Latest News – Page 1055
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NewsPorts on investors' radar
The "deal machine"for ports is finally gathering momentum. Mike Mundy reports on what''s hot and what''s not
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NewsICTSI signs for $120m "war chest"
International Container Terminals Services Inc (ICTSI) has signed a $120m Standby Credit Facility with a consortium of banks led by ABNAMRO Bank N.V. The facility is designed to complement ICTSI''s expansionist ambitions.
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Multi-dimensional
Apart from issues such as water depth and hinterland connections, there are a number of important constraints on development that need to be considered before transitioning to a multi-purpose terminal.These include: ● The lengths and specifications of berths for vessel types that will use the terminal ● Is a ro-ro ...
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NewsWidening the Parameters
The rationale behind becoming a ''multi-purpose''terminal rather than a single purpose terminal is obvious, but David Foxwell finds that the process is not as straightforward as it might seem
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Portfocus CuxPort finds niche
Not all multi-purpose terminals have evolved out of older-style general cargo operations. Some, such as CuxPort in Germany, are purposedesigned multi-purpose terminals, CuxPort having been designed on behalf of Niedersächsisches Hafenamt Cuxhaven and CuxPort Seehafen-Dienstleistungs by Sellhorn Ingenieurgesellschaft.
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NewsSouthampton committed to increasing UK box capacity
The Port of Southampton has thrown its bid to increase UK container handling capacity into the ring, pledging to raise current volumes by at least 3.7m teu.
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NINE BID FOR SAGUNTO VEHICLE TERMINAL
Nine companies are expected to bid for the new vehicle terminal at the Spanish Mediterranean port of Sagunto. Investment will total ¢ 2.88m and involve paving 120,000 sq m between Muelle Sur and Muelle de la Costa.
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PIREAUS GROWTH
Among those bidding are Lubasa, Pavasal, Dragados,Midascón, Comsa, Elsan-Pacsa, Cyes, CHM and Construcciones/Valcomar. Container traffic at the Greek port of Piraeus amounted to 511,280 teu in the first two quarters of this year, representing growth of 5.2% in respect of the 486,036 teu moved in the first half of 2005.
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VALENCIA EXTENSION AWARDED
Valencia port authority has awarded a contract to a joint-venture consisting of Ferrovial Agromán and Ocide Construcción in respect of the extension of Levante Quay at a cost of ¢ 12bn.
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GRUPO MARITIMO ATTRACTS INVESTORS
A group of institutional investors headed by Deutsche Bank has taken a 37% stake in Barcelona-based Grupo Marítimo TCB.The Pérez company retains a 42% stake.
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EU FUND FINANCES LAS PALMAS WORK
Las Palmas port authority is to finance 35% of planned infrastructure work at the port using ¢ 140m sourced from the European Union''s Feder fund. Among the work to be financed is the reinforcement and upgrading of the container terminal at Arrecife costing ¢ 262,000, and the creation of a ...
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Rotterdam still keen on cooperation with Zeeland
Zeeland Seaports and the Port of Rotterdam Authority have been cited as reasons for the lacklustre past relations. Hans Smits, chief executive of the port authority, said: "It is to our advantage to remain involved in developments in Zeeland. If Zeeland and Rotterdam can exploit the port of ...
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Fuerteventura needs revamp
The Canary Islands Port of Fuerteventura is considered obsolete and is strangling the economy of the small island.
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NewsGrangemouth's great aims
The Port of Grangemouth is expanding its container handling capability. Forth Ports, operator of the container terminal at Grangemouth, has added two new quayside gantries, upgraded the terminal''s landside handling equipment, expanded the terminal area and upgraded maintenance facilities.
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Bromma Group celebrates new order swathe
Stockholm-based Bromma Group has won new orders for 23 of its Marathon spreaders from container crane manufacturer OEM Kone Cranes.
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HPH EYES GIOIA TAURO
Hutchison Whampoa group president, Li Ka-shing,has indicated a strong interest in participating in the Italian port of Gioia Tauro. Indeed, a meeting has been held with Italian Prime Minister Romano Prodi to this effect. The port, which is in the Calabria region of Italy,handled 1.6m teu last year.
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STRONG RESULTS BOOST SOUTH WALES
Cargo handled at Associated British Ports'' South Wales Ports climbed by more than 5% over the same period in 2005 in the first half of the year.
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IPSWICH DEAL STUNTS TRUCKS
An agreement between Associated British Ports''Port of Ipswich and Solvay Chemicals will remove in excess of 100,000 lorry miles from the UK''s roads annually.
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NewsZeebrugge welcomes new box handling arrival
A new container terminal in Belgium has been officially opened at the Albert II dock,Zeebrugge. The multi-user facility has a 16 metre deepwater draft and no lock or river restrictions. Seven post-panamax gantry cranes are installed and it has a fully automated gate for trucks.
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Construction of Maasvlakte 2 given go-ahead for 2008 start
Maasvlakte 2 has had the green light from Dutch Parliament, who voted by an overwhelming majority in favour of the construction the new port district of Rotterdam.
