World News – Page 108
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Three major port projects underway in Peru
In Peru, an updated Macroeconomic Projections 2019-2022 report prepared by the Ministry of Economy and Finance has revealed that three port projects are currently absorbing significant amounts of investment.
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China to invest $450m in Peru
In Peru, the regional governor of Ancash state, Juan Carlos Morillo Ulloa, has revealed that China Communication Construction Company (CCCC) is to invest more than $450m in an upgrade of the Port of Chimbote.
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Costa Rican port faces operational collapse
The Costa Rican Pacific ports institute, Instituto Costarricense de Puertos del Pacifico (INCOP), has claimed that the Port of Caldera has effectively reached a point of collapse, with few options open to it under the existing operations contract.
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NewsLong Beach usage agreement helps COSCO
A 20-year usage agreement made as part of Orient Overseas (International) Limited''s (OOIL) US$1.78bn sale of Long Beach Container Terminal to Macquarie Group subsidiary Olivia Holdings will ensure a continued benefit for OOIL''s subsidary Orient Overseas Container Line (OOCL) and its owner Cosco Shipping Holdings.
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NewsRazon: Mixed bag for ICTSI ports this year
The chairman and president of ICTSI, Enrique Razon, Jr, has said that the business’ ports face mixed prospects in 2019.
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NewsFrustration of a one-track planning environment
Brexit: UK ports can''t be sure about it, can''t get past it and can''t ignore it. But, as Felicity Landon reports, they are trying to look beyond it
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NewsGame of leapfrog in the Mediterranean
Competition is heating up for the number one slot in the region’s container handling sector. Alex Hughes reports
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NewsBPA chair: ports a force for good
Ports are part of the solution, not the problem, when it comes to a range of challenges facing the UK, the chairman of the British Ports Association (BPA) has said.
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NewsMinister: UK ports need higher standards
The UK ports industry needs to continue to set itself greater standards and be more imaginative if it is to truly reach its full potential across the upcoming decades, the UK’s Maritime Minister has said.
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NewsICTSI disputes Sudan concession 'cancellation' claims
International Container Terminal Services, Inc. (ICTSI) has said it has not received “any official notice” from the Sudanese government of the suspension of its concession contract for South Port Container Terminal at Port Sudan.
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NewsFatal crane fire prompts Kolkata shutdown
An investigation is underway at the partially shut Port Haldia following the death of a worker who was forced to jump from a burning crane after a fire broke out.
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NewsDP World unit abandons French concession
DP World-owned P&O Ports has reportedly withdrawn from its contract to run the container terminal in the Port de Sète in France.
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NewsSlow progress for LA automation negotiations
Negotiations for an agreement on APM Terminals'' modernisation plan at the Port of Los Angeles'' Pier 400 are in progress and being led by Los Angeles Mayor Eric Garcetti.
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NewsFire rages at Californian port
Firefighters battled a fierce blaze at a recycling plant at the Port of Stockton on Monday, with their efforts hampered by high winds.
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Brexit ‘noise’ frustration for UK ports
British ports are being frustrated in their day-to-day operations by “the noise of Brexit”, according to a leading port spokesperson.
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Singapore reveals Tuas schedule
The Tuas Terminal mega port will commence its first phase of operations in 2021 with two berths for ships, the Maritime and Port Authority of Singapore (MPA) has said.
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NewsPorts industry lose out in Cuba crackdown
Port construction companies are amongst businesses which could be affected by US government action enabling parties to sue businesses in Cuba deemed to have profited off private land seized during the country’s 1959 revolution.
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Uruguay backtracks on TIL terminal rejection
Having turned down a request from MSC’s terminal arm, Terminal Investment Limited, to build a new container terminal in the Port of Montevideo, Uruguay’s National Ports Administration (ANP) has had a change of heart and has put forward an alternative plan for a different location.
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Spain faces yet another competition probe
Spain''s National Commission on Markets and Competition (CNMC) has announced that it is to investigate competition not only between Spanish ports but also with those of other countries.
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NewsChina secures Bulgaria foothold
China Machinery Engineering Corporation (CMEC) has signed a US$135.5m Bulgaria port project construction contract with Logistic Center Varna EAD to jointly develop port infrastructure in Bulgaria’s Port of Varna.
