Latest News – Page 1051
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NewsInsurance Opinion
Few purchases ever get much cheaper, but one which does on a cyclical basis is the price of insurance. Ports and terminals operators can expect reductions in 2008 on their property and liability premiums, even in many areas prone to hurricanes and other natural disasters.
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NewsKorean and Chinese ports to cooperate
Busan Port Authority (BPA) in Korea has established cooperative ties through a Memorandum of Understanding (MoU) with Dafeng Port, located in China''s Jiangsu Province.
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Security venture improves automated options
Optical character recognition-specialist Hi-Tech Solutions (HTS) and port automation provider Dalosy Industrial Systems (DIS) have teamed up to provide a Europe with "innovative solutions for port security, container handling", and automatic license plate reading.
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Vycon: energy storage systems funding
The Port of Los Angeles (POLA) has awarded funds to three POLA operators for the purchase of Vycon REGEN systems. Vycon is a designer and manufacturer of high-speed flywheel based, environmentally friendly, energy storage systems.
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Weight of heavy investment
APM Terminals has so far invested $136m in expansion and modernisation of the container terminal at the Nigerian port of Apapa.
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Peruvian privatisation plan unveiled
Peru''s Transport and Communications Minister, Veró nica Zavala, has announced that the ports of Pisco, Pucallpa, Iquitos and Paita will be offered for concessions between July and September this year. The government will provide matching investment in both Pucallpa and Iquitos, she said.
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NewsCrisis deepens at Genova
Trade unions representing road haulage companies in Genova, Italy, are taking out a class action against PSA International, claiming damages in excess of ¢ 5m ($7.7m) because of the decision to temporarily stop the movement of export containers from Voltri Terminal Europa (VTE).
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NewsCargo cranes to get $5 million environmental upgrade
A $5-million grant program to help fund environmentally friendly cargo cranes and improve air quality at the Port of Long Beach has been approved by the Board of Harbor Commissioners.
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PSA turns down Farfán
PSA, which is building the new Panamanian port of Rodman, has written to the government to advise that it will not be bidding in the tender for a second port to be built at Farfá n.
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Savannah touts sustainibility
Georgia Ports Authority has announced that an upgrade to one of its container berths at the Port of Savannah is now complete, with installation of electrified refrigerated cargo racks, and transfer of GPA''s 17 ship-to-shore cranes to electric power.
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Mombassa ends Dar transit cargo
Mombassa Port has temporarily stopped handling transhipment cargo bound for Dar es Salaam in an attempt to reduce congestion at the Kenyan port.
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NewsAPM under the cosh in Apapa
The APM Terminals facility at Apapa in Nigeria has been accused of various shortcomings by the Lagos-based legal firm Vin Osakwe & Co, which has sent a petition to the federal government in complaint.
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Viewpoint
Nothing has changed, however, with respect to our other criticisms of the process which cover other aspects of the bid submission arrangements, the qualifying criteria and the proposed structure of the concession agreements. In our opinion, there is significant room for improvement in all these areas and we fail to ...
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NewsPort Reform and the Art of Privatisation
At a recent maritime and logistics conference in Israel, (Port2Port) the Israeli ports of Haifa and Ashdod were heavily represented, as was the Port of Aqaba, Jordan, and the subject of port reform and privatisation was high on the agenda.
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NewsSouth America pics
Opinions are mixed in Brazil over government plans to privatise the port authorities of all but the leading ports in the South American country, as Rob Ward finds out
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NewsCarmel port construction choas
Dredging work on Israel''s Carmel port that was halted by the Ministry of Environmental Protection has not delayed development plans of the port, according to Israel Port Company.
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Noble Denton success
Noble Denton Group, the global offshore and marine consulting firm, has joined an elite group of British businesses to secure a place in this year''s UK Sunday Times Deloitte Buyout Track 100 list.
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BMT forges ports presence
UK-headquartered marine and energy technology solutions group BMT is stepping up its presence in the ports sector, chief executive Peter French made clear as he unveiled financial results including 3% growth in operating profits in 2007 to £ 4.3m, and a 12% rise in turnover.
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NewsPANYNJ shatters throughput records
The Port of New York and New Jersey (PANYNJ) broke past throughput records in 2007 with 4% cargo growth, an improvement on other major US ports which declined or grew less than 1% in the same period, according to PANYNJ statistics.
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NewsFloating cranes
Innovation is the watchword for equipment designers purveying a new generation of floating crane solutions to port executives, as Mike King discovers
