World News – Page 313
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Quake halts Southern port merger
Lyttelton Port of Christchurch (LPC) has advised Port Otago it is no longer in a position to continue merger negotiations in light of the 7.1 magnitude earthquake which struck on the morning of September 4.
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Ningbo floatation smaller than planned
Although smaller than originally planned, Ningbo Port Company has raised Yuan7.4bn ($1.1bn) from its Shanghai floatation which was 20% reduced from its original offering of 2.5bn shares.
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Colombo’s deep water
Sri Lanka has awarded a contract for a new deep-water container terminal in Colombo port to a consortium made up of China Merchant Holdings International and conglomerate Aitken Spence.
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New reefer facility for Davao
Handling of the growing fruit trade in the Port of Davao, the main transit point for Philippine bananas, is being assisted by a new reefer facility at the Sasa Wharf operation.
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Computer glitch hits Manila
ICTSI has attributed recent traffic jams at its Manila International Container Terminal to computer glitches, which it characterises as being "minor" and "intermittent" in nature.
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APM takes Monrovia concession
Preferred bidder APM Terminals has won the 25-year concession for the operation of Liberia’s Port of Monrovia and now faces an investment bill of $120m over the term.
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Coquimbo privatisation to go ahead
Chile''s Constitutional Tribunal has overturned an attempt by the port workers at Coquimbo to prevent modernisation of their facility from going ahead.
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Growing differences across the globe
There are qualitative as well as quantitative differences emerging between the more mature and emerging markets, highlighted by more than just growth rates.
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Piracy issues will hit ports
The growth of piracy has put pressure on ports to decide on their attitudes and policy.
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Media war for Marseilles
“The best job in the world” is the title of an advertisement published by the employers at Marseilles Fos-sur-Mer - followed by an offer of a job as a crane driver at the port.
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Too little, too late
Israel’s softly, softly approach to reformation could be its downfall. Mike Mundy reports
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Positive news, but changes ahead
The positive news from Drewry is that 2010 has seen a surprisingly strong improvement by the major container industry stakeholders – but the recovery needs care, attention and above all co-operation to keep going.
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Ports impacted by drought - and locusts
Hit by both pests and drought, a sharp fall in Australian wheat production may well depress throughput in some of the country’s largest grain ports.
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An answer for Venice?
Caught between being part of a difficult economy which needs deep water terminals to keep afloat, and a famously fragile city which is itself in danger of floating, the Port of Venice may have found a solution.
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Adding value at Durban
Durban is home to two of the region’s busiest container terminals – Durban Container Terminal and Pier 1. Transnet is currently re-engineering the port to increase capacity to 2.9m teu.
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Clash of the titans
The economic meltdown has forced South Africa to hold back on the next development phase at the new Port of Ngqura, reports Denis Gathanju
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Odessa’s dream founders on summit
Despite being hit very hard by the slump, the Black Sea region is on its way back – but Odessa’s dream of hub status remains unlikely to be fulfilled.
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Tremendous growth ahead - for some
“The crisis is over” Kim Fejfer of APM Terminals told CNN news, but there’s a sting in the tale of the forecast.
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Iraq’s gateway moves forward
The proper start to commercial operations at Umm Qasr’s Berth 8 marks a small but significant step in the development of Iraq''s infrastructure, with the mobile harbour cranes presently on their way.
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Barranqueras port to re-open
Strategic studies funded by the United Nations suggest that the reactivation of Argentina’s port of Barranqueras is key to improving transport in South America''s central corridor. In the 1920s, the port was second in importance only to Rosario in the Paraná region. However, extensive dredging work will be required before ...