Latest News – Page 1079
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SINGAPORE SOFTWARE
A new internet-based service to better predict the state of the currents at a given period, not only on the approaches to the port, but also alongside the berths themselves has proved popular in the Port of Singapore.
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NewsColombo identifies Cochin as major threat
Colombo Port Authority has publicly recognised the threat being posed by DP World''s new box handling facility, Vallarpadam International Transhipment Container Terminal, currently under construction at the port of Cochin. Within eight years, this will handle around 15 times as many containers as it does today.
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State bureaucracy killing Indian orders.
State-run ports in India are failing to provide private sector manufacturers with sufficient work in respect of new crane and equipment construction. A slow decision-making process and onerous terms and conditions in contracts have been blamed for the slowdown,which has led to only limited bids in response to state-issued tenders.
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NewsChennai Port to build wind farm
Chennai Port Trust has announced plans to build a wind farm at a cost of $16.8m. The tender is due to be issued shortly for what will be the first project of its kind undertaken by Indian ports. Chennai Port annually consumes 30m units costing $6.7m, which the governing body ...
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News1,000,000th teu
International Container Terminal Services Inc''s (ICTSI) Manila container terminal celebrates hitting 1m teu for the fifth straight year, proof, it says, of the terminal''s recovering volume growth. ICTSI''s net income for the third quarter was $9.1m, up 25% over the corresponding period in 2005.
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TERCAT SEEKS NEW GANTRY CRANES
Barcelona box terminal operator Tercat, which has been awarded the concession to operate the port''s third container handling facility, has invited bids for the supply of six new quayside gantry cranes. Known to have already presented an offer, worth a rumoured $36m, is Paceco España. In total, Tercat will ...
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TMB IN EXPANSION MOOD
Terminales Marítimas de Bilbao (TMB) plans to add a further 25,000 square metres to its existing concession. This announcement comes just 18 months after terminal management had to ask the port authority to relieve it of 33,278 square metres of concession area given a shortage of traffic. The new ...
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UK ports back in vogue
A sea change in ownership and huge amounts of investment mean that the future has never looked brighter for the UK ports industry, Forth Ports chief executive Charles Hammond has told maritime experts.
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NewsEuromax welcomes crane arrival
Rotterdam''s Euromax terminal welcomed the first of sixteen cranes last month The sixteen cranes, together with another three barge/feeder cranes and twelve 23-wide quay cranes, will perform the ship-to-shore operations at the terminal in the port''s Maasvlakte area. Scheduled to be operational by the end of next year, the first ...
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ROTTERDAM BOUNCES BACK
Throughput at the port of Rotterdam over the first nine months of the year has made a mild recovery, increasing by 1.5% in comparison with the same period last year.The 281m tonnes throughput puts the port "back on track as regards the realisation of its overall 2% growth prognosis for ...
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ANTWERP VTS FIRST
The port of Antwerp has commissioned Barco and Fabricom GTI to install a Vessel Traffic Services system.The system, including new radars, was commissioned by the Flemish Agency for Maritime Services and Coast, Shipping Assistance Division and by the port of Antwerp.The contract has a total value of ¢ 4.2m.
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HALCROW CHARITY LAUNCH
UK-based ports and engineering consultant Halcrow has launched an independent charity to tackle poverty and suffering around the world.The company has pledged 0.5% of its annual profits, as well as staff time and resources to the cause. Halcrow staff also make direct contributions and take part in fund-raising activities.More information ...
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SWISS CONTRACT
Swiss logistics service provider Bertschi has won a contract to build a rail terminal in the Botlek area of the port of Rotterdam.
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Peel deal cements port attraction
Proof of the unwavering investor interest in ports,Deutsche Bank''s asset management arm has snapped up a 49% stake in the UK''s second largest ports group Peel Ports for £ 750m.
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NewsSteel boost for Welsh ports
Associated British Ports (ABP) has renewed a three-year contract with Corus for steel coil shipments through its Newport and Swansea ports.
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APM seals Dunkirk majority
APM Terminals has purchased a majority 61% share in the Dunkirk container terminal operation Nord France Terminal International. When the tender for operation of the terminal was released last year Dubai Ports International, CMA CGM, and Australia''s International Infrastructure Management all expressed an interest. However, APM Terminals beat off the ...
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Dragados-SPL refinances
Dragados-SPL, which belongs to the Spanish construction and services group ACS, has agreed a syndicated loan of ¢ 280m to refinance some existing debts and also to fund new investment.
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Shot in the arm for Saldanha
Investment totalling $679m will be ploughed into South Africa''s iron ore export port of Saldanha over the next six years to treble export capacity. As part of its expansion plan,the port will be made ready to receive and load ever larger ships, whose number is expected to increase by 70% ...
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DP World to re-brand P&O Ports
DP World is to unify its port and terminal operation under a single brand name, which is expected to be revealed within the next six months. Currently, both the DP World and P& O Ports brands are used at the 51 terminals operated by the group in 24 countries.
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TPA to concession ports
Tanzania Ports Authority has announced plans to lease out Kigoma Cargo Terminal and Kassanga Port on Lake Tanganyika.
