World News – Page 467
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NewsPlaying Hardball
70+% price hikes, entirely new sources of supply being developed? Australian iron ore producers are enjoying a bull-run in meeting demand from China. The ports are coping but more pressure is building. Mike Mundy and Kevin Chinnery report.
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Chinese Bottlenecks persist
Impediments to the cargo pipeline performing well, from iron ore producer to steel manufacturer, are not all, about what is happening at the exporter end in Australia.
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NewsAnd elsewhere on the Subcontinent . . .
Perhaps in response to the possibility of Sethu becoming reality, by which Indian ports will attempt to lure significant amounts of cargo away from Colombo, the Sri Lanka Ports Authority has revealed that it is planning construction of four new container terminals at Colombo. The first phase of construction will ...
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NewsDemocracy in Action
Gavin van Marle spent several months roaming India recently. His report reveals how a stifling bureaucracy and genuine democracy form a two-edged sword in a country whose port sector is intent on progress.
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NewsAngolan Angst
Steve Cameron provides an update on the tortuous process of concessioning out terminal operations in Africa.
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GIJON BUILDS BULK CAPACITY..
Work has started on the ¢ 580m expansion of the port of Gijon, the primary aim of which is to add new capacity for coal and iron ore cargo flows.
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NewsMaersk will dominate Straits
By 2007, it is expected that Maersk will effectively control most of the traffic passing through ports around the Straits of Gibraltar due to its presence at Algeciras, Malaga and Tangier. The Danish company recently signed a 30year concession to build and manage the new TangierMediterranean port, which it will ...
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..AND LA CORUNA NEW PORT
Also in northern Spain, Dragados is heading up the consortium that is building the initial phases of the new port at La Coruna at a cost of € 429m.
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NewsPost-Panamax units planned for Gdynia
Speaking on the occasion of the delivery of a new Panamax dimension quayside container gantry to ICTSI''s Baltic Container Terminal (BCT) in Gdynia, Tom Falknor, president, BCT, unveiled the terminal''s further plans: " Two post-Panamax cranes are to be purchased, " explained Falknor, " in order to meet terminal user ...
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AVEIRO TO INVEST IN DRY AND LIQUID BULK
The dominance of Maersk can be seen in figures released by Algeciras port authority covering January and February 2005 during which throughput at the port amounted to 501,514 TEUs. Portugal's fifth largest port, Aveiro, is to invest ¢21m this year to be spent partially on dredging and also on work ...
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NPA & BIDVEST AGREE TERMS
Following the renegotiation of leases with Unilever, Commercial Cold Storage and Agriport, South Africa''s National Ports Authority (NPA) has agreed terms with Bidvest for the consolidation of 42 leases into nine and has thereby opened the door for increased investment by Bidvest in its portside facilities.
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Foreigners still wary of Chinese port investment
According to Xu Qiang of the Ningbo Reform and Development Commission, the leading investors in local port construction in China continue to be state-owned enterprises.
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AMSTERDAM TO INVEST IN GHANA
Amsterdam Port Consultants (APC) will invest $60m in the rehabilitation of Ghana''s Takoradi Port as part of a 25-year BOT contract, although first requires approval from Ghana Ports and Harbours Authority.
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COSCO's ambitious plans
Wei Jaifu, Chairman of COSCO Pacific Ltd, has highlighted the group''s ambitious expansion plans in China''s container handling sector which will see it raise annual handling capacity from 10.8mTEU to 36.5mTEU over the short-term.
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NewsSAPO FIRST
In the port of Tianjin, serving the capital city of Beijing, COSCO Pacific, Tianjin Port and AP Moller will set up a container terminal by 2007 that will handle 2.1mTEU/year.Transnet has declared that prior to launching an international tender for an operator for the Ngqura container terminal, it will be ...
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BIGGER AND BIGGER BOXSHIPS
In the port of Tianjin, serving the capital city of Beijing, COSCO Pacific, Tianjin Port and AP Moller will set up a container terminal by 2007 that will handle 2.1mTEU/year.The first 10,000TEU capacity containerships were ordered by COSCO in January this year and now China Shipping Container Line (CSCL) has ...
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NewsGwadar inauguration cancelled
The decision by Pakistani and Chinese authorities to cancel the programme for the formal inauguration of Gwadar port by Chinese Prime Minister Wen Jiabao during his recent visit to Pakistan gives an indication of the further deterioration in the situation in Balochistan. The first stage in the construction of the ...
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NewsMumbai terminal gains momentum
12 companies have sought pre-qualification to build the $205m offshore container terminal at Mumbai. Among the international bidders are P& O Ports, Mitsui OSK, Dubai Port Authority, Evergreen Marine, Maersk and Hutchison Port Holdings, while L& T, United Liner Agency, Adani Ports, Gammon India and ABG Heavy Industries represent local ...
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APM $1,000,000+ BID
Such was the interest in the project that the port authority had to extend the bidding deadline until 11 March with 24 companies buying the tender document.A P Moller has submitted a controversial US$1m+ bid for the Apapa container terminal concession in Lagos.
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NewsSalalah Free Zone draws investment
The new Salalah Free Zone is drawing significant investor interest according to chief operating officer, Tony Restall.
