World News – Page 305

  • News

    Congestion surcharges applied at Jawaharlal Nehru

    2010-08-25T10:00:00Z

    Several shipping lines have applied congestion surcharges for containers passing through Jawaharlal Nehru Port, although the Port Trust and container train operators deny accusations of congestion. An additional $60 per teu is now being levied by lines such as Maersk.

  • News

    Second Montevideo box terminal getting second look

    2010-08-25T10:00:00Z

    Authorities in Uruguay are taking a second look at the project to build a second container terminal in the port of Montevideo.

  • News

    Financial scandal linked to Port Klang

    2010-08-24T17:36:00Z

    Ling Liong Sik, a former Malaysian Transport Minister, has been charged as part of $1bn scandal linked to Port Klang Free Zone. Ling’s involvement was in persuading the government to spend an additional $227m on acquiring additional land for the Free Zone development.

  • News

    Johor/PTP merger off

    2010-08-24T17:36:00Z

    Plans to rationalise operations at the ports of Tanjung Pelepas and Johor, which are controlled by MMC Corporation, have fallen through.

  • News

    Kochi port to sell land to tide it over financial difficulties

    2010-08-24T17:36:00Z

    India''s Shipping Ministry has given Kochi Port Trust permission to release some of its land for a period of 60 years to help it during the current financial crisis. In all, 20 acres of waterfront on Bolghatty Island and a further eight acres in Marine Drive have already been offered ...

  • Future port developments around the Bayonne area have been secured
    News

    PANYNJ city-port developments secured

    2010-08-24T17:30:00Z

    The Port Authority of New York and New Jersey has agreed to purchase approximately 130 acres of property at the Marine Ocean Terminal at Bayonne (MOTBY), a significant expansion of port facilities and one that will position the region’s port for future growth.

  • Five local companies have helped the ports of Long Beach and LA to clean up their air
    News

    Honours for clean air initiatives

    2010-08-24T17:30:00Z

    Five local maritime and cargo companies that have taken extraordinary steps to improve air quality collected honours at the third annual Air Quality Awards, presented by the ports of Long Beach and Los Angeles.

  • News

    IRSL to operate new Pars port complex

    2010-08-24T17:26:00Z

    The operation of seven berths at Pars Port Complex in Iran has been transferred to the Islamic Republic of Iran Shipping Lines, which will also have responsibility for future investment.

  • News

    Russia to up port investment

    2010-08-24T17:20:00Z

    The head of the Investment and Development Committee of the Association of Commercial Sea Ports has said that Russia will invest $42m, compared with $50m last year, in improving port infrastructure.

  • News

    New face throws cap into Brisbane bidding ring

    2010-08-24T17:15:00Z

    New Zealand infrastructure investor Infratil has announced it is interested in adding its name to the bidding groups for the 99-year lease over Port of Brisbane being offered by the Queensland government.

  • Indian port infrastructure is being expanded to cope with new demand
    News

    Indian port expansion conference

    2010-08-20T15:29:00Z

    An event is being planned to tackle some of the more specific issues thrown up by Indian port expansion plans. The region’s ports are facing high growth, but Lieve Dries, COO of Noppen, points out efficiency is lacking.

  • FCT’s half year throughput rose by 31.7% compared to 2009’s figures
    News

    Russian box throughput rise

    2010-08-20T15:26:00Z

    The aggregated throughput of the National Container Company terminals in St Petersburg and Novorossiysk (FCT and NUTEP) in the first half of 2010 rose by 32% compared to the first half of 2009.

  • News

    ESPL grows capacity

    2010-08-20T10:31:00Z

    Essar Shipping Ports and Logistics’ revenue increased by 18% quarter on quarter. ESPL’s key highlights for the period include the start of operation of its deep draft all weather port at Hazira.

  • Alastair King: Indian ports and related services “a continuing strong growth story”
    News

    Indian port services “key area” for Eredene

    2010-08-19T12:50:00Z

    Eredene Capital has bought an 8.22% stake in a leading Indian port services operator for $11.1m.

  • News

    ICTSI’s Asian boost

    2010-08-19T12:48:00Z

    International Container Terminal Services (ICTSI) has reported promising initial half-year results boosted by Asian demand. Consolidated volume reached 2m teu in the first half of 2010, 26% higher than the same period in 2009.

  • News

    Kiel throughput up

    2010-08-19T12:44:00Z

    Cargo handling in the Port of Kiel increased by 13.4% in the first half of the year to 2.7m tonnes. Further, utilisation of the Ostuferhafen part of the port has risen to more than 80%, underscoring the need to expand its capacity.

  • Essar's facilities at Hazira port is one of a number of operations that have been ramping up
    News

    Essar to divide

    2010-08-19T12:42:00Z

    Essar Shipping Ports & Logistics Ltd (ESPLL) is to split itself into two businesses under the ESPLL parent: Essar Ports and separately Essar Shipping.

  • Asia to US and Europe trade bounced back as importers began to re-stock
    News

    Containers to have ‘banner year’

    2010-08-19T12:42:00Z

    World containerised trade volumes are forecast to reach nearly 10% growth this year, with a slightly stronger recovery of 10.6% on the main East-West trade lanes, before slowing, according to IHS Global Insight''s World Trade Service.

  • Development at Ust-Luga will now go ahead
    News

    Ust-Luga will no longer languish

    2010-08-19T12:41:00Z

    Development of the Ust-Luga Container Terminal (ULCT) is now again underway after the resolution of recent conflict through one party selling its 50% stake in National Container Company (NCC).

  • Each of Liverpool’s recent upgrades were interdependent which made it a complex project
    News

    One hour turnaround in Liverpool

    2010-08-19T12:41:00Z

    A £1.1m IT system installed at the Port of Liverpool has led to improvements in customer service, with 95% of truck drivers now processed through the port within an hour.