North America – Page 87
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INVESTMENT BONANZA FOR PANAMA
White brought much needed stability to a job that had seen seven administrators in eight years. He was respected throughout Maryland's shipping industry and was considered instrumental in positioning the Port of Baltimore to become a leader in handling automobiles and other ro-ro cargoes.Concession holders of the Panamanian ports of ...
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Dredging re-commences at Cabedelo
The president of Brazil''s Paraiba Port Company has confirmed that dredging work to remove a large piece of rock from the access channel at the port of Cabedelo recommenced in February. Once concluded this will enable the port to guarantee a minimum of 10 metres of depth in the access ...
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NewsTOO MUCH OF A GOOD THING
Mae West once said: " Too much of a good thing can be wonderful." But as the North American West Coast ports are finding out, too much of a good thing can also mean big trouble. Michael Rosenfeld reports on what may come to be seen as lessons in both ...
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Investment boom at San Antonio
$25m is to be invested in the Chilean port of San Antonio, of which $20m will come from the concessionaire San Antonio Terminal Internacional (STI) and the other $5m from Puerto Panul. STI will use the money to extend its quay 200 metres northwards. The project has already been given ...
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NewsDredging to boost traffic at Santos
Following a cessation of two years, dredging work has recommenced at the port of Santos. In the meantime, the port has continued to break all records. In 2004, throughput of 70m tonnes was a reported, 10m up on 2003.
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EMERGENCY FINANCE FOR SANTOS
Brazil''s Transport Ministry is to release US$44.8m out of a possible budget of US$74.66m to enable some emergency measures to be undertaken and also permit immediate investment in development of the quays.
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AA FOR LB
Some funding will go towards landside construction and also to deepen the access channel to the port to 15 metres.Standard & Poor's Rating Services has raised the Port of Long Beach's credit rating to "AA" from "AA-minus, " citing the Port's "impressive historic and forecast cargo growth along with very ...
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Antonina to be upgraded
Some funding will go towards landside construction and also to deepen the access channel to the port to 15 metres.The port authority administering the harbours at Paranagua and Antonina has announced a series of measures aimed at upgrading the latter port. Primarily these will concentrate on dredging the port terminal ...
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BHP Billiton plans LA gas terminal
BHP Billiton has announced plans to build a gas terminal off the coast of Los Angeles as a means of combating the state''s growing energy shortage. The so-called Cabrillo Port, which will cost $600m to build, will commence operations by 2009. The facility will have the capability of supplying 1.5 ...
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MERGER AT BUENOS AIRES
Buenos Aires stevedore Terminales Rio de la Plata, has absorbed Terminales Portuarias Argentinas.
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NEW YORK'S SPEND ROCKETS
New York Port Authority Board of Commissioners has approved a US$4.5 billion 2005 budget that upgrades security at its airports, bridges, tunnels, seaports and rail system. The port has seen its costs for security rise dramatically since September 11, 2001.
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NewsCMA-CGM ship
Difficulties in reaching the tsunami stricken areas can be overcome with the use of the multimodal facilities available in Johor which is close to Sumatra. The port says the multimodal synergy between Senai and PTP will enable effective redistribution of essential relief items by sea or air.Containers of water, rice ...
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FCAB BUYS INTO ATI
The winner of the tender has until late December to complete the study.The 39,200 square metre Vopak facility mainly handles chemical products, petrochemicals and vegetable oil. A subsidiary of the Antofagasta to Bolivia Railway Company (FCAB) has bought a 30% stake in Antofagasta Terminal Internacional (ATI), which two years ago ...
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WAL-MART CHOOSES MANZANILLO
The winner of the tender has until late December to complete the study.The 39,200 square metre Vopak facility mainly handles chemical products, petrochemicals and vegetable oil. The Mexican port of Manzanillo which handled half a million containers in 2005, has now become a distribution hub for Wal-Mart. The US giant ...
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NewsLong Beach helps small businesses?
Long Beach is launching a major business outreach programme that will provide millions of dollars in contract opportunities to thousands of Southern California small businesses.
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..and stranded Filipino seafarers
Long Beach Board of Harbour Commissioners voted to contribute US$5,000 to the International Seafarers Center''s Stranded Seafarers Fund to help 16 stranded Filipino seamen. Their vessel, the bulk carrier KATERINA, was seized in September in a health and safety investigation while calling at the California United Terminals facility in Long ...
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NewsSantos needs $1bn to ease bottlenecks
According to Brazil''s Votorantim Financeira bank, upgrading the port of Santos to a position where there are no longer any major bottlenecks would cost in the region of US$1 billion.
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BUENAVENTURA TO INVEST $37.5M
Implementing similar upgrades at all national ports would cost US$20 billion. Work required at Santos includes extending container stacking yards, constructing perimeter roads, recommencing dredging work, expanding the total area of the port and the conclusion of work associated with the Vehicle Export Terminal.The Colombian port of Buenaventura has announced ...
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PUERTO RICANS TO DESIGN LAS AMERICAS PORT
Puerto Rican company Vasquez y Asociados has been awarded the contract to design the initial phase of the island''s Las Americas port project which has been costed at US$700m.
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NewsBolivia seeks alternative access to sea
Bolivia and Peru have signed an international agreement which should improve access to the Pacific coast of Bolivia and lessen its dependency on the Chilean terminal of Arica which is being privatised. The agreement, which might eventually see Peru ceding a part of its coastline to Bolivia, will also improve ...
