Latest News – Page 1037
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NewsVTS article
Can investment in a proven vessel tracking service "radically" improve port management? Alex Hughes finds out
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TT Club demands compulsory dangerous goods training
Specialist transport insurer TT Club has called for mandatory International Maritime Dangerous Goods (IMDG) Code training for shore-side handlers.
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NCSP ties to $73m debt facility
Novorossiysk Commercial Sea Port (NCSP) has signed debt facilities to the tune of $73m with Sberbank, the Savings Bank of the Russian Federation, to finance the development of new cargo handling facilities.
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Liquid gold for GIP
Private equity firm Global Infrastructure Partners (GIP) has agreed a joint venture with Zeus Infra-management, in a deal that includes a 74% stake in liquid storage specialist East India Petroleum Limited.
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NewsPorts could be hit by end of IBAs
The British government''s surprise decision to phase out Industrial Business Allowances (IBAs) by 2011 could have a significant impact on ports and cargo handlers who have invested in warehousing and storage buildings, accountancy firm Moore Stephens has warned.
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Investment up in Spanish ports
In 2008, total investment in Spanish ports will reach ¢ 19.8bn ($28.1bn), which is ¢ 3bn ($4.3bn) more than in 2007. For its part, the government will invest ¢ 2bn ($2.8bn), an increase of 32% over 2007.
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NewsGuayaquil port authority workforce cut by half
Half of the workforce previously employed by Guayaquil Port Authority no longer provides services for that body following their transfer to outside companies.
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NewsNew Chilean dry bulk company
Chilean businessman Leonardo Farkas, owner of the Santa Fé and Santa Barbara mining companies, has put together a company, Puerto Atacama SA, specifically to manage and operate dry bulk terminals. He has also expressed an interest in building a new port in Chile at Huasco.
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Congo teams up with Northport
The government of Congo has asked Port Klang stevedore Northport to provide assistance and technical know-how in the development of the new port of Mandingo Kayes, located 40 km from the port of Point-Noire.
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NewsSimulation and scheduling tools a must for busy ports
Two maritime software tools - Amatis, used to undertake traffic simulations, and Seaberth, used for both berth scheduling and berth simulation - are being deployed as part of a major new port development in Qatar. Over the next 10-15 years, Ras Laffan Port will be transformed into the biggest liquefied ...
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NewsSydney Third Terminal SIDEBAR
A "once in a generation" opportunity to widen competition needs to be taken at Sydney''s Port Botany, says one of potential bidders for the new terminal concession.
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NewsSydney Third Terminal Operator
Just as all hope seemed lost, Sydney’’s incumbent operators find they may yet be invited to the Botany concession hoedown.
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Southern NZ merger talks
"Low-level" merger discussions are understood to have commenced between Lyttelton Port of Christchurch and Port Otago.
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NewsMaher gets the Rubb
Maher Terminals'' Port Elizabeth facility is now the proud owner of two Rubb structures for equipment and vehicle repair.
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...and for Barcelona
Barcelona Port Authority has approved construction of a bio-diesel plant on its Inflammable Quay. In the meantime, it has received five bids to undertake repair work on Prat Quay, most of which involves domestic construction companies linking up with overseas specialists.
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Congestion in Calcutta
Congestion at Calcutta Dock System has become so bad that stacking of containers has been banned in the yard; instead, boxes must be immediately whisked to container freight stations (CFS) located nearby.
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NewsVolatile results dog NZ ports
A mixed bag of financials from New Zealand''s ports saw Port Taranaki turn an encouraging 114% rise in after-tax profit to NZ$4.8m (US$3.6m) and 25% increase in revenue to NZ$37m (US$28m).
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Bio-diesel plant for Gijon...
Construction has begun in the Port of Gijón of a bio-diesel plant, which is due to open in the first quarter of 2009. Production capacity will be the order of 500,000 tonnes annually, equivalent to 600m litres, under an investment of ¢ 80m ($113.7m).
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NewsDP World up Senegal investment
DP World is to invest ¢ 500m ($710.7m) in port facilities in Senegal, which is 25% more than originally agreed with the government.
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Sweet deal for Nectar
UK-based bulk handling specialist Nectar Group Limited has entered into a joint venture with India”s United Shippers Limited.
