World News – Page 456
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Tough year for New Zealand port revenue
A slowdown of the local economy has seen average recent financial returns slide from New Zealand''s three largest cargo-trading ports.
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PORT REVIEW STIRS UP INDUSTRY
Rumours Maersk Line will reduce its New Zealand port calls from nine to five, including a "primary port" in each island, has got the entire local shipping industry on tenterhooks.
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FREMANTLE BOX BOOST
The Western Australian port of Fremantle is to undertake a three-phase container terminal development.The initial phase will cost an estimated ¢ 1bn and allow up to 2m teu to be handled at the port, doubling the existing capacity.Work is scheduled for completion in 2015.
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NO TRUCK WITH RAIL DEAL
An estimated 3,000 annual truck movements are expected to be taken from North Island roads following an agreement between Heinz Watties,Toll NZ and the Port of Napier.The contract involves the recommissioning of a rail siding at the producer''s Tomoana site and the introduction of dedicated fixed-rake wagons to move the ...
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Deserters target Lyttleton
More illegal ship deserters are entering Lyttelton Port of Christchurch than the rest of New Zealand''s ports put together. An estimated 105 ship deserters entered the country in the past financial year, of which 55 absconded through Lyttelton.
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NewsLiebherr gets in ahead of schedule
Liebherr Container Cranes delivers its second post-panamax container crane more than three months ahead of schedule to Lyttelton Port Company,New Zealand.
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NewsNew container berths up for grabs at Brisbane
The Port of Brisbane is on the hunt for an operator to take on the management of two new container ports that will increase Brisbane''s container handling capacity by 25%.
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NewsSydney government opens door for third stevedore
The traditional duopoly in Australia''s container terminals is to be broken after the New South Wales government announced that neither P& O Ports/DP World nor Toll/Patrick will get the concession to operate the planned third terminal at Port Botany.
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LNG NOD FOR TEESSIDE
The CCTV system includes numerous dome cameras, providing high-quality digital images via a wireless WiMAX LAN, which spans an area around the port of over 10 sq km. Middlesbrough-based PD Ports and Excelerate Energy has received approval for the plans to build a liquefied natural gas importation facility on Teesside.
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ROSTOV BUILDS SECOND BOX TERMINAL
Further expansion is required in order to meet future demand and the aim, in respect of the Kotka project, is to add container terminal equipment equivalent to a capacity of up to 50,000TEUs per year. The capacity of the Litke Bay Terminal is to be increased to 150,000TEUs (Phase II) ...
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Dual listing mooted for P&O Ports
DP World is said to be considering the possibility of floating P& O Ports on both the London Stock Exchange and Dubai International Financial Centre less than 12 months after acquiring it. The flotation would value the company at an estimated £ 6bn ( € 8.76m), although only 20% of ...
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ABP fate sealed as LSE delisting is finalised
Associated British Ports (ABP), one of the first port companies to be floated on the stock exchange, has delisted. The move seals the formal takeover of the UK group by Goldman Sachs-led consortium, Admiral Acquisitions UK, who paid £ 2.79bn for company.
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TRIPLOCK TRACKING TRIALS
The Overseas Shippers Association has been taking part in trials to track containers using a device called TripLock, supplied by UK-based telematics company Aeromark.
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THREE BID FOR SAVONA TERMINAL
Savona port authority in Italy has received three bids to operate a multipurpose terminal at Vado Ligure, which will handle both liquid bulk and containers.
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PORTEK IN MALTESE VENTURE
An area of 250,000 sq m will be reclaimed from the sea, giving the terminal alongside draught of 15 metres-20 metres. In all, 200,000 sq m will be dedicated to container handling and the rest to liquid bulk handling. Portek International (55%) and the Maltese group Tumas (45%), trading at ...
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NewsFifth SCT berth planned
Southampton Container Terminals has announced that it plans to open a fifth berth to handle containers at the Port of Southampton in a bid to attract more feeder traffic.
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Ravenna to build new box terminal
A feasibility study undertaken on behalf of Ravenna Port Authority has shown that it would be both financially and technically possible to justify deepening the draught of the port to 14.5 metres.
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BOSKALIS PROFIT RISE
Royal Boskalis Westminster achieved a substantially higher net profit of 37.8m in the first half of 2006.
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ROTTERDAM THROUGHPUT UP
The Port of Rotterdam handled 186m tonnes of cargo in the first half of 2006, 1.1% more than in the first half of 2005.
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NewsRotterdam's racing form
Rotterdam welcomed the world''s largest sailing Formula 1 racing car last month, in the form of a ''car-boat'' built around an inland waterway ship. At 40 meters long and 12 meters wide, the ''car-boat'' produced the sound and smoke of burning rubber while cruising through the port and surrounding area.
