World News – Page 332
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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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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.
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NewsAPM's Kaohsiung operation goes to Hanjin
APM Terminals and Hanjin Pacific have reached an agreement on the future of Kaohsiung Terminal.
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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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Rio to expand three terminals
Requests have been made to expand three terminals at the Port of Rio de Janeiro in projects worth $327m. These encompass activities at MultiRio, Multicar and Libra Terminais'' Terminal I.
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Haifa hangs on SPARCS
Israel''s largest container handling port, Haifa is to replace its existing terminal operating system the Navis Sparcs N4 operating system. The system promises improved customer support, increased stacking yard capacity and greater control over resources.
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Privatisation opposition promised
Maritime Union of New Zealand Auckland branch local secretary Russell Mayn has promised the Government any attempt to privatise Ports of Auckland will be met with "massive opposition".
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New box terminal for Santos
Localfrio has requested that Santos Port Authority issues a tender for the construction of a container terminal, to be known as Prainha, in the Guarujá area on the port''s left bank. It will occupy an area of 200,000 sq m and have 550 metres of quay. Annual capacity will be ...
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New Vietnamese box port
Construction has begun on a $3.6bn international container port in Vietnam''s central Khanh Hoa province. Completion is slated for 2020, when the facility will be able to handle up to 200m tonnes of cargo annually.
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February launch for San Antonio privatisations
The president of San Antonio Port Authority (Epsa), Patricio Arrau, says that concession documents will be made available in February for privatisation of certain areas of the port.
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NewsNo bail out for DP World
The government of Abu Dhabi has given neighbouring Dubai a loan of $10bn, part of which will go towards covering financial obligations currently faced by Dubai World.
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Cork down by 18%
The Port of Cork Company experienced a challenging year in 2009 with all areas of port business exposed to the current economic slowdown.
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Antwerp stays positive despite drop
After seven record years in a row the port of Antwerp experienced a 17% drop in freight volumes last year due to the economic recession, handling 157.8m tonnes of freight.
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Russia to privatise four ports
The Russian government has published a list of companies which it believes would be more efficiently run were they to be transferred to the private sector.
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Peruvian cargo switches to Chilean ports
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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Malaga's box traffic under major threat
2010 could be the make or break year for Malaga''s container traffic. Terminal operator, Terminales del Sudeste, will have to negotiate the renewal of the existing contract with main client Maersk, which could prove difficult as Maersk already has over-capacity in the Straits of Gibraltar.
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China relaxes rules on cross-Strait trade
The Ministry of Transport in China is to relax current rules that restrict vessels operating between China and Taiwan from carrying transhipment cargo or cargo emanating from other countries.
