Latest News – Page 1051
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The challenge of globalisation
There''s little debate that the changing circumstances of globalisation have, and will continue to, affect world trade. Prices for goods and services are dropping while quality is on the rise.
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Ports and terminals attract the eye
As we head into the insurance renewal season, it is easier to spot the areas where market players have decided on pushing out a new boat or two. For some reason, the field of ports and terminals has emerged in 2006 as an area some people want to expand into ...
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Takes two to tango
Promoting competition in port activities seems a simple enough concept for government to handle,but theory does not always go into practice easily.
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KERALA PORT PLAN
The Indian state government of Kerala is planning construction of a new port at Beypore, near Kozhikode.This will be taken forward as a joint-venture between the private sector and both the state and national governments.
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BUSAN LURES CMA CGM
Korea''s Busan New Port has attracted CMA CGM to its Phase 2-3 expansion programme, subject to government approval. CMA CGM reached an agreement with Hyundai Industry Development Consortium, developer and operator of four berths of Phase 2-3 at Busan New Port, to invest in the project.The agreement follows a government ...
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SINGAPORE SOFTWARE
A new internet-based service to better predict the state of the currents at a given period, not only on the approaches to the port, but also alongside the berths themselves has proved popular in the Port of Singapore.
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Colombo identifies Cochin as major threat
Colombo Port Authority has publicly recognised the threat being posed by DP World''s new box handling facility, Vallarpadam International Transhipment Container Terminal, currently under construction at the port of Cochin. Within eight years, this will handle around 15 times as many containers as it does today.
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State bureaucracy killing Indian orders.
State-run ports in India are failing to provide private sector manufacturers with sufficient work in respect of new crane and equipment construction. A slow decision-making process and onerous terms and conditions in contracts have been blamed for the slowdown,which has led to only limited bids in response to state-issued tenders.
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Chennai Port to build wind farm
Chennai Port Trust has announced plans to build a wind farm at a cost of $16.8m. The tender is due to be issued shortly for what will be the first project of its kind undertaken by Indian ports. Chennai Port annually consumes 30m units costing $6.7m, which the governing body ...
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1,000,000th teu
International Container Terminal Services Inc''s (ICTSI) Manila container terminal celebrates hitting 1m teu for the fifth straight year, proof, it says, of the terminal''s recovering volume growth. ICTSI''s net income for the third quarter was $9.1m, up 25% over the corresponding period in 2005.
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Tianjin returns to PSA for expansion joint venture
Tianjin Port Authority has given its goahead for a third phase expansion of its container terminal at a cost of $840m. The project is being taken forward by Tianjin Port Pacific International Container Terminal, which is a joint-venture between PSA China (49%) and Tianjin Port Group (51%). It involves construction ...
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Local Support National Success
US West Coast ports agree that they can only tackle the many pressing issues facing them if they engage with the community, and get their message across beyond the confines of the port, as David Foxwell explains.
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Columbia River deepening "key infrastructure project"
A proposed deepening of the Columbia River has become "one of the most important infrastructure projects in a generation", according to the Port of Portland''s marine director Sam Ruda. Mr Ruda tells Port Strategy: "We''re always focused on the Federal Water Resources Development Act and annual federal appropriations bills for ...
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Let Battle Commence
Mediterranean Shipping Company has had enough of what it sees as a non-competitive environment in the Port of Buenos Aires and is making a stand. Mike Mundy reports on the war being waged
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MSC's complaints on draught in Buenos Aires centre on the following:
In a ground-breaking move,Mediterranean Shipping Company (MSC), has filed a major complaint with Argentina's anti-trust authority that alleges there are "no real alternatives as regards port terminal service providers"and therefore that "its operations in the port, as well as Argentine foreign trade, are exposed to the risks, abuses and prejudice ...
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Northern lights
The port of Hong Kong is being eclipsed but its port operators are still raking it in through smart investments outside of the former number one hub
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Running out of rubber
A widespread tyre shortage is really starting to bite and terminal operators are left with few options when the black stuff wears thin. Alex Hughes reports
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Uncertain supply dogs Salerno
Salerno Container Terminal (SCT), which mainly uses 18.00/33 and 18.00/25 radial tyres, is faced with an uncertain supply of industrial tyres, according to managing director Frans Jol. "As an example, I would point out that it is not currently possible to buy any new tyres before next year, basically because ...
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Craning for a better view
China may house the price leaders in the manufacture of quayside gantry cranes but the technical forefathers are still found in Europe. Alex Hughes headed west to find out what operators can expect in the near future
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Testing the outer limits
Europe''s crane manufacturers are increasingly delivering equipment with wider reaches, but the ceiling is far from being hit, as Alex Hughes finds out