World News – Page 392
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Newcastle growth
Newcastle''s Port Waratah Coal Services is to invest over A$1bn (US$937m) in an expansion to be completed after 2010, increasing production at the terminal by 40%. It will include new coal-handling equipment, a new berth and dredging.
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NewsInvestment boom for Central America
Central American ports plan to invest more than $1bn on modernisation to cash in on the expansion of the Panama Canal and to capitalise on new trade agreements signed with Europe and the US.
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Santos Imbituba move
Santos Brasil has been awarded a 25-year concession to operate a container terminal in the port of Imbituba in Santa Catarina state, for which the company will pay $72m. Capacity will be 950,000 teu/year, with investment of $170m earmarked.
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Liebherr scores in Africa
Over the period of the last five years the Liebherr mobile harbour crane population in Africa has more than doubled, reaching 42 in total. Last year saw Liebherr handing over a record 11 mobile harbour cranes to various African customers, accounting for 13% of the complete sales volume. This represents ...
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Auckland lays out plan
Optimising container terminal capacity through new plant and systems development, and adding incremental reclamation through dredgings, are key elements of the Port Development Plan published by Ports of Auckland. Currently handling 773,200 teu, the port is predicting 4.22m teu by 2040.
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New Manzanillo terminal
A tender covering operation of the container terminal at the port of Manzanillo, Mexico, will be issued in June. This will also involve expansion of capacity at the terminal to 4.5m teu.
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New port plan for Ukraine
The Transport and Communications Ministry in Ukraine has produced a new port development strategy, allowing ports to be operated on a landlord basis.
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Bumper year for APM
APM Terminals ended 2007 with a net profit of $411m compared with $99m for the previous year. Throughput amounted to 31.4m containers, an increase of 13%.
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Doosan does it for Singapore
PSA has awarded a S$160m (US$118m) contract for 79 rubber-tyred gantry cranes (RTGs) to Doosan Heavy Industries and Construction from South Korea. The RTGs will be deployed at PSA''s new berths at Pasir Panjang Terminal to cater for rising shipment volumes: PSA has seen a 12% growth compared with the ...
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NewsBabcock & Brown fire up India
Ports are set to benefit from the recent move by Babcock & Brown to add considerable firepower to its India efforts by luring six professionals from ABN AMRO, including the new head of India operations, Manikkan Sanganeswaran.
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NewsTanzania commits $62m for Dar expansion
Tanzania International Container Terminal Services at the port of Dar es Salaam is to be expanded at a cost of $62m.
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NewsSafety crackdown for Australian stevedores
Australia is to enforce a national health and safety code for stevedoring after a series of accidents in ports over the past 18 months.
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Tecondi ups capacity
The Tecondi container terminal at the port of Santos in Brazil plans to increase capacity by 180% to 700,000 teu, which is equivalent to 29% of all containers handled at the port of Santos in 2006. This will require investment of $102m.
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Cavotec celebrates European opening
John Polatz, investor relations director with New Zealand-headquartered Cavotec MSL, believes the newly-signed contract with Denmark''s Nordic Ferry Services will prove vital to sales of its vacuum mooring units in Europe.
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Monopoly concerns in Ecuador
The Association of Ecuador''s Private Port Operators has asked the government to avoid creating monopolies.
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Second quay for Coronel
The Chilean port of Coronel is to raise $20m of new capital for the construction of a second quay and also to finance other investments. The port, which is Chile''s main outlet for forestry traffic, needs the extra three berths to boost cargo to 3.5m tonnes.
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Vietnam favours steel over containers
Vietnam has halted work on the construction of its first international container terminal and instead shifted resources to the construction of a steel mill promoted by the South Korean company Posco.
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Victoria's opening
Victoria''s newest terminal operation, Port of Gippsland, is expected to be open for business this month. Gippsland Maritime Logistics will run the terminal as a common-user offshore support facility.
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Spanish stevedores seize labour company control
Stevedoring companies have taken equity control of 19 of the 36 Port Labour companies in Spain, which will become Economic Interest Port Groups (APIEs).
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St Petersburg jurisdiction change
Jurisdiction of the port of St Petersburg may well be transferred to the local authority in the near future on the back of new legislation planned for the autumn. St Petersburg is also expected to become the first in Russia to be a designated a Special Economic Zone.
