Port News

Export containers pile up at Haldia dockMar 8, 2010

Shipments of exports in containers from Haldia dock have come to a standstill for the past two days, with the result an estimated 1,000 boxes are lying accumulated in the container parking yard (CPY), the Hindu Business Lines reported/ The pile-up, it is feared, will increase as the boxes laden with exports keep on arriving at the dock even as not a singl...

Cape Town container terminal plan on trackMar 8, 2010

A three-year programme of development at Cape Town's container terminal is expected to be completed at the end of this year, the Star reported. The project will see about US$804.1 million spent on civil engineering work and new equipment, including eight new super post-Panamax cranes, which have the ability to pick up two containers at a time. Moshe Mo...

Bengal Tiger in Singapore, Chennai, Thai ports tie-upMar 8, 2010

Feeder operator Bengal Tiger Lines (BTL') has tied up with the Thailand-based Regional Container Lines (RCL) and Japan's mainlines MOL to directly link Singapore to Laem Chabang in Thailand and Chennai, the Hindu Business Line reported. Commencing March 23 from Thailand, the parties will each deploy a 1,100-TEU vessel on a 21-day round voyage, providing...

$21.8m needed to "rehabilitate" Tacloban portMar 8, 2010

The Philippine Ports Authority (PPA) said that the old city wharf in Tacloban, Manila, needs to be fully "rehabilitated" in order to cope with the higher volumes of cargo traffic expected in the coming years, BusinessWorld reported. The cost of the project has been estimated at US$21.8 million. The proposal has been sent to the PPA engineering department ...

Proposed iron ore terminal garners much interest in IndiaMar 8, 2010

Mumbai: Mormugao Port Trust (MPT)  is planning to build an iron ore terminal west of its breakwater and has received 14 bids from companies keen to get involved in the project. ‘We are employing the PPP (public-private partnership) model for the proposed terminal, which is the single largest project we have ever undertaken at the port,' said M...

Hamburg Sud examines port situation in ChileMar 8, 2010

HAMBURG Sud has announced that in the north of Chile the ports of Iquique, Antofagasta and Port Angamos are fully operational, in the wake of the strong 8.8-magnitude earthquake and resulting tsunamis that struck the nation at the end of February. In Valparaiso, the container terminal used by Hamburg Sud, TPSV, has announced that it is 90 per cent operati...

ICTSI profit off 11pc, Asia provides growth in 2009 Mar 8, 2010

GLOBAL port operator International Container Terminal Services Inc (ICTSI) suffered an 11 per cent decline in pre-tax profit last year to US$175.7 million, drawn on revenues of $421.7 million, down nine per cent of from 2009 sales to $463.1 million. "Two thousand nine marked the first full year decline in global trade volumes since the end of the Second W...

Port of Hamburg first among Nordrange portsMar 5, 2010

- In a survey organised by the Unicredit Bank, the Port of Hamburg achieved an average rating of 1.84 – the best score out of eight ports in northwestern Europe. Rotterdam came out second, and another contender, Antwerp, was only able to make it into fifth place. The study points in particular to the Port of Hamburg’s future potential. The shi...

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