World News – Page 407
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Valencia vehicles development
Valencia Terminal Europa is to invest ¢ 15.7m in a new vehicles terminal at Dique del Este in the port of Valencia.
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Foreign groups linked to Iranian investment
ICTSI and India's Hinduja Group have both been linked with a possible 45% equity acquisition involving Iran's Tidewater Middle East Marine Services Company, which is currently owned by the Ports and Shipping Organisation.
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Malaysia relaxes crane import restrictions
Malaysia is to relax laws allowing local operators to import cranes from abroad.
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Vietnam seeks maritime investment
Vietnam is seeking investment from both domestic and foreign sources to expand and develop the country's ports sector, expected to handle 200m tonnes of cargo in 2010 and 400m tonnes in 2020.
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CMA CGM in Xiamen investment
CMA CGM, in partnership with Xiamen municipality and Hong Kong-based New World Services, is to undertake a joint-venture construction of a new container terminal at Haicang, in the port of Xiamen. This is due to enter service in 2009.
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New box terminal in Jacksonville
Mitsui OSL Lines'' dedicated container terminal in the US port of Jacksonville is due to become operational in early 2009. It will be known as the TraPac Jacksonville terminal and will be operated by MOL via its TraPac Inc subsidiary as part of a concession granted in 2005.
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Extra 1.2 million TEU capacity for Santos
The proposed new Brasil Terminal Portuá rio (BTP), which is to be built in the port of Santos, will move 1.2m teu/year, the equivalent of 75% of throughput reported at the port in 2006. Europe Terminal, the biggest shareholder in the project, says the facilities will be built on the ...
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Humber VTS upgrade
Kongsberg Norcontrol IT has completed an extensive £ 1.1m upgrade to the UK''s Humber Estuary vessel tracking system (VTS). Kongsberg was commissioned by Associated British Ports Hull & Goole to ensure safety of navigation as shipping traffic in the region increases year-on-year.
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Tampa cement deal set
Tampa Port Authority has signed a 40-year lease with Dominican Republic-based construction materials company Andino Cements. As part of the agreement, Andino will develop approximately 28 acres of Port Redwing''s 130 acres to import, store and distribute aggregate, cement and related products.
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Chinese up capacity at Yangtze river port
China''s largest steel maker, Baosteel, is to double the capacity of Majishan port, located at the estuary of the Yangtze River. The expansion will encompass new berths capable of accommodating vessels up to 300,000 dwt, boosting capacity from 26m tonnes to 50m tonnes/year.
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Sweden presents top ten
A report commissioned by the Swedish government has delivered a top ten list of ports that should be prioritised for state investment.
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$70 million earmarked for Buenaventura
In 2008, the Columbian port of Buenaventura will become the country''s most important following an investment package of $70m. In all, $33m is to be invested in equipment and $30bn in infrastructure upgrades, among other things.
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Dave Mac Aussie News Briefs
Geraldton''s iron ore export capability has stepped up with the arrival of a new high-capacity iron ore shiploader. Capacity will move from 3.5m tonnes of iron ore per annum to 12m.
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Maersk to build ICD near Chittagong
Maersk has put forward plans to build an inland container depot near the port of Chittagong as a means of reducing congestion at the seaport. The facility, which will cover 100,000 sq m, will cost $20m to build.
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Botany extends hours
Heavy truck congestion at Port Botany has prompted P& O Trans Australia to further extend its operating hours. POTA says it is up to road transport operators to make use of its 24-hour weekday operating hours.
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Los Angeles ports to be handling 42.5 million TEU by 2030
The Californian ports of Los Angeles and Long Beach are predicted to handle 42.5m teu by 2030.
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Russia expands port capacity
Russia Transport Minister Igor Levitin has revealed plans to build a new port at Nakhodka, near Vladivostok, capable of handling 5m teu/year.
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Traffic up at Lisbon
Traffic at the port of Lisbon increased by 11.6% to 10.4m tonnes in the first three quarters of 2007. Container throughput increased by 10% and dry bulk tonnage by 16.6%. River traffic was up 57.2%.
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Iquique drowning under cars
The northern Chilean port of Iquique is struggling to cope with an increasing amount of new vehicles traffic imported by the users of the adjacent Free Zone. As a result, the port company, EPI, is to ask permission to undertake a southern extension of the port covering 4.5 hectares.
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Kerala to build five ports
The Indian state government of Kerala is to develop five more ports in addition to the proposed Vizinjam container transhipment terminal. A consultant for the process is currently being sought.