World News – Page 414
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NewsIberian feature
Both Bilbao and Algeciras have pursued the risky strategy of expanding without commitments from lines, as Alex Hughes discovers
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NewsBabcock & Brown swoop on Finnish assets
Australia''s Babcock and Brown Infrastructure (BBI) has splashed out ¢ 90m ($127.7m) on two Finnish concession port operators, expanding its European portfolio.
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NewsHippo Bouys for Milford Haven
FenderCare subsidiary Hippo Marine has been selected by Milford Haven Port Authority (MHPA) to supply five navigational buoys, including moorings, for the new South Hook LNG terminal development.
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NewsSt Petersburg investment kicks off
Investment and port operations group Oslo Marine Group has committed to a three-year re-development programme at St Petersburg's Vyborg and Western ports.
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NewsCanada's Fairview eyes lucrative Asia trade
With one of North America''s deepest harbours, Canada''s Prince Rupert Fairview Container Terminal has opened for business, hoping to create a new high-speed, congestion-free trade Asia-North America corridor.
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NewsSecond chance for Sines
Sines is another Iberian port to have experienced a rollercoaster ride in its fortunes in recent years.
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NewsLeixões ticks all the right boxes
bouzas1In north Portugal, Leixões, which can now receive panamax-size vessels, thanks to a major dredging programme, has celebrated a 14% first half hike in traffic, during which it handled 209,571 teu. A lot of this is being displaced from Vigo, where a major capacity shortage is killing growth. Termavi, the ...
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Jebel Ali to see major hike in trade
DP World believes it will be able to increase throughput at Jebel Ali to 40m teu within four years as a result of expanding regional trade.
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Big spend in Israeli ports
Israel Ports Development & Assets Co Ltd has published a tender worth $40m for the design of new port infrastructure.
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Walvis Bay wants regional hub status
The Namibian port of Walvis Bay believes it can capture 5% of neighbouring South Africa's maritime export traffic in the next few years, because its ports offer faster transit times and suffer from less congestion.
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Privatisation positive for Nigerian port
The privatisation of Nigeria''s container terminals, which took place 12 months ago, has reduced the turnaround time for vessels.
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TCB gets new investors
Two risk capital companies - Portugal''s Finpro and Queensland from Australia - have reportedly bought the 35% stake that Deutsche Bank holds in Barcelona Container Terminal (TCB).
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ICTSI's eyes for Georgia
International Container Terminal Services Inc (ITCSI) has committed to Georgia''s Port of Batumi with the award of a 48-year concession to develop and operate a container terminal and a ferry and dry bulk handling facility.
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NewsKalmar trailblazes hybrid technology
Leading port equipment manufacturer Kalmar is ploughing ahead with research and development on hybrid technology in a bid to be ahead of the environmental protection game.
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Gijón attracts private cash
The Spanish port of Gijón will attract ¢ 615m ($866.9m) in private sector investment in 2007-2010.
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Major new MP terminal at Tarragona
Tarragona is to offer a concession for a multipurpose terminal, consisting of a 670 metre quay and 250,000 square metres of backup land by the end of this year.
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Ferrol to remodel outer quays
The port of Ferrol has issued a tender covering the remodelling of its outer quays, which involves paving the operating area and building internal roads at a total cost of ¢ 1.5m ($2.1m).
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Valencia's EIA given green light
Spain''s Environment Ministry has approved the environmental impact assessment governing the port of Valencia''s expansion project.
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Vigo overcome congestion problems
Jesús Paz, president of Vigo Port Authority, claims that container terminal Termavi has managed to overcome the massive congestion that was threatening to swamp operations.
