World News – Page 389
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Dalian IPO mooted
Dalian Port Company Ltd is considering the possibility of an initial public offering in 2009 to finance capacity expansion involving the construction of 12 additional oil storage tanks with a combined capacity of up to 1.2m tonnes.
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Tarifa expansion plan
Algeciras Bay Port Authority is to invest ¢ 200m ($290m) in the expansion of Tarifa Port, of which ¢ 150m ($217.7m) will be spent on infrastructure work and ¢ 50m ($72.6m) on a passenger terminal. The port will also have a direct connection to the planned A-48 motorway.
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Apapa crane tragedy kills four
A fatal dockworker tragedy at an Apapa port terminal has turned the spotlight on to concessionnaire ENL Consortium.
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Hai Phong new wharf
The Vietnamese port of Hai Phong has begun work on a $31m wharf in the Dinh Vu Industrial Zone. This forms part of a 139,000 sq m development which aims to service import-export companies.
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DP World paves the way for Algeria persence
There is little doubt that DP World is very interested indeed in developing a major new terminal in Algeria. In August 2007, Jamal Majid bin Thaniah, company president and chief executive of Dubai Port and Free Zone, indicated a willingness to negotiate with Algerian authorities on the privatisation of container ...
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Chasing containers
Spain''s enclave ports are following the same well-trodden path as other Maghreb ports, as Alex Hughes explains
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Damietta invests $680m
The Egyptian port of Damietta is to invest $680m to improve existing installations and construct new quays to boost capacity to 4.5m teu.
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Dalrymple delays sting BBI
Babcock and Brown Infrastructure (BBI), owner of the giant Dalrymple Bay Coal Terminal (DBCT) in northern Queensland, reported a net loss of A$14.6m (US$13.6m) in the six months ending December 31, compared with a profit of A$23.4m (US$21.9m) for the same period last year.
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Mexico five-port plan too little, too late
As part of a $2bn investment programme, Mexico has confirmed plans to build five new ports in 2007-2012 to add to the existing 16 major hubs.
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Mahgreb article
Morocco''s Tanger-Med has thrown the delicate equilibrium in North Africa. What will it take to redress the balance, asks Alex Hughes
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Valencia keeps up investment programme
In 2007, Valencia Port Authority invested more than ¢ 128m ($185.7m) in infrastructure upgrades and it plans to spend a further ¢ 150m ($217.7m) on average a year for the next two years. ...
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Chinese ports post record numbers
China''s Ministry of Communications has revealed that in 2007 Chinese ports handled a combined 112.7m teu, while total throughput amounted to 6.4bn tonnes. China now has 14 ports each handling 100m tonnes, which is more than any other country in the world.
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Marseilles oils the wheels of export
France''s Port of Marseilles is adding to its oil export capabilities with the construction of a ¢ 200m ($294m) refined products depot at its Fos terminal.
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Atkins wins China design bid
Atkins' holistic design beat off international competition to winThe project - to be built on Mei Shan Island, near Ningbo - will include a manufacturing zone, business, research and design districts, and leisure facilities.
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Civitavecchia green light
The Italian government has approved a project covering the development of the port of Civitavecchia, which involves finance of ¢ 71.5m ($103.8m). Work includes construction of an additional 400 metres of quay and the building of a new ro-ro terminal.
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Indonesian portal simplifies imports
Tanjung Priok Port in Jakarta has introduced a ''National Single Window'' scheme.
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JPC development plan
Jordan Ports Corporation has announced a three-year, $69m development plan involving upgrades to infrastructure, construction work, quay rehabilitation and improvements to dock services. In 2007, Jordan''s ports handled 17.8m tonnes, a 4% improvement over the previous year.
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TIDE seeks government help
The director of Terminales del Ecuador Paul Gallie has asked the government to eradicate some of the obstacles that could deter shipping lines from calling at the port of Manta.
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US Ports must prepare for Panama traffic
Panama Canal executive Rodolfo Sabonge has stressed the need for US ports to be ready for "larger and bigger" ships on the back of the Canal expansion work currently underway.
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VTE descending into chaos
Genova Port Authority is threatening to take emergency measures to resolve the grave operating crisis which is threatening activities at the Voltri Terminal Europa (VTE) container handling facility.