Latest News – Page 1021
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NewsNot the underwriters' favourite
Brokers claim that marine construction projects are ''often difficult and challenging - and not the favourites of underwriters''. Felicity Landon investigates why this is the case
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Early involvement
Ports should get their insurance broker involved at the earliest possible stage of a major project, says specialist Marsh. "Every risk is unique when it comes to ports and we need to go through the project with our clients to get an in-depth understanding of what they are doing and ...
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Getting things in order
It is not just the design of a project that insurers need to get to grips with - it is the order in which the works will be carried out.
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Code of practice
Introducing a Code of Practice for the ports construction industry could ease the minds of jittery insurers. Felicity Landon explains
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Reducing the risks
There is a host of ways to reduce the risks and provide insurers with a higher level of comfort, says Brian Elliot at Marsh. Ports and their contractors should consider:
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NewsSafety crackdown for Australian stevedores
Australia is to enforce a national health and safety code for stevedoring after a series of accidents in ports over the past 18 months.
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NewsPorts eLearning to target knowledge gaps
Ports and terminals looking to expand the knowledge base of staff can now make use of eLearning products specific to the ports industry.
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NewsSecond-hand, not second class
The northeast England port of Blyth found second-hand to be the best option when it required an additional reachstacker for its container operations; it has recently bought a second-hand Terex TFC45 R.
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NewsEcocrane hybrid offers 70% fuel economy
Railpower Technologies Corp. and TSI Terminal Systems Inc have confirmed the results of the EcoCrane hybrid power plants installed on TSI Rubber Tyre Gantry cranes (RTGs).
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Tecondi ups capacity
The Tecondi container terminal at the port of Santos in Brazil plans to increase capacity by 180% to 700,000 teu, which is equivalent to 29% of all containers handled at the port of Santos in 2006. This will require investment of $102m.
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Cavotec celebrates European opening
John Polatz, investor relations director with New Zealand-headquartered Cavotec MSL, believes the newly-signed contract with Denmark''s Nordic Ferry Services will prove vital to sales of its vacuum mooring units in Europe.
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Longview sells “green” property for preservation
The Port of Longview Commissioners unanimously voted to sell wetland property for preservation.
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Monopoly concerns in Ecuador
The Association of Ecuador''s Private Port Operators has asked the government to avoid creating monopolies.
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Second quay for Coronel
The Chilean port of Coronel is to raise $20m of new capital for the construction of a second quay and also to finance other investments. The port, which is Chile''s main outlet for forestry traffic, needs the extra three berths to boost cargo to 3.5m tonnes.
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Vietnam favours steel over containers
Vietnam has halted work on the construction of its first international container terminal and instead shifted resources to the construction of a steel mill promoted by the South Korean company Posco.
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Victoria's opening
Victoria''s newest terminal operation, Port of Gippsland, is expected to be open for business this month. Gippsland Maritime Logistics will run the terminal as a common-user offshore support facility.
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Rotterdam/Oman environmental protection service
On 14 May, the Port of Rotterdam Authority, the DCMR Environmental Protection Agency Rijnmond (DCMR) and a ministerial delegation from Oman signed an agreement governing the establishment of an environmental protection agency in Sohar (Oman).
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Spanish stevedores seize labour company control
Stevedoring companies have taken equity control of 19 of the 36 Port Labour companies in Spain, which will become Economic Interest Port Groups (APIEs).
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APM and Rotterdam enviro-agreement
APM Terminals and the Port of Rotterdam Authority have signed a 5-year agreement to co-operate on research and development. The main objective of the co-operation is to “support environmentally proactive terminal planning and operating procedures with sustainable development”.
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St Petersburg jurisdiction change
Jurisdiction of the port of St Petersburg may well be transferred to the local authority in the near future on the back of new legislation planned for the autumn. St Petersburg is also expected to become the first in Russia to be a designated a Special Economic Zone.
