World News – Page 342
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Brazilian port contracts under scrutiny
Brazil''s Commission on Financial Oversight is to investigate contracts awarded for work worth $285m at 16 of Brazil''s ports. These involve dredging and infrastructure, as well as upgrades to existing installations.
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Injury time down for APM
APM has revealed positive results from its drive for a ''safety culture'', reporting a decline in Lost Time Injury Frequency (LTIF) to rate of 4.8 from 7.7 a year ago.
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Primeport advocacy formed
Representatives of workers, business and local Government have established a "Timaru Port Network" to advocate for the port and user''s interests, following Fonterra switching the majority of its local Clandeboye dairy exports to rival Lyttelton Port of Christchurch.
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US figures still in decline
The latest US containerised import statistics reveal a 19.3% drop in the second quarter of 2009 compared with the same period last year, according to PIERS Trade Horizons.
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NYK pulls out of Tacoma terminal agreement
The Japanese terminal group Nippon Yusen Kaisha (NYK) has cancelled plans to build a dedicated container terminal at the US port of Tacoma, which would have required investment of $300m.
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NewsNgqura unloads its first ship
The new deepwater Port of Ngqura, South Africa, has welcomed its first commercial containership - the MSC Catania.
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NewsSantos needs $5bn investment
The port of Santos needs investment of $5bn to prevent capacity restraints stifling economic growth, a recent study has concluded.
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Antwerp applauds invoking of deepening treaty
The Dutch government has implemented a treaty on deepening the Scheldt estuary, a move supported by Antwerp Port Authority.
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NewsBox terminal projections face heavy scrutiny
The ''build it and they will come'' attitude for container terminals is out, according to Romain Py, senior partner, JP Morgan Asset Management-Infrastructure Investments.
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NewsBanks open for limited port business
Banks offering finance to ports are "open for business", according to DnB NOR Bank, but "opening hours are limited".
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NewsUK government urged to act now to protect port assets
UK port executives have urged the government to start supporting the port industry, or risk losing out on business to mainland Europe.
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Yangshan now biggest port in the world
China claims that the new Shanghai Yangshan port that entered operations this autumn is the world''s largest in terms of container handling. Construction began in 2002 and culminated in the building of 16 berths along 5.6 km of coast. Capacity will be in the region of 10m teu.
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Gulftainer invests in the future
United Arab Emirates-based Gulftainer is optimistic that throughput at its Sharjah Container Terminal "may show some growth" this year in defiance of the global downturn.
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NewsThroughput boost for Syria's TICT
Syria''s Tartous International Container Terminal (TICT) recorded a 44% increase in container throughput during the first six months of the year over the same period in 2008 and is gearing up for a further increase in volume and vessel calls over the coming months, according to Romeo Salvador, TICT general ...
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Danes asked to fund Vietnamese ports
The Vietnamese prime minister on a visit to Denmark asked the Danish Premier for financial aid to develop seaports. This follows the inauguration of a new Maersk service linking Vietnam to US Pacific ports.
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NewsBy-passing the Gulf
Are port infrastructure development projects aimed at placing Saudi Arabia as the transhipment hub of the Middle East? Patrik Wheater reports
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Cargill terminal tender issued
The Dockworkers Company of the State of Sã o Paulo (Codesp) has issued a tender for the bulk solids terminal formally managed by Cargill, whose own contract expired in 2005, but was temporarily extended for four years. A new award is expected to be made by early November at the ...
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3i eyes third port project in India
The London-based private-equity investor, 3i Group Plc, which has amassed a $1.2bn infrastructure fund for India, has announced it is seeking a third investment opportunity in the country.
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Chittagong corruption commission
Bangladesh''s Anti-Corruption Commission has appointed a three-person team to look into corruption allegations at the port of Chittagong. The decision was prompted by a request from the Shipping Ministry.
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