World News – Page 57
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Cameroon logistics hub
A new modern logistics base has just opened at Cameroon’s only deep-sea port, providing an essential link in the region’s supply chain
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Thames Enterprise Park
A significant project to regenerate a brownfield site in the south east of England has been given the go ahead
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Greek ports deal
An agreement between two Greek ports to work together will benefit the local and national economies
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Expanding shore-based power
Two electrical substations will enable all ships docking at Valencia to use shore power
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A manufacturing powerhouse
A port equipment manufacturer is expanding driven by the huge boom in demand for eco-efficient solutions
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Shanghai congestion update
Waiting times at Shanghai have halved since the peak of the recent surge in Omicron cases
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VE Process in Busan
The second phase of the New Port North Container Terminal in Busan has moved a step closer.
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PSA CONSOLIDATION IN HALIFAX
PSA International Pte Ltd (PSA) has consolidated its position at the Canadian East Coast port of Halifax (NS) by acquiring the second major cargo terminal at the port, in a process that will enable the company to better plan its future operating activities.
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KN TO BUILD OUT MONTEVIDEO
Katoen Natie (KN) has confi rmed it has reached an agreement with the Government of Uruguay for additional investment at the Port of Montevideo.
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Texas Upgrades
Ports in Texas on the US Gulf Coast ports are to benefit from Biden Administration spending plans.
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UKRAINE WAR POSES CHALLENGES FOR THE FERTILISER SECTOR
Brazil’s Agro-Industry aims to “Feed the World” but the Russian invasion of Ukraine, on the other side of the world, has created major headaches for importing fertilisers which are vital to the agricultural businesses that drive the Brazilian economy: including soya and grain producers as well as beef and chicken exporters.
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REPORTO TAX EXEMPTION MEASURE REINSTATED
The reinstatement of the Reporto tax exemption scheme for imported rail and port equipment, announced shortly after the closure of Intermodal South America 2022 (ISA), provided a welcome boost to the equipment supply sector.
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Bulk Alternative
Worldwide container shortages, accentuated in Brazil, have led the Ponta do Felix private port in Antonina (part of the Paranagua port complex) to switch to exporting wood pellets in bulk rather than in boxes.
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IMETAME launch
Yet another new port project, specialising in containers but including general cargo, dry and liquid bulk facilities, was launched at Intermodal South America.
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Portonave Plots A Growth Path
On the other side of the River Itajai-Acu, the Portonave terminal, which now sits in the MSC/TIL portfolio, highlights its recent progress. It achieved a 1.1 million TEU throughput in 2021, a notable 29 per cent increase.
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APMT Itajai Develops the Ro-Ro Option…
APM Terminals Itajai, which has been losing container volume and market share to Portonave, its rival across the River Itajai Acu, and also to Porto Itapoa, some 90 km away, is turning to ro-ro as a way of bolstering its bottom line.
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INTERMODAL SOUTH AMERICA: BACK IN BUSINESS
The Intermodal South America (ISA) trade show returned to the stage this year, after a three-year absence and exceeded all expectations, according to the organisers as well as dozens of attendees interviewed by Port Strategy.