Latest News – Page 850
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Japan funds Vietnam port development
Japan''s overseas aid agency, JICA, is to team up with Japanese companies to build a Y140bn ($1.7bn) port in northern Vietnam, the Financial Times has reported.
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Unified concession process mooted
The Chilean Senate has asked the Ministry of Transport and Telecommunications to establish a single national port concessions process that includes a means of guaranteeing the rights of dockworkers in terms of social security and pensions.
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Beypore tender deserted
There were no bidders for a global tender to develop the Indian port of Beypore, despite the initial deadline having been extended at the request of two potentially interested parties. The port requires $36m, which it intends to raise through a public-private partnership scheme.
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NewsA dose of realism
Investors need to wise up to the new port investment market, says Martin Rushmere
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NCC lets go of NUTEP operation
First Quantum Group and its long-standing partner, Andrey Kobzar, have sold their 50% stake in the NUTEP (Novorossiysk) container terminal to an external investor for $115M.
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NewsMundra SEZ wins east-coast coal project
Mundra Port and Special Economic Zone (MPSEZ) has won a contract to develop a coal import terminal at Visakhapatnam.
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NewsGrowth gap narrows – for a while
When the figures come in for 2011, they might point to a narrowing of that widening growth-rate gap between the mature and emerging markets. But don''t open the champagne.
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NewsSantos goes supersize
Santos has secured funding of $679m to develop new container and liquid bulk terminals, significantly increasing the port’s present capacity.
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NewsPotent plans for Abu Dhabi
A number of new port developments are planned in the Western (Al Gharbia) region of Abu Dhabi, adding to the emirate’s aggressive port expansion plans.
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Dragados-SPL rebrands as Noatum Ports
Dragados-SPL - the Spanish port terminal operator with equity stakes in container operations in Bilbao, Valencia, Malaga and Las Palmas, and in general cargo terminals in Santander, Castellón and Sagunto - has been renamed Noatum Ports.
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The sell-off quandary
Experts in Kenya are divided as to whether the port of Mombasa should be privatised or not.
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NewsCaution counselled as uncertainty rules
Our industry expects economists to provide forecasts for the months and years ahead, prognosticating about demand and supply as well as financial returns. We spout optimism and pessimism with equanimity, but often with a lag.
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EU infrastructure project win
The European Union is to finance 51 infrastructure projects costing a combined €170m ($241m) as part of its Trans-European Transport Network. In Italy, the River Information Services in the Northern Italian Waterway System will be financed, as will the Adriatic Gateway project.
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DP World second West Bengal project
DP World has been linked with a new container port development at Kulpi in West Bengal, with negotiations said to be at an advanced state. The project, claims DP World, would be viable given an ongoing shortage of capacity in India.
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NewsSouth American spurt for ICTSI
International Container Terminal Services, Inc (ICTSI) reported 2010 results of $527.1M from its port operations, an increase of 25% over last year.
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NZ port productivity slammed
New Zealand Business Roundtable executive director Roger Kerr has strongly criticised the productivity of the local port sector.
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NewsCall for papers released!
Companies wishing to submit an abstract for the programme should do so by 12th April 2011 latest.
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NewsGreen solutions and actions for the Port of Venice
For centuries Venice was the bridge and connection for the trading within the far east countries. Shortening the way for the import of silk and spices to Europe remains a challenge. Today it’s measured in terms of CO2 and transport duration.
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NewsReducing pressure on Europe's coastal and marine areas
The European Commission has launched a public consultation to explore options for future EU action on Maritime Spatial Planning and Integrated Coastal Zone Management. The Commission is seeking the views of all interested individuals and organisations. The consultation runs for eight weeks.
