Port News

Hamburg Sud to add fifth Brazil port of callAug 22, 2008

Hamburg Sud is adding a weekly port of call from Jacksonville to the southern Brazilian port of Navegantes, to take advantage of the South American nation's booming economy. The stop at Navegantes will be launched from mid-September, making it the fifth Brazilian port called on by the line, said Francis Larkin, Hamburg Sud's senior vice president, rep...

Busan plans new oil terminalAug 22, 2008

Construction of a new fuel oil terminal in South Korea's main bunkering port is scheduled to start in early 2010, a major development aimed at boosting sales for the country's marine fuel market. Since 2006, the Busan Port Authority (BPA) has been planning to build the oil terminal in Busan New Port, which commands about 50% of the country's bunker sa...

Houston looks to add cranes, fund study for new terminal Aug 22, 2008

Port of Houston Authority commissioners next Tuesday will consider advertising for three electric cranes for the Bayport Container Terminal. The cranes, estimated to cost $33 million to $34.5 million, are needed because the port is building a third berth at Bayport. They would supplement six already in use at the terminal. When completed, Bayport will...

Firms want to build oil terminal off Texas coast Aug 22, 2008

Three companies are planning to build an oil terminal 36 miles off the coast of Freeport, Texas, that would provide an alternative to offshore lightering of tankers. Enterprise Products Partners L.P., TEPPCO Partners L.P., and Oiltanking Holding Americas Inc. said the Texas Offshore Port System (TOPS) would include an offshore port, two onshore storag...

Hutchison reports increase in sales, container throughput Aug 22, 2008

Hutchison Whampoa said it had revenue of HK$176 billion ($22.5) in the six months ending June 30, 25 percent more than in the same 2007 period. The company said its ports and related services division handled 32.8 million TEU, 4 percent more than in the same 2007 period, and that revenue from that business was HK$19.6 billion ($2.5 billion). Hutch...

CMA CGM doubles Chinese terminal investment with Tianjin venture Aug 22, 2008

France's CMA CGM Group, as part of a three-party joint venture, today signed a 50-year concession agreement to build and operate a 1.7 million-TEU capacity container terminal in the Port of Tianjin in North China. The new facility, which is expected to become operational in 2011, will feature a 1,100-meter quay and will be operated by a joint venture ...

NRF to join ATA suit against SoCal truck plan Aug 22, 2008

The world's largest retail trade association has filed legal papers requesting to join a trucking industry lawsuit against the Southern California ports trucking re-regulation plan. The National Retail Federation, in its filing which included arguments supporting the American Trucking Associations lawsuit, is also asking the federal judge presiding ov...

Kozmino oil terminal 1st stage to be completed late 2009-officialAug 21, 2008

Building of the first stage of the special sea oil terminal in the Kozmino Bay near Nakhodka will be completed in late 2009, the port is designed for the transhipment of 15 million tonnes of oil annually, port’s Director General Lev Panchenko said on Friday. The bay bottom is currently being deepened in Kozmino for receiving tankers with the capacity ...

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