World News – Page 273
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Manta tender by first quarter
Manta Port Authority in Ecuador is to issue a tender by the end of the first quarter of 2012 to both modernise and expand the port.
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GCC commits $15bn to ports
Ports in the Middle East Gulf are set to spend $15bn over the next five years in boosting capacity.
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Antofagasta sues government to recover land
Antofagasta Port Company (EPA) is locked in a legal battle with the state prosecutor in respect of ownership of part of its land along the Costanera Central.
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GCC supports Kuwait’s Mubarak project
The Gulf Cooperation Council has spoken out in support of Kuwait in its development of Mubarak port, which it is taking forward despite objections from neighbouring Iraq.
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Chennai rejects Mundra box terminal bid
Chennai Port Trust has rejected the $698m bid by Mundra Port and Economic Zone to develop a new container terminal at the port of Chennai, claiming that the 5% revenue share being offered is too low.
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No to Ukraine privatisation
The president of Ukraine, Viktor Yanukovych, has blocked legislation that would have led to wholescale privatisation of the country''s ports.
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Konecranes makes redundancies in Europe
Konecranes has made 125 of its European workforce redundant as part of a cost reduction programme to save €7m ($9.1m) per annum.
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Impact of Europe’s transparency legislation unclear
The European Commission has put forward a directive to modernise public contracts, with an aim of improving transparency and ensure a level playing field.
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Indian terminal operators seek to revamp TAMP
Delhi High Court has received a petition from the Indian Private Ports and Terminals Association, challenging the right of the Tariff Authority for Major Ports to determine tariffs at private cargo terminals situated in state-owned ports.
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Spanish ports increasingly unprofitable
Liabilities of Spanish ports are expected to total €4.5bn ($5.9bn) in 2012, up from the €4.1bn reached in 2011.
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Ust-Luga opening sets development agenda
The call of its first container ship on December 29 marked the opening of the new NCC Ust-Luga Container Terminal (ULCT) in Russia, with weekly Unifeeder calls already in the bag.
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Strikes leave Auckland licking its wounds
Ports of Auckland has confirmed that it has lost more trade as a consequence of ongoing strikes, with New Zealand’s largest exporter, Fonterra following Maersk''s lead of shifting services.
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APM wins Lázaro Cárdenas concession
APM Terminals has won a deepwater container terminal bid at Mexico''s Port of Lázaro Cárdenas, snaring a project that includes a 32-year design, build and operate concession of a greenfield site.
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Rotterdam reacts to ECT lawsuit
The Port of Rotterdam has been reserved in making comment on a pending lawsuit it''s facing – but the furor of media coverage surrounding the recent summons by Europe Container Terminals (ECT) has forced it to break its silence.
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Mercosur refuses entry to Falklands ships
The Falklands dispute has once again reared its ugly head with the recent decision taken by the Mercosur group of countries to refuse entry to Falkland flagged vessels to ports.
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ABP first in decade to tap into bonds
Associated British Ports (ABP) has become the first port operator to gain an external credit rating and tap into the bond market in the last decade.
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Gulftainer undaunted by double dip threat
Buoyed by a 10% increase in volumes at its Khorfakkan and Sharjah operations last year, Gulftainer is confident that this year will be just as successful.
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Strike mediation unsuccessful at Auckland
Mediation talks taking place between the Ports of Auckland and the Maritime Union of New Zealand (MUNZ) to try to avoid further strikes before and during Christmas have so far been unsuccessful.
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MSC invests in Le Havre
One of the world’s largest shipping lines, MSC, is investing in a new terminal at Port 2000 in Le Havre - all aimed at making the port a major hub in Europe.
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APM takeover of Gothenburg terminal approved
The Swedish Competition Authority has approved the acquisition of the Skandia Container Terminal (SCT) at Gothenburg by APM Terminals - putting the takeover on schedule for January 2012.