Latest News – Page 781
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Eco-friendly co-operation exerts trade pull
Could growing ecological concerns lead ports and terminals to adopt a ‘cluster’ approach, whereby ports in the same region will present a unified front to the environmental agenda? Stevie Knight looks at the merits of a combined approach for ports looking to capture the green dream.
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On whose authorisation?
International sanctions pose a threat to worldwide ports and terminals. HFW''s Daniel Martin explains
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ICTSI's Portek share bought out by Mitsui
ICTSI has received $30m for its 16.9% stake in Portek International from new majority owner Mitsui & Co (97.04%).
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Coquimbo privatisation attracts bids
A total of six sets of tender documents relating to the privatisation of the Chilean port of Coquimbo have already been sold, although it is expected that this number will double.
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Cargotec-Sweframe court stories differ
SweFrame claims their court battle over intellectual property with Cargotec seems to have turned in their favour, at least at present – but Cargotec’s version is different.
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Brazil squanders port investment
A survey of port investment in Brazil over the past decade by consultants Amaral & Associates has shown that investment of only $728m out of a promised total of $263bn was actually spent. This amounts to just 37% of the stated investment.
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Manaus concession put back to 2012
The tender for second port concession at the city of Manaus in the Brazilian state of Amazonas will not now be issued until 2012. Originally, the tender was slated for 2010, but was later put back until the second half of 2011, although has now been delayed until early next ...
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APMT profit increases
In the first two quarters of this year, APM Terminals generated revenue of more than $2bn, up 6%. Profits amounted to $304m. Three new port operations commenced: at Cai Mep in Vietnam, at Monrovia in Liberia and at Poti in Georgia.
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Five pre-qualify for Kalibaru
Five bidders have prequalified for the concession to build and operate Kalibaru Terminal at the Indonesian port of Tanjung Priok in a contract that will eventually be worth $1.37bn.
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New tender for Valparaiso
A new tender for the proposed Terminal 2 at the Chilean Port of Valparaiso is to be issued in the first half of 2012.
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US Northwest ports lose out to Canada
Ports in the US Pacific North West say that the mandatory Harbour Maintenance Tax that they have to pay for dredging is forcing grain shipments towards cheaper ports in Canada.
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First strikes at Tanger-Med
Dockworkers at the Eurogate terminal in the Moroccan port of Tanger-Med have gone on a six-day strike demanding similar pay and conditions to stevedores in the adjacent APM Terminals facility.
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Rough water ahead for northern Europe
According to the North Europe Port Tracker, despite a very strong second quarter which may rescue total year volumes, the region is in a sharper slow down than anticipated by the industry.
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Can US port security stand up to the cuts?
Ten years on from 9/11, US ports are being asked to enhance their security further, but it’s a troubling issue in the recent environment of budgetary cuts.
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Libyan operations aim toward normality
The European Union is expected to lift sanctions against Libya''s ports today, and operations are looking at getting back to normal as quickly as possible.
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Captive to Casablanca
Morocco''s original ''super-port'' risks being overshadowed by national neighbours, as Stevie Knight explains
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Defining the ‘Green Port’ concept
The keynote speech of the GreenPort Congress on 14th September 2011 is to be presented by Dimitrios Theologitis of the European Mobility Network Directorate, says event organiser Mercator Media Ltd.
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Off the transhipment seesaw
In today''s market, those North African terminals with hub status carved out in transhipment will likely find themselves more stable than those with domestic pull.
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Revolutionary spirit
There remain a myriad of barriers to ''secure'' port investment in North Africa as Stevie Knight discovers
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An extraordinary affair
The early expulsion of Getma International, a subsidiary of the NCT Necotrans group, from its 25-year concession for the Conakry container terminal in Guinea has all the hallmarks of a most extraordinary affair.