Latest News – Page 1088
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News
VIETNAM
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.P&O Ports is to invest US$300m in building a new port in Vietnam's Hiep Phuoc industrial zone capable of handling 1.5m TEUs a year. Construction is scheduled to commence early next ...
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Sethusamudram channel dredge goes ahead
India is to go ahead with plans to dredge the Sethusamudram channel, known as " India''s Suez" , between a group of islands separating the mainland of India from Sri Lanka. The US$550m project will reduce transit times between the country''s west and east coast by 30 hours, although is ...
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JAVA
A new floating coal handling terminal, Kimtrans Suralaya, has opened in Western Java to serve the Indonesian Suralaya power station. The station uses 11m tons of coal each year, being the largest in Indonesia. Barges will serve the new floating terminal which will transport coal ashore by conveyor belt.
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NANSHA
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Cosco Pacific is to sell a 20% stake to APM Terminals in the container terminal that it manages at the Chinese port of Nansha. As a result, APMT will have an ...
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TANJUNG PEPEPAS
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.A Malaysian government bank has granted the port of Tanjung Pelepas a loan of US$196m to finance part of its US$345m expansion plan. The port authority has also moved to scotch ...
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CHENNAI
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Customs authorities at Chennai have adopted a new procedure which effectively prevents export containers from entering the port if they do not have either proper Customs documents or other relevant paperwork ...
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GWADAR
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Expressions of interest have been received from domestic and international port operators to take over operations at Pakistan's Gwadar port. Dubai Ports International, Global Marine Service Company, Pakistan International Container Terminal ...
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AL JAZEERA
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Al Jazeera Port, in Ras Al Khaimah, is undergoing a US$2.72m expansion which will include provision of a container terminal capable of accommodating feeder lines. The terminal, which will open within ...
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EGYPT
There are inherent difficulties with the bid which requires certain conditions that the Indonesian government might find difficult to approve.Egypt's Transport Minister has emphasised that all port assets will remain in state hands, although operations and services could be privatised but supervised by the state.
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NewsMaputo eyes South African trade
Maputo Port Development Company is aiming to boost throughput to around 10-12m tons a year in the near future, having doubled its current volume of exports to 5.5m tons since 2003.
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NewsChange of guard for Port of Tauranga
New Zealand''s shipping fraternity will be watching the Port of Tauranga''s future with some interest following the consecutive retirements of chairman Fraser McKenzie and chief executive Jon Mayson.
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Trouble at Liberian National Port Authority
Having been with the port for 30 years McKenzie was last year replaced by John Parker and having served the port for 33 years, Mayson was this year succeeded by Mark Cairns.In August, the transitional chairman of Liberia's National Ports Authority (NPA) sacked the entire board of directors who he ...
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NewsICTSI rolls out Toamasina, Madagascar investment
ICTSI, through its subsidiary, Madagascar International Container Terminal Services Limited (MICTSL), is rolling out investment at its new terminal.
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Port pay request raises eyebrows
Shareholders of the disputeplagued Lyttelton Port of Christchurch have been asked to consider a 29% pay increase for its six-member board.
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RAMALLO
International operator Hutchison Port Holdings, already with port interests in Mexico, is one party known to be looking at new port development together with various logistics operators in order to establish "cargo pipelines" into the US.US-based multinational Bunge has officially inaugurated a further stage of its new Argentinian terminal at ...
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PARANAGUA
International operator Hutchison Port Holdings, already with port interests in Mexico, is one party known to be looking at new port development together with various logistics operators in order to establish "cargo pipelines" into the US.Paranagua Port Authority in Brazil has announced that it has new construction projects on hand ...
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CHIAPAS
International operator Hutchison Port Holdings, already with port interests in Mexico, is one party known to be looking at new port development together with various logistics operators in order to establish "cargo pipelines" into the US.Minera Caracol is to invest US$7m in a bulk minerals terminal at Chiapas in Mexico. ...
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Lessons to be learned from China
Congestion at US ports together with shortages of rail and road capacity are causing delays to containers and threatening import-export growth, China''s Cosco group has warned. The executive vicepresident of Cosco told the Propeller Club that Americans needed to pay attention to the problem. He explained that not all ports ...
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Panama's megaport plans take shape
The Panamanian government has invited the top ten container terminal operators to finalise the US$600m first phase of its megaport project. Only operators handling more than 6m TEUs annually will participate.
