Latest News – Page 1042
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NewsBetter quality but higher claims
Better quality port equipment and operations have reduced claims, but at a cost as Felicity Landon finds out
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COntainer insurance: A bigger chunk of risk
Ports looking to take a bigger chunk of the supply chain take a bigger chunk of risk, warns Eric Buur, underwriting coordinator cargo liability at Fortis Corporate Insurance (FCI).
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Container insurance: TT Club warning
The TT Club is working on an in-depth analysis of claims from terminals, in an effort to help prevent future losses. Results of this study will be published soon, it says - but meanwhile, incidents involving straddle carriers remain "the chief area of concern".
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Tanzania opens eight ICDs
Eight private companies in Tanzania have been licensed to operate inland container depots (ICDs) as a means of providing capacity relief for the container terminal at the port of Dar es Salaam.
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Vietnam confident on 2008 port success
The head of Vietnam's Maritime Administration believes that 2008 will be a banner year for the country's ports following an injection of investment capital.
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NewsBoost for Columbia River dredging project
With $36 million allocated in the US fiscal year 2009 budget, the channel deepening project on the Columbia River between Astoria and Portland/Vancouver will be substantially complete by 2010.
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EIB funds Rotterdam expansion
The European Investment Bank has granted a ¢ 900m ($1.3bn) loan to the Port of Rotterdam to finance infrastructure expansion. The financing contract for the first ¢ 100m ($145m) has already been signed.
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Long Beach votes on Clean Truck concessions
As GreenPort journal was going to press on Monday 18 February, the Long Beach Board of Harbor Commissioners was due to vote on the following day (Tuesday 19 February 2008), on the final elements of a “landmark” Clean Trucks Program that, says the Port Authority, will “modernise the port trucking ...
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Ten JVs in Longkou
The Chinese port of Longkou has increased throughput in the last five years from 6.2m tonnes to 25m tonnes. Ten private investment and corporative agreements have been reached with more than 10 shareholders in areas such as containers, liquid and dry bulk.
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NewsHutchison Moves INto Brisbane
A formal agreement has been signed by Hutchison Port Holdings (HPH) to lease two new container berths (Berths 11 and 12) from the Port of Brisbane Corporation (PBC).
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Plans for an A$1bn (US$896m) ocean terminal at Townsville have moved closer with the release of an environmental impact statement. The development includes construction of a terminal with international-standard cruiseship facilities, and residential and marina precincts. Construction could begin this year and be complete in 2010.
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Kaohsiung commitment
Evergreen Marine Corp (Taiwan) has extended its lease on its Container Terminal No 4 facility (Piers 115 and 116) in the Port of Kaohsiung for a further 10 years to February 2018.
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NewsTransnet invests for the future
South Africa''s port controller Transnet has been pumping investment into a wide range of projects. Port Elizabeth, which can nowadays handle up to 500,000 teu annually, will soon be able to count on additional capacity at the neighbouring port of Ngqura, which serves the surrounding Coega industrial complex.
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NewsWhat price Maersk?
APM Terminals'' virtual monopoly of west African concessions - Apapa and Onne (Nigeria), Abidjan (Ivory Coast), Luanda (Angola) and Tema (Ghana) - has only been recently broken following the decision by Senegal to award DP World the container concession for Dakar.
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NewsContainer Security: Is it Feasible and Who Pays?
Former US Senator Warren Rudman''s recent concerns over port security should not be taken lightly given his history as co-chair of a bi-partisan committee assigned to investigate the threat of international terrorism after the September 11 attacks and his role in setting up the Department of Homeland Security.
