World News – Page 311
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NewsClash of the titans
The economic meltdown has forced South Africa to hold back on the next development phase at the new Port of Ngqura, reports Denis Gathanju
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NewsOdessa’s dream founders on summit
Despite being hit very hard by the slump, the Black Sea region is on its way back – but Odessa’s dream of hub status remains unlikely to be fulfilled.
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NewsTremendous growth ahead - for some
“The crisis is over” Kim Fejfer of APM Terminals told CNN news, but there’s a sting in the tale of the forecast.
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NewsIraq’s gateway moves forward
The proper start to commercial operations at Umm Qasr’s Berth 8 marks a small but significant step in the development of Iraq''s infrastructure, with the mobile harbour cranes presently on their way.
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Barranqueras port to re-open
Strategic studies funded by the United Nations suggest that the reactivation of Argentina’s port of Barranqueras is key to improving transport in South America''s central corridor. In the 1920s, the port was second in importance only to Rosario in the Paraná region. However, extensive dredging work will be required before ...
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ICTSI to expand Latin American investment
International Container Terminals Inc is to invest $600m in expanding its activities in Latin America over the next two years. The investment is targeted at terminals in Mexico, Argentina and Colombia, where capacity will be raised by 1.5m teu/year.
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Sohar seeks bulk operator
Oman’s port of Sohar is in the process of selecting an operator for its new bulk terminal, which will handle both aggregates and minerals.
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Box seconds for Dar es Salaam
Tanzania Ports Authority has been ordered to find a competent investor to operate a second container terminal, which will end the current monopoly enjoyed by Tanzania International Container Terminal Services (TICTS).
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India to triple capacity within 10 years
India’s shipping minister has announced plans to triple capacity within the next 10 years, stating that ports are vital to sustain India''s economic growth. Capacity will be boosted to 3.2bn tonnes as part of the plan, exact details of which will be issued at the end of September.
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Valparaiso and San Antonio tenders get green light
Chile''s Public Companies System (SEP) has approved the issue of tenders for new terminal concessions in the ports of San Antonio and Valparaiso.
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New Spanish Ports Law enacted
In August, Spain passed new legislation amending its Ports Law governing common user ports, which was first introduced in 2003.
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Flinders investors divest stakes
Two investors have divested their holdings in South Australian ports operator Flinders Ports.
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APS and Zebra partnership
APS Technology has partnered with Zebra Enterprise Solutions to integrate the former’s optical character recognition portals and driver kiosks with the latter’s terminal operating system at Gulf Stevedoring Contracting Company (GSCCO) Jeddah and Jubail terminals. GSCCO operates three of the largest ports in Saudi Arabia and is in the process ...
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Oakajee users sign MoUs
Three foundation customers have been obtained to underpin the proposed Oakajee deepwater port in Western Australia.
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NewsChinese ports to benefit from waterways push
The prominence of China’s river ports is to increase as a result of rising fuel prices, worsening road congestion and a search for greener forms of transport, according to a new report.
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NewsRussian assets ‘earmarked’ for acquisition
A new venture is on the lookout for Russian port acquisitions and has already created a fund to pursue opportunities in “the complete logistics chain” in the region.
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China Merchants to operate Colombo terminal
China Merchants Holdings (CMH) has signed a $450m deal with Sri Lanka Ports Authority (SLPA) and the local conglomerate Aitken Spence to build a new container terminal at the port of Colombo.
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Altamira extension on track for 2011 opening
Three-quarters of Altamira’s expansion work has been completed, with operations scheduled to commence in the first quarter of next year, according to officials.
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Wanganui council regains port
Ownership of Wanganui Port has returned to the district council in a NZ$2.75m (US$2m) deal with former port leaseholder, River City Port (RCP).
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Mundra to get major investment
The Adani group is to invest $1.2bn in the Mundra Port and Special Economic Zone over the next five years. The aim is to reach 200m tonnes in throughput by 2020.
