World News – Page 163
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Westports join bid for Colombo’s terminal project
Westports Holdings has submitted an expression of interest to participate in the consortium of six companies led by Hayleys bidding for Colombo Port’s East Container Terminal in Sri Lanka.
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Sihanoukville to build new $200m terminal
Sihanoukville Autonomous Port (SAP) is to build a $200m container terminal as part of an expansion project due to be completed by 2022.
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Trump’s trade agenda
US president Donald Trump’s push for free trade agreements was not protectionism, but a drive for fairer deals, DP World chairman Sultan Ahmed bin Sulayem told delegates at the Arab Media Forum.
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Cabotage rules outdated in Malaysia
Malaysia should abolish cabotage for Sarawak, a senior government official has recommended.
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Delays expected for Moín box terminal
Costa Rica’s Ministry of Public Works & Tarnsport has asked APM Terminals for a detailed report outlining the various problems that it is facing in respect of construction of its Moín Container Terminal.
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Stevedoring reform damaging Spain investment
Spain’s Development Minister, Íñigo de la Serna, has announced that he will present new stevedoring legislation to the Cabinet “as soon as possible”.
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Expansion on the horizon
Investments in North African ports are delivering on numerous fronts. Felicity Landon reports
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Mixed messages
The Black Sea’s terminal strategy fails to line up with statistics, finds Stevie Knight
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US omnibus funding will benefit ports
The House and Senate leadership has released the FY 2017 Omnibus Funding Agreement, which includes increased or level funding for the US Army Corps of Engineers (USACE), Transportation Investment Generating Economic Recovery (TIGER), Port Security Grant Program (PSGP) and Diesel Emissions Reduction Act (DERA).
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Kiel Ostuferhafen expansion enters fifth phase
State president Torsten Albig has approved €9.9m in funding for the expansion of Kiel’s Ostuferhafen.
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TICTS supports agricultural development project
Tanzania International Container Terminal Services (TICTS) has announced its support for a Tanzania government agricultural mechanisation and development project with a TSh327m (US$146,400) storage waiver for a shipment of unassembled tractors.
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BPA chairman calls for trade facilitation
Trade facilitation, port zones and transport connectivity should be central pillars of the UK government’s post-Brexit trade and transport strategies, said Rodney Lunn, chairman of British Ports Association (BPA).
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ITF offers policy suggestions for Buenos Aires
The International Transport Forum (ITF) has made a number of suggestions for policy in Buenos Aires in its Draft Discussion Paper 2017.
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Terminal Link consortium wins Thessaloniki bid
The Hellenic Republic Asset Development Fund (HRADF) has announced that the highest bidder for the acquisition of a 67% share of Thessaloniki Port Authority is a consortium comprising of Deutsche Invest Equity Partners, Belterra Investments and Terminal Link, with an offer of €232m.
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Drewry: get used to congestion in China
Fast growing inbound trade is just one of the many factors causing port congestion at China’s major ports. Other factors include bad weather, the restructuring of alliance networks, ever-bigger ships and shippers’ eagerness to move cargo ahead of planned rate increases.
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Positive take up of ‘green’ discount
Sixty-six ships calling at terminals on the Thames qualified for the UK’s first port charge discount for cleaner ships in the first three months of 2017, including car carriers, container ships and tankers.
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Canal expansion 'fails to meet expectations'
Far fewer ships than expected have made the passage from the expanded Panama Canal to US ports due to “insufficient operational resources” within the Panama Canal, the International Organisation of Masters, Mates and Pilots has claimed.
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Higher bids for Thessaloniki share
Greece has received higher bids from three investors seeking to buy a 67% majority share in the Port of Thessaloniki.
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Oakland up for alliance challenge
A Port of Oakland executive says that newly formed ocean carrier alliances will benefit his port bringing larger vessels and more container moves per vessel increasing the efficiency of operations.
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Forth Ports identifies technology opportunities
Operator Forth Ports is harnessing technology to set itself apart from other UK ports.