Latest News – Page 1036
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NewsSohar attracts serious investment
The port of Sohar in Oman has attracted $12bn of industrial and infrastructure investment in under three years, prompting its corporate communications manager Dirk-Jan de Vink to note that it was now the ''fastest-growing port project in the world''.
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NewsBrazilian for Khorfakkan terminal
CMA CGM has opted for Gulftainer''s Khorfakkan Container Terminal as a Middle East call on its Vasco service, covering Brazilian ports to and from the Middle East and South Asia.
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REDUNDANCY OPPOSED
The plan announced by Liberia''s National Port Authority to lay off 350 workers because of financial difficulties has been challenged by the Dock Workers Union.
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TYRE SHORTAGE CRISIS
A global tyre manufacturing shortage is forcing New Zealand container terminal operators to alter ordering patterns and even seek new supply lines to keep their large wharf machinery in operation.
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NEW ZEALAND INTERIMS
New Zealand port companies who have recently published financial results for the six months to December 31, 2006 include: Northport - NZ$7.5m (US$5.2m) after-tax profit (up 834%) and NZ$9.4m (US$6.5m) (up 217%); Port of Tauranga -- NZ$21.3m (US$14.8m) after-tax profit (up 56%) and NZ$73.7m (US$51.2m) revenue (up 20.7%); Lyttelton Port ...
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TAURANGA BOXES CLEVER
NZX service vessel Dolores was recently completely discharged at the Port of Tauranga by three cranes over a 23.2-hour period. The resulting 2064 container moves were completed at an average vessel rate of 91 moves per hour and average crane rate of 31.7 movers per hour.The world standard for crane ...
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PORT WALCOTT INVESTMENT
Mitsui Iron Ore Development is to invest $284m to increase the export capacity for iron ore at Australia''s Port Walcott, situated at Cape Lambert, rising from 55m tonnes to 80m tonnes a year.
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DP World calls off Australian merger
DP World has abandoned plans to merge its Australian subsidiary P& O Maritime Services with offshore oil services firm Mermaid Marine Australia. An agreement, which had been reached by both sides in December, would have involved a share swap, leaving DP World with a 60% stake in the joint company. ...
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Geelong considers intermodal freight options
The Australian city of Geelong is toundertake a detailed study of theimpact an intermodal terminal wouldhave in enhancing its freight anddistribution networks
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Newcastle policy reversal
Port Waratah Coal Services has asked the Australian Competition and Consumer Commission to approve a revised capacity balancing system for the port of Newcastle.
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NewsNorthern port merger in doubt
Competition lawyers believe New Zealand''s Commerce Commission will prove a difficult obstacle to any potential merger plans between the ports of Auckland and Tauranga.
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Melbourne prospects boost
A deepening project proposed for Victoria''s Port Phillip Bay has been given the thumbs-up by the treasurer of Victoria, John Brumby.
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NewsCavotec to launch share offer
A share offer in the range of NZ$25m (US$17.4m) to NZ$50m (US$34.8m) is expected from NZXlisted international company Cavotec MSL.
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Call for South Island freight hub
A "two islands, two hubs" solution is required to rectify "distortions" in New Zealand''s logistical and transport sectors, according to Canterbury Manufacturers'' Association (CMA) chief executive John Walley. Particularly incensed about the lack of a local roll-on roll-off option to Australia for companies based in the South Island, Mr Walley ...
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COLOMBIANS REVIVE URABÁ PROJECT
Revived interest is being shown in the construction of a new deep water port at Urabá, in Colombia. Spanish consultants Sener are due to produce a viability report within the next six months.
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MEXICAN CARIBBEAN UPGRADES
The Mexican Caribbean port of Quintana Roo, which is not administered directly by the Transport Ministry, is to spend $4.7m on modernising its Cozumel and Isla Mujeres quays.
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GOVERNMENT CHASES SANTOS CONTROL
The government of the state of São Paulo has requested that the central government cedes control of the port of Santos to it. However, any transfer must be free of the ¢ 288m ($383m) debt that the port currently has.
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VENEZUELAN BOX BLOCK
The government of Venezuela has recognised that there is a developing problem with stranded containers clogging the stacking yards of its box terminals, because of the difficulty some companies have in acquiring dollars at preferential rates.
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CAROLINA SAVI PARTNERSHIP
South Carolina State Ports Authority has extended an agreement with Savi Networks to introduce the company''s information service to three further container terminals at the Port of Charleston.The radio frequency identification (RFID) infrastructure installation aims to "automate visibility of RFID-sealed containers".
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Southern ports to follow in NY/NJ footsteps
US states Georgia and South Carolina have inked a landmark agreement to jointly develop a port in Jasper County, South Carolina.
