Latest News – Page 902
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NewsInvestment down at Brazilian ports
Port authorities in Brazil had invested about 20% of their forecast budgets by the end of October, according to statistics released by the Ministry of Planning.
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NewsItalians to introduce port labour reforms
The Italian government is planning to introduce reforms to existing waterfront labour legislation, a move strongly opposed by port unions.
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NewsAPM's Kaohsiung operation goes to Hanjin
APM Terminals and Hanjin Pacific have reached an agreement on the future of Kaohsiung Terminal.
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China goes supersize
Benchmark spot coal prices at Qinhuangdao - which handles around half of China''s coal - recently rose by about 3% a tonne in just a few days, bringing prices up to a level not seen in a year.
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NewsRussian connections
Russia''s sights are on plans for $13.3bn of port investment by 2012. Since the downturn, Russia''s dependence on energy exports has increased, (20% of its coal goes abroad), so its ports are a necessary part of the supply chain.
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Asciano manages debt repayments
Ports owner Asciano - parent of Patrick stevedores in Australia - has brokered an arrangement with its banks and now has no further debt repayments due for over two years. The agreement involves a revolving credit facility and a working capital facility plus a term loan.
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Botany working group aids turnaround times
The inception of the Patrick Port Botany working group has seen the terminal exceed several key operating measures consistently over a four-week period, according to Patrick parent Asciano.
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NewsLoaders get magnetic boost
The Russian Port of Visotskiy has recently installed two more Lancaster ship loaders to double the number at the port.
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Rio to expand three terminals
Requests have been made to expand three terminals at the Port of Rio de Janeiro in projects worth $327m. These encompass activities at MultiRio, Multicar and Libra Terminais'' Terminal I.
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Haifa hangs on SPARCS
Israel''s largest container handling port, Haifa is to replace its existing terminal operating system the Navis Sparcs N4 operating system. The system promises improved customer support, increased stacking yard capacity and greater control over resources.
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NewsDiamonds in the dirt
Coal producers are bypassing chokes in the supply chain to invest directly in terminal space, as Stevie Knight explains
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Privatisation opposition promised
Maritime Union of New Zealand Auckland branch local secretary Russell Mayn has promised the Government any attempt to privatise Ports of Auckland will be met with "massive opposition".
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New box terminal for Santos
Localfrio has requested that Santos Port Authority issues a tender for the construction of a container terminal, to be known as Prainha, in the Guarujá area on the port''s left bank. It will occupy an area of 200,000 sq m and have 550 metres of quay. Annual capacity will be ...
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New Vietnamese box port
Construction has begun on a $3.6bn international container port in Vietnam''s central Khanh Hoa province. Completion is slated for 2020, when the facility will be able to handle up to 200m tonnes of cargo annually.
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NewsDB Schenker
DB Schenker Intermodal Services, which operates container depots at ten locations in Germany and as well as four intermodal terminals, has invested heavily in the past two years to increase capacity.
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February launch for San Antonio privatisations
The president of San Antonio Port Authority (Epsa), Patricio Arrau, says that concession documents will be made available in February for privatisation of certain areas of the port.
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NewsNo bail out for DP World
The government of Abu Dhabi has given neighbouring Dubai a loan of $10bn, part of which will go towards covering financial obligations currently faced by Dubai World.
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Cork down by 18%
The Port of Cork Company experienced a challenging year in 2009 with all areas of port business exposed to the current economic slowdown.
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Antwerp stays positive despite drop
After seven record years in a row the port of Antwerp experienced a 17% drop in freight volumes last year due to the economic recession, handling 157.8m tonnes of freight.
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Russia to privatise four ports
The Russian government has published a list of companies which it believes would be more efficiently run were they to be transferred to the private sector.
