World News – Page 482
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NewsJNPT congestion..
JN Port''s two existing container terminals continue to suffer congestion problems with some 14,000TEUs rumoured to be effectively trapped within the various stacking yards because of insufficient block trains to move them.
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..and P&O Ports' CCCL at Chennai following suit
P& O Ports is also facing congestion problems at Chennai on India''s east coast, where feeder operators increased the congestion surcharge from $15 to $50/TEU as from July 15. Chennai International Container Terminal Ltd (CCCL) has been suffering from serious berthing delays and a drop in productivity following a strike ...
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Inflexible decision-making dogs Indian ports
India''s recently published Economic Survey 2003-2004 highlighted the main problems faced by the country''s 12 leading ports - Kolkata (Calcutta), Chennai, Cochin, Ennore, JNPT, Kandla, Marmagao, Mumbai, New Mangalore, Paradip, Tuticorin and Visakhapatnam - which handle 76% of national port volumes.
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NewsICTSI sees 100%+ increase in half-year profits
ICTSI has doubled its half-year profits compared to the same period in 2003. The company''s international operations in Gdynia, Poland and at Tecon Suape, Brazil made a significant contribution to the result. ICTSI reports that net profits for the first half of 2004 were $8m, up 101% compared with $3,98m ...
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IRANIAN DEAL FOR ALPS
Ironically, while PSA Corp is backing out of India - see preceding story - a consortium of Indian companies has taken their expertise overseas and signed a deal to set up a container terminal at the Iranian port of Chabahar.
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PTP REPORTS RECORD GROWTH
The Tecon Suape terminal reported profits for the first time with these following on from a significant increase in cargo throughput and positive management initiatives on the part of ICTSI to introduce more efficient operational procedures and working practices.Malaysia's PTP, Singapore's new rival, reported a 25% first half throughput increase ...
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SHANGHAI EXPECTS
The Tecon Suape terminal reported profits for the first time with these following on from a significant increase in cargo throughput and positive management initiatives on the part of ICTSI to introduce more efficient operational procedures and working practices.The latest traffic forecast from Shanghai estimates a container throughput of 14mTEU ...
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PSA pulls out of India
Indian port news is plentiful this month with the " ins and outs" of investment strategy, congestion issues, new development plans and mooted institutional change in port authority operating structures, all generating items of interest.
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P&O Ports signs for Bengal box terminal
The international terminal operator that has shown most commitment to India is P& O Ports and it has just reaffirmed this by securing the rights to become an investor in Bengal Port Ltd (BPL). In early August, according to a P& O Group announcement, P& O Ports signed development and ...
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PARADIP CLOSING DATE
15 September 2004 is the closing date for qualifying bids for a BOT project for the construction of a new iron ore export facility at Paradip on India''s east coast.
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SHENZHEN CONTINUES TO CLIMB
The Chinese port of Shenzhen reported a 32% first half throughput growth with a total of 6.06mTEU, in line with expectations. The port''s three terminals forecast reaching at least 13mTEU by the end of the year.
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INCHON PHASE ONE OPENS
Phase I of the Inchon Container Terminal (ICT), located 30km from the South Korean capital of Seoul, has opened for business.
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Jan De Nul
Belgian dredging contractor Jan De Nul has recently been awarded more than € 200m worth of contracts. In Hong Kong, landfall dredging and close to 1.5m tons of rock-dumping has to be executed for the gas pipeline connecting the Guangdong Liquefied Natural Gas Terminal located at Cheng Tou Jiao (Shenzhen) ...
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NewsSTRUCTURAL CHANGES BRING NEW CHALLENGES
The growth in scale and complexity of Asia''s container terminals is providing the ports of the region with massive new challenges - and new opportunities. Steve Meyrick tells the story.
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NewsThreat of sanctions won't help
The UK''s Freight Transport Association (FTA) has criticised the port of Felixstowe for introducing a controversial security surcharge and threatening to give a " lower priority" to some imported containers, delaying them within the port.
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NewsKongsberg completes Aberdeen project
The North Sea oil port of Aberdeen can now utilise a new observation system recently completed by Kongsberg Maritime. The system utilises Internet Protocol (IP) technology to supply high-resolution camera pictures and AIS information.
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MOMBASA FACES LOSS OF UGANDAN TRADE
Uganda and Sudan are in discussions to develop a new trade route through Port Sudan as an alternative to Mombasa which the Ugandan government regards as inefficient.
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NewsValencia woos China Shipping and MSC
China Shipping is reportedly evaluating Malta Freeport against Valencia as the hub where it will deploy its new fleet of 8,100TEU vessels. In July 2002, the carrier agreed with Malta that it would use facilities there to tranship boxes between its Asia, Mediterranean and East Coast US services. However, a ...
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ADANI OPTS FOR SMALLER IRON ORE TERMINAL
China Shipping initially deployed 5,500TEU vessels on its Far East-North Europe service which called solely at Valencia.India's Adani Group has chosen the small Belekeri jetty in northern Karnataka state rather than the larger port of Mormugoa to concentrate exports of iron ore to China saying the facility is experiencing too ...
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MUMBAI'S LUXURY MARKET
The Indian government has added Mumbai to a list of ports now licensed to handle new vehicle import traffic.
