World News – Page 248
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New legislation threatens Italian port autonomy
New legislation in Italy, it is claimed, threatens to cannibalise the financial autonomy of ports.
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NewsPSA invests in automation
PSA Singapore Terminals (PSA) has made a strategic investment in automation technologies to help maintain its status as one of the world’s largest transhipment hubs.
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Brazil faces investment bottleneck
Brazil''s National Economic and Social Development Bank has suggested that continuing growth in the country is going to lead to an investment bottleneck.
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Vizhinjam tender back on the table
The proposed Vizhinjam port project in India may be put out for re-tender.
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NewsUK invests in strategic rail network
The UK’s Department of Transport has announced the biggest upgrade to the country''s rail network in years - great news for freight and terminal operators.
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Residents throw spanner in Melbourne expansion
The environmental pressures facing ports close to residential areas have surfaced in Melbourne, where residents of the suburb of Williamstown have already raised concerns about the proposed development of the Webb Dock container terminal.
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Kochi to re-tender Willingdon island
Kochi Port Trust has invited bids for the establishment of a port user complex on a 900,000 m² area, which is to be offered as a 30-year concession.
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NewsIllegal DG shipping on the Yangtze
Port Strategy has learned that a shipowner has been remanded in custody for ten days and fined for shipping dangerous goods (DG) cargo having used fake documents on the Yangtze.
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Australian assets offer low returns
A number of major Australian ports have a lower return on assets than counterparts internationally, according to a report by Infrastructure Australia.
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Bulgaria to privatise ports
The Bulgarian government is to privatise its ports, airports and railways as a means of attracting investment of around €500m.
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Consultant slams Australian port productivity
Australian port performance has come under fire from a report by economic researchers Castalia which suggests productivity at Adelaide, Brisbane, Fremantle, Melbourne and Sydney is not keeping pace with wage increases.
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Brazil to modernise infrastructure
The Brazilian federal government is to instigate measures designed to modernise Brazil''s port infrastructure.
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DPW Adelaide sale result of right exercise
DP World says it was forced to sell its Adelaide terminal to Flinders Ports due to the exercise of a right in the agreement held by Flinders.
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Eilat concession decision deferred
Israel Chemicals Ltd has emerged as the sole bidder for the concession to run the Israeli port of Eilat.
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Competition authority probes Valencia
Spain''s National Competition Commission says it is to continue investigating a complaint against the logistics community in the port of Valencia.
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Yemen to end DP World's Aden tenure
Yemen''s Anti-Corruption Commission has asked the country''s parliament to cancel the contract that allows DP World to operate Aden container terminal.
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Enapu on verge of bankruptcy
Peru''s Transport and Communications Minister, Carlos Paredes, has conceded that the National Ports Company, Enapu, is skirting bankruptcy.
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WA mulls second box port
Western Australia’s state government is to consider options for a second container port 10km south of Fremantle to cope with predicted steep annual growth rates in cargo volumes.
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Asciano questions multiple operators
The head of Australian stevedore Asciano has questioned whether having three competitive stevedores in the Australian waterfront industry is viable in the long-term.
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NewsPTP invest in new equipment
The Port of Tanjung Pelepas (PTP) is investing RM1.4bn (US$313.5m) in new cranes, electrifying existing RTGs and building two new berths to keep up with the ever-growing shipping industry.
