Port News

Philippines port operator to run Kattupalli terminalApr 11, 2011

The Philippines port operator International Container Terminal Services Inc. (ICTSI) will open a new container terminal by January 2012 at Kattupalli near Ennore in Tamil Nadu, where Larsen and Toubro Ltd (L&T) is building a shipyard at a cost of '3,375 crore, IIFL reports. ICTSI and L&T Shipbuilding Ltd "have signed a container port operation ...

Santos Brasil invests $14m into land near Imbituba portApr 11, 2011

Brazilian container terminal operator Santos Brasil has invested US$13.8 million in land near Imbituba port in the southern state of Santa Catarina, reported Business News Americas, Cargonewsasia reports. The 2.1 sq m lot is located near federal highway BR-101, around 6km from the port where Santos Brasil operates a container terminal. The company acqui...

ICTSI in joint venture to develop, manage, operate Tamil Nadu CTApr 11, 2011

MANILA global port operator International Container Terminal Services Inc (ICTSI) has signed an agreement to develop, manage and operate the Kattupalli Container Terminal now under construction in southern India's Tamil Nadu. According to a company statement, the Kattupalli terminal will be ICTSI's first venture in India. The terminal is located near Ch...

Rejected by Xiamen, MOL Presence passes radiation test in Hong KongApr 11, 2011

REJECTED by the Port of Xiamen, the MOL-operated containership MOL Presence has received permission to call at Hong Kong after passing the radiation level test conducted by Hong Kong authorities. Sailing to California, the 6,350-TEU MOL Presence put into Tokyo for a few hours on March 17 and proceeded to Xiamen on the night of March 21. The Chinese auth...

Mr. Magomedov elected NCSP's Board ChairmanApr 8, 2011

The Board of Directors of Novorossiysk Commercial Sea Port (NCSP) on April 7th elected Mr. Ziyavudin Magomedov the Chairman of the Board of Directors, the company's press release said. The new Chairman commenting on the Board’s decision noted that NCSP Group had started this year with the largest and promising transaction in its history (merger of...

Floating port offers 'quick fix' to congestionApr 8, 2011

A novel idea for a floating hub port has been unveiled which could not only boost the Scottish economy, but also provide an answer to ports’ perennial problems of trying to predict the future. The idea has been developed by Edinburgh Napier University’s Transport Research Institute (TRI) and crane manufacturer Gottwald as part of the EU StratM...

Israel Starts Sale of Eilat Port Apr 8, 2011

Israel kicked off the long awaited privatization of the nation's state-owned sea ports by seeking bids to operate the Red Sea port of Eilat. The government plans to sell its entire holding in the port to a private company, preferably a strategic investor, which would get an initial 15 year operating concession with an option for a further 10 years. The...

ICTSI, LTSB seal port deal in southern IndiaApr 8, 2011

Philippine-based International Container Terminal Services, Inc. (ICTSI) and L&T Shipbuilding (LTSB) have agreed to jointly manage and operate the Kattupalli Container Terminal in Tamil Nadu, India. The container terminal is located near Chennai in Thiruvallur district. It has two 350 metres long berths and a total terminal area of around 20 hectares ...

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