World News – Page 174
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NewsMoving the goalposts
East Africa is a region of complexity and opportunity, as Felicity Landon finds out
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Brazil amend ports legislation
The Brazilian government is to make changes to port regulations some three years after the new Ports Law was approved in order to attract $7.2bn of new investment. This will speed up the tender process and reduce unwanted government interference.
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NewsIndiana pushes forward with new port
Ports of Indiana is moving ahead with its plan to build a fourth port at a 725-acre former coal-fired power plant on the Ohio River, which previously belonged to Indiana Michigan Power and was decommissioned last year.
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NewsGuinea signs contract to upgrade Conakry
Guinea’s government has signed a $770m contract with China Harbour Engineering Company (CHEC) to upgrade the port of Conakry.
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NewsNigeria losing out to port inefficiency
A study jointly conducted by the Financial Derivatives Company and the Lagos Chamber of Commerce and Industry titled Nigeria: Reforming the Maritime Ports has revealed that Nigeria is losing N1tn (US$3bn) per year in revenue due to inefficiency at the nation’s ports.
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NewsIran, Netherlands sign MoU for port co-operation
Iran’s minister of roads and urban development Abbas Ahmad Akhoundi and minister of infrastructure and the environment of the Netherlands Schultz van Haegen have signed a Memorandum of Understanding (MoU) for bilateral maritime transport and port co-operation.
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NewsPort of Mariel’s US transhipment potential
Opportunities for the port of Mariel to capture US transhipment volumes have significantly improved since the US government lifted a ban restricting foreign vessels from calling at US ports within six months of calling at Cuba.
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NewsChinese firms to help Malaysia build deepwater port
Three Chinese firms have been selected to help build a new deepwater port in the Strait of Malacca, Malaysia.
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NewsGothenburg to shift intermodal terminal
Plans are in place to move the freight terminal currently located in the central city of Gothenburg to the Port of Gothenburg to allow for a higher proportion of transport by rail instead of road.
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NewsDP World Southampton strengthens fleet
DP World Southampton has received nine new Kalmar machines to strengthen its straddle carrier fleet.
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NewsAPM Terminals brings COSCO onboard at Vado
APM Terminals has concluded an agreement with China COSCO Shipping Ports for the sale of a minority share in a new joint venture created for the APM Terminals Global Terminal Network’s operations in Vado, Italy.
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NewsPort of Durban gets smarter
The Port of Durban is seeking to introduce new and exciting digital initiatives that will see some of its operations being conducted through wireless technology in the future.
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NewsBolloré Ports starts extension works
Bolloré Ports has started construction on the extension of the container terminal at the Port of Freetown.
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NewsHanjin bankruptcy affects Long Beach figures
Port statistics for September show that the Port of Long Beach has been affected by the on-going Hanjin Shipping saga.
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NewsTraPac to double Oakland capacity
TraPac has reached agreement to almost double its marine terminal size at the Port of Oakland.
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Costs concerns hang over Davao project
Ambitious plans to update Davao Sasa port in the Philippines might be cut owing to concerns about costs and capacity, sources have said.
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NewsVietnam mulls new Da Nang port
Vietnam is considering building a new port in the currently crowded Da Nang, according to Tediport, a company involved in the port.
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Portek collaborates with Vahle
Portek Systems & Equipment and Paul Vahle have signed an agreement to collaborate on a practical market development project scheme, utilising the expertise and know-how of both parties to market Vahle products and systems in South East Asia.
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PSA invests in railway container terminal network
PSA International (PSA) has invested in China United International Rail Containers Co. (CUIRC), a Sino-Foreign joint venture with a mandate from the government of the People’s Republic of China to develop and operate 18 railway container terminals within the country.
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Finally, a bid for Manta port concession
Against all expectations, the Chilean company Agunsa has entered a bid, involving $175m of investment, for the concession to operate Ecuador’s port of Manta.
