World News – Page 300
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NewsEnnore to go public
Ennore Port Ltd (EPL) has gained approval from its board for a public floatation, seeking funds of approximately $110m in return for 10% of its equity.
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Suape’s triple tender whammy
The North Eastern Brazilian port of Suape has issued tenders for three new terminals. Currently, Suape has five operational quays, with four more under construction. In all, investment will amount to $1.55bn over the next four years.
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GT closes for want of traffic
For the first time since it opened in September 1995, the Italian transhipment hub of Gioia Tauro was forced to close for 30 hours in January because of lack of traffic.
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Historic year for Uruguayan port traffic
Alberto Diaz, president of the National Ports Authority of Uruguay, has forecast that 2011 will be a record year for container throughput, beating the previous historic high registered in 2008. Last year, throughput rose 12%, with the last quarter setting new records.
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NewsEgyptian terminals dealing with backlog
Against an unpredictable political situation, Egyptian ports and terminals were still on their feet and working to clear congestion in February – although this could change with little notice.
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DP World quits Mina Zayed
DP World has ceded management of Mina Zayed to Abu Dhabi Terminals. It had previously enjoyed a five-new management contract at the site. ADT is a joint-venture between Abu Dhabi Ports Company (75%) and Mubadala Infrastructure Partners (25%). However, DP World will continue in the joint-venture it currently enjoys at ...
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APMT accused of anti-union practices
The International Transport Workers'' Federation (ITF) has accused APM Terminals'' Tanger-Med operation of adopting anti-trade union practices.
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Mumbai transhipment goal realistic
The prospect of Mumbai emerging as a transhipment hub in the near future has been held out by top port consultant, Sanjay Mehta, chief executive of Maia Intelligence.
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Eleven in the 10m teu club
In 2010, 11 ports registered traffic in excess of 10m teu. These were Shanghai, 29m teu (up 16%); Singapore, 28.4m teu (up 10%); Hong Kong, 23.3m teu (up 12%); Shenzhen, 22.5m teu (up 23%); Busan, 14.1m teu (up 19%); Ningbo, 13.1m teu (up 25%); Guangzhou, 1.5m teu (up 12%); Qingdao, ...
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APMT to build Monfalcone terminal
APM Terminals is working with the Unicredit Group to fund a new container terminal it intends to build at the northern Italian port of Monfalcone, viewed as a complimentary development of that already in place at Vado Ligure. It should enter service by 2015.
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Forth adds to its carbon credentials
Forth Ports PLC has added the Carbon Trust Standard to its environmental credentials after significantly reducing carbon emissions across the Group by over 4%.
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NewsCyclone damage kept to a minmum
Queensland''s ports have survived an onslaught from Cyclone Yasi, one of the most destructive cyclones to hit Australia in decades.
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RENFE trails 730-metre block trains
The freight division of Spanish National Railways (RENFE) has begun trials with 730-metre block trains between Valencia and the inland container terminal at Coslada near Madrid. Initial services were composed of 50 container flats conveying combined load of 101 teu.
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News‘Dirty bomb’ fears in Genoa
The dilemma of a container at Genoa found to be containing radioactive material is a ‘security and ecological disaster’, according to container scanning expert Joe Alioto.
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NewsControversy hits Callao concession
Despite an initial judgement to allow DP World to bid for Callao’s Muelle Norte terminal, the claim that this would result in a net loss for the country has reached Peru’s Superior Court.
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NewsUS budget cuts run counter to depth
Georgia Ports Authority''s request for $105m from America’s 2012 fiscal budget for deepening works at Savannah has been refused.
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DP World volumes up
DP World announced it handled 49.6m teu across its 50 terminals in 2010, an increase of 14% against the prior year.
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DP World – a model worth studying
American business students would learn a great deal from DP World’s business model: that’s the conclusion from a group of academics from some of America’s leading universities who visited the company’s HQ and facilities at Jebel Ali.
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Sinotrans to partner Nanjing port authority
Nanjing port authority has signed a contract with Sinotrans to undertake a $155m restructuring of the river port. Sinotrans will take a 45% stake in the new Nanjing Port Group; it already has a 10% stake in the new container terminal.
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NewsICTSI makes ‘best-managed’ list
International Container Terminal Services, Inc (ICTSI) was recently included in Euromoney’s Best-Managed Companies in Asia for 2011.
