Latest News – Page 876
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APM Terminals welcomes CMA CGM's flagship
CMA CGM held a ceremony on board CMA CGM''s new 365m long, 52.1m (20 containers) wide fleet flagship, the Cristophe Colomb to welcome the giant technologically advanced vessel to the Port of Rotterdam on its maiden voyage from Shanghai.
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Bulk and tanker operators less boxed in by downturn
The outlook for most container terminal operators might be bleak, but the economics of running dry bulk and tanker facilities provides some cause for optimism.
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UK's pre-budget report disappointment
Expressing frustration at the UK government''s refusal to cut duty on fuel as well as its stand on raising National Insurance Contributions, Roger Williams, CEO of the United Kingdom Warehousing Association (UKWA) has said "it was perhaps over-optimistic to expect any favours."
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Aussies e-learn IMDG code
An IMDG Code e-learning course by Exis Technologies has now been included on the Australian Maritime Safety Authority''s website. This comes in advance of the mandatory training for all shore side staff involved in dangerous goods transport by sea that will take effect from January 2010.
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T4 to start operations in Tangier in 2014
Marsa International Tangier Terminals is to assume management of T4 at the new Port of Tangier Med II. The 30-year concession was awarded last year to a consortium consisting of Marsa Maroc, PSA and SNI, although it is not clear whether PSA is still involved. The facility is slated to ...
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port finance review
Record-breaking terminal deals of yesteryear hang heavy over today''s depressed market, Mike King explains
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ps the strategist
Picture this - the whole of the traditional terminal investor world, in the shape of international terminal operators, is in the grip of the world''s worst recession and it has become evident that they have scaled back investment plans, and that new projects are now further from their mind than ...
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Global Port Tracker unveiled
Hackett Associates has launched a Global Port Tracker report to replace IHS Global Insight''s Port Tracker, which ceases publication at the end of the year.
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National Policy Strategy: increased investment
Setting out the UK government''s conclusions on the need for advancing port infrastructure, a new draft National Policy Strategy (NPS) has highlighted the need for increased investment over the next two or three decades and projects a definite requirement for increased capacity in the years ahead, despite the current downturn.
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Deeper access for Portland
Patience has been a virtue at the Port of Portland, as Felicity Landon finds out
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Cuba commits to ports modernisation undertaking
The expansion of the Panama Canal has prompted Cuba to fund the expansion and modernisation of its three main ports in collaboration with China and Venezuela.
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Another two ports for Tideworks
Tideworks has secured orders from two ports in the Americas for its software systems.
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Green issues
The clearance of a seven-year Environmental Impact Report logjam is one of the most important port issues from the point of view of the Marine Exchange of Southern California.
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India to Liverpool link
Since around 60% of current trade from India to the UK is ultimately being delivered to within a 150-mile radius of the Liverpool, the local port authority has put two and two together, and looked at opening up a direct shipping service to the west coast of India.
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New transhipment port for Costa Rica
The National Concessions Board of Costa Rica is to permit technical studies to be carried out for a $700m transhipment terminal close to the existing Port of Moí n on its Atlantic coast. Results are expected within a year and a tender will be issued in mid-2011 should these suggest ...
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North Harbour development on track in Manila
A joint $312m bid by Metro Pacific Investments and Harbour Centre Port Terminal has been accepted by Philippine Ports Authority for the development and operation of the North Harbour at Manila.
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New multi-national box terminal in Russia
Russian, Chinese and North Korean investors are planning to open a new container handling facility at Primorskii Krai in Russia. The facility, which will eventually be able to handle 400,000 teu annually, will be built in phases.
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NZ volumes down but boxes up
Forsyth Barr senior investment analyst Jeremy Simpson''s review of the annual reports of 11 New Zealand ports has revealed that total cargo volume comparably fell during the year despite a slight average increase in container throughput.
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Russia to back Ust-Luga bonds
Ust-Luga Port in Russia is to issue state-backed bonds worth $695m.
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New Baltic Sea NOx Study published
Annual ship emissions of nitrogen oxides in the Baltic Sea could be cut by around 270,000 tons by 2015 by the application of an emissions charge, according to a new study entitled "Market-based instruments for NOx abatement in the Baltic Sea."