World News – Page 249
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Ennore to issue bonds and undertake IPO
India''s Ennore Port Ltd is to raise tax-free bonds worth $185m to fund expansion and infrastructure projects.
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Noatum reviews Valencia expansion project
Valencia Port Authority has given Noatum Ports permission to temporarily suspend work that it is undertaking on Muelle de Costa.
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IPO to fund Port Klang expansion
Westports Malaysia is to raise $500m through an IPO in the second quarter of next year.
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Pelindo II to sell off box terminal holdings
Indonesian state holding Pelindo II is reported as preparing to sell off its subsidiary, Multi-Terminal Indonesia, which manages its logistics activities, as well as container and multi-purpose terminals.
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East African ports for sale
The secretary general of the East African Community has revealed that negotiations are at an advanced stage to privatise the ports of Mombasa and Dar es Salaam.
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NewsPort of Hamburg calls for change in laws
The Port of Hamburg Business Association has accepted the Federal Administrative Court’s (FAC) decision to deepen the River Elbe, but says fast legal decisions need to be made to reduce the impact on its port’s key infrastructure.
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NewsSOGET taps fast growing PCS market
French port operations solutions company, SOGET, recently announced its plans to strengthen its international growth strategy to become the point of reference for Single Window by 2015.
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NewsSokhna stand-off hits DP World operations
There is trouble and strife at Sokhna port again – reports in the media this week suggest that labour strikes have brought operations to a standstill, and a counter protest over the strikes hasn''t helped matters either.
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Dawei mega-port still forging ahead
Thailand is to push on with the Dawei mega-port project in a joint venture with the Myanmar governmment.
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East Africa calls for unified harbours authority
Traders on the east coast of Africa want to see the reinstatement of the East African Harbours & Port Authority to stop individual states applying unilateral tariffs.
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Hamburg infrastructure upgrades needed
A plan drawn up for the Port of Hamburg forecasts it will be handling 25.3m teu by 2025, 181% higher than the 9m teu handled in 2011.
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Italy debates relationship of ports with the state
The government of Italy has approved an outline plan to reform the constitution that refers to the relationship between the Italian state and the regions.
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Indefinite strike called in Santa Fe
An indefinite strike called by port unions has made it extremely difficult for any cargo to enter or leave the Argentinean ports of San Lorenzo, San Nicolás and Villa Constitución, which are three of the country''s most important export facilities.
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Tender for Manaus due
Antaq, Brazil''s national waterway regulator, is to issue a $223m tender later this year for the construction and operation of a new port in the city of Manaus.
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HPH Trust shares a “buy”
Financial advisers Maybank Kim Eng have allocated a "buy" rating to Hutchison Port Holdings Trust’s shares.
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DPW lone bidder for new JNTP terminal
Only DP World has entered a bid for the new $114m container terminal at the Indian port of Jawaharlal Nehru.
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Assoporti urges EU to think again over concessions
The Italian Association of Port Authorities (Assoporti) has urged the government to debate the length of port terminal concessions with the European Union.
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Iraq to upgrade Maqal port
Authorities in Iraq have signed a $40m deal with a US consortium headed by North America Western Asia Holdings to modernise the port of Maqal, which is on the Shatt al-Arab waterway in Basra province.
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Rotterdam eyes Brazilian bid
A Dutch group headed by Rotterdam port authority has put forward a $2.37bn proposal to build a new multipurpose port in the Brazilian south-eastern state of Espírito Santo.
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Piraeus T3 to open early next year
Cosco Pacific is to start handling operations at Terminal 3 in the Greek port of Piraeus early next year.
