World News – Page 369

  • Port Strategy: protestors are against Tenerife's Santa Cruz port project. Credit: ACFI Press
    News

    Port protester take to the streets

    2009-03-18T12:24:00Z

    Green demonstrators keen to halt development of Tenerife's Granadilla port marched through the streets of Santa Cruz in protest - but estimations of numbers involved vary wildly.

  • Port Strategy: Bristol is looking to partner APM in box terminal project
    News

    APM Terminals declares Bristol interest

    2009-03-18T12:24:00Z

    APM Terminals and Bristol Port Company are in negotiations to jointly develop a new container terminal. This will be able to handle 1.5m teu.

  • Port Strategy: Hutchison has abandoned its Manta hub dream
    News

    HPH abandons Manta and $20m investment

    2009-03-18T12:24:00Z

    Hutchison Port Holdings has walked away from the $525m Manta container terminal (TIDE) facility in Ecuador after investing an estimated $20m in the project.

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    Cameroon builds iron ore export terminal

    2009-03-18T12:24:00Z

    The government of Cameroon has given the green light for a $160m iron ore export terminal. This will have a 22-metre long berth and be able to accommodate vessels of up to 250,000 dwt.

  • Port Strategy: Maersk may be interested in a higher stake in the terminal
    News

    Maersk still wedded to PTP

    2009-03-18T12:24:00Z

    The Maersk Shipping Line has revealed that it retains a "keen interest" in the Malaysian Port of Tanjung Pelepas, where it controls a 30% equity stake.

  • Port Strategy: KFT will be able to handle an extra 1m teu by the end of June
    News

    Gulftainer increases capacity

    2009-03-17T12:24:00Z

    Gulftainer, operator of the container terminals at Sharjah (SCT) and Khorfakkan (KFT), is to boost combined capacity to 4m teu by the end of this year.

  • Liebherr_Montreal.JPG
    News

    Liebherr grows its Montreal family

    2009-03-17T12:24:00Z

    Liebherr has recently completed the supply of two 16-wheel rubber tyred gantry cranes (RTGs) to Cerescorp''s Termont Terminal in Montreal, Canada. This brings the number of Liebherr cranes at the terminal to eight.

  • Port Strategy: APMT boss Kim Fejfer believes the slower market could be good for the overheated ports market
    News

    Downturn "blessing in disguise"

    2009-03-16T12:24:00Z

    The global economic downturn could be a "blessing in disguise" for the port industry and investors in the industry, according to APM Terminals chief executive Kim Fejfer.

  • Port Strategy: strong figures keep Amsterdam smiling
    News

    Strong Amsterdam figures re-affirm need for second lock

    2009-03-16T12:24:00Z

    The urgent need for a second large sea lock in Ijmuiden is making itself felt ever more acutely, according to Port of Amsterdam chief executive Hans Gerson.

  • Port Strategy: Virgina's ports are the subject of an unsolicited privatisation bid
    News

    U.S. Port Infrastructure- Return of PPP

    2009-03-16T12:24:00Z

    While considerable buzz surrounds potential infrastructure investment by the US Federal Government, a record-sized privatisation transaction may be in the offing, perhaps part of a broader  resurgence of public-private-partnerships in the US for facilities already in operation.

  • News

    Madryn traffic down

    2009-03-16T12:24:00Z

    The southern Argentinian port of Madryn has suffered significant reduction in the export of many of its core products: aluminium, fish, wool, stone and ceramics. Port workers are worried that high charges are forcing exporters to switch cargo to Santa Cruz and Deseado ports. Madryn also suffers from high labour ...

  • Port Strategy: a third of all shipping lines could slip away
    News

    A third of shipping lines face bankruptcy

    2009-03-16T12:24:00Z

    Experts in the Far East have suggested that more than one third of the current number of shipping companies may go bankrupt in 2009, because of the global economic downturn.

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    Strong volumes from Canada's princely port

    2009-03-15T12:24:00Z

    Canada''s Port of Prince Rupert sidestepped the global economic slump to record a "moderate" increase in traffic in 2008.

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    New Colombian coal port planned

    2009-03-14T12:24:00Z

    Glencore and nine Colombian coal mining companies are planning to build a new port in the north of the country costing $1bn and capable of exporting 60m tonnes of coal annually.

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    Nice for SA

    2009-03-14T12:24:00Z

    South Africa''s Transnet Port Terminals has opted for NICE surveillance equipment to improve security at its ports and ensure compliance with country''s infrastructure regulations.

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    Mexican tenders must comply with national strategic plan

    2009-03-13T12:24:00Z

    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.

  • News

    Buenaventura competition threat

    2009-03-13T12:24:00Z

    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.

  • News

    New Cambodian port

    2009-03-12T12:24:00Z

    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.

  • News

    Three Indian PPPs

    2009-03-12T12:24:00Z

    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).

  • Port Strategy: Tallinn secures funding for expansion
    News

    Tallinn's expansion plans still on track

    2009-03-11T12:24:00Z

    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.