World News – Page 345
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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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Uganda to open Mombasa box terminal
A reciprocal agreement between Uganda and Kenya is to result in the construction of a dry dock and container terminal in the port of Mombasa to handle cargo from Uganda. These, it is hoped, will help reduce congestion. A 3,075-acre piece of land has been identified at the port and ...
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Private sector installed on Magdalena River in Colombia
Colombia will receive $62m over the next 30 years from private-sector companies operating seven river port concessions and 24 coastal port concessions along the Magdalena River.
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More pressure on UK warehousing to come
As a consequence of changes to the Empty Property Rate (EPR) taxation in the UK, it has emerged that landlords are demolishing perfectly good warehouse property as a way of avoiding paying the substantial amounts of tax that unoccupied facilities now incur.
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Chinese ports report growth
In July, the combined throughput of China''s coastal ports reached 500m tonnes, a growth of 12.9% over the corresponding 2008 month.
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south africa shorts
As many as 2,500 South African merchant seafarers could be trained to form a pool of talent as navigation and engineering officers and deck crew members in the offshore industry.
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American Association of Port Authorities in Freight Stakeholders Coalition
The Freight Stakeholders Coalition, a group made up the American Association of Port Authorities (AAPA) and shipper and surface transport trade associations in the US, is seeking a unified approach to Federal transport funding.
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Cosco reports drop in box traffic
Cosco Pacific reported a 6.7% loss in traffic during July to 3.78m teu.
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Manta still seeks private investor
Manta Port Authority is to transfer the shares held in Tide by HPH to another private company, now that HPH has pulled out of the deal.
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Concepción struggles to retain box traffic
The Argentinian port of Concepción is struggling to hang on to the container feeder service that has made calls for the last two years. The lack of dredging on the Uruguay River has called into question the retention of the service. Compounding the problem, Logisur, the handling company, is now ...
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NewsPiraeus makes a profit
Turnover at the Greek port of Piraeus was up 32% in the first six months of 2009, resulting in a small net profit for the port authority.
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Victoria to be expanded
The Espirito Santo Port Authority (Codesa) has published a tender in respect of the lengthening and expansion of berths 101 and 102 at the port of Victoria. Together with a previous dredging contract, investment of $134m is being made. By 2010, as a result of the work, capacity will have ...
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Chilean ports in the red
André s Rengifo, the director of Chile's Port Company Systems, has said that the country's public ports will all post negative figures in 2009.
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Asciano writedowns put brakes on AutoStrads
Australian port investor Asciano has delayed the roll out of its advanced AutoStrad automatic container straddle carrier positioning technology.