World News – Page 348

  • News

    Port Klang corruption tackled

    2009-07-20T12:24:00Z

    Accusations of corruption at Port Klang Free Trade Zone have prompted the government to appoint a committee to oversee the re-launch of this body.

  • News

    Turbulent times for Auckland

    2009-07-20T12:24:00Z

    Ports of Auckland''s ownership and financial situation have been lambasted by Chris Carr, managing director of Auckland-based logistics company Carr & Haslam.

  • News

    Onshore power at Antwerp

    2009-07-19T12:24:00Z

    The world''s first Onshore Power Supply (OPS) facility with automatic synchronisation and 50/60 Hz conversion has been formally switched on at the Port of Antwerp.

  • News

    Brazil cancels hike in port fees

    2009-07-19T12:24:00Z

    The Brazilian government has suspended proposed port fee hikes for this year; instead, existing 2008 rates will apply until the end of the year. It justified the move by citing the need for domestic ports to remain competitive as a means of boosting the national economy.

  • News

    Marseilles grabs a bit of Pagny

    2009-07-18T12:24:00Z

    Marseilles Fos port is to take a 10% stake in a multimodal hub at Pagny in a bid to strengthen its hinterland connexions. Pagny is strategically located at the northern end of the Rhone-Saone corridor between Chalon and Dijon.

  • News

    Sydney's peak pricing criticised

    2009-07-18T12:24:00Z

    Small trucking firms have complained that they could be forced out of business by Sydney Ports Corporation''s proposed peak pricing scheme, which would charge a A$160 (US$127.5) fee per truck for daytime calls at the port. The Australian Trucking Association New South Wales branch has said this could require an ...

  • JULY_PS_Daniela_pic.jpg
    News

    Record for Rotterdam

    2009-07-17T12:24:00Z

    The 14,000-teu MSC Daniela recently became the largest container ship to have ever left the port of Rotterdam fully laden - a European record.

  • News

    Rodman work under way

    2009-07-17T12:24:00Z

    Civil works have begun at the Pacific port of Rodman in Panama, where PSA intends to build a container terminal to provide competition for the established Panama Port Company, which is a subsidiary of Hutchison Port Holdings. It will have a 450,000 teu capacity and absorb $100m as part of ...

  • News

    Indian government selects six new port projects to finance

    2009-07-16T12:24:00Z

    The new Indian government has promised to award contracts worth an estimated $692.7m for six port projects within the first 100 days of its administration. In addition, a further 23 projects will be analysed.

  • liscont2.jpg
    News

    Controversy dogs Liscont

    2009-07-15T12:24:00Z

    Liscont container terminal in Lisbon continues to be embroiled in controversy.

  • News

    Klaipeda courts private investment

    2009-07-15T12:24:00Z

    Klaipeda State Seaport Authority is seeking new private sector investment to develop infrastructure in the port. Incoming chief executive Eugenijus Gentvilas has stressed an urgent need for partnership with private capital, pointing out that existing port users should be given the possibility to make investment themselves. He added that with ...

  • Port Strategy:Ashdod does not need more competition, says incumbent
    News

    Ashdod port says no to new container capacity

    2009-07-15T12:24:00Z

    Ashdod Port Company Ltd has written to the Israeli government to state that no new container handling facilities need building in the port for at least 15 years.

  • News

    Tender issue for Boubyan island

    2009-07-15T12:24:00Z

    Kuwait is to issue a tender for the development of a port on Boubyan Island, located at the entrance to the waterway leading to Iraq''s main port in the Gulf.

  • News

    New York developments

    2009-07-15T12:24:00Z

    The port authority of New York and New Jersey (PANYNJ) has approved the lease extensions that will allow the operation and future development of its Howland Hook Marine Terminal on Staten Island. This means the 202-acre Howland Hook facility''s existing lease will be extended through to 2058.

  • Port Strategy: Hutchison has lost interest in Colombo's expansion
    News

    HPH backs away from Colombo tender

    2009-07-15T12:24:00Z

    Hutchison Port Holdings has pulled out of bidding for Sri Lanka''s Colombo South Harbour terminal.

  • Port Strategy: incumbent shunned in tender
    News

    PSA-Sical prohibited from Tuticorin bid

    2009-07-15T12:24:00Z

    PSA-Sical Terminals Ltd has been barred from bidding for the concession to operate a new container terminal at the southern Indian port of Tuticorin.

  • News

    Asciano heads to the market

    2009-07-15T12:24:00Z

    Australian ports investor Asciano is looking to the market to raise A$2bn (US$1.6bn) in order to reduce a debt burden estimated at A$4.9bn (US$3.9bn). The company examined a range of sale and recapitalisation offers in the knowledge that A$2.7bn (US$2.2bn)-worth of the debt is due to be settled this financial ...

  • News

    B&B fund finds new identity

    2009-07-14T12:24:00Z

    The part of Babcock & Brown that, among other interests, owns ICS Logistics, a leading operator of break bulk sea ports in Florida, Louisiana and Alabama, may have found a way out from under their parent company''s troubled shadow.

  • News

    Terminal 75 out to tender

    2009-07-14T12:24:00Z

    Kaohsiung Harbour Bureau is to issue an international tender for the concession to operate Terminal 75, which is to be vacated in August by Maersk. Previously, China Ocean Shipping group had been rumoured to have been offered a lease.

  • News

    Double whammy for Brazil's Vitoria

    2009-07-13T12:24:00Z

    There has been a double dose of good news delivered for the Brazilian port of Vitoria as, firstly, the Espirito Santo state government has promised to invest Reais242m ($125.4m) in the port and then Ports Minister Pedro Brito promised that the Reais117m dredging programme would be the next in Brazil ...