World News – Page 396
-
News
Eurogate on a roll
In 2007, the Eurogate group handled a combined 13.87m teu, which was 10.6% higher than the previous year. Bremerhaven and Hamburg saw traffic rise by 12% to 7.8m teu; Contship Italia reported an 8.8% hike to 5.82m teu.
-
News
PSA box traffic system first
PSA International has introduced the first Containerised Traffic System (CTS) in Asia at its facility at Pasir Panjang terminal in the Port of Singapore.
-
News
Boston throughput record
The port of Boston set a new throughput record for containers in 2007. This sector increased 10.1% to 220,341 teu.
-
News
Tideworks Asian debut
Software developer Tideworks has opened a regional office in Singapore to better serve its growing Asian clientele.
-
News
Cavotec boost
Cavotec MSL Holdings has achieved a comparable 8.7% rise in after-tax profit to NZ$14 million dollars and 16.9% increase in revenue to NZ$247.3 million for the calendar year to December 31.
-
News
WCO wants African ports privatisation
Michel Danet, secretary general of the World Customs Organisation, speaking recently in Africa, recommended that the continent''s seaports be privatised so that they can meet international standards and cope with big changes currently sweeping the industry.
-
News
Westport future in jeopardy
Holcim New Zealand has been granted all consents sought to operate a cement plant and associated quarries and pits at Weston near Oamaru.
-
News
Gulftainer continues overseas expansion
United Arab Emirates-based terminal operator Gulftainer is currently negotiating with authorities in both Turkey and India with a view to assuming managerial responsibilities of maritime assets. Both container and general cargo traffic is reportedly being considered.
-
News
Santa Fe on the move
The Argentinian port of Santa Fe has been given a $25m loan, which will be used to relocate existing port facilities to the right bank of the Paraná River.
-
NewsPanama Canal forecasts revenue increase
The Panama Canal is forecasting continuing growth for fiscal 2008, despite the economic problems currently faced by US.
-
News
Portland takes control
The Port of Portland is to take control of its tug, pilot and lines boat operations. The acquisition is seen as ensuring local interests are safeguarded against acquisition by a larger operator which could be tempted to relocate the modern vessels elsewhere.
-
News
Two new Chilean ports
Seven bids have been received for the privatisation of the Chilean ports of Chacao and Punta Coronel, with 15 companies represented overall. Work is expected to commence in the second half of 2008 for slated completion in the second half of 2009.
-
News
MISC dedicated to PTP
MISC has signed a memorandum of understanding with the Port of Tanjung Pelepas to create a joint-venture to manage a dedicated container terminal at the port.
-
News
Albania port proposal
The government of Albania has received a ¢ 500m ($765.6m) proposal to build a new container port at Vlora. This was put forward by an Anglo-Swiss company, Zumax, which also proposes to build a surrounding industrial estate. At present, all Albanian container traffic is channelled through the port of Durres, ...
-
News
Planners approve major expansion in warehousing at Liverpool
Planners have given the go-ahead for the second phase of development of Liverpool Intermodal Freeport Terminal (LIFT).
-
NewsPLA reception
The Port of London handled over 50m tonnes for the seventh consecutive year in 2007, increasing volumes overall by 800,000 tonnes compared with 2006, Port of London Authority (PLA) chairman Simon Sherrard announced at the PLA''s annual reception.
-
NewsCFM accused of mistreating workers
CFM, the company that owns ports and rail companies in Mozambique, has been accused of violating workers rights following massive redundancies in recent years.
-
News
Rotterdam delivers Indian view
India should develop large-scale industrial and logistic clusters and encourage more private investment, a recent report on Indian ports prepared by the port of Rotterdam has found.
-
News
Welcome cash boost for Adelaide
DP World Adelaide has earmarked A$35m (US$32.7m) to be invested in the upgrade of its facilities in the port.
-
News
TT Club limits crane exposure
Substantial insurance claims loom following accidents at two UK ports this year, but the exposure of the major mutual insurer TT Club will be limited to $1m in each case. Reinsurers will have to meet claims above the club's standard claims retention.
