World News – Page 441
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TIDEWORKS GOES DEEP
Terminal management software provider Tideworks Technology has deployed its gate operating system, GateVision, at the Port of Portland''s deep-draft container handling facility.
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US financial interest stays strong
Financial investment in the port sector from the Americas continues unabated.
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Costa Rica seeks hub status
The government of Costa Rica is to offer as a concession the construction of a major container hub at Moín, 10km from Limón. With an estimated cost of $500m, the new facility will take five years to complete, thereafter being able to accommodate the world''s largest container ships.
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Kalmar goes large in SA
Port equipment manufacturer Kalmar has won an order for 12 rubber-tyred gantries (RTGs) from the largest terminal operator in Brazil. Santos Brasil contracted Kalmar for 7+1 wide and 1-over-6 high units to be delivered between September 2007 and January 2008.
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Re-financing a winner for Tacoma
The Port of Tacoma has saved $5.3m by re-financing long-term debt at more competitive interest rates.
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NewsMexican ports lose out on empties
Mexican ports handle 370,000 empty containers each year, which causes losses of around $200m, according to estimates.
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NewsChile issues ports policy
The Chilean government has released its new national ports'' policy, which emphasises the need to award more terminal concessions as a means of boosting competition.
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Portland and Vancouver trade volume to double
A study undertaken by the Port of Portland Commission has forecast a doubling of trade volume in the Portland/Vancouver region by 2035. The study highlights the need to plan and invest to increase the capacity of trade and transportation support while reducing the negative impacts on the region''s liveability.
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CORMAGDALENA RIVER UPGRADE
Colombia has invested ¢ 350,000 in upgrading the navigability of the Cormagdalena River, which gives access to the port of Barranquilla. It has also improved safety at existing ports along the river and added flood protection.
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LONG BEACH UPGRADES CRANES
Long Beach Container Terminal has awarded Vycon with an order for green energy storage systems for six of its rubber-tyred gantries.
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NewsManta concession worries regional rivals
The awarding of a concession to Terminales Internacionales del Ecuador (Tide) to operate the Ecuadorian port of Manta has worried operators and ports in neighbouring Colombia and Peru.
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PATRICK IN TOLL SPIN-OFF
Australia''s Toll group has announced plans to spin-off its ports division, which encompasses Patrick Corporation, as well as the Pacific National Railway.The new company will retain 83% of the group''s debt.Toll will create a separately listed infrastructure trust made up of Australia''s biggest port owner and the Pacific National rail ...
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CREAN TO LEAVE NORTHPORT
A five-year term as Northport''s chief executive will come to a close this year when Ken Crean steps down from the role.The position is currently being advertised and Mr Crean says he is flexible about the timing of the new appointment.
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Join the queue
The Australian port of Newcastle has reported that queues of ships waiting to dock peaked at record levels of the mid-50s between late November and early December. The port had been operating a successful capacity balancing system, which the Australian Competition and Consumer Commission approved in 2004 citing "net public ...
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Positive tones in NZ merger talks
Solid progress is being made in the potential mergers between New Zealand''s Ports of Auckland and Port of Tauranga and the Lyttelton Port of Christchurch (LPC) and Port Otago.
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NewsAuckland geared for growth
Ports of Auckland took delivery of three new ZPMC cranes in December as part of its NZ$100m investment programme to handle container throughput currently doubling every 10 years.
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NewsReefer boom for Tauranga
A range of infrastructural and procedural improvements have been put in place by the Port of Tauranga to cater for the 85% increase in reefer container throughput in half a decade.
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PROFIT BOOST FOR PORT NELSON
A 33% increase in after-tax profit to NZ$6.9m and 7% rise in revenue to NZ$29.6m has been recorded by Port Nelson in the 2005-06 financial year. Although throughput did not reach the record level of the previous year, cargo volumes were higher at 2.5m tonnes.
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KERALA PORT PLAN
The Indian state government of Kerala is planning construction of a new port at Beypore, near Kozhikode.This will be taken forward as a joint-venture between the private sector and both the state and national governments.
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BUSAN LURES CMA CGM
Korea''s Busan New Port has attracted CMA CGM to its Phase 2-3 expansion programme, subject to government approval. CMA CGM reached an agreement with Hyundai Industry Development Consortium, developer and operator of four berths of Phase 2-3 at Busan New Port, to invest in the project.The agreement follows a government ...
