Latest News – Page 1085
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News
ALEXANDRIA UPGRADE
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Egypt's Transport Minister, Sharaf Eddin, visiting Alexandria, said ongoing work aimed at upgrading the infrastructure would allow the facility to become ...
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Xiamen to sell stake
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Xiamen, the nearest port to Taiwan, is currently considering selling off a 9.9% stake to strategic investors. The sale would be ...
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HONG KONG
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.A package has been assembled to reduce port costs in Hong Kong. It is hoped that the measures, which include cuts ...
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MUMBAI
Hutchison Port Holdings and Evergreen Marine Corporation have been left disappointed as India''s internal security committee rejected their right to bid for a US$270m offshore container terminal at Mumbai. Indian intelligence authorities are apparently unhappy about the increasing presence in the country of businesses with Chinese connections.
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NewsJohor Port
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Johor Port, which is currently listed on the Malaysian stock exchange, could either be wholly privatised or acquired by MMC Corp. ...
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..and joint ventures in Saudi
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Saudi Ports Authority has made it known that terminal operator International Ports Services, a joint venture between Hutchison Port Holdings and ...
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NewsJakarta gets stubborn on charges
In a move that has shocked shipping lines, Indonesia is enforcing its 37% terminal handling charge cut. Ships are being barred from leaving Jakarta unless their owners play ball and put it in writing that they will submit to the new charges.
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BNDES REVAMPS BRAZILIAN DREDGING CONCESSIONS
The Brazilian National Development Bank (BNDES) is putting together a new concession model to govern the implementation of dredging work. At present, all dredging contracts have to go out to open tender, but under new guidelines this would no longer be required. Instead, a four to five-year concession would be ...
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Panama megaport plans move on
The US$1bn ''megaport'' in Panama is already proving a source of controversy at the planning stage. Of the ten leading container terminal operators who met in Panama at the end of November to hear the details of the ambitious plan, almost all balked at the huge cost. However, the prime ...
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LAZARO CARDENAS
However, the concession route has not been adopted for the upgrading of facilities and Quay 5, at least not for the moment.The Denmark-based Centre for Port Dimensioning has given the go-ahead for the Mexican port of Lazaro Cardenas to receive vessels of at least 12,500TEUs, despite the fact that none ...
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VERACRUZ
However, the concession route has not been adopted for the upgrading of facilities and Quay 5, at least not for the moment.Archer Daniels Midland Company (ADM) has bought a 78.5% stake in the Veracruz stevedoring company Terminales de Cargas Especializadas (TCE). ADM is already Mexico's second leading importer of agricultural ...
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TACOMA
However, the concession route has not been adopted for the upgrading of facilities and Quay 5, at least not for the moment.The Tacoma Commission can now press on with its plan to widen the Blair Waterway after the approval of a US$12.5m settlement with Weyerhaeuser which leases the land from ...
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NewsMontevideo could oust BA
The current level of container traffic at Buenos Aires which handles practically 90% of Argentina''s box traffic, is commensurate with the box boom year of 1998. However, analysts are warning that the high cost of doing business there could ultimately result in Buenos Aires being downgraded to a feeder port.
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NewsGuam box terminal privatisation coming in on final approach
Guam is soon to make a decision about the privatisation of its container terminal facilities.
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NewsArgentina invests to handle giants
Argentina''s leading terminals have been forced to invest in post-Panamax gantry cranes by carriers whose larger ships are putting pressure on South America''s east coast to meet their needs.
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NewsBenchmarking to get ahead
How does a port or terminal go about determining how good it is? Does it benchmark - against its nearest rival, a world league table, or what?
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Technology's helping hand
There are a large number of companies currently supplying equipment for automated gate systems.
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NewsTechnology delivers speedy ROI
In this report Alex Hughes considers the role played by technology in bringing economies and efficiencies to the gate and hastening a return on investment.
