Latest News – Page 1143
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NewsIndian infrastructure needs US$150bn
India''s Transport Minister, T R Baalu, recently announced that his country is seeking up to US$150bn to fund port, road and other transport infrastructure projects.
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CHENNAI
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.India's government has given permission for Hutchison Port Holdings to bid for the second container terminal at the port of Chennai. This follows an earlier decision to allow ...
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COCHIN
The local stevedores were originally encouraged when investing in their operating licences, to also make investments in cargo handing equipment and other assets.Cochin Port Trust is to undertake an inquiry following the collapse of Q-4 berth at Mattanchery Wharf which resulted in the loss of 3,500 tons of salt. The ...
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NewsCalifornia governor
During 2008, PANYNJ reported that total container traffic in the port was 5.27m teu, compared with 5.3m teu in 2007.California governor Arnold Schwarzenegger has proposed spending over US$222bn on infrastructure including port projects without raising taxes following a call for more investment by four of his predecessors. Part of the ...
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NewsCarolinas' ambitions
Nine shipping lines and terminal operators form part of three proposals submitted to the South Carolina State Ports Authority (SCSPA), requesting participation in the development of a new three berth, 280 acre terminal in Charleston on the former US Naval Complex, SCSPA has announced.
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TAX BREAK PROMPTS BRAZILIAN INVESTMENT
The decision to waive import charges on port handling equipment for three years has prompted a rethink on the level of investment originally envisaged for the Acu Terminal, in Sao Joao da Barra. This should help speed up implementation of what is a $1bn initial development phase. The terminal, which ...
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NEW YORK/ NEW JERSEY
The port authority has outlined core marketing and operational strategies focusing on adding all-water services to and from Asia
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Libra promises capacity boost
In the next two years Santos port operator Libra Terminais is to boost box handling capacity by 50%. However, this depends on the port authority carrying out two commitments it agreed to when awarding the company the concession for Terminal 35: realigning an existing rail link which is disrupting productivity, ...
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NewsThe Art of the Impossible
Containerisation has fundamentally changed the way cargo handling services are paid for. Gustaaf de Monie explores an intricate subject.
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NewsThe post-concession race: have they heard the gun?
The shelved Ledeco project in Abidjan (see PS March and Oct 2004) would have provided solutions to all the problems raised above.
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NewsWill Concessions do the trick?
Steve Cameron looks at the current round of concessioning and asks will they provide a solution to West Africa''s pressing congestion problems.
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NewsPorts surf the growth wave
As the UAE and other regional players steer their economies onward and upward, their ports are racing to keep up with demand, both actual and forecast. Nick Elliott reports.
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Time to reflect on the broader economic future for 2006
The global economy has once again surprised pessimists by its tremendous staying power, replacing past concerns that global growth might falter with inflationary worries, fuelled by high and rising oil prices. We see growth slowing marginally this year, compared to last, but if the almighty consumer does not lose heart ...
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NewsUse this rich era of growth to clean up our act
Economist Ben Hackett rings in the new year with some positive news. Despite predictions to the contrary, the global economy is in robust shape and will remain so, provided of course the ''almighty'' consumer (you and me) does not lose heart.
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NZ ports mull post merger reshuffle
New Zealand''s ports are jostling for business as a potential over-tonnaging situation develops following Maersk''s absorption of P& O Nedlloyd and its subsequent withdrawal of that line from services such as the " Eastabout" and " Westabout" Vessel Sharing Arrangements (VSAs) to Europe.
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NewsMooring solution could prevent interruptions
Two German companies have teamed to develop a new type of mooring system for vessels in exposed locations of the type likely to be used for the new generation of offshore LNG terminals. Working in close collaboration with Hatlapa, the new mooring concept was developed by Marine Service GmbH, a ...
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NewsA taste of life Offshore
As a new generation of LNG tankers looms, the terminals for such ships will - in most instances - be located far from conventional, sheltered harbours. David Foxwell investigates.
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Where are the benefits?
Jack Gaston approached Stephen Eastwood ceo Europe, of Adsteam Towage - for PS, with some important questions relating to the application of ISO and ISM standards.
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NewsSafety and quality paramount
Towage companies whose core business is aimed principally at providing ship-handling services are becoming increasingly concerned with the need to comply with recognised international standards for quality and safety. Jack Gaston reports.
