World News – Page 435
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DP World calls off Australian merger
DP World has abandoned plans to merge its Australian subsidiary P& O Maritime Services with offshore oil services firm Mermaid Marine Australia. An agreement, which had been reached by both sides in December, would have involved a share swap, leaving DP World with a 60% stake in the joint company. ...
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Geelong considers intermodal freight options
The Australian city of Geelong is toundertake a detailed study of theimpact an intermodal terminal wouldhave in enhancing its freight anddistribution networks
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Newcastle policy reversal
Port Waratah Coal Services has asked the Australian Competition and Consumer Commission to approve a revised capacity balancing system for the port of Newcastle.
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NewsNorthern port merger in doubt
Competition lawyers believe New Zealand''s Commerce Commission will prove a difficult obstacle to any potential merger plans between the ports of Auckland and Tauranga.
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Melbourne prospects boost
A deepening project proposed for Victoria''s Port Phillip Bay has been given the thumbs-up by the treasurer of Victoria, John Brumby.
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NewsCavotec to launch share offer
A share offer in the range of NZ$25m (US$17.4m) to NZ$50m (US$34.8m) is expected from NZXlisted international company Cavotec MSL.
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Call for South Island freight hub
A "two islands, two hubs" solution is required to rectify "distortions" in New Zealand''s logistical and transport sectors, according to Canterbury Manufacturers'' Association (CMA) chief executive John Walley. Particularly incensed about the lack of a local roll-on roll-off option to Australia for companies based in the South Island, Mr Walley ...
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DPW to boost traffic by 50% over three years
DP World''s chairman, Sultan Ahmad Bin Sulayem,has revealed that over the next three years the company intends to boost its global container throughput by 50%.
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NewsPioneering tug design breaks Europe
US towage company Seabulk is looking to build on its first break into the European market with its patented Ship Docking Module (SDM) tug design.
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NewsJones to take up ABP mantle
Former Mersey Docks and Harbour Company (MDHC) boss Peter Jones has been appointed chief executive of Associated British Ports (ABP) from April 1. He will take over from Bo Lerenius, 60, who is retiring from ABP after eight years as chief executive.
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WALLHAMN AND KALMAR TEAM UP
Wallhamn,Sweden''s largest private port,has signed a deal with Kalmar for the financing, insurance, leasing and maintenance of two reachstackers, one 33-tonne fork-lift truck,one 25-tonne fork-lift truck, four terminal tractors, four 8-tonne fork-lift trucks, and a number of smaller Linde trucks.
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ROTTERDAM LEGAL SUCCESS ...
The Port of Rotterdam Authority has come out on top in a $26m claim lodged by Commerzbank. A Rotterdam court dismissed the claim, which stemmed from the end of August 2004,when it emerged that the former chief executive of the Port Authority had allegedly authorised guarantees for bank loans worth ...
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MSC Valencia introduces operational changes
Valencia''s new MSC Terminal has struggled with a lack of available equipment at peak times and has been forced to introduce emergency measures at the gate. The dearth of available equipment has forced the closure of terminal gates on occasions at 1700 hrs.To compensate for the unexpected closures,the terminal now ...
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NewsMerseyside secures training funding
Mersey Maritime has been awarded £ 1.75m ($3.4m) in funding to promote and enhance maritime training on the Merseyside, UK.
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... AND SECURITY SEAL
Savi Networks'' real-time tracking service is to be installed at the Port of Rotterdam.The company''s Radio Frequency Identification (RFID) infrastructure automatically tracks the location and security status of cargo containers around the world. SaviTrak services are already fully operational at many of the world''s major ports in Asia, the Americas ...
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NewsCement deal binds Tilbury with Cemex
Forth Ports and Cemex have signed an agreement which will involve the building materials company investing £ 27m ($53m) in a cement grinding and blending facility at the Port of Tilbury.
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NIGERIA PLANS NEW DEEPWATER PORT
Nigeria is to build a major deepwater port in the Niger Delta.The project is to be taken forward in four phases, the first of which will commence in March for an eventual completion in 2015.
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APM TO INVEST IN APAPA
Finance is being jointly provided by the national government and Dersko Marine Limited as part of a public-private partnership.
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BOSKALIS WINS LNG CONTRACT
Dredging company Royal Boskalis has secured a contract for the construction of an export terminal for liquefied natural gas in Soyo, Angola.The contract, worth $390m, involves creating new land at sea as well as dredging an access channel.
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MADAGASCAR BOOSTS HANDLING POWER
ICTSI subsidiary,Madagascar International Container Terminal Services,has commissioned a new Gottwald heavy duty mobile crane at its Toamasina container terminal to increase handling power and berth coverage.
