World News – Page 121
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Latin America box growth slump
The global container trade to GDP growth ratio of four-to-one has slipped close to two-to-one for Latin America, according to figures from the United Nations Economic Commission for Latin America and the Caribbean (CEPAL).
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NewsRunners and riders for new Valencia terminal
MSC, DP World and APM Terminals have all been linked with the new container terminal project in Valencia. Of these, MSC potentially has most to gain by moving to the new operating area, since it currently manages the smallest box terminal in the port.
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Police highlight Brazilian port corruption
The Federal Police of Brazil has published the 800-page report on former President Michel Temer, which led to his indictment for passive corruption, money laundering and criminal organisation.
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Latin America ports criticism
Shippers in Latin America have publicly criticised inefficiencies in regional ports and the wider supply chain.
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NewsBritish ports nonplussed by UK Budget
The latest UK Budget probably won’t affect British ports too much largely because it remains unclear if the news of increased road investments will directly benefit the links to ports themselves.
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NewsMoín Container Terminal receives first vessel
APM Terminals’ Moín Container Terminal (MCT) in Costa Rica has been granted permission by the National Council of Concessions (CNC) to start commercial operations at its first deep-sea berth.
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NewsRotterdam signs investment agreement for Pecém
The Port of Rotterdam Authority has signed a EUR75m investment and development agreement for the Port of Pecém’s port-industrial complex, constituting a 30% share in this enterprise.
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NewsNew FIT terminal at Port Everglades
Florida International Terminal (FIT) has opened a new 32-acre container terminal at Port Everglades with double the number of entry gates than its previous terminal, new equipment and technology and increased stacking capacity.
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NewsPiraeus calls for investment approval
Piraeus Port Authority (PPA) has urged the Greek government to speed up approval of its investment plan which includes a new cruise ship terminal, a mall and four hotels within the port.
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NewsValencia planning 5m teu terminal
The Port of Valencia has announced that its new part-automated north container terminal will have 2km of berthing line and capacity to manage 5m teu.
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Buenos Aires concession overhaul
In 2020, a tender is to be issued at the Port of Buenos Aires that will see the existing five container terminal operators replaced by a single concessionaire. At present, three groups effectively control the five terminals: Terminales Río de la Plata (TRP) is owned by DP World and Argentina’s ...
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Buenaventura forced to adopt contingency plan
After 15 days of crippling strikes at the Colombian Port of Buenaventura, Buenaventura Port Society’s Container Terminal (TCBUEN) has been forced to introduce a contingency plan to return working practices to normal, especially for the loading and discharge of boxes.
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BTP under investigation for anti-competitive behaviour
Brazil''s Administrative Council for Economic Defense (CADE), the independent agency that reports to Brazil’s Ministry of Justice on competition issues, is to investigate Santos container terminal Brasil Terminal Portuário (BTP) for the alleged improper collection of Terminal Handling Charge 2 (THC2), which is levied on the delivery of imported cargo ...
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Gulftainer ready to splash the cash
Gulftainer could invest $3bn over the next half a decade, chief executive Peter Richards has revealed.
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Khalifa upgrade contract awarded
The UAE-based National Marine Dredging Company (NMDC) has said it has been given a $268m contract to expand the country’s Khalifa Port.
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5 k tunnel to beat Rotterdam congestion
The European Investment Bank (EIB) is set to provide a €330m loan for a tunnel link to alleviate traffic around the busiest port in Europe.
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Threefold capacity hike for Walvis Bay
Expansion of Namibia’s biggest commercial port could see its capacity boosted to more than 1m teu.
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Blockchain-connector first for Rotterdam
Rotterdam has partnered with ABN AMRO and Samsung SDS to kick-start a container logistics blockchain pilot.
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NewsAPM sells Aliaga terminal stake
APM Terminals has sold its stake in the Aliaga Izmir container terminal in Turkey to its partner Socar but will continue to operate the terminal.
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NewsNapier hits back over criticised upgrade plan
The owner of New Zealand’s Napier Port has dismissed concerns about its planned NZD$350m upgrade and that the port’s recent growth could be short-lived.
