Latest News – Page 833
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India to triple capacity within 10 years
India’s shipping minister has announced plans to triple capacity within the next 10 years, stating that ports are vital to sustain India''s economic growth. Capacity will be boosted to 3.2bn tonnes as part of the plan, exact details of which will be issued at the end of September.
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Flinders investors divest stakes
Two investors have divested their holdings in South Australian ports operator Flinders Ports.
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Valparaiso and San Antonio tenders get green light
Chile''s Public Companies System (SEP) has approved the issue of tenders for new terminal concessions in the ports of San Antonio and Valparaiso.
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New Spanish Ports Law enacted
In August, Spain passed new legislation amending its Ports Law governing common user ports, which was first introduced in 2003.
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Cargotec racks up new orders
Cargotec is celebrating a flood of orders for its Kalmar port equipment in Europe and the Americas.
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Oakajee users sign MoUs
Three foundation customers have been obtained to underpin the proposed Oakajee deepwater port in Western Australia.
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APS and Zebra partnership
APS Technology has partnered with Zebra Enterprise Solutions to integrate the former’s optical character recognition portals and driver kiosks with the latter’s terminal operating system at Gulf Stevedoring Contracting Company (GSCCO) Jeddah and Jubail terminals. GSCCO operates three of the largest ports in Saudi Arabia and is in the process ...
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Protecting shipping lanes
Despite the various codes of practice, Maritime Notices and the requirements of the Electricity Act, offshore renewable energy developments are increasingly causing problems.
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Neat little packages
Just as the package deal has for long been one of the simplest ways of organising a vacation, the package has become the favoured route for the majority of port and terminal clients purchasing insurance.
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A way through the growth of Green
A ports magazine, e-news and series of events specifically aimed at issues thrown up by the growing environmental agenda is the subject of a new venture by Mercator Media.
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Chinese ports to benefit from waterways push
The prominence of China’s river ports is to increase as a result of rising fuel prices, worsening road congestion and a search for greener forms of transport, according to a new report.
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Russian assets ‘earmarked’ for acquisition
A new venture is on the lookout for Russian port acquisitions and has already created a fund to pursue opportunities in “the complete logistics chain” in the region.
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A way through the growth of Green
A ports magazine, e-news and series of events specifically aimed at issues thrown up by the growing environmental agenda is the subject of a new venture by Mercator Media.
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China Merchants to operate Colombo terminal
China Merchants Holdings (CMH) has signed a $450m deal with Sri Lanka Ports Authority (SLPA) and the local conglomerate Aitken Spence to build a new container terminal at the port of Colombo.
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Reap what you sow
The Chamber of Shipping has warned of ‘severe consequences’ if the UK’s offshore wind power planning process isn’t tightened up. Felicity Landon reports
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Altamira extension on track for 2011 opening
Three-quarters of Altamira’s expansion work has been completed, with operations scheduled to commence in the first quarter of next year, according to officials.
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Wanganui council regains port
Ownership of Wanganui Port has returned to the district council in a NZ$2.75m (US$2m) deal with former port leaseholder, River City Port (RCP).
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Mundra to get major investment
The Adani group is to invest $1.2bn in the Mundra Port and Special Economic Zone over the next five years. The aim is to reach 200m tonnes in throughput by 2020.
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Callao expansion still open to interest
Economic and mining growth in Peru has put pressure on both general cargo and mineral facilities in Callao, but this is about to change as the port pulls together a number of measures to deal with growing volumes.
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The littered road to recovery
The spectre of mass insolvency and bankruptcy appears to be behind us as the maritime industry roars to the end of 2010 with excellent financial results for the first half of the year.