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 | Cargo Business Newswire for the week ending 06/30/06 |
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- The Port of Los Angeles wants an onsite facility to check shipping containers for terrorist weapons amid fears that trucking the cargo miles away for inspection endangers heavily populated neighborhoods and packed freeways. A city commission last week voted to spend $2.5mn for the design of a facility within the Port to screen suspicious containers instead of trucking them to Carson, six miles away.
- Truck, ship and cargo-handling equipment pollutants would be reduced 50% in five years under a clear air proposal for the Long Beach and Los Angeles harbors. Proposals include retrofitting and replacing cargo-handling equipment and locomotives. The plan now enters a 30-day public review period before approval by the Long Beach and Los Angeles harbor commissions.
- Major maritime shipping firms have begun negotiations to raise fares nearly 20% on containers ships bound to Europe from Asia beginning in July. Such firms as Nippon Yusen KK, Mitsui O.S.K. Lines Ltd. and Kawasaki Kisen Kaisha Ltd. want to charge electrical equipment manufacturers and other cargo owners $250 more per 20-foot container, roughly 17% more than current fees.
- South Korea's Hyundai Engineering & Construction Co. June 27 said it won a $202.6mn order from Dubai Ports World as part of the United Arab Emirates' large-scale port expansion plan. The deal calls for the builder to construct nine buildings for a new terminal and create a site for further expansion by reclaiming land from the sea at Jebel Ali Port.
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| COSCO to Build $517m Container Ships |
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Reuters reported that China COSCO Holdings Co. Ltd. would spend $516.8m to build eight container ships. Each ship would be able to carry the equivalent of 5,100 20-ft. containers. The company said in a statement that Jiangnan Shipyard (Group) Co. Ltd., a unit of China State Shipbuilding Corp. Ltd., would build the ships. The first two would be delivered on June 30, 2009 and the other six would be delivered in pairs in October 2009, February 2010 and June 2010. | |
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