World News – Page 489
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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.
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HOW ROTTERDAM DOES IT
Over 50% of Rotterdam''s incoming liquid cargoes consist of tropical oils such as palm and coconut oil. These, along with as soybean, rape and sunflower oil are partly transhipped directly onto inland vessels and partly stored by Vopak Vlaardingen, Koole Pernis, Maastank and Maassilo.
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PROES AND MUSC JOIN FORCES
He was there during many defining moments in his chosen professional sphere.PROES, creators of SECUREPORT, have joined forces with MUSC to support the programme of security enhancements for the ports of Spain. PROES developed SECUREPORT, the port security assessment tool created for the National Spanish Port Administration, Puertos del Estado ...
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NEW YORK'S SPEND ROCKETS
New York Port Authority Board of Commissioners has approved a US$4.5 billion 2005 budget that upgrades security at its airports, bridges, tunnels, seaports and rail system. The port has seen its costs for security rise dramatically since September 11, 2001.
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NewsTSUNAMI SPARES PORTS
The shocking death toll resulting from the Indian Ocean tsunami has stunned the world by its sheer scale. Yet despite the damage wreaked on homes and hotels, the port and shipping industries, which initially looked as if they would take the brunt of it, remained surprisingly unscathed by the disaster. ...
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PRINCIPAL CONTAINER PORT PROJECTS
LOCATION PROJECT STATUS THAMES Tilbury Container ABP/Forth Ports (FP)/P& O Ports'' TCS recently installed second berth, new gantry cranes and railhead totalling £ 50m.
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NewsSTRATEGY WHAT STRATEGY?
The UK needs a properly thought through network of container terminals around its coast. Burgeoning trade and the need for fast, just-in-time delivery; road congestion and rising road transport costs (the Working Time Directive alone will add 20% to the cost of road haulage it is estimated); the need to ...
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PORT BOSSES EXPRESS URGENCY
There is an urgent need for more deepsea container port capacity in the UK. Port operators have expressed their fear that without substantial expansion the UK''s major ports will run out of capacity within six years. According to Drewry Shipping, 99% of the UK''s imports (in volume terms) enter by ...
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Liscont to be moved to Santa Apolonia
Lisbon Port Authority (APL) has communicated to its leading deepsea container terminal Liscont that it would like it to vacate its current concession in the Alcantara zone and move to an entirely new site at Santa Apolonia. To build the proposed new terminal would cost an estimated ¢ 200m, although ...
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NewsMarseilles polls workers over plans
Marseilles-Fos handled 94m tonnes of cargo in 2004, a 1.6% drop on the previous year''s but container throughput rose 10% to 916,600TEUs. The total included 593,600TEUs at Fos and 323,000TEUs at Marseilles.
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NewsNew port for the Greater Dublin
The Drogheda Port Company (DPC) has announce its long term development strategy.
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NewsOfficial opening
Following studies, Bremore in Fingal Co, Dublin, was selected for a new deepwater port.Port of Tyne's £6.3m warehouse has been officially opened by Nigel Sherlock, Lord Lieutenant for Tyne and Wear. At 18.6 metres high, the new facility provides palletised warehousing for high value products bringing the total warehousing capacity ...
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NewsGenoa's port masterplan
¢ 4 billion port masterplan will be revised to incorporate leading architect Renzo Piano''s "Fresco of the Port of Genoa" concept. The Fresco is revolutionary in that it would transform the entire 20 kilometre coastline, from Voltri to the Fiera Exhibition Area.
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ALGECIRAS AND TANGIER NOT COMPLEMENTARY
The timescale of the plan - divided into three phases - has been estimated at 6, 12 and 18 years and will be achieved with no detrimental effect to daily port operations. Piano's plan envisages doubling the current operating surface from 200 to 400 hectares, thereby providing Genoa with the ...
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NEW PORT FOR PANAMA
The Panamanian government is due to issue a tender in 2005 for a mega-port at the Pacific mouth of the Panama Canal costing US$600m.
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DVB Bank finances port projects in Finland and Russia
DVB Bank has closed a € 71m investment project with new Irish port operator, Multi-Link Terminals Ltd (MLT). The transaction relates to MLT''s container terminal operations in Helsinki and Kotka in Finland and Litke Bay on Kotlin Island near St Petersburg. The current capacity of the Helsinki container terminal is ...
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NewsRotterdam
Further expansion is required in order to meet future demand and the aim, in respect of the Kotka project, is to add container terminal equipment equivalent to a capacity of up to 50,000TEUs per year. The capacity of the Litke Bay Terminal is to be increased to 150,000TEUs (Phase II) ...
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CADIZ BAY TO INVEST €91M
Cadiz is investing € 91m in infrastructure upgrades during the period 20032008.
