World News – Page 343
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Expansion at Beirut
The Lebanese government will issue a tender by the end of April for a $120m expansion of the port of Beirut. Work is due to take no more than 30 months and will boost capacity to 450,000 teu. A new 40,000 sq m piece of land will be reclaimed, increasing ...
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Kembla seeks Chinese investors
Chinese investment is being sought to boost the development of Port Kembla in New South Wales. Ports Minister Joe Tripodi announced the establishment of an economic development committee to attract Chinese investment in the port. Represented on the committee are the port of Shenzhen and Cosco Shipping.
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BBI takes on Dalrymple advisor
Babcock and Brown Infrastructure has contracted Macquarie Capital Advisers to advise on the process of selling part or all of Dalrymple Bay Coal Terminal. Offers from minority to full ownership will be considered. BBI has seen its assets tumble in value during the global recession.
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NewsPort business rates - "Defending the indefensible"
Crippling backdated rates demands still hang heavy over UK port businesses. Felicity Landon takes stock of the sorry affair
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NewsGeorgia takes up environmental policy
As part of the continuing effort to build upon current environmental initiatives, the Georgia Ports Authority (GPA) has instituted a policy for managing port operations with consideration for best environmental practices and procedures.
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NewsPCA help for the credit-squeezed
The Panama Canal Authority''s (ACP) set of temporary measures ''designed to help mitigate the impact'' of the global downturn on the canal''s clients will no doubt bolster the waterway''s finances too.
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NewsValparaiso postponement
Valparaiso is to postpone plans to expand in the face of the recession. "This year is not good to go to the markets," manager Harald Jaegar said in a phone interview with Port Strategy.
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Thumbs up for Posorja
Alianza Internacional Portuaria (Alimport) has been given permission to build a deep water port and transhipment hub for containers at Posorja, close to Guayaquil, in Ecuador. Draught of 16 metres will be available.
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Equatorial Guinea capacity boost
Equatorial Guinea is instigating plans to double its existing port capacity to become a regional hub in West Africa. DP World has invested heavily in the country.
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Fremantle box drop
Fremantle Ports has seen container volumes drop 13% from a year ago due to the global economic downturn. Figures for year reflect the impact of the worldwide financial situation on the Western Australian economy. Trade in motor vehicle imports was also down 15% compared with last year.
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HHLA adapts to tougher trading conditions
HHLA is to introduce a series of measures to minimise the impact of the current credit crunch and global economic downturn on its business.
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DPW Southampton status
DP World Southampton has achieved Authorised Economic Operator (AEO) status (Security and Safety Certificate) under a European Union wide initiative to tackle terrorism, counterfeiting and fraud. AEO status is recognised across all EU Member States.
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Peru awash with port projects
Peru''s National Ports Authority has revealed that $2bn of investment will be made in the next few years by the private sector in port projects.
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Harcourt takes on Nigerian rivals
The revamped Terminal A at Port Harcourt in Nigeria is trying to attract traffic from importers in the south and southeast of the country who are currently using heavily congested ports in Lagos.
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Sydney takes a leaf out of Melbourne books
Sydney Ports Corporation has admitted its Port Botany operation has a lot to learn from the Port of Melbourne in terms of employing electronic processing and off-peak port access.
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Spanish ports to be given commercial kick
The Spanish government is looking to introduce changes to the current law governing ports to make them more commercial in their outlook.
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Docker downsizing at Guayaquil
Guayaquil Port Authority is downsizing its workforce from a pool of 260-280 employees to around 145 as part of a restructuring exercise that will see Contecon take control of container handling operations in the port.
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Wuhan mega-port go-ahead
The city of Wuhan is to invest $731m on the creation of a mega-terminal port complex, whose go-ahead has been approved by the state government.
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Congestion haunts Jeddah
Jeddah Islamic Port is currently experiencing very high levels of congestion, prompting some vessels to bypass the city and use regional alternatives. Importers are being offered an exemption from berthing fees due to delays.
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Teconvi back up and running
Itajaí container terminal, Teconvi, which has only recently returned to operation following serious flood damage to its installations, reports that it is now achieving record levels of productivity, undertaking 40 moves per hour with two mobile harbour cranes.
