World News – Page 456
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NEW BERTH FOR ARICA
The northern Chilean port of Arica is to invest more than $18m in the construction of a new asymmetrical berth. A tender will be issued upon completion of environmental impact study, with the work scheduled to commence in 2007.
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ORIENT TO ABANDON NORTH AMERICA
Hong Kong-based Orient Overseas (International) Ltd is to sell terminals it operates at Staten Island New York, in New Jersey and two in Vancouver, raising an estimated $1bn.These are expected to generate $107m in earnings during the year.
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HAMILTON SECURES LAND
Hamilton Port Authority has snapped up Stelco''s Inc Rod Mill, in a deal that includes 103 acres of waterfront property.
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SAVANNAH SALES FOR KONE CRANES
Georgia Ports Authority has splashed out more than $50m for four super post-panamax ship-to-shore container cranes and 15 all-electric RTGs from Konecranes.Deliveries will start in the spring of 2007 and continue until April 2008.
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DPW ARGENTINE EXPANSION
DP World is to invest $100m to expand terminal facilities at the port of Buenos Aires, where it is the managing partner of Terminales Rio de la Plata. Not only is the stevedoring group looking at investing in a new mega-port project in the country, it will also be investing ...
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Box terminal concession for new Karachi port
Karachi Port Trust has asked for companies to submit pre-qualification applications to finance, build and operate the first four-berth container terminal at its new Deep Water Container Port.
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Chinese companies flirt with Las Palmas
China Shipping Container Lines and Cosco Container Lines, as well as the stevedoring company Sekou Terminals, have indicated a willingness to make use of the Spanish port of Las Palmas, which currently handles significant amounts of transhipment traffic from its location in the Canary Islands Peninsula.
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Shanghai investors seek European port possibilities
Shanghai International Port Group is reportedly seeking investment opportunities in European ports.
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Seven-year ports investment plan for India
Ports in India are to receive ¢ 9.35m over the next seven years as part of a national development plan to help them achieve a throughput target of 20m teu.
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Bangladesh Seeks Japanese Investment
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. The Bangladeshi government has let it ...
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DP WORLD QASIM BOOST
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. DP World is to invest $211m ...
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INDIAN LOGISTICS LURE
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. Dubai-based Jebel Ali Free Trade Zone ...
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SOUTHERN BOX BOOST
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. The southern Indian ports of Chennai,Tuticorin, ...
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WHARF HALF-YEAR PROFIT
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. Hong Kong-based port operator Wharf Holdings ...
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URGENT JNP DREDGING CALL
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. The Container Shipping Lines' Association has ...
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NewsYantian celebrates double berth
To achieve this, it is estimated that the country will need 90 berths totalling 20 kilometres, while at present only 27 berths exist capable of accommodating major container traffic. India is expected to reach capacity crisis by 2010, when demand will outstrip port capacity. Two berths from Yantian International Container ...
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NewsAfrican sun spot
West Africa''s ports are setting the commissioning pace for the continent as private operators prove their worth. Steve Cameron reports
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Liquid gold keeps money pouring in.
Oil and gas revenues continue to stimulate investment up and down Africa''s western coast with Nigeria and Angola being the main beneficiaries.
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NewsHub potential yet to be realised
With some joined up thinking and probably some outside help,Coega and Durban have all the ingredients to make it as South Africa''s core ports.
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No let up in investment
Despite concerns that South Africa''s port developments are being dragged out,large capital investments are planned for 2006 and 2007.
