Latest News – Page 1094
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Malaysia tariff control
Previous attempts to attract investors in this 2m teu capacity project resulted in just a single bidder, Yang Ming, which wanted to extend the period for building the terminal from seven to 15 years, which was unacceptable to Taiwan's authorities. In 2006, the port handled 9.77m teu, an increase of ...
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Asian box ports lead world
Asian ports experienced an average growth of 11% in container traffic in 2006, with the world''s six leading box handling facilities all located in that region.
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PSA quits Brunei terminal
PSA is to pull out of its concession at Muara Container Terminal in Brunei, which it has operated since 2000. The Singapore-based stevedore will be replaced by Brunei Ports Department personnel with effect from April 1,2007.
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NewsFourth JNPT box tender
The Indian port of JNPT is to issue a tender in respect of its proposed fourth container terminal by the end of the current year. Expressions of interest have already been received.
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BONTANG SETBACK
Earnings at Indonesia''s Bontang Coal Terminal have been hit by a malfunctioning winch-brake motor, which forced the declaration of a force majeure in February.The terminal has a loading capacity of 250,000 tonnes per week.
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VINALINES PORT PLEDGE
Vietnam Shipping Lines, known as Vinalines, plans to raise $3.3bn (VND51tr) over the next three years to invest in its shipping fleet and upgrade its ports. Part of this investment will be spent on the construction of new seaports in Dinh Vu, Hiep Phuoc and Cai Mep.
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ASIA-PACIFIC COOPERATION
Port officials from Asia-Pacific stressed the importance of cooperation at a pivotal International Association of Ports and Harbours'' meeting in Vietnam in February. Representatives met to discuss port development and management and plans to develop sea links between Cambodia, Laos and Vietnam.
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HPH seals Vietnam deal
Expected to be fully operational in 2011, the terminal will have a quay length of 730 metres, with depth alongside of 14 metres and a total yard area of 33 hectares.
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NewsAutomatic kick for Manila
International Container Terminal Services Inc''s (ICTSI) flagship terminal is gunning for full automation at its central gate with the introduction of truck portals with imaging cameras and automated driver transaction kiosks.
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HPH seals Vietnam deal
Kong Kong''s Hutchison Port Holdings (HPH) is to jointly construct, develop and operate a new container terminal in Vietnam under a 50-year concession.
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TT terrorism coverage
In a bid to address one of the biggest threats to maritime trade and one widely feared by terminal operators, the TT Club now offers cover for nuclear and bio-chemical terrorism. This the Club describes as an "industry-leading initiative that recognises and responds to demands from the industry that it ...
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NewsThe cover challenge
Swelling container trade and the consequent growth in terminals poses the greatest challenge to insurers today, as Mark Stanway finds out
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Seven chase Brisbane concession
A total of seven applications have been received from terminal operators eager to occupy new terminal space at Brisbane''s expanding port, Fisherman Islands.
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DPW FINDS AUSTRALIAN PARTNER
DP World is to partner Kaplan Equity in bidding for various port projects in Australia.This will be done through its two subsidiaries P& O Automotive & General Stevedoring and P& O Trans Australia. Kaplan Equity will take financial stakes in both these companies, with DP World retaining 25% of the ...
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NAPIER REVISES EXPANSION PLANS
Port of Napier has responded to local resident opposition and lessened the environmental impact of a development plan. Stage one of the expansion, which should begin next year, will entail replacing its current "finger piers" with a multipurpose berth capable of servicing two container vessels simultaneously.
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NEWCASTLE PRODUCER REVOLT
Coal producers are demanding a reintroduction of a rationing system at Newcastle Port to combat continued congestion. The queue of ships waiting to berth at Australia''s largest coal export port has stayed stubbornly around 50. According to local press reports, large miners like Coal & Allied and Xstrata, have lobbied ...
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Sydneysiders back retention of working port
A strong public support base is forming to campaign to keep Sydney''s Port Jackson as a working harbour.
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Tauranga ups ante in merger talks
Port of Tauranga chairperson John Parker has cast doubt over the proposed merger with Ports of Auckland, following a comment the two ports will this month need to discuss "whether or not, and how" the merger progresses.
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NewsCustoms extends x-raying hours
Increasing demand has seen the New Zealand Customs Service expand its sea container x-raying service at Ports of Auckland from a five-day to a six-day-aweek operation.
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NewsChanging course
Denmark''s piloting sector has opened its doors.Will this overhaul further improve an already well-performing industry or become a massive cross to bear? Alex Hughes finds out
