World News – Page 434
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NewsLocking horns
Three way tussle around Bohai Bay for box supremacy, as lacklustre port past is swept aside
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NewsLifting eastern fog
There''s more to eastern China''s ports scene than the massive Yangshan, with Taicang,Nantong and Nanjing leading the container pack
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NewsWest Coast ports must shape-up to retain cargoes
US West Coast ports have some tough challenges ahead if they are to avoid the spectre of shipping lines diverting into ports in Mexico and elsewhere, according to Stacey Jones, Halcrow''s newly appointed regional director for the US West Coast.
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Importers demand Port Harcourt overhaul
Nigerian importers have asked the federal government to make immediate changes to the management of Port Harcourt.
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Algeria mulls Mediterranean hub port plan
The Algerian government is contemplating the construction of a new port, which would help reduce congestion at existing facilities,many of which are operating at 75% capacity. Although no definitive site has yet been identified, the favourite is Issers, where a 600,000 teu/year terminal could be built.
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KPA EQUIPMENT BUY
Kenya Ports Authority has acquired new handling equipment worth ¢ 3m, which forms part of a ¢ 5.44m modernisation programme begun in 2002.This includes 20 terminal tractors, five FLTs and a set of pollution-control equipment. A further 25 terminal tractors entered service in 2003-2005.
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MOMBASA PRIVATISATION TEAM
The Kenyan government has put together a committee that will oversee the privatisation of the container terminal at the port of Mombasa. However, the rest of the port will remain within public sector ownership.
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NewsDurban shippers' congestion despair
Shippers, fed up with delays in container processing at Durban Container Terminal, have threatened to impose a surcharge. Just last month, an MOL ship was delayed by 200 hours, however the average wait is around three days.
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HPH barred from Mumbai bidding
Hutchison Port Holdings (HPH) will not be able to participate in the bidding for a new container terminal planned for the Indian port of Mumbai.
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SHANGHAI GROUP SEAL
APM Terminals and Shanghai International Port Group have signed an agreement giving the Chinese company a 40% equity stake in APM Terminals
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CHENNAI FAVOURS PSA CONSORTIUM
The PSA/Sical Logistics consortium is all set to be awarded the concession to build and operate the second container terminal at India''s Chennai port.The consortium''s 45% revenue share bid is the second highest ever made for a port project in India.
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CHINESE SNIFFING AROUND BARRANQUILLA
The Chinese government has expressed an interest in the port project being developed at Barranquilla in Colombia on the western bank of the river of the same name.The port will handle exported coal from the Caribbean coast and interior.
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ZAO RETURNS TO KONE
St Petersburg''s ZAO First Container Terminal has returned to Konecranes for two panamax ship-to-shore container cranes, to be delivered at the end of 2007 under a ¢ 10m order.
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All talk at Kochi as voice response system is installed
Rajiv Gandhi Container Terminal operated by India Gateway Terminal, has introduced an Interactive Voice Response System,linked to SMS and the tracking of containers via the internet.
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NewsLiebherr fixes sights on Indian subcontinent
Liebherr is looking to build on its position on the Indian subcontinent, keen to be involved in one of the fastest growing economies in the world, which is increasing by 6% a year on average.
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Japan Y22m commitment to support Sri Lanka projects
The Government of Japan has pledged a sum of Yen 21,559m to Sri Lanka under its Official Development Assistance loan scheme in support of development efforts of the country, including the first phase of the Galle Port Development Project.
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NEW TERMINAL FOR SOUTH KOREA
The South Korean port of Pyeongtaek is to build a new private container terminal. The work, which will be completed in 2009, will cost $143.1m.The terminal will be equipped with three quay cranes and have an annual capacity of 375,000 teu.
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MACQUARIE BUYS TERMINAL STAKES
Hanjin Shipping is to sell a 40% stake in six of its container terminals to Macquarie Korea Opportunities Fund. The facilities involved are at Seattle, Long Beach in Oakland in the United States; Tokyo and Osaka in Japan; and Kaohsiung in Taiwan.The cost of the transaction is $252.1m.
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GUANGZHOU DEVELOPMENT AGREEMENT
APM Terminals has entered a joint venture agreement with Cosco Pacific to develop and manage the second phase of the container terminal at the Chinese port of Guangzhou. The port authority will also participate in the management company. The new facility will be operational by mid-2007 and have an annual ...
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COSCO FORMS MANAGEMENT CO
Cosco Ports (71.43%) has formed a joint venture with Quanzhou Port Container Company (28.57%), to be known as Quanzhou Pacific Container Terminal Co Ltd. The company will manage a four berth container terminal in Shihu Harbour, as well as overseeing construction of a fifth berth for containers and a multipurpose ...
