Latest News – Page 883
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Singapore reduces dues concession
The recovery in the global economy and shipping industry has prompted the Port of Singapore to reduce its port dues concession.
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NSW ports' minister announced
New South Wales has a new Minister for Ports and Waterways. Eric Roozendaal has been chosen by Premier Kristina Keneally and will also remain as Treasurer. Mr Roozendaal had six months in the role in 2005/06 and says he is committed to delivering improved ports infrastructure.
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NewsTransparent process for those in good financial health
European interest rates are currently very competitive, since the reference Euribor index is at a historically low level, writes Alex Hughes.
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NewsKenya asks for Lamu bids
Kenya is constructing a new port, just north of Mombasa, as part of an ambitious plan to open a trade corridor to Africa’s interior.
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NewsMajor investment for Ukraine ports
Ukraine''s Ministry of Transport & Communications has said it is seeking private sector investment to the tune of $470m at the ports of Illichivsk and Yuzhny.
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NewsNarrowing field for Brisbane sale
There are just two bids left for the port of Brisbane and its 10 million tonne coal facility, as investors Infratil and HRL Morrison have now dropped out.
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NewsExpect the unexpected
Rumour has it Maersk is in the market for a new generation of containership – a 16,000 teu vessel design – that will see a 2,000 teu increase in top of the range container vessel capacity.
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NewsOther options for paying the bill
For the past eight years, Virginia Port Authority (VPA) has funded equipment purchases either by issuing bonds or as part of an instalment purchase programme, writes Alex Hughes.
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NewsRapid turnaround in cable replacement
Alex Hughes reports on the development of an ultra-rapid cable replacement system at Algeciras.
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NewsLife extension for PSA Mersin gantries
Over the past few years, Portunus Port Spares & Services has built a good reputation and gained experience in refurbishing and modernising cranes.
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NewsPressure on to revive expansion plans
With economic prospects now brighter, the latest Drewry report notes that a revival of expansion plans in some areas may be too slow to avoid congestion.
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NewsChristchurch open but assessing quake damage
Lyttelton Port of Christchurch (LPC) says its priority is “keeping the port operational so that the essential food, fuel and other supplies needed by Christchurch can get through” despite suffering earthquake damage.
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NewsEyeing the anomalies of port law
A new academic organisation has been launched with an inaugural lecture entitled, “The scope of the law ends where the port area begins - the anomalies of port law”, delivered by Professor Eric Van Hooydonk.
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NewsEconomic upswing lifts STS crane sector
The slight upswing in the global economy is prompting terminal operators to invest again in new equipment. Patrik Wheater reports.
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NewsHigh society
The new UK government’s championing of “Big Society” has inspired at least one national port community to think local.
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Continuing expansion in Baltic
DB Schenker Rail Polska continues to invest in expanding its facilities at Szczecin and Swinoujscie Baltic Sea ports in order to increase its transhipment capacity.
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Hyundai to build Kuwaiti port
Hyundai Engineering and Construction Company of South Korea, in a joint venture with local company the Kharafi Group, has been awarded a $1.1bn contract by Kuwait to build a new port near the border with Iraq. This will open in 2015 with four berths.
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Global given new terminal area
New York & New Jersey Port Authority has acquired a 98-acre area occupied by Global Terminal, adjacent to the Northeast Auto Terminal. Global will now be offered a 37-year concession contract, allowing it to continue handling containers at the former vehicles terminal, which occupies an area of 170 acres.
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BSC Kalmar order
The Baltic Stevedoring Company (BSC) has ordered six Kalmar E-One2 rubber-tyred gantry cranes and 10 Kalmar TR618i terminal tractors.
