Insight and Opinion – Page 51
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Use this rich era of growth to clean up our act
Economist Ben Hackett rings in the new year with some positive news. Despite predictions to the contrary, the global economy is in robust shape and will remain so, provided of course the ''almighty'' consumer (you and me) does not lose heart.
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Congestion? What congestion?
Does anyone still remember the panic about US West Coast port congestion and that this evil was going to be with us for years to come? And do you remember thinking that the PierPass scheme which penalises daytime truck traffic to the ports was a whimsical gasp of desperation?
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P&O Act 1 or 2?
Will DPW''s bid for P& O prevail or is Temasek/PSA rewriting the script? Mike Mundy investigates.
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Liner market concentration presages omens for ports
The global ports industry is going to face the repercussions of a major shift in the market power of the dominant 5-10 carriers that will lead to an urgent need for the industry to evaluate its future strategy.
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What is going on?
Ports are hot all of a sudden - that''s what. Dubai Ports World (DPW) are aiming to gobble up as much capacity around the world as they can lay their hands on, their almost indecent haste fuelled by deep pockets filled with petrodollars. At the end of October they were ...
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Katrina - The shame of it all
Ben Hackett laments the tardiness of the US Administration and its agencies
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Bring back the Big Easy
In the short life of this magazine we have had to report on three major calamities wrought upon us by Mother Nature: Typhoon Maemi flattened Busan''s container terminal; then the Boxing Day tsuname wiped out whole coastlines; and now Hurricane Katrina. Each one an Act of God.
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African Promises, Italian Pizzazz and British Playing Fields
Take three scenarios: Africa, Italy, the UK.
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It's about Pizzazz
Then move to the Mediterranean. You have to hand it to the Italians. They know all about pizzazz - or is it brio ? that boldness, vigour, style and flamboyance. Whilst polite but pedestrian port execs elsewhere in Europe are doggedly struggling through the turgid swamp of directives, decrees, dictates ...
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Port security: real or imagined?
Ben Hackett fears something else to lie awake at night and worry about
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You cannot be serious!
You would think that after at least ten years of full-on port privatisation that countries wishing to attract new investors, and the investors themselves, would know how to get it right. Two recent events, however, suggest otherwise.
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The Inland Mystery
Ben Hackett is exasperated by the absence of invaluable statistical data to tell us what is actually happening to all those containers
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Let there be ports
TOC provides a wealth of ideas and material for a magazine like ours and the recent event in Antwerp was no exception. We catch those conference sessions we can and download the speakers'' papers from those presentations we can''t get to, to mull over later. We chat with people who ...
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East Coast Option
Ben Hackett considers whether the looming import peak in the US will benefit the all-water route via Suez to the East Coast
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End of an era at P&O - so what next?
Mid-2005 will, in years to come, probably be seen as a pivotal moment for P& O. The jury is out, however, on whether it will be seen in a positive or negative context.
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UK Port Plans - No Election fever here!
A UK election has been called and the last time this happened when there were any particular port issues on the agenda was when Margaret Thatcher was in power and overseeing a serious round of port privatisation. Suddenly, all the deliberations were over and decisions were made on who had ...
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Privatisation: Israeili Style
Ben Hackett pursues his analysis of the port privatisation process to the Levant
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Sustainability versus Progress
The Bengal tiger may be an endangered species but the Indian economy is certainly not. Investment bankers talk of it as the next Asian tiger - arguably it already is.
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FRENCH PORTS: IS THERE A SOCIAL REVOLUTION IN THE MAKING?
Ben Hackett considers whether the door is finally opening to privatisation