Latest News – Page 1152
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Asia: 'The way forward'
A study into the drastic fall in infrastructure investment in Asia since the currency crisis of 1997 has been initiated by the region''s three major development financial institutions. Both public and private sector financing for infrastructure have fallen despite the huge need for infrastructure development in the Asia-Pacific region and ...
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GPA reports growth at both ports
Georgia Governor Sonny Perdue has announced a $110m project at Savannah that will expand the capacity of the Garden City Terminal by 20% increasing what is already claimed to be the largest single terminal container facility on the coast between Maine and Texas.
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Evergreen gets new Tacoma terminal
The port of Tacoma has awarded the largest single capital improvement contract in its history. ICON Materials, the low bidder, will manage construction of a new container terminal for Evergreen America Inc.
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Copersucar expands capacity at Santos
The Brazilian Copersucar Co-operative has revealed plans to continue adding to its capacity at the port of Santos where it operates the Copersucar Sugar Terminal (TAC). A new 110,000-tonne dual-cell silo is to be developed out of the existing XI storage area, which will allow the company to simultaneously handle ...
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Confusion in Qingdao
Qingdao Port Authority (QPA) has confirmed its decision to award a major expansion contract, Qianwan Phase IV, to a consortium after the same project was apparently awarded to CSX World Terminals by the Qingdao municipal government.
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India adds terminal capacity
P& O Ports will not be interested in a new container terminal development at the Indian port of Hazira, which it says is " not a viable site" given adverse tidal and weather conditions. The company reports that it had looked three times at Hazira before rejecting it. To give ...
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ICTSI tipped for Port of Spain
Reports from Trinidad indicate that International Container Terminal Services Inc (ICTSI) has secured the container handling concession at Port of Spain.
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PSA out-manoeuvred in Shanghai..
Confusion surrounds the $12.07bn development of a new 54-berth deep-water port on Yangshan Island, which will be connected to Shanghai via a new 30km bridge.
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JNPT backtracks on MGT
Jawaharlal Nehru Port Trust (JNPT) has dropped proposals to adopt the Minimum Guaranteed Throughput (MGT) formula as part of bid conditions linked to the construction of the third container terminal.
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ICTSI calls for tenders for Gdynia
International Container Services Inc (ICTSI) is to press ahead immediately with the $100m expansion plan for its Baltic Container Terminal (BCT) in Gdynia. Formal approval for the two-phase plan was ratified at the beginning of October in the wake of sustained traffic advances at the terminal following ICTSI''s takeover in ...
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Board questions new Santos car terminal
The Board of Directors of the port of Santos (CAP) is examining the decision of the port company, Codesp, to permit Santos Brasil S.A. to establish a temporary new vehicles terminal on land allocated to develop the container trade.
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ABP posts 7% increase
Whilst ABP''s UK ports and transport turnover was up 7% to £ 172m in the first half of 2003, operating profit increased just 4% to £ 74m.
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Tanga targets northern trade
Tanzania''s second port of Tanga is targeting exporters in the country''s northern regions of Kilimanjara and Arusha in a concerted drive to expand its hinterland.
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Ports of the World is out
Lloyd' s List Ports of the World 2004, featuring over 2,600 commercially active ports, has been published. 55 new ports have been added to the two-volume set which costs £ 249/$413.
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Jan De Nul builds in China
51morder for four self-propelled split-hopper barges with a capacity of € 3,700m 3each for delivery from March 2005. The barges will be built by Tianjin Xinhe Shipyard in China.
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Kalmar's terminal tractors go global
Kalmar' s aim to develop a global production latform for terminal tractors has moved forward with the first units rolling out of its Shanghai assembly plant.
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Van Oord to buy out Ballast HAM
The Royal BAM Group' s Ballast HAM Dredging (BHD) and Van Oord are to merge.