World News – Page 491
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THREE BID FOR EL SALVADOR BOX TERMINAL PROJECT
Maersk, Hutchison Port Holdings and SSA Marine have indicated an interest in building and operating a container terminal in the El Salvador port of La Union.
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P&O Nedlloyd and Voltri alliance
After weeks of speculation that " something was cooking" between P& O Nedlloyd and PSA International in Italy, where the latter group has container handling interests, it has been announced that the two parties are to form a joint venture in Genoa which will give P& O Nedlloyd a dedicated ...
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NewsPlaying Hardball
70+% price hikes, entirely new sources of supply being developed? Australian iron ore producers are enjoying a bull-run in meeting demand from China. The ports are coping but more pressure is building. Mike Mundy and Kevin Chinnery report.
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UP THE YANGTSE
Port and infrastructure development is hotting up along China''s Yangtse River as James Macpherson reports.
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NewsTOO MUCH OF A GOOD THING
Mae West once said: " Too much of a good thing can be wonderful." But as the North American West Coast ports are finding out, too much of a good thing can also mean big trouble. Michael Rosenfeld reports on what may come to be seen as lessons in both ...
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NewsIN THE EVENT OF AN EMERGENCY. . .
The UK Secretary of State''s Representative for Maritime Salvage and Intervention (SOSREP) is a charismatic character named Robin Middleton. Jack Gaston talked to him.
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GRAVESEND CREWS IMPLEMENT CHANGE
As part of its move to 3-person crewing - agreed as part of a National Framework Agreement with the Transport & General Workers Union (TGWU) - Adsteam UK''s Gravesend crews have now agreed to implement changes in working systems and procedures. Commenting on his members'' decision to implement the agreed ...
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South African dockers strike
Dockers at Durban, Cape Town and Richards Bay have refused a 6.2% pay offer and are holding out for 8%.
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PERUVIAN STEVEDORES REJECT CONCESSION PLAN
Port workers in Peru have rejected the government''s recent port concession programme, threatening to go on strike should attempts been made to implement it.
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NewsPort Klang to create super terminal?
Two of the largest container terminal operators at Malaysia''s Port Klang, Northport and Westport, are planning to merge to create a regional super-hub capable of handling 5mTEUs a year. Of the two, Northport is the larger with an annual capacity of 4mTEUs. However, before changes can be made, they will ...
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SALDANHA TO GET UPGRADED RAIL LINK
Nevertheless, other options are also being studied in case the government says no.Kumba Resources, South Africa's largest iron ore producer, has struck an agreement with Transnet, the State transport holding, to expand capacity on the company's railway line linking its Sishen mine in the Northern Cape with the export terminal ...
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TUTICORIN TO UPGRADE INFRASTRUCTURE
Tuticorin Port Trust has allocated US$22m towards improving infrastructure facilities at the port in 2005-06. This will fund construction of a new berth with alongside draught of 10.7 metres, and also road works costing US$3.8 9m.
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Jurong oil terminal contracts awarded
Dubai-headquartered Horizon Terminals Limited (HTL), established by Emirates National Oil Company (ENOC), has awarded construction contracts for a US$200 million bulk liquids terminal to be built on 39ha of land at Banyan, Jurong Island in Singapore.
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SIP PLANS HONG KONG FLOAT
Shanghai International Port (SIP), now the world''s third busiest, is planning to raise US$800m on the Hong Kong stock exchange as a means of funding its expansion programme.
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INDIAN GOVERNMENT INTRODUCES CONCESSION RESTRICTIONS
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).India's Shipping Ministry has made changes to its policy regarding private ownership of the country's container terminals. Whereas previously it had stated that one operator would be restricted to two ...
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China increases container league table domination
With Hong Kong sitting atop the 2004 league table and neighbouring Shenzhen, comprising the three terminal complexes of Chiwan, Shekou and Yiantian, now ranking fourth, the massive factory outlet that is southern China accounts for a cool 35.5mTEUs annually according to the latest figures from Containerisation International.
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NewsSouth Africa invests in box terminals
The South African state owned holding, Transnet, has approved a US$349.37m investment upgrade package for container terminals in both Durban and Cape Town.
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MONGLA THREATENED BY MAFIAS
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).Exporters using the Bangladeshi port of Mongla have asked the government to take immediate action against the 11 Mafia groups which it claims are preventing smooth operation of the port, ...
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Chittagong opens one-stop shop
The contract for consultancy was awarded to Singapore's Jurong Consultants and made on behalf of Horizon Singapore Terminals Pte Limited (HSTL).A one-stop shop service centre has been opened at Chittagong to improve the delivery of imported consignments. This, it is claimed, will allow importers to clear consignments within 1.5 hours ...