World News – Page 40
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Hutchison Adds Two Concessions in Egypt
Hutchison Ports has signed two new concessions for container terminals with the Egyptian Government, one in Ain Sokhna Port and the other in El Dekheila Port.
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Simandou Ore Project: From Stop To Start Again!
A deal has been concluded that will get work moving again to unlock the world’s largest untapped iron ore deposits at Simandou, Guinea.
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Japan Funds Cambodia Container Terminal
Japan has recently agreed a US$300 million loan to develop a new container terminal at the Port of Sihanoukville, Cambodia.
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Til Spending Spree Rolls Into Rotterdam
Terminal Investments Limited (TIL), the terminal division of MSC, is continuing its spending spree on securing new container terminal capacity with the announcement of the development of a new mega-terminal in Rotterdam in conjunction with Hutchison Ports, which will eventually offer a capacity of up to seven million TEU per annum.
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VOC Port Award
The V.O. Chidambaranar (VOC) Port Authority has confirmed a new concession agreement has been signed with Tuticorin International Container Terminal Private Limited (TICTPL) to convert Thoothukudi Port’s Berth No 9 into a 600,000TEU/yr container terminal.
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APM Divests GPI
APM Terminals (APMT) has entered into an agreement to sell its 30.75 per cent shareholding in Global Ports Investments (GPI), the Russian ports business, to its long-established partner Delo Group.
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RTGs for GPA
The Georgia Ports Authority (GPA) is buying a further 12 Konecranes Rubber-Tyred Gantries (RTGs) for the Port of Savannah, GA.
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Hub to fuel service changes?
The new hub port of Chancay could open the door to substantial changes on how liner operators serve WCSA. Rob Ward unveils the thinking
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STS10 When?
STS10, the planned new Santos mega-terminal, will not now be offered for concession until after the privatisation of the Santos Port Authority with the whole process subject to the outcome of Brazil’s upcoming presidential elections for which the first round of voting is scheduled to take place in early October.
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USA Rail Funding
In a move welcomed by US railroad operators, The US Department of Transportation (USDOT)…
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Kalmar Expansion…
Kalmar has confirmed that it is upgrading and expanding its manufacturing plant in Ottawa, Kansas, in a deal worth close to US$21.5 million.
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Paita’s agri-product play
The northern Peruvian port of Paita is making its mark in the agri-products export business and there are expectations of even better things to come. Rob Ward reports
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APMT takes a slice of EAS
News that APM Terminals is taking over 30 per cent of a failed shipyard in Suape came as a big surprise. Rob Ward looks at the implications
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Port triples economic impact
Alabama’s port triples in economic impact in two years, doubling the number of jobs at the port
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Safety investment pays off
An €80 million investment in safety has seen the risk of injury at DP World’s European terminals drop by 40%
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St Lucia cruise concession
GPH is to provide cruise operations along with an upgrade of port facilities in St Lucia
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Second round of Liverpool strikes
Workers at the Port of Liverpool are to walk out for a second time
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Romania terminal 50% complete
DP World’s new terminal will enable Romania to become a commercial hub for European trade eastward
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South African port strikes
Transnet has agreed a pay deal with majority union in South African port strikes