Latest News – Page 740
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Chinese investors mull Sri Lankan port city
An investment group based in Beijing, China has proposed the development of an international port city, similar in scope to Singapore, to be built around the Sri Lankan port city of Hambantota.
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Port strike ends in Panama
Stevedores employed by the Panama Ports Company at the Panamanian ports of Balboa and Cristobal agreed to call off a three day strike and commence negotiations with their employer, following arbitration from the government.
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Panitao terminal needs competition clearance
Empormontt''s plans to build a multi-purpose terminal at Panitao in southern Chile will have to be agreed by the competition authorities, it has been revealed.
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Antaq looks at new projects
Brazil''s Antaq has received requests from private operators to build ports worth approximately $11bn.
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Box operators ignore India rate hike directive
Directives issued by India''s Tariff Authority for Major Ports (TAMP) to the country''s three leading container terminals to cut rates to shipping lines have been ignored.
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Caribbean ill equipped for oil spills
The Caribbean lacks the resources to tackle a major oil spill – according to delegates attending a recent convention in Jamaica to help tackle the issue.
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Port partners sought for wave energy system
This quarter sees Eco Wave Power’s medium scale model start electrical generation and the company is now seeking places to install the full scale technology - which brings more benefits than just green electricity.
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Shahama shifts focus to leisure
Abu Dhabi Ports Company (ADPC) has announced that Shahama Port is set for an upgrade – and Halcrow, US based design build consultancy, will be tasked with the job.
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Minimal impact from electric trends
One of the growing trends these days for port operators is to use electrification systems for port equipment, with more operators looking to electrical mains power as opposed to diesel.
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Ecuador to appoint port regulator
The Association of Private Port Terminals in Ecuador (Asotep) is supporting government policy to introduce a new port regulator, believing it will strengthen the operations of all those involved in the sector as well as making life easier.
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Maersk to invest in Port Said channel
According to Egypt''s Ministry of Transport, AP Moeller-Maersk has indicated an interest in contributing towards the $83m project to build a navigation side channel at the Suez Canal Container Terminal at Port Said.
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Green terminal lease inked at POLB
The Port of Long Beach (POLB) and Orient Overseas Container Line (OOCL) have signed a $4.6bn 40 year lease agrement for the new green Middle Harbor container terminal.
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World Ocean Council Summit 2012
The World Ocean Council (WOC), the international business alliance for corporate ocean responsibility, has announced its second Sustainable Ocean Summit (SOS) will take place from 3-5 December in Washington DC.
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Qatar to place contracts worth $7.4bn
Qatar is to place three contracts shortly as part of the $7.4bn development of a new port.
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Vila do Conde terminal tender
Northern Brazil''s Pará state dock company (CDP) is to build and operate a multipurpose terminal at the port of Vila do Conde.
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Brazil looks to pension funds to invest in ports
The Brazilian government is looking into ways of stimulating investment in national infrastructure by private pension funds. In the coming weeks, two proposals will be debated: the creation of a fund specifically to invest in investment and changes to rules governing this type of action.
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Naples begins to tackles concessionaire debt
Terminal operators in the Italian port of Naples have accumulated debt owed to the port authority of more than €20m.
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Paita to issue bonds
Terminales Portuarios Euroandinos Paita, operator and concessionaire for the Peruvian port of Paita, is to issue bonds worth $110m to build a new terminal.
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Historic terminal lease inked at POLB
The Port of Long Beach (POLB) and Orient Overseas Container Line (OOCL) have signed a $4.6bn 40 year lease agreement for the new Middle Harbor container terminal.
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The tubeless wonder
Tubes will soon become old hat in the port environs, as John Bensalhia finds out