Latest News – Page 1079
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Salalah plans massive expansion
The Port of Salalah is to increase capacity by more than 200% over the next seven years according to its new master plan. Berth 5 is due to come online by the second quarter of this year and Berth 6 by the first quarter of 2008.These will add 969 metres ...
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Philadelphia port plan under threat
Philadelphia''s maritime community has come out guns blazing in a battle to stop prime waterfront acreage falling into the hands of a non-marine business.
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RREEF finds nourishment in Maher
An affiliate of the RREEF fund, a Deutsche Bank entity investing in infrastructure assets, has confirmed that it will be acquiring Maher Terminals - active in New York and gaining a foothold in British Columbia. Prices in this private deal were not disclosed, but the frenzy created by funds ...
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Palermo environmental study illegal
An environmental license granted to Palermo Port has been ruled illegal and may be revoked,putting port development in doubt.
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NewsWork starts on West Coast security centre
The Port of Long Beach broke ground on a $20m security command and control centre in April.
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NewsVYCON plumps for Alternative offering
VYCON, the California-based manufacturer of high-cycling energy storage flywheel systems, has made a public offering on the Alternative Investment Market (AIM) of the London Stock Exchange, in a move it says will raise more funds for the continued development of its emission and fuel reduction technology.
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VENEZUELA AND CUBA IN PORT JV
Venezuela''s Ministry of Infrastructure has been instructed to set up a joint company with Cuba, which will be known as Bolivariana de Puertos (BPSA), to modernise, rehabilitate, equip and build ports in both countries. Equity will be divided 51%:49% in favour of Venezuela.
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PANAMA ADDS QUAYS
The government of Panama is to build a series of 12 quays in the province of Colón.
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PORTS AMERICA GOES LIVE
On March 17, DP World completed the sale of its former P& O Ports US assets to the AIG Global Investment Group, which will henceforth market them as Ports America.
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NY/NJ SETS RECORD
Cargo throughput at the Port of New York and New Jersey hit record levels in 2006. The rise has prompted the port authority to commit to a $2bn investment programme over the next 10 years.
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Biometrics question safety at US ports
A Federal programme aimed at improving maritime security in the US may well result in up to one million port personnel having to undergo additional background checks and obtain biometric identification cards.
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NewsICTSI granted Guayaquil concession
ICTSI has been granted a 20-year concession to manage the Ecuadorian port of Guayaquil. Its initial priority will be to reinforce existing quaysides at a cost of around $168m, taking two years to implement. Total investment across the 20 years of the concession will be around $800m.
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US short-sea shipping call
Short-sea shipping is the only answer to the US capacity crunch, according to Charles Raymond, chairman, president and chief executive of Horizon Lines. In his view,rising container imports are placing extreme pressure on an already strained transportation infrastructure.
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NewsFaster, safer, more secure
Manufacturers of auto-mooring equipment for ports and harbours see only benefits for users,as David Foxwell explains
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Salalah tests put MoorMaster through its paces
Patrick Rosenwald, technical director of Cavotec Specimas, believes that the benefits of the MoorMaster automated mooring system are best illustrated by the results of testing done at the Port of Salalah in Oman in the summer of 2005.
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NewsFinnish record breakers
Kotka''s monster gate operating system will unite two competing operators without compromising data privacy. Felicity Landon reports
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NewsDizzying demands
Hamburg is under pressure to accommodate future growth, widely anticipated to be double existing capacity, as Tom Todd discovers
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NewsBucking the trend
HHLA’ s decision to ditch a share sell-off in favour of a “ safe” IPO is understandable says consultant BMT, in conversation with Alex Hughes
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NewsBattles in Barcelona
Alex Hughes looks at the workings of the hard-fought El Prat terminal concession, asking who really benefited from the award
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NewsSteely determination
Ports are a critical hub in the steel industry’ s just-in-time supply chain.Felicity Landon looks at the challenges
