Latest News – Page 1091
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Seven chase Brisbane concession
A total of seven applications have been received from terminal operators eager to occupy new terminal space at Brisbane''s expanding port, Fisherman Islands.
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DPW FINDS AUSTRALIAN PARTNER
DP World is to partner Kaplan Equity in bidding for various port projects in Australia.This will be done through its two subsidiaries P& O Automotive & General Stevedoring and P& O Trans Australia. Kaplan Equity will take financial stakes in both these companies, with DP World retaining 25% of the ...
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NAPIER REVISES EXPANSION PLANS
Port of Napier has responded to local resident opposition and lessened the environmental impact of a development plan. Stage one of the expansion, which should begin next year, will entail replacing its current "finger piers" with a multipurpose berth capable of servicing two container vessels simultaneously.
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NEWCASTLE PRODUCER REVOLT
Coal producers are demanding a reintroduction of a rationing system at Newcastle Port to combat continued congestion. The queue of ships waiting to berth at Australia''s largest coal export port has stayed stubbornly around 50. According to local press reports, large miners like Coal & Allied and Xstrata, have lobbied ...
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Sydneysiders back retention of working port
A strong public support base is forming to campaign to keep Sydney''s Port Jackson as a working harbour.
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Tauranga ups ante in merger talks
Port of Tauranga chairperson John Parker has cast doubt over the proposed merger with Ports of Auckland, following a comment the two ports will this month need to discuss "whether or not, and how" the merger progresses.
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NewsCustoms extends x-raying hours
Increasing demand has seen the New Zealand Customs Service expand its sea container x-raying service at Ports of Auckland from a five-day to a six-day-aweek operation.
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Taiwan has opened Qingdao terminal
Taiwan-based shipping line, Evergreen, has inaugurated a new $300m container terminal at the Chinese port of Qingdao. It will provide logistics support to vessels linking China, South Korea and Japan.
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Under watchful eyes
CCTV technology can offer everything from movement detection to automated number place recognition.But first,ports must make choices on monitoring levels,coverage and layout.Felicity Landon reports
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SECURITY BRIEFING
Port surveillance systems and equipment must be cost-effective, dependable, able to operate in potentially severe weather conditions in a maritime environment, require minimum maintenance and repair and have the availability of a prompt repair response when necessary. DSSL takes a closer lookCVSS's sister company, DSSL, has launched a CCTV system ...
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Mind your P's
The end of 2006 and very early part of 2007 saw industrial action in Europe''s ports on a scale that has not been experienced for some time. The last week of December saw action at Gioia Tauro - including a one-day stoppage and which slowed traffic and prompted substantial diversions ...
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Crippling implications of US initiative
One of the more interesting announcements at the beginning of 2007 is that the opposition party in the US, the Democrats, are to fast track legislation which within three years aims to ban containers from entering the US unless they are scanned at source by US-installed equipment and fitted with ...
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NewsIs the great equity bubble about to burst?
Private equity firms and other non-public shareholder groups such as Dubai Ports World (DPW), have entered the global ports and terminals marketplace to drive up values in the industry. Perhaps the initial driving force was DPW when it entered the Indian market outbidding its rivals.
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Taking Stock
Time was when shipping lines used to divest terminal assets on the downside of the container boom and bust cycle.Nowadays,however,they have learnt a trick or two and as the recent OOIL disposal highlights they are not disposing of these assets on the downside, but on the upside and reaping the ...
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Learning Curve
It is interesting to note that an officer of Kenya Ports Authority has suggested that congestion problems in Dar es Salaam are worse than those prevalent in Mombasa, and that as a result privatisation may not be the right road for the Port of Mombasa to go down. He suggests ...
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ICTSI swoops on Shandong terminal
Global port operator International Container Terminal Services Inc (ICTSI) has bolstered its Asian port holdings with a majority share in a Chinese operator.
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China's bright star still shining
"China''s port industry shows a promising future", a recent report from Research in China has found. The study estimates that China''s port handling capacity will increase by 80% or more from 2006 to 2010 and by 2010 the annual handling capacity of Chinese ports will top 6bn tonnes. Container handing ...
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Klang and Incheon pool resources
Port Klang and Incheon Port have signed a Memorandum of Understanding (MoU) to improve trade, traffic and services between the two ports. Last year, Port Klang handled 22,000 teu from Incheon Port, a rise of 37.5% from 16,000 teu in 2005. Total throughput from South Korea was 142,000 teu in ...
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NewsOOIL terminal division sale awaits official seal
Hong Kong-based Orient Overseas (International) Ltd (OOIL) deal to sell its terminal division to Canada''s Ontario Teachers'' Pension Plan for $2.35m is awaiting approval from shareholders and competition authorities.
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WEST BENGAL FEASIBILITY
The tender for a feasibility study for a deep-water port in West Bengal has attracted bids from consultancy firms in the US, Europe and China. In addition to drawing up the report, the winning bidder will have to maintain an association with the project until it is fully implemented.
