Location of New Port Expansion Projects: Analysis
When it comes to port development, many governments now favour letting the market decide where expansion should take place, whereas most other transport infrastructure, such as roads and rail, remains centrally managed. The problem is that old habits die hard in shipping, meaning that the free market approach is sometimes a painful process, as discussed here in an excerpt from recent Drewry Maritime Research. While some observers might argue that the Middle East has a reputation for vanity port projects – with governments building shiny new ports just because they can – the reality is that utilisation levels in many of the region’s gateways are high and new capacity is needed. However, this alone does not necessarily guarantee that the new ports will be used.
Cargotec Delivers Its First Zero Emission(TM) RTGs to Asia
Cargotec has completed the delivery of six Kalmar E-One2 rubber-tyred gantry (RTG) cranes featuring Zero Emission(TM) technology to Vietnam's terminal operator Saigon Newport (SNP) and its subsidiaries, Tan Cang Logistics Joint Stock Company (TCL) and Tan Cang Warehousing Joint Stock Company (TCW). The machines boast major environmental and economical advantages, such as no local emissions, low operating costs and reduced maintenance. All of the cranes operate at Cat Lai Terminal in Ho Chi Minh City.