World News – Page 300
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Maritima Valenciana working practices examined
JP Morgan, the new owner of Dragados-SPL, has brought in an external consultant to look at the operational procedures of its Valencia terminal, Maritima Valenciana, to see whether these can be improved. Main client, MSC, has long been applying pressure on the terminals management to reduce costs and boost productivity ...
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Essar demerging ports business
India''s Essar Shipping, Ports and Logistics Ltd is de-merging its ports and shipping businesses, creating two independent companies. However, over the next three years, it intends to invest $730m to double its cargo capacity.
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DP World rejects debt crisis
DP World has denied that it is in talks to restructure the company and seek new terms for its debt. Rumours arose following its decision to sell off its equity stake in Australian ports. However, the company says this was simply to allow it to concentrate on faster growing markets.
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APMT to stump up $992m for Limon
Paul Gallie, APM Terminals'' director of Central and South American investments has costed the proposed new container terminal in Costa Rica''s Limón province at around $992m. The reference price in the tender was $950m, but only APM Terminals bid for the project.
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Indian ports to have freedom to set tariffs
India''s Shipping Ministry believes that major ports should be able to implement market pricing, instead of leaving this to the port regulator, the Tariff Authority of Major Ports (Tamp).
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NZ urged to follow Australia master plan lead
Transport Minister Steven Joyce is being implored to take heed of the inaugural Australian Ports Master Plan by both the New Zealand Shippers'' Council and coastal operator Pacifica Shipping.
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NewsEnnore to go public
Ennore Port Ltd (EPL) has gained approval from its board for a public floatation, seeking funds of approximately $110m in return for 10% of its equity.
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Suape’s triple tender whammy
The North Eastern Brazilian port of Suape has issued tenders for three new terminals. Currently, Suape has five operational quays, with four more under construction. In all, investment will amount to $1.55bn over the next four years.
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GT closes for want of traffic
For the first time since it opened in September 1995, the Italian transhipment hub of Gioia Tauro was forced to close for 30 hours in January because of lack of traffic.
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Historic year for Uruguayan port traffic
Alberto Diaz, president of the National Ports Authority of Uruguay, has forecast that 2011 will be a record year for container throughput, beating the previous historic high registered in 2008. Last year, throughput rose 12%, with the last quarter setting new records.
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NewsEgyptian terminals dealing with backlog
Against an unpredictable political situation, Egyptian ports and terminals were still on their feet and working to clear congestion in February – although this could change with little notice.
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DP World quits Mina Zayed
DP World has ceded management of Mina Zayed to Abu Dhabi Terminals. It had previously enjoyed a five-new management contract at the site. ADT is a joint-venture between Abu Dhabi Ports Company (75%) and Mubadala Infrastructure Partners (25%). However, DP World will continue in the joint-venture it currently enjoys at ...
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APMT accused of anti-union practices
The International Transport Workers'' Federation (ITF) has accused APM Terminals'' Tanger-Med operation of adopting anti-trade union practices.
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Mumbai transhipment goal realistic
The prospect of Mumbai emerging as a transhipment hub in the near future has been held out by top port consultant, Sanjay Mehta, chief executive of Maia Intelligence.
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Eleven in the 10m teu club
In 2010, 11 ports registered traffic in excess of 10m teu. These were Shanghai, 29m teu (up 16%); Singapore, 28.4m teu (up 10%); Hong Kong, 23.3m teu (up 12%); Shenzhen, 22.5m teu (up 23%); Busan, 14.1m teu (up 19%); Ningbo, 13.1m teu (up 25%); Guangzhou, 1.5m teu (up 12%); Qingdao, ...
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APMT to build Monfalcone terminal
APM Terminals is working with the Unicredit Group to fund a new container terminal it intends to build at the northern Italian port of Monfalcone, viewed as a complimentary development of that already in place at Vado Ligure. It should enter service by 2015.
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Forth adds to its carbon credentials
Forth Ports PLC has added the Carbon Trust Standard to its environmental credentials after significantly reducing carbon emissions across the Group by over 4%.
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NewsCyclone damage kept to a minmum
Queensland''s ports have survived an onslaught from Cyclone Yasi, one of the most destructive cyclones to hit Australia in decades.
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RENFE trails 730-metre block trains
The freight division of Spanish National Railways (RENFE) has begun trials with 730-metre block trains between Valencia and the inland container terminal at Coslada near Madrid. Initial services were composed of 50 container flats conveying combined load of 101 teu.
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News‘Dirty bomb’ fears in Genoa
The dilemma of a container at Genoa found to be containing radioactive material is a ‘security and ecological disaster’, according to container scanning expert Joe Alioto.
