All Port Strategy articles in Web Issue – Page 1088
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News
DP World buy-back
DP World is to ask its shareholders for approval to buy back 581m of its shares. At the same time, it is considering issuing securities totalling $553m, equivalent to one third of its existing share capital.
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NewsYangtze river surges to new high
China''s Yangtze River container volumes rocketed 38% in 2007 on the back of booming trade, a new study has found.
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News
Nautilus' given new name
California-based Nautilus International Holding Corporation has re-branded itself as Metro Ports. The group includes the Metropolitan Stevedore Co, Southeast Crescent Shipping Co, Southeast Maritime Services LLC (which holds Savannah International Terminal), and Cape Fear Bulk LLC.
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News
Bureaucracy delays Indian port development
Radical changes need to be made to India''s decision-making process if it is to achieve its aim of doubling port capacity to 1.5bn tonnes by 2011-12.
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News
Call for Australian state investment
Australia business leaders have called for state and federal governments to invest in ports and distribution hubs.
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News
Aqaba on the move
The government of Jordan has given the go-ahead for a $5bn relocation and upgrading of the Red Sea port of Aqaba and general development of the surrounding area.
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Pakistan to overhaul ports policy
The Pakistani minister responsible for ports and shipping is reviewing previous government policy on the ports sector and has promised to make necessary changes to bring it in line with international standards. In his view, there are several flaws in the existing legislation that require amendments.
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News
CSN expands Sepetiba facilities
Brazilian steel company CSN is to invest $2.2bn in extending its installations at the port of Sepetiba. The project, which is scheduled for completion in 2013, aims to expand export facilities for iron ore and steel products.
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News
APM quits Qasim
APM Terminals is to cede to DP World the 20% stake it holds in Qasim International Container Terminal. DP World is already the majority shareholder at QICT.
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NewsTracking productivity
Software developers and terminal operators don''t always see eye-to-eye on productivity packages, as Alex Hughes reports
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News
Indian JV seeks opportunities
TM International Logistics Ltd, a joint-venture between Tata Steel (51%) and Germany''s Martrade (49%), is actively considering undertaking port operations beyond India, according to managing director Dibyendu Bose. At present, the company has a handling operation at Haldia dock, as well as offering various logistics services in India.
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News
Dispute delays Northport development
An already decade-long wrangle over legal title of the 32 hectares of seabed covered by Northport is halting plans for a new NZ$40m (US$31m) berth.
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NewsInsurance comment
Underwriters and brokers are beginning to express concern about the potential for rising damage liability claims at ports and terminals, as a result of fundamental problems coming to light in the operation and design of the containership fleet.
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NewsSecure filling from BLT
A new Big Lift Trucks (BLT) logistics facility in Jacksonville, Florida, is to offer a secure yard for full and empty container storage, as well as expert container packing and unpacking of various cargo, including timber, steel and granite.
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NewsFocusing on efficiency
Transferring containers from quayside crane to yard crane – using automated technology – is the key to Kalmar’s new Autoshuttle
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NewsViriginia and Panama grow together
In a strategic move, the Panama Canal Authority (ACP) and the Virginia Port Authority (VPA) have reaffirmed their existing alliance through another Memorandum of Understanding (MoU).
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News
JNPT struck by congestion again
JNPT is once again experiencing congestion problems with reports suggesting that anything between 20,000-25,000 import-export boxes are awaiting clearance at any one time. Growing traffic is said to be exacerbating the problem.
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NewsWindsail: energy saving solution?
Norwegian research team confirm substantial fuel and pollution reduction potential for ocean going ships fitted with Shadotec plc British wingsails
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News
Japanese fund Bulgarian box terminals
Varna city council in Bulgaria has allocated a 17.5 hectare plot of land for the development of a new container terminal at the port.
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NewsContainer backlog cleared
Mombasa has finally come to terms with the container backlog brought about by civil disturbances earlier in the year. From having 19,000 containers requiring processing in January, the figure had fallen to 9,000 by the end of April. Storage capacity in the terminal is in the region of 14,000 containers
