World News – Page 469
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TUTICORIN TO UPGRADE INFRASTRUCTURE
Tuticorin Port Trust has allocated US$22m towards improving infrastructure facilities at the port in 2005-06. This will fund construction of a new berth with alongside draught of 10.7 metres, and also road works costing US$3.8 9m.
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NewsAuckland-P&O Nedlloyd in contract dispute
P& O Nedlloyd is understood to be seeking between US$735,000 and US$3.68m reimbursement in a contract dispute with Ports of Auckland. Having lost a service from the carrier in February last year, the port company is understood to be questioning whether P& O Nedlloyd''s remaining volume is sufficient to trigger ...
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Jurong oil terminal contracts awarded
Dubai-headquartered Horizon Terminals Limited (HTL), established by Emirates National Oil Company (ENOC), has awarded construction contracts for a US$200 million bulk liquids terminal to be built on 39ha of land at Banyan, Jurong Island in Singapore.
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SIP PLANS HONG KONG FLOAT
Shanghai International Port (SIP), now the world''s third busiest, is planning to raise US$800m on the Hong Kong stock exchange as a means of funding its expansion programme.
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INDIAN GOVERNMENT INTRODUCES CONCESSION RESTRICTIONS
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).India's Shipping Ministry has made changes to its policy regarding private ownership of the country's container terminals. Whereas previously it had stated that one operator would be restricted to two ...
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China increases container league table domination
With Hong Kong sitting atop the 2004 league table and neighbouring Shenzhen, comprising the three terminal complexes of Chiwan, Shekou and Yiantian, now ranking fourth, the massive factory outlet that is southern China accounts for a cool 35.5mTEUs annually according to the latest figures from Containerisation International.
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NewsSouth Africa invests in box terminals
The South African state owned holding, Transnet, has approved a US$349.37m investment upgrade package for container terminals in both Durban and Cape Town.
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MONGLA THREATENED BY MAFIAS
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).Exporters using the Bangladeshi port of Mongla have asked the government to take immediate action against the 11 Mafia groups which it claims are preventing smooth operation of the port, ...
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Chittagong opens one-stop shop
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).A one-stop shop service centre has been opened at Chittagong to improve the delivery of imported consignments. This, it is claimed, will allow importers to clear consignments within 1.5 hours ...
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CASTELLON TARGETS CERAMICS TRAFFIC
Leif Wallin, president of trailer handling for the Finland-headquartered company, confirmed that Kalmar is "involved in hybrids in a couple of projects", working with the US Environmental Protection Agency in the ports of Long Beach and New Jersey. The Spanish Mediterranean port of Castellon de la Plana, located 50 kilometres ...
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SINES SEEKS SPANISH INVESTMENT
The Portuguese government, in an attempt to promote the port of Sines, is making financial incentives available for companies that want to invest in it.
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Leixoes splashes out on infrastructure
Leif Wallin, president of trailer handling for the Finland-headquartered company, confirmed that Kalmar is "involved in hybrids in a couple of projects", working with the US Environmental Protection Agency in the ports of Long Beach and New Jersey. Leixoes Port Authority (APDL) is to invest ¢26m on upgrading infrastructure. Both ...
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Santander luke warm regarding shortsea initiative
The port authority of Santander has decided for the moment not to participate in a project to promote shortsea shipping links in the North Sea. A spokesperson for the authority explained that it had declined to join in the initiative given that the project was insufficiently developed.
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NewsContship seeks Voltri concession
Contship Italia, which forms part of the Eurokai/Eurogate group, has formalised its bid to manage Voltri Terminal Europa. Although this covers the sixth development module and also the extension of the fifth module, the terminal group has indicated an interest in managing all of Voltri, which is currently run by ...
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INTERNATIONAL DREDGING COMPANIES SOUGHT BY BARRANQUILLA
The threeberth installation to be known as Santa Caterina Container Terminal, is due to open in early 2007. With a draught of 16 metres it will be able to handle vessels of up to 9,000TEUs. Annual capacity will be in the region of 300,000 containers in the first phase of ...
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Colombia establishes super port
Cartagena port management company Sociedad Portuaria de Cartagena (SPCS) and the local container terminal, Contecar, have merged to create a Colombian super port. The manoeuvre was undertaken through the purchase of 32.89% of the equity in Contecar by SPRC, and required the special permission of the Industry and Commerce Ministry. ...
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Santos to have Latin America's first MP terminal
Construction of Embraport, which is being billed as Latin America''s first multi-purpose terminal, is due to commence later this year following clearance from Brazil''s environmental protection agency. Located in the port of Santos, it will be able to handle liquid and solid bulk, containers and vehicles.
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NewsBaltimore boss in shock resignation
Port of Baltimore executive director James White''s decision to step down as the head of the Maryland Port Commission came as a shock to the maritime community, reports the Baltimore Business Journal. White was instrumental in launching strategic initiatives to boost the port''s cargo traffic. "I think it''s a tremendous ...
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INVESTMENT BONANZA FOR PANAMA
White brought much needed stability to a job that had seen seven administrators in eight years. He was respected throughout Maryland's shipping industry and was considered instrumental in positioning the Port of Baltimore to become a leader in handling automobiles and other ro-ro cargoes.Concession holders of the Panamanian ports of ...
