World News – Page 462
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NewsPICT boosting capacity
The Phase 2 development of Karachi''s Pakistan International Container Terminal (PICT) is due for completion by the end of June.
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NewsIndia earmarks $10bn of investment
In the next six years, India plans to invest $10 billion in upgrading port facilities to meet the demands of its growing economy. The country''s 12 largest ports, which account for 75% of all trade, will source much of the investment abroad.
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ASHDOD STRIKES PUT OFF USERS
Despite having signed contract agreements to the contrary, employees at Israel''s port of Ashdod have come out on strike twice so far this year.
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Gwadar seaport to open in June
Work has already begun on the $24 million third phase programme; phase one cost $30 million and phase two $17 million.Pakistan has revealed that its new Gwadar deep seaport should become operational in June. There are already in place facilities for handling containers, general cargo and dry bulk. The port, ...
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..BOT BOX SCHEME
Qasim has also issued a call for expressions of interest to build a second container terminal on a BOT basis.
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Savannah growth
The Port of Savannah handled 173,415TEU in the month of April 2006, a 12.7 per cent increase over the same period last year.
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NewsCartagena seeking regional hub status
The Colombian port of Cartagena handled 549,860TEU last year and is anticipating growth in 2006 of more than 150,000 additional containers. This is due to the arrival, in March, of a new Asia-Caribbean service operated by Maersk with 5,000TEU vessels.
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NewsSantos develops huge expansion programme . . .
Santos Port Authority (Codesp) is to develop a major new operating area at Barnabe Bagre as a public-private partnership in tandem with the Federal Government. This will expand this particular zone of the port to 6 million square metres incorporating no fewer than 50 berths.
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. . . and operators add equipment
The main container terminals at the port of Santos intend to increase their productivity this year through the purchase of new cranes financed through tax breaks made available by the government.
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PSA BOND ISSUE
Part of the Port of Singapore Authority''s recent purchase of a stake in Hutchison Ports (see International Terminal Operator story this issue) is to be financed by an offshore bond.
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NewsFinally Reform
Alex Hughes reports on how Israel is finally wrenching its ports into the 21st century.
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NewsIndian ports struggle to keep up
Remarkable growth in container trade has focused minds on the need for massive investment in the region''s ports. Nick Elliott reports.
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NewsPRIVATISED CARGO HANDLING AT KPT
Karachi Port Trust: a step towards privatisationAs readers of PS will have noticed, South Asian port development projects - India in particular - almost warrant their own news department in the magazine. Nevertheless, berth congestion appears to be on the increase at major ports throughout India. For the nine months ...
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NewsKANDLA ACCELERATES EXPANSION
Kandla is speeding up its € 946m expansion programme in an attempt to boost cargo handling capacity by 32.4m tonnes over the next five years which will give it a total capacity of 73.6m tonnes. This will require the construction of new berths, the development of a satellite port at ...
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MULTI-PURPOSE BERTHS FOR CALCUTTA..
As readers of PS will have noticed, South Asian port development projects - India in particular - almost warrant their own news department in the magazine. Nevertheless, berth congestion appears to be on the increase at major ports throughout India. For the nine months ending December 2005, the average vessel ...
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NewsPOTENTIAL TAX BREAKS ON OFFER AT GWADAR
Pakistan''s government is considering extending tax and investment packages to benefit Gwadar Port, although no details are to be released in the near future. In addition, the Minister responsible has made it known that operations at the port will almost certainly be privately operated and that negotiations were underway already ...
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Pakistan seeking a conduit role
The government of Pakistan has asked Karachi Port Trust, Port Qasim Authority and Pakistan National Shipping Corporation to put forward plans to make the country''s ports and shipping industry more efficient and cost-effective as soon as possible. The government has already introduced reductions in port and freight charges to boost ...
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SETHU CANAL TO GET EXTRA DREDGING
Pakistan's Standing Committee on Ports and Shipping has praised the recent performance of Port Qasim Authority, saying the port has proved itself to be very efficient, cost competitive and having great potential vis-a-vis competing regional ports. The committee also emphasised that established procedures were being followed and that the PQA ...
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..AND NEW EQUIPMENT TOO
Calcutta Port Trust is to undertake a major investment in the Calcutta Dock System, involving MHCs, RTGs, reachstackers and terminal tractors/trailers. One RTG will enter operation by May, bringing to four the number of RTGs available within the Dock. At present, there are seven reachstackers operational. of which two are ...
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HAMBURG'S WOMEN GET TO WORK
The Hamburg stevedore HHLA is training its first female port workers. After six months'' training, the women will take up positions in Hamburg container terminal Burchardkai as gantry crane operators and van drivers, and will be followed by more female workers at new terminal Alternwerder.
