World News – Page 429
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Humber sets legal first with wildlife project
A landmark legal agreement between industry and conservationists has led to the creation of more than 60 hectares of wildlife habitat at a cost of £ 3.5m.
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NewsChina Shipping swaps Spanish services
China Shipping has moved its prestigious AEX-1 service, which links the Far East with northern Europe, from Marítima Valenciana in Valencia to TCB in Barcelona.
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NewsJadeWeserPort crosses planning hurdle
Construction of Germany''s new ¢ 950m ($1.3bn) super-containerport at Wilhelmshaven is set to begin in earnest this summer after planning permission was approved.
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LISBON DELAYS THIRD BOX TERMINAL
The president of the port of Lisbon''s administrative authority,Manuel Frasquilho, has indicated that it will not be necessary to expand Terminal da Trafaria to accommodate major flows of container traffic in the short-term.Work to create a new container terminal will not therefore be necessary until 2015.
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ROAD ACCESS IMPROVED TO VALENCIA
The Infrastructure & Transport Department of the Valencia regional government has issued a tender in respect of the initial phase of construction of the northern road access to the Port of Valencia. Investment will be ¢ 20.1m ($27.2m).
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GOOD YEAR FOR IHC
IHC Holland Merwede is anticipating a 35% increase in turnover this year on the back on improved results from its dredging, offshore and marine businesses. In a booming year, the company''s sales doubled to ¢ 1bn ($1.4bn) in 2006 and net profit tripled to ¢ 31.2m ($42.2m).
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FREIGHT FORUM PROMOTED
The European Federation of Inland Ports and the European Sea Ports Organisation are to establish a "Platform of European Sea and Inland Ports" to strengthen co-operation between both organisations.
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NewsCollapse of El Prat quay blamed on port authority
Spain''s Infrastructure Minister, Magdalena Álvarez, has emphasised that the collapse of one third of the new Prat Quay at the Port of Barcelona is entirely the responsibility of the Port Authority and has nothing whatsoever to do with her department. This is despite the fact that all port infrastructure in ...
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Barcelona's TCB borrows to expand
Barcelona Container Terminal (TCB) has signed a loan agreement, securing ¢ 118.5m ($160.4m) to expand its Muelle Sur terminal to a 870,000 sq m facility capable of handling 2.2m teu.
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MORE NPA WORKERS CUT
The Nigerian Port Authority has made a further 3,000 workers redundant, bringing to 6,000 the number offloaded in the last eight months. It has borrowed ¢ 91m ($123m) to finance the cuts.
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NUADIBÚ UPGRADE
The government of Mauritania has issued a tender in respect of expansion and upgrade work at the port of Nuadibú for ¢ 20.4m ($27.6m).
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KUWAITIS TO EXPAND TANGA
Kuwait and Gulf Link Port International have signed an agreement to build a series of deep water berths in Mwambani Bay, which forms part of the Tanzanian port of Tanga.The work, which includes the provision of handling equipment, has been costed at $400m.
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Dar es Salaam told to clean up its act
Tanzania''s prime minister recently made a surprise visit to Dar es Salaam port following increasing problems with congestion. He met with officials and private terminal operators, after which he instructed both the port authority and revenue authority to work 24 hours-a-day until congestion had been reduced.
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NewsGrain monopoly at Mombasa
A master plan covering the next 25 years, which was put together by Kenya Port Authority and approved by the government, proposes to concentrate bulk grain handling at a single terminal at Mombasa until at least 2028.
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Salalah plans massive expansion
The Port of Salalah is to increase capacity by more than 200% over the next seven years according to its new master plan. Berth 5 is due to come online by the second quarter of this year and Berth 6 by the first quarter of 2008.These will add 969 metres ...
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Philadelphia port plan under threat
Philadelphia''s maritime community has come out guns blazing in a battle to stop prime waterfront acreage falling into the hands of a non-marine business.
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RREEF finds nourishment in Maher
An affiliate of the RREEF fund, a Deutsche Bank entity investing in infrastructure assets, has confirmed that it will be acquiring Maher Terminals - active in New York and gaining a foothold in British Columbia. Prices in this private deal were not disclosed, but the frenzy created by funds ...
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Palermo environmental study illegal
An environmental license granted to Palermo Port has been ruled illegal and may be revoked,putting port development in doubt.
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NewsWork starts on West Coast security centre
The Port of Long Beach broke ground on a $20m security command and control centre in April.
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NewsVYCON plumps for Alternative offering
VYCON, the California-based manufacturer of high-cycling energy storage flywheel systems, has made a public offering on the Alternative Investment Market (AIM) of the London Stock Exchange, in a move it says will raise more funds for the continued development of its emission and fuel reduction technology.
