World News – Page 478
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AUSTRALIANS UP SECURITY SPEND
The Australian government will spend a further US$71.08m on expanding its existing CCTV network at national ports. At present, some 32 ports have CCTV coverage.
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PMSI WINS MULTIMILLION DOLLAR CONTRACT FOR FREETOWN SCANNER
PMSi, is to install and operate a scanner at the port of Freetown, Sierra Leone to scan all containers entering and exiting the country''s main port. PMSi has a ten-year concession agreement for the scanner on a BOT basis.
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NewsLoans guarantee scandal escalates
Willem Scholten: acted outside jurisdictionThe 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.Willem Scholten, former chief executive of the Port of Rotterdam, acted alone in guaranteeing loans totalling €80m more ...
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Malta Freeport goes to CMA CGM
The long drawn-out privatisation process at Malta Freeport has finally been concluded with CMA CGM taking a 30-year concession from the government for $421m. P& O Ports will manage the Freeport which will be operated as a common user facility.
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ROTTERDAM TO GROW BY A FIFTH
Rotterdam is forecasting a 20% increase in port related land use over the next 15 years.
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EXPANSION WILL BOOST SHORTSEA
Rotterdam Shortsea Terminal (RST) expects throughput to grow considerably this year.
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MARSEILLES MAINTAINS BOX GROWTH
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.Container growth at Marseilles is running at 10% compared with last year following throughput of 608,000TEUs in the eight months to the ...
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NewsAmsterdam's coal transhipments business on the up
A 31-acre site is to be developed at Amsterdam including two deepsea quays, 300 metres each, to increase capacity for storage and transhipment of coal which has seen big increases over the past five years: Germany no longer extracts coal but imports it via Amsterdam from Australia, South Africa, Colombia ...
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NEW TANK TERMINAL FOR EUROPOORT
Euro Tank Terminal (ETT) has started construction of a new tank terminal for mineral oils at Rotterdam.
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Spanish ports rank fourth in Europe
A recent report identified Spain as Europe''s fourth most important country in terms of port traffic. While the UK attracts 18% of the combined 3.05 billion tonnes handled by the Continent''s ports, Spain occupies a credible fourth place behind both Italy and Holland with an 11% share. In terms of ...
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Cork calls for investment
Dermot O' Mahoney, chairman, Port of Cork Company, referring to the port' s 2002 strategic development plan, says an investment of € 350m is required if the port is to stay in business. " I know that the Port of Cork situation is replicated in each of the major ports ...
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NEW CRANE FOR FELIXSTOWE
Felixstowe has taken delivery of another STS quay crane from ZPMC, part of an order for ten RTGs and three quay cranes. The new crane will be amongst the largest in the port capable of handling containers stowed 22-wide and will be equipped with twin-lift capability and heavy lift capacity ...
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NEW EMIRATES BOX FACILITY
Kuwait''s KGL has been awarded a 21-year BOT contract to develop a new container terminal at the UAE port of Saqr, in Ras Al Khaimah.
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NIGERIA TO CONDUCT STUDY TOUR IN ADVANCE OF PORT CONCESSIONS
Justifying the request, Lyttelton Port chairman Barney Sundstrum says an independent study revealed the board's current pay is "substantially below equivalent companies". However, the major South Island port recently reported a comparable 1.7% loss in net annual profitability to US$8.24m.Julius Bala, director general of Nigeria's Bureau of Public Enterprises has ...
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DPI looks to Vallarpadam
India''s Cabinet Committee on Economic Affairs has given the nod to Dubai Ports International (DPI) to take over management of the Rajiv Gandhi Container Terminal (RGCT) at the port of Kochi (Cochin) on the understanding that it goes ahead with construction of a proposed new transhipment terminal at Vallarpadam as ...
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NewsHPH developing terminals in Laem Chabang and Shanghai
HPH has been awarded a 30-year concession to build and operate six terminals at Laem Chabang which will have a total quay length of 3,250 metres with depth alongside of 16 metres. In 2003 Laem Chabang recorded 3.4m TEUs.
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BIDS IN FOR TANGIERS
CMA CGM, Evergreen, P& O Ports and APM Terminals have all submitted bids for the concession to run the new 800m long container terminal being built at the Moroccan port of Tangiers.
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TRANSNET BOARD FIRED
The management board of Transnet, South Africa''s state-ownedtransport organisation, was replaced recently after losses of $940m reported for the year. Transnet is responsible, amongst other sectors, for South Africa''s ports and South African Airways which is technically insolvent. The main reason for the record loss was a massive hedging loss ...
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NewsJNPT rethinks container berth privatisation
Jawaharlal Nehru Port Trust (JNPT) has revealed that its earlier proposal to invite in private operators to convert an existing shallow berth currently used for new vehicles traffic to work with container handling is being rethought. JNPT chairman, Ravi Budhiraja noted, " Nothing has yet been finalised. We are going ...
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NewsKPA invests $25m in IT at Mombasa
Kenya Ports Authority (KPA) is investing heavily in upgrading both the leading import-export port of Mombasa and the socalled Northern Corridor which links it with Uganda, Rwanda, Burundi and the Congo.
