20 of its RTGs in operation in the countrys ports.

1st November 2006

Kalmar stakes claim in Thai success

1st November 2006

OCEANIA

OCEANIA

Vacuum-mooring pioneer Mooring Systems has announced plans for a reverse takeover with its Dutch business partner Cavotec to form a top- 50 New Zealand-listed company.

1st November 2006

Mooring Systems keen on Cavotec merger

1st November 2006

OCEANIA

OCEANIA

Introduction of a national ports policy and development of relevant port infrastructure to support an enhanced coastal shipping operation are key components of the New Zealand Shipping Federations draft maritime transport strategy.

1st November 2006

NZ shipping strategy gathers support

1st November 2006

EUROPE

EUROPE

The Port of Southampton has thrown its bid to increase UK container handling capacity into the ring, pledging to raise current volumes by at least 3.7m teu.

1st November 2006

Southampton committed to increasing UK box capacity

1st November 2006

EUROPE

EUROPE

Nine companies are expected to bid for the new vehicle terminal at the Spanish Mediterranean port of Sagunto. Investment will total ¢ 2.88m and involve paving 120,000 sq m between Muelle Sur…

1st November 2006

NINE BID FOR SAGUNTO VEHICLE TERMINAL

1st November 2006

EUROPE

EUROPE

Among those bidding are Lubasa, Pavasal, Dragados,Midascón, Comsa, Elsan-Pacsa, Cyes, CHM and Construcciones/Valcomar. Container traffic at the Greek port of Piraeus amounted to 511,280 teu in the first two quarters of this…

1st November 2006

PIREAUS GROWTH

1st November 2006

EUROPE

EUROPE

Valencia port authority has awarded a contract to a joint-venture consisting of Ferrovial Agromán and Ocide Construcción in respect of the extension of Levante Quay at a cost of ¢ 12bn.

1st November 2006

VALENCIA EXTENSION AWARDED

1st November 2006

EUROPE

EUROPE

Las Palmas port authority is to finance 35% of planned infrastructure work at the port using ¢ 140m sourced from the European Unions Feder fund. Among the work to be financed is…

1st November 2006

EU FUND FINANCES LAS PALMAS WORK

1st November 2006