Taiwan's Evergreen Marine forged an alliance with three local counterparts on Friday to bid jointly for a container port project in Taipei Harbor. Evergreen Marine, Yang Ming Marine Transport Corp., Wan Hai Lines and Evergreen Transport said in a joint statement they would set up the Taipei Port Consortium to issue the bid. Evergreen Marine and Evergreen Transport, members of the giant Evergreen transportation conglomerate, would own a combined 50 percent of the new company, which would have initial paid-in capital of T$800 million. Wan Hai would hold 40 percent, and Yang Ming would own 10 percent, the companies said. The estimated T$20 billion port project, which would be located in Taipei county, aims to bring its first berth with 250,000 20-foot equivalent units (TEUs) capacity into service in 2006, harbor officials have said. The build-operate-transfer (BOT) container project, which has a designed capacity of 1.75 million TEUs, would allow the operator to run the berths for 50 years before handing it back to the state. After completion of its seven berths, the Taipei harbor would rank as the third largest on the island, behind the southern port in Kaohsiung and Keelung.
The U.S. Coast Guard and the Maritime Administration (MarAd) issued a joint Notice stating that they will hold a public meeting in New Orleans on August 18, 2003 to receive information relevant to the issuance or denial of a federal license for the proposed Port Pelican LLC Deepwater Port project. Written comments on the project should be submitted by October 2, 2003. Source: HK Law
On October 18, 2005, a public scoping meeting was held in Boston, Massachusetts to discuss the proposed Northeast Gateway Deepwater Port project. The purpose of the meeting was to accept the public’s comments regarding the proposed project. The meeting took place from 6 p.m. to 8 p.m. in Faneuil Hall and was preceded by an informational open house from 4:30 p.m. to 6 p.m. A similar public scoping meeting and open house for the Northeast Gateway project took place in Gloucester
Hutchison Whampoa Ltd. would directly hold about 45 percent, not 65 percent, of the phase three of the Yantian container port project in the southern Chinese city of Shenzhen, a Hutchison official said on Thursday. She added that Hutchison has a majority stake in a foreign entity that would hold a 65 percent stake in the project. Through the investment entity, Hutchison would hold an "effective 45 percent", the official said.
APM Terminals Tangier, S.A. and the Akwa Group, a Casablanca, Morocco-based partner have announced the opening of Morocco’s newest container terminal to serve the global trade in Morocco and the Western Mediterranean market. Located on one of the most important shipping arteries, the terminal will offer importers and exporters a new gateway to world markets. Over 200 vessels a day pass through the Straits of Gibraltar as they transit on north-south and east-west liner trade routes
Five year, global agreement to work toward improved productivity and efficiency, land utilization, environmental sensitivity and public awareness of the container terminal industry APM Terminals and the Port of Rotterdam Authority announce the signing of a five-year agreement of
SUEZ Energy North America's subsidiary, Neptune LNG LLC, announced today that the Neptune offshore LNG facility has received its Deepwater Port License. Neptune is the first offshore LNG project on the United States' East Coast to reach this milestone. The license will allow Neptune LNG LLC to build, own, and operate the Neptune offshore LNG delivery system in Massachusetts Bay. The Maritime Administration is responsible for issuing a Deepwater Port License under the Deepwater Port
Glasgow-based marine safety consultancy, Safety at Sea Limited, has completed its first port project, for the Melones Oil Terminal, (MOT) in Panama. MOT is a 2.1million barrel capacity tank farm facility due to open before the end of 2012 on the Islas Melones, a greenfield development around eight nautical miles from the Pacific end of the Panama Canal. Safety at Sea provided a Marine Safety Assessment covering marine procedures and operational limits around the newly constructed terminal
The Long Beach Board of Harbor Commissioners to support the city’s appeal against a proposed Port of Los Angeles rail yard project. The city’s appeal is of the Southern California International Gateway rail yard project approved recently by the Port of Los Angeles. The 153-acre facility proposed by BNSF Railway Co. sits just outside West Long Beach, alongside the Terminal Island Freeway on land owned by the Port of Los Angeles
Brazil “Rotterdam of the Tropics” After spending a day exploring the sprawling Açu Superport and Industrial Complex construction site far up the northeast coast of the state of Rio de Janeiro courtesy of LLX and OSX, Claudio Paschoa, Maritime Reporter’s Contributing Editor in Brazil, flew back to Rio for a conversation with Marcus Berto, LLX’s new CEO at the EBX Group headquarters in downtown Rio de Janeiro. “This is a not simply a port belonging to LLX
At the Georgia Ports Authority board meeting Monday, Executive Director Curtis Foltz reported that the GPA achieved record volumes and added additional customer accounts in October. "Strong growth, new customer accounts and additional harbor deepening funding announced this month are all
The U.S. Department of Transportation’s Maritime Administration (MARAD) today released a study on shipping patterns and industry costs that will help the United States prepare for the anticipated impact on its ports, waterways and intermodal freight systems from the Panama Canal expansion
Strategic Marine makes headway in marine infrastructure sector with two new projects underscoring fabrication capabilities Strategic Marine announced today it is constructing two marine infrastructure fabrication projects in its Vietnam shipyard. Both projects are for Australian clients.
Commercial seaborne shipping is regulated by international, EU and national authorities and is subject to a number of commercially oriented constraints. The long history and large number of organizations associated with regulation has led to a high level of complexity in managing the development
In a decisive move to convert Oman's Sultan Qaboos Port into a tourism hub August 31, 2014 would be the deadline for receiving container, cargo, vehicle carriers and other vessels carrying project material at the port, reports the Times of Oman, citing Minister of Transport and Communications
In support of energy infrastructure in Latin America, Milbank, Tweed, Hadley & McCloy LLP represented Itaú BBA S.A. in providing a $370 million loan for construction of a new multipurpose port facility and terminal in Cartagena Bay, Colombia.
The EU-subsidized logistics project Amber Coast Logistics (ACL) has made its first appearance at Belarusian Transport Week, which was held just recently in Minsk. ACL had a stand of its own and offered a coaching workshop, concentrating on learning from Best Practice examples.
Governor Rick Scott announced at the American Association of Port Authority’s (AAPA) Annual Convention in Orlando a commitment of nearly $35 million for strategic port projects across Florida that will be recommended to the Legislature for the upcoming legislative session.
The EPA-funded JAXPORT diesel emissions reduction project completed by Nett Technologies involved the design, manufacture and installation of 19 Diesel Oxidation Catalysts (DOC) onto several large container cranes, generator, forklift and trucks owned and operated by the Jacksonville Port
The U.S. House of Representatives has overwhelmingly passed the Water Resources Reform and Development Act, which lays out the way the United States improves and maintains vital ports and waterways. The bill authorizes construction of the proposed Sabine-Neches Waterway channel improvement project
The American Association of Port Authorities (AAPA) lauded leaders of the House Transportation and Infrastructure Committee, leaders of its Water Resources and Environment Subcommittee and Speaker of the House John Boehner (R-OH) for their efforts in advancing H.R
Port Everglades officials are encouraged after the House of Representatives passed the Water Resources Reform and Development Act (WRRDA) this week by a vote of 417-3, including the Manager’s Amendment which would allow Port Everglades to move forward with its critical harbor deepening and
Trelleborg met a tight time frame to deliver its state-of-the-art Quick Release Hooks (QRHs) with load monitoring, remote release and a central monitoring system to the Herb Elliott Port in Australia. By delivering ahead of schedule and avoiding the need to equipment by air freight
The many years of concern about the commercial Mexican-U.S. cross-border practices which slow down the movement of cross-border cargo and security implications, especially because of the drug cartel involvement in these movements, and Customs and Border Protection (CBP) concern for accuracy in
President Barack Obama toured the Napoleon Avenue Container Terminal and spoke to a crowd of more than 500 on the importance of growing the nation’s economy through increased exports. He highlighted the 60 percent of the nation’s grain that is exported by ports along the Lower