World News – Page 474
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ABG/Voltri win Kandla box terminal concession
India''s ABG Heavy Engineering in partnership with Genovabased Voltri Terminals has been awarded a contract to develop and operate a US$46m container terminal at Kandla port. Its bid, which involves a 48.997% revenue share, was more attractive than those tendered by either Afcons/Hamburg Port Authority or Gammon India/Mersey Docks & ...
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NewsBusan rewards transhipment loyalty
Busan Port Authority is to return US$12.14m to 52 shipping lines as a reward for moving at least 3% more transhipment cargo through the port in 2004. This is a significant rise on the US$8.35m the port returned in 2003. The incentive programme, along with the policy of cutting port ...
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NewsMinister faces down opposition
Sri Lanka''s Ports and Aviation Minister, Mangala Samaraweera, says the government is determined to go ahead with construction of Hambantota Port, despite the fact that there are both domestic and foreign interests which oppose the project.
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MOMBASA AS LANDLORD PORT
CentrePort Wellington chief executive Liz Ward indicated the cranes would be a significant driver in achieving greater productivity and service reliability. "Our business strategy is to grow revenue through an integrated logistics approach to port facilities, services and property interests, " says Ms Ward. "However, CentrePort Wellington is foremost a ...
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Vizhinjam promotes
CentrePort Wellington chief executive Liz Ward indicated the cranes would be a significant driver in achieving greater productivity and service reliability. "Our business strategy is to grow revenue through an integrated logistics approach to port facilities, services and property interests, " says Ms Ward. "However, CentrePort Wellington is foremost a ...
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NewsAussies eye Israel's Eilat
Representatives of an Australian shipping company have visited Israel with a view to purchasing Eilat Port. The group is also reportedly interested in investing in the proposed rail link between Eilat and Ashdod which could provide an alternative to the Suez Canal. Also interested in acquiringAlso in the bidding for ...
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NPA TO OFFLOAD MORE WORKERS
Nigerian Ports Authority (NPA) has implemented a second phase redundancy programme encompassing 1,000 employees.
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Intense interest in second Chennai box terminal
Ten companies have purchased tender documents relating to the development of a second container terminal at Chennai.
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JAPAN URGES BANGLADESH TO BUILD SEAPORT
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.The Japan External Trade Organisation, which forms part of the Ministry of Economy, Trade and Industry, has urged Bangladesh to build ...
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DPI PREFERRED FOR ADEN
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.DPI Terminals (DPI) has been named preferred bidder for the 30 year concession to manage and develop terminal operations at Aden. ...
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NewsHistory gives way to progress
" The march of progress leaves little room for sentiment, " said Bruce Koch, as he watched a contractor high above at work with a cutting torch. Koch, the Port of Tacoma''s electronics technology manager, was witnessing the unceremonious dismantling of an important piece of port history. As dozens of ...
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NewsMobile to lure business with new terminal
Alabama governor Bob Riley has signed into law a Bill providing US$80m to the port of Mobile for the construction of a new container terminal. The remaining funding for the US$300m project will come from Alabama State Docks revenues and a private terminal partner yet to be identified.
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APMT scores in Brazil
APM Terminals has acquired a 50% shareholding in Terminal de Conteineres do Vale do Itajai S/A (Teconvi) in Itajai, southern Brazil.
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..while Santos runs out of money...
The decision by the Justice Department to block loans to Codesp totalling US$2.49m for a minimum of 15 days is so worrying companies involved in the dredging of the port''s access channel that they are threatening to stop work.
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Porto Alegre completes harbour move
After 81 years of activity at Maua Harbour, Porto Alegre has moved operational activities to Navegantes Harbour, some six kilometres further north, but closer to the city centre. This area, which has 4.6km of quay, has increased the port''s capacity from 2,000 to 4,500 tonnes per day. The aim is ...
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NewsEquipment spending boom in Brazil?
Seven Brazilian container terminals are investing US$82.8m in new equipment to expand capacity on average by around 30%. In part, they are taking advantage of the Reporto programme, which waives federal taxes on national and imported assets for use by ports. This tax break, which will end in 2007, is ...
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..but warns capacity running out..
The president of Santos Port Authority (Codesp), Jose Carlos Mello Rego, says that the port will have reached the limit of its effective design capacity within the next three years. He therefore insists that major infrastructure and expansion work must go ahead, given that the port will handle a combined ...
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PSA HUNTS IN HONG KONG, TIANJIN AND?
CentrePort Wellington chief executive Liz Ward indicated the cranes would be a significant driver in achieving greater productivity and service reliability. "Our business strategy is to grow revenue through an integrated logistics approach to port facilities, services and property interests, " says Ms Ward. "However, CentrePort Wellington is foremost a ...
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Adding Capacity
NEWCASTLE Current capacity of Port Waratah Coal Services: 89m tons. Now spending US$130m to raise capacity to 102m tons by 2007 and subsequently to 120m tons.
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NewsMore Heat than Light
Debate has raged in Australia over who was asleep on the job when more coal terminal capacity should have been under construction. But it has turned out to be more complicated than many believe, writes Kevin Chinnery from Sydney.
