World News – Page 298
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NewsFuel alternatives will depend on terminals
Japan has appealed for calm, but acknowledges there is “cause for concern”. The government is at the moment fighting not one, but three related disasters, the last being the nuclear power plant issue.
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NewsICTSI's Croatian win is just the start
International Container Terminal Services Inc (ICTSI) has won a 30-year contract for the operation and development of the Adriatic Gate Container Terminal (AGCT) in the Port of Rijeka, Croatia''s principal seaport.
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NewsTurkey influences Black Sea plans
One of the themes from the recent Port Finance International’s Black Sea conference was Turkey’s development – which is helping to push other player’s plans onto the back burner.
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NewsForth Ports bid sign of improved prospects
Another potential suitor has thrown its hat in the ring for control of Forth Ports, the UK’s last independent listed port operator.
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NewsHPH Singapore listing makes waves
Oversubscribed and reportedly closing a day ahead of schedule, Hutchison Port Holdings Trust’s $5.8bn initial public offering has proved renewed investor interest in the ports sector.
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NewsEU launches common language project for ports
A new European information highway project aims to develop a ‘middleware’ system that will enable all parts of the supply chain to talk in the same language.
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NewsPulling the green strands together
One problem bubbling up throughout the industry but not yet formally on the East Asia agenda is its ''greening''.
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Chinese eye port opportunities in Papua
Nine Chinese companies have indicated an interest in building new ports in Papua and West Papua. Locations so far identified are Sorong, Biak and Jayapura, with the latter scheduled to become a dedicated container terminal.
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NewsMombasa privatisation plans stall
Kenya’s government has shot down plans to privatise Mombasa port, contrary to a proposal from its Transport Ministry and against World Bank advice.
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NewsSydney penalises under-achievers
Sydney has flicked the switch on a penalty system for underperforming stevedores and truckers, following a month-long trial.
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Global Ports to expand port investment
Russian company Global Ports Investments has hinted that it is to acquire new port assets in the near future, although declined to give specifics. The group, Russia''s largest container terminal operator, is owned by N-Trance.
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Two new ports for Indonesia
Indonesia''s Ministry of Public Housing is to shortly commence construction of two ports, at Tanjung Bulu and Tanjung Bumi, costing a combined $1.12bn. These will ease pressure on Suramadu Bridge and also at Tanjung Perak port. The latter is operating at its peak capacity of 1.3m teu and is also ...
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Costa Rica to modernise ports
The government of Costa Rica is intent on modernising its national port network, which currently occupies the 128th position in the world ranking of container terminals.
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Indra signs major Portuguese deal
The Spanish company Indra has signed an agreement with the Portuguese ports of Leixões, Lisbon and Sines, which will involve the implementation of the second generation of the Single Port Window (JUPII) management system.
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Cadiz to have new box terminal
Cádiz port authority has issued a tender for the first phase construction of new container terminal. The reference price is €90m ($123m) and work must be completed within 46 months. It is not known if the existing container operator, Concasa, whose own concession expires in 2013, will bid or not.
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Maputo to increase capacity
Maputo Port Development Company has announced it is to invest $750m to increase its cargo handling capacity. By 2043, it hopes this will be 45m tonnes per annum, compared with the current level of 8.7m tonnes. When the company first assumed operational control in 2003, Maputo was handling just 5m ...
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Massive Indian investment in ports
India has announced a combined $110bn package to develop its ports and shipbuilding industry by 2020.
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Short time working at Malaga
Malaga''s port labour company, SEMA, is to introduce short time working, which will affect 72 of its 180 stevedores. This is the result of a decision by Maersk to substantially reduce the amount of containers it handles in the port.
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Nigerian port labour force decimated
Christopher Borha, the general manager of Nigerian Ports Authority responsible for corporate services and strategic planning, says that when Nigeria embarked upon its port concession program in 2006, it lost 10,000 either highly skilled or unskilled dockworkers. In all, the workforce was cut from 14,000 to just 4,000 today. In ...
