Latest News – Page 1139
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STRONG GROWTH FOR KONECRANES
Well-balanced growth continues at KCI Konecranes, with manufacturing output up and second quarter order intake setting another record at 369.2m. Full year sales growth expectation has risen from over 35% to 40%-45%.
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APM inks Vietnam and Jordan agreements
APM Terminals, together with Saigon Port Co, has reached an agreement to build a new container terminal at Cai Mep some 15 miles south of Ho Chi Minh City. Construction of the terminal is expected to start later this year and completion is scheduled for mid-2009.
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ICTSI WINS TARTOUS CONCESSION
Hopes are that the port will serve Vietnam's future in global commerce.ICTSI has been awarded a 10-year concession to operate Tartous Container Terminal in Syria, with scope for a five-year extension in the contract. Also bidding were CMA CGM, Kuwait and Gulf Link Transport/Gulf Stevedoring and OPM/PWC Logistics. Tartous, claims ...
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Immense interest in P&O Ports' US terminals
Around 100 companies have declared an interest in terminal assets held by P& O Ports in the US.
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NewsTacoma bond issue
The Port of Tacoma has issued $100m in revenue bonds with an effective fixed interest rate of less than 4%.
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P&O NA teams with Tideworks
Tideworks Technology has announced the successful deployment of its container terminal management suite with P& O Ports North America in Tampa, Florida.
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Americas sustain containerport throughput
Globalisation and the rise of China as the world''s manufacturing centre have accelerated containerport demand in the Americas in recent years, according to a study from Ocean Shipping Consultants Ltd.
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Santos concession provokes outrage
A local councillor in the Brazilian city of Santos has criticised the decision by the local port authority to award an area of 80,000 sq m on the left bank to incumbent container terminal operator Santos Brasil without going through the process of an open tender.
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Medway's Ridham ready
The Medway port of Ridham is also getting ready to meet Olympics-related demand and reporting busy times already.
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Supply stream for London
As well as construction materials, there is a big push to make sure that London is seen as the delivery port for anything that needs to be imported for the Olympics, says PLA chief executive Richard Everitt.
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Metoc dredging services
Environmental consultancy company Metoc has launched a range of environmental engineering services for the dredging of marine aggregates from the UK Continental Shelf to meet demand from major developments in the South East, including the London Olympics. It is offering marine environmental impact assessment, support for licence applications for extraction, ...
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H20 vital for Heathrow
Water proved a vital element in serving the Heathrow Terminal 5 construction site. Aggregates were transported to the site via the waterways and this was a project in which the River Medway also played an important part; Mittal Kent Wire at its Chatham Docks terminal handled the import of 70,000 ...
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Lion City port losing its roar
Singapore has held on to the top box port crown for two years running, but can it hold off rival Hong Kong for a third? Peter Trevalyn thinks not
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Seaway offers alternative outlet
Grain volumes shipped via the St Lawrence Seaway rose 25.5% in the first quarter ended June 30 to 3.36m tonnes, according to Richard Corfe, chief executive and president of the St Lawrence Seaway Management Corporation.
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NewsBeating hurricane hangovers
Hurricanes Katrina and Rita caused unprecedented human and financial damage along the Gulf coast of the US last year. As this year''s season gets underway, Michael King examines how the grain ports are gearing up for this season''s onslaught
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NewsCautious curiosity
Questions are being asked, but many ports are still not serious about building facilities to support automation, reports David Foxwell
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NewsIn-built intelligence key to successful automation
With shipping lines demanding higher productivity and reduced handling costs, terminals that don''t have the ability to implement new technology are less likely to be able to provide efficiency improvements, as David Foxwell reports
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Speed up, tone down and save time
Users such as Ceres Paragon Terminals say automation and a high specification TOS has a number of benefits. Ceres Paragon claims to operate the fastest container terminal in the world, and will be the first marine terminal to integrate IT systems provided by Navis with image acquisition portals, weigh-in-motion scales, ...
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NewsBack to basics
Introducing a larger measure of common sense into container terminal concessioning should be a priority, according to Mike Mundy