World News – Page 366
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Mexican tenders must comply with national strategic plan
The head of Ports Development and Administration in Mexico has said that tenders for new port projects, such as those in Lá zaro Cá rdenas and Manzanillo, are being revised in order to adapt them to the objectives set out in the national strategic plan.
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Buenaventura competition threat
Colombia''s Buenaventura port company expects to face difficult competition over the next two years from other Atlantic coast of ports in the same region. Santa Marta and Barranquilla pose stiff competition in terms of dry bulk, while Cartagena is the main container handling rival following major investment in equipment.
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New Cambodian port
A new port is to be built at the Cambodian capital city of Phnom Penh. The facility, which is due to enter service by the end of this year or early next year, will cost $25m and will be located on the lower Mekong River close to the existing port.
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Three Indian PPPs
The Indian government has given its approval for three port projects involving public-private partnership deals costing $409m. These encompass container terminals at Ennore ($282m) and Tuticorin ($62m), as well as a coal terminal in Goa ($67m).
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Hooghly Estuary dredge on cards
Lanka Hydraulic Institute Ltd is to undertake modelling studies on behalf of RRM as part of a draught improvement programme on the Hooghly Estuary, which gives access to the Indian port of Calcutta. At the moment, sediment build up is making it virtually impossible for major vessels to access the ...
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NewsTallinn's expansion plans still on track
The Port of Tallinn has signed a ¢ 40m ($50.7m) loan agreement with the European Investment Bank (EIB) on what port spokesperson Sven Ratassepp described to Port Strategy as "highly favourable rates" and hopes to have additional funding in place by the end of the second quarter.
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NewsPaita concessioning
One of Peru''s leading logistics companies has confirmed its interest in the concessioning of Paita, as signals emerge of accelerated port reform.
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Cargill remains at Santos
Cargill has been given permission to continue exporting soya, millet and derivatives from its grain terminal in the port of Santos despite its concession having expired.
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NewsGladstone mass job creation confimrs positive undertones
Australia''s Gladstone Ports Corporation has bucked the "recession" trend by creating new job positions in its own organisation and also stimulating employment opportunities in its wider Queensland hinterland.
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Congestion still rampant in Nigerian ports
Nigeria''s Ministry of Transport has set up two task forces to reduce port congestion.
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Suez terminal rises 34% in 2008
Suez Canal Container Terminal has recorded growth of over a third for the second year running.
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GTI now India's leading container terminal
Gateway Terminals India (GTI) has overtaken the DP World-owned Nhava Sheva International Container Terminal to become India''s leading container handling facility.
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Rio Tinto abandons Uruguay terminal
Rio Tinto has suspended its project to build a new iron ore port at Agraciada in Uruguay.
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NewsCall to delist Northern port
Northland Port Corporation chairperson Mike Daniel believes the Northland Regional Council should buy back all port shares and take the company off the stock exchange.
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3i eyes Indian development
The global equity company 3i has been linked with a $163m investment in a major new container terminal project in the Indian port of Krishnapatnam. This is being developed by the CVR group, which will cede an undisclosed equity stake to the investor.
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Lisbon sheds area
Lisbon Port authority has been given approval to decommission parts of the port that no longer have any recognised use. These will be returned to the state and redeveloped.
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Costa Rican container terminal tender issued
A total of 11 international companies are interested in the 50-year concession being offered for the construction and management of a new container terminal on Costa Rica''s Caribbean coast. The project will cost $900m, of which $600m will be for infrastructure work.
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Chinese bankroll Nouakchott
The Chinese state is to provide $287m in investment to triple capacity at the port of Nouakchott in Mauritania. This will fund construction of a new, 900-metre long quay.
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New Chinese river port
The Chinese River port of Chongqing is building a new 10-berth container terminal which will occupy an area of eight square kilometres. Its location is some 18 kilometres from the city centre.
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NewsTories plan to "scupper" backdated ports rates
UK port businesses campaigning against massive backdated business rates bills have received an important boost from the Conservative Party, which has announced it will use the parliamentary process in an attempt to "scupper Gordon Brown''s ports tax".
