Latest News – Page 1099
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COLOMBIANS CONTROL CALDERA
Colombian investors have been awarded a 20-year concession to operate the Costa Rican Pacific port of Caldera. Sociedad Portuaria de Caldera will invest a total of $35m in the first three years of operation to upgrade existing infrastructure and buy new equipment.The concession, the first of its type in Costa ...
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ADDITIONAL STACKING AREA IN SANTOS
Tecondi container terminal in the Brazilian port of Santos has announced a plan to expand Stacking Yard 1 at a cost of ¢ 21m.This will involve lengthening the quay to 320 metres, thereby boosting capacity to 235,000 teu/year, and infilling an area of the sea for stacking of 1,800 teu.The ...
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New deepsea port for Ecuador
The International Port Alliance (Alinport) is promoting the creation of a new deep seaport at Posorja in Ecuador that will be able to accommodate at least panamax size container vessels. Ships of 3,000 teu or larger cannot currently access the country''s leading port of Guayquil, because its access channel is ...
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NewsEl Rama opens new port
Nicaragua National Ports Authority has opened the new port of El Rama, located 400 km from the capital Managua, between Bluefields Bay and the Escondido River.
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HPH gives $1m bond to Manta
Hutchison Port Holdings (HPH) has handed over $1m to Manta Port Authority guaranteeing the seriousness of its offer to invest heavily in the development of the port. HPH intends to invest $468m in upgrading facilities over a period of 30 years, with the port authority providing an additional $55m.
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Green light for GPA
Georgia Ports Authority''s Board of Directors has approved a series of construction and new equipment contracts that will significantly increase container handling capacity at the Port of Savannah.
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COLONET PORT TENDER
A tender has been issued in Mexico by the Ministry of Transport and Communications for a concession to manage the port of Colonet Bay, Ensenada.
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NEW BERTH FOR ARICA
The northern Chilean port of Arica is to invest more than $18m in the construction of a new asymmetrical berth. A tender will be issued upon completion of environmental impact study, with the work scheduled to commence in 2007.
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ORIENT TO ABANDON NORTH AMERICA
Hong Kong-based Orient Overseas (International) Ltd is to sell terminals it operates at Staten Island New York, in New Jersey and two in Vancouver, raising an estimated $1bn.These are expected to generate $107m in earnings during the year.
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HAMILTON SECURES LAND
Hamilton Port Authority has snapped up Stelco''s Inc Rod Mill, in a deal that includes 103 acres of waterfront property.
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SAVANNAH SALES FOR KONE CRANES
Georgia Ports Authority has splashed out more than $50m for four super post-panamax ship-to-shore container cranes and 15 all-electric RTGs from Konecranes.Deliveries will start in the spring of 2007 and continue until April 2008.
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DPW ARGENTINE EXPANSION
DP World is to invest $100m to expand terminal facilities at the port of Buenos Aires, where it is the managing partner of Terminales Rio de la Plata. Not only is the stevedoring group looking at investing in a new mega-port project in the country, it will also be investing ...
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Box terminal concession for new Karachi port
Karachi Port Trust has asked for companies to submit pre-qualification applications to finance, build and operate the first four-berth container terminal at its new Deep Water Container Port.
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Chinese companies flirt with Las Palmas
China Shipping Container Lines and Cosco Container Lines, as well as the stevedoring company Sekou Terminals, have indicated a willingness to make use of the Spanish port of Las Palmas, which currently handles significant amounts of transhipment traffic from its location in the Canary Islands Peninsula.
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Shanghai investors seek European port possibilities
Shanghai International Port Group is reportedly seeking investment opportunities in European ports.
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Seven-year ports investment plan for India
Ports in India are to receive ¢ 9.35m over the next seven years as part of a national development plan to help them achieve a throughput target of 20m teu.
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Bangladesh Seeks Japanese Investment
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. The Bangladeshi government has let it ...
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DP WORLD QASIM BOOST
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. DP World is to invest $211m ...
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INDIAN LOGISTICS LURE
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. Dubai-based Jebel Ali Free Trade Zone ...
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SOUTHERN BOX BOOST
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. The southern Indian ports of Chennai,Tuticorin, ...
