Latest News – Page 1067
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Singapore property price pull
Property prices in Singapore could make it difficult for authorities in that country to expand port facilities in the longer term, claim experts in Malaysia.
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Shanghai now number two
Shanghai has overtaken Hong Kong to become the second largest container port in the world.
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Japan funds Angolan rehab
Japan is to provide $65m to rehabilitate the Southern Angolan ports of Lobito and Namibe by 2010. According to Japanese consultants, Lobito needs $35m of upgrading work and Namibe $30m.
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NewsPTP positions itself for box dominance
The government of Malaysia is to rationalise traffic at the ports of Tanjung Pelepas and Johor. The former will henceforth concentrate purely on container traffic, while Johor will specialise in non-containerised cargo. Both are owned by MMC Corporation.
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Chinese capacity constraints
Chinese experts predict that by 2010 national ports will be handling 8bn tonnes of cargo annually and 170m teu. Existing capacity is for 5.6bn tonnes and 93m teu.
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NewsEnergy boost
Ports are taking up the green challenge, seeking out various ways of reducing both fuel consumption and engine emissions. Alex Hughes reports
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TSI powers ahead with hybrid crane trials
TSI Terminal Systems Inc, which operates the Deltaport and Vanterm container terminals in the Port of Vancouver, is trialling a new hybrid RTG,which is able to regenerate kinetic and potential energy to battery banks during braking manoeuvres.
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NewsNo stone unturned
HIT is hedging its bets running a number of ‘ green schemes’ concurrently to improve RTG emissions and noise, as Alex Hughes explains
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NewsWake-up call
Time for a serious rethink on regulating port pricing in India’ s major ports. Mike Mundy explains why
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NewsPersonal banking
India needs to capture private sector investment if it is to realise its full future potential. Gordon Feller reports
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NewsNew mobile cranes for ICTSI Syria
ICTSI subsidiary Tartous Inter-national Container Terminal has contracted manufacturer Liebherr for two new mobile harbour cranes, a first for Syria. Tradition-ally, container handling in the country has been undertaken by geared vessels.
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DP World commits to long-term financing
DP World plans to issue both conventional bonds and Islamic bonds as a means of extending its debt maturity profile.
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Saqr to boost berthage
Four new berths have been commissioned at Saqr Port in the United Arab Emirates. These 795 metre long berths will bring to 12 the number of operational berths available to shipping. The port recently opened a new 350,000 teu container terminal operated by KGL Ports.
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Two Ngqura box terminals
Private-sector companies are going to be asked to bid for two large container terminals at South Africa' s Ngqura Port, which will require investment of € 841m ($1.1bn). These will be able to handle 3m teu annually, with expansion potential to eventually handle 4m teu.
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Ashdod investigated for nepotism
Israel' s State Comptroller is investigating reports of nepotism at Ashdod Port Company Limited. Of concern is the fact that most employees being hired already have family members working for the company. No new hiring will take place at the port until the report conclusions have been released.
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South Africa appoints regulator
South Africa is to introduce a National Ports Regulator, which will assume one of the two roles formerly undertaken by the National Ports Authority, whose own activities are now restricted to those of port landlord.
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Lake Nyasa terminal planned
A tender has been issued by Tanzania ports authority in respect of the construction of a port jetty at Mbamba Bay port on Lake Nyasa. Work is slated to commence later this year.
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Lagos management split
Nigerian Port Authority in Lagos has been divided into two separate elements: NPA Western Port and NPA Eastern port, in a bid to speed up response time at the ports and improve efficiency.
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Mombasa grain float
Grain Bulk Handlers Ltd, which operates a grain terminal at the port of Mombasa, is to undertake an initial public offering early next year. Listing of shares will take place on the Nairobi stock exchange.
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NewsComoros dragged into 21st century
Gulfcom, the joint-venture put together by Sharjah-based stevedore Gulftainer to manage Moroni Port in the Comoros Islands, has made drastic changes to working practices.
