Latest News – Page 1159
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NewsYou cannot be serious!
You would think that after at least ten years of full-on port privatisation that countries wishing to attract new investors, and the investors themselves, would know how to get it right. Two recent events, however, suggest otherwise.
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Five bid for Busan expansion
Around US$604.85m in investment will be required.Five companies have put forward bids to build four new berths at the South Korean port of Busan. These are PSA International, Hyundai Development, Daewoo Engineering & Construction, Posco Engineering & Construction and Hanjin Heavy Industries & Construction. 30 new berths will be added ...
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NewsAuckland Ports acquired by ARH
Ports of Auckland is to return to full public ownership following the US$117.5m takeover bid of Auckland Regional Holdings (ARH) surpassing 90% acceptance. As a consequence, the statutory entity of the Auckland Regional Council can now enforce compulsory acquisition of the outstanding 10% shareholding of New Zealand''s largest port company.
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Safmarine expands landside presence in Abidjan
Following the deployment of the three new ''Wafmax'' class ships serving the cocoa trades from West Africa, Safmarine has invested in new trucks and warehousing facilities in Abidjan in Cote d''Ivoire. Best known as a shipping company, Safmarine is also investing in land-side logistics and opened a 10,000 square metre ...
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The Inland Mystery
Ben Hackett is exasperated by the absence of invaluable statistical data to tell us what is actually happening to all those containers
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NewsLet there be ports
TOC provides a wealth of ideas and material for a magazine like ours and the recent event in Antwerp was no exception. We catch those conference sessions we can and download the speakers'' papers from those presentations we can''t get to, to mull over later. We chat with people who ...
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Intertek invests in Sierra Leone
Sierra Leone''s President Kabba recently opened the 10-year BOOT container security scanning concession awarded to Intertek Foreign Trade Standards and partners Port Maritime Security International (PMSi).
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NewsUnlocking its huge potential
With Turkey having just announced its first containerport privatisation and Egypt showing signs of more interest in this direction, will the eastern sector of the Med at last come of age, asks Mike Mundy .
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The EC's position: not unreasonable on the face of it
A key objective of the EC''s strategy for the development of ports is to establish clearer rules which set high quality standards for access to the port services market, and make procedures more transparent. Commercial port services" and in particular cargo handling, passenger services, towage, pilotage and mooring" are ...
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NewsWhat needs doing to the EU's ports?
Cecilia Eckelmann-Battistello is president of the Federation of European Private Port Operators (FEPORT) and managing director of leading container terminal operator Eurokai. She spoke to Nick Elliott .
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NewsPlanning delays a major cause of congestion
Neptune Orient Lines (NOL) released some interesting research at the recent TOC conference in Antwerp. David Appleton, NOL''s president Europe, in presenting the findings revealed the hefty cost in both time and money of developing more port capacity in Europe to ease congestion.
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BRISTOL HAS ITS OWN PLANS
The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.Bristol has ...
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LNG TERMINAL FOR VENICE
The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.Norwegian oil ...
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Mersey Docks goes to Peel
Mersey Docks and Harbour Company (MDHC) has been sold to Peel Ports for £ 771m. Peel already has port operations in Clydeport and the Manchester Ship Canal, whilst MDHC operates in Sheerness, Chatham, Heynsham, Dublin as well as Liverpool. Both interests have development plans.
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LEIXOES TO TAKE PANAMAX
The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.The port ...
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CERES BATTLE GOES ON
The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.NYK's battle ...
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NewsICTSI signs up in Madagascar
ICTSI has signed a 20-year container terminal operating concession for the port of Toamasina, Madagascar, the country''s main port.
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ABG/Voltri win Kandla box terminal concession
India''s ABG Heavy Engineering in partnership with Genovabased Voltri Terminals has been awarded a contract to develop and operate a US$46m container terminal at Kandla port. Its bid, which involves a 48.997% revenue share, was more attractive than those tendered by either Afcons/Hamburg Port Authority or Gammon India/Mersey Docks & ...
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NewsBusan rewards transhipment loyalty
Busan Port Authority is to return US$12.14m to 52 shipping lines as a reward for moving at least 3% more transhipment cargo through the port in 2004. This is a significant rise on the US$8.35m the port returned in 2003. The incentive programme, along with the policy of cutting port ...
