All Port Strategy articles in Web Issue – Page 1168
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News
LONG BEACH UPGRADES CRANES
Long Beach Container Terminal has awarded Vycon with an order for green energy storage systems for six of its rubber-tyred gantries.
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BCT BUILDS HANDLING MUSCLE
Gdynia''s Baltic Container Terminal has taken delivery of two new post-panamax gantry cranes, supplied by Konecranes. The cranes mark the first of their kind to be introduced into service at BCT, with a lift capacity of 50 tonnes, outreach of 46 metres and a backreach of 20 metres.Once both units ...
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CASTLE WINS BREMORE BATTLE
Ireland''s new deep-water port at Bremore is to be developed in a joint venture between Drogheda Port Company and Castle Market Holdings, a consortium that includes an unnamed "world class"port operator.
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Boom time for banks
The recent brilliant spotlight shining on the international ports business from an investment standpoint has turned the sector into a very attractive one from the standpoint of debt provision by the international banking sector. There is no doubt that attracting the interest of banks from this perspective is much easier ...
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DP World steps back from Pakistan
DP World has rather surprisingly withdrawn from the bidding process at Pakistan''s Gwadar port. Publicly, it claims this was done for commercial reasons, although there were serious concerns in India about the company''s presence in neighbouring Pakistan given that DP World also manages several terminals in India.
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NewsOOIL terminal division sale awaits official seal
Hong Kong-based Orient Overseas (International) Ltd (OOIL) deal to sell its terminal division to Canada''s Ontario Teachers'' Pension Plan for $2.35m is awaiting approval from shareholders and competition authorities.
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NewsAuckland geared for growth
Ports of Auckland took delivery of three new ZPMC cranes in December as part of its NZ$100m investment programme to handle container throughput currently doubling every 10 years.
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ALBANIA TENDER RELEASED
Albania has issued a tender in respect of construction of a new port at Durres, 33km west of Tirana.The work, which is worth ¢ 40m, is being funded by a loan from the European Bank for Reconstruction and Development and also by the European Bank for Investment. Work is expected ...
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RAVENNA INVESTMENT AGREED
Ravenna Port Committee has approved a ¢ 339m investment package after traffic in 2006 rose by 10% to 26m tonnes.
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A hive of Activity
Across the Port of Rotterdam there are nearly 50 major development projects either under way or close to starting, including two liquefied natural gas (LNG) terminals, four electricity plants and eight new terminals for a variety of commodities.
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NewsIs the great equity bubble about to burst?
Private equity firms and other non-public shareholder groups such as Dubai Ports World (DPW), have entered the global ports and terminals marketplace to drive up values in the industry. Perhaps the initial driving force was DPW when it entered the Indian market outbidding its rivals.
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Maasvlakte 2 in figures
Maasvlakte 2, Rotterdam''s new port and industrial zone, is to be built right on the North Sea.Development is expected to take place over the next 20 to 30 years. The development will add 20% to the present port and industrial area, measured in hectares, and treble the port''s container handling ...
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Takes two to tango
Promoting competition in port activities seems a simple enough concept for government to handle,but theory does not always go into practice easily.
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SINGAPORE SOFTWARE
A new internet-based service to better predict the state of the currents at a given period, not only on the approaches to the port, but also alongside the berths themselves has proved popular in the Port of Singapore.
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SANTOS TENDERS FOR VIABILITY STUDY
A tender issued by the Santos Port Authority will consider the economic viability for a proposed concession of Vopack Brasterminais Armazéns Gerais,on the so-called continental side of the port at Barnabé Island.The concession, which is currently held by a Dutch group, is due to expire within the next three years.
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US "sweet spot' for ports
Craig Fuehrer, director in the group at Deutsche Bank Securities, the bank handling the sale of DP World''s US facilities, was mum about details of the bidding process, in a presentation at a Marine Money ship finance conference in New York.
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NewsPortland on track
The Port of Portland Commission has approved the second of two rail construction contracts for a project that will help increase intermodal volumes through the Port''s Terminal 6 container facility.
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New Zealand "super port" mooted
Merger talks between various New Zealand ports and the frequently-stated desire of shipping companies to rationalise local port calls, is creating increasing interest in the idea of one "super port"for all global container trade. Establishing such a world-class facility would consequently enable larger vessels than the 4,100 teu currently seen ...
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NewsPort relief on Maersk schedule
Ports around New Zealand have undoubtedly drawn a collective sigh of relief, with Maersk Line confirming it will continue at the nine local ports it currently serves, albeit with a revised service structure.
