World News – Page 210
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Concerns on 'fragmented and reactive' industry
Fragmented and reactive, the port industry is fighting to balance long term investments against short term decision-making.
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Underinvestment a threat for container ports
Forecast demand for an additional 450m teu lifts by 2024 could mean that the industry is underinvested in container port capacity going forward, according to leading consultant.
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'Dark side' of mega ships
Carriers and ports alike are fast discovering the "dark side" of mega container ships, according to Thomas Lutje, managing director of HHLA Container Terminals.
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Teesport attracted by Gloria’s safety
Cargotec’s Kalmar is to supply three Gloria reachstackers and one empty container handler to PD Ports'' Teesport in December.
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DP World to exit London Stock Exchange
DP World has announced plans to delist from the London Stock Exchange, claiming that only 1% of its trades are made through the UK’s exchange.
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NewsOnwards and upwards
No looking back for Middle East terminals that continue to climb the capacity ladder, reports Alex Hughes
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No independent valuation yet made of TNPA
South Africa''s Ports Regulator has yet to undertake a valuation of Transnet National Ports Authority'' (TNPA) assets, despite the fact that this is required to determine what tariffs port users must pay.
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NewsMediterranean ports fight for EU funding
Barcelona, Marseille and Genova have, through the Intermed Association, called on the European Commission to get involved in a debate in respect of funding for the TEN-T network.
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NewsIndonesia's $6bn ports commitment
Plans by Indonesia to spend up to $6bn on ports are an important sign of the value it places on infrastructure. The government needs 70tr rupiah ($5.8bn) to expand five major ports in north Sumatra, Jakarta, east Java, south Sulawesi and Papua to serve large vessels and build feeder lines ...
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NewsKeeping Durban competitive
The South African port of Durban needs to be more autonomous if it is to keep up with future demand, an international report from the OECD’s International Transport Forum revealed.
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NewsLA-LB congestion proves costly
Terminal operators at the ports of Los Angeles and Long Beach have gone all out to try to relieve some of the persistent congestion, but the problem shows no signs of stopping.
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Chile boosts port infrastructure
Chile''s Under-secretary for Transport, Cristián Bowen, has announced that the government is to introduce a series of port upgrades over the next 20 years as a means of boosting competitiveness.
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NewsAPMT hits back at Monrovia claims
In Liberia, elected representative George Mulbah has accused APM Terminals of failing to upgrade the Free Port of Monrovia in line with its concession agreement.
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NewsEbola fails to dent Monrovia trade
Freeport Monrovia has yet to suffer a single day of downtime due to the Ebola virus, says Peder Sondergaard, chief executive Africa and Middle East of concessionaire APM Terminals.
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NewsMalaysia sets its sights on ABP
It has been suggested that Malaysia’s largest state pension fund is to make a US$2bn bid for a stake in UK port operator, Associated British Ports (ABP).
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NewsEase of automation at Brisbane
The main drivers for automation are being ably demonstrated at Patrick’s automated straddle terminal in Brisbane, Australia, says the operator.
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NewsBig plans for Busan
Busan Port Authority (BPA) says it’s ramping up development at the world’s fifth largest port - both to make it the logistics hub of Northeast Asia and keep up with projected demand.
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NewsPhilippines congestion limits US shipments
As congestion in the Philippines continues to worsen, Maersk Line has doubled its surcharge and is limiting shipments from the US.
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‘No shortage’ of investor interest
There is “no shortage” of investor interest in the port and particularly the container terminal sector, according to consultant Drewry.
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Thailand focus on small ports
Thailand plans to build an unspecified number of small ports to ease the cost of moving goods within the country.
