In today’s media watch: Port Qasim to build $175 million facility; world’s largest cruise ship to enter Atlantic; Deep water Mexican port may impact Yuma; Dayton Port Authority beginning to pick up; Productivity boost planned in Port of Bundaberg takeover.

Read at $175 million Port Qasim terminal / World’s largest cruise ship / Mexican port’s impact on Yuma / Dayton port picking up / Productivity boost for Bundaberg

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• Mexico rushed to get oil from Brazil

    Mexican oil monopoly Pemex and Brazil’s Petrobras are about to form an alliance to help boost Mexico’s flagging output. Mexican President Felipe Calderon has already held talks with the Brazilian president and business executives over a deal with Petrobras, which has a high production rate. Mexico’s Pemex has recently struggled

• Mexico approves opening oil ports after bad weather

    Mexico reopens four of its five main oil exporting ports in the Gulf of Mexico on Sunday after bad weather cleared, the Mexican Communications and Transport Ministry (SCT) said. The four ports, Coatzacaoalcos, Dos Bocas, Cayo Arcas and Frontera, were closed on Saturday and Friday because of rough seas.

• Mexico oil output to , says Barclays

    Mexico’s oil output may “decline sharply” next year as state-owned Petroleos Mexicanos enters a sixth year of falling production, Barclays Capital said.

• Grupo TMM Announces Completion of Debt Restructuring

    Grupo TMM, S.A.B., a Mexican intermodal transportation and logistics company, announced yesterday the subscription and payment of its capital stock increase, approved at the extraordinary shareholders meeting (”Meeting”) held on December 15, 2009.

• Morrison Mexico Court adds a floating dry dock

    Chet Morrison’s Mexican yard adds a self-built dry dock Read at Morrison Mexico yard adds a floating dry dock

• Mexico holds one of three Gulf oil ports

    Mexican oil exporting port Cayo Arcas reopened on Monday afternoon but two of the country’s other main oil ports remained closed due to bad weather, the government said. The Dos Bocas, Cayo Arcas and Coatzacoalcos ports, which ship out the majority of Mexico’s crude exports, all closed on Saturday as

• Mexican mega port still further

    The planned Punta Colonet megaport south of Ensenada, billed as the most significant infrastructure project of Mexican President Felipe Caldero?n’s six-year administration, is being scaled down in the face of shrinking trans-Pacific trade. After months of delay, Mexican authorities are nonetheless pushing forward with the project, testing private-sector interest in

• Agility buys partners

     Logistics major Agility has acquired its Mexican partner Trafinsa SA de CV and US affiliate Trafinsa International. Trafinsa operates four branches located in Guadalajaray, Monterreyy, Laredoy (Texas, USA) and Mexico Cityy. The company provides cargo management, air and ocean export, handling, de-consolidation and documentation services to industry. Aircargo Asia Pacific

• Mexico oil, gas exploration to improve results in 2009

    Mexico’s state oil monopoly Pemex improved its exploration efforts in 2009, replacing more of its oil and gas production than in previous years, according to preliminary estimates. Pemex said it discovered enough new proven oil and gas reserves to replace 74.9 percent of its 2009 production, up from a replacement

• Belk boosts business for Charleston Port

    Just in time for the peak holiday shopping season, one of the Southeastâ??s top retailers is bringing a boost to business at the Port of Charleston. Read at Belk boosts business for Charleston Port

• FedEx expands in France, Mexico

    FedEx Express completed expansions of a hub in France and a bonded warehouse in Mexico this week, strengthening the infrastructure in its global network. “Growing the FedEx footprint in key markets such as France and Mexico is part of a long-term international growth strategy designed to enhance our ability to provide

• Sri Lanka Port expands marine fuel facilities

    The Sri Lanka Ports Authority (SLPA) said it has expanded facilities for bunkering or ship fuel at Colombo port with the addition of another berth for oil tankers that will reduce delays.

• Sri Lanka Port expands marine fuel facilities

    The Sri Lanka Ports Authority (SLPA) said it has expanded facilities for bunkering or ship fuel at Colombo port with the addition of another berth for oil tankers that will reduce delays. Colombo Port’s New North Pier, which has been developed as a multi-purpose berth, handled its first oil tanker

• Mexico oil production to fall 4.9% drop by 2012

    Mexico’s oil production may fall 4.9 percent next year as the nation faces the greatest “fiscal shock” in 30 years, said Finance Minister Agustin Carstens today before a Senate committee. Lower output is costing the nation as much as 300 billion pesos ($23.05 billion) in lost sales annually and may contribute

• Vizag port workers on strike against the crew

    The workers of the cargo handling division of the Visakhapatnam port (the erstwhile Visakhapatnam dock labour board merged into the port) went on strike from 6 a.m. on Thursday, protesting against the implementation of the manning scales in the port. The two major unions – the Hind Mazdoor Sangh and