World News – Page 375
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Container slowdown small help to capacity crunch
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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NZ snippet articles (Nov 2008)
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.
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Bribery rampant in Ghana's ports
Ghana''s Minister of Ports, Harbours and Railways has conceded that there is massive bribery, pilfering and corruption in the local ports industry.
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Nantong stake sold
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.
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Booking for Bledisloe
After successful implementation at the Axis Fergusson Container Terminal, Ports of Auckland''s vehicle booking system is now being introduced to Axis Bledisloe.
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Mackay coal pledge
The Queensland government has promised residents of Mackay that the port will not be used to export the region''s large reserves of coal. Instead, the exports will be channelled via the existing coal specialist ports of Hay Point, Dalrymple Bay and Abbott Point. Local residents have been concerned at the ...
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Berth number eight for Virtsu
Two Estonian construction companies have signed a ¢ 5.05m ($7.2m) agreement to build Berth 8 at the port of Virtsu. The contract for a 160 metre long quayside, alongside draft of seven metres and construction of a 280 metre access road is scheduled for completion in October 2009.
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Underinvestment in developing world ports exacerbating container downturn
Drewry Shipping Consultants latest container market review has painted a bleak picture of short term prospects for lines and ports.
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3i eyes south India
The 3i Group is apparently considering investing up to $219m for a 26% stake in a southern Indian port operator, believed to be Krishnapatnam Port Company, which is developing a deepwater port in Andhra Pradesh.
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Biggest mobile crane in Europe
The largest mobile harbour crane in Europe has been delivered ready-for-use to RHB, the stevedoring and warehousing company, at Waalhaven North Side 4 in Rotterdam.
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ICTSI bags Brunei concession
Philippine port darling International Container Terminal Services Inc (ICTSI) has won its tender to build and operate a container terminal in Brunei, according to local reports.
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Mombasa tackles congestion head on
Kenya''s key port of Mombasa is winning the battle against port congestion after enforcing 24 hour operations.
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BMT points the way for Riga
The Port of Riga, Latvia, has appointed BMT Transport Solutions to assist in its development strategy. This strategy will consider issues such as cargo flow, financial forecasts, and the European Union policy on intermodality as well as community impact, encouraging ecologically clean cargo and ensuring technical capacity within the port.
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Russia upgrades Baltic ports
More than $2bn will be invested in container and ro-ro facilities at Russia''s Baltic ports over the next four years. At present, a significant proportion of this traffic passes through ports in Finland or the Baltic states. The extra investment, it is hoped, will redress the balance.
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Limón concession desperately needed to boost efficiency
Costa Rica''s Atlantic Port Authority (Japdeva) is seeking to implement privatisation of Limón Port by the end of the current year to improve the short term outlook for the port.
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Delay in El Salvador privatisation
A two-month delay in privatising El Salvador''s La Unión-Acajutla port system, after one of the parties in the ruling coalition raised serious objections to bidding rules, has pushed the tender back to mid-October.
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SA Ports' New Technology Goes Live
A cutting-edge automated gate is now in operation at the Pier 1 Container Terminal in Durban.
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Skills shortage in South African ports
Implementation of a $1.24bn expansion project by South Africa''s Transnet Port Terminals is being hampered by a critical skills shortage.
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Vietnamese dredge nod
The Vietnamese government is to go ahead with a dredging programme at the Dinh An estuary to allow 10,000 dwt vessels to access the port of Can Tho. The cost of the project will be $14.9m and work, deepening the draft to 5.5 metres, will take three months to complete.
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Sydney turns back on state intervention
Stevedores in Sydney are nonplussed by the intention of their state government to introduce further regulatory controls on ports.