Latest News – Page 1082
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Salalah plans massive expansion
The Port of Salalah is to increase capacity by more than 200% over the next seven years according to its new master plan. Berth 5 is due to come online by the second quarter of this year and Berth 6 by the first quarter of 2008.These will add 969 metres ...
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Philadelphia port plan under threat
Philadelphia''s maritime community has come out guns blazing in a battle to stop prime waterfront acreage falling into the hands of a non-marine business.
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RREEF finds nourishment in Maher
An affiliate of the RREEF fund, a Deutsche Bank entity investing in infrastructure assets, has confirmed that it will be acquiring Maher Terminals - active in New York and gaining a foothold in British Columbia. Prices in this private deal were not disclosed, but the frenzy created by funds ...
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Palermo environmental study illegal
An environmental license granted to Palermo Port has been ruled illegal and may be revoked,putting port development in doubt.
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NewsWork starts on West Coast security centre
The Port of Long Beach broke ground on a $20m security command and control centre in April.
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NewsVYCON plumps for Alternative offering
VYCON, the California-based manufacturer of high-cycling energy storage flywheel systems, has made a public offering on the Alternative Investment Market (AIM) of the London Stock Exchange, in a move it says will raise more funds for the continued development of its emission and fuel reduction technology.
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VENEZUELA AND CUBA IN PORT JV
Venezuela''s Ministry of Infrastructure has been instructed to set up a joint company with Cuba, which will be known as Bolivariana de Puertos (BPSA), to modernise, rehabilitate, equip and build ports in both countries. Equity will be divided 51%:49% in favour of Venezuela.
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PANAMA ADDS QUAYS
The government of Panama is to build a series of 12 quays in the province of Colón.
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PORTS AMERICA GOES LIVE
On March 17, DP World completed the sale of its former P& O Ports US assets to the AIG Global Investment Group, which will henceforth market them as Ports America.
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NY/NJ SETS RECORD
Cargo throughput at the Port of New York and New Jersey hit record levels in 2006. The rise has prompted the port authority to commit to a $2bn investment programme over the next 10 years.
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Biometrics question safety at US ports
A Federal programme aimed at improving maritime security in the US may well result in up to one million port personnel having to undergo additional background checks and obtain biometric identification cards.
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NewsICTSI granted Guayaquil concession
ICTSI has been granted a 20-year concession to manage the Ecuadorian port of Guayaquil. Its initial priority will be to reinforce existing quaysides at a cost of around $168m, taking two years to implement. Total investment across the 20 years of the concession will be around $800m.
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US short-sea shipping call
Short-sea shipping is the only answer to the US capacity crunch, according to Charles Raymond, chairman, president and chief executive of Horizon Lines. In his view,rising container imports are placing extreme pressure on an already strained transportation infrastructure.
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NewsFuture-proof
Bremen/Bremerhaven secures feedership role for the future as JadeWeserPort project gets go-ahead. Tom Todd reports
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Changing tide of German opinion
Few now appear to doubt the future strategic importance of what will be Germany’ s only deep-water container terminal: the idea, once scoffed at, appears to have literally grown on Germans.
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Lübeck's share sights
City hopes to boost future port prospects with a majority share sell off to an experienced port operator, as Tom Todd reports
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Sassnitz-Mukran eager to fill unused capacity
Germany’ s easternmost deep-water port,Sassnitz- Mukran, expects planned new rail-ferry links this year with Russia will help solve its problem of unused capacity and hopes more cruiseships will fill the rest.
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NewsDouble-edged strategy
Kiel’ s focus on the two Cs of cruise and cargo should keep it on a steady course, as Tom Todd reports
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Multi-sector plan encourages Rostock cargo growth
Although best known for booming ferry and ro-ro traffic, east Germany’ s biggest port, Rostock, continues to surprise, with eggs in many baskets as part of a strategy of universal, multisector development.
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NewsLegislation overload
Port operators are used to being bombarded with new rules and regulations – and environmental “ issues” generally lead the field. Felicity Landon reports
