World News – Page 456
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TOLL FINDS BIG SAVINGS AT PATRICK
For the first half of 2008 overall, the index registered 13.7 days, which compares with the 22.9 days reported 12 months ago. Australia's Toll Holdings Ltd is expecting to make savings of more than ¢39m following its ?3.785bn acquisition of port operator Patrick Corp Ltd.
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US Lines buoys Australasia ports with new service
US Lines (USL) is in the throes of expanding its existing Pacific schedule through the introduction of a new " ANZL" fixed-day service connection with New Zealand and Australia.
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VOLUME INCREASE FOR AXIS INTERMODAL
Ports of Auckland''s specialist container handling and terminal operating company Axis Intermodal has reported an 11% increase in export box volume and 7% rise in import containers during the past six months.
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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
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NewsOdessa snaps at Illichivsk's heels
Just 30 km separates the rival Ukrainian ports of Odessa and Illichivsk, but the management systems employed by the two are worlds apart, reports Alex Hughes
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NewsNorthern ports have more to offer
New study claims that increasing traffic to ports in the north of England will improve infrastructure throughout the UK, reports Felicity Landon
