World News – Page 277
-
News
East Java’s four port plan
East Java is to build four new ports by 2013 at Lamongan, Gresik, Probolinggo and Banyuwangi.
-
News
Myanmar ignores environmental concerns
A new port complex is being built at the town of Dawei in Myanmar under a 10-year project costing $8bn being developed by Thai interests.
-
News
Indonesia postpones bond issue
Indonesian state-owned port operator Pelindo II has postponed a projected bond issue worth between $117m and $234m, citing a lack of major funding needs at the present time.
-
News
Peru confirms DPW Callao lawsuit
The Peruvian Ministry of Transport and Communications has confirmed that DP World is taking legal action for alleged unfair competition linked to the North Terminal concession at its port of Callao.
-
News
Canal port for the Netherlands
A container terminal is to be built at the Medel Business Park in Tiel.
-
News
Mombasa privatisation hurdle overcome
An application by the Mombasa Republican Council to stop Kenya Ports Authority going ahead with the privatisation of the port has failed.
-
News
PSA reveals Teh replacement
PSA is understood to have appointed a new group chief executive to follow in the footsteps of Eddie Teh, who is due to retire at the end of August.
-
NewsIndia sets sights on global port domination
India is to set up a state-owned company capitalised at $557m specifically to invest in overseas port and terminal projects. The company will mirror PSA and DP World in scope and be known as Indian Ports’ Global.
-
NewsGreece floats Piraeus sell-off plan
The Greek government has put forward a plan to privatise part of the port authorities of Piraeus and Thessalonica - a move hotly contested by local organised labour unions.
-
News
Strikes cripple Pecém
Recent strikes at the port of Pecém resulted in losses of up to $160,000 for every 12 hours of working day lost, according to port authority CearáPortos. It also calculates that docked vessels were accumulating losses of $32,000 every day they stood idle.
-
News
Santos remodelling under discussion
Santos port authority, Codesp, and representatives from the governing body of Brazilian ports, Antaq, recently came together as part of a working group to look into ways of re-modelling Santos to enable it to handle more cabotage containers.
-
News
Strikes disrupt Chilean ports
Month long strikes by dockworkers at the Chilean ports of Lirquén and Iquique have cost millions in lost cargo handling revenue.
-
News
No second Montevideo box terminal
The government of Uruguay has decided not to go ahead with a second container terminal at the port of Montevideo. The tender for the facility was cancelled a year ago and in its place, a new port at Puntas de Sayago, to the east of Montevideo, is being considered for ...
-
News
Venezuela hikes port charges
Ports in Venezuela introduced a series of new port taxes in June, some with a 300% hike.
-
News
Multi-purpose terminal for Mazatlán
The Mexican port of Mazatlán has issued a tender for a multipurpose terminal as a means of boosting throughput at the port, which fell by 6.2% in the first four months of this year.
-
News
Karaikal heads for second round funding
Karaikal Port Pvt Ltd is to undertake a second round of private equity funding to raise $50m, with Ascent Capital Advisors India already undertaking due diligence.
-
News
Tauranga merger talk dampened
Port of Tauranga chief executive Mark Cairns has advised his company has had no recent approach from Ports of Auckland or its shareholder, the Auckland Council, on the possibility of merging.
-
News
Adani challenges JNPT bid ban
Adani Enterprises, which has been forbidden to bid for the fourth container terminal at JNPT, has sought to overturn the ruling in the courts.
-
News
Vilagarcía container terminal subsiding
Vilagarcía Port Authority in north-western Spain has declined to comment on the subsidence of part of its container terminal.
-
News
Indian ports to issue bonds
Cochin, Kolkata, Ennore and JNPT are seeking permission from the government to raise funds using tax-free bonds.
