World News – Page 286
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NewsChinese box game for Sri Lanka
The Chinese presence in Sri Lanka has grown further with a US$500m deal to create the largest box facility yet. But it might not wear the crown for long.
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Kuwait ploughs ahead with Mubarak build
The Iraqi prime minister has indicated that Kuwait is showing "more flexibility" in respect of its proposed Mubarak Port development, despite Iraqi concerns that the port will steal business and restrict shipping.
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Cadiz issues box build tender
Cadiz port authority has issued a tender for a company to oversee work linked to the construction of its new container terminal.
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Bilbao issues terminal tenders
Bilbao port authority has issued tenders for two new bulk solid terminals and a third for general cargo. The former will occupy the AZ1 and AZ2 quays, while the general cargo terminal is destined for Bizkaia quay.
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Gopalpur phase II development
The Orissa government is upgrading the port of Gopalpur and has announced a second phase of development work, which should be completed by March 2013. Investment of $791m will be required to allow the port to eventually handle 54m tonnes of cargo.
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Afghan trade costs Pakistan $579m
Pakistan believes that it has lost up to $579m in unpaid duties, tax evasion and pilferage by handling Afghan transit goods.
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Jakarta port expansion price rise
A $1.29bn expansion scheme in Jakarta has attracted interest from APM Terminals, despite a rise in project costs from earlier estimates of $1.03bn.
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ICTSI withdraws Portek offer
Global terminal operator ICTSI is to withdraw its offer to acquire Portek International.
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NewsCartagena bucks the recession
Unlike Coronel, Angamos or TCBuen, the box handling terminals at the Port of Cartagena - Colombia''s leading Caribbean container handling port – are long established operations.
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NewsA private party
The private sector has propped up South American ports with great success, as Alex Hughes explains
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NewsCoquimbo privatisation out of favour
A $40m tender has been issued for the privatisation of the Chilean port of Coquimbo, but the process has already drawn criticism from port workers who complain that the government has reneged on earlier promises to include them in the process.
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NewsNew entrants shake up box operator ranking
SIPG, China Merchants, Modern Terminals and Ports America have forged their way into the Top 10 league table of this year’s Global Container Terminal Operators annual report, joining the ranks of PSA, HPH, APM Terminals, DP World, and Cosco.
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India prioritises port projects
India''s Shipping Ministry has earmarked $3.8bn for 24 port upgrade projects this year, compared with the $903m spent on 12 projects last year.
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World Cup spurs Brazilian port investment
Brazilian ports are to receive $449m for upgrades in time for the Fifa World Cup, a modest sum in comparison to investment being made in national airports.
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Four new ports earmarked for Brazil
Brazil is planning to build four new ports at Manaus, at Sul in Bahia state, in Espírito Santo state - where a deepwater port is planned - and a new multipurpose terminal at Vila do Conde in Pará state.
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Qatar bankrolls two Egyptian ports
The governments of Qatar and Egypt have signed an agreement that will result in the construction of two new ports on the Mediterranean coast at Port Said and Alexandria.
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DP World goes into Suriname
DP World has expanded its portfolio to Suriname on the northeast coast of South America, acquiring a controlling interest in both Integra Port Services (IPS) and Suriname Port Services (SPS).
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NewsCarolina’s hub campaign faces frustration
The campaign to start up a deepwater container port in North Carolina has been facing increasingly muddied waters, including a new move to relocate the proposed International Terminal.
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News‘Stolen’ spreader design claims disputed
Following Cargotec’s filing of a lawsuit against its recently formed competitor, SweFrame has rebutted allegations that its Y40-E and Y45-E spreaders were based on stolen Bromma information.
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NewsVirginia sees the sharp end of business
It looks as if there may be some uncomfortable times ahead for the staff of the Virginia Port Authority, as the new Board has been directed to “challenge everything” in the port.
