World News – Page 176
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NewsVirginia seals long term lease
The Port of Virginia has signed a new long-term lease for Virginia International Gateway (VIG) to give the port operating rights at the terminal until 2065.
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NewsPANYNJ eager to attract ‘discretionary cargo’
As ports along the US East Coast gear up for the arrival of neo-panamaxes, the Port of New York & New Jersey is pursuing a strategy of attracting “discretionary cargo” through its rail links, which offer connectivity to the US Midwestern region.
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NewsConsortium snares 50-year Melbourne lease
The long-awaited lease deal for the Port of Melbourne has been confirmed, with the Lonsdale Consortium winning the 50-year lease rights for more than A$9.7bn (US$7.3bn).
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Disquiet over Manta concession emerges
Kevin Lazo has been relieved of his post as head of Manta Port Authority (APM), in Ecuador, and replaced by Mr José Miguel García Auz.
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Storm wreaks havoc at Kaohsiung
A super typhoon has cause significant damage, devastation and chaos at Taiwan’s main port of Kaohsiung.
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NewsAPM LA terminal gives cranes a lift
The first of ten ship-to-shore (STS) cranes at APM Terminals Los Angeles Pier 400 facility has been raised 10m (33-feet) to make it the tallest port crane in North America.
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Ports help Drax generate more than £1bn for UK economy
Ports in the north of England, including Liverpool, Tyne, Hull and Immingham, have helped energy business Drax generate £1.2bn and more than 14,000 jobs for the UK economy, reveals a new report from Oxford Economics.
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New deadline for Europa Platform
Livorno Port Authority has pushed back the deadline for submission of applications to participate to the project financing for the design, construction and operation of its new deep-water container terminal, Europa Platform, to December 15, at the request of potential bidders.
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South African ports gear up for new e-commerce platform
Transnet National Ports Authority (TNPA), a division of Transnet SOC Ltd, has set a go-live date of April 2017 for its fully integrated e-commerce platform.
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NewsNorth UK ports form partnership
The four main ports in the north of England have agreed a new partnership to create jobs and boost exports across the region.
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NewsBusan: ‘business as usual’ post Hanjin
Despite the repercussions of the Hanjin Shipping Line bankruptcy being felt through the ports sector, Busan Port asserts that everything is under control at the port with disruption being kept to a minimum.
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State banks to finance Brazilian ports
As part of an infrastructure investment programme at Brazilian ports introduced by the new government of Michel Temer, finance could be forthcoming from state banks, such as the Caixa Econômica Federal (CEF) and the Banco Nacional de Desenvolvimento Econômico e Social (BNDES).
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NewsDevelopment of Malay-China alliance
An alliance between six Malaysian and 11 Chinese ports is to be stepped up and could trigger a new port, Malaysia’s Transport Minister Datuk Seri Liow Tiong Lai said.
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NewsAPMT at risk of losing Callao concession
Peru’s Public Use Transport Infrastructure Investment Supervisory Body (Ositran) is reportedly not happy with work completed so far by APM Terminals at the North Quay in the port of Callao.
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Injection for Whanganui port
A new marine services centre, expanded boat-building industry and visitor services and recreational area are planned for the Whanganui Port Precinct.
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Record year for Bluff
South Port has returned a comparable 13% rise in net after-tax profit to a record NZ$8.7m and 6% increase in revenue to a record NZ$36.7m during the 2015-2016 financial year.
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Access upgrade for Napier
Road-based cargo flows to and from Napier Port are expected to be enhanced through a NZ$25m government investment in local roading improvements.
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NewsDPW Australia opens inland hub
DP World Australia is to operate Austrak’s intermodal freight hub at Somerton 23km north of the Port of Melbourne.
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NewsAntwerp invests in West Africa
The Port of Antwerp will invest in West Africa for the first time in order to create an expanding logistics platform at the Port of San Pedro and build on its leading market position for the region.
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NewsBlack Sea Market Review
According to Informall’s Black Sea Container Market Review for the first half of 2016, Black Sea container terminals in Ukraine, Romania, Bulgaria and Georgia handled 1.2m teu in the first half of 2016, including empty containers but not transhipment.
