World News – Page 339
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Lyttelton share-buy complaint
New Zealand’s Securities Commission may investigate the recent purchase of 45,500 Lyttelton Port of Christchurch (LPC) shares by Christchurch City Holdings (CHH).
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NewsNew Zealand needs a strategy re-think
A change in focus is required throughout the supply chain for sustainable growth to be achieved in the post-recession environment, said Ports of Auckland managing director Jens Madsen.
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NewsSeek our protection from pirates, urges force commander
The long shadow cast by the skull and crossbones hangs over shipping in the Indian Ocean, with the threat of piracy a very real one in a huge swathe of its western edge. But the shadow has not yet been long enough to convince everyone sending ships there of the ...
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DP World mulls Australian IPO
Unconfirmed reports from Australia suggest that DP World is contemplating raising $884m through an initial public offering of some of its local assets.
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NewsScheldt dredging finally underway
The deepening of the Scheldt Estuary to give both greater tide windows and better draught access last week finally got underway on the Dutch side of the border – after a decade of wrangling.
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NewsStrain in Shanghai
A flurry of export orders strained capacity at Shanghai port, reported the China Daily, who also noted the shipping prices spiked dramatically.
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NewsGladstone’s boost will keep on going
Gladstone Ports Corporation shrugged off the first half blues of 2009 and announced a record throughput of more than 81 million tonnes for last year, of which coal made up over 58 million tonnes.
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Tata moves into terminals
Tata Realty and Infrastructure Ltd is to expand into dedicated container terminal projects. A location on India''s east coast has already been identified and discussions are under way with the State government to build a terminal there. However, given the early stages of the talks, the company has declined to ...
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Nordana moves to Sagunto
Nordana is moving its Spanish operations from Valencia to Sagunto port. The first vessel to call Sagunto was the MV Skanderborg on January 16, 2010. The service change pertains to the regular ro-ro multipurpose liner service Nordana operates between the US, North Africa and the Mediterranean areas returning via Venezuela, ...
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NewsExpanded Panama Canal at centre of 'gateway to the Americas'
Panama Canal Authority''s chief executive discusses his nation''s true potential with Felicity Landon
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Growth hopes for NSW
Growth is expected at New South Wales'' three main ports this year. Ports minister Paul McLeay said he was optimistic the easing of the global financial crisis would lead to increased trade. Last year Port Kembla suffered a 3% decline and Sydney''s Port Botany saw its throughput drop 4%. Newcastle ...
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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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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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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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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 ...
