Latest News – Page 1001
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News
Algeria plans ports investment
Algeria is to invest $10m in the development and expansion of its ports, with finance partially sourced from foreign companies. In all, 95% of foreign trade is handled by the country''s ports.
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NewsNew owners take on Georgia terminal
International Container Terminal Services'' (ICTSI) Georgian arm has taken over the operation and management of Batumi Container Terminal under a 48-year lease.
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Major new Santos development
Ecorodovias, which manages the Sistema Anchieta-Imigrantes and Ecopá tio facilities in Cubatã o, has announced plans to build a cargo terminal in the port of Santos. This will handle containers and ethanol. The location of the terminal will be identified within the next few months.
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NewsProfit is blowing in the wind (dust feature main)
With ever stricter environmental legislation, dust is becoming public enemy no.1, as Stuart Pearcey explains
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NewsPort Hedland tackles dust head on
A unique combination of factors gives Port Hedland one of the world''s worst dust problems.
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Dar es Salaam investment upgrade
The government of Tanzania is to spend $112.8m in 2007-08 to improve facilities at Dar es Salaam port.
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Time to take stock
Only relatively few ports and terminal operating groups have looked to a stock market listing as a way of raising cash to expand, but why? Invariably those that do take this route receive a fair amount of media attention and so perhaps it seems that there are more takers than ...
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Rostima appoints Malaysia CEO
Port labour specialist Rostima has appointed of Lawrence M Sunderam to spearhead the company''s growing Asia team.
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London dredging programme kicks off
The Port of London Authority (PLA) is poised to begin its biggest dredging project for 40 years at a cost of £ 1.5m.
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NewsDrop off in traffic at Manta
Authorities in Ecuador have become worried by the drop-off in cargo handled at the port of Manta. In part, this is a result of labour unrest in the port, which is due to be upgraded by the new concessionaire Terminales Internacionales de Ecuador (Tide) over the next three years.
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Japan invests in Mombasa
The Japanese government has pledged $225m towards the development of the port of Mombasa. It said that it had been impressed by Kenya''s economic growth and development.
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Port merger talk resurfaces
Speculation has arisen that "low-level" merger talks have commenced between Lyttelton Port of Christchurch and Port Otago, although both parties remain tight-lipped to the media.
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MSC asked to open gates even earlier
Road haulage companies operating at the port of Valencia have asked Mediterranean Shipping Company terminal to bring forward gate opening times by two hours. This would bring them into line with other terminals in the port.
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DP World dips into Egypt
DP World has paid $670m for a 90% stake in ECHCO, the majority shareholder in Egypt''s Sokhna Port Development Company. The remaining 10% of the equity is held by Amiral Holdings.
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Zebra buys Navis
US company Zebra Technologies Corporation is to buy Navis Holdings in its entirety for $145m. The transaction is due to take place later this year.
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Four bid for Colombo
Four bids have been lodged for the 35-year concession to operate the new container terminal in the port of Colombo, which will have a proposed handling capacity of 2.4m teu.
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NewsExxtor to double handling capacity
Associated British Ports'' has committed £ 4.5m to boost container handling at the Port of Immingham''s Exxtor terminal.
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Sines goes ahead with expansion
Five consortia have reportedly bid for the contracts to expand the Terminal XXI container handling facility at the Portuguese port of Sines.
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Auckland stalemate
New Zealand''s Employment Relations Authority has been asked to resolve the collective employment agreement impasse between Ports of Auckland and the Maritime Union of New Zealand, that recently saw five strike notices issued in just over a month.
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HHLA has successful IPO
HHLA, the Hamburg port operator, has floated 30% of its equity and raised ¢ 1.17bn ($1.7bn), which will go towards funding expansion.
