World News – Page 368

  • News

    Green steel terminal

    2008-09-08T12:24:00Z

    Brazil''s National Steel Company is to open its own private terminal in the Port of Suape, which will handle 2m tonnes of cargo annually. The facility will be uniquely self-sufficient in electricity production.

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    News

    Containers and cruise ambitions

    2008-09-08T12:24:00Z

    Container transhipment and cruise are the two sectors concentrating minds at the Indian Ocean islands'' ports. Felicity Landon reports

  • News

    Payout for Manzanillo

    2008-09-07T12:24:00Z

    The Euro Oslo container vessel that crashed into Quay 3 at Colon container terminal in Manzanillo Bay in Panama has agreed to pay $10m in compensation to the Port Company.

  • News

    Luanda port loan nod

    2008-09-07T12:24:00Z

    The African Investment Bank has granted a loan of $45m to Sogester, which has been put together by APM Terminals (51%) and Gestão de Fundos (49%) to open a new container terminal in the Angolan port of Luanda.

  • News

    Darwin study planned

    2008-09-06T12:24:00Z

    The Australian Federal Government is to commission two studies, worth A$3.2m ($28.1m), into the port of Darwin''s potential for expansion. One study will look at deepening the port, while the other will investigate berth expansion.

  • News

    Russia-North Korea tie-up

    2008-09-06T12:24:00Z

    State-owned Russian Railways has set up a joint venture with the North Korean government to build a container terminal at the port of Rajin, as well as modernising the port''s rail link. The terminal is expected to handle up to 400,000 teu/year.

  • News

    Israel workers' share

    2008-09-05T12:24:00Z

    Trade union representatives of Israeli port workers have suggested that the government could put together a sweetheart stock deal for its members as part of the planned privatisation of Haifa and Ashdod, which is slated for completion by 2020.

  • News

    Near-miss at Taranaki

    2008-09-05T12:24:00Z

    Severe weather snapped a mooring line on the vessel Pacific Warlock berthed at Port Taranaki, catapulting a 30-kilogramme steel ring past the port control security room and into a nearby SUV

  • News

    Buenaventura terminal

    2008-09-05T12:24:00Z

    The Colombian port of Buenaventura has begun construction of a dedicated container terminal, TCBUEN, which will occupy a 164,000 sq m area on the banks of the river Aguacate, some 2.4 kilometres from existing installations operated by SPRBUN.

  • News

    SIPG Taichang link

    2008-09-04T12:24:00Z

    The Shanghai International Port Group has been linked to a container terminal development project in the port of Taichang, which reported throughput last year of 1m teu. Growth of 60% has been reported for the first six months.

  • News

    North east cash injection

    2008-09-03T12:24:00Z

    The Modernisation and Revitalisation Department of Brazil''s Ports Secretariat has confirmed that ports in the North East of the country are going to receive major investment to fund large modernisation projects.

  • News

    Karnataka's minor port focus

    2008-09-03T12:24:00Z

    India''s Karnataka state government has announced a policy of developing minor ports by using private sector participation. Build-operate-transfer contracts are to be made available to interested developers.

  • News

    Diamond loses its sparkle

    2008-09-03T12:24:00Z

    The cost of building a 1.6m teu capacity container terminal at Diamond Harbour, 40 kilometres downstream from Calcutta, has doubled to $292m.

  • News

    Gladstone deals with dust

    2008-09-02T12:24:00Z

    Gladstone Ports Corporation is to invest A$2.4m ($2.1m) in wind barriers around its coal stockpiles in an attempt to reduce dust escaping into the surrounding community.

  • News

    Peru concession typo

    2008-09-02T12:24:00Z

    The Peruvian government has reduced planned concession periods for port terminal operators from 60 years down to 30 years, blaming a typing error for the initial published figure.

  • News

    DP Wold injects cash into Brisbane concession

    2008-09-01T12:24:00Z

    DP World will spend A$250m ($219.4m) upgrading its Brisbane terminals after signing a 40-year lease agreement with the Port of Brisbane Corp.

  • News

    APM abandons Kaohsiung terminals

    2008-09-01T12:24:00Z

    Kaohsiung Harbour Bureau has revealed that APM Terminals is to abandon one of the two container terminals that it operates at the port.

  • News

    China port deal

    2008-09-01T12:24:00Z

    Chinese port operator Chongqing Gangjiu is to acquire the port assets of its parent company for $218m. The move is aimed at strengthening its finances and improving its profitability.

  • News

    FESCO Vladivostok deal

    2008-08-31T12:24:00Z

    FESCO transport group has acquired a 50% stake in Vladivostok Container Terminal, which it picked up after acquiring all of the shares of the National Container Company from the N-Trans group. The deal was worth $200m.

  • News

    Nigerian concessionaires demand surcharge

    2008-08-31T12:24:00Z

    Port concessionaires in Nigeria believe that they should be receiving the 7% surcharge levied on imported items that the government set up to develop port infrastructure.