Europe – Page 108
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Assets ripe for the picking
Port Fund principal Ghislain Lorthiois has advised would-be ports'' investors to "revise their ways of asset valuations" if they want to secure future profitability.
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Tyne to rise to 2009 challenge
The UK Port of Tyne anticipates a “much more difficult trading period” in 2009, in line with the downturn affecting its customers.
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Rates fight dealt another blow
The fight against crippling backdated rates bill for UK port tenants may have hit a stumbling block - one put there by the nation''s House of Commons, writes Stevie Knight
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Hinterland project for Humber
Plans for what will be one of the biggest port related developments in the UK -- covering almost 1,500 acres on the South Bank of the Humber -- have been submitted to North Lincolnshire Council.
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Gijón Port expansion progresses
A new dock''s outer perimeter and nearly 4,000 metres of sea wall have been completed at Gijó n Port.
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Felixstowe South emerges from the sea
The first phase of reclamation work at the UK''s Felixstowe South development has been completed, with 750,000 cu m of unsuitable material removed and 1.7 cu m of sand placed on site by Westminster Dredging, part of the Royal Boskalis Group.
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Frank Robotham to leave Liverpool after 31 years
Peel Ports group marketing director Frank Robotham is to leave the company in July after more than 31 years at the Port of Liverpool.
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Record investment for Algeciras Bay
Private-sector investors have pledged ¢ 386m ($524.4m) for projects in the Spanish port of Algeciras Bay, in addition to the ¢ 153m ($207.9m) allocated by the port authority itself.
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A bounce after the downturn?
French cargo port Marseilles Fos is pondering if its recent throughput could indicate "a return to normal" after container and oil volumes begin to claw back from a decline caused by the global economic crisis.
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New port at Baku
The Transport Ministry in Azerbaijan is to start construction of a new deep sea port close to the village of Alyaty in Baku district in 2010. Originally, work was due to start in 2009, but will now be implemented in three stages and completed in 2016 at a cost of ...
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Docks rating group points it out
The Humber Docks Rating Group has asked Secretary of State, Hazel Blears, to take the burden off UK ports and remove the current, unworkable situation which was implemented in the pre-Budget report last November.
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Valencia stands tall amid downturn
Despite virtually every other Spanish port losing business, container throughput at Valencia rose by 5% during the first three months, prompting the port authority to accelerate its North Access project.
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Tallinn bonds a success
In April, the port of Tallinn issued five-year bonds totalling ¢ 20m ($27.2m); the issue was fully subscribed by Swedbank AS. The money raised will be used to finance investments, including the expansion of Muuga Container Terminal and Quays 8 and 9 at the Paldiski Southern Port.
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An end to port gloom in sight
The port downturn has bottomed-out, according to a leading industry commentator speaking at the International Association of Ports and Harbours (IAPH) event taking place in Genoa this week. But the caveat was that recovery will be a drawn-out process.
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Call for greater cohesion between Med ports
Western Mediterranean ports must cooperate with emerging ports on the opposite side of the Mediterranean for the greater good of the region, an Italian port executive has advised.
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Europeans must nurture African port relations
The European Union''s commissioner for transport issued a stark warning to Mediterranean ports this week: find an interconnection with Africa or risk losing West Mediterranean business as vessels re-route around the African cape.
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Well connected
According to the nation''s Federal Waterways and Shipping Authority, inland water transport accounts for around a fifth of western Germany''s total domestic long-distance transport volume. Bulk goods are the usual commodities but ro-ro container figures were, in 2008, beginning to rise.
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Standing up to the downturn
Germany''s ports are taking the economic trough in their strides, as Stevie Knight finds out
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Shoreham Port CEO leaves for Scottish role
Rod Johnstone, the chief executive who oversaw the investment of over £ 30 million in Shoreham Port in the last five years, is moving back up to Scotland, where he will be taking over as chief executive at Scrabster Harbour Trust, near Thurso.
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Algeciras and Tanger ro-ro team
Spain''s Algeciras and Morocco''s Tanger Med ports have combined thinking to optimise roll on/roll off traffic between the two. Since last November, a daily service with four sailings in both directions has linked the two ports.