Latest News – Page 946
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Storm warnings
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.
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Venezuela privatises ports
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.
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Second half recovery forecast for Chinese ports
Recently published statistics suggest that traffic at Chinese ports is making a recovery.
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Two new terminals for Tianjin
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 ...
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Love thy neighbour
The business world has witnessed unprecedented collaboration between competitors during the economic downturn that would have seemed unthinkable a few years ago.
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Dragados-SPL privatisation now without rail interests
JP Morgan is reported to still be interested in acquiring Dragados-SPL from the Spanish ACS group, although it is said to be hesitant about buying the port assets given the high price being asked and the depressed state of the container market.
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NewsEvaluating the options
HFW''s Connie Chen discusses restructuring port investments in the current economic climate
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Buy in bulk to save costs
In the interests of keeping operator costs at a minimum throughout the lifetime of cable reel equipment, many operators purchase cables and reels together as a package, says Cavotec Specimas ERTG product manager, Diego Sanchez.
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Plug pulled on Jebel Ali 3
The current state of the global container market has prompted DP World to delay its $1.5bn investment in a proposed third terminal at Jebel Ali. The project will be re-visited once business prospects improve. Completion of Terminal 2 earlier this year brought capacity to approximately 11m teu, which is viewed ...
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NewsInnovating to stay connected to customers
Stuart Pearcey investigates the all-important link between cable suppliers and the end client
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The Insurer
Lloyd''s is known for insuring the high profile risks - commercial property, the impact of hurricanes and other disasters, terrorism, and piracy, to name a few - as well as esoteric assets such as the body parts of celebrities and the noses of wine-tasters. What is less publicised is its ...
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Electrifying anodes for NJ facility
South Jersey''s new Port Beckett Terminal at the US Port of Camden is investing in cathodic protection for its electrical conduits.
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NewsMarseilles Fos seeks two bids
Marseilles Fos has released a tender for a proposed conventional cargo terminal to be developed on the site of the fruit terminal vacated by Agrexco. Preference will be given to bidders intending to use the existing facilities for handling fruit, vegetables and other food products.
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NewsLondon's Lambeth arrives
The first of a new generation of Port of London Authority (PLA) patrol launch has arrived on the Thames.
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Maersk traffic down at all major Spanish ports
In the first four months of 2009, traffic handled by Maersk at the port of Algeciras was down by 180,000 teu. In Barcelona, the carrier has seen a 33% drop and one of 16% in the port of Valencia.
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Management software for Messina Line
Messina Line is to install a terminal operation package that will give both full management and automated graphic stowage planning.
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NewsGrain handling article
Grain terminals seem to be weathering the economic storm, but equipment manufacturers are having a tougher time of it. Alex Hughes reports
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African port receives massive order
The Zhen Hua ship which sailed into the South African port of Ngqura from China in May delivered equipment and components in excess of $8.8m in value, destined for the Ngqura container terminal (NCT) to be launched in October 2009. Special clearance had to be sought to bring the cranes ...
