World News – Page 374

  • News

    Major investment for Freeport

    2008-10-27T12:24:00Z

    Freeport Container Terminal in the Bahamas is to undertake an upgrade programme costing $300m.

  • News

    Demonstrators close Bangkok

    2008-10-27T12:24:00Z

    Pro-democracy demonstrations in Thailand have begun to impact negatively on the nation''s ports. Bangkok has in recent months already suffered a complete one-day shutdown due to agitation from anti-government protesters, prompting prompted shipping lines to divert cargo to Laem Chabang.

  • News

    Maersk downsizes at Kaohsiung

    2008-10-26T12:24:00Z

    Maersk has slashed the number of containers it handles at Kaohsiung by 20%, less than the rumoured 50% reduction. The company will no longer call at berths 118 or 119, instead transferring containers to berth 75, adjacent to berths 76 and 77, where the company handles the majority of its ...

  • News

    Melbourne record

    2008-10-26T12:24:00Z

    Melbourne has set a new Australian record for box movements, handling over 6,600 containers a day in August. Total container throughput for the month was a record 205,066 teu, 13% up on the previous record of 202,397 teu in October 2007

  • News

    Boskalis serious about Smit

    2008-10-25T12:24:00Z

    Boskalis is to make an all-share offer for maritime services company Smit. After its earlier ¢ 1.1bn ($1.48bn) bid for the company was rejected, it increased its equity stake in Smit from 6.7% to 10.5%, allowing it to call an extraordinary meeting of shareholders to discuss a new bid.

  • Port Strategy: Colombian ports, such as Cartagena, might see concession terms overhauled
    News

    Attorney general challenges Colombia's concessions law

    2008-10-25T12:24:00Z

    Colombia''s attorney general has asked the Constitutional Court to make changes to the law granting port terminal concessions.

  • Port Strategy: Israel's ports, including Eilat (pictured), have been crippled by strikes
    News

    Israeli courts order strikers back to work

    2008-10-24T12:24:00Z

    Striking Israeli port unions are the subject of legal action being taken by the Manufacturers'' Association and the Chambers of Commerce, who claim that strike action is in contempt of court.

  • News

    Challenge for UK rail?

    2008-10-24T12:24:00Z

    While the north of the UK will see the opening of the Northern Gateway Container Terminal at Teesport in 2011 with a container capacity of 1.5m teu, the capability of the surrounding rail infrastructure may not be up to the job, according to Martyn Pellew, group development director for PD ...

  • News

    Brazlian operator halts investment

    2008-10-24T12:24:00Z

    Brazil''s LLX Logistica  has decided to suspend investments in the Port Brasil  terminal project  in  Peruibe municipality, Sao Paulo,  the company said in a press release.

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    News

    No end in sight for US West Coast ports malaise

    2008-10-24T12:24:00Z

    Plummeting volumes at US West Coast ports could be the precursor to long term erosion of the US Pacific coast shipping dominance, according to Drewry Shipping Consultants.

  • News

    Western Mediterranean side

    2008-10-24T12:24:00Z

    Larger, newer terminals in the western Mediterranean are helping to address an issue that should be of concern to all terminal operators - how to rationalise the speed of growth in ship capacity with that of the terminals they must use.

  • News

    ABP backs clients in UK ratings row

    2008-10-23T12:24:00Z

    The property revaluation that looks likely to add millions to rate bills for ABP clients at Hull has hit the port company just as hard, said Matt Jukes, Port Director at Hull and Goole.

  • News

    Western Mediterranean shorts

    2008-10-22T12:24:00Z

    Italy''s largest seaport is poised to become even more significant with the announcement of European funding to develop a liquefied natural gas terminal with an annual capacity of 1.2m cu m.

  • News

    China Shipping terminal shift

    2008-10-20T12:24:00Z

    China Shipping Container Lines is to assume control of China Shipping Terminal Developer from its parent company, the China Shipping (Group), for $380m. This company manages ports both within China and overseas.

  • Port Strategy: TTI Algeciras is all set to build and run Algeciras' third container terminal
    News

    Western Mediterranean review

    2008-10-20T12:24:00Z

    The western Mediterranean is undergoing a metamorphosis and not all ports will survive the transformation, as Stuart Pearcey reports

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    News

    UK rating agency forced to explain backdated rates fiasco

    2008-10-16T12:24:00Z

    The UK''s Valuation Office Agency (VOA) came under fire in a heated parliamentary committee meeting in London yesterday for its "completely unacceptable" enforcement of backdated business rates on UK port occupiers without adequate consultation.

  • Port Strategy: a brief respite for the container capacity crunch
    News

    Container slowdown small help to capacity crunch

    2008-10-16T12:24:00Z

    Drewry Shipping Consultants has provided a brief oasis of hope for container terminals in an otherwise parched industry in its annual global container terminal operators review.

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    News

    NZ snippet articles (Nov 2008)

    2008-10-16T12:24:00Z

    New Zealand port company directors and shareholders need to take a wider view of the potential value and efficiencies that could be secured via combinations and mergers, according to South Port chairperson John Harrington.

  • News

    Bribery rampant in Ghana's ports

    2008-10-14T12:24:00Z

    Ghana''s Minister of Ports, Harbours and Railways has conceded that there is massive bribery, pilfering and corruption in the local ports industry.

  • News

    Nantong stake sold

    2008-10-14T12:24:00Z

    State Development and Investment Corporation subsidiary SDIC Communications plans to sell the 12.32% stake it holds in Nantong Port Group Company. The other two shareholders in the company have first refusal in acquiring the stake.