Latest News – Page 976
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Early involvement
Ports should get their insurance broker involved at the earliest possible stage of a major project, says specialist Marsh. "Every risk is unique when it comes to ports and we need to go through the project with our clients to get an in-depth understanding of what they are doing and ...
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Getting things in order
It is not just the design of a project that insurers need to get to grips with - it is the order in which the works will be carried out.
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Code of practice
Introducing a Code of Practice for the ports construction industry could ease the minds of jittery insurers. Felicity Landon explains
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Reducing the risks
There is a host of ways to reduce the risks and provide insurers with a higher level of comfort, says Brian Elliot at Marsh. Ports and their contractors should consider:
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NewsSafety crackdown for Australian stevedores
Australia is to enforce a national health and safety code for stevedoring after a series of accidents in ports over the past 18 months.
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New port plan for Ukraine
The Transport and Communications Ministry in Ukraine has produced a new port development strategy, allowing ports to be operated on a landlord basis.
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Bumper year for APM
APM Terminals ended 2007 with a net profit of $411m compared with $99m for the previous year. Throughput amounted to 31.4m containers, an increase of 13%.
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Doosan does it for Singapore
PSA has awarded a S$160m (US$118m) contract for 79 rubber-tyred gantry cranes (RTGs) to Doosan Heavy Industries and Construction from South Korea. The RTGs will be deployed at PSA''s new berths at Pasir Panjang Terminal to cater for rising shipment volumes: PSA has seen a 12% growth compared with the ...
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NewsBabcock & Brown fire up India
Ports are set to benefit from the recent move by Babcock & Brown to add considerable firepower to its India efforts by luring six professionals from ABN AMRO, including the new head of India operations, Manikkan Sanganeswaran.
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NewsPorts eLearning to target knowledge gaps
Ports and terminals looking to expand the knowledge base of staff can now make use of eLearning products specific to the ports industry.
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NewsEcocrane hybrid offers 70% fuel economy
Railpower Technologies Corp. and TSI Terminal Systems Inc have confirmed the results of the EcoCrane hybrid power plants installed on TSI Rubber Tyre Gantry cranes (RTGs).
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Cavotec celebrates European opening
John Polatz, investor relations director with New Zealand-headquartered Cavotec MSL, believes the newly-signed contract with Denmark''s Nordic Ferry Services will prove vital to sales of its vacuum mooring units in Europe.
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Tecondi ups capacity
The Tecondi container terminal at the port of Santos in Brazil plans to increase capacity by 180% to 700,000 teu, which is equivalent to 29% of all containers handled at the port of Santos in 2006. This will require investment of $102m.
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Longview sells “green” property for preservation
The Port of Longview Commissioners unanimously voted to sell wetland property for preservation.
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Victoria's opening
Victoria''s newest terminal operation, Port of Gippsland, is expected to be open for business this month. Gippsland Maritime Logistics will run the terminal as a common-user offshore support facility.
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Monopoly concerns in Ecuador
The Association of Ecuador''s Private Port Operators has asked the government to avoid creating monopolies.
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Second quay for Coronel
The Chilean port of Coronel is to raise $20m of new capital for the construction of a second quay and also to finance other investments. The port, which is Chile''s main outlet for forestry traffic, needs the extra three berths to boost cargo to 3.5m tonnes.
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Vietnam favours steel over containers
Vietnam has halted work on the construction of its first international container terminal and instead shifted resources to the construction of a steel mill promoted by the South Korean company Posco.
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Rotterdam/Oman environmental protection service
On 14 May, the Port of Rotterdam Authority, the DCMR Environmental Protection Agency Rijnmond (DCMR) and a ministerial delegation from Oman signed an agreement governing the establishment of an environmental protection agency in Sohar (Oman).
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Spanish stevedores seize labour company control
Stevedoring companies have taken equity control of 19 of the 36 Port Labour companies in Spain, which will become Economic Interest Port Groups (APIEs).
