Europe – Page 110
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Work begins on new Swedish port
A major new port project is about to enter into construction. The city of Malmö has signed an agreement with Skanska Sweden to build a facility in Norra Hamnen.
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HPH axes business development jobs
Global port operator Hutchison Port Holdings is closing its business development department, with job losses said to be between 50 and 60 as a result.
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Clouds and silver linings
The dramatic slowdown in the last quarter of 2008 wasn''t enough to prevent record full-year results for the giant Benelux ports - but 2009 looks like being a different story. Felicity Landon reports
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JadeWeser on track
Detthold Aden, managing director of the BLG Group, has stated that, despite the credit crunch, construction of JadeWeserPort remains on schedule.
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PSA reaffirms Voltri commitment
PSA remains committed to Italy''s Voltri terminal despite a tumultuous year in 2008 with strikes and legal battles upsetting the status quo.
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Redundancies at Southampton docks
There are to be 60 redundancies at Southampton docks, with even more of the contracted workforce going in response to the "severe decline in UK containerised volumes," says the terminal operator, DP World.
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Declining work for Spanish dock workers
Dramatic drops in traffic at Valencia at the end of 2008 have continued into 2009, leaving some 400 dockworkers with practically no work to do.
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Cobelfret to mothball Dartford Terminal
UK operator Cobelfret has responded to falling volumes with a decision to mothball its Dartford terminal and transfer its Ostend and Rotterdam services to its Purfleet terminal on the other side of the Thames.
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TT Club slips into deficit
Mutual insurer the TT Club has reported what it terms "satisfactory" financial results for 2008 amid market conditions which have drastically reined back earnings elsewhere in the insurance industry.
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Ceres identity shift
Amsterdam''s Ceres Paragon terminal has changed its name to Amsterdam Container Terminals (ACT) effective immediately. The name change follows a share-swapping agreement, signed in December 2008, when Hutchison Port Holdings became the majority shareholder of Ceres Container Terminals Europe.
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Cosco cements relations with Piraeus
Cosco has officially been granted a 35-year concession by the Greek government to run the port of Piraeus.
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Kiel celebrates box first
Kiel has handled its first container as part of a new service between Riga and the Baltic port. It aims to turn round 10,000 teu in its first year, with growth planned beyond that.
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PLA and DP World look for ways to push London Gateway forward
Reducing the depth of the planned dredge and changing the phases of construction are two options being considered as the Port of London Authority and DP World discuss ways to drive forward the London Gateway development despite the economic downturn.
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Port protester take to the streets
Green demonstrators keen to halt development of Tenerife's Granadilla port marched through the streets of Santa Cruz in protest - but estimations of numbers involved vary wildly.
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APM Terminals declares Bristol interest
APM Terminals and Bristol Port Company are in negotiations to jointly develop a new container terminal. This will be able to handle 1.5m teu.
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Downturn "blessing in disguise"
The global economic downturn could be a "blessing in disguise" for the port industry and investors in the industry, according to APM Terminals chief executive Kim Fejfer.
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Strong Amsterdam figures re-affirm need for second lock
The urgent need for a second large sea lock in Ijmuiden is making itself felt ever more acutely, according to Port of Amsterdam chief executive Hans Gerson.
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Tallinn's expansion plans still on track
The Port of Tallinn has signed a ¢ 40m ($50.7m) loan agreement with the European Investment Bank (EIB) on what port spokesperson Sven Ratassepp described to Port Strategy as "highly favourable rates" and hopes to have additional funding in place by the end of the second quarter.
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Suez terminal rises 34% in 2008
Suez Canal Container Terminal has recorded growth of over a third for the second year running.