World News – Page 278
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Savannah secures additional funding
The Port of Savannah has secured funding of $46.7m to help pay for the Savannah Harbor deepening.
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Transnet unveils $4.3bn investment plan
South African port operator Transnet Port Terminals has committed R33bn ($4.3bn) over the next seven years in port and rail capital projects until 2018/19.
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ICTSI invests in Karachi terminal
Manila-based International Container Terminal Services Inc subsidiary ICTSI Mauritius has acquired a 35% stake in Karachi’s Pakistan International Container Terminal Ltd.
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Panama Canal proposes rate hike
The Panama Canal Authority has released proposals to hike Canal toll charges, increasing the number of vessel types, and breaking the tanker segment down into three segments.
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LA sets out five-year plan
The Port of Los Angeles has adopted a five-year strategic plan through to 2017, focusing on three key areas: competitive operations, strong relationships and financial strength.
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ICTSI to acquire additional concessions
Enrique Razon, chairman and chief executive of ICTSI, has announced that the company is seeking to acquire additional port concessions this year, especially in Africa, the Middle East and Latin America.
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Head of APDL resigns in protest
The president of the Douro and Leixoes Port Authority (APDL), Matos Fernandes, has resigned his post, citing his "deep regret" in respect of "an absence of decision-making from other companies in the industry".
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NewsMSC denies terminal arm listing
MSC has denied any plans to spin off its container terminal division through the issuing of an IPO on the Singapore stock exchange, rebuffing industry rumours surrounding a potential listing,
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NewsCOSCO keen on Croatian terminal investment
Chinese shipping group COSCO has revealed an interested in investing in the Croatian Port of Rijeka - utilising it as China’s link to mainland Europe - and supporting city infrastructure.
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Embracing social responsibility
While public-private partnerships may be the favoured new look for India, the long-hand of government control can still be felt in several areas.
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Thailand powers ahead with port plans
Thailand is moving on with developing its ports and supply chain as it positions itself as the hub of Upper ASEAN, a senior Thai official told Port Strategy.
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NewsCargotec straddles Malaysia
Cargotec has secured a deal to supply four of its Kalmar ESC340W straddle carriers to Malaysian port operator Northport (Malaysia) Bhd.
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Tauranga congestion easing
Ports of Auckland’s return to full operating capacity following the cessation of industrial action has seen a gradual easing of congestion at the Port of Tauranga.
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Northport’s future container role
Speculation Northport is about to fulfill a blossoming role handling spill-over container volumes from Auckland and Tauranga has been calmed by port company business development manager John Lee-Richards.
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Large ships trouble Australian ports
An Australian port economist says the pressures on ports are being significantly increased by the challenges of catering for larger ships.
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Open arms greet private investors
Major ports have undertaken aggressive expansion plans to boost capacity such as dredging and development of new berths using the Public Private Partnership model.
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NewsTowards hub status
South Asia is facing up to the challenge of becoming a serious link in the East-West container trades.
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NewsCanada's CentrePort flying high
The strategically placed CentrePort in Canada has announced the second phase of its Brookside Industrial Park West development has been a sell out in terms of business premises.
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NewsGlobal Ports looking to greenfields
Global Ports Group Investments Plc - a container and oil terminal operator servicing Russia’s cargo flows - plans to expand its portfolio and operations by persuing greenfield projects.
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Dutch propose floating ports
Dutch architect Dutch Docklands have put forward a project to build floating ports and floating roads on platforms that would be anchored in the sea.
