Insight and Opinion – Page 47
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News
Risk, Uncertainty and the Spectre of a Recession
The US ended 2007 with the spectre of a recession hanging over it while Asia and Europe were riding on a high, expecting 2008 to be another year of growth and prosperity. The financial crisis was working its effects on the markets and banks continued to face financial losses.
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PS Opinion Piece
It is probably not politically correct to say that it was with some amusement that the announcement was noted that parties in the UK endeavouring to carry off beached timber from the stricken Ice Princess would have the full force of the law come down on them.
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Forth Ports, going, going gone?
Is the last major listed port group in the UK, Forth Ports, about to be acquired by Babcock & Brown, the same Australian-based infrastructure fund that recently acquired the PD Ports Group? Answer, yes in our view, that is if Forth Ports, the group in question, isn't snatched at the ...
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Whiplash, what next? (Viewpoint)
With "Wall Street whiplash" another phrase is coined to sum up the recent snakes and ladders effect taking place on Wall Street and mirrored on other stock exchanges around the world, not least the FTSE.
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Barry Parker- Opinion Piece
The tumult in worldwide financial markets has been a headline-grabber in recent weeks, with shares of listed shipping companies joining in the ebbing tide of "systemic risk".
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Back and forward
Another year draws to a close leaving in its wake some memorable positives and negatives. The big positive has to be the business climate - we may currently be beginning to feel a slightly tougher environment but for the most part, this year has been another one of significant growth ...
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NewsLiner insight
Just published by Dynamar B.V. is its Top 25 Container Liner Operators/Trading Profiles publication which is a must buy study for any organisation interested in these 25 entities who collectively move 80% of the world''s global container trade.
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Time to take stock
Only relatively few ports and terminal operating groups have looked to a stock market listing as a way of raising cash to expand, but why? Invariably those that do take this route receive a fair amount of media attention and so perhaps it seems that there are more takers than ...
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News
Opinion from the US (for Dec issue)
Last month, the US Maritime Administration (MARAD) gathered a group of bankers and carriers in New York for an important Roundtable Conference on Port and Infrastructure Investment. Rather than showcasing the same tired talk about the same intractable problems, this conference provided a set of fresh perspectives.
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News
Economic Reality May Bite
The human mind is an interesting thing. It can recognise economic facts, stare them in the face and then reach the conclusion that reality is not based on what we see.
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NewsNov issue US OPINION Barry Parker
Throughout the US Coast Guard's (USCG) history, it has juggled many missions. These days, much of the talk is about maritime security. In recent Congressional testimony, another USCG mission - its marine safety activities - have come into the limelight, with a focus on usually routine inspections of vessels calling ...
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PS Viewpoint
Drewry Shipping Consultants has revised its estimate of world container traffic in 2006 to 128.3m teu and expects the figure for 2007 to be 142.9m teu, a significant increase driven by rapidly expanding westbound traffic from Asia. The 2008 figure is tentatively put at 158.3m teu. So, the growth goes ...
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NewsMM's opinion piece
It is interesting to see that the Indian Government has decided to deploy a new tariff specification method for concessions offered in India's major ports.
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NewsEconomic Principles: Ignore Them At Your Peril
I woke with a start this morning with the realisation that economics is alive and well. What caused this? The public statements by transportation providers trying to convince us otherwise. Let me give you some examples.
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News
Caught Between a Very Public and a Somewhat Private Place
During a recent visit to Egypt my attention was caught by the enthusiastic expansion plans for the Egyptian port sector, particularly on the Mediterranean coast.
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NewsWhen three laws go to war
Port of Long Beach's underwater kelp beds prove the marine environment needs our helpAnd with the US yet to ratify the IMO's MARPOL Annex VI - already less inclusive than activist port management would like - the US port industry is left with a potent brew of 'pro-activity' (wanting to ...
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The end of an era for cavalier port purchases
The last two or three years have seen burgeoning interest in investing in new port infrastructure and as part of this a new generation of investors have emerged, including parties such as private equity concerns and infrastructure funds.
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Viewpoint - Parallel World Rises
Congestion is raising its head again in Europe, partly as a result of the sheer volume of traffic, partly due to local factors and also due to the reality that the expansion plans of various ports have been slowed by meeting new environmental requirements.
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Less is more
Europe still has its fair share of less than hospitable airports and as this writer navigated one of them recently he opened the door to a rather "intimate" departure lounge only to push the door into the rather large backside of an east European gentlemen bending down looking for his ...
