Latest News – Page 1090
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News
'Take another look at NVQs' - Dover executive
Dover''s training and development manager has recommended that UK ports revisit National Vocational Qualifications as a means of adding value to business. "Line managers in our industry are still thinking about NVQs in 1990s terms," said Dover''s Mike Burney- Cumming.
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SWORD slices through paperwork
IT services company SWORD has launched a document control system targeted towards the engineering, energy and transport sectors. Based on Microsoft''s SharePoint® 2007 software, the C2Share Document Control system aims to control the flow of documents between contractors and internal staff, and to effectively monitor the documents review, approval and ...
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Eastern Allure
India has the promise that port investors look for but there remains significant scope to enhance its attractiveness. Mike Mundy reports There is no disputing that India needs new port capacity and where new port capacity is needed there are opportunities.
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TYRE SHORTAGE CRISIS
A global tyre manufacturing shortage is forcing New Zealand container terminal operators to alter ordering patterns and even seek new supply lines to keep their large wharf machinery in operation.
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NEW ZEALAND INTERIMS
New Zealand port companies who have recently published financial results for the six months to December 31, 2006 include: Northport - NZ$7.5m (US$5.2m) after-tax profit (up 834%) and NZ$9.4m (US$6.5m) (up 217%); Port of Tauranga -- NZ$21.3m (US$14.8m) after-tax profit (up 56%) and NZ$73.7m (US$51.2m) revenue (up 20.7%); Lyttelton Port ...
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TAURANGA BOXES CLEVER
NZX service vessel Dolores was recently completely discharged at the Port of Tauranga by three cranes over a 23.2-hour period. The resulting 2064 container moves were completed at an average vessel rate of 91 moves per hour and average crane rate of 31.7 movers per hour.The world standard for crane ...
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PORT WALCOTT INVESTMENT
Mitsui Iron Ore Development is to invest $284m to increase the export capacity for iron ore at Australia''s Port Walcott, situated at Cape Lambert, rising from 55m tonnes to 80m tonnes a year.
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DP World calls off Australian merger
DP World has abandoned plans to merge its Australian subsidiary P& O Maritime Services with offshore oil services firm Mermaid Marine Australia. An agreement, which had been reached by both sides in December, would have involved a share swap, leaving DP World with a 60% stake in the joint company. ...
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Geelong considers intermodal freight options
The Australian city of Geelong is toundertake a detailed study of theimpact an intermodal terminal wouldhave in enhancing its freight anddistribution networks
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Newcastle policy reversal
Port Waratah Coal Services has asked the Australian Competition and Consumer Commission to approve a revised capacity balancing system for the port of Newcastle.
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Northern port merger in doubt
Competition lawyers believe New Zealand''s Commerce Commission will prove a difficult obstacle to any potential merger plans between the ports of Auckland and Tauranga.
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Melbourne prospects boost
A deepening project proposed for Victoria''s Port Phillip Bay has been given the thumbs-up by the treasurer of Victoria, John Brumby.
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Cavotec to launch share offer
A share offer in the range of NZ$25m (US$17.4m) to NZ$50m (US$34.8m) is expected from NZXlisted international company Cavotec MSL.
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Call for South Island freight hub
A "two islands, two hubs" solution is required to rectify "distortions" in New Zealand''s logistical and transport sectors, according to Canterbury Manufacturers'' Association (CMA) chief executive John Walley. Particularly incensed about the lack of a local roll-on roll-off option to Australia for companies based in the South Island, Mr Walley ...
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DPW to boost traffic by 50% over three years
DP World''s chairman, Sultan Ahmad Bin Sulayem,has revealed that over the next three years the company intends to boost its global container throughput by 50%.
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Green credentials
"Environment"is a word that will progressively burn its way into the psyche of business in the 21st century. Inevitably, with trends in motion such as global warming, there will increasingly be a balance to be struck between the requirements of business and those of preserving the environment.
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More trouble at the transhipment "mill"
More labour trouble in Gioia Tauro to the extent that Contship Italia, the transhipment terminal''s operator, has issued threats about exiting the terminal. The visible cause of the problems is the newly formed union Sindacato dei Lavoratori (SdL) which claims to represent 350 of the terminal''s 650 workers and which ...
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A dose of collective amnesia
The flurry of activity at shipyards, as new orders come in for ever larger containerships, appears to have no end in sight.Combine this with the increasing size of terminal operators and the need for new mega ports to cater for the China (and Indian) cargoes and we see the results ...
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Money vs expertise
This issue''s article, Easy Money, highlights the increasing attractiveness of the ports sector to investment banks, infrastructure and pension funds. They are now figuring to an increasing extent in the growing port facility resale market - a deal just announced providing further evidence of this,namely the sale of Maher Terminals, ...
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Ex-PSA managers boost Aden throughput
Overseas Port Management (OPM), managed by several ex-PSA executives, has been granted a one-year extension to its three-year contract at Aden Container Terminal.