Latest News – Page 1090
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NewsNorthern 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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NewsCavotec 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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NewsGreen 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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NewsA 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.
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PORT QASIM SCREENS US BOUND BOXES
Following a pilot scheme in February, Port Qasim is expected to start screening US-bound containers from March this year. There will be a live video link between customs authorities in both Pakistan and the US. Containers arriving from Pakistan will then not need to be re-examined on arrival in the ...
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VICT EXPANDS INFRASTRUCTURE
Vietnam International Container Terminal has decided to upgrade infrastructure at its facility in Ho Chi Min City.Work will include extending the quay by 192 metres to 678 metres, thereby allowing the terminal to accommodate four containerships at once. It also intends to acquire additional quayside lift. Current capacity of 450,000 ...
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OPERATIONS RECOMMENCE AT GOPALPUR
A consortium led by Orissa Stevedores Limited has begun handling cargo at the minor Indian port of Gopalpur.Within four years, it plans to have developed facilities to handle 20m tonnes annually,which it claims will be reached by 2012.
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CONTROVERSIAL PLANS AT MACHILIPATNAM
While plans by the state government of Andhra Pradesh in India to build a deepwater port at the town of Machilipatnam have been generally welcomed, the proposed location of the port has drawn controversy.The chosen site requires less dredging than at Gilakaladindi, which is where cargo in the area has ...
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NewsDisaster recovery plan for MICT
International Container Terminal Services Inc and subsidiary Manila International Container Terminal have given the go-ahead for the development of a disaster recovery site through DataOne Asia. The site will allow business to continue in the event of an unexpected disruption in operations.
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Busan won over by Savitrak
Busan marks the latest port to sign up to Savitrak''s Radio Frequency Identity (RFID) service. The product is built on an opentechnology network that captures data from all types of standards-based Automatic Identifica-tion and Data Collection (AIDC) devices, including bar codes, sensors, passive and active RFID and Global Positioning Satellite ...
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PSA to run Gwadar
PSA has received a letter of intent confirming the build-operatetransfer contract to run the Pakistani port of Gwadar as part of a 40-year concession. Three quarters of the $248m project was financed by China.
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Labour peace returns to Chittagong
Bangladesh''s leading port of Chittagong claims to have overcome industrial action by its workers unhappy with plans to privatise operations at the container terminal.
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DPW EYES WEST BENGAL
DP World has revealed that it is seeking new infrastructure projects in the Indian state of West Bengal.The company is already heavily involved in the Kulpi port construction project, which also features an adjacent industrial zone.The company is investing $136m in the first phase of the project, which is scheduled ...
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SHANGHAI STILL NO.1
With throughput in excess of 530m tonnes, Shanghai remains the world''s busiest port for the second consecutive year,with traffic growth of 19.8%. In terms of box traffic, it handled more than 20m teu, which in part was helped by the opening of the 30m teu capacity Yangshan deep water ...
