Latest News – Page 926
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PCA under pressure to halt rate increases
In 2008, the Panama Canal Authority registered record revenue of more than $2bn, but this was based on fewer deep draught vessels using the facility and a 1% fall in cargo traffic over 2007.
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Itajaí PA to withdraw from operations
The new superintendent of the port of Itajaí, Antonio Ayres, has revealed that the port authority is to function less as a port operator and more as a regulatory agent in the future.
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Antwerp’s “Thick Sweater Day”
Antwerp Port Authority aims to play a pioneering role when it comes to policy on sustainable energy and the environment. One of its many initiatives in this area is participation in “Thick Sweater Day”, which has now become an annual event.
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Ngqura construction takes shape
Progress on South Africa''s Ngqura Container Terminal (NCT) is continuing a pace with the four-storey administration building, temporary engineering workshop and reefer frames expected to be ready for handover later this year.
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Major interest in Chennai box terminal project
A total of 24 companies that requested qualification documents linked to the proposed new container terminal at Chennai have indicated a strong interest in the project.
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New Albanian port
The British-Swiss Zumax AG group has been awarded a ¢ 1.18bn ($1.5bn) concession to build a new container terminal in southwestern Albania and operate it for a period of 35 years.
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Manzanillo box tender issued
A tender has been issued for a new container terminal at the Mexican Port of Manzanillo. Investment of $763m is needed, of which approximately half will be stumped up by the state and the rest by private investors. At present, the port handles traffic of 1.4m teu, equivalent to 43.7% ...
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Seattle/Dalian in EcoPartnership
The Port of Seattle and the Port of Dalian, China have agreed to work with other public and private sector partners on an EcoPartnership to advance environmental and economic sustainability. “Our green port strategy is designed to help create a truly sustainable supply chain - not just at our port, ...
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Grimaldi slams Tin Can scanning
Grimaldi Lines has alleged that cargo scanning services are non-existent at the port of Tin Can Island, where they are supposed to be carried out by Port and Terminal Multiservices Ltd.
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Antwerp still looks good
The port of Antwerp handled 189.3m tonnes of freight last year, a growth of 3.5% on 2007.
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NZL signs Ports of Auckland
Transportation and logistics company NZL Group has secured Ports of Auckland as the first major customer of its planned independent Sulphur Point Container Terminal.
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Guaymas box terminal tender issued
An American and a Mexican company have entered separate bids for the new container terminal at the Mexican port of Guaymas.
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Reliance delays Indian port project
Plans by the Reliance group to build a new deepwater port at Rewas in India have been delayed as a result of difficulties in getting the necessary land appropriated by the state government. The economic downturn has also negatively impacted on potential finance.
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Auckand heads to supreme court
Ports of Auckland''s lawyers are seeking leave to appeal a recent Court of Appeal decision to the Supreme Court.
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CEPA desperate for private sector cash
El Salvador''s port authority (CEPA) urgently needs to privatise its ports to stop its finances passing into the red, according to local sources.
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Containerport Insurance
Insurers are working with operators and equipment suppliers to upgrade shore safety, keep cranes on track, and cut claims right back, finds James Brewer
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Yang Ming invests in Kaohsiung
Yang Ming is to go ahead with a 2.92m teu box terminal at the port of Kaohsiung, despite the economic downturn.
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Strategist Column
Here we are seemingly with the natural order of things collapsing around us. Trade is on the slide, contracts are being broken, freight rates are heading south, ships are being mothballed, terminal operators are walking away from concessions and the number of company failures is accelerating. Doom and gloom! Or ...
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Indonesian ports slash rates
Indonesian ports, prompted by the reduction in global oil prices, have cut charges by up to 5% for port services. This move will be re-evaluated within the next three months.