Latest News – Page 1017
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Deutsche Bank buys assets in New York
Deutsche Bank group company RREEF has been granted permission to acquire Maher Terminals by the Port Authority of New York-New Jersey.
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Uruguay upgrading river port traffic...
Uruguay plans to spend $160m over the next five years on reactivating trade at the ports of Salto and Paysandú, as well as upgrading facilities at Montevideo, Fray Bentos and Colonia.
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San Antonio seeks to expand
Attempts by the Chilean port of San Antonio to expand into an adjacent 88.6 hectare area are being opposed by many in the city, as it would mean the destruction of the park that currently occupies the site.
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Goldman Sachs buys into SSA Marine
Goldman Sachs has acquired a 49% stake in SSA Marine, although it is not known how much was paid for the shares.
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NewsPanama Canal expansion contracts awarded
The $5.25bn extension of the Panama Canal will be undertaken through the placing of eight contracts.
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Three ways discussed of privatising El Salvador's ports
El Salvador''s National Port Authority is looking into three possible methods of awarding concessions at the ports of La Unión and Acajutla.
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Newsthe irony of africa
Further port privatisation will be crucial to reducing trading costs for West African nations, as Mike King dscovers
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Buenos Aires blockage
Container traffic is climbing in Buenos Aires but short term plans to install newcapacity are still stalled. Mike Mundy reports
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NewsThe ride of a lifetime
China''s dizzying box growth is unparalleled in history,and Wing Kah-goh hears the high adrenaline container rollercoaster is far from over
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NewsShipping lines want piece of Brazilian port action
Across the estuary from Navegantes lies the port of Itajai, the third biggest port for containers in Brazil, with more than 600,000 teu handled in 2006.
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NewsJan De Nul promotes proper planning
Port planning should not be hampered by dredging-related environmental issues - provided all the relevant environmental issues are taken into account and the planning is carried out with due respect for the habitat directives and in cooperation with environmental organisations, to look for solutions instead of confrontations,says Gery Vandewalle,director of ...
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Chennai commits investment
Chennai Port Trust will invest € 267m ($361.2m) over the next two to three years as throughput in the last financial year rose 13%. Half of this investment will be spent on a new dedicated elevated expressway linking the port with National Highway 4.
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10 key questions the conference will aim to address:
Funding new project development and acquisitions: what are the key criteria that lenders look to be fulfilled in today's environment?Green shoots of recovery, fact or fiction? When and where according to leading industry analysts.Who are today's investors, what is the current attitude of international terminal operators and shipping lines towards ...
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NewsTurning heads
Oakland is trying to divert attention away from the more familiar west coast ports of Los Angeles and Long Beach, writes Alex Hughes
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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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NewsMarker 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.
