Latest News – Page 1045
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RAVENNA INVESTMENT AGREED
Ravenna Port Committee has approved a ¢ 339m investment package after traffic in 2006 rose by 10% to 26m tonnes.
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FERRARI CROSSES KALMAR FINISHING LINE
Kalmar has boosted its Italian reach with the acquisition of CVS Ferrari Group.Under the deal, sealed at an undisclosed price, CVS Ferrari will operate as a separate entity and brand within Kalmar, selling its products through its existing distribution network.
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Gallanti keeps ESPO watch
Giuliano Gallanti has been re-elected as chairman of the European Sea Ports Organisation for another two years.He has prioritised the development of a "meaningful European port policy", adding that the big challenge is how to clarify the rules of the European Treaty apply to our industry "without trying to establish ...
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MEDCENTER TRAFFIC RECOVERY
Medcenter, at the port of Gioia Tauro, handled 3m teu in 2006. Second-half traffic was up 16% over that generated in the first six months and up 4% compared with the corresponding 2005 period, although slightly down on the previous year overall.
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Gallozzi Group buys into TIN
Salerno-based Gallozzi Group has bought a 30% stake in Interporto Campano-owned Terminal Intermodale di Nola (TIN), taking on the running of the day-to-day business. The 225,000 sq m facility,sited close to Southern Italy''s largest commercial district,aims to provide a "substantial and advanced" Mediterranean intermodal rail/road platform.
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PLA replaces patrol vessels
The Port of London Authority has swapped one hull for two in a bid to reduce wash and improve emissions on the River Thames. Two PLA river patrol vessels have been replaced with Ecocats-designed catamarans, offering a lower-wash speed and a 67% drop in fuel consumption in comparison with the ...
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PATRICK IN TOLL SPIN-OFF
Australia''s Toll group has announced plans to spin-off its ports division, which encompasses Patrick Corporation, as well as the Pacific National Railway.The new company will retain 83% of the group''s debt.Toll will create a separately listed infrastructure trust made up of Australia''s biggest port owner and the Pacific National rail ...
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CREAN TO LEAVE NORTHPORT
A five-year term as Northport''s chief executive will come to a close this year when Ken Crean steps down from the role.The position is currently being advertised and Mr Crean says he is flexible about the timing of the new appointment.
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Join the queue
The Australian port of Newcastle has reported that queues of ships waiting to dock peaked at record levels of the mid-50s between late November and early December. The port had been operating a successful capacity balancing system, which the Australian Competition and Consumer Commission approved in 2004 citing "net public ...
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Positive tones in NZ merger talks
Solid progress is being made in the potential mergers between New Zealand''s Ports of Auckland and Port of Tauranga and the Lyttelton Port of Christchurch (LPC) and Port Otago.
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Auckland geared for growth
Ports of Auckland took delivery of three new ZPMC cranes in December as part of its NZ$100m investment programme to handle container throughput currently doubling every 10 years.
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Reefer boom for Tauranga
A range of infrastructural and procedural improvements have been put in place by the Port of Tauranga to cater for the 85% increase in reefer container throughput in half a decade.
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PROFIT BOOST FOR PORT NELSON
A 33% increase in after-tax profit to NZ$6.9m and 7% rise in revenue to NZ$29.6m has been recorded by Port Nelson in the 2005-06 financial year. Although throughput did not reach the record level of the previous year, cargo volumes were higher at 2.5m tonnes.
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'Road map' to national port security upgrades
A US task force has recommended a number of security enhancements for the 361 US seaports.
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WASHINGTON PORT TARGET
State of Washington Governor Chris Gregoire has unveiled a Container Ports Initiative to boost throughput and employment at ports in the state.
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BELGIANS EYE URUGUAY
Belgium''s Katoen Natie group, which already owns the box handling facility Terminal Cuenca del Plata in the port of Montevideo, is considering further investment in Uruguay''s inland ports.
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TIDEWORKS GOES DEEP
Terminal management software provider Tideworks Technology has deployed its gate operating system, GateVision, at the Port of Portland''s deep-draft container handling facility.
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US financial interest stays strong
Financial investment in the port sector from the Americas continues unabated.
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Costa Rica seeks hub status
The government of Costa Rica is to offer as a concession the construction of a major container hub at Moín, 10km from Limón. With an estimated cost of $500m, the new facility will take five years to complete, thereafter being able to accommodate the world''s largest container ships.
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Kalmar goes large in SA
Port equipment manufacturer Kalmar has won an order for 12 rubber-tyred gantries (RTGs) from the largest terminal operator in Brazil. Santos Brasil contracted Kalmar for 7+1 wide and 1-over-6 high units to be delivered between September 2007 and January 2008.