World News – Page 297
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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.
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NewsUpdate: Typhoon stops berthing at Ningbo
A very large typhoon, Typhoon Muifa, has continued to gain strength and is likely to make landfall near Qingdao.
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Kenya asks Maersk to drop surcharges
Kenya Maritime Authority has described attempts by Maersk Line to implement additional charges for the handling of empty containers as unjustified and has asked for the surcharge to be withdrawn.
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Russia box market growth to continue
Russia''s container market could grow by 60% between 2010 and 2013 to 6.9m teu, according to research by Drewry.
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Newark undertakes major container expansion
Ports America subsidiary, Port Newark Container Terminal, is to invest $500m to upgrade its facility at the port of New York-New Jersey through a 100 acre expansion.
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Gunvor pulls out of Murmansk buy out
Major oil trader, Gunvor, has cancelled plans to buy a controlling stake in the JSC Murmansk Commercial Seaport (MCS).
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Nigeria accuses concessionaires of contract violations
Nigeria''s Minister of Transport, Idris Umar, has confirmed that the activities of terminal concessionaires in teh country are to be investigated.
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CMA CGM unsure on Batu Ampar port
CMA CGM is considering whether to go ahead with its $470m transhipment port in Batu Ampar in Batam, Indonesia.
