Latest News – Page 785
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NewsContainer rate slide sounds alarms
The bush telegraph beats louder about crashing freight rates and, in turn, the prospect of hard rain falling in the container shipping line sector looms larger, threatening the recovery of container terminal throughput.
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India prioritises port projects
India''s Shipping Ministry has earmarked $3.8bn for 24 port upgrade projects this year, compared with the $903m spent on 12 projects last year.
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A win-win for PPPs
Apart from addressing budgetary challenges, the availability payment public-private partnership approach has significant ‘value for money’ merits that make it worthwhile for port authorities to consider.
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World Cup spurs Brazilian port investment
Brazilian ports are to receive $449m for upgrades in time for the Fifa World Cup, a modest sum in comparison to investment being made in national airports.
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NewsMaking finance available
Boudewijn Jansen, Berend Paasman and Joe Seliga discuss the benefits of availability payments
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Four new ports earmarked for Brazil
Brazil is planning to build four new ports at Manaus, at Sul in Bahia state, in Espírito Santo state - where a deepwater port is planned - and a new multipurpose terminal at Vila do Conde in Pará state.
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Qatar bankrolls two Egyptian ports
The governments of Qatar and Egypt have signed an agreement that will result in the construction of two new ports on the Mediterranean coast at Port Said and Alexandria.
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DP World goes into Suriname
DP World has expanded its portfolio to Suriname on the northeast coast of South America, acquiring a controlling interest in both Integra Port Services (IPS) and Suriname Port Services (SPS).
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NewsCarolina’s hub campaign faces frustration
The campaign to start up a deepwater container port in North Carolina has been facing increasingly muddied waters, including a new move to relocate the proposed International Terminal.
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News‘Stolen’ spreader design claims disputed
Following Cargotec’s filing of a lawsuit against its recently formed competitor, SweFrame has rebutted allegations that its Y40-E and Y45-E spreaders were based on stolen Bromma information.
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NewsVirginia sees the sharp end of business
It looks as if there may be some uncomfortable times ahead for the staff of the Virginia Port Authority, as the new Board has been directed to “challenge everything” in the port.
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NewsIts not the software, its the attitude
It may be more of a surprise to some than others: a recent survey on Port Community Systems showed that the hard part of the necessary development isn’t the software aspect at all, it’s the people.
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NewsUpdate: Typhoon stops berthing at Ningbo
A very large typhoon, Typhoon Muifa, has continued to gain strength and is likely to make landfall near Qingdao.
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NewsGreenPorts congress tackles sustainability
Hamburg will play host to this year’s 6th GreenPort Congress, where port industry, academia and policy-making executives will meet to learn about and discuss the latest in sustainable environmental practice.
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Kenya asks Maersk to drop surcharges
Kenya Maritime Authority has described attempts by Maersk Line to implement additional charges for the handling of empty containers as unjustified and has asked for the surcharge to be withdrawn.
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Russia box market growth to continue
Russia''s container market could grow by 60% between 2010 and 2013 to 6.9m teu, according to research by Drewry.
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Newark undertakes major container expansion
Ports America subsidiary, Port Newark Container Terminal, is to invest $500m to upgrade its facility at the port of New York-New Jersey through a 100 acre expansion.
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Gunvor pulls out of Murmansk buy out
Major oil trader, Gunvor, has cancelled plans to buy a controlling stake in the JSC Murmansk Commercial Seaport (MCS).
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Nigeria accuses concessionaires of contract violations
Nigeria''s Minister of Transport, Idris Umar, has confirmed that the activities of terminal concessionaires in teh country are to be investigated.
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NewsA shift in insurance sentiment
Signs of repositioning are emerging in the insurance market after a largely uneventful spell.
