Latest News – Page 1039
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NewsCapacity drain
It is an interesting phenomenon of the 21st Century that the international container handling market has seen available containerport capacity dry up in so-called mature markets. It happened on the US West Coast and the UK in 2004, and arguably it is happening again now in northern Europe.
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The not-so-simple port alternative
So you want to be a ship-to-ship stevedore? Where do you start? What do you need for kit? Any suggestions on risk management?
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Empty congestion: what in the World is going on?
Let me start with an apology. I just cannot get away from the subject of port congestion. The most recent problems have been caused by weather, labour relations (or rather the lack of them) and empty containers. There are also voices blaming the constant growth in containers coming from Asia.
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Troubles and tussles on Spain's Mediterranean coast
There are problems at the new Prat Dock container terminal under construction in Barcelona where Hutchison has secured terminal operating rights. Around 500m of the new quay line, that will eventually extend for 1,500m, has suffered a major structural problem putting into doubt the ability of the port authority to ...
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NOL QINGDAO PROJECT
Neptune Orient Lines of Singapore and Chinese partner the SITC Maritime (Group) have established a joint-venture to build and manage the new container terminal at the Chinese port of Qingdao to implement the concession it was awarded in 2005.
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VIETNAMESE PORTS NEED $3.7BN
Vietnam has said it needs $3.7bn to build and upgrade existing ports throughout its territory by 2010.Van Phong in Khanh Hoa province and Lach Huyen in Hal Phong city have been identified as the ports with the best growth potential.
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PORTEK SHARE SOLD
Stockholm-based Bromma Group has bought a 25% equity interest in Bromma Far East (Singapore) from Portek International, to give it sole ownership of the company.
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PTP KALMAR LINK
The Port of Tanjung Pelepas is to upgrade its rubber-tyred gantry fleet with Kalmar''s Fleetview fleet management system.Marking the first order for the system in Asia, the upgrade will be completed by April 2007 and will allow port control room staff to monitor the real-time positioning and efficient control of ...
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Chittagong embraces private sector
Saif Powertec Ltd has been awarded an exclusive cargo handling contract to manage Chittagong Container Terminal, bringing to an end the former stevedoring model previously preferred by the port authority. Initially, the private sector company will run the terminal as part of a pilot scheme, undertaking activities both on the ...
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Plans advance for Vallarpadam
DP World, container handler at the Indian port of Cochin, has submitted plans to the port authority for the proposed Vallarpadam transhipment terminal.
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Paradip builds two berths
India''s Paradip port is to issue tenders within the next three months for the construction of two new berths; one to handle iron ore exports, while the other will concentrate on imported coking coal.
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NewsMalacca Strait fund call
Japan''s The Nippon Foundation has spear-headed a call for a cost-sharing scheme to protect the future of the Straits of Malacca and Singapore.
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Riding the Malaysian transhipment wave
Ports in Malaysia posted a 12% volume increase last year in containers with a total of 13.6m teu handled, compared with 12m teu in 2005.
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NewsEastern Allure
India has the promise that port investors look for but there remains significant scope to enhance its attractiveness. Mike Mundy reports There is no disputing that India needs new port capacity and where new port capacity is needed there are opportunities.
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NewsEasy money
Gift-wrapped cash suddenly seems easy to come by in the port sector with financial figures rising deal-on-deal. Barry Parker reports
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DPW to boost traffic by 50% over three years
DP World''s chairman, Sultan Ahmad Bin Sulayem,has revealed that over the next three years the company intends to boost its global container throughput by 50%.
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NewsPioneering tug design breaks Europe
US towage company Seabulk is looking to build on its first break into the European market with its patented Ship Docking Module (SDM) tug design.
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NewsJones to take up ABP mantle
Former Mersey Docks and Harbour Company (MDHC) boss Peter Jones has been appointed chief executive of Associated British Ports (ABP) from April 1. He will take over from Bo Lerenius, 60, who is retiring from ABP after eight years as chief executive.
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WALLHAMN AND KALMAR TEAM UP
Wallhamn,Sweden''s largest private port,has signed a deal with Kalmar for the financing, insurance, leasing and maintenance of two reachstackers, one 33-tonne fork-lift truck,one 25-tonne fork-lift truck, four terminal tractors, four 8-tonne fork-lift trucks, and a number of smaller Linde trucks.
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ROTTERDAM LEGAL SUCCESS ...
The Port of Rotterdam Authority has come out on top in a $26m claim lodged by Commerzbank. A Rotterdam court dismissed the claim, which stemmed from the end of August 2004,when it emerged that the former chief executive of the Port Authority had allegedly authorised guarantees for bank loans worth ...
