Latest News – Page 1006
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28 eye Vizinjam
A total of 38 companies are reported to have requested the tender documents for a proposed international container terminal at Vizinjam. Maersk and PSA are among those interested.
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Australian 'roadmap' for port progress
The Business Council of Australia has launched a "roadmap for infrastructure reform", focusing on ports, rail and roads among other areas.
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Loan for Damietta
Damietta International Port Company, made up of a consortium headed by KGL Port international of Kuwait, has obtained a loan worth $480m organised by Ahli United Bank and Arab Banking Corporation. This will fund construction of the proposed container terminal and form part of an overall investment package of $1bn.
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Concession delay at Talcahuano
The Chilean Port of Talcahuano has revealed that it is suffering from serious structural problems, making it difficult for it to offer it as a concession, particularly given the nearby presence of seven private port companies.
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Houston expanding facilities
The Port of Houston is to undertake investment totalling $25m to upgrade existing facilities.
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DP World breaks bulk barrier
Better known for its container activities, DP World has partnered with Conti Lines and Rickmers-Linie in the Port of Antwerp in a breakbulk initiative. DP World Breakbulk NV will operate a common user general cargo terminal at the Churchilldock in the Port of Antwerp.
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Richard's Bay to overtake Durban?
The planned expansion of the South African port of Richards Bay could mean that new facilities there for general cargo would be better than those available at Durban. Richards Bay has space available for expansion, whereas Durban is faced with serious space constraints. Authorities are therefore considering construction of a ...
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Indian ports not performing
The Indian government is being criticised for its inability to implement a proposed $12.4bn ports upgrade plan to enable the country to keep pace with growth in traffic.
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SPLA in the dock
Sri Lankan Ports Authority and members of the Cabinet Appointed Negotiating Committee are being legally challenged on their decision to continue to evaluate a bid by Hutchison Port Holdings in respect of the South Container Terminal of the Colombo Port Expansion Project, despite the fact that the bid had been ...
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Dave Mac Oz News Snippets
The Australian government has approved foreign investment for the third coal terminal at the port of Newcastle.
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Code of Practice call
A Marine Accident Investigation Branch (MAIB) investigation into the collapse of seven 30-foot containers on the UK-registered Annabella has seen the organisation call for the introduction of a relevant container shipping code of practice.
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Investment continues in Israeli ports
Israel Ports Development & Assets Company Ltd has put forward a $130m investment plan for 2008, which must now be approved by the government. At least 70% of the money will be allocated to container terminal and breakwater development at both Ashdod and Haifa.
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No more Colombian coal barges
A change in the law means that Colombian coal terminals will have to undertake direct transfers to vessels rather than using barges as from 2010.
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Puerto Montt concession deserted
The only bid to operate the Chilean Port of Montt, which was entered by construction company Luis Navarro, was judged to be non-compliant and the tender has been declared void.
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BMT buys Baxter
Consultant BMT has acquired specialist port consultant Baxter Eadie to bolster its international ports and logistics offering to customers.
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Georgia guarantees space to expand
Georgia Ports Authority has secured 175 acres of prime river-frontage land close to its Ocean Terminal, providing it with ample space to expand in the future.
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Portek takes over in Gabon
Portek International has been awarded a 25-year concession to manage the ports of Owendo and Gentil in Gabon. It will do this via its Gabon Port Management subsidiary, which will have a capital of $4m. Investment of $2m has been promised.
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Reform needed for Ports Law in Mexico
Port terminal operators in Mexico are campaigning for a reform of the national Ports Law to enable them to widen investment and growth possibilities.
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Foam Elastomer Buoys from Dave Mac
The case for port authorities to analyse the cost benefits of using foam elastomer buoys is being strongly marketed by FenderCare subsidiary Hippo Marine.