Finance, Legal & Insurance – Page 14

  • The World Bank is particularly active in African transport developments. Credit: World Bank Photo Collection

    A 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.

  • Under its sustainability policy, Rotterdam encourages barge movements of cargoes to the hinterland. Credit: Anders Pollas

    Keeping the taps open


    Financing for expansion will only come if the Triple Bottom Line is there, says Martin Rushmere

  • "European ports are in the EC spotlight again." Credit: Alan Stanton

    A plan for ports


    HFW''s Eliza Petritsi deciphers the proposed European ports policy package

  • Konecranes is feeling the effects of the weakened market

    Konecranes job losses


    Konecranes has begun statutory negotiations with its employees regarding temporary and permanent job losses to help reduce costs in a “weakened” market.

  • The recent Hong Kong docker strikes reduced handling at Hongkong International Terminals. Credit: ITF

    Closed for business


    HFW''s Scott Pilkington asks who foots the bill when ports suffer from strikes, industrial action or other disruption

  • Hong Kong dockers live in a twilight world of being neither fully union nor contract/salaried workers. Credit: Leung Ching Yau Alex

    Right to work


    Swings and roundabouts predominate as the industry tries to find a perfect labour solution. Martin Rushmere reports

  • Productivity in Australia is challenged by the standard of ship's calling at terminals. Credit: Roberta WB

    Odds 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.

  • Mined products specialities in the Great Lakes means that dust related complaints are often received

    Don'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.

  • As a rule of thumb, the more formal the system for lodging complaints, the less accessible it is

    Clear the air


    Better to be receptive to complaints than to sweep them under the negotiating table, finds Stevie Knight

  • When the storm clouds gather make sure your assets are fully protected. Credit: Anthony Quintano

    Don’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.

  • Hurricane Sandy led to a large amount of BI claims

    Sorry to interrupt


    Business interruption insurance is an obvious ‘must’ for ports, as Felicity Landon explains

  • Do services at Europe's ports need standardising? Credit: Patrik Rastenberger/NEFCO

    Addressing EU inconsistencies


    HFW''s Anthony Woolich and Eliza Petritsi anticipate the arrival of Europe''s revised port policy legislation

  • Liebherr does not expect port manufacturer equipment leasing to dominate financing any time soon

    Do your homework


    While finance is still out there for equipment purchases, only the diligent and persistent will secure it, finds Alex Hughes

  • Bremenports' draws up annual training plans for each employee

    Catering for the next generation


    Ongoing education and training, in the form of a wide range of technical and personal training courses, plays a key role at bremenports.

  • Training needs to instil as much port knowledge as possible

    Live and learn


    Vocational qualifications are described as the ‘ideal tool’ for the ports industry. Felicity Landon reports

  • Proposed UK pilotage revisions have international ramifications. Credit: Hans Splinter

    The clash of two pilot regimes


    Questions have been asked about how the draft UK Marine Navigation Bill (No.2) – currently under UK Parliament consultation – sits with existing international pilotage regulatory framework.

  • Fears are that UK pilotage might now be placed 'in the hands of a deck boy, the cook or the man on the street'. Credit: Duncan C

    Playing the pilot


    HFW''s Joseph Botham explains why proposed UK pilotage changes have global influence

  • DP World profits saw a 10% rise in 2012

    DP World see profits rise in 2012


    DP World announced that its 12 month profit to the end of 31 December 2012 was US$749m – an increase of 10%, largely due to strong operational performance, effective asset management and continued investment.

  • The instability of the Euro is a concern for contract clarity. Credit: Patrick Rasenberg

    Currency concerns


    HFW''s Costas Frangeskides and Ben Atkinson discuss the pitalls of a unstable Euro

  • Private equity was not a panacea for UK ports. Credit: Erik Baurdo

    Finding a suitable match


    Whether a good or bad thing, some ports are more prone to funds’ attentions than others.