World News – Page 355
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No holding back on Brazilian port investment
Brazil''s Special Secretariat for Ports has guaranteed that, despite the world financial crisis, investment to upgrade and expand both public and private ports will not suffer short-term cuts.
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Two Tianjin terminals merge
Tianjin Port Development (TPD) has acquired 56.81% of rival Tianjin Port Holdings, which also manages the Chinese Port. TPD is to issue new shares to finance the $1.4bn transaction.
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Antwerp decline 'not unexpected'
Belgium''s Antwerp port has seen the total volume of goods handled in the first quarter of 2009 slump 19% on the same period last year, falling from 46.2m tonnes to 37.3m tonnes.
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NewsTacoma recognises cleaner customers
The Port of Tacoma Commission has recently applauded the take up of a collaborative program to reduce emissions from trucks that serve the port - which includes putting together a list of trucking companies that meet the modern emission standards and helping those that don''t, along with other efficiency strategies.
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NewsPunta Colonet document delay
No tender documents or bidding rules for the new Punta Colonet port in Mexico are now expected to be issued until early next year.
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APM Terminals blows hot and cold at Tanger-Med
APM Terminals has written to Tanger-Med Special Agency announcing its intention to reschedule investment in Tanger-Med II.
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DP World remains profitable
DP World reported profits in 2008 of $621m, an increase of 48%. Revenue went up 20% to $3.23bn, while throughput rose 15% to 27.7m teu. Cash generated by operations rose 12% to $1.06bn.
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NewsTCB loses ZIM and Evergreen to rivals
Barcelona Container Terminal (TCB) has reportedly lost about 20% of its total traffic due to defections to other terminals.
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NewsSalonika kills concession concept
Salonika Port Authority has officially confirmed its decision to cancel the international tender to find a concessionaire for its container terminal.
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K Line scoops green award again
Shipping line and operator K Line has been awarded the coveted Green Flag Award by the Port of Long Beach for the fourth consecutive year for its contribution to environmental conservation in 2008.
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Nine bid for Chennai
Nine bids were received to build the planned Chennai Mega-Container Terminal, which will be implemented as part of a build-operate-transfer contract lasting 30 years. The project requires investment of $730m over four years.
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NewsShippers' council takes lead on 'big ships'
Recommendations on how the next generation of international vessels should best be accommodated in New Zealand will soon be delivered by the New Zealand Shippers'' Council.
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Ying Kou in massive Chinese investment
The Chinese Ying Kou Port Group is to invest $439m this year on building new ports and terminals, which include dry bulk and oil handling facilities.
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CPP to buy Virginia port assets
US company CenterPoint Properties, which is heavily involved in property and infrastructure investment, has put forward an offer to acquire the port activities of Virginia Port Authority, which owns Virginia International Terminals that in turn operates Norfolk International Terminal, Portsmouth Marine Terminal and Newport News Marine Terminal, in addition to ...
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Traffic meltdown at Durban
Durban Container Terminal reported a 15.6% drop in the year-on-year traffic between December and February. Had transhipment traffic not risen the downturn would have been around 29%.
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Botany reform to tackle congestion
The third trial of the New South Wales Government''s Port Botany reform, which will introduce peak pricing for the first time, will start mid-June. In it, Sydney Ports Corporation will examine the impact of off off-peak pricing to relieve truck congestion. Trial two will measure stevedores and truck operators'' standards ...
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NewsTo liberalise or not to liberalise?
Nazery Khalid weighs up the merits of a liberalised port tariff regime in Malaysia
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Dalian port buys Jinzhou
The Dalian Port Group has confirmed it is to buy Jinzhou Port this year. In 2008, it was revealed that Dalian Port would acquire an 18.9% holding at the cost of $278m, making it the second largest shareholder.
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Liverpool equipment spend
Liverpool committed £ 6.5m to its Seaforth terminal in the last quarter of 2008, buying a £ 5.1m ship-to-shore Liebherr gantry and three new Noell straddle carriers from Germany at a cost of £ 1.4m. The gantry crane will have the capability to corner on to the terminal''s Berth S6, ...
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NewsWork begins on new Swedish port
A major new port project is about to enter into construction. The city of Malmö has signed an agreement with Skanska Sweden to build a facility in Norra Hamnen.
