World News – Page 307
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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.
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NewsControversy hits Callao concession
Despite an initial judgement to allow DP World to bid for Callao’s Muelle Norte terminal, the claim that this would result in a net loss for the country has reached Peru’s Superior Court.
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NewsUS budget cuts run counter to depth
Georgia Ports Authority''s request for $105m from America’s 2012 fiscal budget for deepening works at Savannah has been refused.
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DP World volumes up
DP World announced it handled 49.6m teu across its 50 terminals in 2010, an increase of 14% against the prior year.
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DP World – a model worth studying
American business students would learn a great deal from DP World’s business model: that’s the conclusion from a group of academics from some of America’s leading universities who visited the company’s HQ and facilities at Jebel Ali.
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Sinotrans to partner Nanjing port authority
Nanjing port authority has signed a contract with Sinotrans to undertake a $155m restructuring of the river port. Sinotrans will take a 45% stake in the new Nanjing Port Group; it already has a 10% stake in the new container terminal.
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NewsICTSI makes ‘best-managed’ list
International Container Terminal Services, Inc (ICTSI) was recently included in Euromoney’s Best-Managed Companies in Asia for 2011.
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NewsUK port snags wind farm manufacturer
Great Yarmouth port has been successful in snaring a proportion of the UK''s alternative energy market with the announcement that a wind farm foundation manufacturer is to set up shop at the port’s new, deep water outer harbour.
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NewsEquity acquisition funds TCP
A private equity firm is to acquire half of the shares of Brazil''s third-largest container terminal.
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Kiel’s “best ever”
Kiel handled 5.8 million tons of cargo last year, the best result ever recorded by the port. This was an 19,3 % increase over the previous year and considerably more than even the 5.3 million tons handled in 2007, the year before the economic crisis. Managing director Dr Dirk Claus ...
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Private sector key to Indian development
The Indian government believes that the private sector will handle half of the nation’s cargo by 2015.
