World News – Page 344
-
News
Cuba commits to ports modernisation undertaking
The expansion of the Panama Canal has prompted Cuba to fund the expansion and modernisation of its three main ports in collaboration with China and Venezuela.
-
News
Green issues
The clearance of a seven-year Environmental Impact Report logjam is one of the most important port issues from the point of view of the Marine Exchange of Southern California.
-
NewsIndia to Liverpool link
Since around 60% of current trade from India to the UK is ultimately being delivered to within a 150-mile radius of the Liverpool, the local port authority has put two and two together, and looked at opening up a direct shipping service to the west coast of India.
-
News
New transhipment port for Costa Rica
The National Concessions Board of Costa Rica is to permit technical studies to be carried out for a $700m transhipment terminal close to the existing Port of Moí n on its Atlantic coast. Results are expected within a year and a tender will be issued in mid-2011 should these suggest ...
-
News
North Harbour development on track in Manila
A joint $312m bid by Metro Pacific Investments and Harbour Centre Port Terminal has been accepted by Philippine Ports Authority for the development and operation of the North Harbour at Manila.
-
News
New multi-national box terminal in Russia
Russian, Chinese and North Korean investors are planning to open a new container handling facility at Primorskii Krai in Russia. The facility, which will eventually be able to handle 400,000 teu annually, will be built in phases.
-
News
Russia to back Ust-Luga bonds
Ust-Luga Port in Russia is to issue state-backed bonds worth $695m.
-
NewsNZ volumes down but boxes up
Forsyth Barr senior investment analyst Jeremy Simpson''s review of the annual reports of 11 New Zealand ports has revealed that total cargo volume comparably fell during the year despite a slight average increase in container throughput.
-
-
News
Hamburg needs to upgrade infrastructure
Companies using the Port of Hamburg have called upon the government to rapidly implement port facility expansions.
-
News
Tauranga performance praised
A market report prepared by Morningstar research unit, AspectHuntley, has praised the Port of Tauranga for doing a "remarkable" job of returning a 7.3% increase in net profit after tax to NZ$45m (US$ 33.6m) during the recent global recession-affected financial year.
-
NewsAPM Terminals
Port and terminal operators are looking for ways to take costs out of their systems and provide the most efficient service possible, says Allison Enedy, director of communications at APM Terminals Americas.
-
News
Aden seeks more transhipment traffic
The Port of Aden is looking to expand its infrastructure to enable it to attract higher levels of transhipment traffic. The two existing terminals are managed by a joint venture between a state-owned company and DP World. Design work on the planned extension is begin in 2010.
-
NewsPorts free of Dubai woes - almost
The ports industry released what must have been a collectedly-held breath when on Wednesday the Government of Dubai finally told investors that DP World and its debt "are not included in the restructuring process for Dubai World."
-
NewsBio-energy tie-in for UK ports
It seems UK ports are increasingly floating themselves on a Green revolution. Last week the Port of Tyne signed a 10 year agreement to handle and store between 0.5 million and 1.4 million tonnes of biomass per annum.
-
NewsSpanish and Portuguese ports 'worst EU performers'
Of all the European Union countries, ports in Portugal and Spain have reportedly fared worse in the current economic downturn, with traffic down 12.3% at the former and 12% at the latter in the last quarter of 2008.
-
News
Tuxpan terminal tender issued
A container terminal tender has been issued by the Mexican Port of Tuxpan in the State of Veracruz.
-
News
Responding to recession
The ports of Long Beach and Los Angeles have drawn up plans to eliminate the claiming process for cargo carried by clean trucks.
-
News
DP World detects market stabilisation
DP World has detected stabilisation in the decline of container traffic - despite a 6% drop in traffic in Dubai for the third quarter of this year.
-
NewsManzanillo win for ICTSI
ICTSI has just beaten the competition for the $771 million terminal concession at Manzanillo.
