Latest News – Page 1117
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NewsFUELLED BY A HEALTH CONSCIOUS WORLD
41.6m tonnes of bulk vegetable oils and fats was traded by sea in 2003 according to Oil World data reported by Intertanko. Nick Elliott looks at the principal commodities and trade flows and at the investments being made in terminal and storage facilities.
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HOW ROTTERDAM DOES IT
Over 50% of Rotterdam''s incoming liquid cargoes consist of tropical oils such as palm and coconut oil. These, along with as soybean, rape and sunflower oil are partly transhipped directly onto inland vessels and partly stored by Vopak Vlaardingen, Koole Pernis, Maastank and Maassilo.
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GREATER PREDICTABILITY EQUALS REDUCED DEMAND FOR STORAGE
Ronald Okker, md for Vopak''s Vlaardingen facility, told PS the applications for palm oil or vegoils in general, have grown significantly in recent years. " Apart from the food industry there is the feed industry and oleochemicals*.
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Tsunami update
In the immediate aftermath of the events on 26th December last year, the maritime sector as a whole seemed to have escaped rather lightly in the tragic circumstances. Only Chennai in India and Galle in Sri Lanka had serious damage to report, and then, in the scale of things, nothing ...
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JIT AND ITS CONSEQUENCES FOR PORTS
The globalisation of trade brought with it a transformation in the way the supply chain operates, writes Ben Hackett.
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Cause and Effect, Control and Responsibility
Cause and effect is a common method of organizing and discussing ideas so let''s take a look at some cases relevant to this issue of PS. Mankind has always favoured coastal dwelling. The sea provided a rich harvest; and trade and communications were made easier. The sea has brought danger ...
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NewsReassess your insurance cover says TT Club
Too many transport operators, from NVOCCs and logistics providers to terminal facilities, are worryingly uninformed about the extent of their insurance cover, the TT Club has warned.
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PSA MARINE FORMS JOINT VENTURE WITH FUZHOU PORT AUTHORITY
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.PSA Marine has established a new joint venture with Fuzhou Port Authority Shipping Division, to provide towage services to lines calling at Jiangyin including PSA's Fuzhou-Jiangyin International Container Terminal. The joint venture represents PSA Marine's ...
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PSA EYES HAZIRA
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.According to press sources in India, PSA has reportedly made a bid for a 74% stake in the multi-cargo port project being developed by Royal Dutch Shell at Hazira which includes an LNG facility and ...
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NewsLocal ports help with relief operations
Port of Tanjung Pelepas (PTP), has teamed up with Senai airport to offer their facilities to international aid agencies.
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US SIGNS WITH BELGIUM
Belgium and the US have agreed to co-ordinate security at Belgian ports to detect illicit trafficking in nuclear and radioactive material. The US government will invest € 11.25m in the next three years. Belgium will initially waive € 1.02m in taxes for port contractors and invest in personnel and equipment ...
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Warning on EU security proposal
New EU proposals to enhance port security could have far reaching implications for operators and passengers of ro-ro vessels. If passed as legislation, one of the proposed measures of the EU directive would be to require security checks on the contents of all cars and goods vehicles waiting to board ...
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MUSC WINS €7MVENICE PORT SECURITY CONTRACT
Whether known as hurricane or typhoon, we are all too familiar with these most ferocious of storms and their consequences: damage, destruction and, for some unfortunate souls, death.Maritime and Underwater Security Consultants (MUSC) is to deliver the second phase of Venice's security strategy in preparation for phase 3 of the ...
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TWIC goes to prototype
US Transportation Security Administration officials have entered a new phase of testing the Transportation Worker Identity Credential (TWIC) programme at Long Beach Container Terminal. The credential programme is in the prototype phase and will eventually include 34 sites in six states. For the next seven months, about 200,000 people will ...
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NewsTerrorist warning from underwriter
A leading British underwriter has warned that global super ports represent an attractive target to terrorists. Justin Priestley, head of the special risks and terrorism team at Aon Corp says transport infrastructure is a favourite terrorist target because of the severe economic disruption it would cause.
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CSS SELECTED
Speaking at the International Union of Marine Insurance conference in Singapore, Priestley said: "Ports around the world now face the risk of chemical, biological, radiological and nuclear (CBRN) terrorist threats along with other threats such as home-made bombs.UK security systems consultant, CSS has won the contract to design and install ...
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Cosco buys into Antwerp Gateway
COSCO Pacific Limited is buying a 25% shareholding in P& O Ports'' new container terminal, Antwerp Gateway.
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LE HAVRE SIGNS FIRST NEW BOX TERMINAL CONCESSION
Rotterdam's container movements jumped by more than 12% to 9.3m TEUs whilst Antwerp registered 6.5m TEUs up nearly 7% on the previous year.Le Havre port authority and stevedores Generale de Manutention Portuaire (GMP) have signed the first concession agreement covering the initial stage of the Port 2000 development. GMP will ...
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NewsBCT clinches US$36m loan
Baltic Container Terminal (BCT) in Gdynia has concluded arrangements with Bank Austria Creditanstalt AG (BA-CA) and Bank BPH (BPH), both members of the HVB Group, for a US$36m term loan facility to be used in conjunction with the initial phases of BCT''s capacity expansion programme. The loan facility will help ...
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SETUBAL AWARDS MULTI-PURPOSE TERMINAL CONCESSION
Germany's DVD Bank is also participating in the transaction in syndication.Portugal's Setubal and Sesimbra port authority and the Tersado and Sadaport companies have signed concession contracts covering zones one and two of the Setubal Multi-Purpose Terminal. The operating companies are controlled by a consortium consisting of Setefrete, Mota-Engil and Empresa ...
