Latest News – Page 958
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New Albanian port
The British-Swiss Zumax AG group has been awarded a ¢ 1.18bn ($1.5bn) concession to build a new container terminal in southwestern Albania and operate it for a period of 35 years.
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Manzanillo box tender issued
A tender has been issued for a new container terminal at the Mexican Port of Manzanillo. Investment of $763m is needed, of which approximately half will be stumped up by the state and the rest by private investors. At present, the port handles traffic of 1.4m teu, equivalent to 43.7% ...
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Seattle/Dalian in EcoPartnership
The Port of Seattle and the Port of Dalian, China have agreed to work with other public and private sector partners on an EcoPartnership to advance environmental and economic sustainability. “Our green port strategy is designed to help create a truly sustainable supply chain - not just at our port, ...
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Grimaldi slams Tin Can scanning
Grimaldi Lines has alleged that cargo scanning services are non-existent at the port of Tin Can Island, where they are supposed to be carried out by Port and Terminal Multiservices Ltd.
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Antwerp still looks good
The port of Antwerp handled 189.3m tonnes of freight last year, a growth of 3.5% on 2007.
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Guaymas box terminal tender issued
An American and a Mexican company have entered separate bids for the new container terminal at the Mexican port of Guaymas.
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NZL signs Ports of Auckland
Transportation and logistics company NZL Group has secured Ports of Auckland as the first major customer of its planned independent Sulphur Point Container Terminal.
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Reliance delays Indian port project
Plans by the Reliance group to build a new deepwater port at Rewas in India have been delayed as a result of difficulties in getting the necessary land appropriated by the state government. The economic downturn has also negatively impacted on potential finance.
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CEPA desperate for private sector cash
El Salvador''s port authority (CEPA) urgently needs to privatise its ports to stop its finances passing into the red, according to local sources.
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Auckand heads to supreme court
Ports of Auckland''s lawyers are seeking leave to appeal a recent Court of Appeal decision to the Supreme Court.
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Yang Ming invests in Kaohsiung
Yang Ming is to go ahead with a 2.92m teu box terminal at the port of Kaohsiung, despite the economic downturn.
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Containerport Insurance
Insurers are working with operators and equipment suppliers to upgrade shore safety, keep cranes on track, and cut claims right back, finds James Brewer
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Strategist Column
Here we are seemingly with the natural order of things collapsing around us. Trade is on the slide, contracts are being broken, freight rates are heading south, ships are being mothballed, terminal operators are walking away from concessions and the number of company failures is accelerating. Doom and gloom! Or ...
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Indonesian ports slash rates
Indonesian ports, prompted by the reduction in global oil prices, have cut charges by up to 5% for port services. This move will be re-evaluated within the next three months.
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ZIM switches transhipment to Tarragona
Zim has moved its western Mediterranean hub from the port of Barcelona to Tarragona, where it has a 40% equity participation in the Contarsa box handling facility.
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Santos box terminals hiring
The four container terminals in the Brazilian port of Santos are to take on 300 additional employees this year. Santos-Brazil will contract 72 labourers and Tecondi 70, the rest will be divided between Libra and Rodrimar.
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Securing the bottom line
Australia''s Newcastle coal port is looking at riding the downturn by an investment strategy which could potentially double the ports capacity.
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SECH and VTE share swap scandal
The president of Genova port authority, Luigi Merlo, has had his knuckles rapped by the Ministry of Infrastructure and Transport over an interchange of shares between the port''s two container terminal operators, VTE and SECH.
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Long-term plans in Brazil
The axe may have fallen on some areas of Brazil''s production, but a $300m deal that includes Caribbean port interests as well as two coal mines was concluded in December by Vale.