World News – Page 463
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Five bid for Busan expansion
Around US$604.85m in investment will be required.Five companies have put forward bids to build four new berths at the South Korean port of Busan. These are PSA International, Hyundai Development, Daewoo Engineering & Construction, Posco Engineering & Construction and Hanjin Heavy Industries & Construction. 30 new berths will be added ...
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Intertek invests in Sierra Leone
Sierra Leone''s President Kabba recently opened the 10-year BOOT container security scanning concession awarded to Intertek Foreign Trade Standards and partners Port Maritime Security International (PMSi).
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NewsPlanning delays a major cause of congestion
Neptune Orient Lines (NOL) released some interesting research at the recent TOC conference in Antwerp. David Appleton, NOL''s president Europe, in presenting the findings revealed the hefty cost in both time and money of developing more port capacity in Europe to ease congestion.
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BRISTOL HAS ITS OWN PLANS
The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.Bristol has ...
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LNG TERMINAL FOR VENICE
The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.Norwegian oil ...
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Mersey Docks goes to Peel
Mersey Docks and Harbour Company (MDHC) has been sold to Peel Ports for £ 771m. Peel already has port operations in Clydeport and the Manchester Ship Canal, whilst MDHC operates in Sheerness, Chatham, Heynsham, Dublin as well as Liverpool. Both interests have development plans.
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LEIXOES TO TAKE PANAMAX
The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.The port ...
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CERES BATTLE GOES ON
The research was commissioned by Drewry Shipping Consultants and shows the planning process alone for 12 north European terminal developments is costing an estimated €540m, while delays and cancellations have meant a planned extra 11 million TEUs of capacity due to be available this year, has not been built.NYK's battle ...
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NewsICTSI signs up in Madagascar
ICTSI has signed a 20-year container terminal operating concession for the port of Toamasina, Madagascar, the country''s main port.
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ABG/Voltri win Kandla box terminal concession
India''s ABG Heavy Engineering in partnership with Genovabased Voltri Terminals has been awarded a contract to develop and operate a US$46m container terminal at Kandla port. Its bid, which involves a 48.997% revenue share, was more attractive than those tendered by either Afcons/Hamburg Port Authority or Gammon India/Mersey Docks & ...
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NewsBusan rewards transhipment loyalty
Busan Port Authority is to return US$12.14m to 52 shipping lines as a reward for moving at least 3% more transhipment cargo through the port in 2004. This is a significant rise on the US$8.35m the port returned in 2003. The incentive programme, along with the policy of cutting port ...
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NewsMinister faces down opposition
Sri Lanka''s Ports and Aviation Minister, Mangala Samaraweera, says the government is determined to go ahead with construction of Hambantota Port, despite the fact that there are both domestic and foreign interests which oppose the project.
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New cranes for CentrePort Wellington
CentrePort Wellington is to purchase two new Liebherr quayside container cranes at US$7.14m apiece. The acquisition of the postPanamax, twin-lift capable cranes is linked to the port company''s recent receipt of a coastal dredging permit to deepen its wharves and harbour entrance to accommodate coming generations of larger containerships.
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MOMBASA AS LANDLORD PORT
CentrePort Wellington chief executive Liz Ward indicated the cranes would be a significant driver in achieving greater productivity and service reliability. "Our business strategy is to grow revenue through an integrated logistics approach to port facilities, services and property interests, " says Ms Ward. "However, CentrePort Wellington is foremost a ...
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Vizhinjam promotes
CentrePort Wellington chief executive Liz Ward indicated the cranes would be a significant driver in achieving greater productivity and service reliability. "Our business strategy is to grow revenue through an integrated logistics approach to port facilities, services and property interests, " says Ms Ward. "However, CentrePort Wellington is foremost a ...
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NewsAussies eye Israel's Eilat
Representatives of an Australian shipping company have visited Israel with a view to purchasing Eilat Port. The group is also reportedly interested in investing in the proposed rail link between Eilat and Ashdod which could provide an alternative to the Suez Canal. Also interested in acquiringAlso in the bidding for ...
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NPA TO OFFLOAD MORE WORKERS
Nigerian Ports Authority (NPA) has implemented a second phase redundancy programme encompassing 1,000 employees.
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Intense interest in second Chennai box terminal
Ten companies have purchased tender documents relating to the development of a second container terminal at Chennai.
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JAPAN URGES BANGLADESH TO BUILD SEAPORT
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.The Japan External Trade Organisation, which forms part of the Ministry of Economy, Trade and Industry, has urged Bangladesh to build ...
