Latest News – Page 1018
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NewsMobile solutions win over French officials
Smiths Detection, part of the global Smiths Group, recently delivered two HCV-Mobile systems to French customs, to screen trucks for narcotics, contraband and counterfeit goods. It is the first time the French government has purchased mobile scanners for customs applications. The contract includes an option to buy two more HCV-Mobiles.
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UK ports need realism, not optimism
The UK Government delivered its port policy interim review document in mid- July and this raises a number of interesting issues. One in particular appears worthy of comment. The point is made that the UK ports sector is thriving and profitable. Following on from this, structural changes in port financing ...
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NewsShipping and the sun spot theory of economic cycles
In the world of shipping we have eternal optimists who would have us believe that growth in trade has reached runaway proportions and will not stop in the foreseeable future. There is hardly a week that goes by without a leading senior executive telling us that double digit growth in ...
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NewsWill the US port worker ID scheme cut the mustard?
Much discussed, long overdue and after numerous stumbles the Transportation Worker Identity Credential (TWIC) is, again, moving closer to real implementation by the stated deployment target date: September, 30, 2008. Workers at ports and terminals, and those needing access to them, will be required to obtain the TWIC, a smart ...
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Burst that bubble
Give or take a few US politicians, no-one thinks its workable, no-one wants it, it will be expensive but it is in the pipeline. “ It” is, of course, new legislation in the US compelling the screening of all US bound containers at foreign ports.
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CHINA GROWTH EXPLOSION
China’ s Ministry of Communications predicts that domestic ports will be handling 6bn tonnes by 2020 compared with 3.95bn tonnes in 2006. It also anticipates an increase in the amount of foreign investment in the ports industry over the coming years. At the same time, Chinese port companies are expected ...
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RUSSIA SIDELINES UKRAINE
Russia is to invest $1.2bn on a new dry port in the Krasnodar region as a means of reducing the amount of domestic coal and containers shipped from ports in Ukraine. The government eventually wants to build a new port near Taman. Meanwhile, the Russian government has committed itself to ...
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VLADIVOSTOK BOX TERMINAL
Container Service of Vladivostok is to open a new container terminal at the port in mid-2008 capable of handling 100,000 teu annually. ZPMC has been asked to provide both gantry and yard cranes as part of a $15m contract.
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CHENNAI CAR TERMINAL
Six foreign companies and nine Indian companies have indicated in interest in the project to develop a RoRo car terminal at the port of Chennai costing € 142m ($193.7m). This will be undertaken on a BOT basis for a 30-year concession.
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EVERGREEN KAOHSIUNG COMMITMENT
Evergreen Marine Corp has extended its lease on one of its Kaohsiung, Taiwan facilities for 11 years and one month. The terminal occupies over 400,000 sq m of land and provides three berths with a total quay length of 815m.
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NewsWorld Bank singles out ICTSI success
Philippines-based International Container Terminal Services Inc (ICTSI) has been praised by the World Bank for its successful public-private-partnerships in South America, Africa and Europe.
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Go slow on Vietnamese port projects
A lack of concrete progress on many of Vietnam’ s proposed port projects is being blamed on consultants.
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NewsIndonesia plan to develop 25 international ports
The Indonesian Transport Ministry says it will develop 25 of the country’ s 141 ports into international facilities over the next few years.
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Bidding war for new Pakistani deepsea port
Concerns have been raised over the bidding process for the Pakistan Deep Sea Container Port, which appears to have allowed some companies to simultaneously enter more than one bid.
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KLANG TO EXPAND NORTHPORT
Port Klang Authority is seeking consultants to carry out a feasibility study on developing a plot of industrial land next to Sungei Puloh. This will be incorporated into the Northport concession. The area in question covers 800 hectares and has sea frontage, and is located just to the north of ...
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MYANMAR DEEP AMBITIONS
Myanmar is to build a new deep seaport on its western coastline at Mayday island near Kyauhphyu. Privately-owned Asian World will undertake construction; it originally carried out the project survey.
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LIANYUNGANG BOND ISSUE
Jiangsu Lianyungang Port Group, parent of Shanghai-listed Lianyungang Port Co Ltd (SHA 601008), has issued Yuan400m ($53m) worth of 365-day discount bills on the interbank bonds market to optimise its loan structure.
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NewsCochin hits back at labour rebels
Cochin Port Trust has introduced a raft of new measures aimed at improving productivity, especially in the container terminal.
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Busan New Port secures Maersk calls
The fortunes of DP World flagship facility Busan Newport (PNC) have improved with confirmation that the world’ s largest containerline is moving in.
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Vizinjam tender
The Indian ports minister has confirmed that the tender process for the development of the Vizinjam container terminal at the port of Thiruvananthapuram will be completed by the end of the current year. In all, 43 international and domestic companies have shown an interest.
