World News – Page 481
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..meanwhile TCV is a victim of its own success
The port''s number twocontainer terminal, TCV, continues to experience significant congestion problems following 18 months of consecutive volume growth.
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NewsP&O Ports star performer in group half-year report
The P& O Group recently delivered a half-year trading report that highlighted the strong performance of the group''s core P& O Ports division.
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NewsBanks crowd in for Baltic Container Terminal business
ICTSI, the Manila-based international container terminal developer and operator, is understood to be at an advanced stage of concluding financing arrangements for a largescale expansion of capacity at its wholly-owned Baltic Container Terminal subsidiary in Gdynia, Poland.
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Amsterdam angst
The rumour mill is buzzing that with Rotterdam experiencing container congestion problems off the back of strong container growth, NYK, part owner of the Ceres Paragon Terminal in Amsterdam, is increasing the pressure on its partners in the Grand Alliance to make use of the Paragon Terminal. The innovative terminal ...
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Valencia consolidates shortsea shipping..
Valenciaport is to transfer all shortsea shipping services and new vehicles traffic to a new area based around an extension of the port''s Eastern Dyke. A new 250 metre-wide quay, some 1,000 metres in length, is to be built parallel to the dyke, in addition to a second new quay, ...
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China and Russia fuel northern port growth
The Hamburg Port Marketing Association has generated the table below, which provides an interesting snapshot of performance in the main part of the north European port range up until the middle of 2004.
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CEMENT PLANT FOR MARSEILLES
Perhaps not surprisingly, Hamburg's own performance in container and general cargo terms stands out - showing the highest growth in general cargo tonnage and container throughput, 17.2% at 37,452,00 tonnes and 15.9% at 3,373,313TEUs respectively.The Port of Marseilles Authority has authorised Cap Vracs, a building materials manufacturer, to proceed with ...
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EC aid for congestion
In an interesting move that may be followed by others to obtain similar funding, the European Commission has provided ?1.79m of aid for the extra labour required to handle containers as a result of problems posed by congestion and roadworks around the Port of Antwerp.
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PORT BOSS QUITS
Rotterdam Port Authority ceo Willem Scholten has resigned following financial blunders that could cost Rotterdam € 100m. Between 2002 and the present, the Port of Rotterdam granted guarantees on bank loans of the RDM company, totalling € 100 million.
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NY/NJ DREDGES FOR THE FUTURE
The Port of New York & New Jersey has implemented a $1.66m channel-deepening programme which will be completed in 2014. This is a joint project between the port authority, which will finance half the cost, and the US Army Corps of Engineers, with the Federal Government providing matching funding.
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NEW GRANITE TERMINAL FOR SUAPE
The Philadelphia Regional Port Authority (PRPA) is in the throes of swapping maritime land known as the Pier 98 Annex to the SYSCO Corporation, a domestic food distribution company.Granex has taken out a 10-year concession on a site close to the port of Suape in Brazil from where it expects ...
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L.B. SETS BUDGET
The Philadelphia Regional Port Authority (PRPA) is in the throes of swapping maritime land known as the Pier 98 Annex to the SYSCO Corporation, a domestic food distribution company.The Long Beach Board of Harbour Commissioners has adopted a $450.8m budget for the 2005 fiscal year beginning October 1.
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Paranagua upgrades quay
The port of Paranagua, Latin America''s largest dry bulk exporting facility and Brazil''s leading soya export gateway, has issued tenders for the repair and upgrading of its Muelle Comercial.
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BRAZIL MAY WAIVE PORT TAXES
The Philadelphia Regional Port Authority (PRPA) is in the throes of swapping maritime land known as the Pier 98 Annex to the SYSCO Corporation, a domestic food distribution company.The Brazilian government has revealed that it is contemplating implementing legislation that will waive taxes normally imposed on national ports as a ...
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NewsLNG terminal for Long Beach
Conoco Phillips and Mitsubishi have signed an MOU to undertake a joint development of an LNG import terminal at the US West Coast port of Long Beach. Investment of up to $400m will enable the facility to output 700m cu ft of gas daily, rising to 1,000m cu ft during ...
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Venezuela to build new deepsea port
The Philadelphia Regional Port Authority (PRPA) is in the throes of swapping maritime land known as the Pier 98 Annex to the SYSCO Corporation, a domestic food distribution company.Venezuela's Infrastructure Ministry (Minfra) has called for bids for a contract to undertake a feasibility study for a $1.2bn deepwater port on ...
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Esmeraldas in the private sector
On 15 July Puerto Nuevo Milenium SA, a Colombian/ Ecuadorian consortium, took over management of Ecuador''s Esmeraldas port for the next 25 years.
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Cross-continent rail link mooted
The Chilean and Brazilian governments are in discussion regarding the promotion of a rail link between the ports of Antofagasta and Santos.
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Santa Fe to return to private sector
October 2004 has been set as the deadline for bids to operate the container and multi-purpose terminal at Argentina''s Santa Fe port.
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Ennore touts for business
About 25km to the north of Chennai, Ennore Port Ltd is to go out to tender for a 30-year BOT contract to build a brand new container terminal capable of accommodating vessels of up to 8,000TEUs. The facility, which will have an annual capacity of 6m TEUs, is being built ...
