News from January 2012 - Page 1 of 3
NSW says no to $2.7bn Hunter Ports facility
31st of January, 2012
31/1/12: Australia's New South Wales (NSW) government has turned down plans by Hunter Ports to build a A$2.5bn ($2.7bn) coal terminal within the Hunter Valley.
CCCC lowers its sights
31st of January, 2012
31/1/12: China Communications Construction Company (CCCC) has reportedly slashed the size of it Shanghai IPO by 75%, from RMB 20bn ($3.2bn) to RMB 5bn.
KMP upgrades coal handling
29th of January, 2012
29/1/12: Kinder Morgan Energy Partners (KMP) is to invest approximately $140m expanding its coal handling facilities along the US Gulf Coast.
Rubis completes Delta deal
29th of January, 2012
29/1/12: Rubis reports that it has completed the acquisition of a 50% shareholding in Delta Petrol, "which owns and operates the largest independent oil terminal located in the Mediterranean" and which will be renamed Delta Rubis.
Essar scoops GMB contract
29th of January, 2012
29/1/12: India's Gujarat Maritime Board (GMB) has awarded Essar Projects an EPC contract worth INR 2.3bn ($46.7m) to develop two ro-ro ferry terminals at Gogha and Dahej.
Forth Ports acquires TCS stakes
26th of January, 2012
26/1/12: Forth Ports has acquired full ownership of UK-based Tilbury Container Services (TCS) from DP World and Associated British Ports (ABP) having been a one-third shareholder since 1998.
POLB lease deal advances
26th of January, 2012
26/1/12: The Port of Long Beach's (POLB) Board of Harbor Commissioners has now given preliminary approval to a 40-year, $4.6bn lease with Orient Overseas Container Line (OOCL) for the Port's Middle Harbor property.
NDRC approves $2.8bn Beihai facility
24th of January, 2012
24/1/12: China’s Sinopec is reportedly close to achieving full state approval for a $2.8bn LNG import facility on an artificial island near Beihai having received the thumbs-up from the country’s National Development and Reform Commission (NDRC).
Aitken Spence exits CICT
24th of January, 2012
24/1/12: Aitken Spence is to sell its 30% stake in Colombo International Container Terminals (CICT) to joint venture partner China Merchants Holdings (International) (CMHI).
Port Hedland gets conditional EPA OK
24th of January, 2012
24/1/12: Western Australia’s Environmental Protection Authority (EPA) has given its conditional approval to the Port Hedland outer harbour development project.
