Finance, Legal & Insurance – Page 14
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NewsShaking the investment tree
The key drivers of change in port investment patterns are the recent economic recession and its effects on containerised trade, according to Tomas Vitsounis, project leader, Total Port Logistics, at NICTA, Australia’s ICT research centre of excellence.
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NewsPick and mix
Investors are torn between the high risk and high returns offered by ports. Felicity Landon reports
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NewsThe meaning of P3
The P3 container alliance has ramifications in a legal context for ports, as HFW''s Joseph Botham explains
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NewsThe banker’s view
Bankers still take the long-term view that ports are solid, long-term assets, says Berend Paasman, senior vice president, shipping, offshore and logistics, at DNB Bank – “but you want to see that cash flows can absorb drops in volumes", he says.
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NewsCautious confidence
Post-crisis, what are the finance options for ports operating in an uncertain world asks Felicity Landon
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NewsAvoiding the talent trap
The ports industry is investing and expanding rapidly in Africa – but there’s a real mismatch in terms of skills. African countries dominate the top half of the international unemployment list, and the general sentiment is that the statistics are over-optimistic and real unemployment much higher, says Cobus du Plessis ...
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NewsShuffling the pack
New terminals are coming online around the world but there’s a ‘war for talent'' to run them, as Felicity Landon reports
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NewsA bank for the world
Ports are a small part of the World Bank’s overall loan book, through both its private sector lender the IFC and the IBRD.
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NewsKeeping the taps open
Financing for expansion will only come if the Triple Bottom Line is there, says Martin Rushmere
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NewsKonecranes job losses
Konecranes has begun statutory negotiations with its employees regarding temporary and permanent job losses to help reduce costs in a “weakened” market.
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NewsClosed for business
HFW''s Scott Pilkington asks who foots the bill when ports suffer from strikes, industrial action or other disruption
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NewsRight to work
Swings and roundabouts predominate as the industry tries to find a perfect labour solution. Martin Rushmere reports
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NewsOdds stacked against high Oz handling
Carriers treat Australia as “the end of the bus line," says Searoad Holdings'' John Hunter, “with the result that we often don’t get the best ships.” This, he says, is one of the reasons for productivity and efficiency being lower than it should.
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NewsDon't hide from the truth
Whether there is an ISO Standard in place or not, ports are generally waking up to being more proactive with their soliciting of feedback.
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NewsClear the air
Better to be receptive to complaints than to sweep them under the negotiating table, finds Stevie Knight
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NewsDon’t rely on others to cover costs
A common mistake is to assume that a ship’s insurance cover would extend to cover all the damage caused to a port if, for example, a ship collided with a quay crane or came to grief in the approach channel.
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NewsSorry to interrupt
Business interruption insurance is an obvious ‘must’ for ports, as Felicity Landon explains
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NewsAddressing EU inconsistencies
HFW''s Anthony Woolich and Eliza Petritsi anticipate the arrival of Europe''s revised port policy legislation
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NewsDo your homework
While finance is still out there for equipment purchases, only the diligent and persistent will secure it, finds Alex Hughes
