Latest News – Page 1079
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News
Taking stock
Other than for a select number of Chinese ports, stock exchange flotation has so far not proved a hugely popular method of raising cash in the international ports industry. Indeed, recent times have seen a number of significant players exit from public listings as they have been acquired by private ...
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Lesson in the importance of hinterland competition
There is not a day that passes without a senior industry executive warning of the dangers of congestion and lack of terminal capacity. I have come to the conclusion that this is usually tied to the acquisition of subsidised state funding and\or permissions from state authorities to go ahead with ...
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Does size really matter in the terminal operating game?
Interesting times in the US, sparked originally by DP World’ s forced sale of its US assets, the former P& O Ports US portfolio. 
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Time for Clarity
Port tariff reform is not a subject that “ rings everyone’ s bell” , but it is an important one worth paying some attention to. Larger ports will tend to have the subject fairly high on their agenda; others in the middle range and lower are not always so diligent. 
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ABB ASIAN BONANZA
Zurich-based engineering company ABB has netted more than $65m in orders for crane systems at Asian ports.The contracts cover the supply of automation and electrical systems for 74 ZPMC cranes, for delivery in 2008 and 2009. 
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JADE'S EASTERN PROMISE
New Zealand’ s Jade Software Corporation has signed an Memorandum of Understanding with CMC Limited of India to “ accelerate the rate of use and deployment of Jade technology and applications” .
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Haldia Dock at saturation point
Calcutta’ s Haldia Dock Authority has conceded it has reached saturation point, with an increase last year of just 0.28% to 42.45m tonnes. Today, ships can wait up to 18-19 days before berthing. 
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Dublin Port Company active in Indonesia
Sabang Free Trade Zone Management Board in Indonesia’ s Aceh province has put together a joint venture with Dublin Port Company of Ireland to undertake a $445m investment in the Port of Sabang. 
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Auto-pilot for Kalmar facility
Its first project will be to test the automation and control systems developed for HHLA’ s conversion of Container Terminal Burchardkai (CTB) from straddle carriers to automatic stacking cranes (ASC), pictured here. 
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Swiss-challenge in Subic Bay
A Swiss-challenge bidding system has been adopted in the Philippines for the award of a 30-year contract to manage Container Terminal 1 at Subic Bay Freeport. 
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VIETNAM HANDLING FEE
Exporters in Vietnam may well have to pay $200m annually if shipping lines go ahead with a planned terminal handling fee, which will add $65 per teu. The government claims that this will negatively impact on producers of low value added items.However, it will bring Vietnam in line with other ...
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INDIA CONSORTIUM CHOSEN
A Maytas Infra-led consortium has been chosen to develop the proposed new Machilipatam port at Gilakaladinne, in India. Initially, the port was to be sited at Gogileru.
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TRAFFIC IN INDIA UP 10%
India’ s 12 leading ports handled a total of 463.8m tonnes in 2006- 07, equivalent to an increase of 9.51% over the 423.6m tonnes reported for the previous year. Nevertheless, the target forecast had been for 465.7m tonnes, resulting in a 0.4% shortfall.The three leading ports were: Visakhapatnam (56.3m tonnes), ...
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QASIM BULK STORAGE
A joint-venture encompassing FELDA of Malaysia and Pakistan’ s Westbury Group have inaugurated 100,000 tonnes of additional storage capacity at Mapak Qasim Bulkers in Port Qasim.This will be used for edible oils, molasses and other liquid cargoes.
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Death of domestic for Colombo
The association of Sri Lanka’ s Clearing and Forwarding Agents is lobbying the government with a view to moving all domestic containers away from Colombo port as a means of easing congestion. 
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Tianjin's deep water goals
The Chinese port of Tianjin is spending $89.25m on creating the world’ s largest manmade deep water port. 
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Saigon favours electric avenue
Vietnam’ s Saigon Newport Company (SNP) has plumped for ten Kalmar Industries E-One type rubber-tyred gantry (RTGs) cranes, underlining the increasing demand for environmentally sensitive handling machines. 
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Crane calamities
Serious injuries or fatalities, high equipment replacement costs, berths put out of action, prolonged insurance and legal ramifications – crane knockdowns can have a catastrophic effect. Felicity Landon investigates
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Reducing the knockdown risks
Whether a crane knockdown is caused by structural failure, weather or being hit by a ship, steps can be taken to reduce the risks, says Laurence Jones, TT Club’ s risk assessment manager. Structural failure can be due to overload, prior damage, fatigue or design error. 
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Don't skimp on recommissioning inspections
Decommissioned or infrequently used cranes pose their own problems, says Stuart Armstrong, a senior associate in law firm Pinsent Masons’ litigation department.