Latest News – Page 1146
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NewsLIQUEFIED NATURAL GAS 'THE NEXT BIG THING' IS HERE
The current main driver for change in the port sector, as in the global energy market, is the increasing demand for liquefied natural gas (LNG). As Mike Corkhill reports, for a growing number of ports, LNG represents not only a rapidly expanding traffic but also a major new responsibility.
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NewsAsia boosts NY & NJ volumes
Continuing growth in Asian trade boosted container volumes at New York-New Jersey by 14.6% during the first half of 2003. Imports from East Asia grew by 38%, while imports from Southeast Asia grew by 31%. Asian imports now account for 41% of all cargo handled by New York-New Jersey. This ...
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Spanish ports invest
The three ports of Spain''s Comunidad Valenciana (Valencia, Castellon and Alicante) region will invest a combined € 397.25m in 2004, up 50% over 2002. Of this, € 115m will be contributed by various state bodies while the balance of € 281.86m (71%) will be sourced from the private sector.
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Vizhinjam major box player?
Kerala Port Department (KPD) is progressing plans to convert Vizhinjam into a major international container terminal. Despite the fact that it is only 200km from the location of the proposed Vallarpadam transhipment terminal, near Kochi, KPD insists it will not affect traffic.
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Ailes' new vehicles terminal
Spain''s Aviles port authority is to undertake a feasibility study into building a new vehicles terminal on the southern area of the San Juan Quay.
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Batumi to get new port
The revival of the Silk Road along the South-Caucasian corridor as a natural link between the Black Sea and the Caspian region is seen as providing Batumi, as well as neighbouring Poti, with significant development opportunities.
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Cosco to invest in Tianjin
During the past year, 1,100 new longshoremen were hired, increasing employment for an industry that already supports 228,000 jobs in the region.Cosco Pacific, the Hong Kong-based subsidiary of China's largest shipping line, has signed a memorandum of understanding to take a 50% stake in the construction of six new berths ...
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Hong Kong needs CT 10
During the past year, 1,100 new longshoremen were hired, increasing employment for an industry that already supports 228,000 jobs in the region.Hong Kong needs to build Container Terminal 10 after Kwai Chung's CT9 has come fully on stream by 2005, to raise its long term competitiveness, the head of the ...
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NewsBusan back on track
The South Korean port of Busan expects to be back to its previous operational state by April following repair to major damage inflicted by Typhoon Maemi last September. Eleven quayside gantry cranes had to be withdrawn for repair with two already back in operation by the end of 2003. All ...
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Thamesport resurfaces
Thamesport (TMP) has resurfaced its 27,000 sq metre North Park with 70mm of DBM binder course, which was then finished with a 35mm layer of stone mastic asphalt surface course. The North Park is now able to provide an empty storage capacity of 3,270 TEUs.
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NewsHamburg threat to Rotterdam
Hamburg passed the six million TEU container barrier last year, prompting port sources to say that if strong, above-average growth continued in the premier German port, it could soon be knocking at Rotterdam''s door as far as box handling is concerned.
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Japanese promote efficiency
The Japanese Transport Ministry is to introduce three pilot projects aimed at streamlining container handling. Five ports are under consideration as being suitable locations for the trials, these being Tokyo-Yokohama, Nagoya, Osaka-Kobe, Kita-Kyushu and Fukuoka.
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Beirut seeks terminal operator
Beirut port authority was due to issue a tender seeking an operator for its new container terminal. The document which has been prepared by US consultants the Cornell Group, envisages a 10-year concession including an option for a further five years. $3m of investment will be mandatory as will a ...
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Auction in Genoa
At present, container terminals at these ports are divided into completely separate berth operations, often managed by totally distinct stevedoring outfits employing a bewildering variety of loading and handling systems. As part of the new scheme, all these operations will be integrated with the aim of driving down costs by ...
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New Mooring terminal to go ahead
The government of Bangladesh has ratified a contract awarded to China Harbour for the construction of the New Mooring container terminal at the port of Chittagong at a cost oUS$134m. Once built, the one million TEU/year facility will have a private operator appointed.
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ATM steals from TMB
Bilbao''s ATM container terminal has stolen another client from rival port stevedore TMB.
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Montreal beats New York
At present, container terminals at these ports are divided into completely separate berth operations, often managed by totally distinct stevedoring outfits employing a bewildering variety of loading and handling systems. As part of the new scheme, all these operations will be integrated with the aim of driving down costs by ...
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Trinidad swithers
Although there is still no decision on whom to entrust with the terminal operations contract, Port of Spain has decided to expand its box facilities to 500,000 TEU capacity.
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Gwadar project could help or hinder regional stability
According to governmentissued projections, the Pakistan-China joint venture to build a $248m deep-sea port at Gwadar will be completed by March 2005.
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Indonesia cracks down on monopolies
Hutchison and stateowned Pelindo II controlled Jakarta Container Port may be forced by the Indonesian anti-monopoly agency to terminate its operations on competition grounds.
