Latest News – Page 1115
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NEW PORT FOR PANAMA
The Panamanian government is due to issue a tender in 2005 for a mega-port at the Pacific mouth of the Panama Canal costing US$600m.
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DVB Bank finances port projects in Finland and Russia
DVB Bank has closed a € 71m investment project with new Irish port operator, Multi-Link Terminals Ltd (MLT). The transaction relates to MLT''s container terminal operations in Helsinki and Kotka in Finland and Litke Bay on Kotlin Island near St Petersburg. The current capacity of the Helsinki container terminal is ...
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Rotterdam
Further expansion is required in order to meet future demand and the aim, in respect of the Kotka project, is to add container terminal equipment equivalent to a capacity of up to 50,000TEUs per year. The capacity of the Litke Bay Terminal is to be increased to 150,000TEUs (Phase II) ...
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CADIZ BAY TO INVEST €91M
Cadiz is investing € 91m in infrastructure upgrades during the period 20032008.
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SAPO OBJECTS TO REGULATOR'S PROPOSED POWERS
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.South Africa's National Ports Authority (NPA) is objecting to plans to give the new independent ports regulator power to determine tariffs. The proposal, which aims at ensuring that the NPA does not abuse its monopoly ...
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10,000 TO GO IN NIGERIAN PORT PRIVATISATION
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.The Nigerian government has confirmed that 10,000 employees of the Nigerian Ports Authority will be made redundant as part of the state concession programme. This will leave a rump of just 2,000 workers.
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Rail wagons to ease congestion
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.Kenya Ports Authority is to place an order for 400 railway wagon flats as a means of easing congestion at the port of Mombasa. 200 will be purchased outright and the rest leased. At present, ...
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US SUPPORTS PRIVATISATION OF CHITTAGONG
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.The US has pledged its support for the modernisation of Bangladesh's Chittagong Port and Export Processing Zone. US Deputy Assistant Secretary of State for South Asia, Torkel Patterson, emphasised this would mean the privatisation of ...
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JAPAN TO FINANCE SECOND BOX TERMINAL AT MOMBASA
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.Japan is to provide financial help amounting to $99m to build a second container terminal at the port of Mombasa. The terminal, which will occupy a 46-hectare site, will be built within three years.
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BANGLADESH TO BUILD NEW DEEPSEA PORT
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.The Bangladeshi government is to undertake a technical and economic feasibility study commencing in January 2005 for the development of a deepsea port. Three possible sites have already been identified, two of which are in ...
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HPH EYES ISRAELI PORTS
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.Hutchison Port Holdings has ...
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CMA-CGM ship
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.Containers of water, rice ...
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FRENCH AND MALAYSIANS INVEST IN IRAN
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.Iran's South Pars gas ...
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EU TO REBUILD ZANZIBAR PORT
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.The European Union has ...
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CHINA SHIPPING TO DEVELOP JINZHOU BOX TERMINAL
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.China Shipping Terminal Development, ...
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Hong Kong needs 10th container terminal
A Hong Kong government study forecasts that the territory will require a brand new container terminal by 2015, but also that handling costs must be capped to remain competitive with competing facilities at the neighbouring Chinese port of Shenzhen. Hong Kong is already losing market share to its rival, which ...
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Executive move worries union
An Otago union leader has expressed concern over the recent departure of Port Otago chief executive Rene Bakx to the role of infrastructure manager with neighbouring Lyttelton Port Company (LPC).
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PSA Singapore Terminals
PSA Singapore Terminals handled 20.6TEUs) last year, up 2.5mTEUs on 2003, a 14.1% jump. In addition to strong organic growth in volumes from existing customers, the PSA harvested a bumper crop of 36 new services in 2004 - more than double the 15 services it took on the year before. ...
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Shanghai now world's busiest port
Shanghai overtook Rotterdam to become the world''s busiest port in 2004. Growth this year of 20% brought total throughput to 370 million tonnes, compared to the 350 million tonnes handled by Rotterdam, which is itself a record. Box traffic rose by 25% to14.5mTEUs, while that at Rotterdam was on course ...
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Chennai unhappy with Ennore box terminal development
Ennore Port has issued a Request for Qualifications from terminal operators interested in building a US$160m container terminal at what is India''s first corporate port.