World News – Page 456
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NewsJakarta gets stubborn on charges
In a move that has shocked shipping lines, Indonesia is enforcing its 37% terminal handling charge cut. Ships are being barred from leaving Jakarta unless their owners play ball and put it in writing that they will submit to the new charges.
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BNDES REVAMPS BRAZILIAN DREDGING CONCESSIONS
The Brazilian National Development Bank (BNDES) is putting together a new concession model to govern the implementation of dredging work. At present, all dredging contracts have to go out to open tender, but under new guidelines this would no longer be required. Instead, a four to five-year concession would be ...
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Panama megaport plans move on
The US$1bn ''megaport'' in Panama is already proving a source of controversy at the planning stage. Of the ten leading container terminal operators who met in Panama at the end of November to hear the details of the ambitious plan, almost all balked at the huge cost. However, the prime ...
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LAZARO CARDENAS
However, the concession route has not been adopted for the upgrading of facilities and Quay 5, at least not for the moment.The Denmark-based Centre for Port Dimensioning has given the go-ahead for the Mexican port of Lazaro Cardenas to receive vessels of at least 12,500TEUs, despite the fact that none ...
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VERACRUZ
However, the concession route has not been adopted for the upgrading of facilities and Quay 5, at least not for the moment.Archer Daniels Midland Company (ADM) has bought a 78.5% stake in the Veracruz stevedoring company Terminales de Cargas Especializadas (TCE). ADM is already Mexico's second leading importer of agricultural ...
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TACOMA
However, the concession route has not been adopted for the upgrading of facilities and Quay 5, at least not for the moment.The Tacoma Commission can now press on with its plan to widen the Blair Waterway after the approval of a US$12.5m settlement with Weyerhaeuser which leases the land from ...
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NewsMontevideo could oust BA
The current level of container traffic at Buenos Aires which handles practically 90% of Argentina''s box traffic, is commensurate with the box boom year of 1998. However, analysts are warning that the high cost of doing business there could ultimately result in Buenos Aires being downgraded to a feeder port.
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NewsGuam box terminal privatisation coming in on final approach
Guam is soon to make a decision about the privatisation of its container terminal facilities.
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NewsArgentina invests to handle giants
Argentina''s leading terminals have been forced to invest in post-Panamax gantry cranes by carriers whose larger ships are putting pressure on South America''s east coast to meet their needs.
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NewsTT Club counts the cost
TT Club has revealed the latest estimate of its claims exposure from hurricanes Katrina, Rita and Wilma and announced its underwriting stance for next year''s policy renewals.
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NewsFour shortlisted for Sethusamudram
Jan de Nul/Boskalis, Hyundai Engineering, Dredging International and Van Oord have been shortlisted for the contract to undertake dredging on three sections of the US$537m Sethusamudram Ship Canal Project . The entire project will involve four tranches of dredging of which the first has already been awarded to the Dredging ...
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KOCHI
These include NYK, MOL, CMA CGM, PSA, HPH, Evergreen, Container Corporation of India, Larsen & Toubro and Gammon India. A contract is expected to be awarded in September or October.Partial approval has been given to a proposal by India Gateway Terminal for an increase in charges at Kochi. An 8% ...
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No room for complacency
Gazing into the future of the trade from a terminal capacity perspective, Drewry''s ports director Neil Davidson told PS: " Our analysis of supply and demand at the major North European deepsea container ports including UK, shows that even with the new developments which we definitely know are coming on ...
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NewsRiding the Rollercoaster
It''s a tumultuous, not to say precarious time to be reviewing this trade, as Nick Elliott reports.
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NewsCork gets new security system
CEM Systems has supplied its AC2000 SE integrated security management system for installation at Cork. The contract was awarded by ADT Fire & Security and will be supported by an advanced CCTV system and intercom network, part of a major contract ADT has signed with the Port of Cork to ...
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Stolen excavator recovered at port
A JCB excavator bound for Ireland has been seized at a port in Lancashire after plant and equipment investigators National Plant and Equipment Register (TER) identified it as stolen.
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Ports undergo security drill
Security efficiency and access controls at ports throughout New Zealand have recently been tested in " level two" Maritime New Zealand security drills. The half-day exercises have involved port security and operations staff, police, Customs officers, sniffer dogs and x-raying equipment.
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Hutch wades in
HPH''s recently reported foray into St Petersburg will certainly shake things up in the region. Its impending US$150m acquisition of 50% of the port''s First Container Terminal and 37% of the Baltic Container Terminal (time for some fresh thinking on the naming of these terminals perhaps? ) at Ust-Luga 110km ...
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NewsEU accession brings mixed fortunes
The disintegration of the Soviet Union left Russia with a dilemma: should it carry on using container terminals in what had become former colonial territories or develop existing ports within its own territory? Alex Hughes reports.
