World News – Page 366
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Japanese to build Vietnamese terminals
The Cai Mep container terminal and the Thi Vai general cargo terminal at the Vietnamese port of Cai Mep-Thi Vai are to be built by two Japanese joint ventures. Of the total $718m cost of the port, $328.5m will be financed by the Japanese Bank for International Cooperation, with the ...
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NewsAnother terminal for Buenaventura Bay
Construction has begun on a new dedicated container terminal in Buenaventura Bay, close to the existing facilities in Colombia.
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CMA CGM in Tianjin development
CMA CGM subsidiary Terminal Link is to undertake a 50-year joint venture with Tianjin Port Development Holdings (TPDH) and Grand Asia International Shipping to manage a new container terminal at the port of Tianjin. The three-berth facility will be situated in Binhai New Area. Projected investment is $215m, of which ...
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PIA turns over Mindanao port to ICTSI
Phividec Industrial Authority (PIA) has formally handed over Mindanao Container Terminal (MCT) to Mindanao International Container Terminal Services Inc (MICTSI) at a ceremony held at the MCT berthside attended by Phividec officers, shipping lines and local government officials.
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Strikes hit Salonika port profit
Thessaloniki Port Authority has reported a 34% decrease in first half net profit as a result of a loss of revenue caused by strike action.
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'Green' option for Mumbai and Delhi
Arshiya International has ordered seven E-One+ rubber-tyred gantry (RTG) cranes and 10 DRF450 reachstackers, complete with maintenance agreements, from Kalmar. The new ''green'' units will initially be deployed at Arshiya''s Free Trade Warehousing Zones (FTWZ) in Mumbai and Delhi. Some of the equipment will eventually be used at three new ...
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SEPTEMBER PS News Euromax
The Euromax terminal, operated by Europe Container Terminals (ECT) in Maasvlakte, Rotterdam, is now up and running.
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Callao will reach capacity limit in 2010
Lima''s chamber of commerce has warned that Callao port will reach full capacity by 2010 and that investment in alternative outlets such as Paita and Pisco must be speeded up to help manage traffic. Even a new development being funded by DP World is still seen as insufficient to cater ...
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100% box scanning for Karachi?
Following a successful pilot programme at the Pakistani port of Qasim, US officials are now extending measures to scan all US-bound containers at the port of Karachi.
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Kochi copes with congestion
If a container is left in the stacking yard at the port of Kochi for more than 15 days, it will now automatically be moved to a private container freight station as a congestion-busting measure.
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NewsSlowdown in Yangtze Delta
Ports in the Yangtze River Delta have reported a slowdown in container throughput growth in the first half of this year.
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NewsNew bids for Chennai box terminal
Chennai Port has invited fresh bids for its Mega-Container Terminal after changes to the terms and conditions of the concession pushed the forecast cost up to $787m.
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South American trade body in offing
A formal invitation to set up a regional trade body for private port companies throughout South America was made at the TOC Market Briefing in Guayaquil September 17.
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Basra port reopens
Basra''s Al-Maaqal port has re-entered service following four months of renovation work. All equipment has been upgraded and quays renovated.
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New Zealand profit growth for some ports
Recent financial year announcements have included the Port of Tauranga declaring a comparable 7% rise in after-tax net profit to NZ$42.1m (US$27.6m) and 15% lift in revenue to NZ$148.8m (US$97.4m).
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Haicang project sold
Xiamen International Port Company is to sell a project that it is developing in Haicang port to Haicang International Container Terminals Ltd for $59.6m. The project includes Berth 1, which will become a container handling facility.
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Colombo South Port development under way
Tenders for the new Colombo South Port development are expected to be issued soon.
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GPI is platform for growth
N-Trans has transferred its port assets to newly-formed subsidiary, Global Ports Investments (GPI).
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NewsIsraelis dockers strike over legal changes
Israeli port unions are in a bitter dispute with the government over its plans to privatise port infrastructure.
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Tauranga dispute settled
A brief collective employment dispute between the Port of Tauranga and the Rail and Maritime Transport Union has now been resolved. Successful mediation avoided the industrial action previously announced by the union. Details of the deal, which is understood to be for two-years, have been kept confidential.
