Latest News – Page 1130
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Cross-continent rail link mooted
The Chilean and Brazilian governments are in discussion regarding the promotion of a rail link between the ports of Antofagasta and Santos.
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Santa Fe to return to private sector
October 2004 has been set as the deadline for bids to operate the container and multi-purpose terminal at Argentina''s Santa Fe port.
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Ennore touts for business
About 25km to the north of Chennai, Ennore Port Ltd is to go out to tender for a 30-year BOT contract to build a brand new container terminal capable of accommodating vessels of up to 8,000TEUs. The facility, which will have an annual capacity of 6m TEUs, is being built ...
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NewsJNPT congestion..
JN Port''s two existing container terminals continue to suffer congestion problems with some 14,000TEUs rumoured to be effectively trapped within the various stacking yards because of insufficient block trains to move them.
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..and P&O Ports' CCCL at Chennai following suit
P& O Ports is also facing congestion problems at Chennai on India''s east coast, where feeder operators increased the congestion surcharge from $15 to $50/TEU as from July 15. Chennai International Container Terminal Ltd (CCCL) has been suffering from serious berthing delays and a drop in productivity following a strike ...
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Inflexible decision-making dogs Indian ports
India''s recently published Economic Survey 2003-2004 highlighted the main problems faced by the country''s 12 leading ports - Kolkata (Calcutta), Chennai, Cochin, Ennore, JNPT, Kandla, Marmagao, Mumbai, New Mangalore, Paradip, Tuticorin and Visakhapatnam - which handle 76% of national port volumes.
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NewsICTSI sees 100%+ increase in half-year profits
ICTSI has doubled its half-year profits compared to the same period in 2003. The company''s international operations in Gdynia, Poland and at Tecon Suape, Brazil made a significant contribution to the result. ICTSI reports that net profits for the first half of 2004 were $8m, up 101% compared with $3,98m ...
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IRANIAN DEAL FOR ALPS
Ironically, while PSA Corp is backing out of India - see preceding story - a consortium of Indian companies has taken their expertise overseas and signed a deal to set up a container terminal at the Iranian port of Chabahar.
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PTP REPORTS RECORD GROWTH
The Tecon Suape terminal reported profits for the first time with these following on from a significant increase in cargo throughput and positive management initiatives on the part of ICTSI to introduce more efficient operational procedures and working practices.Malaysia's PTP, Singapore's new rival, reported a 25% first half throughput increase ...
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SHANGHAI EXPECTS
The Tecon Suape terminal reported profits for the first time with these following on from a significant increase in cargo throughput and positive management initiatives on the part of ICTSI to introduce more efficient operational procedures and working practices.The latest traffic forecast from Shanghai estimates a container throughput of 14mTEU ...
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PSA pulls out of India
Indian port news is plentiful this month with the " ins and outs" of investment strategy, congestion issues, new development plans and mooted institutional change in port authority operating structures, all generating items of interest.
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P&O Ports signs for Bengal box terminal
The international terminal operator that has shown most commitment to India is P& O Ports and it has just reaffirmed this by securing the rights to become an investor in Bengal Port Ltd (BPL). In early August, according to a P& O Group announcement, P& O Ports signed development and ...
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PARADIP CLOSING DATE
15 September 2004 is the closing date for qualifying bids for a BOT project for the construction of a new iron ore export facility at Paradip on India''s east coast.
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SHENZHEN CONTINUES TO CLIMB
The Chinese port of Shenzhen reported a 32% first half throughput growth with a total of 6.06mTEU, in line with expectations. The port''s three terminals forecast reaching at least 13mTEU by the end of the year.
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INCHON PHASE ONE OPENS
Phase I of the Inchon Container Terminal (ICT), located 30km from the South Korean capital of Seoul, has opened for business.
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Jan De Nul
Belgian dredging contractor Jan De Nul has recently been awarded more than € 200m worth of contracts. In Hong Kong, landfall dredging and close to 1.5m tons of rock-dumping has to be executed for the gas pipeline connecting the Guangdong Liquefied Natural Gas Terminal located at Cheng Tou Jiao (Shenzhen) ...
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NewsSTRUCTURAL CHANGES BRING NEW CHALLENGES
The growth in scale and complexity of Asia''s container terminals is providing the ports of the region with massive new challenges - and new opportunities. Steve Meyrick tells the story.
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THE ANTIPODEAN WATERFRONT
The Australian Waterfront is the product of three main forces, only one of which is native to the Lucky Country. First and foremost is the influence of the thin band of settlement around the coast of the country which makes for many ports, poor roads in the interior and very ...
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"THIRD FORCE" ARGUMENT FADES
Credence is still given in certain circles to the idea that in order to provide a really competitive container handling service there has to be more than two companies providing such a service in the same location. We see, for example, this idea backed in locations such as Australia where ...
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NewsISPS compliance: some did, some didn't
The press releases came in from every corner of the world. Those ports and shipowners that had complied wanted to shout about it. Fair enough considering the effort and expense involved in preparing for ISPS Code compliance by the 1 July deadline - but too many to list here individually.
