World News – Page 355
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ICTSI doubling Suape capacity
ICTSI is investing $45m as a means of duplicating capacity at its box terminal in the port of Suape in the Brazilian state of Ipojuca by 2011. Recently, the stacking area has been increased by 7 hectares to 30 hectares.
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Ecuador studies HPH Manta severance compensation
The government in Ecuador is considering two alternatives to receive compensation from Hutchison Port Holdings after it cancelled its agreement to build an international hub at the port of Manta. It could either take ownership of the deposit left by the company or accept new severance proposals put forward by ...
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NZ snippets Aug-Sep
Ports of Auckland managing director Jens Madsen believes there is a "special opportunity" for Auckland to develop a world-class waterfront that balances both public and port interests.
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Kiel's breakbulk slowing its slide
The Port of Kiel handled 2.36m tonnes of cargo in the first half of this year, 5% less than in the same period of 2008. Above-average decline was recorded in the breakbulk sector, which was comparatively hard hit by the current economic crisis.
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Iraq improves Umm-Qasr
Iraq''s Transport Ministry has revealed that Iraqi Ports Company has signed a $12.6m contract with local company to expand Umm-Qasr port near Basra. Work will be completed within 210 days.
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NewsAntwerp responds to Dutch delay
Dutch authorities have again put back the programme of works on the 12 shallow points in the Western Scheldt by suspending the routing decree and one of the implementation permits for deepening the navigation channel.
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Port Qasim taking major private investment
Up to $1.22bn of foreign investment is expected to be made in the various development projects put forward by Port Qasim Authority covering the next five years.
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PPA expanding with French cash
Philippines Port Authority (PPA) is to receive a loan of ¢ 170m ($239m) from the French government by the end of August. This will help fund six new port projects. Originally, finance was to have come from Spain, although a deal with the Spanish government eventually fell through.
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NewsLong service honoured at Tyne
Thirteen port employees took part in an evening of celebrations at the Port of Tyne headquarters, UK, to honour their combined 360 years of service.
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Haifa's new box terminal completed
Israel Ports Company has completed its $250m Carmel container terminal and has turned over operations to the Haifa Port Company.
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City trucks get green boost
A clean air strategy in the ports of New York and New Jersey is being helped by an influx of environmental grants, worth over $30m, that will help to replace pre-1994 trucks serving the port.
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NewsENAPU and DP World to develop Callao
Modernisation of the North Quay at the Peruvian port of Callao will be taken forward by DP World and the National Ports Authority (Enapu) under a $600m investment programme.
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NewsCompeting Bids at Virginia Port Authority
The battle over Virginia Port Authority-owned facilities heated up at the end of July.
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Bolloré wins Cotonou bid
Bolloré Africa Logistics has won a 25-year concession for the container terminal at the port of Cotonou (Benin). The operator aims to increase container traffic in Cotonou from the current 312,000 teu in 2008 to 1m teu by 2030.
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New Murmansk relief port
A new port is to be developed on the Kola peninsular in the Murmansk region of Russia by 2010. This is needed because the existing Murmansk port is operating beyond its engineered capacity.
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NewsHard times predicted for box market
2009 is to be the most challenging year ever, says Drewry Shipping Consultants in its annual review of container terminal operations.
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Labour rates must improve at Valencia
Terminal operators in the port of Valencia are warning that recent high levels of transhipment traffic, which now account for 50% of total box traffic in the port, could be under threat if labour costs are not reduced in the next few months.
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NewsVeracruz cuts tariffs to attract traffic
Veracruz Port Authority has offered a 15% cut in tariffs for container traffic as a reflection of prevailing economic conditions, available until December 31, 2009.
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Land planning law a boon to Australian ports
Australian ports have urged state and federal governments to streamline planning laws governing port land.
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First half operating loss for HITT
As a result of restructuring costs and delays in planned orders, HITT traffic management and navigation systems company expects figures to confirm an operational loss of around ¢ 1m ($1.3m) for the first half of 2009. However, HITT''s management is more optimistic with regard to the second half of the ...
