News

THE ECONOMIST

THE ECONOMIST

Ben Hackett laments the tardiness of the US Administration and its agencies

1st October 2005

Katrina – The shame of it all

1st October 2005

ASIA

ASIA

Figures released by Chinas Ministry of Communications indicate a slowing of the rate of growth in national maritime traffic. For the first two quarters throughput totalled 1.87bn tons, an increase of 18.7%.

1st October 2005

Traffic growth slowing at Chinese ports

1st October 2005

ASIA

ASIA

The merger of Maersk and P& O Nedlloyd should eventually result in the transfer of 1m TEUs from Singapore to Malaysias port of Tanjung Pelepas (PTP).

1st October 2005

Maersk/P&O Nedlloyd merger to boost PTP throughput

1st October 2005

ASIA

ASIA

Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn…

1st October 2005

MUMBAI

1st October 2005

ASIA

ASIA

Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn…

1st October 2005

LAEM CHABANG

1st October 2005

MIDDLE EAST

MIDDLE EAST

Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn…

1st October 2005

Salalah to add two berths

1st October 2005

ASIA

ASIA

Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn…

1st October 2005

ORISSA

1st October 2005

MIDDLE EAST

MIDDLE EAST

Jebel Ali Port has begun the commissioning of the worlds largest quayside gantry cranes.

1st October 2005

..whilst JA gets an injection of new equipment

1st October 2005

MIDDLE EAST

MIDDLE EAST

The Kuwait Fund for Arab Economic Development has retained Kuwait Consulting & Investment Co. (KCIC) and Drewry Shipping Consultants to analyse the prospects for a new US$1.2bn port at Bouyban Island.

1st October 2005

Kuwait appoints Drewry

1st October 2005

MIDDLE EAST

MIDDLE EAST

Neither Port Rashid nor Hamriya Port are to close to enable commercial development of what are Dubais oldest harbours to go ahead, even though extensive property development is taking place around them.

1st October 2005

..but older facilities not forgotten either..

1st October 2005

ASIA

ASIA

Jurong is to expand its activities in Indonesia, Vietnam and China. At the same time, given a 54% increase in traffic in the first two quarters of 2005 to 444,000TEUs, plans are…

1st October 2005

Jurong to expand at home and abroad

1st October 2005

ASIA

ASIA

Madras High Court has cleared the way for a second container terminal concession to be awarded in the port of Chennai.

1st October 2005

Court clears way for second Chennai terminal

1st October 2005

MIDDLE EAST

MIDDLE EAST

Dubai Port Authority (DPA) will have the capability of handling 55m TEUs by 2030.

1st October 2005

DPA to up capacity to 55m TEU by 2030?

1st October 2005

MIDDLE EAST

MIDDLE EAST

Israels security and Policy unit has approved construction of a port in the Palestinian-controlled Gaza Strip, although Israel will retain control of territorial waters offshore.

1st October 2005

GAZA

1st October 2005

MIDDLE EAST

MIDDLE EAST

Much of this will come from the opening of the initial phase of the new Jebel Ali Terminal 2 which will add 5m TEU capacity in July 2007. This will be a…

1st October 2005

MINA ZAYED

1st October 2005

ASIA

ASIA

Having lost its premier position as the worlds leading container terminal to Singapore, Hong Kong now finds its position as Chinas number one port also under threat from domestic rivals. As a…

1st October 2005

Embattled Hong Kong cuts charges

1st October 2005

ASIA

ASIA

According to a local survey, Hong Kong's share of traffic emanating from southern China fell continuously from 1996 to 2003. This decline may well be halted if the reduced charges can persuade…

1st October 2005

YANGSHAN

1st October 2005

ASIA

ASIA

A recent diagnostic study undertaken on the Indian port of Jawaharlal Nehru has suggested delaying implementation of the proposed fourth container terminal and also taking away from the port trust operational responsibility…

1st October 2005

JNPT Port Trust could lose control of box terminal

1st October 2005

EUROPE

EUROPE

These meet the three major aims of sustainability: economic benefit, environmental balance and social development.Port of Rotterdam Authority is inviting tenders for the design and construction of Maasvlakte 2, the port site…

1st October 2005

MAASVLAKTE 2

1st October 2005

EUROPE

EUROPE

Liverpool, Belfast and Cork are all gearing up for expansion with plans being laid to improve facilities at all three ports. Liverpool hopes to get the go-ahead for construction of its £…

1st October 2005

Irish Sea spawns expansion plans

1st October 2005