Latest News – Page 1026
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NewsDisappearing Container Capacity
Recent forecasts and press comments suggest that the major East-West liner trades are suffering weaker growth rates than had been anticipated. The US recession has caused transpacific trade volumes to decline sharply from nearly 10% growth in 2006 to only 2.2% to North America as a whole in 2007. For ...
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Tideworks Asian debut
Software developer Tideworks has opened a regional office in Singapore to better serve its growing Asian clientele.
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Cavotec boost
Cavotec MSL Holdings has achieved a comparable 8.7% rise in after-tax profit to NZ$14 million dollars and 16.9% increase in revenue to NZ$247.3 million for the calendar year to December 31.
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Busan puts environment first
Korea''s Busan Port Authority (BPA) is embracing green living with a move to convert oil-powered cranes to electricity to reduce costs, emissions and noise pollution.
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Climate funding for expansion of electricity feeding
At the ro/ro-terminal the forestry and pulp group Stora Enso’s vessels have been linked up to electricity supply points since 2000. The Port of Göteborg has applied for a climate investment grant from the Swedish Environmental Protection Agency to supply electricity at all berths at the ro/ro terminal.
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WCO wants African ports privatisation
Michel Danet, secretary general of the World Customs Organisation, speaking recently in Africa, recommended that the continent''s seaports be privatised so that they can meet international standards and cope with big changes currently sweeping the industry.
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Manslaughter warning
Convictions for corporate manslaughter in the UK construction sector could soar under the new Corporate Manslaughter Act which came into effect on 6 April, warns insurer Aon.
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Westport future in jeopardy
Holcim New Zealand has been granted all consents sought to operate a cement plant and associated quarries and pits at Weston near Oamaru.
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NewsAbengoa bio-ethanol facility construction commences
Abengoa Bioenergy Netherlands, in which Abengoa Bioenergy holds 100% of its share capital, recently celebrated the Foundation Ceremony at the bio-ethanol production facility site in Rotterdam Europoort, The Netherlands.
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NewsPort of Göteborg nominated for prestigious environmental award
The Port of Göteborg (Gothenburg) has played a pioneering role in the history of onshore power supply for ships or ‘cold ironing’. The Port has now been nominated for a prestigious EU Award. The nominated project is called ‘Shore side electricity – dramatically reducing emissions from ships at berth by ...
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Gulftainer continues overseas expansion
United Arab Emirates-based terminal operator Gulftainer is currently negotiating with authorities in both Turkey and India with a view to assuming managerial responsibilities of maritime assets. Both container and general cargo traffic is reportedly being considered.
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Santa Fe on the move
The Argentinian port of Santa Fe has been given a $25m loan, which will be used to relocate existing port facilities to the right bank of the Paraná River.
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NewsPanama Canal forecasts revenue increase
The Panama Canal is forecasting continuing growth for fiscal 2008, despite the economic problems currently faced by US.
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Portland takes control
The Port of Portland is to take control of its tug, pilot and lines boat operations. The acquisition is seen as ensuring local interests are safeguarded against acquisition by a larger operator which could be tempted to relocate the modern vessels elsewhere.
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NYK looks to reduce ship speeds
Japanese shipping line Nippon Yusen Kaisha is to cut vessel speeds by 10% in a bid to save fuel and reduce air emissions.
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Two new Chilean ports
Seven bids have been received for the privatisation of the Chilean ports of Chacao and Punta Coronel, with 15 companies represented overall. Work is expected to commence in the second half of 2008 for slated completion in the second half of 2009.
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MISC dedicated to PTP
MISC has signed a memorandum of understanding with the Port of Tanjung Pelepas to create a joint-venture to manage a dedicated container terminal at the port.
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Resource management for the masses
Rotterdam-based software developer ARL Consulting has released a planning tool for marine terminals to keep track of multiple resources on shore and at sea.
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Albania port proposal
The government of Albania has received a ¢ 500m ($765.6m) proposal to build a new container port at Vlora. This was put forward by an Anglo-Swiss company, Zumax, which also proposes to build a surrounding industrial estate. At present, all Albanian container traffic is channelled through the port of Durres, ...
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Planners approve major expansion in warehousing at Liverpool
Planners have given the go-ahead for the second phase of development of Liverpool Intermodal Freeport Terminal (LIFT).
