World News – Page 315
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New Kenyan Ports’ boss to target reform
Yet another new managing director -the fourth in ten years- has been appointed at Kenyan Ports Authority, although this time with a remit to introduce reform needed to boost the competitiveness of the port of Mombasa.
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LA truck clean-up programme approved
Los Angeles’ Clean Truck Program has been given the green light by a US District judge, overturning an injunction obtained 16 months ago by the American Trucking Associations (ATA).
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Two international NZ hubs identified
Development of the Port of Tauranga and Lyttelton Port of Christchurch (LPC) as the sole 7000-teu vessel-capable ports in New Zealand could deliver a NZ$338m (US$244m) per year benefit to the country’s economy from 2015-2016.
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Teamwork for Antwerp and Panama
The Panama Canal Authority (ACP) has signed a Memorandum of Understanding with Antwerp Port Authority to “foster commercial activity between the two authorities”. It is hoped that the MoU will increase cooperation - such as joint marketing and coordination on modernisation and expansion projects - and help boost trade. In ...
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Ranking shows Asian ports hold their own
Eight of the world''s top nine ports are, according to the new Top 50 World Container Ports ranking, in Asia, with the Port of Singapore keeping its top spot despite falling volumes during the downturn.
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Shanghai overtakes Singapore
Shanghai is celebrating taking Singapore’s crown as the world’s busiest container port after the last eight month''s figures put it ahead on boxes.
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Australian stevedore’s price hike quashed
The New South Wales government has stopped a stevedoring company raising its charges by 67% after fears that this would bring the Port Botany area to a standstill.
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Brazil needs private sector investment
A Brazilian parliamentary representative has called for greater private sector investment in port infrastructure to support growth in the agricultural sector.
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DP World now third largest operator
DP World is now the world''s third-largest port operator, according to a report from Drewry Shipping Consultants.
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Vietnam ports to move
Government plans to move ports from the inner parts of Vietnam''s Ho Chi Minh City to outlying areas have stalled because of delays in infrastructure construction at the proposed new sites as well as a lack of funds, port management officials have said.
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Manaus concession awaited
Concessions for port operations in Brazil’s Manaus and Aratu ports are to be released by the end of the year, according to port sources.
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APMT lone bidder for Moín
APM Terminals was the only company to bid for the construction and operation concession for the new container terminal at the Costa Rican port of Moín.
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GPA takes green gains to heart
Georgia Port Authority has upped its green credentials with its newest facility, Annex 2.
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Terminal dispute heats up
Ports of Auckland has been named as a defendant in the dispute between Port of Tauranga and NZL Group over the latter’s right to establish a terminal operation at Sulphur Point.
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Aarhus merger streamlines operations
Two neighbours in Denmark''s Port of Aarhus have merged to foster a stronger position in the Danish and Baltic markets.
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Zeebrugge breakbulk terminal launched
International Car Operators (ICO) and Rhenus Holding Belgium have formed a joint venture company, Zeebrugge Breakbulk Terminal (ZBT), to cater for the breakbulk and project market. The terminal will be located at the Port of Zeebrugge’s deep and short-sea quays at its Noordelijk Insteekdok (Northern Inlet Dock).
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Top ports accused of loss-leading
New Zealand Institute of Economic Research (NZIER) senior fellow Brent Layton has challenged the prevalence of local authority ownership in the local port scene and effectively accused two of the country’s leading ports of loss-leading.
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Bonds issue by TPG
Tianjin Port Group is to undertake a short-term issue worth £147m, with a maturity of 365 days and underwritten by China Merchants Bank. Revenue generated is required to replenish working capital and finance ongoing engineering projects.
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Singapore reduces dues concession
The recovery in the global economy and shipping industry has prompted the Port of Singapore to reduce its port dues concession.
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NSW ports' minister announced
New South Wales has a new Minister for Ports and Waterways. Eric Roozendaal has been chosen by Premier Kristina Keneally and will also remain as Treasurer. Mr Roozendaal had six months in the role in 2005/06 and says he is committed to delivering improved ports infrastructure.