World News – Page 429

  • News

    INDIAN MINOR PORTS BOOST

    2007-01-01T16:26:00Z

    As part of India''s National Maritime Development Programme,¢ 89m is to be invested in a number of projects at minor ports. India has 12 major ports and 185 minor ports, although only a few of these latter facilities are open year-around.Nevertheless, this group handles 25% of all traffic, amounting to ...

  • News

    TUTICORIN SECOND BOX FACILITY

    2007-01-01T16:26:00Z

    Tuticorin has been given permission to convert its number eight berth into a second container terminal on a build-operate-transfer basis. Five companies, including PSA-Sical and DP World, are in the running for the ¢ 25.93m project.

  • News

    GULFTAINER IN PAKISTANI JV

    2007-01-01T16:26:00Z

    Sharjah-based Gulftainer has agreed a joint-venture with the Pak Shaheen Group of Karachi to bid for logistics and transport contracts in Pakistan.

  • News

    Crane chaos in Chittagong

    2007-01-01T16:26:00Z

    Four new gantry cranes operated by Chittagong Container Terminals are being underutilised because of the non-corporation of stevedores and also because of the lack of coordinated back-up services.

  • News

    Indonesia initiates new infrastructure projects

    2007-01-01T16:26:00Z

    The government of Indonesia is seeking to raise almost ¢ 600m to build what will become the country''s largest port in Banten province. Eight international investors and eight located locally have submitted letters of interest for a contract involving a joint-venture with the port.

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    News

    Busan to open new berths

    2007-01-01T16:26:00Z

    Three new berths are expected to open at the South Korean port of Busan this month. Doubling existing capacity to 2.4m teu, these berths will be operated by Pusan Newport Company, in which DP World is a major shareholder.

  • News

    Penang invests in port growth

    2007-01-01T16:26:00Z

    Penang Port in Malaysia is to invest $277.78m over the next five years in infrastructure upgrades.

  • News

    DP World steps back from Pakistan

    2007-01-01T16:26:00Z

    DP World has rather surprisingly withdrawn from the bidding process at Pakistan''s Gwadar port. Publicly, it claims this was done for commercial reasons, although there were serious concerns in India about the company''s presence in neighbouring Pakistan given that DP World also manages several terminals in India.

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    Sri Lanka kicks off record expansion plan

    2007-01-01T16:26:00Z

    An official inauguration has launched Sri Lanka''s largest infrastructure project to date, with plans to construct four container terminal berths in the coming years.

  • News

    Busan ditches container tax

    2007-01-01T16:26:00Z

    Busan has scrapped an unpopular container tax, six years after it originally expired. Busan Metropolitan City imposed the $21.56/teu container tax in 1992 in order to fund road construction at the port.

  • News

    Gujarat identifies new port sites

    2007-01-01T16:26:00Z

    The government of the Indian state of Gujarat has identified Cambay,Mahuva and Sutrapada as new port development sites, as throughput at existing local ports grew by 11.2% to 108m tonnes in 2005-06. 

  • News

    PSA seals Chennai box contract

    2007-01-01T16:26:00Z

    PSA Sical has been sent a letter of intent by Chennai Port Trust in respect of the concession to run a second container terminal.

  • News

    Zeebrugge lures the big boys

    2007-01-01T16:26:00Z

    Samskip and terminal operator PSA HNN have announced that they are to cooperate in the development of the Port of Zeebrugge as an important hub for shortsea container activities in Northern Europe.

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    Europe's port powerhouse

    2007-01-01T16:26:00Z

    As Antwerp looks to cash in on a regional capacity deficit, Rotterdam gets the all-important go-ahead for its long term expansion

  • News

    A hive of Activity

    2007-01-01T16:26:00Z

    Across the Port of Rotterdam there are nearly 50 major development projects either under way or close to starting, including two liquefied natural gas (LNG) terminals, four electricity plants and eight new terminals for a variety of commodities.

  • News

    Maasvlakte 2 in figures

    2007-01-01T16:26:00Z

    Maasvlakte 2, Rotterdam''s new port and industrial zone, is to be built right on the North Sea.Development is expected to take place over the next 20 to 30 years. The development will add 20% to the present port and industrial area, measured in hectares, and treble the port''s container handling ...

  • News

    CASTLE WINS BREMORE BATTLE

    2007-01-01T16:26:00Z

    Ireland''s new deep-water port at Bremore is to be developed in a joint venture between Drogheda Port Company and Castle Market Holdings, a consortium that includes an unnamed "world class"port operator.

  • News

    LA SPEZIA PORT PLAN

    2007-01-01T16:26:00Z

    The Italian provincial government of Liguria has approved an outline plan for the port of La Spezia, which is due to become law early in 2007.The plan envisages the creation of 140,000 sq m of new infill land.

  • News

    CAMPBELL TAKES CHARGE

    2007-01-01T16:26:00Z

    Campbell Mason has been selected as the managing director of DP World''s two container terminals in the UK at Southampton and Tilbury.

  • News

    BCT BUILDS HANDLING MUSCLE

    2007-01-01T16:26:00Z

    Gdynia''s Baltic Container Terminal has taken delivery of two new post-panamax gantry cranes, supplied by Konecranes. The cranes mark the first of their kind to be introduced into service at BCT, with a lift capacity of 50 tonnes, outreach of 46 metres and a backreach of 20 metres.Once both units ...