Latest News – Page 1099
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News
$1.5bn reserved for Panamanian ports
Panama''s Ministry of Commerce has indicated that planned investment of $1.5bn over the next eight years will effectively double national port capacity. In all, $200m will be used to expand the port of Balboa, while PSA has announced additional investment to build a new facility at Rodman.
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Altamira investment
Terminal Marítima Infraestructura Portuaria Mexicana, situated in the port of Altamira, is to invest $12m in new equipment to include a Liebherr post-panamax mobile harbour crane that can service 18 rows of shipstowed containers.
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Everglades sister act
Port Everglades has launched an International Sister Seaports program to encourage information-sharing relationships. The port reports that it has already registered interest from the Port of Olbia, located on the Italian island of Sardinia, and Shanghai,China over the past year.
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NewsNicaragua to invest at least $50m
Nicaragua''s National Port Authority is to borrow $50m over the next five years to invest in upgrading ports.
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NewsNo space for Tampico terminal
The proposed multi-purpose terminal at the port of Tampico is not viable, because it will increase congestion in the surrounding urban area, a heavily touristic area, local sources have said.
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TUI SELLS MONTRÉAL MAJORITY
TUI, owner of shipping line Hapag-Lloyd, has sold an 80% stake in Montréal Gateway Terminals to Morgan Stanley. The company acquired the initial stake after its buyout of CP Ships.
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BUENAVENTURA WINDFALL
The Colombian government has allocated $450m to the port of Buenaventura.
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P&O PORTS GETS THE RUBB
Storage facility manufacturer Rubb Buildings has installed a new facility at P& O Ports Dundalk Terminal in Baltimore.
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NY-NJ wants in on DP World profit
The New York-New Jersey port authority has asked DP World for a "transaction or transfer fee", amounting to as much as $84m, as part of the $450m sale of former P& O ports assets in the state, news reports have claimed. But DP World spokesperson Mohammad Sharaf said: "They ...
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New tender for Guayaquil
The government of Ecuador has not ruled out launching a new tender for the concession to run the port of Guayaquil, while in the meantime it has commenced restructuring of the port authority both there and in the cities of Manta, Esmeraldas and Puerto Bolívar. Guayaquil, it is argued, needs ...
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Chile for China?
Doubts have been cast on the effectiveness of using Chilean ports to export goods from South America''s Atlantic coast to destinations in Asia. In part, this is because export cargo from Uruguay and Argentina is not as important as was previously thought.
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NewsSSA Marine switches to ethanol
SSA Marine has introduced a programme to reduce noise emissions from handling equipment at container terminals where it operates.
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The power of optical character recognition
Optical character recognition (OCR) is a "tremendously powerful technology which nicely complements an efficient gate operating system", says Tideworks''Harvey Bauer.
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NewsPanacea or potential headache?
Alex Hughes investigates whether transhipment is the pot of gold everyone thinks it is for Mediterranean ports.
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NewsBarcelona trawls in transhipment business in defiance of nearby competing terminals
Barcelona-based Tercat moved 1m teu last year, of which around 42% was in the form of transhipped boxes. However, the terminal was never built with transhipment in mind. In fact, according to terminal manager Josep Ollés, the percentage of boxes rotated in and out by sea is a comparatively recent ...
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NewsContship faithful to Gioia Tauro
While Spanish ports continue to do well, future investment planning at Italy''s Gioia Tauro has been cast into doubt following recent strikes in both December and February.Relations between majority-owner Conthship Italia and a new leftwing trade union (SDL) are at a low ebb, despite the fact that the average net ...
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NewsBuena vista
Argentina''s leading port is sitting pretty on strong volumes, but will capacity come on stream quick enough to cater for increased demand? Rob Ward investigates
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NewsProductivity Portuguese-style
Could Leixões be Europe''s most industrious box terminal? Alex Hughes finds that the Portuguese port is pushing productivity to impressive levels
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NewsFinessing the front end
Bottleneck or smooth security and processing system? Felicity Landon looks at the latest developments in container terminal gate systems
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Navis takes the middle road
As gate automation becomes an increasingly complex mix of technologies and systems, the challenge is how to integrate all of these efficiently and cost effectively.
