Latest News – Page 949
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NewsHPH backs away from Colombo tender
Hutchison Port Holdings has pulled out of bidding for Sri Lanka''s Colombo South Harbour terminal.
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NewsPSA-Sical prohibited from Tuticorin bid
PSA-Sical Terminals Ltd has been barred from bidding for the concession to operate a new container terminal at the southern Indian port of Tuticorin.
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NewsControversy dogs Liscont
Liscont container terminal in Lisbon continues to be embroiled in controversy.
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Klaipeda courts private investment
Klaipeda State Seaport Authority is seeking new private sector investment to develop infrastructure in the port. Incoming chief executive Eugenijus Gentvilas has stressed an urgent need for partnership with private capital, pointing out that existing port users should be given the possibility to make investment themselves. He added that with ...
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NewsAshdod port says no to new container capacity
Ashdod Port Company Ltd has written to the Israeli government to state that no new container handling facilities need building in the port for at least 15 years.
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Tender issue for Boubyan island
Kuwait is to issue a tender for the development of a port on Boubyan Island, located at the entrance to the waterway leading to Iraq''s main port in the Gulf.
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New York developments
The port authority of New York and New Jersey (PANYNJ) has approved the lease extensions that will allow the operation and future development of its Howland Hook Marine Terminal on Staten Island. This means the 202-acre Howland Hook facility''s existing lease will be extended through to 2058.
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NewsSpecific solutions for tough challenges
Felicity Landon finds out why careful planning and specific solutions are critical when choosing wireless systems for ports and terminals
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NewsSpanish shuttle carriers pick up on efficiency
Kalmar has been awarded a contract to provide a fleet of shuttle carriers to TTI Algeciras SA in Spain.
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Asciano heads to the market
Australian ports investor Asciano is looking to the market to raise A$2bn (US$1.6bn) in order to reduce a debt burden estimated at A$4.9bn (US$3.9bn). The company examined a range of sale and recapitalisation offers in the knowledge that A$2.7bn (US$2.2bn)-worth of the debt is due to be settled this financial ...
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NewsSeller's need to wake up to today's lower prices
Those seeking to sell terminals to raise much needed cash will be operating in a buyers'' market.
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Terminal 75 out to tender
Kaohsiung Harbour Bureau is to issue an international tender for the concession to operate Terminal 75, which is to be vacated in August by Maersk. Previously, China Ocean Shipping group had been rumoured to have been offered a lease.
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B&B fund finds new identity
The part of Babcock & Brown that, among other interests, owns ICS Logistics, a leading operator of break bulk sea ports in Florida, Louisiana and Alabama, may have found a way out from under their parent company''s troubled shadow.
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Contract or expand?
The outlook for international port operators remains harsh but the economic downturn could soon presage a fresh wave of consolidation, reports Michael King
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Sierra Leone to privatise port authority
Sierra Leone Ports Authority is soon-to-be privatised by the National Commission for Privatisation. The commission has already concluded a survey and put together a written report, which has been discussed by all stakeholders. Employees of the ports authority are said to be supportive of such a move.
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Double whammy for Brazil's Vitoria
There has been a double dose of good news delivered for the Brazilian port of Vitoria as, firstly, the Espirito Santo state government has promised to invest Reais242m ($125.4m) in the port and then Ports Minister Pedro Brito promised that the Reais117m dredging programme would be the next in Brazil ...
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DPW signs with Identec
DP World has chosen Identec Solutions for its radio frequency identification technology at its Australian terminals.
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Break bulk cargo crippling Saigon
Limited capacity at Saigon port in Vietnam has led to unprecedented congestion of break bulk consignments. A maximum of 25 vessels can access berths at any one time and in recent months more than 15 vessels have been forced to wait at anchor for want of available slots. The Port ...
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DP World to sell equity stake as profits fall
Dubai-based private equity fund, Abraaj Capital, has been linked to a 15% stake in DP World, an approach that has been confirmed by the terminal operator.
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Government out of time on Farfán
Local sources claim that the proposed Panamanian mega-port of Farfá n will not now be implemented by the current government, which to date has been one of its biggest backers. Numerous attempts to build the port have been paralysed by a number of legal challenges.
