Latest News – Page 1139
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NewsFour shortlisted for Sethusamudram
Jan de Nul/Boskalis, Hyundai Engineering, Dredging International and Van Oord have been shortlisted for the contract to undertake dredging on three sections of the US$537m Sethusamudram Ship Canal Project . The entire project will involve four tranches of dredging of which the first has already been awarded to the Dredging ...
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KOCHI
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Partial approval has been given to a proposal by India Gateway Terminal for an increase in charges at Kochi. An 8% ...
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KEMBLA GATEWAY
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Challenges from four companies are threatening Kembla Gateway's plans to upgrade, landing the company in the New South Wales Land and ...
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NewsTT Club counts the cost
TT Club has revealed the latest estimate of its claims exposure from hurricanes Katrina, Rita and Wilma and announced its underwriting stance for next year''s policy renewals.
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No room for complacency
Gazing into the future of the trade from a terminal capacity perspective, Drewry''s ports director Neil Davidson told PS: " Our analysis of supply and demand at the major North European deepsea container ports including UK, shows that even with the new developments which we definitely know are coming on ...
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NewsRiding the Rollercoaster
It''s a tumultuous, not to say precarious time to be reviewing this trade, as Nick Elliott reports.
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Liner market concentration presages omens for ports
The global ports industry is going to face the repercussions of a major shift in the market power of the dominant 5-10 carriers that will lead to an urgent need for the industry to evaluate its future strategy.
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NewsCork gets new security system
CEM Systems has supplied its AC2000 SE integrated security management system for installation at Cork. The contract was awarded by ADT Fire & Security and will be supported by an advanced CCTV system and intercom network, part of a major contract ADT has signed with the Port of Cork to ...
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Stolen excavator recovered at port
A JCB excavator bound for Ireland has been seized at a port in Lancashire after plant and equipment investigators National Plant and Equipment Register (TER) identified it as stolen.
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Hutch wades in
HPH''s recently reported foray into St Petersburg will certainly shake things up in the region. Its impending US$150m acquisition of 50% of the port''s First Container Terminal and 37% of the Baltic Container Terminal (time for some fresh thinking on the naming of these terminals perhaps? ) at Ust-Luga 110km ...
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NewsEU accession brings mixed fortunes
The disintegration of the Soviet Union left Russia with a dilemma: should it carry on using container terminals in what had become former colonial territories or develop existing ports within its own territory? Alex Hughes reports.
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NewsFrom Engineering to Operations
Portek’s chief, Larry Lam is making inroads into terminal operations. He spoke to Dave MacIntyre.
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NewsStrike ends as a head rolls
Marseilles strike over for time beingInvolved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. Port authority workers in Marseilles finally ended their two week strike ...
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NewsNaples concessions..
Naples: shortsea shipping gets attentionInvolved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. Naples Port Authority has awarded three new concessions. The incumbent container-handling stevedore ...
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AMSTERDAM
Having been saved from bankruptcy in April this year, Esha Port Services oil products storage terminal has rallied to become part of one of the world''s largest terminal operators. Amsterdam Port Authority stepped in when Esha floundered, and Kaneb Terminals - now ValeroLP - took over.
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NewsPre-booking does the trick
Valencia is following Southampton with the introduction of a mandatory vehicle booking system.
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ANTWERP
Involved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. Antwerp Fruit Terminal has bought PSA HNN's fruit division for an undisclosed amount. The subsidiary of ...
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..and rivals join forces
Involved in the syndicate are Banco Sabadell, Barclays Capital, BNP Paribas, Fortis Bank, HSBC Bank, Santander and Société Générale Corporate & Investment Banking, although a total of 22 financial institutions participated in the operation. After centuries of aggressive competition, Venice and Trieste have joined forces with the signing of an ...