Latest News – Page 938
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Cosco moots Australasian port investment
Cosco Group global chairperson and chief executive Captain Wei Jiafu has signalled his organisation may be weighing up investment in the Australasian port sector.
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Los Angeles offers traffic incentives
Los Angeles Port Authority is considering coughing up $10 per teu for all new traffic that switches to the port to help offset a 5% volume decrease over the first three quarters.
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The winners
Which ports come out on top in the competition to attract and build shortsea business? "Generally speaking, the winning ports are those which recognise the business potential of shortsea and then take the initiative without waiting for government action [such as Motorways of the Sea funding], by engaging in direct ...
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Capacity increases for eastern ports
Two south-east European ports are expanding their container operations based on 2008''s rapid increases.
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South Island ports talk merger
Port Otago and Lyttelton Port of Christchurch have signed a memorandum of understanding to explore a merger of their respective port operations.
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Collaborate or compete?
''Take the partnership approach'' seems to be a common theme among those looking for ways to increase the use of shortsea shipping in Europe. But when does "partnership" mean "collaboration", and will that bring in the competition police? Felicity Landon reports
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Brazil investment 3
President Lula of Brazil has signed an agreement for some Reais4bn ($1.7bn) to be spent on a brand new port complex for Ilheus, in the state of Bahia.
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Brazil investment 2
Having cemented its presence at the southeast Brazilian port complex of Itajai - via the Portonave box facility - Mediterrenean Shipping Company (MSC) is now ready to build a base at Pecem, in the northeast of the country, according to the Pecem port authority.
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Less of a drag
An energy management system that tackles the problem of data and energy chain breakages has been expanded by the addition of an emergency decoupling system.
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Grindrod reveals Maputo plans
South Africa''s Grindrod Group has unveiled its plans for the further development of the port of Maputo in Mozambique.
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Re-nationalisation of Nigerian ports mooted
Lagos state officials have called for seaports at Apapa and Tin Can Island to be taken into state ownership so that better and improved road links can be built.
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December 2008 USA "New Yorker" opinion
After what seemed like an eternity, the results of the 2008 US elections are now known. Even though the new Obama administration actually takes office in late January 2009, transition planning is in full force.
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Indira boosts Mumbai efficiency
Mumbai Port Authority says that since it transferred container handling operations to the privately owned Indira Container Terminal (ICT) there has been a marked improvement in efficiency.
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Boldua to hub out of Las Palmas
Boluda Lines is to consolidate all of its West African traffic at the Port of Las Palmas. The line will now run a 632 teu containership from Spain and Morocco to Gran Canaria, where a 320 teu ship will take them forward to Mauritania and Senegal.
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Global impact of UN Rules 'variable'
The proposed convention on carriage contracts (Rotterdam Rules) presently passing through the UN will have "variable" consequences for terminal operators, warns insurance company TT Club.
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Seattle to take disciplinary action
The Port of Seattle''s war on fraud moved up a notch following the conclusion of an investigation conducted by former US Attorney Mike McKay.
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Brazil ploughs ahead with investment programme
Senior Brazilian government minister, Dilma Rousseff, has stated that she is undeterred by the current disturbances in the international financial markets.
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Private sector pulls out of projects
LLX Logistica has announced it is suspending the project to build a port at Peruí be, on the coast south of Sã o Paulo.