Latest News – Page 831
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NewsNingbo floatation smaller than planned
Although smaller than originally planned, Ningbo Port Company has raised Yuan7.4bn ($1.1bn) from its Shanghai floatation which was 20% reduced from its original offering of 2.5bn shares.
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Colombo’s deep water
Sri Lanka has awarded a contract for a new deep-water container terminal in Colombo port to a consortium made up of China Merchant Holdings International and conglomerate Aitken Spence.
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New reefer facility for Davao
Handling of the growing fruit trade in the Port of Davao, the main transit point for Philippine bananas, is being assisted by a new reefer facility at the Sasa Wharf operation.
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Computer glitch hits Manila
ICTSI has attributed recent traffic jams at its Manila International Container Terminal to computer glitches, which it characterises as being "minor" and "intermittent" in nature.
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NewsAPM takes Monrovia concession
Preferred bidder APM Terminals has won the 25-year concession for the operation of Liberia’s Port of Monrovia and now faces an investment bill of $120m over the term.
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Coquimbo privatisation to go ahead
Chile''s Constitutional Tribunal has overturned an attempt by the port workers at Coquimbo to prevent modernisation of their facility from going ahead.
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NewsGrowing differences across the globe
There are qualitative as well as quantitative differences emerging between the more mature and emerging markets, highlighted by more than just growth rates.
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NewsPiracy issues will hit ports
The growth of piracy has put pressure on ports to decide on their attitudes and policy.
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NewsMedia war for Marseilles
“The best job in the world” is the title of an advertisement published by the employers at Marseilles Fos-sur-Mer - followed by an offer of a job as a crane driver at the port.
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NewsRinging the changes
What are the consequences of the world recession for the international container terminal operating sector? We''ve put together a rundown of a few that are manifest and some that are just emerging.
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NewsThe hunt for Efficiency
Cape Town has transitioned to RTG cranes as part of a Rand5.6bn expansion and efficiency programme. Denis Gathanju reports
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Take time to connect
Specialist professional indemnity mutual, International Transport Intermediaries Club has advised transport professionals to spend more time sourcing insurance protection to meet risk.
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NewsToo little, too late
Israel’s softly, softly approach to reformation could be its downfall. Mike Mundy reports
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NewsPositive news, but changes ahead
The positive news from Drewry is that 2010 has seen a surprisingly strong improvement by the major container industry stakeholders – but the recovery needs care, attention and above all co-operation to keep going.
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Dryports explored
Exactly what are the opportunities and challenges in using a dryport as a link in the supply chain? These are the subjects being broached at a special conference this month.
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NewsPorts impacted by drought - and locusts
Hit by both pests and drought, a sharp fall in Australian wheat production may well depress throughput in some of the country’s largest grain ports.
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NewsAn answer for Venice?
Caught between being part of a difficult economy which needs deep water terminals to keep afloat, and a famously fragile city which is itself in danger of floating, the Port of Venice may have found a solution.
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NewsCranes encounter structural issues
An analysis of port and terminal incidents has revealed a disturbing number of major structural failures in port equipment in recent years, causing not just costly repairs and operational downtime but also serious accidents.
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Adding value at Durban
Durban is home to two of the region’s busiest container terminals – Durban Container Terminal and Pier 1. Transnet is currently re-engineering the port to increase capacity to 2.9m teu.
