World News – Page 374
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Rio Grande to deepen access channel
Brazil''s Special Secretariat of Ports (SEP) has published a tender in respect of the deepening of the access channel at the Port of Rio Grande. Investment will be $84m, of which $63m will come from the federal government and $21m from the state government.
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CMH announces cut backs
China Merchants Holdings (International) is to cut back plans to develop terminals and also possibly adjust capital expenditure as the economic downturn begins to impact in China.
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NewsBoost for Gdansk
The Polish deepwater container terminal DCT Gdansk has boosted its handling capabilities with the commissioning of three new Liebherr rubber-tyred gantry cranes (RTGs).
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Currency slump hit Paranaguá
The Brazilian port of Paranaguá reported a worse performance in 2008 than in 2007, blaming a decrease in the price of maize in world markets which reduced exports, and a devaluation of the real against the dollar that made imported fertiliser too expensive. However, the rising price of soya in ...
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NewsDublin and Algeria plan on Liebherr
As part of port expansion plans, Portroe Stevedores Ltd has taken delivery of six Liebherr rubber-tyred gantry (RTG) cranes for the Port of Dublin, Ireland.
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Congestion mounts at Lagos
At the end of December, the Nigerian Minister of Transport gave the Nigerian Ports Authority just two weeks to find solutions to congestion stalling operations at ports in the Lagos area.
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International interest in San Antonio
According to San Antonio Port Company (EPSA), several global stevedoring groups have expressed an interest in the 30-year concession to build and operate the new Costanera terminal at the port. With an forecast investment of $400m in new infrastructure, EPSA estimates that an award will be made in the third ...
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NewsCrane corners deep sea shipping
A new ship-to-shore gantry crane has arrived at the Port of Liverpool for the Royal Seaforth Container Terminal where berthing for deep sea ships is to be increased by a third.
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NewsRiga projects
The Port of Riga saw volumes increase by 13.8% to 21.9m tonnes in the first nine months of this year. The increase reflected growing volumes in dry bulks, mostly coal but also sugar, cereals, peat moss and ore, says a port spokeswoman.
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NewsKlaipeda cargo record
The Lithuanian port of Klaipeda handled a record 27.36m tonnes last year (2007), an increase of almost 16% on 2006. At the time of writing, the forecast was another 10-15% increase for 2008, to over 30m tonnes.
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NewsShare swap-shop for HPH
A giant share swap-shop has been taking place between Hutchison Port Holdings (HPH), Nippon Yusen Kabushiki Kaisha (NYK), and the Evergreen group.
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NewsBusan committed to global programme
Bucking the trend, Busan Port is to globalise its operations in the face of the economic slowdown.
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Tallinn investments
The Port of Tallinn has set itself strategic goals for its three major business lines - cargo handling, passenger transport and real estate development.
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Salalah expansion signs up tractors
Kalmar has been awarded a contract to supply 42 Ottawa 4x2 terminal tractors for the expansion of the Port of Salalah, located in the southern region of Oman.
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NewsPeru Ports Concessioning
Strong signs are emerging of a shake-up in Peru''s ports sector with the Prime Minister Yehude Simon stating that the government plans to prioritise ports, especially concessioning.
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Pimental woos Americans
US investors have shown great interest in financing the improvement of Pimentel port in the northern Peruvian city of Chiclayo, local mayor Roberto Jacinto Purizaca has said.
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Tuxpan to go ahead
The Mexican deep water Port of Tuxpan will definitely go ahead at a cost of $280m. Finance will come from a consortium of ports and industrial parks, as well as from the Spanish company Prointec and the government of Veracruz state.
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Seagirt terminal upgrade
Maryland Port Authority has hired consultants to identify potential bidders interested in spending $100m-$120m on boosting capacity at the Seagirt Marine Terminal in return for a lease agreement.
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Auckland revaluation
"Competitive" trading conditions have seen Auckland Regional Holdings drop Ports of Auckland''s book-value from NZ$587.8m (US$323.4m) to NZ$495.7m (US$272.7m). The Auckland Regional Council subsidiary also expects a NZ$24.3m (US$13.4m) dip in the port''s dividend yield over the next three years and NZ$100m (US$55m) drop over 10 years.
