World News – Page 451
-
NewsEastern Allure
India has the promise that port investors look for but there remains significant scope to enhance its attractiveness. Mike Mundy reports There is no disputing that India needs new port capacity and where new port capacity is needed there are opportunities.
-
News
TYRE SHORTAGE CRISIS
A global tyre manufacturing shortage is forcing New Zealand container terminal operators to alter ordering patterns and even seek new supply lines to keep their large wharf machinery in operation.
-
News
NEW ZEALAND INTERIMS
New Zealand port companies who have recently published financial results for the six months to December 31, 2006 include: Northport - NZ$7.5m (US$5.2m) after-tax profit (up 834%) and NZ$9.4m (US$6.5m) (up 217%); Port of Tauranga -- NZ$21.3m (US$14.8m) after-tax profit (up 56%) and NZ$73.7m (US$51.2m) revenue (up 20.7%); Lyttelton Port ...
-
News
TAURANGA BOXES CLEVER
NZX service vessel Dolores was recently completely discharged at the Port of Tauranga by three cranes over a 23.2-hour period. The resulting 2064 container moves were completed at an average vessel rate of 91 moves per hour and average crane rate of 31.7 movers per hour.The world standard for crane ...
-
News
PORT WALCOTT INVESTMENT
Mitsui Iron Ore Development is to invest $284m to increase the export capacity for iron ore at Australia''s Port Walcott, situated at Cape Lambert, rising from 55m tonnes to 80m tonnes a year.
-
News
DP World calls off Australian merger
DP World has abandoned plans to merge its Australian subsidiary P& O Maritime Services with offshore oil services firm Mermaid Marine Australia. An agreement, which had been reached by both sides in December, would have involved a share swap, leaving DP World with a 60% stake in the joint company. ...
-
News
Geelong considers intermodal freight options
The Australian city of Geelong is toundertake a detailed study of theimpact an intermodal terminal wouldhave in enhancing its freight anddistribution networks
-
News
Newcastle policy reversal
Port Waratah Coal Services has asked the Australian Competition and Consumer Commission to approve a revised capacity balancing system for the port of Newcastle.
-
NewsNorthern port merger in doubt
Competition lawyers believe New Zealand''s Commerce Commission will prove a difficult obstacle to any potential merger plans between the ports of Auckland and Tauranga.
-
News
Melbourne prospects boost
A deepening project proposed for Victoria''s Port Phillip Bay has been given the thumbs-up by the treasurer of Victoria, John Brumby.
-
NewsCavotec to launch share offer
A share offer in the range of NZ$25m (US$17.4m) to NZ$50m (US$34.8m) is expected from NZXlisted international company Cavotec MSL.
-
News
Call for South Island freight hub
A "two islands, two hubs" solution is required to rectify "distortions" in New Zealand''s logistical and transport sectors, according to Canterbury Manufacturers'' Association (CMA) chief executive John Walley. Particularly incensed about the lack of a local roll-on roll-off option to Australia for companies based in the South Island, Mr Walley ...
-
News
DPW to boost traffic by 50% over three years
DP World''s chairman, Sultan Ahmad Bin Sulayem,has revealed that over the next three years the company intends to boost its global container throughput by 50%.
-
News
Ex-PSA managers boost Aden throughput
Overseas Port Management (OPM), managed by several ex-PSA executives, has been granted a one-year extension to its three-year contract at Aden Container Terminal.
-
News
PORT QASIM SCREENS US BOUND BOXES
Following a pilot scheme in February, Port Qasim is expected to start screening US-bound containers from March this year. There will be a live video link between customs authorities in both Pakistan and the US. Containers arriving from Pakistan will then not need to be re-examined on arrival in the ...
-
News
VICT EXPANDS INFRASTRUCTURE
Vietnam International Container Terminal has decided to upgrade infrastructure at its facility in Ho Chi Min City.Work will include extending the quay by 192 metres to 678 metres, thereby allowing the terminal to accommodate four containerships at once. It also intends to acquire additional quayside lift. Current capacity of 450,000 ...
-
News
OPERATIONS RECOMMENCE AT GOPALPUR
A consortium led by Orissa Stevedores Limited has begun handling cargo at the minor Indian port of Gopalpur.Within four years, it plans to have developed facilities to handle 20m tonnes annually,which it claims will be reached by 2012.
-
News
CONTROVERSIAL PLANS AT MACHILIPATNAM
While plans by the state government of Andhra Pradesh in India to build a deepwater port at the town of Machilipatnam have been generally welcomed, the proposed location of the port has drawn controversy.The chosen site requires less dredging than at Gilakaladindi, which is where cargo in the area has ...
-
NewsDisaster recovery plan for MICT
International Container Terminal Services Inc and subsidiary Manila International Container Terminal have given the go-ahead for the development of a disaster recovery site through DataOne Asia. The site will allow business to continue in the event of an unexpected disruption in operations.
-
News
Busan won over by Savitrak
Busan marks the latest port to sign up to Savitrak''s Radio Frequency Identity (RFID) service. The product is built on an opentechnology network that captures data from all types of standards-based Automatic Identifica-tion and Data Collection (AIDC) devices, including bar codes, sensors, passive and active RFID and Global Positioning Satellite ...
