World News – Page 500
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Cosco buys into Antwerp Gateway
COSCO Pacific Limited is buying a 25% shareholding in P& O Ports'' new container terminal, Antwerp Gateway.
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LE HAVRE SIGNS FIRST NEW BOX TERMINAL CONCESSION
Rotterdam's container movements jumped by more than 12% to 9.3m TEUs whilst Antwerp registered 6.5m TEUs up nearly 7% on the previous year.Le Havre port authority and stevedores Generale de Manutention Portuaire (GMP) have signed the first concession agreement covering the initial stage of the Port 2000 development. GMP will ...
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NewsBCT clinches US$36m loan
Baltic Container Terminal (BCT) in Gdynia has concluded arrangements with Bank Austria Creditanstalt AG (BA-CA) and Bank BPH (BPH), both members of the HVB Group, for a US$36m term loan facility to be used in conjunction with the initial phases of BCT''s capacity expansion programme. The loan facility will help ...
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SETUBAL AWARDS MULTI-PURPOSE TERMINAL CONCESSION
Germany's DVD Bank is also participating in the transaction in syndication.Portugal's Setubal and Sesimbra port authority and the Tersado and Sadaport companies have signed concession contracts covering zones one and two of the Setubal Multi-Purpose Terminal. The operating companies are controlled by a consortium consisting of Setefrete, Mota-Engil and Empresa ...
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NewsAdsteam rolls out 3-man crewing
Harbour towage contractor Adsteam UK has completed the first phase of its national roll-out of 3-person crewing, agreed with the UK''s Transport & General Workers Union. Operations at Liverpool, Southampton, Medway, Hull and Felixstowe have now implemented the new working system.
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NewsNew deepwater berth
British MP Gwyneth Dunwoody has opened a new deepwater berth at Felixstowe''s Trinity container terminal, Trinity lll.2.
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NEW HAZ-MAT TERMINAL IN GERMANY
Chemion Logistik has inaugurated a new container terminal at Bayer Chemiepark in the city of Leverkusen.
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MERSEY DOCKS IN £1BN TAKEOVER APPROACH
CVC Capital Partners, the private equity house, has made an approach to Mersey Docks and Harbour Company which could result in a £ 1billion takeover of the Liverpool-based ports group. Mersey Docks was forced by the Takeover Panel to reveal that it had received a " preliminary approach" from an ...
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New deal at Fos Distriport
Half the available plots at Fos Distriport - the Port of Marseilles'' logistics zone being developed alongside the existing Fos container terminal - have now been taken following the sale of 9.5 hectares for the construction of a 47,000 square metre warehouse due to open in 2006.
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BOULOGNE AT AXIS OF NEW HIGH SPEED SHORTSEA RO-RO SERVICE
Boulogne is to launch a high-speed freight service connecting it north and south to Oslo and Vigo.
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NewsMarseilles approves Fos 2XL terms with MSC
The Port of Marseilles Authority (PMA) has approved the terms of the agreement under which MSC is to operate one of two new facilities within the port''s Fos 2XL container terminal development. The MSC concession covers 700 metres of quay and 54 ha shoreside.
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CCTL ORDERED TO REIMBURSE USERS
India''s Tariff Authority for Major Ports (TAMP) has directed Chennai Container Terminal Ltd to reimburse all special service request charges it levied on containers stored in its stacking yard during the strike earlier this year.
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SLPA not to buy previous TMS
Sri Lanka Port Authority (SLPA) chairman Dileepa Wijesundare pointed out that the previous administration planned to invest US$29m on what would have been an inferior Terminal Management System resulting in a waste of nearly US$15.5m.
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MARSEILLES TO ASSIST COTONOU'S DEVELOPMENT
Union general secretary Trevor Hanson says a sudden flood of requests for imported labour in other industries indicates a concerted campaign to "open the New Zealand labour market up to sweatshop-style conditions".The Port of Marseilles Authority has strengthened its links with West Africa - a market worth 600,000 tonnes of ...
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NewsEC's proposed Port Services Directive slammed - again
The dockers'' and seafarers'' sections of the of both the International and European Transport Workers'' Federations (ITF and ETF) are expressing their " deep regret and grave concern" at the European Commission''s retabling of the revised version of the Port Services Directive.
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MEL-ERASMUS PRIZES
Eight students representing 21 countries have obtained their Master of Science degree in Maritime Economics and Logistics (MEL) at Erasmus University, Rotterdam. The course includes modules on Port Economics focusing on issues such as privatisation and finance, whilst the Maritime Logistics module aims at delivering operational knowledge on terminal design, ...
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NewsCorruption at Chittagong costs US$130m annually
Importers and exporters working at Bangladesh''s leading seaport of Chittagong pay an estimated US$130m in bribes every year, claims a report by the Berlin-based anti-corruption watchdog Transparency International which reviewed transactions in the port between July 2003 and June 2004. There are 37 separate points where bribes are habitually made, ...
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DPI Grabs CSXWT for US$1.4 billion
Quite literally at time of going to press we learned that Dubai Ports International (DPI) has secured the global assets of CSX World Terminals for US$1.4billion. DPI was a late runner and there will be those who are surprised to see them paying such a price. Clearly, DPI was determined ...
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SRI LANKA FACES SHORTAGE OF DRIVERS
In comparison, vessel loading and unloading added just US$6.8m to the overall cost of moving goods through the port. The report also emphasises that US$11.7m in bribes were required to smooth the passage of export consignments through Chittagong.Container road haulage companies in Sri Lanka believe they may be facing a ...
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SOUTH AFRICA TO BOOST SPENDING ON PORTS
South Africa''s transport authority, Transnet, is to implement a US$6.3 billion investment programme over the next five years to expand existing port and rail infrastructure.
