World News – Page 497

  • Jubilee Port near Ashdod planned as private facility
    News

    Israel's Jubilee Port stays within state

    2004-06-01T00:00:00Z

    In 2003, Israel''s national ports authority made an operating profit of $74.75m on revenues of $459.35m, down 2% over 2002. Following a $90.13m transfer of cash back to the state, the organisation remained in financial equilibrium on the year. $368.34m of total income was derived from operations, $36.61m from financial ...

  • Kochi: DPI offered to share a staggering 33.3% of total revenue
    News

    DPI to manage Kochi/Cochin

    2004-06-01T00:00:00Z

    Dubai Ports International, the overseas management arm of Dubai Ports Authority (DPA) offered to share a staggering 33.3% of total revenue with the Indian government when bidding for a concession to run a major new transhipment facility at the port of Kochi/Cochin. Only two other companies bid: the IL& FS ...

  • News

    APMT assumes control of Pipavav

    2004-06-01T00:00:00Z

    APM Terminals, which currently holds a 12.5% stake in India''s first private port company, Gujarat Pipavav Port Ltd (GPPL), is to assume management control of operations as part of a restructuring plan which will also see it buy the 37% stake held by Sea King Infrastructure Ltd. However, with current ...

  • News

    MSC in Fos2XL deal..

    2004-06-01T00:00:00Z

    This process has been given the blessing of the Indian authorities, who have given permission for foreign direct investment to be increased from 49% to 100%. The money raised via the share issue is needed to fund construction of a new dedicated container terminal which will have an annual capacity ...

  • Cold ironing: power the ships from the shore, or a barge
    News

    Cavotec presses for cold ironing in California

    2004-06-01T00:00:00Z

    Supplying shore-side electricity to ships at berth - or " cold ironing" - is cost effective for certain types of vessels that call regularly in Long Beach, that use a lot of power, and that spend a lot of time in port, according to a study commissioned by the port.

  • Botany Bay: independent commission of enquiry
    News

    Botany Bay's future under scrutiny

    2004-06-01T00:00:00Z

    This month an independent inquiry will examine whether Sydney Ports Corporation (SPC) should be allowed to go ahead with the first major land expansion at its Botany Bay container port in 30 years. Kevin Chinnery reports.

  • Port Phillip Bay: 30% of the worlds container vessels cant get in
    News

    Melbourne accelerating dredging programme

    2004-06-01T00:00:00Z

    Port Phillip Bay: 30% of the worlds container vessels cant get inThis process has been given the blessing of the Indian authorities, who have given permission for foreign direct investment to be increased from 49% to 100%. The money raised via the share issue is needed to fund construction of ...

  • The EU funded 73% of the development cost of the Setubal multi-purpose terminal. Does the current privatisation programme for it represent good use of this resource?
    News

    SETBACKS SETUBAL

    2004-05-01T00:00:00Z

    The Setubal Port Administration has embarked on a privatisation process that flies in the face of the widely anticipated benefits of a more competitive and lower cost operating environment.

  • News

    UK's ports lukewarm on "Motorways of the Sea" project

    2004-05-01T00:00:00Z

    The European Parliament has adopted new guidelines for the trans-European transport network that include the " Motorways of the Sea" initiative.

  • TERRA MARIQUE and Concorde pass Westminster
    News

    London proves its worth in reducing traffic chaos

    2004-05-01T00:00:00Z

    The specialist heavy-lift multi-purpose pontoon, TERRA MARIQUE, loaded with Concorde GB-OAA has successfully completed its journey down the river Thames and up the North Sea to the aircraft''s destination in Scotland.

  • News

    Dibden rejected

    2004-05-01T00:00:00Z

    UK Transport Minister Tony McNulty has accepted the recommendation of the Dibden Bay Inquiry Inspector to turn down proposals for a new container terminal on Southampton Water.

  • AS&Es CargoSearch
    News

    Sokhna gets new equipment

    2004-05-01T00:00:00Z

    Egypt''s Ain Sokhna port will install transportation security equipment provided by the American Science and Engineering Inc.

  • News

    And will the UK be ready?

    2004-05-01T00:00:00Z

    It is questionable whether the UK Government can move at the necessary speed to ensure realistic and safe maritime logistics security systems are in place by July, as required by the ISPS Code. TRANSEC in the UK is currently undertaking assessments and reviews only of the key ports, approximately 30 ...

  • Kleipeda: the port experienced a whopping 65.3% increase in container traffic last year and expects further significant gains
    News

    HOPES FOR TRADE BONANZA FUEL INVESTMENT PLANS

    2004-05-01T00:00:00Z

    1st May saw ten new member countries, and 75m more people, join the European Union. What are the strategic aspirations and development plans of their ports and what can they offer? Tom Todd, Mike Mundy and Nick Elliott report.

  • BCT now has new quay and yard areas available as required
    News

    POLAND: BIG IS BEAUTIFUL

    2004-05-01T00:00:00Z

    Poland offers the largest market out of all the new countries joining the EU and has recently been the subject of strong container traffic growth at the nation''s premier port gateway, the Baltic Container Terminal (BCT) in Gdynia.

  • Lubeck targets intermodal traffic
    News

    GERMAN PORTS BATTLE BULGES AND EYE THE FUTURE

    2004-05-01T00:00:00Z

    Germany''s seaports, including its now integrated former GDR facilities, expect to benefit greatly from the EU''s eastern extension, reports Tom Todd.

  • News

    Spaniards bring LPG to Mexico

    2004-05-01T00:00:00Z

    Spanish company Repsol-YPF has made an initial payment of $3.4m to the port authority of Mexico''s Lazaro Cardenas port as part of its concession to establish an LPG terminal there.

  • News

    Kingston Wharves has new shareholder

    2004-05-01T00:00:00Z

    The 44% stake in Kingston Wharves held by Grace, Kennedy has been bought by Jamaican/ Canadian billionaire Michael Lee Chin for $10m, thus ending the company''s relationship with the port, which has gone back over many decades.

  • News

    Barcelona gets more capacity

    2004-05-01T00:00:00Z

  • News

    PSA shows interest in Mumbai

    2004-05-01T00:00:00Z