Latest News – Page 993
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Extension to Arica port concession
Modifications have been made to the concession awarded by Arica port authority to TPA to reflect investment of $25m it must make in new anti-seismic technology.
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Deutsche Bank buys assets in New York
Deutsche Bank group company RREEF has been granted permission to acquire Maher Terminals by the Port Authority of New York-New Jersey.
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Uruguay upgrading river port traffic...
Uruguay plans to spend $160m over the next five years on reactivating trade at the ports of Salto and Paysandú, as well as upgrading facilities at Montevideo, Fray Bentos and Colonia.
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San Antonio seeks to expand
Attempts by the Chilean port of San Antonio to expand into an adjacent 88.6 hectare area are being opposed by many in the city, as it would mean the destruction of the park that currently occupies the site.
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Goldman Sachs buys into SSA Marine
Goldman Sachs has acquired a 49% stake in SSA Marine, although it is not known how much was paid for the shares.
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NewsPanama Canal expansion contracts awarded
The $5.25bn extension of the Panama Canal will be undertaken through the placing of eight contracts.
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Three ways discussed of privatising El Salvador's ports
El Salvador''s National Port Authority is looking into three possible methods of awarding concessions at the ports of La Unión and Acajutla.
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NewsTurning heads
Oakland is trying to divert attention away from the more familiar west coast ports of Los Angeles and Long Beach, writes Alex Hughes
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10 key questions the conference will aim to address:
Funding new project development and acquisitions: what are the key criteria that lenders look to be fulfilled in today's environment?Green shoots of recovery, fact or fiction? When and where according to leading industry analysts.Who are today's investors, what is the current attitude of international terminal operators and shipping lines towards ...
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Upgrade loan for Vyborg
A multi-purpose port situated in the Gulf of Vyborg, about 113km from St Petersburg, will be helped in its ¢ 233m ($366m) modernisation by a ¢ 115m ($180.7m) loan from the European Bank of Reconstruction & Development.
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On the acquisition trail
Many investors have shown true interest in private ports or private terminals. There are various port deals conducted in the last few years, some examples are presented below:
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NewsMarker lowers light pollution
A new port marker device designed to increase maritime safety and facilitate rendezvous manoeuvres for ships entering the port has been adopted by the Port of Barcelona.
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Latvia eyes Russian/Asian cargo
Latvia''s is set to carve out a role for itself as a transhipment and handling centre for containerised cargo to and from Russia, China, Korea and other Asian states, according to officials. To add further value, the country will provide additional logistics and transport infrastructure.
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Suape gets greener
The Brazilian Port and industrial complex at Suape is to invest $9.84m in environmental projects up to 2010. These will be funded through the sale of land in the industrial area.
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Protect your assets
A new rapid deployment perimeter protection system claims to provides a cost effective covert security solution to protect portable assets, such as plant and high value metals, as well as perimeter locations.
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Russia goes deeper
A new deep water port is to be built at Karelian Belomorsk in Russia, 376 kilometres from Petrozavodsk.
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CVRD to invest in Oman
CVRD is to invest $1bn in Oman in the construction of an iron ore pelletisation plant and distribution centre at the Port of Sohar, which is also collaborating financially on the project. Annual throughput will be 7.5m tonnes of pellets.
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Chittagong to go private
Pacific International Line in collaboration with Container Terminal Services are favourites to be awarded the concession to operate Chittagong Container Terminal. Other bidders are Everest Enterprise Ltd and incumbent terminal operator SAIF Powertec.
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Colombia woos private investors
Private investors are being the opportunity to commit cash to three new port projects in Colombia.
