World News – Page 362
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Thumbs up for Vizinhjam
India''s Ministry of Shipping has given the go-ahead for the construction of the Vizhinjam Deepwater Container Transhipment Terminal, which will be located 16 kilometres from Thiruvanthapuram.
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Sagunto sets cement tender
Valencia Port Authority has issued a tender for the construction and management of four cement terminals at the Port of Sagunto. The terminals, which will be used to store and distribute bulk cement, will be located on the north east quay. The 25-year concessions will permit value-added services such as ...
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Investment plan in Saudi
Saudi Seaports Authority is to implement a $143m capacity enhancement programme. The main focus of attention will be at Jeddah Islamic Port, where money will be spent on boosting productivity.
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NewsVietnam aspires to reach international standards
The Vietnam Sea Ports Association is to focus on 10 major measures to bring national ports up to accepted international standards.
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Too much foreign influence in Vietnam?
There is rising disquiet in Vietnam that international stevedoring groups are holding too much power at national ports, something which could eventually work against the interest of local traders.
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NewsTough times
In a tough year on the US West Coast, those representing ports in Southern California have warned that port operators need more certainty if they are to invest for the future. Felicity Landon reports
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Qatar box terminal boost
Qatar is to build a new container terminal on a 1.08m sq m site at Kovalam. It will have a capacity to handle 5.3m teu when all three phases have been completed. Draft will be 20 metres.
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Philly box terminal
A new container terminal is to be built on land formerly occupied by the Navy at Philadelphia. This will be taken forward as a public-public partnership. A concession award is to be made by 2010 and the installation will become operational three years later.
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Salalah attracts 10
A total of 10 companies have bid for the contract to design and supervise the expansion of Salalah Port in Oman. Halcrow, Consulting Engineering Services, Dar al Handasah, Khatib & Alami, Jurong International Consulting, Korea Port Engineering Corporation, Sakoo Consulting Engineers, Cowi & Partners, Conser & Partners and Selhorn have ...
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Big loan for Fujairah
Fujairah Port has been granted a $245m syndicated loan arranged by the National Bank of Fujairah and the Commercial Bank of Dubai. Some of the money will be used to expand container handling facilities aimed at attracting larger vessels.
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NewsReal port value vital to UK economy
UK port contributions to the nation''s gross domestic product remain strong but the number of employees in direct port employment is down, according to a new report from the Crown Estate.
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NewsAPM calls for "culture of safety"
APM Terminals wants to get its rivals on board for its "zero tolerance" stance on accidents and injuries.
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NewsBrazil investment
Brazil''s President Lula has signed a decree that will clarify rules for companies interested in investing in the South American country''s huge port infrastructure programme, paving the way for some Reais19bn ($9bn) of national and international port investment.
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NewsFinland mega port project opens for business
Touting itself as the "most modern of the Baltic harbours", Finland''s massive port relocation project is to open this month.
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Gladstone gets gassy
The Queensland port of Gladstone is consolidating as Australia''s major port for liquefied natural gas (LNG) shipments. Arrow Energy, LNG Ltd and Shell are planning a 1m tonnes/year LNG export plant at Gladstone''s Fisherman''s Landing. GLNG is also proposing to develop a mid-scale 2.6m tonnes per annum plant
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GPPL offering
Gujarat Pipavav Port Ltd (GPPL) has filed its draft prospectus with the Securities and Exchange Board of India for an initial public offering of 5bn Rupees ($100.2m). The shares will be listed on the National Stock Exchange and the Bombay Stock Exchange. GPPL has as its major shareholder APM Terminals.
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Container and LNG infrastructure lacking in Europe
A study prepared on behalf of the European Commission identified a ''mounting need'' for investment in port infrastructure, specifically to handle containers and liquefied natural gas.
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NewsAssociation provides common platform
The port authorities of Madagascar, Mauritius, Mayotte, Reunion and Seychelles are all members of the Association of Ports of the Indian Ocean Islands (APIOI), which was officially established last year.
