World News – Page 273
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Wanganui port bids shortlisted
Wanganui District Council has conducted interviews with the shortlisted four of eight applicants interested in operating its Wanganui port. The applicants are to now report back on a business planning exercise aimed at identifying the potential and cost of restoring a commercial port operation.
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Spanish box traffic up 7.3% for half year
Spain''s National Ports Authority has confirmed that in the first six months of this year container traffic grew by 7.3% to more than 6.5m teu.
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Bahia ports to get PAC2 investment
The ports of Salvador, Aratu and Ilhéus in the Brazilian state of Bahia have secured investment of $300m as part of the national Accelerated Investment Programme 2 (PAC2).
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Belfi eyes Chilean port investment
The Chilean construction company Belfi, whose annual turnover is $400m, is to compete for port tenders, reports managing director Andrés Elgueta. Currently under analysis is participation in the privatisation of both Talcahuano and Coquimbo.
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Cavotec pairs listing with capital boost
New Zealand Stock Exchange-listed Cavotec MSL aims to raise significant capital in tandem with its October transfer to the NASDAQ OMX Stockholm Exchange.
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NewsStrikes cripple US west coast ports
The detention of International Longshore and Warehouse Union president Bob McEllrath yesterday while attending a port protest in Washington sparked wildcat strikes across US West Coast ports today.
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NewsIraqis to mount regular Mubarak protests
A group of Iraqis are to hold weekly demonstrations on the border with Kuwait in protest against the construction of the Mubarak port on Boubyan island. The security services will be deployed to contain any subsequent disturbances from the protests.
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NewsNSW dangles Botany terminal lease carrot
The New South Wales Government is considering refinancing state-owned assets at Port Botany by offering private investors a 99-year lease on Sydney’s box port. The government has announced a “scoping study” to investigate the lease proposal.
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Record Southern grain exports
Grain exports shipped through South Australian ports have attained record levels, according to agribusiness Viterra. A total of nearly seven million tonnes of grain has been exported from the state by 14 exporters since October last year.
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AAPA pleads for continued investment
The American Association of Port Authorities (AAPA) has sent a letter to the Joint Selection Committee on Deficit Reduction asking it to take into account the benefits derived from port activities prior to any cutting of financial resources to the ports.
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ICTSI's Portek share bought out by Mitsui
ICTSI has received $30m for its 16.9% stake in Portek International from new majority owner Mitsui & Co (97.04%).
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Coquimbo privatisation attracts bids
A total of six sets of tender documents relating to the privatisation of the Chilean port of Coquimbo have already been sold, although it is expected that this number will double.
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NewsCargotec-Sweframe court stories differ
SweFrame claims their court battle over intellectual property with Cargotec seems to have turned in their favour, at least at present – but Cargotec’s version is different.
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Brazil squanders port investment
A survey of port investment in Brazil over the past decade by consultants Amaral & Associates has shown that investment of only $728m out of a promised total of $263bn was actually spent. This amounts to just 37% of the stated investment.
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Manaus concession put back to 2012
The tender for second port concession at the city of Manaus in the Brazilian state of Amazonas will not now be issued until 2012. Originally, the tender was slated for 2010, but was later put back until the second half of 2011, although has now been delayed until early next ...
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APMT profit increases
In the first two quarters of this year, APM Terminals generated revenue of more than $2bn, up 6%. Profits amounted to $304m. Three new port operations commenced: at Cai Mep in Vietnam, at Monrovia in Liberia and at Poti in Georgia.
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Five pre-qualify for Kalibaru
Five bidders have prequalified for the concession to build and operate Kalibaru Terminal at the Indonesian port of Tanjung Priok in a contract that will eventually be worth $1.37bn.
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New tender for Valparaiso
A new tender for the proposed Terminal 2 at the Chilean Port of Valparaiso is to be issued in the first half of 2012.
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US Northwest ports lose out to Canada
Ports in the US Pacific North West say that the mandatory Harbour Maintenance Tax that they have to pay for dredging is forcing grain shipments towards cheaper ports in Canada.
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First strikes at Tanger-Med
Dockworkers at the Eurogate terminal in the Moroccan port of Tanger-Med have gone on a six-day strike demanding similar pay and conditions to stevedores in the adjacent APM Terminals facility.
