World News – Page 431

  • 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    DP World has rather surprisingly withdrawn from the bidding process at Pakistan''s Gwadar port.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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    News

    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

    TERCAT SEEKS NEW GANTRY CRANES

    2006-12-01T18:27:00Z

    Barcelona box terminal operator Tercat, which has been awarded the concession to operate the port''s third container handling facility, has invited bids for the supply of six new quayside gantry cranes. Known to have already presented an offer, worth a rumoured $36m, is Paceco España. In total, Tercat will ...

  • News

    TMB IN EXPANSION MOOD

    2006-12-01T18:27:00Z

    Terminales Marítimas de Bilbao (TMB) plans to add a further 25,000 square metres to its existing concession. This announcement comes just 18 months after terminal management had to ask the port authority to relieve it of 33,278 square metres of concession area given a shortage of traffic. The new ...

  • News

    UK ports back in vogue

    2006-12-01T18:27:00Z

    A sea change in ownership and huge amounts of investment mean that the future has never looked brighter for the UK ports industry, Forth Ports chief executive Charles Hammond has told maritime experts.

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    Euromax welcomes crane arrival

    2006-12-01T18:27:00Z

    Rotterdam''s Euromax terminal welcomed the first of sixteen cranes last month The sixteen cranes, together with another three barge/feeder cranes and twelve 23-wide quay cranes, will perform the ship-to-shore operations at the terminal in the port''s Maasvlakte area. Scheduled to be operational by the end of next year, the first ...

  • News

    ROTTERDAM BOUNCES BACK

    2006-12-01T18:27:00Z

    Throughput at the port of Rotterdam over the first nine months of the year has made a mild recovery, increasing by 1.5% in comparison with the same period last year.The 281m tonnes throughput puts the port "back on track as regards the realisation of its overall 2% growth prognosis for ...

  • News

    ANTWERP VTS FIRST

    2006-12-01T18:27:00Z

    The port of Antwerp has commissioned Barco and Fabricom GTI to install a Vessel Traffic Services system.The system, including new radars, was commissioned by the Flemish Agency for Maritime Services and Coast, Shipping Assistance Division and by the port of Antwerp.The contract has a total value of ¢ 4.2m.

  • News

    HALCROW CHARITY LAUNCH

    2006-12-01T18:27:00Z

    UK-based ports and engineering consultant Halcrow has launched an independent charity to tackle poverty and suffering around the world.The company has pledged 0.5% of its annual profits, as well as staff time and resources to the cause. Halcrow staff also make direct contributions and take part in fund-raising activities.More information ...

  • News

    SWISS CONTRACT

    2006-12-01T18:27:00Z

    Swiss logistics service provider Bertschi has won a contract to build a rail terminal in the Botlek area of the port of Rotterdam.