Latest News – Page 979
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NewsSecond tier opportunities
"Second tier" ports that support local requirements and offer feeder or regional capability are particularly attractive options for investment, according to James Sutcliffe, chief executive at UK-based Port Evolution Management.
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Itanian states backs port investment
Approximately $3.3bn has been invested in Iranian ports in recent years, claims the country''s Ports and Shipping Organisation.
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New JV for Yantian
Shenzhen Yantian Port Group and Hutchison Port Holdings are to jointly build a new container terminal at the Port of Yantian. The initial phase will involve construction of 1.39m square metres of operational area linked to a 1,442 metre long quay.
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NewsWho dares invest?
With trade heading down and credit now a rarity, who will be investing in port projects this year? Felicity Landon reports
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Megamax out in Middle East
The Port of Khorfakkan Department of Seaports and Customs has ordered four tandem lift megamax container cranes from Liebherr.
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NewsZhuhai aims for Peal Delta crown
Trial operations have begun on the latest phase of developments at Zhuhai International Container Terminals (Gaolan) (ZICT) with the recent docking of the 6,350 teu APL New Jersey at one of its two new 50,000 tonne container berths.
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Auckland breaks container record
Ports of Auckland set a new single-month''s throughput record of 59,585 containers during December - 2% higher than the previous best of 58,484 set in March 2007 and about 13% higher than the comparable December 2007 month.
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NewsFending off the problems
Fender specialist start-up, SystemFender aims to help keep fenders in one piece for longer, with solutions to extend operating life while keeping down costs - without sacrificing safety or efficiency.
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Newsmultidocker
The promise of greater efficiency and a better safety record is giving hydraulic material handling equipment for ports a boost in market share, according Fredrik Ö sterströ m, product manager of Swedish manufacturer Multidocker.
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Everglades development part of "economic machine"
Construction of a new 41 acre marine terminal for containerised cargo at Port Everglades has received the go-ahead from the Broward County Board of County Commissioners.
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Paradip deadline
Paradip Port Trust has until March 31 to sign construction contracts for two new berths; one to handle coal and the other iron ore. The last date for submissions is February 12.
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Automation in Taiwan
The first automated container terminal in Taiwan is hooking up with CATOS, a software solution for bringing together yard, tandem, and gate operations.
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IADB helps out Montevideo
The Inter-American Development Bank has agreed a $40m loan for the Port of Montevideo for a period of 25 years, with matching funds of $13 million to be provided locally. This will help finance a new multi-purpose terminal and also deepen the access channel.
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NewsMobile Harbour Cranes
Highly flexible Mobile Harbour Cranes can go anywhere and handle many types of cargo, but they are not without their limitations, as Alex Hughes finds out
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News"No Red Tape" committee through red tape
The IMO Facilitation Committee (FAL), the body that promotes smooth transition of shipping between international ports and offshore terminals, has cleared the last hurdle to it becoming a fully fledged institution of the organisation.
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UAE buys Poti
The Georgian Port of Poti has sold a 49% stake to RAK Investment Authority of the UAE for $65m; the same company had earlier bought the other 51% for $90m.
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IFC supports Canal expansion
The International Finance Corporation, part of the World Bank, has approved a $300m loan for the Panama Canal Authority. The loan will help fund the Canal's $5.25bn expansion of canal capacity. The loan is to be repaid within the next 20 years.
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NewsICTSI eyes expansion
Manila-based global port operator ICTSI hopes that experience of the Asian meltdown in the late 1990s will help guide it through the current economic crisis
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Indian port commandos
Following last year''s terrorist attacks on the Indian city of Mumbai, all major ports in the country are to be guarded by their own elite marine commando units.
