Latest News – Page 1086
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NewsEnergy boost
Ports are taking up the green challenge, seeking out various ways of reducing both fuel consumption and engine emissions. Alex Hughes reports
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TSI powers ahead with hybrid crane trials
TSI Terminal Systems Inc, which operates the Deltaport and Vanterm container terminals in the Port of Vancouver, is trialling a new hybrid RTG,which is able to regenerate kinetic and potential energy to battery banks during braking manoeuvres.
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NewsNo stone unturned
HIT is hedging its bets running a number of ‘ green schemes’ concurrently to improve RTG emissions and noise, as Alex Hughes explains
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NewsWake-up call
Time for a serious rethink on regulating port pricing in India’ s major ports. Mike Mundy explains why
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NewsPersonal banking
India needs to capture private sector investment if it is to realise its full future potential. Gordon Feller reports
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NewsNew mobile cranes for ICTSI Syria
ICTSI subsidiary Tartous Inter-national Container Terminal has contracted manufacturer Liebherr for two new mobile harbour cranes, a first for Syria. Tradition-ally, container handling in the country has been undertaken by geared vessels.
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DP World commits to long-term financing
DP World plans to issue both conventional bonds and Islamic bonds as a means of extending its debt maturity profile.
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Saqr to boost berthage
Four new berths have been commissioned at Saqr Port in the United Arab Emirates. These 795 metre long berths will bring to 12 the number of operational berths available to shipping. The port recently opened a new 350,000 teu container terminal operated by KGL Ports.
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Two Ngqura box terminals
Private-sector companies are going to be asked to bid for two large container terminals at South Africa' s Ngqura Port, which will require investment of € 841m ($1.1bn). These will be able to handle 3m teu annually, with expansion potential to eventually handle 4m teu.
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Ashdod investigated for nepotism
Israel' s State Comptroller is investigating reports of nepotism at Ashdod Port Company Limited. Of concern is the fact that most employees being hired already have family members working for the company. No new hiring will take place at the port until the report conclusions have been released.
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South Africa appoints regulator
South Africa is to introduce a National Ports Regulator, which will assume one of the two roles formerly undertaken by the National Ports Authority, whose own activities are now restricted to those of port landlord.
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Lake Nyasa terminal planned
A tender has been issued by Tanzania ports authority in respect of the construction of a port jetty at Mbamba Bay port on Lake Nyasa. Work is slated to commence later this year.
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Lagos management split
Nigerian Port Authority in Lagos has been divided into two separate elements: NPA Western Port and NPA Eastern port, in a bid to speed up response time at the ports and improve efficiency.
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Mombasa grain float
Grain Bulk Handlers Ltd, which operates a grain terminal at the port of Mombasa, is to undertake an initial public offering early next year. Listing of shares will take place on the Nairobi stock exchange.
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NewsComoros dragged into 21st century
Gulfcom, the joint-venture put together by Sharjah-based stevedore Gulftainer to manage Moroni Port in the Comoros Islands, has made drastic changes to working practices.
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APM considers Isla Verde take-up
APM Terminals is currently reviewing plans to expand its activities in the port of Algeciras.
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NewsBilbao box terminals consolidation mooted
Dragados-SPL is believed to be in the final stages of acquiring Bilbao-based box terminal TMB, despite the fact that the company is already the majority shareholder at the rival ATM terminal in the port. This would enable the company to control annual traffic of 500,000 teu.
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APM considers Isla Verde take-up
APM Terminals is currently reviewing plans to expand its activities in the port of Algeciras. This would involve the partial take-up of new land on the expanded Isla Verde Quay. However, this would be predicated on the company gaining a satisfactory collective bargaining agreement with port unions, which would involve ...
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MSC Las Palmas dream
MSC has announced a wish to operate its own terminal in the port of Las Palmas, where it is currently a shareholder in OPCSA. The shipping line accounted for 50% of the 1.4m teu throughput registered by Las Palmas in 2006.
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Up in the World
DP World has promoted Patrick Walters to the position of senior vice president and managing director for its fast-growing Europe and North Africa region. Mr Walters has been with DP World and, previously P& O, for 12 years, in a variety of commercial and financial roles.
