World News – Page 503
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Gwadar project could help or hinder regional stability
According to governmentissued projections, the Pakistan-China joint venture to build a $248m deep-sea port at Gwadar will be completed by March 2005.
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Indonesia cracks down on monopolies
Hutchison and stateowned Pelindo II controlled Jakarta Container Port may be forced by the Indonesian anti-monopoly agency to terminate its operations on competition grounds.
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Oil seed mill for Bilbao
Islamabad is very keen to present Gwadar as the gateway for trade to and from the Central Asian states.Moyresa, part of the multinational Bunge Group, has asked Bilbao Port Authority for permission to build an oil seed mill and refinery on a vacant plot in the Punta Sollana area of ...
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Itaqui upgrades
The Brazilian port of Itaqui is to receive investment totalling $68m over the next four year to fund upgrading and expansion work. $61m will come from the Federal Government and $6.82m from the state. Transport minister Anderson Aduato noted that although Brazil has some 30 ports only about five or ...
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Algeciras' largest contract
At present Itaqui has six operational berths of which one is leased by CVRD, and a seventh is currently inactive.A consortium consisting of Dragados, Sato and Drace has 32 months to implement a €100m infrastructure expansion project at Algeciras, which is the largest contract it has ever placed. The port ...
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Kuwait revamps ports to chase Iraqi traffic
Kuwait Ports Authority (KPA) is to invest $100m in upgrading capacity at its three container terminals in the ports of Shuwaikh, Shuaiba and Doha in order to cope with an expected upsurge of 45% in demand to and from Iraq following the recent regime change there.
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Privatisation a must in Peru
Calls have been made in Peru for the immediate privatisation of the ports of Paita and Callao, the latter being the main gateway for the capital, Lima. Both require investment totalling $300m which local pundits believe is beyond the capability of any state-run agency. However, others are opposed to the ...
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Paradip to build berths
Paradip port trust has invited expressions of interest for the construction of two new berths which will be taken forward on a BOT basis.
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Sines LNG terminal from January
The first LNG tanker called at Galpenergia''s € 250m LNG terminal in the port of Sines as part of a test run prior to full commissioning of the facility as from January.
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Singapore talks tough
However, KPA is seeking proposals from private sector companies wishing to invest in port facilities as a means of ensuring that infrastructure work can be implemented as soon as possible.Singapore's senior minister and former prime minister, Lee Kuan Yew, has stated the island republic will not lose any more container ...
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NewsWeser expands again as records fall
Germany''s second biggest port complex, Bremen/Bremerhaven, just missed the 50m tonne handling mark in 2003 but says the record will be broken this year amid further extension of the Bremerhaven Container Terminal.
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Java's new BIP port gets lift-off
Construction of the Bojonegara International Port (BIP), west of Jakarta, began in December with the inauguration of the project in Banten by President Megawati Soekarnoputri.
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Baranquilla: legislation will boost role
Legislation recently passed by the Colombian parliament may have the effect of boosting the importance of the Pacific coast port of Barranquilla. The new law makes it easier to put together viable public-private partnerships in the maritime sector meaning that privatisation of ports should become a lot easier. This, it ...
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Aussie and Brit ports face up to ISPS deadline?
Australian transport minister John Anderson has been reported by the Weekend newspaper as saying of the ISPS Code:
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NewsDangers of excessive working hours
Hong Kong''s Marine Department has warned of the dangers of fatigue due to excessive cargo handling. It quotes two recent accidents - one fatal and the other resulting in permanent disability - in which fatigue played a key role. The victims had been working for extended periods of 21 hours ...
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NewsUK's northern ports promote safety
Launching a new initiative to improve port and harbour safety throughout the north of England, PD Teesport md David Robinson said: " We are pleased to announce a threepronged attack to improve our record: more support for safety training and research into solutions; establishing a regular forum for all northern ...
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Med to get improved access to EU
The EU and 12 Mediterranean states are expected to agree soon on the transportation of commodities without duties.
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NewsAden: DON'T WRITE IT OFF
Paul Grant reports from Aden that despite the consequences flowing from two devastating maritime terrorist attacks, and now the withdrawal of PSA Corp from its Aden Container Terminal joint venture, the port is fighting back.
