Latest News – Page 1064
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Dual listing mooted for P&O Ports
DP World is said to be considering the possibility of floating P& O Ports on both the London Stock Exchange and Dubai International Financial Centre less than 12 months after acquiring it. The flotation would value the company at an estimated £ 6bn ( € 8.76m), although only 20% of ...
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ABP fate sealed as LSE delisting is finalised
Associated British Ports (ABP), one of the first port companies to be floated on the stock exchange, has delisted. The move seals the formal takeover of the UK group by Goldman Sachs-led consortium, Admiral Acquisitions UK, who paid £ 2.79bn for company.
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TRIPLOCK TRACKING TRIALS
The Overseas Shippers Association has been taking part in trials to track containers using a device called TripLock, supplied by UK-based telematics company Aeromark.
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THREE BID FOR SAVONA TERMINAL
Savona port authority in Italy has received three bids to operate a multipurpose terminal at Vado Ligure, which will handle both liquid bulk and containers.
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PORTEK IN MALTESE VENTURE
An area of 250,000 sq m will be reclaimed from the sea, giving the terminal alongside draught of 15 metres-20 metres. In all, 200,000 sq m will be dedicated to container handling and the rest to liquid bulk handling. Portek International (55%) and the Maltese group Tumas (45%), trading at ...
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NewsFifth SCT berth planned
Southampton Container Terminals has announced that it plans to open a fifth berth to handle containers at the Port of Southampton in a bid to attract more feeder traffic.
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Ravenna to build new box terminal
A feasibility study undertaken on behalf of Ravenna Port Authority has shown that it would be both financially and technically possible to justify deepening the draught of the port to 14.5 metres.
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BOSKALIS PROFIT RISE
Royal Boskalis Westminster achieved a substantially higher net profit of 37.8m in the first half of 2006.
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ROTTERDAM THROUGHPUT UP
The Port of Rotterdam handled 186m tonnes of cargo in the first half of 2006, 1.1% more than in the first half of 2005.
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NewsRotterdam's racing form
Rotterdam welcomed the world''s largest sailing Formula 1 racing car last month, in the form of a ''car-boat'' built around an inland waterway ship. At 40 meters long and 12 meters wide, the ''car-boat'' produced the sound and smoke of burning rubber while cruising through the port and surrounding area.
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New record for Mediterranean crane size
Gioia Tauro has taken delivery of what it claims are the largest cranes in the Mediterranean.
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Low wages delay automation in Poland
Robin MacLeod, technical director at DCT Gdansk in Poland, has told Port Strategy that terminal automation in Poland will only become an option when Polish wages increase substantially, or when it proves difficult to recruit sufficient labour of the right kind.
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STRONG GROWTH FOR KONECRANES
Well-balanced growth continues at KCI Konecranes, with manufacturing output up and second quarter order intake setting another record at 369.2m. Full year sales growth expectation has risen from over 35% to 40%-45%.
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Cerescorp opts for Liebherr cranes in Montreal
Liebherr Container Cranes has committed to supply one post panamax crane to Cerescorp''s Termont Terminal during the third quarter 2007.
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DOUALA SCANNER
A container scanner has been installed at Douala Port, Cameroon, in a bid to beat customs fraud and speed inspection procedures.
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MES green crane to cut fuel costs
Mitsui Engineering & Shipbuilding Co has showcased a new yard crane which promises all-electrified movement, high efficiency and energy- and maintenance saving operation.
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NewsLuderitz upgrades quay
High oil prices and international moves to support environmentally friendly product and services were key drivers in the creation of this cranes, according to the company.A 500 metre new quay has been built at the Namibian port of Luderitz, allowing it to handle medium-sized feeder vessels. The quay, with a ...
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KPA PROFIT SLUMP
High oil prices and international moves to support environmentally friendly product and services were key drivers in the creation of this cranes, according to the company.Kenya Port Authority reports a pre-tax profit of $51.4m this financial year, compared with $143m in the previous period. Traffic at Mombasa is expected to ...
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KENYA PLANS SECOND DEEP-SEA PORT
High oil prices and international moves to support environmentally friendly product and services were key drivers in the creation of this cranes, according to the company.Kenya is to build a second deepwater port at Lamu at a cost of 194m. This will also involve constructing a railway link between the ...
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Six gang up on APM at Tin Can Island
Following the Nigerian government''s decision to award APM Terminals the concession to operate Tin Can Island container terminal, six local shipping lines have put together a consortium which aims to set up a rival box handling facility. Alraine Nigeria Limited, Wasa, Hullblyte Elder Demster Agency, Blue Funnel, Transcap Nigeria Limited ...
