Latest News – Page 1015
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UK kick starts 'motorway' finance
The UK Department for Transport (DoT) has invited ports with sea-related infrastructure projects in the North Sea region to bid for financing funds under the European Union’ s (EU) plan to establish “ Motorways of the Sea” . 
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Duisburg box terminal takers
CMA CGM and NYK are to operate a new container terminal at the German River port of Duisburg in partnership with management company Duisport. 
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Vado Ligure secures APM investment
APM Terminals is to invest € 150m ($205m) in a new container terminal at the Italian port of Vado Ligure. 
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Cyprus embraces ship management system
The Republic of Cyprus has contracted Transas for the supply of a vessel traffic management and information system (VTMIS) to improve maritime safety and pollution prevention, and to restrict illegal activities.
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WALVIS BAY WORK
Namibia Ports Authority is to invest $145m on improving its container terminal at the port of Walvis Bay. Work will include deepening the draught to 16m.
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MOMBASA CHARGES PLEA
Business leaders in Rwanda have asked Kenya Ports Authority to reduce charges at the port of Mombasa. These push up the cost of transporting goods to the Great Lakes region by as much as 30%, it is claimed.
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MAPUTO SCANNING 'SCAM'
Business leaders in Mozambique have asked the government to either scrap or reduce charges levied at the port of Maputo for the scanning of containers. The scanner is operated by a private company, Kudumba, which is being accused of using it simply to make money.
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DAMIETTA TERMINAL AWARD
Two Egyptian construction companies, Arab Contractors and Archirodon, have been awarded a $240m contract to build 2.3 km of berthing line at a new container terminal at the port of Damietta.
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DURBAN EXPANSION AWARD
Transnet has awarded a € 182m ($248.7m) contract to Group Five to expand Durban Harbour.
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CLEARANCE REMAINS ONEROUS AT ONNE
Importers and exporters in Nigeria have complained that the ports privatisation process has failed to speed up cargo clearing. In fact, this appears to have collapsed entirely at the port of Onne, where government appointed agents show little interest in improving customs clearance processes. Even the deployment of a state-of-the-art ...
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DP World ditches LSE flotation
DP World has decided not to go ahead with a $5bn flotation on the London Stock Exchange as a means of funding future expansion and acquisition projects because it believes it will now be cheaper to issue debt.
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Ngqura looks to private sector
Private sector companies look set to be asked to participate in the development of two new container terminals at the South African port of Ngqura costing € 809m ($1.1bn). 
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Transas secures Mombasa VTS contract
Kenya Ports Authority (KPA) has commissioned Transas Marine UK for the supply, installation and commissioning of a vessel traffic management system (VTS) at its Port of Mombasa. Scheduled to be officially handed to KPA in February 2008, the main operator control room will be located inside the Port of Mombasa’ ...
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Tanger Med equipment orders roll in
A rash of new equipment orders for the Tanger Med port development in Morocco has materialised as the terminal prepares for opening this year. 
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B&B ACQUIRES MANUPORT
Australian group Babcock & Brown Infrastructure has acquired a majority stake in Belgium’ s Manuport Group, which mainly handles dry bulk at the ports of Antwerp and Ghent, with annual traffic of more than 7m tonnes. The rest of the equity will remain with company management.
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TAURANGA BIODIESEL PLUG
Biodiesel producer Argent Energy New Zealand has confirmed the Port of Tauranga is in strong contention for a planned NZ$60m ($45.6m) production plant. With the findings of a recent feasibility study due to be announced soon, the port has indicated its capability and keenness to attract the new business. 
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PLASTIC UNDARIA BATTLE
Divers have wrapped wharf posts at New Zealand’ s South Port in plastic in an attempt to suffocate the invasive underwater pest Undaria. A recent check of 65 boats at the port found over half were carrying the fast-growing brown kelp which can readily “ jump” between vessels and the ...
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DPW LAVISHES BRISBANE
Dubai World’ s chairman, Sultan Ahmed Bin Sulayem, has toured subsidiary DP World’ s container terminal in Brisbane and underlined the strategic significance of the port to the group. He compared Brisbane with DP World’ s flagship Jebel Ali terminal, in witnessing continuous growth over the last decade.
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Victoria competition inquiry planned
An inquiry into the impact of port planning on competition for container stevedoring services in Victorian ports is to be conducted by the state’ s economic regulator. 
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Newcastle primed for Botany traffic
The port of Newcastle could begin handling an overflow of containers from Port Botany much sooner than originally planned.