World News – Page 471
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ISRAELI DOCKERS THREATEN STRIKE
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.Dockers at Israel's three state-owned ports of Haifa, Eilat and Ashdod are continuing to threaten a national strike to prevent reform ...
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ADB BANKROLLS CHITTAGONG
The Asian Development Bank has approved a US$30.6m loan, which will be used to improve efficiency at the port of Chittagong and also enhance port security and environmental measures to meet international standards. Part of the money will be spent on introducing a new IT system which will help lower ...
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CHITTAGONG NEEDS PRIVATE MANAGEMENT
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.Chittagong's Chamber of Commerce and Industry has recommended that management of Chittagong port should pass to the private sector as a ...
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FIVE BID FOR JNPT STUDY
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.Five companies have bid to undertake a technoeconomic feasibility study for the proposed US$687,600 expansion of JNPT. Expansion plans encompass a ...
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NewsKarachi International Container Terminal
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.Karachi International Container Terminal (KICT) has entered into an agreement with the Karachi Port Trust (KPT) for development of its Phase ...
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MYANMAR TO BUILD DEEP-SEA PORT
First phase investment will require US$100m to develop roads, a 600 metre long quay, a reservoir, a bonded warehouse and upgraded power supply, allowing the facility to open by 2007.Myanmar has announced plans to build a deep-sea port at Kyaukphyu in Rakhine State on the country's western seaboard. The aim ...
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NewsThe Naha Port Authority
The Naha Port Authority (NPA) of Japan has chosen a subsidiary of Philippine-based International Container Terminal Services, Inc.
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Jurong terminal contract awarded
Dubai-headquartered Horizon Terminals Limited (HTL) has awarded construction contracts for a US$200m bulk liquids terminal to be built on 39 hectares of land at Banyan, Jurong Island in Singapore. The contract for consultancy was awarded to Singapore''s Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL) ...
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Investment boom at San Antonio
$25m is to be invested in the Chilean port of San Antonio, of which $20m will come from the concessionaire San Antonio Terminal Internacional (STI) and the other $5m from Puerto Panul. STI will use the money to extend its quay 200 metres northwards. The project has already been given ...
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NewsDredging to boost traffic at Santos
Following a cessation of two years, dredging work has recommenced at the port of Santos. In the meantime, the port has continued to break all records. In 2004, throughput of 70m tonnes was a reported, 10m up on 2003.
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EMERGENCY FINANCE FOR SANTOS
Brazil''s Transport Ministry is to release US$44.8m out of a possible budget of US$74.66m to enable some emergency measures to be undertaken and also permit immediate investment in development of the quays.
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AA FOR LB
Some funding will go towards landside construction and also to deepen the access channel to the port to 15 metres.Standard & Poor's Rating Services has raised the Port of Long Beach's credit rating to "AA" from "AA-minus, " citing the Port's "impressive historic and forecast cargo growth along with very ...
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Antonina to be upgraded
Some funding will go towards landside construction and also to deepen the access channel to the port to 15 metres.The port authority administering the harbours at Paranagua and Antonina has announced a series of measures aimed at upgrading the latter port. Primarily these will concentrate on dredging the port terminal ...
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BHP Billiton plans LA gas terminal
BHP Billiton has announced plans to build a gas terminal off the coast of Los Angeles as a means of combating the state''s growing energy shortage. The so-called Cabrillo Port, which will cost $600m to build, will commence operations by 2009. The facility will have the capability of supplying 1.5 ...
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MERGER AT BUENOS AIRES
Buenos Aires stevedore Terminales Rio de la Plata, has absorbed Terminales Portuarias Argentinas.
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NewsGETTING WORSE BEFORE IT GETS BETTER
China''s bulk and break-bulk handling facilities differ significantly from its container facilities in one crucial respect: with the country''s entrance to the WTO, its container terminals - both planned and existing - were deemed not to be of strategic national importance, thus paving the way for the introduction of foreign ...
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NewsBIG PLANS PREDICATED ON BUOYANT FORECASTS
Both Rotterdam and Antwerp are investing heavily in much needed container capacity, but the struggle to convince government of the required urgency has been long and hard. Neil Madden reports.
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SHORTSEA MOTORWAYS OR MUDDLE?
Whilst transport is a perennial problem for any government, handling the issue across 25 nations is bound to constitute a major headache. The European Commission has been struggling with transport issues since its inception but with freight on Europe''s roads increasing by around 60 billion t/km each year and one ...
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NewsPSA ravenous for acquisition
PSA International is unclear whether its bid for Asian Container Terminals Ltd will be allowed to go ahead. Originally, its offer to buy a 50% stake in the terminal from Sun Hung Kai Properties was accepted on 30 November last year.
