World News – Page 296
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NewsBoxed in by trade growth
Booming intra-Asia box movements have increased the clamour for more port investment in South East Asia. Michael King investigates
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NCC dry port to simplify logistics
In April 2011 Russia’s National Container Company (NCC) started to use the recently approved dry port technology at Logistika-Terminal (LT).
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NewsSheerness turbine deal could overhaul port
The Port of Sheerness has signed an option agreement with Vestas which would see 70 hectares of port land handed over for a wind turbine manufacturing and installation facility.
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NewsDP World share consolidation gets green light
DP World shareholders have approved a 1 for 20 share consolidation to “better reflect the value of the company”.
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NewsIndustrial unrest rocks Australian ports
Australia’s deteriorating industrial situation in the port sector is worrying the country’s shipping bosses.
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World Bank part funds Santos expansion
A subsidiary of the International Finance Corporation is to provide a long-term loan of $97m to finance expansion of container handling facilities at the port of Santos, in a project that will cost a total of $907m.
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Chilean ports invest for the future
An estimated annual growth rate of 8% has prompted Chilean ports to announce a series of investments to cater for demand.
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Metals and marketing MOU
Abu Dhabi Ports Company has signed a memoriam of understanding with JadeWaserPort Logistics Zone that will boost co-operation in the aluminium, engineered metals, steel, chemical, petrochemical and pharmaceutical industries, as well as related education, marketing and distribution activities.
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NewsLibyan government claims victory over Misurata
Libya’s heavily contested port of Misurata has fallen to regime of Colonel Muammar Gaddafi, according to unconfirmed reports from the country’s Foreign Ministry.
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NewsFos stevedores transfer to private companies
National agreements on French port reforms will come into force at Marseilles-Fos from May, with the transfer of some 400 port authority personnel to private or part-private stevedoring companies.
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Investment grows for Middle East Gulf ports
Nearly all of the 35 ports in the Middle East Gulf region are currently undergoing expansion, with $46.5bn already committed. This follows $38.2bn invested up to 2008 and $38.5bn alone in 2009.
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Abandoned port calls double in Brazil
Excessive waiting times at Brazil''s 17 leading ports resulted in 850 cancellations of shipping line calls in 2010, compared with just 457 cancellations the previous year.
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Coronel dry bulk volume up
The amount of dry bulk handled by the Chilean port of Coronel over a 12 month period beginning in February 2010 grew by 265%.
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Durban eyes $14.5bn expansion
Mafika Mkwanazi, chairman of Transnet, has revealed that the organisation is considering building a new $14.5bn port in Durban.
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Tacna draws in speculators
Approximately 19 companies from different parts of the world have indicated an interest in building a new port in Peru on the coast at Tacna. The cost of the project has been estimated at $180m, although yet to be decided is how this will be raised. Both public financing or ...
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NewsWater for dusty Saldanha
A new source of water that will help control iron ore dust at the Saldanha bulk terminal is nearing completion.
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New box terminal call for JNPT
The Confederation of Indian Industry (CII) has called for the development of a new 200,000 teu container terminal at JNPT to ease congestion. It would also like to see new warehousing zones, the creation of integrated logistics parks and simplified customs procedures to ensure the smooth transit of containers.
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Valparaiso T2 concession set for June
The concession for the new Terminal 2 container handling facility at the Chilean port of Valparaiso is expected to be made in June, with bids to be received no later than April 29.
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Antwerp and Vitória to collaborate
The Port of Antwerp International (PAI) is to collaborate in the growth of a new deep sea facility in Espírito Santo.
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NewsPoti’s potential leveraged by APM
Poti is to benefit from a promised $100m of investment after Ras Al Khaimah Investment Authority (Rakia) sold an 80% stake in the port to APM Terminals.
