World News – Page 351
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NewsA bounce after the downturn?
French cargo port Marseilles Fos is pondering if its recent throughput could indicate "a return to normal" after container and oil volumes begin to claw back from a decline caused by the global economic crisis.
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New port at Baku
The Transport Ministry in Azerbaijan is to start construction of a new deep sea port close to the village of Alyaty in Baku district in 2010. Originally, work was due to start in 2009, but will now be implemented in three stages and completed in 2016 at a cost of ...
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Peru Ports
Japanese and Korean investors will finance the private initiative submitted by Minera de los Andes y el Pacifico (MAPS) for the concession of the port of San Juan de Marcona in Ica, which has a total investment of $2.2bn, Peru''s National Port Authority (APN) has reported.
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Townsville cash boost
The port of Townsville is to get an A$50m (US$37.7m) injection from the Federal Government to improve navy infrastructure. The funding will be used to upgrade unloading facilities for new naval heavy landing ships and to extend the port''s berth 10 to accommodate handymax and handysize commercial ships.
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NewsNew York & New Jersey
The Ports of New York and New Jersey handled a total 88.9m tonnes last year, up 1.9% on 2007, but containers were down 0.6% to 5.26m teu.
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NewsOECD calls for NZ infrastructure improvement
New Zealand needs to reduce domestic infrastructure bottlenecks and maximise the efficiency of its international maritime trade, according to the Economic Survey of New Zealand 2009.
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NewsJaxport figures
Jaxport''s tonnage figures for the six months to end of March show increases in containers, steel, lumber and liquid bulks, which have gone a long way to offsetting a 20% fall in vehicles, and a fall in breakbulk and dry bulks. The result is an overall 4% decline.
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Docks rating group points it out
The Humber Docks Rating Group has asked Secretary of State, Hazel Blears, to take the burden off UK ports and remove the current, unworkable situation which was implemented in the pre-Budget report last November.
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Stake in Israeli ports up for grabs
The Israeli government is planning to offer a 49% stake in both Ashdod Port Company Ltd and Haifa Port Company Ltd in 2011 in shares that will be listed on the Tel Aviv Stock Exchange. Arrangements to do this have already been included in the Ministry of Finance''s 2009 economic ...
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Brazil to revamp port law
Brazil''s Special Ports Secretariat (SEP) is set to publish a revised law governing private terminals in national ports.
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'Co-ordinate Australian port investment'
Ports Australia executive director David Anderson has called for Australia''s three levels of government to co-ordinate their investment in regional ports and the supporting supply chains.
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No immediate need for second Durban port
South African state transport company Transnet has dismissed the need to build a second port at Durban.
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NewsPositive investment
While overall the cargo statistics make gloomy reading, ports on the US East Coast are far from defeated, as Felicity Landon discovers
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Valencia stands tall amid downturn
Despite virtually every other Spanish port losing business, container throughput at Valencia rose by 5% during the first three months, prompting the port authority to accelerate its North Access project.
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Car terminal stalls at Lázaro Cárdenas
The current global economic downturn has effectively put back the date for the issuing of a tender for a new vehicles terminal in the Mexican port of Lázaro Cárdenas.
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Tallinn bonds a success
In April, the port of Tallinn issued five-year bonds totalling ¢ 20m ($27.2m); the issue was fully subscribed by Swedbank AS. The money raised will be used to finance investments, including the expansion of Muuga Container Terminal and Quays 8 and 9 at the Paldiski Southern Port.
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NewsJordan port study
A field study for a new port in the Gulf of Aqaba on the southern tip of Jordan has been completed.
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Schedule slips for fourth JN box terminal
The original bidding deadline of April 30 established by the Indian port of Jawaharlal Nehru for its proposed fourth container terminal is now been extended to June 1.
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NewsWell connected
According to the nation''s Federal Waterways and Shipping Authority, inland water transport accounts for around a fifth of western Germany''s total domestic long-distance transport volume. Bulk goods are the usual commodities but ro-ro container figures were, in 2008, beginning to rise.
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NewsAn end to port gloom in sight
The port downturn has bottomed-out, according to a leading industry commentator speaking at the International Association of Ports and Harbours (IAPH) event taking place in Genoa this week. But the caveat was that recovery will be a drawn-out process.
