Latest News – Page 968
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News
APM quits Qasim
APM Terminals is to cede to DP World the 20% stake it holds in Qasim International Container Terminal. DP World is already the majority shareholder at QICT.
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CSN expands Sepetiba facilities
Brazilian steel company CSN is to invest $2.2bn in extending its installations at the port of Sepetiba. The project, which is scheduled for completion in 2013, aims to expand export facilities for iron ore and steel products.
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Pakistan to overhaul ports policy
The Pakistani minister responsible for ports and shipping is reviewing previous government policy on the ports sector and has promised to make necessary changes to bring it in line with international standards. In his view, there are several flaws in the existing legislation that require amendments.
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NewsInsurance comment
Underwriters and brokers are beginning to express concern about the potential for rising damage liability claims at ports and terminals, as a result of fundamental problems coming to light in the operation and design of the containership fleet.
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NewsTracking productivity
Software developers and terminal operators don''t always see eye-to-eye on productivity packages, as Alex Hughes reports
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Dispute delays Northport development
An already decade-long wrangle over legal title of the 32 hectares of seabed covered by Northport is halting plans for a new NZ$40m (US$31m) berth.
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NewsSecure filling from BLT
A new Big Lift Trucks (BLT) logistics facility in Jacksonville, Florida, is to offer a secure yard for full and empty container storage, as well as expert container packing and unpacking of various cargo, including timber, steel and granite.
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Indian JV seeks opportunities
TM International Logistics Ltd, a joint-venture between Tata Steel (51%) and Germany''s Martrade (49%), is actively considering undertaking port operations beyond India, according to managing director Dibyendu Bose. At present, the company has a handling operation at Haldia dock, as well as offering various logistics services in India.
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NewsFocusing on efficiency
Transferring containers from quayside crane to yard crane – using automated technology – is the key to Kalmar’s new Autoshuttle
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NewsViriginia and Panama grow together
In a strategic move, the Panama Canal Authority (ACP) and the Virginia Port Authority (VPA) have reaffirmed their existing alliance through another Memorandum of Understanding (MoU).
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JNPT struck by congestion again
JNPT is once again experiencing congestion problems with reports suggesting that anything between 20,000-25,000 import-export boxes are awaiting clearance at any one time. Growing traffic is said to be exacerbating the problem.
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NewsWindsail: energy saving solution?
Norwegian research team confirm substantial fuel and pollution reduction potential for ocean going ships fitted with Shadotec plc British wingsails
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NewsContainer backlog cleared
Mombasa has finally come to terms with the container backlog brought about by civil disturbances earlier in the year. From having 19,000 containers requiring processing in January, the figure had fallen to 9,000 by the end of April. Storage capacity in the terminal is in the region of 14,000 containers
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Japanese fund Bulgarian box terminals
Varna city council in Bulgaria has allocated a 17.5 hectare plot of land for the development of a new container terminal at the port.
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DP World seeks additional Qingdao investment opportunities
DP World, which already manages the Qingdao Qianwan Container Terminal at the Chinese port of Qingdao, says it is seeking additional investment opportunities in the city. Company president, Ahmed bin Sulayem, has already had talks with local political representatives.
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Tax fraud hits Mombasa
An established tax fraud has been discovered at the Kenyan port of Mombasa by that country''s Anti-corruption Commission.
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Mega Nanning port project
Guangxi Beibu Gulf International Port (Group) Company and Shenzhen Yantian Port Group Company have announced a joint-venture agreement for a terminal development at the port of Fangchengang and a logistics area at Nanning. The aim is to eventually create a 100m tonne cargo handling facility.
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NewsDeveloping the Danube Green Corridor
The aim of the Danube Green Corridor project is to analyze how car logistics from South- East Europe, can combine different transport modes while reducing costs and cutting the negative effects on the environment*
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South Africa to build deep-water box terminal
Transnet, the state-owned company in South Africa responsible for ports, will soon identify the location for a new 6m teu deepwater container terminal. This could be at Durban, Ngqura or Richards Bay. An initial 3.1m teu phase is scheduled to commence operations by 2014 and will form part of a ...
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CCHL shareholding increase
Christchurch City Holdings has marginally increased its shareholding in Lyttelton Port of Christchurch from 75.01% to 75.08%. The investment arm of the Christchurch City Council has previously been blocked in an attempt to build a port business joint venture with Hong Kong''s Hutchison Port Holdings.
