World News – Page 266
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Ecuador to appoint port regulator
The Association of Private Port Terminals in Ecuador (Asotep) is supporting government policy to introduce a new port regulator, believing it will strengthen the operations of all those involved in the sector as well as making life easier.
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Maersk to invest in Port Said channel
According to Egypt''s Ministry of Transport, AP Moeller-Maersk has indicated an interest in contributing towards the $83m project to build a navigation side channel at the Suez Canal Container Terminal at Port Said.
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Qatar to place contracts worth $7.4bn
Qatar is to place three contracts shortly as part of the $7.4bn development of a new port.
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Vila do Conde terminal tender
Northern Brazil''s Pará state dock company (CDP) is to build and operate a multipurpose terminal at the port of Vila do Conde.
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Brazil looks to pension funds to invest in ports
The Brazilian government is looking into ways of stimulating investment in national infrastructure by private pension funds. In the coming weeks, two proposals will be debated: the creation of a fund specifically to invest in investment and changes to rules governing this type of action.
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Naples begins to tackles concessionaire debt
Terminal operators in the Italian port of Naples have accumulated debt owed to the port authority of more than €20m.
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Paita to issue bonds
Terminales Portuarios Euroandinos Paita, operator and concessionaire for the Peruvian port of Paita, is to issue bonds worth $110m to build a new terminal.
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Historic terminal lease inked at POLB
The Port of Long Beach (POLB) and Orient Overseas Container Line (OOCL) have signed a $4.6bn 40 year lease agreement for the new Middle Harbor container terminal.
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NewsDoha leaves paper behind
A new state of the art terminal operating system (TOS) is in operation at Doha Port, Qatar – a strategic move into automation from a paper based operating system previously used to handle throughput at the terminal.
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NewsMarseille: Strategic call for Arkas
Marseille Fos Port Authority is set to benefit from a new call created by the extended Aegean-Spain weekly container service operated by Turkey’s Arkas Line.
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NewsMethod behind Durban upgrade
The draft scoping report for Transnet National Port Authority’s (TNPA) planned upgrade to Durban’s Pier 2 Container Terminal has been released in time for the public consultation due to take place this Thursday 12 April.
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NewsSecurity scanning in Colombia
A number of American operations are seen "a vast improvement in security" through reducing errors associated with manually entered container data.
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NewsStrategic moves for ICTSI
Baltic Container Services (BCT), International Container Service Inc’s subsidiary in Poland, has inked a new subsidy agreement with the Center of European Union Transport Projects for part of the investment needed for the terminal expansion project at Gdynia Port.
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NewsBCT gets a third off its expansion costs
The Baltic Container Terminal in Gdynia – an ICTSI subsidiary - is to gain from a grant worth around a third of its PLN153m (US$49.2m) development, an expansion project that will raise BCTs capacity by 60%.
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NewsPresidential infrastructure order to aid US ports
President Barack Obama has signed an executive order that will help expedite the permitting and review process for US government infrastructure projects, which will directly benefit US ports.
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NewsDP World rides the world’s markets
After getting its cash flow and net debt back under control as a result of good performance and the selling of 75% of its Australian operations, DP World has “a solid platform” underfoot, but there remain challenges.
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DP World splashes cash on loan repayment
Cash-rich DP World is to repay a $3bn loan outstanding under its revolving credit facility due to mature in October 2012. The repayments will take place between 4 and 10 April 2012.
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APMT injury and CO2 wins
APM Terminals’ 2011 Sustainability Report reveals a 21% decrease in Lost Time Injury Frequency, and a 16.5% per teu reduction in CO2 emissions, but admits there is still much to be done.
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NewsAPMT seals Moin concession deal
APM Terminals has passed the final hurdle for its Moin Container Terminal concession, gaining the final endorsement from Costa Rica’s Comptroller General Office in March.
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Peru to handle 2m teu by 2014
Peru’s National Port Authority has forecast that cargo handled by its national ports network will rise by 14%-15% on average over the next five years.
