Latest News – Page 928
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Second box terminal for Montevideo
A tender covering the concession of a second container terminal at the port of Montevideo will be issued on March 17, 2010. It will specify a minimum of four cranes, which will deployed in a 600 metre quay length dredged to a depth of 14.5 metres and occupy an area ...
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Shanghai to have free port
The city of Shanghai aims to build an international freeport by 2020. It will be centred on the Yangshan bonded port and form part of China''s 12th five-year plan (2011-2016).
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Azerbaijan to build new port
Azerbaijan''s Transport Ministry has received some technical feedback for the construction of a proposed seaport at Alat, which is located to the south of the capital city.
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ACS sells overseas stakes to local partners
Spain''s construction and services group, ACS, has created a series of local agreements for the disposal of the overseas ports assets held by subsidiary Dragados-SPL. In each case, shares in existing joint ventures are being sold to local partners.
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NewsOnwards and upwards for Brazil
The fortunes of Brazilian ports are rising. Firstly the Special Secretariat for Ports has earmarked an investment of $1.8bn from the federal government''s Growth Acceleration Program (PAC) specifically aimed at infrastructure work.
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NewsSPCT's plans go large
Saigon Premier Container Terminal (SPCT) has officially opened its gates after three years of construction. Located near Ho Chi Minh, Vietnam, it is part of the area''s push outwards away from the congested inner city, where a number of smaller port operations are closing.
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NewsDover seeks sale
The port of Dover, presently one of the UK''s Trust ports, is planning to sell itself off in order to fund its expansion projects.
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NewsInvestment down at Brazilian ports
Port authorities in Brazil had invested about 20% of their forecast budgets by the end of October, according to statistics released by the Ministry of Planning.
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NewsItalians to introduce port labour reforms
The Italian government is planning to introduce reforms to existing waterfront labour legislation, a move strongly opposed by port unions.
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NewsAPM's Kaohsiung operation goes to Hanjin
APM Terminals and Hanjin Pacific have reached an agreement on the future of Kaohsiung Terminal.
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Asciano manages debt repayments
Ports owner Asciano - parent of Patrick stevedores in Australia - has brokered an arrangement with its banks and now has no further debt repayments due for over two years. The agreement involves a revolving credit facility and a working capital facility plus a term loan.
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Botany working group aids turnaround times
The inception of the Patrick Port Botany working group has seen the terminal exceed several key operating measures consistently over a four-week period, according to Patrick parent Asciano.
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NewsLoaders get magnetic boost
The Russian Port of Visotskiy has recently installed two more Lancaster ship loaders to double the number at the port.
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China goes supersize
Benchmark spot coal prices at Qinhuangdao - which handles around half of China''s coal - recently rose by about 3% a tonne in just a few days, bringing prices up to a level not seen in a year.
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NewsRussian connections
Russia''s sights are on plans for $13.3bn of port investment by 2012. Since the downturn, Russia''s dependence on energy exports has increased, (20% of its coal goes abroad), so its ports are a necessary part of the supply chain.
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Rio to expand three terminals
Requests have been made to expand three terminals at the Port of Rio de Janeiro in projects worth $327m. These encompass activities at MultiRio, Multicar and Libra Terminais'' Terminal I.
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Haifa hangs on SPARCS
Israel''s largest container handling port, Haifa is to replace its existing terminal operating system the Navis Sparcs N4 operating system. The system promises improved customer support, increased stacking yard capacity and greater control over resources.
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Privatisation opposition promised
Maritime Union of New Zealand Auckland branch local secretary Russell Mayn has promised the Government any attempt to privatise Ports of Auckland will be met with "massive opposition".
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NewsDiamonds in the dirt
Coal producers are bypassing chokes in the supply chain to invest directly in terminal space, as Stevie Knight explains
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New box terminal for Santos
Localfrio has requested that Santos Port Authority issues a tender for the construction of a container terminal, to be known as Prainha, in the Guarujá area on the port''s left bank. It will occupy an area of 200,000 sq m and have 550 metres of quay. Annual capacity will be ...
