World News – Page 491
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COATZACOALCOS TO BUILD BOX TERMINAL
The port authority of the Mexican port of Coatzacoalcos stated recently that US$26.75m will be required to build a container terminal at the harbour of Pajaritos.
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Cordoba plans new port close to canal
International operator Hutchison Port Holdings, already with port interests in Mexico, is one party known to be looking at new port development together with various logistics operators in order to establish "cargo pipelines" into the US.Cordoba Port Company (SPC), which has been established to progress construction of a maritime port ...
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SANTOS TO INVEST IN ALCOHOL
Stolthaven, the port of Santos'' leading handler of industrial alcohol, is to expand its current storage capacity by 150% over the next three years.
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Peru approves National Port plan
The Peruvian government has approved the National Port Development Plan. The next step will be the signing of an agreement between Peru''s investment body, Proinversion, and the National Port Authority, which will allow the plan to be put into action and also permit the introduction of private investment in the ...
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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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NewsAnd elsewhere on the Subcontinent . . .
Perhaps in response to the possibility of Sethu becoming reality, by which Indian ports will attempt to lure significant amounts of cargo away from Colombo, the Sri Lanka Ports Authority has revealed that it is planning construction of four new container terminals at Colombo. The first phase of construction will ...
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NewsDemocracy in Action
Gavin van Marle spent several months roaming India recently. His report reveals how a stifling bureaucracy and genuine democracy form a two-edged sword in a country whose port sector is intent on progress.
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NewsAngolan Angst
Steve Cameron provides an update on the tortuous process of concessioning out terminal operations in Africa.
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Chinese Bottlenecks persist
Impediments to the cargo pipeline performing well, from iron ore producer to steel manufacturer, are not all, about what is happening at the exporter end in Australia.
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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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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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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 ...
