World News – Page 297
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NewsLos Angeles on hunt for global marketeers
Los Angeles’ port is to boost its global standing through a chain of worldwide satellite marketing offices.
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Vietnam's Cam Ranh gets new lease of commercial life
Vietnam’s Defence Minister General Phung Quang Thanh has said that Cam Ranh Port, a major war era facility, will not become a foreign military base but will instead be adapted to serve cargo ships.
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NewsSihanoukville left out in the cold
In a surprising move, government officials in Cambodia have not named the country’s major hub in its role call of national assets likely to list.
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NewsJebel Ali maintains position despite downturn
Once clearly streets ahead as a regional port, Jebel Ali took a hit in the economic downturn, with decline in origin and destination cargo being more pronounced in Dubai than in other Emirates ports.
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NewsTranshipment deals for Salalah
The Port of Salalah has, alongside its general cargo offering, attracted a degree of transhipment so it is now in the process of adding to its feeder network in order to support lines without their own service.
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NewsIndia needs to prepare for recovery
Is India ready to handle a rebound in the container trade? This is the question posed by Captain Sandeep Mehta, chief executive of Mundra Port.
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NewsTrust plan is “undeliverable” says Dover
Dover Harbour Board has branded the proposal to keep the port of Dover in local hands through ownership by a “people’s trust” as “totally unrealistic and undeliverable”.
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NewsLeadership race
Alex Hughes asks which port will be ‘just right’ to play the part of Middle East superport
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High school education on ports
The Port of Los Angeles is to sponsor maritime-related educational programs in Southern California high schools to promote international trade and career opportunities.
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Colombia needs more ports
The president of the Colombian National Companies Association says that the country needs more ports on both its Atlantic and Pacific coasts to deal with expected growth projections.
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India invests in ports
India is to invest $20.8bn on 276 port projects at 13 major harbours across the country. Of these, 22 projects are already at the tender stage and most will be implemented as public-private partnership agreements.
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Karachi investment
The World Bank has endorsed $115.8 million for the Karachi Port Improvement Project.
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NewsPeople's port bid launched for Dover
Residents on the UK’s south coast have come together to submit a £200m buy-out bid for the Port of Dover.
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Disinterest in Indonesian projects
Only one of 12 ports offered by Indonesia''s National Development Planning Agency (Bappenas) has received interest from potential investors as part of potential public-private partnerships.
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Tianjin in major expansion project
The north-eastern Chinese port of Tianjin is planning a $1.95bn expansion. This will also involve the creation of an extensive logistics network, connecting it to 16 inland ports. For this year, the forecast is for the port, the third-largest in China, to handle 400m tonnes.
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SAL supports Melbourne development
Shipping Australia (SAL), the industry body representing shipowners, operators and agents, has backed the early development of Webb Dock container terminal as essential for Melbourne to retain premier port status.
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Transnet mulls bond issue
South Africa’s Transnet is said to be mulling a $1bn bond issue in international markets to help fund its capital expansion programme, according to local press. Reportedly, bonds off its global medium-term note programme are being considered and that the issue date will depend on market conditions.
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APS wins Apapa favour
Automation specialist APS Technology Group is to supply its Automated Gate System at APM Terminal’s Apapa, Nigeria hub to “streamline entry and exit of traffic over 18 lanes”. APM is investing in the Apapa terminal, the largest box terminal in West Africa, to support further growth.
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Brazil’s 5,000 unwanted boxes
The number of containers either seized by the federal authorities or not picked up by importers has resulted in 5,000 unwanted boxes being abandoned at Brazilian ports, challenging the ability of the ports to continue to store them on dock.
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Reclamation bill pleases ports
Legislation to return New Zealand ports to their pre-2004 status - when they were granted a fee simple title on land created as a result of reclamation - has been applauded by the country’s 15-member port company chief executive group.
