World News – Page 494
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COSCO SET FOR EUROPEAN INVESTMENT
Port of Rotterdam ceo Willem Scholten: "This an extremely important agreement. The expansion will give businesses the opportunity to grow in Rotterdam. Maasvlakte 2 will be an excellent location. Right on the sea, and with good hinterland connections.COSCO Pacific is said to be negotiating to take a 2025% shareholding in ...
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NewsCSXWT increases stake in Pusan
CSXWT has purchased an additional 0.5% equity in Pusan Newport Company, the concession consortium for the development of the Pusan New Port project in Busan. The transaction brings CSXWT''s shareholding in the project to 25%. Samsung Corporation also holds 25% in the consortium. In addition, CSXWT holds exclusive right to ...
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Stock listing for Qingdao
Qingdao Port Group has been granted permission to undertake a stock exchange listing to raise capital to expand capacity. The flotation will take place either on Shanghai''s A-share Market or abroad. Qingdao is already China''s third largest container port and the 14th largest overall in the world, but could enter ...
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NewsTranshipment terminal for Shannon
Plans for a € 350m investment to transform the River Shannon Estuary into one of Europe''s largest cargo hubs have been announced by state-owned Shannon Foynes Port Company (SFPC), an investment that, it is claimed, represents the largest ever boost to infrastructure in the western half of Ireland.
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NewsXiamen Haicang dredging completed
A key component is the construction of a new deepwater container transhipment terminal at Ballylongford, County Kerry, at an estimated cost of €250m, a terminal which is expected to capitalise on the acute congestion at existing European container ports such as Rotterdam, Antwerp and Bremerhaven.The newly broadened and deepened navigation ...
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DALIAN SIGNS UP PARTNERS
A key component is the construction of a new deepwater container transhipment terminal at Ballylongford, County Kerry, at an estimated cost of €250m, a terminal which is expected to capitalise on the acute congestion at existing European container ports such as Rotterdam, Antwerp and Bremerhaven.Cosco Pacific has signed a strategic ...
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Big plans move forward at Santos
Santos port authority, Codesp, is lobbying for the 50-berth Barnabe-Bagres project to go ahead, possibly in the form of a public-private partnership. The price tag is estimated at $654m of which just $40m is currently allocated by the state although the national parliament could provide more money as part of ...
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Jan De Nul
Belgian dredging contractor Jan De Nul has recently been awarded more than € 200m worth of contracts. In Hong Kong, landfall dredging and close to 1.5m tons of rock-dumping has to be executed for the gas pipeline connecting the Guangdong Liquefied Natural Gas Terminal located at Cheng Tou Jiao (Shenzhen) ...
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NewsSTRUCTURAL CHANGES BRING NEW CHALLENGES
The growth in scale and complexity of Asia''s container terminals is providing the ports of the region with massive new challenges - and new opportunities. Steve Meyrick tells the story.
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Laem Chabang tenders
Thailand''s deepwater port of Laem Chabang is to get six new terminals in a tender believed to be worth $400m.
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FAVOURABLE ECONOMIC BENEFITS
The direct economic benefits of deepening the channels of Australia''s premier container port have been estimated by consultants Meyrick and Associates, at US$851m over 25 years.
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NewsPort Interface the Concern For New Zealand
It would be overstretching the point to suggest that New Zealand is facing a turning point in its ports and land transport development. But if some of the country’ s leading transportation ” thinkers” had their way, it would be.
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NewsCHINESE DEMAND BEHIND THE 'ARMADA' CRISIS
The bulk carrier log-jam off the Australian east coast has finally dissipated to manageable levels following drastic action at the country''s major coal port. Chris Taylor reports on the reasons behind the chronic congestion, and what''s being done to correct the situation.
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NewsSYDNEY: WHAT ABOUT THE GENERALS?
Sydney''s new headache is carriers with a mix of very different cargoes that will be harder to fit into the port after the closure of Darling Harbour in 2006. Kevin Chinnery reports.
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NewsCHANNEL DEEPENING SET FOR GREEN LIGHT
The $289m port of Melbourne channel-deepening project in Port Phillip Bay was effectively given the green light in July after the public release of a long-awaited environmental effects statement (EES).
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FREMANTLE: NEXT TO TAKE ON BOX DUOPOLY?
The first breach in Australia''s stevedoring market duopoly of P& O Ports and Patrick for several years could take place in the country''s far west. Fremantle Ports (FP) has quietly set off to develop a third container terminal operation, bringing the first potential newcomer in any Australia box port since ...
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NewsTeesport floatation will spur expansion plans
It will be port business as usual in Hartlepool if the newly independent PD Ports gets the approval it now wants for its proposed £ 500m property project development around Victoria Harbour.
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P&ONL facilitates Rotterdam's mating game
Every fortnight vessels of P& O Nedlloyd''s container fleet take fresh seawater from the Atlantic to Rotterdam in their ballast tanks. While the ship is worked at the terminal, a small tanker comes alongside and the water is pumped aboard from the bigger ship''s tanks. The tanker sails to Rotterdam''s ...
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NewsPort boss calls for end to unreasonable rejections
Economic policy has to give greater recognition to the role played by Welsh ports and deal fairly and efficiently with proposals to develop them if the contribution they make to national and local economies is to continue, the chief executive of Wales'' largest port has warned.
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NewsAAPA
The American Association of Port Authorities (AAPA) has awarded the Port of Houston Authority for its development of a trash-skimming programme along the Buffalo Bayou. The Houston project, initially developed by Houston''s Buffalo Bayou Partnership, was one of 152 entries submitted by 37 ports worldwide for consideration for the AAPA ...
