News

MIDDLE EAST

MIDDLE EAST

DP World believes its bid for P& O will succeed, despite the intervention of Singapores PSA in the takeover contest.

1st January 2006

DPW still confident

1st January 2006

ASIA

ASIA

Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.PSA has emerged as the likely operator for the phase two development of Yangshan near Shanghai according…

1st January 2006

YANGSHAN

1st January 2006

MIDDLE EAST

MIDDLE EAST

Hutchison Port Holdings is leading a consortium of investors which includes the government of Oman and C Steinweg Handelsveem of the Netherlands, in building a 10-berth container terminal at Sohar in Oman.

1st January 2006

SOHAR

1st January 2006

ASIA

ASIA

Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.Paradip Port Trust remains unhappy with earlier proposals it received to build three new berths, one of…

1st January 2006

PARADIP

1st January 2006

ASIA

ASIA

Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.Kandla Port Trust has revealed plans to establish an LNG terminal at Tekra some 27km from the…

1st January 2006

KANDLA

1st January 2006

ASIA

ASIA

Industry professionals have identified a problem with Chinese ports handling iron ore and coal imports. Perennial delays it is claimed, are harming economic growth.

1st January 2006

China needs dry-bulk investment

1st January 2006

ASIA

ASIA

Tianjin Port Development Holdings is seeking to raise US$100m on the Hong Kong stock exchange while Xiamen International Port aims to raise $150m through an IPO on the same exchange. They hope…

1st January 2006

CHINESE PORTS IN HONG KONG IPOS

1st January 2006

ASIA

ASIA

Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.Calcutta Port Trust has appointed Delhi-based Consulting Engineering Services to undertake a feasibility study for new jetties…

1st January 2006

Calcutta Port Trust

1st January 2006

AFRICA

AFRICA

Chairman Sultan Ahmad Bin Sulayem said: "The only valid bid for P&O is from DP World.A consortium of terminal operators and shipping lines has been awarded a 30-year concession to operate the…

1st January 2006

Eurogate acquires Tanger 2

1st January 2006

OCEANIA

OCEANIA

New Zealands ports are jostling for business as a potential over-tonnaging situation develops following Maersks absorption of P& O Nedlloyd and its subsequent withdrawal of that line from services such as the…

1st January 2006

NZ ports mull post merger reshuffle

1st January 2006

AFRICA

AFRICA

Ghanas local stevedores association has appointed a lawyer to object to a concession granted to SDV and AP Moller to run the new Tema container terminal. The local stevedores say the procedure…

1st January 2006

Raising the roof in Tema

1st January 2006

ASIA

ASIA

The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.Klang Container Terminal has opted for the construction of the…

1st January 2006

KLANG OPTS FOR DIESEL-ELECTRIC STRADS

1st January 2006

AFRICA

AFRICA

The World Bank has loaned the Kenyan government US$120m to enhance security at the port of Mombasa, including bankrolling a US$69m modernisation programme.

1st January 2006

MOMBASA

1st January 2006

ASIA

ASIA

The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.India's government has given permission for Hutchison Port Holdings to…

1st January 2006

CHENNAI

1st January 2006

EUROPE

EUROPE

Las Palmas-based La Luz Container Terminal which covers an area of 20,000 sq m, has signed an agreement to handle transhipment traffic on behalf of Maersk affiliate Safmarine. Three of the companys…

1st January 2006

SAFMARINE OPTS FOR LA LUZ

1st January 2006

EUROPE

EUROPE

At time of press, Felixstowes expansion plans - Felixstowe South - were expected to get the green light from Government imminently. This follows news late last year that Hutchison Port Holdings neighbouring…

1st January 2006

Felixstowe gets green light

1st January 2006

EUROPE

EUROPE

The European Parliament has rejected the second Proposal of the European Commission to regulate market access to port services with a massive majority of 532 out of 677.

1st January 2006

Port services directive buried

1st January 2006

EUROPE

EUROPE

The Proposal is now expected to be withdrawn altogether.The UK south coast port of Portland which has been in commercial operation just ten years, is hoping to expand its facilities to accommodate…

1st January 2006

PORTLAND

1st January 2006

EUROPE

EUROPE

The Proposal is now expected to be withdrawn altogether. Cadiz Bay Port Authority is to invest ¢70m in the 2006-2009 period as part of its recently published strategic plan. The main projects…

1st January 2006

CADIZ BAY INVESTMENT PLAN

1st January 2006

EUROPE

EUROPE

The Proposal is now expected to be withdrawn altogether.The port of Sines is forecasting a net profit of between €200,000 and €400,000 for 2005. Despite its modest nature it is the first…

1st January 2006

SINES REPORTS MODEST 2005 PROFIT

1st January 2006