World News – Page 451
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DP World to re-brand P&O Ports
DP World is to unify its port and terminal operation under a single brand name, which is expected to be revealed within the next six months. Currently, both the DP World and P& O Ports brands are used at the 51 terminals operated by the group in 24 countries.
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TPA to concession ports
Tanzania Ports Authority has announced plans to lease out Kigoma Cargo Terminal and Kassanga Port on Lake Tanganyika.
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SAUDI ARABIA BIG ON BOXES
Saudi Arabia claims it will develop the largest container terminal in the Middle East at Emaar Economic City.This will be capable of throughputs in the region of 10m teu annually, as well as being able to accommodate breakbulk and dry bulk vessels.
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DUNCA BACK IN BUSINESS
Nigeria''s Dunca inland container terminal has recommenced services after a 14-month shutdown. New owners are AP Moller, Greenview and ENL Terminals.
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JEBEL ALI CAPACITY HIKE
Jebel Ali Port has announced that it will boost capacity from around 8m teu to 67m teu by 2030.This reflects a 41% increase in exports from the adjacent free zone.
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Kenya seeks dredging funding.
Kenya has approached a European partner to provide bilateral funding for the dredging of Mombasa Harbour, which is scheduled to begin in 2009 for completion in 2011.
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COSTA RICAN PRIVATISATION PROTESTS
The International Transport Workers'' Federation has expressed its support for port workers in the Costa Rican port of Limón, who initiated a go-slow in protest against government plans to privatise activities not only in Puerto Limón, but also in Puerto Moín. The workers have asked the state for almost $1m ...
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CENIZA COAL GOAL
The planned new Colombian Ceniza coal port, which will use the Magdalena river to export consignments, will cost $480m to build, of which $180m will be required in an initial phase.
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Peru calls halt on ports privatisation
Proinversión, promoter of private sector investment in Peruvian companies, has temporarily halted the concession process covering the country''s five main ports until a master development plan has been drawn up for each.
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NewsPortland on track
The Port of Portland Commission has approved the second of two rail construction contracts for a project that will help increase intermodal volumes through the Port''s Terminal 6 container facility.
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US "sweet spot' for ports
Craig Fuehrer, director in the group at Deutsche Bank Securities, the bank handling the sale of DP World''s US facilities, was mum about details of the bidding process, in a presentation at a Marine Money ship finance conference in New York.
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NewsCCT threatens Coco Solo legal action
Management of Colon Container Terminal (CCT), an Evergreen subsidiary, is to take legal action against Panama Maritime Authority (AMP), because it believes that its rights to operate in the Atlantic coast port of Coco Solo are being infringed. According to CCT, Colon Oil and Services SA, a concessionaire in Coco ...
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COLOMBIAN PORT COMPANIES NEGOTIATE EXTENSION
The Colombian Transport Minister has revealed that an initial agreement has been made between the government and the port companies of Santa Marta, Barranquilla and Buenaventura in respect of the renewal of their management agreements.
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SANTOS TENDERS FOR VIABILITY STUDY
A tender issued by the Santos Port Authority will consider the economic viability for a proposed concession of Vopack Brasterminais Armazéns Gerais,on the so-called continental side of the port at Barnabé Island.The concession, which is currently held by a Dutch group, is due to expire within the next three years.
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TACOMA BUDGET APPROVED
The Port of Tacoma Commission has given the go-ahead to a 2007 budget of $102.5m, an increase of 12.6% over 2006. The commission also authorised port staff to issue general obligation bonds to refund debt, up to the value of $75m.
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KERALA PORT PLAN
The Indian state government of Kerala is planning construction of a new port at Beypore, near Kozhikode.This will be taken forward as a joint-venture between the private sector and both the state and national governments.
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BUSAN LURES CMA CGM
Korea''s Busan New Port has attracted CMA CGM to its Phase 2-3 expansion programme, subject to government approval. CMA CGM reached an agreement with Hyundai Industry Development Consortium, developer and operator of four berths of Phase 2-3 at Busan New Port, to invest in the project.The agreement follows a government ...
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SINGAPORE SOFTWARE
A new internet-based service to better predict the state of the currents at a given period, not only on the approaches to the port, but also alongside the berths themselves has proved popular in the Port of Singapore.
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NewsColombo identifies Cochin as major threat
Colombo Port Authority has publicly recognised the threat being posed by DP World''s new box handling facility, Vallarpadam International Transhipment Container Terminal, currently under construction at the port of Cochin. Within eight years, this will handle around 15 times as many containers as it does today.
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State bureaucracy killing Indian orders.
State-run ports in India are failing to provide private sector manufacturers with sufficient work in respect of new crane and equipment construction. A slow decision-making process and onerous terms and conditions in contracts have been blamed for the slowdown,which has led to only limited bids in response to state-issued tenders.
