All Port Strategy articles in Web Issue – Page 1073
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New Zealand profit growth for some ports
Recent financial year announcements have included the Port of Tauranga declaring a comparable 7% rise in after-tax net profit to NZ$42.1m (US$27.6m) and 15% lift in revenue to NZ$148.8m (US$97.4m).
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Basra port reopens
Basra''s Al-Maaqal port has re-entered service following four months of renovation work. All equipment has been upgraded and quays renovated.
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Haicang project sold
Xiamen International Port Company is to sell a project that it is developing in Haicang port to Haicang International Container Terminals Ltd for $59.6m. The project includes Berth 1, which will become a container handling facility.
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Innovation for Felixstowe
Felixstowe, the UK''s largest container port, has introduced the first biometric system in the UK.
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Colombo South Port development under way
Tenders for the new Colombo South Port development are expected to be issued soon.
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GPI is platform for growth
N-Trans has transferred its port assets to newly-formed subsidiary, Global Ports Investments (GPI).
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No IPO for Ningbo
The current weakness of global markets means that China Ningbo Port Group will not undertake an initial public offering this year, according to China Merchants Holdings, which holds a 5.4% stake in the company. The IPO is, however, needed to raise money to fund expansion.
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New grain terminal speeds up Panamax turnaround times
Panamax vessels loading grain at the newly-opened grain terminal at the Russian port of Novorossiysk will be able to do it much faster than had previously been possible.
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Grain shorts
Ukraine''s leading sunflower oil producer Kernel Holdings has bought a large bulk grain export terminal in the Black Sea port of Iliychivsk in the Ukraine. It''s the Ukraine''s second largest grain terminal, with a loading capacity of up to 4.5m tonnes of grain annually and it can store 200,000 tonnes. ...
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Hamburg Liebherr family grows
A second LHM 500 Liebherr mobile harbour crane has been put into operation at the Port of Hamburg for Wallmann & Co.
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Environmental issues
Port operators need to take environmental conditions into account when choosing cables for their terminals, says Don Nester of igus.
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Tauranga dispute settled
A brief collective employment dispute between the Port of Tauranga and the Rail and Maritime Transport Union has now been resolved. Successful mediation avoided the industrial action previously announced by the union. Details of the deal, which is understood to be for two-years, have been kept confidential.
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Crossing the lines
The message coming out of the liner shipping markets is one we have heard before - "it is time to tighten your belts in anticipation of lean times ahead". This action involves cutting back on available capacity in key services, implementing slow steaming where possible and cutting back on expansion ...
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Counting the cost
The rising costs of raw materials are putting even more emphasis on the need for long-lasting, high-performance cables. Felicity Landon reports on the latest trends
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Power Conversion
The conversion of rubber-tyred gantry (RTG) cranes from diesel to electric power, or to switchable diesel/electric power, is an emerging trend in container ports around the world - and one that has prompted extensive field testing by Conductix-Wampfler.
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Valparaiso contractor questions delay project
A major overhaul of Valparaí so port facilities will be delayed until 2009, due to uncertainty over current contractor Von Appen''s future participation in the process.
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Israelis dockers strike over legal changes
Israeli port unions are in a bitter dispute with the government over its plans to privatise port infrastructure.
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Tanjung Priok branded 'unsafe'
Indonesia''s director-general of Customs and Excise has branded Tanjung Priok as "unsafe", because unauthorised visitors are able to move freely into the restricted areas, if they are prepared to bribe officials.
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US West Coast box decline
In the first seven months, container traffic at the port of Seattle was down 8% to 1.02bn teu. At Los Angeles and Long Beach, there were downturns of 6.1% and 9.4% respectively to 4.5m teu and 3.7m teu.
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Auckland moots Tauranga offer
Ports of Auckland has announced plans to make an offer for Port of Tauranga''s container business and has appointed investment bank Cameron Partners as financial adviser.