World News – Page 434
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VENEZUELAN BOX BLOCK
The government of Venezuela has recognised that there is a developing problem with stranded containers clogging the stacking yards of its box terminals, because of the difficulty some companies have in acquiring dollars at preferential rates.
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CAROLINA SAVI PARTNERSHIP
South Carolina State Ports Authority has extended an agreement with Savi Networks to introduce the company''s information service to three further container terminals at the Port of Charleston.The radio frequency identification (RFID) infrastructure installation aims to "automate visibility of RFID-sealed containers".
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Southern ports to follow in NY/NJ footsteps
US states Georgia and South Carolina have inked a landmark agreement to jointly develop a port in Jasper County, South Carolina.
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$1.5bn reserved for Panamanian ports
Panama''s Ministry of Commerce has indicated that planned investment of $1.5bn over the next eight years will effectively double national port capacity. In all, $200m will be used to expand the port of Balboa, while PSA has announced additional investment to build a new facility at Rodman.
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Altamira investment
Terminal Marítima Infraestructura Portuaria Mexicana, situated in the port of Altamira, is to invest $12m in new equipment to include a Liebherr post-panamax mobile harbour crane that can service 18 rows of shipstowed containers.
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Everglades sister act
Port Everglades has launched an International Sister Seaports program to encourage information-sharing relationships. The port reports that it has already registered interest from the Port of Olbia, located on the Italian island of Sardinia, and Shanghai,China over the past year.
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NewsNicaragua to invest at least $50m
Nicaragua''s National Port Authority is to borrow $50m over the next five years to invest in upgrading ports.
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NewsNo space for Tampico terminal
The proposed multi-purpose terminal at the port of Tampico is not viable, because it will increase congestion in the surrounding urban area, a heavily touristic area, local sources have said.
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TUI SELLS MONTRÉAL MAJORITY
TUI, owner of shipping line Hapag-Lloyd, has sold an 80% stake in Montréal Gateway Terminals to Morgan Stanley. The company acquired the initial stake after its buyout of CP Ships.
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BUENAVENTURA WINDFALL
The Colombian government has allocated $450m to the port of Buenaventura.
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P&O PORTS GETS THE RUBB
Storage facility manufacturer Rubb Buildings has installed a new facility at P& O Ports Dundalk Terminal in Baltimore.
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NY-NJ wants in on DP World profit
The New York-New Jersey port authority has asked DP World for a "transaction or transfer fee", amounting to as much as $84m, as part of the $450m sale of former P& O ports assets in the state, news reports have claimed. But DP World spokesperson Mohammad Sharaf said: "They ...
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New tender for Guayaquil
The government of Ecuador has not ruled out launching a new tender for the concession to run the port of Guayaquil, while in the meantime it has commenced restructuring of the port authority both there and in the cities of Manta, Esmeraldas and Puerto Bolívar. Guayaquil, it is argued, needs ...
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Chile for China?
Doubts have been cast on the effectiveness of using Chilean ports to export goods from South America''s Atlantic coast to destinations in Asia. In part, this is because export cargo from Uruguay and Argentina is not as important as was previously thought.
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NewsSSA Marine switches to ethanol
SSA Marine has introduced a programme to reduce noise emissions from handling equipment at container terminals where it operates.
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NewsEastern Allure
India has the promise that port investors look for but there remains significant scope to enhance its attractiveness. Mike Mundy reports There is no disputing that India needs new port capacity and where new port capacity is needed there are opportunities.
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TYRE SHORTAGE CRISIS
A global tyre manufacturing shortage is forcing New Zealand container terminal operators to alter ordering patterns and even seek new supply lines to keep their large wharf machinery in operation.
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NEW ZEALAND INTERIMS
New Zealand port companies who have recently published financial results for the six months to December 31, 2006 include: Northport - NZ$7.5m (US$5.2m) after-tax profit (up 834%) and NZ$9.4m (US$6.5m) (up 217%); Port of Tauranga -- NZ$21.3m (US$14.8m) after-tax profit (up 56%) and NZ$73.7m (US$51.2m) revenue (up 20.7%); Lyttelton Port ...
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TAURANGA BOXES CLEVER
NZX service vessel Dolores was recently completely discharged at the Port of Tauranga by three cranes over a 23.2-hour period. The resulting 2064 container moves were completed at an average vessel rate of 91 moves per hour and average crane rate of 31.7 movers per hour.The world standard for crane ...
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PORT WALCOTT INVESTMENT
Mitsui Iron Ore Development is to invest $284m to increase the export capacity for iron ore at Australia''s Port Walcott, situated at Cape Lambert, rising from 55m tonnes to 80m tonnes a year.
