World News – Page 361
-
NewsNapier port sale denied
Hawke's Bay Regional Council has moved to quash speculation it has imminent plans for a sell-down of the Port of Napier.
-
News
Shanghai pulls out of Zeebrugge deal
Shanghai International Port Group is not now to go ahead with the purchase of a 40% stake in APM Terminals Zeebrugge. The decision was made because of the global economic downturn.
-
NewsManta seeks strategic partner
Following the pull out of Hutchison Port Holdings, Manta Port Authority in Ecuador is seeking a new strategic partner to build and operate an international terminal in the port. If none is found, the project could go-ahead with state backing.
-
News
Venezuelan port privatised
Venezuela has passed a law effectively transferring control of national ports from provincial to central government control. Guamache, Cabello and Maracaibo will be administered by the newly created Empresa Bolivariana de Puertos.
-
News
Shanghai and Ningbo in merger talks
The Chinese ports of Shanghai and Ningbo are reported to be in negotiations on a possible merger sometime in the near future.
-
News
La Unión port standing idle
The El Salvador port of La Unión is now completed, but continues without an operator, effectively costing $1m a month in maintenance and energy costs. The problem lies at the heart of government where no agreement can be made on the exact conditions to be attached to the eventual concession ...
-
News
No holding back on Brazilian port investment
Brazil''s Special Secretariat for Ports has guaranteed that, despite the world financial crisis, investment to upgrade and expand both public and private ports will not suffer short-term cuts.
-
News
Two Tianjin terminals merge
Tianjin Port Development (TPD) has acquired 56.81% of rival Tianjin Port Holdings, which also manages the Chinese Port. TPD is to issue new shares to finance the $1.4bn transaction.
-
News
APM Terminals blows hot and cold at Tanger-Med
APM Terminals has written to Tanger-Med Special Agency announcing its intention to reschedule investment in Tanger-Med II.
-
News
Antwerp decline 'not unexpected'
Belgium''s Antwerp port has seen the total volume of goods handled in the first quarter of 2009 slump 19% on the same period last year, falling from 46.2m tonnes to 37.3m tonnes.
-
NewsTacoma recognises cleaner customers
The Port of Tacoma Commission has recently applauded the take up of a collaborative program to reduce emissions from trucks that serve the port - which includes putting together a list of trucking companies that meet the modern emission standards and helping those that don''t, along with other efficiency strategies.
-
NewsPunta Colonet document delay
No tender documents or bidding rules for the new Punta Colonet port in Mexico are now expected to be issued until early next year.
-
News
DP World remains profitable
DP World reported profits in 2008 of $621m, an increase of 48%. Revenue went up 20% to $3.23bn, while throughput rose 15% to 27.7m teu. Cash generated by operations rose 12% to $1.06bn.
-
NewsTCB loses ZIM and Evergreen to rivals
Barcelona Container Terminal (TCB) has reportedly lost about 20% of its total traffic due to defections to other terminals.
-
NewsSalonika kills concession concept
Salonika Port Authority has officially confirmed its decision to cancel the international tender to find a concessionaire for its container terminal.
-
News
K Line scoops green award again
Shipping line and operator K Line has been awarded the coveted Green Flag Award by the Port of Long Beach for the fourth consecutive year for its contribution to environmental conservation in 2008.
-
News
Nine bid for Chennai
Nine bids were received to build the planned Chennai Mega-Container Terminal, which will be implemented as part of a build-operate-transfer contract lasting 30 years. The project requires investment of $730m over four years.
-
NewsShippers' council takes lead on 'big ships'
Recommendations on how the next generation of international vessels should best be accommodated in New Zealand will soon be delivered by the New Zealand Shippers'' Council.
-
News
Ying Kou in massive Chinese investment
The Chinese Ying Kou Port Group is to invest $439m this year on building new ports and terminals, which include dry bulk and oil handling facilities.
-
News
Traffic meltdown at Durban
Durban Container Terminal reported a 15.6% drop in the year-on-year traffic between December and February. Had transhipment traffic not risen the downturn would have been around 29%.
