World News – Page 430
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VENEZUELA AND CUBA IN PORT JV
Venezuela''s Ministry of Infrastructure has been instructed to set up a joint company with Cuba, which will be known as Bolivariana de Puertos (BPSA), to modernise, rehabilitate, equip and build ports in both countries. Equity will be divided 51%:49% in favour of Venezuela.
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PANAMA ADDS QUAYS
The government of Panama is to build a series of 12 quays in the province of Colón.
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PORTS AMERICA GOES LIVE
On March 17, DP World completed the sale of its former P& O Ports US assets to the AIG Global Investment Group, which will henceforth market them as Ports America.
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NY/NJ SETS RECORD
Cargo throughput at the Port of New York and New Jersey hit record levels in 2006. The rise has prompted the port authority to commit to a $2bn investment programme over the next 10 years.
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Biometrics question safety at US ports
A Federal programme aimed at improving maritime security in the US may well result in up to one million port personnel having to undergo additional background checks and obtain biometric identification cards.
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NewsICTSI granted Guayaquil concession
ICTSI has been granted a 20-year concession to manage the Ecuadorian port of Guayaquil. Its initial priority will be to reinforce existing quaysides at a cost of around $168m, taking two years to implement. Total investment across the 20 years of the concession will be around $800m.
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US short-sea shipping call
Short-sea shipping is the only answer to the US capacity crunch, according to Charles Raymond, chairman, president and chief executive of Horizon Lines. In his view,rising container imports are placing extreme pressure on an already strained transportation infrastructure.
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NewsFuture-proof
Bremen/Bremerhaven secures feedership role for the future as JadeWeserPort project gets go-ahead. Tom Todd reports
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Changing tide of German opinion
Few now appear to doubt the future strategic importance of what will be Germany’ s only deep-water container terminal: the idea, once scoffed at, appears to have literally grown on Germans.
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Lübeck's share sights
City hopes to boost future port prospects with a majority share sell off to an experienced port operator, as Tom Todd reports
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Sassnitz-Mukran eager to fill unused capacity
Germany’ s easternmost deep-water port,Sassnitz- Mukran, expects planned new rail-ferry links this year with Russia will help solve its problem of unused capacity and hopes more cruiseships will fill the rest.
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NewsDouble-edged strategy
Kiel’ s focus on the two Cs of cruise and cargo should keep it on a steady course, as Tom Todd reports
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Multi-sector plan encourages Rostock cargo growth
Although best known for booming ferry and ro-ro traffic, east Germany’ s biggest port, Rostock, continues to surprise, with eggs in many baskets as part of a strategy of universal, multisector development.
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NewsLack of Spark
A review of Scottish ports’ policy produced few recommendations for change, instead it highlighted the importance of landside infrastructure links, as David Foxwell reports
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VIZINJAM TENDER RE-ISSUE
The government of the Indian state of Kerala has agreed to re-issue the tender for the proposed international container transhipment terminal at Vizinjam.
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INDIAN 'SUPER-DREDGER' MOOTED
The Shipping Corporation of India, Jawaharlal Nehru Port, Mumbai Port and Mazagon Docks Ltd are looking into setting up a large dredging company. In addition, the government''s Ministry of Petroleum is also speaking to oil companies, which may also later become involved in the project. Foreign companies interested in investing ...
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MUNDRA IPO
Mundra Port & Special Economic Zone Limited intends to raise ¢ 310m ($421m) via an IPO, which would be the first time any Indian port operator has used this method as a means of raising finance.The IPO is scheduled for the second quarter and money raised will be invested in ...
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DALIAN IN BED WITH MODERN TERMINALS
Dalian Port Company and Modern Terminals Ltd are to build a deepwater container terminal at the Port of Dalian. This will be located at Dayaowan North Harbour.
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XICT ADDS QUAYSIDE LIFT
Xiamen International Container Terminals has taken delivery of two post-panamax quayside gantry cranes and six mobile harbour cranes, bringing to 38 the overall number of cranes owned by the facility. XICT is also to bring online a further 443 metres of quay, which will have alongside draught of 17.5 metres.
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Chittagong go-slow cripples operations
Workers belonging to Chittagong port authority implemented a policy of nonco- operation following the takeover of management of the container terminal by private company Saif Powertec.
