World News – Page 296
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Barcelona invites bids for Costa concession
Barcelona port authority has an exclusive wishlist for a concessionaire for its new Costa Quay, which it hopes will be awarded without an international tender.
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Oakajee $4bn development on track
Joint owners Mitsubishi Development and Murchison Metals are on track to begin building the A$4bn (US$4bn) Oakajee Port and Rail project in Western Australia later this year. Construction will continue until the end of 2014 and the first ore shipment from the initial capesize berths will be in early 2015.
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Japan funds Vietnam port development
Japan''s overseas aid agency, JICA, is to team up with Japanese companies to build a Y140bn ($1.7bn) port in northern Vietnam, the Financial Times has reported.
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Unified concession process mooted
The Chilean Senate has asked the Ministry of Transport and Telecommunications to establish a single national port concessions process that includes a means of guaranteeing the rights of dockworkers in terms of social security and pensions.
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Beypore tender deserted
There were no bidders for a global tender to develop the Indian port of Beypore, despite the initial deadline having been extended at the request of two potentially interested parties. The port requires $36m, which it intends to raise through a public-private partnership scheme.
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NCC lets go of NUTEP operation
First Quantum Group and its long-standing partner, Andrey Kobzar, have sold their 50% stake in the NUTEP (Novorossiysk) container terminal to an external investor for $115M.
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Mundra SEZ wins east-coast coal project
Mundra Port and Special Economic Zone (MPSEZ) has won a contract to develop a coal import terminal at Visakhapatnam.
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Growth gap narrows – for a while
When the figures come in for 2011, they might point to a narrowing of that widening growth-rate gap between the mature and emerging markets. But don''t open the champagne.
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Santos goes supersize
Santos has secured funding of $679m to develop new container and liquid bulk terminals, significantly increasing the port’s present capacity.
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Potent plans for Abu Dhabi
A number of new port developments are planned in the Western (Al Gharbia) region of Abu Dhabi, adding to the emirate’s aggressive port expansion plans.
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Dragados-SPL rebrands as Noatum Ports
Dragados-SPL - the Spanish port terminal operator with equity stakes in container operations in Bilbao, Valencia, Malaga and Las Palmas, and in general cargo terminals in Santander, Castellón and Sagunto - has been renamed Noatum Ports.
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The sell-off quandary
Experts in Kenya are divided as to whether the port of Mombasa should be privatised or not.
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EU infrastructure project win
The European Union is to finance 51 infrastructure projects costing a combined €170m ($241m) as part of its Trans-European Transport Network. In Italy, the River Information Services in the Northern Italian Waterway System will be financed, as will the Adriatic Gateway project.
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DP World second West Bengal project
DP World has been linked with a new container port development at Kulpi in West Bengal, with negotiations said to be at an advanced state. The project, claims DP World, would be viable given an ongoing shortage of capacity in India.
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South American spurt for ICTSI
International Container Terminal Services, Inc (ICTSI) reported 2010 results of $527.1M from its port operations, an increase of 25% over last year.
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NZ port productivity slammed
New Zealand Business Roundtable executive director Roger Kerr has strongly criticised the productivity of the local port sector.
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Las Palmas first in Spain with stevedoring reforms
The port of Las Palmas has become the first in Spain to convert its port labour company, Sestiba, into a port stevedoring management company with limited liability (Sagep).
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Sagunto investment crisis
The current economic crisis has meant that €300m ($425.4m) of investment in the Spanish Mediterranean port of Sagunto has yet to go ahead. This was committed to the southern expansion of the port, where three new terminals are planned: one for dry bulk and two for general cargo.
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New Basra super port mooted
Iraq''s Transport Minister has announced that a tender will be issued by the end of this year for a multi-billion-dollar port south of the city of Basra.
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Buenos Aires concessions to be re-visited
Argentina''s General Ports Administration (AGP), which oversees operators at the port of Buenos Aires, is to undertake an integral analysis of concessions following recent requests for them to be renewed.