Maritime Union of Australia ends strike at Fremantle Port
The Maritime Union of Australia has ended a damaging pre-Christmas strike after winning management agreement to a job security clause that will come into force if the port of Fremantle is privatised, reported The Australian Financial Review.
Work resumed on Tuesday, Dec. 18, 2012 after late-night talks resolved the strike by employees of the Fremantle Port Authority over a new enterprise agreement.
Shanghai: Lianyungang Port Co., Ltd is to set up its own finance company with main shareholder Lianyungang Port Group to improve capital operation.
Liangyungang Port said that to enhance capital management, improve capital using efficiency, expand financing channels and increase investment benefits, the company decided to set up the jv with the Port Group, with total funds registered at up to RMB500m.
The moves comes just a month after Lianyungang port had announced the issue of RMB1bn worth of short-term bonds, with 20% of the funds used to replenish operating funds of subsidiaries, Lianyungang Port Engineering and Lianyungang Port Logistics.[19/12/12]
Adani Hazira Container Terminal north of Mumbai ready for operations
Adani Hazira Container Terminal (AHCT) which received its customs notification on the 31st October is now ready for operations, Daily Shipping Times reports.
The Container Terminal is awaiting EDI connectivity which will be established very soon.
AHCT is located about 120 nautical miles north of Nhava Sheva and Mumbai. It will have 2 container berths with a total length of 650 meters and a capacity of 1 million TEU in Phase 1 development.
Equipments include 4 Post Panamax quay cranes and 12 Electric RTG cranes for yard operations.
Additional 2 quay cranes and 6 RTG cranes have been already ordered.
AHCT is strategically located to cater to the markets of South Gujarat, North Maharashtra and Central India.
Vietnam asked to delay opening of $660m Cai Mep-Thi Vai port complex
The Vietnamese government should delay the launch of the Cai Mep-Thi Vai port complex in the southern region to tackle the capacity surplus at seaport group 5 covering Ho Chi Minh City and southern Ba Ria-Vung Tau province.
This proposal was made by Vietnam Business Forum 2012’s Infrastructure Working Group and representatives from some foreign-invested businesses providing port services, reported Vietnam News Brief Service.
The Cai Mep-Thi Vai project requires an investment capital of US$660 million, the majority of which came from ODA funds and up to 90 percent of construction is reportedly completed.
The Infrastructure Working Group’s Ports Sub-group suggested immediately ceasing the licensing of all container terminal building projects in HCM City’s inner parts.
“Southern container terminals will struggle financially hardships if there is no suitable remedy,” said Maersk Vietnam chief executive officer Peter Smidt Nielsen.
According to Vietnam Maritime Administration (VMA) Deputy Chief Bui Thien Thu, it would be a great waste if the launch of the Cai Mep-Thi Vai port was delayed until the market rebounded
The Panama Canal is due for at least one additional expansion, according to Alberto Alemán Zubieta, immediate past commissioner of the Panama Canal Authority. He noted that the present expansion "will not be the last." As the project continues, he noted, the increasing size of new vessels will mandate yet another expansion. The existing project will allow the canal to handle ships up to 13,000 TEU. More fuel-efficient ships and the increasing price of bunkers are bringing 18,000-TEU ships onto the seas "and we must have Panama Canal locks that can handle them. We must have one more expansion."
US oil giant Chevron has agreed to pay 310 million reales ($155 million) to Brazil for an oil spill last year that fouled beaches in Rio de Janeiro, officials said Saturday.
Government news service Agencia Brasil said 90 million reales would be used exclusively for environmental cleanup and 220 million reales would serve for measures to prevent future spills.
Federal prosecutor Gisele Porto said that the fine should send a message to all oil producers that ‘it is better to invest in preventive measures than to pay a fine for polluting.’
An official from Chevron Brazil, Rafael Jaen Williamson, said the company admitted guilt for the disaster and made the payment to show that it was prepared to make amends.
‘We are prepared to invest our recourses in social development projects and environmental, preventative and compensatory measures,’ he said.
The November 2011 spill saw some 3,000 barrels of crude soil the waters of the Atlantic near the Frade oil field, located some 370 kilometers (230 miles) northwest of Rio.
FPS Italy sets up sophisticated box and bulk handling terminal
SINERGY Cargo, the Italian member of the Hong Kong-based FPS network of independent forwarders and consolidators, has opened a multi-modal container and bulk cargo handling and storage centre at Arquata Scrivia on the outskirts of Genoa Port.
The new cargo terminal covers a total area of 105,000 square metres, comprising 20,000 square metres of warehousing divided into 10 units, with five cereal silos totalling 22,000 cubic metres of capacity, and large truck parking and manoeuvring areas, a group statement said.
The site has 2.5 kilometres of rail sidings connected to the national rail system at nearby Arquata Scrivia station, and is a kilometre from the A7 highway to Milan (90 kilometres) and Turin (130 kilometres). www.seanews.com.t...
Tangshan Port received CNY12.06 billion in investment on port construction
Investment in ports fixed assets in northern Hebei province reached CNY18.16 billion (US$2.9 billion), taking up 113.5 per cent of the annual plan as of the end of November, reports Xinhua. Tangshan Port received CNY12.06 billion in investment. Tangshan Port has completed key projects in building the Shougang Terminal phase 1 in the Jingtang port area, The Ore Terminal phase 3 project and Coal Wharf remains under construction in Caofeidian port area.
Meanwhile, Hebei has completed Tangshan port's 200,000-tonne navigational channel in Jingtang port area, its multi-functional berth project, and the general bulk cargo berth phase 2 project as well as the LNG terminal project and liquid chemical terminal facility in Caofeidian port area. It has also completed the 50,000-tonne navigational channel and 200,000-tonne navigational channel jetty extension in Huanghua comprehensive port area.
According to the projects progress, the full-year investment in the ports is expected to hit CNY19 billion.
First hybrid diesel electric ferry launches from port of Glasgow
The first roll-on/roll-off electric diesel ferry hybrid in the world has been launched from Port Glasgow on the River Clyde. This is the first time in over five years that a fully built commercial vessel has been launched on the river. Deputy First Minister Nicola Sturgeon was on hand as MV Hallaig was set on the water.
The ship, which was constructed by Ferguson Shipbuilders, is one of two sister vessels that will be operated by CalMac Ferries. A £20 million loan from the Scottish government has supported the building of both vessels, as well as the security and creation of 20 apprenticeships and 175 jobs in the local community, supporting local economic growth. An extra £450,000 has been invested by the European Regional Development Fund.