World News – Page 335
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HHLA cuts workers' hours
HHLA has followed the lead of other major European stevedoring companies in reducing working hours, affecting 2,000 employees. The decision is the direct result of the deteriorating economic environment. Both Eurogate and automotive terminal operator BLG had previously implemented similar reductions.
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Nine eye second Manzanillo box terminal
Nine consortia have registered to participate in the tender for the 20-year concession for the second container terminal at the port of Manzanillo in Mexico.
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Delays to Tanger-Med II
Questions are being asked about the second stage development of Morocco''s Tanger-Med Mediterranean transhipment hub.
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Jordan ports body hits a wall
The Ports Corporation of Jordan, which is due to be transformed into a standalone company, could take longer than expected.
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One bid for new Colombo box terminal design
A single consortium, consisting of Aitken Spence and China Merchant Holdings, has bid for the contract to design and build the proposed new container terminal in the Sri Lankan port of Colombo. The bid is being technically checked prior to a contract being signed.
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Significant box losses at Barcelona
The port of Barcelona is on course to handle a maximum of 1.86m teu this year, a decrease of 700,000 teu over 2008.
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Tauranga posts strong first half figures
Port of Tauranga banked a net profit of NZ$45.2m (US$ 30.9m) for the year ended June 30, 2009, a 7% increase on 2008.
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Growth planned at Teesport
PD Ports has completed the first phase of an expansion programme to develop its existing container terminal handling facilities at Teesport, UK.
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Hamburg levels still subdued
Throughput at the Port of Hamburg remains stunted, but hopes are that second half figures will reflect a stablisation and the start of recovery.
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Indian concession could be re-tendered
The government of the Indian state of Andhra Pradesh is reviewing the concession for the Machilipatnam port project that was awarded to the Maytas Infra-led consortium, given the failure to achieve financial closure. This requires investment of $328m, which should have been in place on April 21.
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Venezuela privatises ports
The government of Venezuela has signed a decree terminating concessions of all private port terminals in the country. Henceforth, these will report to state-owned companies Bolipuertos and Puertos del Litoral Central. To date, no compensation has been given to owners for the seizure of their assets.
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Second half recovery forecast for Chinese ports
Recently published statistics suggest that traffic at Chinese ports is making a recovery.
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Two new terminals for Tianjin
According to official Chinese sources, construction began on 28 July of two new terminals in the port of Tianjin. These were the Nanjiang Special Ore Terminal and the Shenhua Coal Terminal. The former, which will have a 23m tonne capacity, will require investment of $430m, while the latter will require ...
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Dragados-SPL privatisation now without rail interests
JP Morgan is reported to still be interested in acquiring Dragados-SPL from the Spanish ACS group, although it is said to be hesitant about buying the port assets given the high price being asked and the depressed state of the container market.
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Plug pulled on Jebel Ali 3
The current state of the global container market has prompted DP World to delay its $1.5bn investment in a proposed third terminal at Jebel Ali. The project will be re-visited once business prospects improve. Completion of Terminal 2 earlier this year brought capacity to approximately 11m teu, which is viewed ...
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Marseilles Fos seeks two bids
Marseilles Fos has released a tender for a proposed conventional cargo terminal to be developed on the site of the fruit terminal vacated by Agrexco. Preference will be given to bidders intending to use the existing facilities for handling fruit, vegetables and other food products.
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London's Lambeth arrives
The first of a new generation of Port of London Authority (PLA) patrol launch has arrived on the Thames.
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Maersk traffic down at all major Spanish ports
In the first four months of 2009, traffic handled by Maersk at the port of Algeciras was down by 180,000 teu. In Barcelona, the carrier has seen a 33% drop and one of 16% in the port of Valencia.
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African port receives massive order
The Zhen Hua ship which sailed into the South African port of Ngqura from China in May delivered equipment and components in excess of $8.8m in value, destined for the Ngqura container terminal (NCT) to be launched in October 2009. Special clearance had to be sought to bring the cranes ...
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Ilo Growth
Ilo port in southern Peru is among the fastest-growing container ports in Latin America, according to a report published by Latin Business Chronicle using statistics from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).