World News – Page 456
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Gujarat identifies new port sites
The government of the Indian state of Gujarat has identified Cambay,Mahuva and Sutrapada as new port development sites, as throughput at existing local ports grew by 11.2% to 108m tonnes in 2005-06.
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PSA seals Chennai box contract
PSA Sical has been sent a letter of intent by Chennai Port Trust in respect of the concession to run a second container terminal.
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PATRICK IN TOLL SPIN-OFF
Australia''s Toll group has announced plans to spin-off its ports division, which encompasses Patrick Corporation, as well as the Pacific National Railway.The new company will retain 83% of the group''s debt.Toll will create a separately listed infrastructure trust made up of Australia''s biggest port owner and the Pacific National rail ...
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CREAN TO LEAVE NORTHPORT
A five-year term as Northport''s chief executive will come to a close this year when Ken Crean steps down from the role.The position is currently being advertised and Mr Crean says he is flexible about the timing of the new appointment.
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Join the queue
The Australian port of Newcastle has reported that queues of ships waiting to dock peaked at record levels of the mid-50s between late November and early December. The port had been operating a successful capacity balancing system, which the Australian Competition and Consumer Commission approved in 2004 citing "net public ...
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Positive tones in NZ merger talks
Solid progress is being made in the potential mergers between New Zealand''s Ports of Auckland and Port of Tauranga and the Lyttelton Port of Christchurch (LPC) and Port Otago.
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NewsAuckland geared for growth
Ports of Auckland took delivery of three new ZPMC cranes in December as part of its NZ$100m investment programme to handle container throughput currently doubling every 10 years.
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NewsReefer boom for Tauranga
A range of infrastructural and procedural improvements have been put in place by the Port of Tauranga to cater for the 85% increase in reefer container throughput in half a decade.
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PROFIT BOOST FOR PORT NELSON
A 33% increase in after-tax profit to NZ$6.9m and 7% rise in revenue to NZ$29.6m has been recorded by Port Nelson in the 2005-06 financial year. Although throughput did not reach the record level of the previous year, cargo volumes were higher at 2.5m tonnes.
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TERCAT SEEKS NEW GANTRY CRANES
Barcelona box terminal operator Tercat, which has been awarded the concession to operate the port''s third container handling facility, has invited bids for the supply of six new quayside gantry cranes. Known to have already presented an offer, worth a rumoured $36m, is Paceco España. In total, Tercat will ...
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TMB IN EXPANSION MOOD
Terminales Marítimas de Bilbao (TMB) plans to add a further 25,000 square metres to its existing concession. This announcement comes just 18 months after terminal management had to ask the port authority to relieve it of 33,278 square metres of concession area given a shortage of traffic. The new ...
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UK ports back in vogue
A sea change in ownership and huge amounts of investment mean that the future has never looked brighter for the UK ports industry, Forth Ports chief executive Charles Hammond has told maritime experts.
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NewsEuromax welcomes crane arrival
Rotterdam''s Euromax terminal welcomed the first of sixteen cranes last month The sixteen cranes, together with another three barge/feeder cranes and twelve 23-wide quay cranes, will perform the ship-to-shore operations at the terminal in the port''s Maasvlakte area. Scheduled to be operational by the end of next year, the first ...
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ROTTERDAM BOUNCES BACK
Throughput at the port of Rotterdam over the first nine months of the year has made a mild recovery, increasing by 1.5% in comparison with the same period last year.The 281m tonnes throughput puts the port "back on track as regards the realisation of its overall 2% growth prognosis for ...
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ANTWERP VTS FIRST
The port of Antwerp has commissioned Barco and Fabricom GTI to install a Vessel Traffic Services system.The system, including new radars, was commissioned by the Flemish Agency for Maritime Services and Coast, Shipping Assistance Division and by the port of Antwerp.The contract has a total value of ¢ 4.2m.
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HALCROW CHARITY LAUNCH
UK-based ports and engineering consultant Halcrow has launched an independent charity to tackle poverty and suffering around the world.The company has pledged 0.5% of its annual profits, as well as staff time and resources to the cause. Halcrow staff also make direct contributions and take part in fund-raising activities.More information ...
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SWISS CONTRACT
Swiss logistics service provider Bertschi has won a contract to build a rail terminal in the Botlek area of the port of Rotterdam.
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Peel deal cements port attraction
Proof of the unwavering investor interest in ports,Deutsche Bank''s asset management arm has snapped up a 49% stake in the UK''s second largest ports group Peel Ports for £ 750m.
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NewsSteel boost for Welsh ports
Associated British Ports (ABP) has renewed a three-year contract with Corus for steel coil shipments through its Newport and Swansea ports.
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APM seals Dunkirk majority
APM Terminals has purchased a majority 61% share in the Dunkirk container terminal operation Nord France Terminal International. When the tender for operation of the terminal was released last year Dubai Ports International, CMA CGM, and Australia''s International Infrastructure Management all expressed an interest. However, APM Terminals beat off the ...
