World News – Page 469
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NewsChange of guard for Port of Tauranga
New Zealand''s shipping fraternity will be watching the Port of Tauranga''s future with some interest following the consecutive retirements of chairman Fraser McKenzie and chief executive Jon Mayson.
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Port pay request raises eyebrows
Shareholders of the disputeplagued Lyttelton Port of Christchurch have been asked to consider a 29% pay increase for its six-member board.
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Ports undergo security drill
Security efficiency and access controls at ports throughout New Zealand have recently been tested in " level two" Maritime New Zealand security drills. The half-day exercises have involved port security and operations staff, police, Customs officers, sniffer dogs and x-raying equipment.
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NewsCEM steps up to Irish Harbour
Dun Laoghaire: people watchingAnti-terror police reviewed thousands of hours of CCTV footage to help trace the movements of the 7 July suicide bombers, as well as to identify suspects in the attacks a fortnight later. A leading surveillance expert later warned that London was facing a "security nightmare" and that ...
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PASS ISSUE OFFICE BOOMING
Teesport''s pass issue office and CCTV control room have been a big success since opening in January. With five members of staff covering all the bases twenty-four hours a day, seven days a week, the facilities are proving indispensable. The team report brisk business.
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MAASVLAKTE 2
These meet the three major aims of sustainability: economic benefit, environmental balance and social development.Port of Rotterdam Authority is inviting tenders for the design and construction of Maasvlakte 2, the port site of around 2,000ha in the North Sea which will be created alongside the current Maasvlakte. The authority is ...
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Irish Sea spawns expansion plans
Liverpool, Belfast and Cork are all gearing up for expansion with plans being laid to improve facilities at all three ports. Liverpool hopes to get the go-ahead for construction of its £ 80m post-panamax container terminal which would increase capacity to nearly 1.5m TEUs.
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NewsBra wars ceasefire
The so-called ''bra wars'' may not be entirely resolved, but there is now a ceasefire in the form of an agreement between China and the EU. If approved by EU members, the goods which have been blocked from entering Europe''s ports and borders could be released and counting against 2006 ...
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Rotterdam's LNG plans solidify
Rotterdam''s plans for supplying LNG are advancing on two fronts. Petroplus International has taken a next step in the development of an import terminal. Having planned to have the terminal operational by the end of 2009, the European oil company has presented an environmental effect report.
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ALGECIRAS
An investment of several hundred million euros is to go into the new terminal, which will have an initial capacity of a minimum of six billion cu metres per annum and will be expanded in phases. Guaranteed longterm agreements for throughput are one of the main conditions for the investment. ...
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CAGLIARI
An investment of several hundred million euros is to go into the new terminal, which will have an initial capacity of a minimum of six billion cu metres per annum and will be expanded in phases. Guaranteed longterm agreements for throughput are one of the main conditions for the investment. ...
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Traffic growth slowing at Chinese ports
Figures released by China''s Ministry of Communications indicate a slowing of the rate of growth in national maritime traffic. For the first two quarters throughput totalled 1.87bn tons, an increase of 18.7%.
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NewsMaersk/P&O Nedlloyd merger to boost PTP throughput
The merger of Maersk and P& O Nedlloyd should eventually result in the transfer of 1m TEUs from Singapore to Malaysia''s port of Tanjung Pelepas (PTP).
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MUMBAI
Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.Eleven of 12 bidders for the Mumbai port box terminal project have ...
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LAEM CHABANG
Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.The Port Authority of Thailand has confirmed that Hutchison Port Holdings (HPH) ...
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NewsSalalah to add two berths
Salalah: more berths, more cranesIssued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.Salalah is to add two further berths at ...
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ORISSA
Issued in July, the bonds are in S$250,000 (US$151,000) denominations. Three-year bonds will bear interest at the six-month Singapore dollar swap offer rate less 0.06% per annum, and 10-year bonds will earn 2.83% interest per annum, both payable semi-annually.The Korean steel producer Posco is to invest $900m in the construction ...
