Latest News – Page 738
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NewsCustomer capture
In the hinterland chase, Europe goes international while the US sees a demography shift, as Martin Rushmere explains
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Baltimore top of the US ports for growth
The Port of Baltimore is celebrating a 15% increase in annual cargo volumes, marking the greatest growth of any major US port last year.
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New Brazilian dry bulk concession due in May
The Brazilian state of Pará is to issue a $546m tender for a dry bulk terminal at the port of Outeiro in May.
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NewsTT Club growth up
The TT Club has announced 8.5% growth in premium income for 2011 – maintaining a strong financial platform last year, despite challenging marketing conditions including the Japanese tsunami and Thai floods.
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NewsMelbourne ready to welcome third stevedore
Melbourne has finally got the go-ahead for a new container terminal at its Webb Dock, at the same time securing approval of infrastructure upgrades at Swanson Dock.
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Savannah secures additional funding
The Port of Savannah has secured funding of $46.7m to help pay for the Savannah Harbor deepening.
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Transnet unveils $4.3bn investment plan
South African port operator Transnet Port Terminals has committed R33bn ($4.3bn) over the next seven years in port and rail capital projects until 2018/19.
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ICTSI invests in Karachi terminal
Manila-based International Container Terminal Services Inc subsidiary ICTSI Mauritius has acquired a 35% stake in Karachi’s Pakistan International Container Terminal Ltd.
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Panama Canal proposes rate hike
The Panama Canal Authority has released proposals to hike Canal toll charges, increasing the number of vessel types, and breaking the tanker segment down into three segments.
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LA sets out five-year plan
The Port of Los Angeles has adopted a five-year strategic plan through to 2017, focusing on three key areas: competitive operations, strong relationships and financial strength.
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ICTSI to acquire additional concessions
Enrique Razon, chairman and chief executive of ICTSI, has announced that the company is seeking to acquire additional port concessions this year, especially in Africa, the Middle East and Latin America.
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Head of APDL resigns in protest
The president of the Douro and Leixoes Port Authority (APDL), Matos Fernandes, has resigned his post, citing his "deep regret" in respect of "an absence of decision-making from other companies in the industry".
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NewsMSC denies terminal arm listing
MSC has denied any plans to spin off its container terminal division through the issuing of an IPO on the Singapore stock exchange, rebuffing industry rumours surrounding a potential listing,
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NewsShaking up the status quo down-under
Melbourne finally has its sights set on the prize with Port minister Denis Napthine giving the port''s long-awaited third container terminal the official go-ahead.
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NewsCOSCO keen on Croatian terminal investment
Chinese shipping group COSCO has revealed an interested in investing in the Croatian Port of Rijeka - utilising it as China’s link to mainland Europe - and supporting city infrastructure.
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NewsLNG bunkering in Europe
Det Norske Veritas (DNV) is conducting a feasibility study for the Flemish Government relating to the provision of LNG bunkering facilities in three Belgian ports.
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Embracing social responsibility
While public-private partnerships may be the favoured new look for India, the long-hand of government control can still be felt in several areas.
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Thailand powers ahead with port plans
Thailand is moving on with developing its ports and supply chain as it positions itself as the hub of Upper ASEAN, a senior Thai official told Port Strategy.
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NewsCargotec straddles Malaysia
Cargotec has secured a deal to supply four of its Kalmar ESC340W straddle carriers to Malaysian port operator Northport (Malaysia) Bhd.
