World News – Page 443
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NewsTacoma bond issue
The Port of Tacoma has issued $100m in revenue bonds with an effective fixed interest rate of less than 4%.
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P&O NA teams with Tideworks
Tideworks Technology has announced the successful deployment of its container terminal management suite with P& O Ports North America in Tampa, Florida.
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Americas sustain containerport throughput
Globalisation and the rise of China as the world''s manufacturing centre have accelerated containerport demand in the Americas in recent years, according to a study from Ocean Shipping Consultants Ltd.
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Santos concession provokes outrage
A local councillor in the Brazilian city of Santos has criticised the decision by the local port authority to award an area of 80,000 sq m on the left bank to incumbent container terminal operator Santos Brasil without going through the process of an open tender.
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NewsBelle of the ball
India offers great potential for investors but are ports still waiting for their Prince to come as delays dog privatisation efforts? S.N. Srikanth investigates
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NewsCrane simulator first for Sri Lanka
Simulator training for port operators has entered a new phase in the Indian Subcontinent with South Asia Gateway Terminals (SAGT) Colombo installing Sri Lanka''s first crane simulation facility.
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TIANJIN IPO OVER-SUBSCRIBED
The IPO issued by Tianjin Port Holdings Ltd was heavily oversubscribed, by as much as 1,700 times.
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TWO NEW TUGS FOR COCHIN
The Advanced Crane Simulator has been developed by Applied Research International, a New Delhibased organisation with expertise in knowledge systems, and is designed to enhance productivity and safety in cargo-handling operations through comprehensive training of operators and port personnel in a life-like environment.Cochin Port Trust is to acquire two new ...
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NINGBO TO BECOME WORLD NUMBER 3
The Advanced Crane Simulator has been developed by Applied Research International, a New Delhibased organisation with expertise in knowledge systems, and is designed to enhance productivity and safety in cargo-handling operations through comprehensive training of operators and port personnel in a life-like environment.The Chinese Port of Ningbo is to increase ...
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ThyssenKrupp forges China coal links
ThyssenKrupp Fordertechnik''s inexorable push into the Chinese market for coal port handling equipment is refusing to run out of steam.
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Chittagong mayor opposes box terminal privatisation
The Mayor of Chittagong, Mohiuddin Chowdhury, has threatened to paralyse operations at the city''s port if the government goes ahead with plans to privatise operations at the newly-built New Mooring container terminal.
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DP World moves into Saigon
This coincides with the delivery of four gantry cranes, which it is hoped will boost productivity by a factor of three. However, at the moment, they are only handling 10-12 containers per hour. DP World has announced that it is to invest €182m in the development of Saigon Premier Container ...
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Private aims for India's Karwar
The small Indian West Coast Port of Karwar is to have a privately operated container terminal.
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NewsKarachi ready to break 1m teu barrier
Pakistan''s Minister for Ports and Shipping has forecast that Karachi Port and Port Qasim will likely handle a combined 1.7m teu this year.
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SHANGHAI OPERATORS MERGE
This project is being financed by Vikram Integrated Logistics Private Limited, which has so far spent €1.73m on developing what will eventually be a €3.46m scheme.Shanghai International Port is to merge with Shanghai Port Container Company, which will make Shanghai International one of the largest publicly traded companies in China.
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Sinotrans boosts investment in Chinese river terminals
Chinese feeder and river terminal operator, Sinotrans is to spend ?200m on upgrading river ports and logistics facilities in the Pearl River Delta. The company has stated that manufacturers are moving steadily westwards into central China in search of cheaper labour and electricity costs, thereby increasing the need for additional ...
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NewsAlternative to Chinese medicine
It is easy to be lured by the headline figures emanating from China, but should investors be turning to Southeast Asia to reap rewards? Peter Trevalyn investigates
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NewsConstantza carves niche as hub of choice
Booming Black Sea business has given this Romanian port the edge. Alex Hughes reports on how transhipment rules Constantza''s roost
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NewsTop slot out of reach for Turkey
Turkey''s ports would like nothing better than to steal the transhipment hub crown from Constantza, but are development options limited without private sector investment, asks Alex Hughes
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NewsFeeders vie for Black Sea business
Approximately 70% of current imports into the Black Sea region are being sourced in the Far East, but opinions are divided on the most effective way to actually reach these markets, writes Alex Hughes
