World News – Page 352

  • Port Strategy: strike cripples Peru's main port
    News

    DP World Callao

    2009-02-13T12:24:00Z

    DP World officials have unveiled the company''s $1.3bn investment plan for the Muelle Norte Terminal at Callao port in Peru''s capital Lima to the country''s authorities and port unions.

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    News

    Baltimore buys space

    2009-02-13T12:24:00Z

    The Port of Baltimore has snapped up 14.6 acres of adjacent land for $5.25m in an acquisition designed to relieve pressure on the port''s terminals.

  • Port Strategy: HPH is said to be following through with its exit strategy
    News

    Manta rumours

    2009-02-13T12:24:00Z

    Reports from Guayaquil, Ecuador suggesting that Hutchison Port Holdings (HPH) might be close to finding a compromise with the Ecuadorian government over its pulling of its commitment to develop the $525m Manta box facility (TIDE) have proved groundless.

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    News

    Resuscitation measures reach China's heart

    2009-02-13T12:24:00Z

    Official figures confirm a move to invest in China''s relatively undeveloped interior has halted the sharp decline in cargo throughput at ports along the Yangtze River, bringing a January year-on-year increase of 5.7% to 80m tonnes.

  • News

    Itanian states backs port investment

    2009-02-10T12:24:00Z

    Approximately $3.3bn has been invested in Iranian ports in recent years, claims the country''s Ports and Shipping Organisation.

  • News

    New JV for Yantian

    2009-02-10T12:24:00Z

    Shenzhen Yantian Port Group and Hutchison Port Holdings are to jointly build a new container terminal at the Port of Yantian. The initial phase will involve construction of 1.39m square metres of operational area linked to a 1,442 metre long quay.

  • News

    Auckland breaks container record

    2009-02-09T12:24:00Z

    Ports of Auckland set a new single-month''s throughput record of 59,585 containers during December - 2% higher than the previous best of 58,484 set in March 2007 and about 13% higher than the comparable December 2007 month.

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    News

    Zhuhai aims for Peal Delta crown

    2009-02-09T12:24:00Z

    Trial operations have begun on the latest phase of developments at Zhuhai International Container Terminals (Gaolan) (ZICT) with the recent docking of the 6,350 teu APL New Jersey at one of its two new 50,000 tonne container berths.

  • News

    Everglades development part of "economic machine"

    2009-02-08T12:24:00Z

    Construction of a new 41 acre marine terminal for containerised cargo at Port Everglades has received the go-ahead from the Broward County Board of County Commissioners.

  • News

    Paradip deadline

    2009-02-08T12:24:00Z

    Paradip Port Trust has until March 31 to sign construction contracts for two new berths; one to handle coal and the other iron ore. The last date for submissions is February 12.

  • News

    Automation in Taiwan

    2009-02-07T12:24:00Z

    The first automated container terminal in Taiwan is hooking up with CATOS, a software solution for bringing together yard, tandem, and gate operations.

  • News

    IADB helps out Montevideo

    2009-02-06T12:24:00Z

    The Inter-American Development Bank has agreed a $40m loan for the Port of Montevideo for a period of 25 years, with matching funds of $13 million to be provided locally. This will help finance a new multi-purpose terminal and also deepen the access channel.

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    News

    "No Red Tape" committee through red tape

    2009-02-05T12:24:00Z

    The IMO Facilitation Committee (FAL), the body that promotes smooth transition of shipping between international ports and offshore terminals, has cleared the last hurdle to it becoming a fully fledged institution of the organisation.

  • News

    UAE buys Poti

    2009-02-05T12:24:00Z

    The Georgian Port of Poti has sold a 49% stake to RAK Investment Authority of the UAE for $65m; the same company had earlier bought the other 51% for $90m.

  • News

    Inland NZ ports agreement encouraged

    2009-02-05T12:24:00Z

    An operational agreement is essential if rivals Ports of Auckland and the Port of Tauranga are to fully exploit the potential gains of their inland port offerings, said Tapper Transport director Simon Tapper.

  • News

    IFC supports Canal expansion

    2009-02-05T12:24:00Z

    The International Finance Corporation, part of the World Bank, has approved a $300m loan for the Panama Canal Authority. The loan will help fund the Canal's $5.25bn expansion of canal capacity. The loan is to be repaid within the next 20 years.

  • Port Strategy:"Rehabilitating ports, that's our bread and butter," Martin O'Neil, ICTSI chief financial officer
    News

    ICTSI eyes expansion

    2009-02-05T12:24:00Z

    Manila-based global port operator ICTSI hopes that experience of the Asian meltdown in the late 1990s will help guide it through the current economic crisis

  • News

    Indian port commandos

    2009-02-05T12:24:00Z

    Following last year''s terrorist attacks on the Indian city of Mumbai, all major ports in the country are to be guarded by their own elite marine commando units.

  • Port Strategy: UK MP Louise Ellman has taken opposition to the backdated rates affair to Parliament
    News

    Rates - no handing back the yolk

    2009-02-04T12:24:00Z

    Louise Ellman, UK MP for Liverpool Riverside, has again taken her fight against port rate rises, and the attempt of the UK Valuation Office Agency to push through three years of backdated bills, to Parliament.

  • News

    Gdansk tops 100,000 teu in 2008

    2009-02-04T12:24:00Z

    The Polish container terminal operator DCT Gdansk passed the 100,000 teu mark ahead of expectations in mid December, helped by the arrival of Maersk Line at the port on the 1 December.