World News – Page 402
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Vietnam confident on 2008 port success
The head of Vietnam's Maritime Administration believes that 2008 will be a banner year for the country's ports following an injection of investment capital.
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EIB funds Rotterdam expansion
The European Investment Bank has granted a ¢ 900m ($1.3bn) loan to the Port of Rotterdam to finance infrastructure expansion. The financing contract for the first ¢ 100m ($145m) has already been signed.
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Ten JVs in Longkou
The Chinese port of Longkou has increased throughput in the last five years from 6.2m tonnes to 25m tonnes. Ten private investment and corporative agreements have been reached with more than 10 shareholders in areas such as containers, liquid and dry bulk.
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NewsHutchison Moves INto Brisbane
A formal agreement has been signed by Hutchison Port Holdings (HPH) to lease two new container berths (Berths 11 and 12) from the Port of Brisbane Corporation (PBC).
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Plans for an A$1bn (US$896m) ocean terminal at Townsville have moved closer with the release of an environmental impact statement. The development includes construction of a terminal with international-standard cruiseship facilities, and residential and marina precincts. Construction could begin this year and be complete in 2010.
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Kaohsiung commitment
Evergreen Marine Corp (Taiwan) has extended its lease on its Container Terminal No 4 facility (Piers 115 and 116) in the Port of Kaohsiung for a further 10 years to February 2018.
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NewsTransnet invests for the future
South Africa''s port controller Transnet has been pumping investment into a wide range of projects. Port Elizabeth, which can nowadays handle up to 500,000 teu annually, will soon be able to count on additional capacity at the neighbouring port of Ngqura, which serves the surrounding Coega industrial complex.
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NewsWhat price Maersk?
APM Terminals'' virtual monopoly of west African concessions - Apapa and Onne (Nigeria), Abidjan (Ivory Coast), Luanda (Angola) and Tema (Ghana) - has only been recently broken following the decision by Senegal to award DP World the container concession for Dakar.
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NewsBARRY PARKER New initiatives in North American port funding
Politicians are coming at the US congestion crisis from a number of angles. But will there be a workable solution offered asks Barry Parker
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Kalmar Eastern coop
Port equipment specialist Kalmar has confirmed an order from PSA Singapore Terminals for in excess of 200 terminal tractors to be delivered this year.
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Guaymas build avoiding road
Mexico''s Guaymas Port Authority in cooperation with its municipality is to invest $1.1m on building a new road that will divert heavy goods traffic from the port away from the city centre.
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Euromax on autopilot
Netherlands-based software provider TBA has successfully concluded the first phase of testing of Euromax terminal''s automated cargo handling equipment fleet. After the trial, TBA''s automated fleet management system TEAMS was able to remotely control the movement of the Euromax fleet of twenty-eight Automated Guided Vehicles.
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Trinidad's iron grip
Trinidad''s state-owned National Energy Corporation NEC has started construction of a $105m terminal to handle an estimated 4m tonnes of iron ore and 3m tonnes of hot bricketted iron (HBI) and other downstream products each year once it opens at the end of 2009.
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Indonesia urged to up marine investment
The Indonesian Maritime Council has advised the government that its maritime sector could contribute $150bn to the country''s annual income if it is correctly developed. However, it has advised that this can only be achieved if there is a change of focus from land to sea.
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Tideworks take on BCT
Poland''s Baltic Container Terminal has upgraded its terminal operating system to improve efficiency. The new Tideworks System replaces BCT''s old system, which was installed in the late 1990s.
