World News – Page 328
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Resolution in sight for Salvador box terminal
The new president of the Bahia Dock Company (Codeba) says that he hopes to resolve the impasse involving the expansion of the container terminal at the Brazilian port of Salvador at the end of the current year.
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NewsPower play
With boxes out of favour, Eastern European ports are having to look elsewhere for business. Stevie Knight reports
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News'Partnerships and innovation' brings success
Its down to partnerships and innovation, claims the New Zealand''s Lyttelton Port of Christchurch, which has delivered a strong performance for the 2008/2009 financial year. Normalised profits for the year came to $10.6m (US$7.7m), up 2.9% on last year''s figure of $10.3m.
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Diverse New Zealand financials released
An unchanged underlying profit before tax of NZ$11.4m (US$8.5m) and comparable 4% increase in revenue to NZ$55.1m (US$41.2m) for the 2008-2009 financial year was recorded by CentrePort Wellington.
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NewsWin for ports - but what about the changes?
Following a victory for UK ports in the House of Lords to remove unfair, backdated rates, the Humber and Mersey Docks Rating Group has called on the Government to remove any uncertainty about the imposition of retrospective business taxes.
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NewsLack of communication compounds Paita problems
Problems surrounding the startup of the Peru''s Paita port concession stem from a lack of communication, the foreign trade and tourism (Mincetur) minister Martí n Pé rez has said.
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Yibin to get box terminal
Shanghai International Port Group has entered into an agreement with the municipality of Yibin to build and manage a new container port. Yibin, which is located at the confluence of the Yangtze, Minjuan and Jinshajiang rivers, will have a capacity to handle 4m teu by 2030 as a result of ...
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Punta Colonet
Mexico''s transport and communications ministry has revised bidding rules for the Punta Colonet port project in Baja California state.
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Second Tuticorin box terminal tender
Following a delay of four years, a tender encompassing construction of a second container terminal at the south Indian port of Tuticorin is finally to go ahead. The original tender resulted in legal action by PSA-Sical, which had been excluded from bidding. The new terminal has an estimated cost of ...
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Israel to privatise Ashdod and Haifa
The Israeli government is to go ahead with the privatisation of the Ashdod and Haifa port companies.
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Asciano in stable position
Australian port investor Asciano has reported success with its capital-raising programme but remains cautious on the prospects of full economic recovery.
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Indonesia to limit port concessions to 30 years
In draft legislation, the Indonesian government is planning to limit all port concessions to no more than 30 years.
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Hutchison to issue bonds
Hutchison Whampoa Limited, the parent company of Hutchison Port Holdings, has begun marketing the sale of $3bn in bonds.
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TICTS loses exclusivity
Tanzania International Container Terminal Services has lost its right to exclusively handle containers in the port of Dar es Salaam for 25 years.
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MOL renews LA lease
Mitsui OSK Lines subsidiary TraPac has renewed its long-term lease contract for a container terminal at the Port of Los Angeles.
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Drastic measures for Greymouth
An asset-sale, reduction to skeleton three-person staff and returning of governance to the Grey District Council are among measures being pursued for the debt-ridden Port of Greymouth.
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NewsBilbao stevedores go on short time working
Bilboestiba APIE, the main stevedoring group at the port of Bilbao, has withdrawn an earlier redundancy plan after consultations with workers.
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Brazilian port contracts under scrutiny
Brazil''s Commission on Financial Oversight is to investigate contracts awarded for work worth $285m at 16 of Brazil''s ports. These involve dredging and infrastructure, as well as upgrades to existing installations.
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Primeport advocacy formed
Representatives of workers, business and local Government have established a "Timaru Port Network" to advocate for the port and user''s interests, following Fonterra switching the majority of its local Clandeboye dairy exports to rival Lyttelton Port of Christchurch.
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Injury time down for APM
APM has revealed positive results from its drive for a ''safety culture'', reporting a decline in Lost Time Injury Frequency (LTIF) to rate of 4.8 from 7.7 a year ago.
