Latest News – Page 896

  • News

    Stevedores take pay cut at Las Palmas

    2009-08-27T12:24:00Z

    Dockworkers at the port of Las Palmas have agreed to take a 20% reduction in salary in return for an agreement that will ensure no redundancies are made. This will last for up to five years. 170 workers were due to be shed given a reduction in traffic this year.

  • News

    HHLA cuts workers' hours

    2009-08-27T12:24:00Z

    HHLA has followed the lead of other major European stevedoring companies in reducing working hours, affecting 2,000 employees. The decision is the direct result of the deteriorating economic environment. Both Eurogate and automotive terminal operator BLG had previously implemented similar reductions.

  • News

    ICTSI makes business listing

    2009-08-27T12:24:00Z

    New York-based management advisor Stern Stewart & Co has included International Container Terminal Services Inc (ICTSI) in its Association of Southeast Asian Nations 100 Relative Wealth Added (RWA) Index list for 2009.

  • News

    Nine eye second Manzanillo box terminal

    2009-08-27T12:24:00Z

    Nine consortia have registered to participate in the tender for the 20-year concession for the second container terminal at the port of Manzanillo in Mexico.

  • News

    Wuhan building major port complex

    2009-08-27T12:24:00Z

    The Chinese city of Wuhan is investing $3.4bn in building a major port complex. There are two main projects being developed across two phases. One of them will be a bulk terminal capable of handling 800,000 tonnes and the second a four-berth container terminal with 1m teu capacity. Partial opening ...

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    News

    Busan picks New Port partner

    2009-08-27T12:24:00Z

    A joint PSA and Hanjin consortium has been awarded the operating rights to Phase 1-1 at Busan New Port, consisting of three berths.

  • News

    Delays to Tanger-Med II

    2009-08-26T12:24:00Z

    Questions are being asked about the second stage development of Morocco''s Tanger-Med Mediterranean transhipment hub.

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    News

    Jordan ports body hits a wall

    2009-08-26T12:24:00Z

    The Ports Corporation of Jordan, which is due to be transformed into a standalone company, could take longer than expected.

  • News

    The Silly Season

    2009-08-26T12:24:00Z

    The summer period of vacations, leaving offices and governments with skeleton staff, is known as the "silly season" in the UK and the "dead season" in France. There are few events of newsworthiness and news readership drops dramatically.

  • News

    Significant box losses at Barcelona

    2009-08-25T12:24:00Z

    The port of Barcelona is on course to handle a maximum of 1.86m teu this year, a decrease of 700,000 teu over 2008.

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    News

    Tauranga posts strong first half figures

    2009-08-25T12:24:00Z

    Port of Tauranga banked a net profit of NZ$45.2m (US$ 30.9m) for the year ended June 30, 2009, a 7% increase on 2008.

  • News

    One bid for new Colombo box terminal design

    2009-08-25T12:24:00Z

    A single consortium, consisting of Aitken Spence and China Merchant Holdings, has bid for the contract to design and build the proposed new container terminal in the Sri Lankan port of Colombo. The bid is being technically checked prior to a contract being signed.

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    News

    Growth planned at Teesport

    2009-08-24T12:24:00Z

    PD Ports has completed the first phase of an expansion programme to develop its existing container terminal handling facilities at Teesport, UK.

  • News

    Raised to new heights

    2009-08-24T12:24:00Z

    After ten years of operating two Kalmar rubber-tyred gantry (RTGs) cranes, Buenos Aires Container Terminal Services has looked to Cargotec Argentina to raise the performance of their existing RTGs from 1 over 4 to 1 over 5 containers high.

  • News

    Hamburg levels still subdued

    2009-08-23T12:24:00Z

    Throughput at the Port of Hamburg remains stunted, but hopes are that second half figures will reflect a stablisation and the start of recovery.

  • News

    Indian concession could be re-tendered

    2009-08-22T12:24:00Z

    The government of the Indian state of Andhra Pradesh is reviewing the concession for the Machilipatnam port project that was awarded to the Maytas Infra-led consortium, given the failure to achieve financial closure. This requires investment of $328m, which should have been in place on April 21.

  • News

    Storm warnings

    2009-08-22T12:24:00Z

    The TT Club''s revised edition of its comprehensive risk mitigation guide for windstorms, offers valuable information and advice on how to minimise storm damage to installations and customers'' cargoes.

  • News

    Venezuela privatises ports

    2009-08-21T12:24:00Z

    The government of Venezuela has signed a decree terminating concessions of all private port terminals in the country. Henceforth, these will report to state-owned companies Bolipuertos and Puertos del Litoral Central. To date, no compensation has been given to owners for the seizure of their assets.

  • News

    Second half recovery forecast for Chinese ports

    2009-08-20T12:24:00Z

    Recently published statistics suggest that traffic at Chinese ports is making a recovery.

  • News

    Two new terminals for Tianjin

    2009-08-20T12:24:00Z

    According to official Chinese sources, construction began on 28 July of two new terminals in the port of Tianjin. These were the Nanjiang Special Ore Terminal and the Shenhua Coal Terminal. The former, which will have a 23m tonne capacity, will require investment of $430m, while the latter will require ...