World News – Page 318
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NewsHalf of Santos’ venture sold to APMT
Brasil Terminal Portuario (BTP), a new container terminal being built in Santos, is to be 50% owned and managed by APM Terminals since Terminal Investment Limited has just sold it a half share in the venture.
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Fraud uncovered in Apapa
APM Terminals claims to have uncovered fraud worth $153,000 involving six customs agents working at its Apapa terminal in Nigeria.
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Iskenderum to be privatised
Turkey''s Privatisation Administration has put back the bidding deadline for a 36 year-concession at the Mediterranean port of Iskenderun from August 4 to September 16. Initially, the port was offered to the private sector in 2005, although the tender was cancelled in December 2006 by the Council of State.
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Congestion surcharges applied at Jawaharlal Nehru
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.
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Second Montevideo box terminal getting second look
Authorities in Uruguay are taking a second look at the project to build a second container terminal in the port of Montevideo.
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Financial scandal linked to Port Klang
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.
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Johor/PTP merger off
Plans to rationalise operations at the ports of Tanjung Pelepas and Johor, which are controlled by MMC Corporation, have fallen through.
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Kochi port to sell land to tide it over financial difficulties
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 ...
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NewsPANYNJ city-port developments secured
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.
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NewsHonours for clean air initiatives
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.
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IRSL to operate new Pars port complex
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.
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Russia to up port investment
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.
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New face throws cap into Brisbane bidding ring
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.
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NewsIndian port expansion conference
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.
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NewsRussian box throughput rise
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.
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ESPL grows capacity
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.
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NewsIndian port services “key area” for Eredene
Eredene Capital has bought an 8.22% stake in a leading Indian port services operator for $11.1m.
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ICTSI’s Asian boost
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.
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Kiel throughput up
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.
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NewsEssar to divide
Essar Shipping Ports & Logistics Ltd (ESPLL) is to split itself into two businesses under the ESPLL parent: Essar Ports and separately Essar Shipping.
