World News – Page 341
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Jaxport figures
Jaxport''s tonnage figures for the six months to end of March show increases in containers, steel, lumber and liquid bulks, which have gone a long way to offsetting a 20% fall in vehicles, and a fall in breakbulk and dry bulks. The result is an overall 4% decline.
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Valencia stands tall amid downturn
Despite virtually every other Spanish port losing business, container throughput at Valencia rose by 5% during the first three months, prompting the port authority to accelerate its North Access project.
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Car terminal stalls at Lázaro Cárdenas
The current global economic downturn has effectively put back the date for the issuing of a tender for a new vehicles terminal in the Mexican port of Lázaro Cárdenas.
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Positive investment
While overall the cargo statistics make gloomy reading, ports on the US East Coast are far from defeated, as Felicity Landon discovers
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No immediate need for second Durban port
South African state transport company Transnet has dismissed the need to build a second port at Durban.
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Tallinn bonds a success
In April, the port of Tallinn issued five-year bonds totalling ¢ 20m ($27.2m); the issue was fully subscribed by Swedbank AS. The money raised will be used to finance investments, including the expansion of Muuga Container Terminal and Quays 8 and 9 at the Paldiski Southern Port.
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Jordan port study
A field study for a new port in the Gulf of Aqaba on the southern tip of Jordan has been completed.
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Schedule slips for fourth JN box terminal
The original bidding deadline of April 30 established by the Indian port of Jawaharlal Nehru for its proposed fourth container terminal is now been extended to June 1.
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An end to port gloom in sight
The port downturn has bottomed-out, according to a leading industry commentator speaking at the International Association of Ports and Harbours (IAPH) event taking place in Genoa this week. But the caveat was that recovery will be a drawn-out process.
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Call for greater cohesion between Med ports
Western Mediterranean ports must cooperate with emerging ports on the opposite side of the Mediterranean for the greater good of the region, an Italian port executive has advised.
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Europeans must nurture African port relations
The European Union''s commissioner for transport issued a stark warning to Mediterranean ports this week: find an interconnection with Africa or risk losing West Mediterranean business as vessels re-route around the African cape.
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Terminal consolidation mooted by Auckland
Ports of Auckland has unveiled a proposal to consolidate its containership operations and manning to the Axis Fergusson Terminal.
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New box terminal for Charleston
$55m contract has been awarded to a local company for the construction of a 113ha container terminal in North Charleston.
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Don't rush to meet 100% scanning legislation
A security panel at the International Association of Ports and Harbours'' (IAPH) conference taking place in Genoa this week cautioned against ports committing now to installations to meet so-called 100% scanning legislation from the US.
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Well connected
According to the nation''s Federal Waterways and Shipping Authority, inland water transport accounts for around a fifth of western Germany''s total domestic long-distance transport volume. Bulk goods are the usual commodities but ro-ro container figures were, in 2008, beginning to rise.
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Standing up to the downturn
Germany''s ports are taking the economic trough in their strides, as Stevie Knight finds out
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Oakajee funds commitment
The Australian Federal Government has allocated A$339m (US254m) over the next four years towards the development of common user facilities at the deepwater port at Oakajee. Western Australian Premier Colin Barnett has pointed to Oakajee as "potentially the single-most important project for WA''s economic development over the next 50 years".
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Bidding resumes for Mexican port
Hopes are that the bidding process for private investment in the new multipurpose terminal at Mexico''s Port of Mazatlan (API Mazatlan) will re-start again soon after the last round was halted in early April.
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Pakistan project opens to tenders
June sees the opening of the tender process for Pakistan''s port optimisation project.
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BBI offers distress sales
Offers for Babcock & Brown Infrastructure''s (BBI) Dalrymple Bay Coal Terminal asset are expected to close in July, following a due diligence process with several parties. BBI is also currently in talks with parties interested in buying PD Ports in the UK.