World News – Page 461
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UK PORTS' STRONG FIRST HALF BUT . . .
Associated British Ports and Forth Ports both report buoyant performance for the first half of this year, bolstered by property sales and cargo volume growth.
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NewsDeurganckdock opens - finally
After a decade of hopes and plans, Antwerp has officially opened the Deurganckdock, intending to relieve northwest European port congestion. The dock adds 1.4m TEUs of capacity to the market, and Antwerp''s capacity is expected to eventually double.
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NewsPSA moves on Mersin
The E470m Vuosaari Harbour project will sweep up cargo operations from the existing city centre North and West Harbours, which are constrained by the surrounding city.PSA International, together with construction company Turkish Afken, has lodged a US$755m bid to operate the port of Mersin under a 36 year concession.
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LA CORUNA GETS ITS OUTER HARBOUR
The Spanish cabinet has reserved 708ha of land for the construction of the Outer Harbour at La Coruna. Work will consist of the construction of a dyke 3.36km long and a contra-dyke 579 metres long. Within this protected area, transversal quay 921 metres in length will be built, alongside which ...
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NewsLondon Gateway almost there
P& O''s £ 1.5bn plans for a new terminal near London have at last been given a tentative thumbs-up by the government, provoking a predictable scramble for attention among other port development promoters. The plans intend to alleviate Britain''s chronic container capacity headache, and to eventually create 16,500 jobs.
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C'EST CERES CERES
P&O's investment in Shellhaven on the north bank of the Thames at Thurrock, will be to the tune of £700m to make the former oil refinery Britain's largest container port. Phased development is planned out for the next decade and beyond. Another £700m is earmarked for the adjacent business park, ...
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Tangier-Med not a threat - we hope
P&O's investment in Shellhaven on the north bank of the Thames at Thurrock, will be to the tune of £700m to make the former oil refinery Britain's largest container port. Phased development is planned out for the next decade and beyond. Another £700m is earmarked for the adjacent business park, ...
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CONTAINER MILLIONAIRES HAVE CLOSE RACE
The UK may be top of the Rotterdam container customer throughput league table, but China is snapping at its heels.
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EUROGATE EXPANSION IS GO
P&O's investment in Shellhaven on the north bank of the Thames at Thurrock, will be to the tune of £700m to make the former oil refinery Britain's largest container port. Phased development is planned out for the next decade and beyond. Another £700m is earmarked for the adjacent business park, ...
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ETHIOPIA SEEKS PORT AT BERBERA
Officials from the landlocked state of Ethiopia have begun negotiations with the government of Somaliland regarding the use of its Red Sea port of Berbera.
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NewsAuckland Ports acquired by ARH
Ports of Auckland is to return to full public ownership following the US$117.5m takeover bid of Auckland Regional Holdings (ARH) surpassing 90% acceptance. As a consequence, the statutory entity of the Auckland Regional Council can now enforce compulsory acquisition of the outstanding 10% shareholding of New Zealand''s largest port company.
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Shanghai selects investor short-list
Shanghai Port Authority has drawn up a shortlist of companies interested in investing in its Yangshan Port development. Those selected from the original list of more than 20 companies include Hutchison Port Holdings, Cosco Pacific, P& O Ports, APM Terminals and Modern Terminals/China Shipping.
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DPI CRACKS DOWN ON UNETHICAL PRACTICES AT KOCHI
The Indian subsidiary of DPI, India Gateway Terminal, which is operating the container terminal at Kochi port, is taking legal action against alleged unethical practices which include bribery. A worker accused of accepting bribes from a clearing agent has already been suspended.
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JNPT now handling 50% of Indian box traffic
Jawaharlal Nehru Port (JNPT) reports that it now handles more than 50% of India''s container trade. However, construction of the third container terminal and plans to build a fourth mean the JNPT is also due to become a major regional hub.
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NewsChinese ports not over-doing capacity
China''s Communications Minister Zhang Chunxian has rejected suggestions that the country''s major port expansion programme will create a capacity glut. He noted that the building programme would simply meet future demand whilst easing congestion at existing facilities. He also noted that some ports cannot be upgraded and therefore new ports ...
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DPA TOOLS UP FOR 14,000TEU SHIPS
Nevertheless in the meantime, infrastructure bottlenecks are creating major congestion.Dubai Ports Authority's (DPA) executive director of operations, Mohammad Majid Bin Theniyah, noted recently that the addition of new berths at Jebel Ali Port would allow Dubai to accommodate ships of 14,000 TEU capacity and beyond. This was prompted by the ...
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BENIN NEGOTIATES WITH DPI
Nevertheless in the meantime, infrastructure bottlenecks are creating major congestion.The West African state of Benin is understood to be negotiating with Dubai Ports International (DPI) in respect of a management contract to operate its ports and Customs facilities. However, this will initially require a threemonth study by both DPI and ...
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NewsSingapore uses bond issue to grow
A US$302m bond issued by PSA Singapore Terminals'' operator the PSA Corporation, is expected to raise capital expenditure for expansion plans and refinance an Augustmaturing US$500m bond.
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TRINCOMALEE IN THREE-PHASE DEVELOPMENT
Sri Lanka Ports Authority (SLPA) has announced a three-part strategy to redevelop South Asia''s largest natural harbour at Trincomalee. Available land will be divided into three distinct zones. One of these will be used for leisure development while a second is earmarked for use as an industrial park, providing space ...
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Hong Kong plans on hold
Hong Kong legislators say environmental damage might occur if a container terminal is built off Tai O and would contravene the principle of nature conservation stated in the Concept Plan for Lantau Island. The project will have to wait for the results of an ecological study which will take at ...
