Latest News – Page 1006
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Upgrade loan for Vyborg
A multi-purpose port situated in the Gulf of Vyborg, about 113km from St Petersburg, will be helped in its ¢ 233m ($366m) modernisation by a ¢ 115m ($180.7m) loan from the European Bank of Reconstruction & Development.
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On the acquisition trail
Many investors have shown true interest in private ports or private terminals. There are various port deals conducted in the last few years, some examples are presented below:
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Marker lowers light pollution
A new port marker device designed to increase maritime safety and facilitate rendezvous manoeuvres for ships entering the port has been adopted by the Port of Barcelona.
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Latvia eyes Russian/Asian cargo
Latvia''s is set to carve out a role for itself as a transhipment and handling centre for containerised cargo to and from Russia, China, Korea and other Asian states, according to officials. To add further value, the country will provide additional logistics and transport infrastructure.
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Suape gets greener
The Brazilian Port and industrial complex at Suape is to invest $9.84m in environmental projects up to 2010. These will be funded through the sale of land in the industrial area.
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Protect your assets
A new rapid deployment perimeter protection system claims to provides a cost effective covert security solution to protect portable assets, such as plant and high value metals, as well as perimeter locations.
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Russia goes deeper
A new deep water port is to be built at Karelian Belomorsk in Russia, 376 kilometres from Petrozavodsk.
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CVRD to invest in Oman
CVRD is to invest $1bn in Oman in the construction of an iron ore pelletisation plant and distribution centre at the Port of Sohar, which is also collaborating financially on the project. Annual throughput will be 7.5m tonnes of pellets.
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Chittagong to go private
Pacific International Line in collaboration with Container Terminal Services are favourites to be awarded the concession to operate Chittagong Container Terminal. Other bidders are Everest Enterprise Ltd and incumbent terminal operator SAIF Powertec.
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Colombia woos private investors
Private investors are being the opportunity to commit cash to three new port projects in Colombia.
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Automation for old task
Fitting or removing twistlocks on containers, a slow and arduous operation action performed worldwide over a billion times a year, can now be done by an electro-hydraulic machine - the RAM PinSmart Automated Twistlock Handling Machine.
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Capacity seeks energy alternatives
Capacity of Texas is powering ahead with five alternative fuel routes for its Trailer Jockey terminal tractor line.
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NewsBirth of the super-port
Hong Kong and Shanghai have barely stopped for breath over the last 50 years, as Wing Kah-goh explains
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NewsAn eastern man of port power
Turning 80 this July, Li Ka-shing has done more to revolutionise container terminals than just about anyone else. He has also been at the forefront of the fortunes of both Hong Kong and Shanghai ports.
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NewsBarry Parker - opinion submit July/Aug
Port workers in 29 ports along the US West Coast (including approximately 20,000 in Los Angeles/ Long Beach) refused, at the start of July, to extend an earlier contract and are now negotiating with the Pacific Maritime Association on a new agreement while continuing to work.
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El Salvador port privatisation overhaul
The Autonomous Port Executive Commission of El Salvador is seeking private sector investors to take over management of its ports.
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NewsConsultants' article
Sometimes it pays to break with tradition, as consultants dealing with port citings in the US are discovering. Alex Hughes investigates
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NewsSwamp-thing
Most global port authorities are painfully aware that virtually all the best locations for the citing of major maritime terminals have already been used up. Nevertheless, modern engineering techniques nowadays allow even marginal terrain, including swampland, to be stabilised prior to the establishment of new working areas.
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The Prince of intermodalism
Facing a decline in its bulk exports of pulp, paper and lumber to intermodal markets, the Canadian Port of Prince Rupert had to seek alternatives.
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NewsDarwin Port profile
Australia''s northernmost port outpost is gearing up for substantive growth. Iain MacIntyre finds out more