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The National Concessions Board of Costa Rica is to permit technical studies to be carried out for a $700m transhipment terminal close to the existing Port of Moín on its Atlantic coast. Results are expected within a year and a tender will be issued in mid-2011 should these suggest such an installation would be feasible. Source: Port Strategy
The expansion of the Panama Canal has prompted Cuba to fund the expansion and modernisation of its three main ports in collaboration with China and Venezuela. Dredging will deepen draught in Havana, Cienfuegos and Santiago, which handle 80% of the islands international maritime traffic. Much of the work will be bankrolled by China and also by a joint vent...
Hackett Associates has launched a Global Port Tracker report to replace IHS Global Insight’s Port Tracker, which ceases publication at the end of the year. First to market, the North American edition of the Global Port Tracker analyses the existing six month rolling forecast for 11 key ports, and includes a four quarter rolling forecast. Historica...
Setting out the UK government’s conclusions on the need for advancing port infrastructure, a new draft National Policy Strategy (NPS) has highlighted the need for increased investment over the next two or three decades and projects a definite requirement for increased capacity in the years ahead, despite the current downturn. The interim revie...
Marsa International Tangier Terminals is to assume management of T4 at the new Port of Tangier Med II. The 30-year concession was awarded last year to a consortium consisting of Marsa Maroc, PSA and SNI, although it is not clear whether PSA is still involved. The facility is slated to open in the second half of 2014. Source: Port Strategy
Eleven new rubber-tyred gantry cranes at the port of Georgia aim to conserve more than 83,000 gallons of diesel per year – a 33% saving compared with the existing fleet’s average consumption. Besides typical generational changes, the newer models are more energy efficient. The cranes are designed with a power management system that operates at...
Hong Kong-listed Chu Kong Shipping Development is planning to construct a new terminal in the Pearl River Delta through a joint venture, a news report said. The joint venture partner will be China's state-owned investment firm Guangzhou Nansha Assets Operations, Lloyd's List reported. The project proposes a terminal in Nansha port, Guangzhou city, wit...
Shanghai International Port (Group) Co Ltd has set up a joint venture with Italian MSC Cruises, the largest cruise operator in the Mediterranean, cruise operator in the world. The JV, named the MSC Cruises Travel Agency (Shanghai) Company, is the first joint venture for cruises approved by the Chinese National Tourism Administration. It will be mainly eng...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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