Latest News – Page 1157
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MEL-ERASMUS PRIZES
Eight students representing 21 countries have obtained their Master of Science degree in Maritime Economics and Logistics (MEL) at Erasmus University, Rotterdam. The course includes modules on Port Economics focusing on issues such as privatisation and finance, whilst the Maritime Logistics module aims at delivering operational knowledge on terminal design, ...
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Corruption at Chittagong costs US$130m annually
Importers and exporters working at Bangladesh''s leading seaport of Chittagong pay an estimated US$130m in bribes every year, claims a report by the Berlin-based anti-corruption watchdog Transparency International which reviewed transactions in the port between July 2003 and June 2004. There are 37 separate points where bribes are habitually made, ...
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DPI Grabs CSXWT for US$1.4 billion
Quite literally at time of going to press we learned that Dubai Ports International (DPI) has secured the global assets of CSX World Terminals for US$1.4billion. DPI was a late runner and there will be those who are surprised to see them paying such a price. Clearly, DPI was determined ...
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SRI LANKA FACES SHORTAGE OF DRIVERS
In comparison, vessel loading and unloading added just US$6.8m to the overall cost of moving goods through the port. The report also emphasises that US$11.7m in bribes were required to smooth the passage of export consignments through Chittagong.Container road haulage companies in Sri Lanka believe they may be facing a ...
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SOUTH AFRICA TO BOOST SPENDING ON PORTS
South Africa''s transport authority, Transnet, is to implement a US$6.3 billion investment programme over the next five years to expand existing port and rail infrastructure.
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UAE TO BUILD NEW MOROCCAN PORT
In comparison, vessel loading and unloading added just US$6.8m to the overall cost of moving goods through the port. The report also emphasises that US$11.7m in bribes were required to smooth the passage of export consignments through Chittagong.The Moroccan king and a representative from the UAE Ministry of Defence have ...
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KPA INVITE TENDERS
In comparison, vessel loading and unloading added just US$6.8m to the overall cost of moving goods through the port. The report also emphasises that US$11.7m in bribes were required to smooth the passage of export consignments through Chittagong.Kenya Ports Authority (KPA) has invited tenders for the supply and implementation of ...
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Vietnam to build transhipment hub
The government of Vietnam has approved the US$3.6 billion Van Phong port project which it hopes will eventually rival that of Singapore''s in terms of movement of transhipment containers.
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FASTER CARGO CLEARANCE AT MOMBASA
Mombasa has been able to speed up cargo clearance through the establishment of a one-stop documentation centre, whilst at the same time eliminating security agents from the overall clearing process. The port has also abandoned its policy of checking all transit containers while the number of agencies handling and stamping ...
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BAHRAIN TENDER ATTRACTS NINE
Nine companies had submitted bids by the October deadline for the contract to manage both Mina Salman and Mina Khalifa ports in Bahrain. The latter is still under construction although should be operational by the end of 2006 when it will become the main port for the kingdom. Three companies ...
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GULFTAINER ACTS FOR KUWAIT
Kuwait Port Authority (KPA) is to modernise its container terminals at Shuweikh and Shuwaiba and Gulftainer has been appointed its official consultant. It is the intention to construct a 1200 metre long new terminal with four berths and alongside draught of 14.5 metres at Shuweikh.
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KCT phase 1 underway in Sharjah
Work on phase 1 of the new development at Khorfakkan Container Terminal has commenced consisting of a 400 metre berth with alongside draught of 16 metres. The 120,000 sq metre storage area will be laid out with five linear roadways running the full length of the berth for RTG operations.
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Bolivia seeks alternative access to sea
Bolivia and Peru have signed an international agreement which should improve access to the Pacific coast of Bolivia and lessen its dependency on the Chilean terminal of Arica which is being privatised. The agreement, which might eventually see Peru ceding a part of its coastline to Bolivia, will also improve ...
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Los Angeles/Long Beach congestion eases
The five-month struggle with congestion and labour shortages at the ports of Los Angeles and Long Beach appears to be easing.
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Brazil to shift agricultural exports to northeast
The main strategy adopted by the Brazilian transport ministry as a means of easing bottlenecks at ports in the south and southeast of the country is to shift agricultural exports from the centre and west of the country to ports in the northeast.
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DREDGING FIASCO AT BARRANQUILLA
After having spent approximately US$1.5m over eight years on studies to justify dredging to 40 feet the access channel at the port of Barranquilla, it now seems that the Colombian government is to restrict work to allow a draught of just 36 feet.
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TUBARAO'S CONTAINER DEVELOPMENT POTENTIAL
The growth is expected to continue over the next ten years as the port follows through on plans designed to secure future volumes. These include the purchase of 119 acres on the eastern end of the Port Jersey peninsula for the potential redevelopment of new cargo container space, the development ...
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Italian investors
The growth is expected to continue over the next ten years as the port follows through on plans designed to secure future volumes. These include the purchase of 119 acres on the eastern end of the Port Jersey peninsula for the potential redevelopment of new cargo container space, the development ...
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UNDERSTAND IT EMBRACE IT
As the demands of their customers and the expectations of their owners have changed, ports throughout the world have undergone profound structural change.
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INVESTING WHERE IT MAKES SENSE
Hamburg-Bremerhaven joint venture Eurogate will reach its target of 11.7mTEUs this year and remain focused on Europe, with no plans to go global. It will also continue a strategy for success which has seen its handling nearly double inside just six years. Eurogate Board chairman Emanuel Schiffer spoke to Tom ...