World News – Page 349
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NewsTallinn's expansion plans still on track
The Port of Tallinn has signed a ¢ 40m ($50.7m) loan agreement with the European Investment Bank (EIB) on what port spokesperson Sven Ratassepp described to Port Strategy as "highly favourable rates" and hopes to have additional funding in place by the end of the second quarter.
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NewsPaita concessioning
One of Peru''s leading logistics companies has confirmed its interest in the concessioning of Paita, as signals emerge of accelerated port reform.
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Cargill remains at Santos
Cargill has been given permission to continue exporting soya, millet and derivatives from its grain terminal in the port of Santos despite its concession having expired.
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Congestion still rampant in Nigerian ports
Nigeria''s Ministry of Transport has set up two task forces to reduce port congestion.
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Suez terminal rises 34% in 2008
Suez Canal Container Terminal has recorded growth of over a third for the second year running.
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GTI now India's leading container terminal
Gateway Terminals India (GTI) has overtaken the DP World-owned Nhava Sheva International Container Terminal to become India''s leading container handling facility.
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NewsCall to delist Northern port
Northland Port Corporation chairperson Mike Daniel believes the Northland Regional Council should buy back all port shares and take the company off the stock exchange.
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Rio Tinto abandons Uruguay terminal
Rio Tinto has suspended its project to build a new iron ore port at Agraciada in Uruguay.
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3i eyes Indian development
The global equity company 3i has been linked with a $163m investment in a major new container terminal project in the Indian port of Krishnapatnam. This is being developed by the CVR group, which will cede an undisclosed equity stake to the investor.
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Lisbon sheds area
Lisbon Port authority has been given approval to decommission parts of the port that no longer have any recognised use. These will be returned to the state and redeveloped.
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Costa Rican container terminal tender issued
A total of 11 international companies are interested in the 50-year concession being offered for the construction and management of a new container terminal on Costa Rica''s Caribbean coast. The project will cost $900m, of which $600m will be for infrastructure work.
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Chinese bankroll Nouakchott
The Chinese state is to provide $287m in investment to triple capacity at the port of Nouakchott in Mauritania. This will fund construction of a new, 900-metre long quay.
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New Chinese river port
The Chinese River port of Chongqing is building a new 10-berth container terminal which will occupy an area of eight square kilometres. Its location is some 18 kilometres from the city centre.
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NewsTories plan to "scupper" backdated ports rates
UK port businesses campaigning against massive backdated business rates bills have received an important boost from the Conservative Party, which has announced it will use the parliamentary process in an attempt to "scupper Gordon Brown''s ports tax".
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Ecuador to amend ports law
The government of Ecuador is to make changes to the current ports legislation to set down new regulations and limits on port services undertaken by the state, with a view to allowing more concessions in the future.
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Tuxpan box terminal up for grabs
A new tender has been issued for a container and general cargo terminal at the Mexican Port of Tuxpan. This was initially issued in February last year but cancelled in November for lack of conforming bids. Investment will be in the order of $180m.
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NewsBids - again - for Columbo
Sri Lanka Ports Authority has issued a long-awaited call for bids for a container terminal in a new deep draught port being built next to the existing Colombo harbour.
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NewsChina surveys the river
The first ever market survey to be taken across the entire length of the Yangtze river, covering both the trunkline and major tributaries, aims to find out exactly where demand exists for equipment and technology.
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Cork revisits box terminal project
The Port of Cork is to make a decision in October regarding the location of a $283.7m container terminal.
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