World News – Page 474
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NewsSantos needs $1bn to ease bottlenecks
According to Brazil''s Votorantim Financeira bank, upgrading the port of Santos to a position where there are no longer any major bottlenecks would cost in the region of US$1 billion.
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BUENAVENTURA TO INVEST $37.5M
Implementing similar upgrades at all national ports would cost US$20 billion. Work required at Santos includes extending container stacking yards, constructing perimeter roads, recommencing dredging work, expanding the total area of the port and the conclusion of work associated with the Vehicle Export Terminal.The Colombian port of Buenaventura has announced ...
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PUERTO RICANS TO DESIGN LAS AMERICAS PORT
Puerto Rican company Vasquez y Asociados has been awarded the contract to design the initial phase of the island''s Las Americas port project which has been costed at US$700m.
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PSA MARINE FORMS JOINT VENTURE WITH FUZHOU PORT AUTHORITY
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.PSA Marine has established a new joint venture with Fuzhou Port Authority Shipping Division, to provide towage services to lines calling at Jiangyin including PSA's Fuzhou-Jiangyin International Container Terminal. The joint venture represents PSA Marine's ...
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PSA EYES HAZIRA
(ICTSI), Naha International Container Terminal, Inc. (NICTI) to operate a container terminal in Naha City, Okinawa.According to press sources in India, PSA has reportedly made a bid for a 74% stake in the multi-cargo port project being developed by Royal Dutch Shell at Hazira which includes an LNG facility and ...
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NewsLocal ports help with relief operations
Port of Tanjung Pelepas (PTP), has teamed up with Senai airport to offer their facilities to international aid agencies.
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US SIGNS WITH BELGIUM
Belgium and the US have agreed to co-ordinate security at Belgian ports to detect illicit trafficking in nuclear and radioactive material. The US government will invest € 11.25m in the next three years. Belgium will initially waive € 1.02m in taxes for port contractors and invest in personnel and equipment ...
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Warning on EU security proposal
New EU proposals to enhance port security could have far reaching implications for operators and passengers of ro-ro vessels. If passed as legislation, one of the proposed measures of the EU directive would be to require security checks on the contents of all cars and goods vehicles waiting to board ...
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MUSC WINS €7MVENICE PORT SECURITY CONTRACT
Whether known as hurricane or typhoon, we are all too familiar with these most ferocious of storms and their consequences: damage, destruction and, for some unfortunate souls, death.Maritime and Underwater Security Consultants (MUSC) is to deliver the second phase of Venice's security strategy in preparation for phase 3 of the ...
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NewsTerrorist warning from underwriter
A leading British underwriter has warned that global super ports represent an attractive target to terrorists. Justin Priestley, head of the special risks and terrorism team at Aon Corp says transport infrastructure is a favourite terrorist target because of the severe economic disruption it would cause.
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NewsINVESTING WHERE IT MAKES SENSE
Hamburg-Bremerhaven joint venture Eurogate will reach its target of 11.7mTEUs this year and remain focused on Europe, with no plans to go global. It will also continue a strategy for success which has seen its handling nearly double inside just six years. Eurogate Board chairman Emanuel Schiffer spoke to Tom ...
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Cosco buys into Antwerp Gateway
COSCO Pacific Limited is buying a 25% shareholding in P& O Ports'' new container terminal, Antwerp Gateway.
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LE HAVRE SIGNS FIRST NEW BOX TERMINAL CONCESSION
Rotterdam's container movements jumped by more than 12% to 9.3m TEUs whilst Antwerp registered 6.5m TEUs up nearly 7% on the previous year.Le Havre port authority and stevedores Generale de Manutention Portuaire (GMP) have signed the first concession agreement covering the initial stage of the Port 2000 development. GMP will ...
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NewsBCT clinches US$36m loan
Baltic Container Terminal (BCT) in Gdynia has concluded arrangements with Bank Austria Creditanstalt AG (BA-CA) and Bank BPH (BPH), both members of the HVB Group, for a US$36m term loan facility to be used in conjunction with the initial phases of BCT''s capacity expansion programme. The loan facility will help ...
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SETUBAL AWARDS MULTI-PURPOSE TERMINAL CONCESSION
Germany's DVD Bank is also participating in the transaction in syndication.Portugal's Setubal and Sesimbra port authority and the Tersado and Sadaport companies have signed concession contracts covering zones one and two of the Setubal Multi-Purpose Terminal. The operating companies are controlled by a consortium consisting of Setefrete, Mota-Engil and Empresa ...
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NewsAdsteam rolls out 3-man crewing
Harbour towage contractor Adsteam UK has completed the first phase of its national roll-out of 3-person crewing, agreed with the UK''s Transport & General Workers Union. Operations at Liverpool, Southampton, Medway, Hull and Felixstowe have now implemented the new working system.
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NewsNew deepwater berth
British MP Gwyneth Dunwoody has opened a new deepwater berth at Felixstowe''s Trinity container terminal, Trinity lll.2.
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NEW HAZ-MAT TERMINAL IN GERMANY
Chemion Logistik has inaugurated a new container terminal at Bayer Chemiepark in the city of Leverkusen.
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MERSEY DOCKS IN £1BN TAKEOVER APPROACH
CVC Capital Partners, the private equity house, has made an approach to Mersey Docks and Harbour Company which could result in a £ 1billion takeover of the Liverpool-based ports group. Mersey Docks was forced by the Takeover Panel to reveal that it had received a " preliminary approach" from an ...
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New deal at Fos Distriport
Half the available plots at Fos Distriport - the Port of Marseilles'' logistics zone being developed alongside the existing Fos container terminal - have now been taken following the sale of 9.5 hectares for the construction of a 47,000 square metre warehouse due to open in 2006.
