World News – Page 349
-
News
Double whammy for Brazil's Vitoria
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 ...
-
News
Break bulk cargo crippling Saigon
Limited capacity at Saigon port in Vietnam has led to unprecedented congestion of break bulk consignments. A maximum of 25 vessels can access berths at any one time and in recent months more than 15 vessels have been forced to wait at anchor for want of available slots. The Port ...
-
News
DP World to sell equity stake as profits fall
Dubai-based private equity fund, Abraaj Capital, has been linked to a 15% stake in DP World, an approach that has been confirmed by the terminal operator.
-
News
Government out of time on Farfán
Local sources claim that the proposed Panamanian mega-port of Farfá n will not now be implemented by the current government, which to date has been one of its biggest backers. Numerous attempts to build the port have been paralysed by a number of legal challenges.
-
News
Deadline extension for Colombo South Harbour
Bidders interested in building and operating the South Harbour at the Sri Lankan port of Colombo have been given a deadline extension until July 15, to compensate for changes that were introduced to the terms and conditions. The initial deadline had been set at June 15.
-
News
SP-PSA starts up with 'Alexandrite'
SP-PSA International Port, Vietnam''s first deep sea container terminal, has celebrated the official start of operations at its new terminal in Ba Ria - Vung Tau province with the arrival of the APL Alexandrite.
-
News
Graduates for APM leadership
Graduation ceremonies were held in May for the APM Terminals Magnum/Magnet leadership class of 2007 in The Hague, Netherlands.
-
News
SSS terminal tender at Barcelona
Barcelona port authority is scheduled to issue a tender in respect of a new short sea terminal in the third quarter of this year, some 12 months later than originally planned. Expected to bid are two Italian operators: Grandi Navi Veloci and Grimaldi Ná poles.
-
News
Port Said tariff incentives
Port Said Container and Cargo Handling Co has implemented a range of pricing discounts to encourage exporters, importers & investors to co-operate with its container terminal and dry port. The incentives include a 50% reduction in reefer power tariffs and 10 days free storage of import containers.
-
News
Prescott Lock opens
The new Prescott Lock, which gives barges of up to 350 tons direct access via the Thames and Bow Back Rivers to the UK''s London Olympics site at Stratford, has opened.
-
News
Southampton hosts futures debate
Southampton Port is to play host to the UK''s annual Port City Futures Convention on July 13.
-
News
NZ port sector requires government "nudge"
Port of Tauranga chairperson John Parker believes a "nudge or two" from Government is required to encourage councils to take a commercial view of their dominant port sector shareholdings.
-
News
Aussie port development reaches astounding levels
The level of port development underway or planned in Australia is astounding. Major coal port expansions are in progress at Newcastle, Hay Point/Dalrymple Bay, Gladstone and Abbot Point and at least two new coal ports are in contemplation in Queensland.
-
News
Australian landside links under the microscope
After almost two decades of intense scrutiny of the performance of its container terminals, Australia is turning in new directions - to the landside links in the logistics chain, and to measurement of the efficiency or otherwise of its bulk ports.
-
News
Aus-NZ Feature Material from Dave Mac
The global meltdown has pushed many New Zealand and Australian port operators into survival mode. Dave and Iain MacIntyre report
-
News
Rational thinking
Port executives gathered at TOC''s annual European conference in Bremen this month called for rational thinking in this time of crisis.
-
News
'Worst year ever' for box port growth
Neil Davidson, director ports, Drewry Shipping Consultants, pulled no punches at TOC Europe when he told delegates the days of 20x Ebitda port valuations are over.
-
News
Global institute launches port cluster council
The Global Institute of Logistics (GIL) has launched a Port Cluster Governance Council to drive best practice at public-private partnership ports around the world.
-
News
'Cross roads' for NZ
Jens Madsen, managing director of New Zealand''s Ports of Auckland, has described the country as "at a cross-roads", warning that if it does not rise above a ''parochial'' mentality it could end up as a "spoke to Australia, rather than a hub of its own".
-
News
Assets ripe for the picking
Port Fund principal Ghislain Lorthiois has advised would-be ports'' investors to "revise their ways of asset valuations" if they want to secure future profitability.