World News – Page 281
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Italians mull port privatisation
The Italian government is said to be considering a possible privatisation of the country''s ports to reduce its debt.
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Dominican Republic concession move
The Presidential Commission for Port Modernisation and Security in the Dominican Republic has said that it is considering reforms to existing port legislation.
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Bolivan bids to manage Arica rejected
A request by the government of Bolivia to be allowed to manage the Chilean port of Arica has been rejected by the government in Santiago.
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Oakajee project rethink
Mitsubishi Corporation and Murchison Metals Ltd are being forced to rethink plans for their $6.11bn Oakajee iron ore infrastructure development project in Western Australia until more financing can be secured.
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Grindrod issues Maputo shares
Grindrod Ltd is to issue new shares to the value of $262m as a means of financing expansion of the coal terminal at the port of Maputo in Mozambique.
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Dockers to strike at Valparaiso
Dockworkers at the port of Valparaiso have announced a strike after having failed to reach an agreement with port operator EPV in respect of the Terminal 2 and the Mall Plaza Barón development. Port unions want implementation of these two projects speeded up.
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Manaus tender scheduled for February
Brazil''s federal government has announcement that it will issue a tender for the port of Manaus by February 2012.
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NewsCentral Yangtze aims high
Infrastructure investment is to be speeded up in order to turn Wuhan’s Yangluo terminal, located in the middle reaches of the Yangtze River, into a major shipping centre by 2015.
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Ust Luga to gain from the big freeze
The Ust Luga deepwater port is readying itself to take on winter volumes that it predicts will be rerouted from the sometimes ice impacted and congested St Petersburg.
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NewsWest African breakthrough for Kalmar
An order from the French Bollore group means Cargotec’s cranes are now starting to move into the emerging African ports market, through Bollore’s wholly-owned Unicaf subsidiary.
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Salvador’s growth aims to cut costs
Tecon Salvador SA has gained financing from Cordiant Capital to refurbish and double the terminal’s container handling capacity as well as cutting the costs for Brazil’s rising exports industry.
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NewsYuzhny’s ship comes in
After a long wait, Yuzhny’s Transinvestservice (TIS) is to see its first container vessel; what’s more it’s a direct call from Latin America, and it’s a fair bet is that plenty more will follow.
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Lazaro Cardenas concession decision imminent
A ruling on the concession for second container terminal at the Mexican port of Lázaro Cárdenas will be made in November.
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Europe’s most productive
The Global Competitiveness Report 2011-2012 put together by the World Economic Forum suggests that ports in Germany, Holland, Belgium, Sweden, Finland and Denmark are among the most productive in Europe.
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Chennai congestion forces lines’ re-think
With severe congestion dogging DP World and PSA’s Chennai terminals, many shipping lines have sought alternative facilities.
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NewsJebel Ali expansion spurred by regional growth
DP World’s Jebel Ali port is to boost capacity by 1m teu through a 400 metre quay extension in time for a 2012 opening.
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Six in the running for Talcahuano
A total of 11 groups have bought tender documents for the privatisation of the Chilean port of Talcahuano, of which six are said to be very interested. An award is expected on September 27 and the winner will be required to invest $75m.
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Parliament nod to La Union privatisation
The Parliament of El Salvador has approved legislation allowing the port of La Unión to be privatised. The facility was built at a cost of $187m and aims to enable the country to act as the regional distribution hub.
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NewsVirginia port probe to go deeper
Virginia Port Authority’s top-to-bottom shake-up will leave no stone unturned in its quest to make the port more competitive on the US East Coast, the state’s transportation secretary has declared.
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NewsCapacity shortage cripples Indonesian ports
Shipping lines are unable to offer mainline services from Indonesia to North America and Europe because of a lack of port capacity, Jakob Friis Sorenson, president director of Maersk Indonesia, has claimed.
