CTAA: Port of Melbourne hit by congestion following DP World IT issues
NewsThe Port of Melbourne is grappling with landside congestion following IT issues at DP World’s West Swanson Terminal this week.
Busan Port Authority (BPA)’s bid to buy three berths at Busan New Port from Pusan Newport Co (PNC) has been bogged down in protracted talks.
PNC is said to be driving a hard bargain as it seeks to recoup losses and repay loans that could total US$563M this year.
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This complete item is approximately 350 words in length, and appeared in the May 2009 issue of WorldCargo News, on page 16. To access this issue download the PDF here.
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