World News – Page 321
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Pearl River push
The busy west bank of the Pearl River is to grow a few more facilities to keep pace with the effects of the Chinese government''s stimulus package.
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Melbourne channel regime rejected
The suggestion that the shared shipping channels for the port of Melbourne should be subject to a formal access regime has been rejected by the Victorian Government.
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India has 17 major port projects
As part of India''s National Maritime Development Programme, 17 major port development projects are to be awarded to private sector investors. These will add 183.5m tonnes of additional capacity. In total, capacity at major ports is to be boosted by 410m tonnes per annum, requiring investment of $13.6bn.
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NewsPhnom Penh Port figures
Phnom Penh Autonomous Port will maintain a recovery into 2010 with projected 26% revenue growth, the facility''s director general, Hei Bevy has said as the inland port continues to benefit from connections to Cai Mep deepwater port in Southern Vietnam.
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Bledisloe boycott averted
Containers are continuing to be received and delivered at Bledisloe Terminal following the agreement of a revised set of operational conditions between Ports of Auckland and the National Road Carriers (NRC) association.
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LA studies hydrogen trucks
The west coast''s Port of Los Angeles has partnered with hybrid truck manufacturer Vision Industries to evaluate hydrogen fuel cell hybrid-electric trucks at its terminals.
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Liscont owner could seek compensation
The chairman of Portuguese construction and services group Mota-Engil has said that if the government approves the repeal of the law granting it a 27-year concession to operate the Liscont container terminal at Alcantara Dock, it will be forced to defend itself and seek compensation. A law was approved in ...
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Iranian investors eye Iraqi ports
A group of Iranian investors has met officials of the Iraqi Ports Company with a view to making some limited investments in the Basra area.
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Leixões aims to be more financially competitive
The Leixõ es and Douro Port Authority has dropped rents in 2010 by 0.4% as a means of boosting the overall competitiveness of its concessionaires. In addition, other port tariffs have not gone up, while discounts have been offered when handling certain types of cargo, such as agribulk and export ...
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Second box terminal for Montevideo
A tender covering the concession of a second container terminal at the port of Montevideo will be issued on March 17, 2010. It will specify a minimum of four cranes, which will deployed in a 600 metre quay length dredged to a depth of 14.5 metres and occupy an area ...
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Shanghai to have free port
The city of Shanghai aims to build an international freeport by 2020. It will be centred on the Yangshan bonded port and form part of China''s 12th five-year plan (2011-2016).
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Azerbaijan to build new port
Azerbaijan''s Transport Ministry has received some technical feedback for the construction of a proposed seaport at Alat, which is located to the south of the capital city.
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ACS sells overseas stakes to local partners
Spain''s construction and services group, ACS, has created a series of local agreements for the disposal of the overseas ports assets held by subsidiary Dragados-SPL. In each case, shares in existing joint ventures are being sold to local partners.
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NewsOnwards and upwards for Brazil
The fortunes of Brazilian ports are rising. Firstly the Special Secretariat for Ports has earmarked an investment of $1.8bn from the federal government''s Growth Acceleration Program (PAC) specifically aimed at infrastructure work.
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NewsSPCT's plans go large
Saigon Premier Container Terminal (SPCT) has officially opened its gates after three years of construction. Located near Ho Chi Minh, Vietnam, it is part of the area''s push outwards away from the congested inner city, where a number of smaller port operations are closing.
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NewsDover seeks sale
The port of Dover, presently one of the UK''s Trust ports, is planning to sell itself off in order to fund its expansion projects.
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NewsInvestment down at Brazilian ports
Port authorities in Brazil had invested about 20% of their forecast budgets by the end of October, according to statistics released by the Ministry of Planning.
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Asciano manages debt repayments
Ports owner Asciano - parent of Patrick stevedores in Australia - has brokered an arrangement with its banks and now has no further debt repayments due for over two years. The agreement involves a revolving credit facility and a working capital facility plus a term loan.
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Botany working group aids turnaround times
The inception of the Patrick Port Botany working group has seen the terminal exceed several key operating measures consistently over a four-week period, according to Patrick parent Asciano.
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NewsItalians to introduce port labour reforms
The Italian government is planning to introduce reforms to existing waterfront labour legislation, a move strongly opposed by port unions.
