Latest News – Page 928
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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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NewsGlobal 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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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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NewsDeeper access for Portland
Patience has been a virtue at the Port of Portland, as Felicity Landon finds out
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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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NewsIndia 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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Another two ports for Tideworks
Tideworks has secured orders from two ports in the Americas for its software systems.
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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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Russia to back Ust-Luga bonds
Ust-Luga Port in Russia is to issue state-backed bonds worth $695m.
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NewsNZ 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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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."
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Hamburg needs to upgrade infrastructure
Companies using the Port of Hamburg have called upon the government to rapidly implement port facility expansions.
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Tauranga performance praised
A market report prepared by Morningstar research unit, AspectHuntley, has praised the Port of Tauranga for doing a "remarkable" job of returning a 7.3% increase in net profit after tax to NZ$45m (US$ 33.6m) during the recent global recession-affected financial year.
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Port of Kolding wins Danish Ports Initiative Award
Copenhagen...The award was given to a Danish Port that had taken an extraordinary initiative within sustainable development, environment, energy and climate.
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NewssTRATEGIST COPY
Just as the "old paths" in ship finance will not adequately meet future needs it is equally clear that the traditional banking sector will not be able to meet all the requirements of the international ports sector.
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NewsAPM Terminals
Port and terminal operators are looking for ways to take costs out of their systems and provide the most efficient service possible, says Allison Enedy, director of communications at APM Terminals Americas.
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Aden seeks more transhipment traffic
The Port of Aden is looking to expand its infrastructure to enable it to attract higher levels of transhipment traffic. The two existing terminals are managed by a joint venture between a state-owned company and DP World. Design work on the planned extension is begin in 2010.