World News – Page 458
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Immense interest in P&O Ports' US terminals
Around 100 companies have declared an interest in terminal assets held by P& O Ports in the US.
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NewsTacoma bond issue
The Port of Tacoma has issued $100m in revenue bonds with an effective fixed interest rate of less than 4%.
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P&O NA teams with Tideworks
Tideworks Technology has announced the successful deployment of its container terminal management suite with P& O Ports North America in Tampa, Florida.
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Americas sustain containerport throughput
Globalisation and the rise of China as the world''s manufacturing centre have accelerated containerport demand in the Americas in recent years, according to a study from Ocean Shipping Consultants Ltd.
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Santos concession provokes outrage
A local councillor in the Brazilian city of Santos has criticised the decision by the local port authority to award an area of 80,000 sq m on the left bank to incumbent container terminal operator Santos Brasil without going through the process of an open tender.
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NewsBelle of the ball
India offers great potential for investors but are ports still waiting for their Prince to come as delays dog privatisation efforts? S.N. Srikanth investigates
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Australasia-Asian trade demand stifles shipper complaints
Although not in the ''overheated'' state of a couple of years ago, AsiaAustralia trades appear to be bouncing back from a lull in the first half of 2006.
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NewsHead to head: boxes versus cargo
New Zealand ports are celebrating impressive long term growth and not just for containers, reports Iain MacIntyre
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NewsRiding the dry bulk wave
Australian ports are steaming ahead with expansion plans as cargo throughput surges.
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NewsTeam up or bail out
New Zealand’s ports are told to consolidate or risk losing out to the Australians in the battle for booming Asian cargo.
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Federal move mooted
The prospect of Australian ports coming under Federal Government control has been mooted by Treasurer Peter Costello, and his suggestion that central direction could help ease bottlenecks and improve efficiency has met with a guardedly-positive response from the industry.
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Melbourne ups the ante
Melbourne, Australia''s largest container port, has moved towards deepening sections of its channels to accommodate vessels of up to 14 metres draught at all tides.
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South Australian ports come under fire
The state of bulk ports in South Australia has copped criticism from a Perth mining company, which says the " poor standard" of ports has prevented a proposed major iron/copper/gold mining operation near Coober Pedy from securing a reliable export gateway.
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SCS MANAGES METROBOX
Container depot operator Specialised Container Services (SCS) has taken over the management of the south Auckland-based container yard MetroBox.
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NewsNew mobile harbour crane for Napier
A NZ$6m Gottwald HMK300E mobile harbour crane is expected to become fully operational at the Port of Napier in early September.
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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.
