World News – Page 341
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Libra to consolidate three terminals operation
Libra Terminais has presented proposals to the authorities to unify its two operational areas into a mega-terminal handling containers.
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NewsProfessor takes the Transnet helm
The challenge of running South Africa''s national transport businesses is hardly academic, and yet it''s been put into the hands of one - Geoff Everingham, a university professor.
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APM plans Santos terminal
APM Terminals is to present a project to Santos Port Authority to operate a container terminal at Prainha in the Guarujá region of the port. It would require investment of $700m and include construction of 700 metres of quay to serve a terminal with a capacity of 1.2m teu.
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NewsTransnet pushes ahead with expansion
South Africa''s port regulator is pushing ahead with expansion plans across the board. Stuart Pearcey reports
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Vietnam port loan
Vietnam Oil and Gas has signed a £ 3.7bn loan deal with the Petroleum Technical Services Corporation (PTSC) and the Vietnam Joint Stock Commercial Bank for Industry and Trade to invest in the Hon La Port project. The loan period is ten years.
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Southern NZ merger report commissioned
A report on the consequences of a merger between the South Island's two largest ports is to be delivered by Auckland consultancy Antipodes in October.
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NewsTanger-Med II to boost Moroccan boxes
The Oxford Business Group, a London-based think tank, believes that the decision to go ahead with the Tanger-Med II project in Morocco suggests that there is significant potential in the country for future development.
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Cold ironing comes to Vancouver
Vancouver has become the third world port to introduce cold-ironing, which allows berthed vessels to make use of mains power supply when in port.
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Maersk invests in Luanda
Maersk Angola is to invest $95m in the construction of a second line terminal in Luanda as a means of improving the overall port infrastructure. Investment would be carried forward in stages. The need for the terminal has been justified on grounds that it will make operations run smoothly and ...
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Tianjin posts loss
Tianjin Port Development ended the first half of 2009 with a net loss of $2m. Container traffic handled by the company was down by 6.7% and bulk by 8.4%. Revenue reached $83m compared with $91m the previous year.
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NewsBBI poised to offload PD Ports for $1
The recapitalisation of Australian port investor Babcock & Brown Infrastructure has taken a massive step forward, with Canadian infrastructure investor Brookfield Asset Management taking a 49.9% stake in the Dalrymple Bay Coal Terminal.
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PSA issues bonds
PSA International aims to raise $500m through a bond issue, being arranged by JP Morgan, Nomura International and DBS Bank.
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Burgos cuts a fifth of its workforce
The Bulgaria port of Burgas is to make 20% of its workers redundant as a result of the economic crisis. This will mean that 275 employees out of a total of 1,300 will lose their jobs. Older workers and pensioners will be shed first, with others released on a rolling ...
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Talking up Punta Colonet
Despite an effective suspension on the development of the Punta Colonet mega-port project in Mexico since April, the head of the Ministry of Communications and Transport, Juan Molinar Horcasitas, announced in August that the project is still effectively live.
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Victoria unveils state port plans
The Australian state of Victoria has launched a new state port plan which merges the Melbourne and Hastings port authorities and outlines future developments for Hastings and Geelong.
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Box recovery signs at Marseilles
Marseilles Fos registered a slight 4% increase in container traffic for the first eight months of the year, buoyed by a 23% rise in traffic at its deepsea Fos terminal.
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NewsPD Ports gets down to study
PD Ports has teamed up with the UK''s Teesside University to launch a Foundation Degree for port industry workers.
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Puerto Rico
Concessioning of Puerto Rico''s Las Americas port (PLA) will go ahead, law firm Mayer Brown partner Joseph Seligman has said.
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NewsUS traffic down to 2002 levels
Figures released in the US suggest that the country''s ports will handle 12.3m teu in 2009, equivalent to an 18.8% year-on-year drop - the fewest containers handled since 2002.
