World News – Page 168
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Eurogate handling volumes remain stable
During 2016, the EUROGATE Group handled the same volume of containers as in the previous year.
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Port of Barcelona sets new records
The Port of Barcelona ended 2016 with new record figures in traffic. The volume of containerised foreign trade cargo, total vehicles and passenger movements reached 1.2m teu, 916,834 units and 3.9m passengers, respectively.
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Seeing through the fog
Fog dominates East Asia''s figures in more ways than one, writes Stevie Knight
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Competing down under
Australia is getting serious about port privatisation, explain Dave and Iain MacIntyre
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Funding threat for US ports with Cuban trade
In his newly proposed budget, Florida Governor Rick Scott has threatened to withdraw funding from the state’s ports if they pursue trade deals with Cuba.
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Ports America sniffs around Quetzal concession
In Guatemala, increasing pressure is being put on the government not to award a follow-on concession to APM Terminals for the Quetzal Container Terminal (TCQ), following its takeover of the original concessionaire, TCB Group, which has subsequently been alleged to have been involved in corruption.
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GPS error results in revamped access road at Moín
In Costa Rica, the government has requested permission from APM Terminals Moín to build an access road connection to the new container terminal using part of the original concession area.
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Long Beach pursues competitiveness in 2017
With an increasing number of mergers, changing alliances and bankruptcies in 2016, and now uncertain trade policies afoot, Port of Long Beach’s (POLB) interim chief executive Duane Kenagy said it is clear that only the most efficient and strongest ports will survive.
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Cabinda secures sovereign funding
Angola’s sovereign wealth fund, the Fundo Soberano de Angola (FSDEA), will invest $180m in a strategic deep sea port in Angola as part of its $1.1bn infrastructure fund.
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Investment for Viano do Castelo and Setúbal
As part of the Portuguese government’s Strategy for the Increase of Port Competitiveness, maritime minister Ana Paula Vitorino recently visited the ports of Setúbal and Viana do Castelo.
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£200m loans for Dover Western Docks Revival
A group of leading British and European lenders has agreed a £200m package of loans to support Dover Western Docks Revival project.
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AAPA 'encouraged' by US infrastructure plan
The American Association of Port Authorities (AAPA) is said to be encouraged by the recent release of the infrastructure investment outline by Senate Minority Leader Chuck Schumer (D-NY) and Senate Democrats.
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Record container traffic at Valenciaport
Valenciaport ended 2016 with container traffic of 4.72m teu, an increase of 2.32% and a record high for the port, according to data from the port authority.
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BPA chief calls for greater UK ports focus
Welcoming the launch of the UK government’s Industrial Strategy, British Ports Association (BPA) chief executive Richard Ballantyne has pressed for a greater focus on port connectivity and fast tracking of planning to help ports develop and grow.
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Boskalis receives LOI for Oman project
Royal Boskalis Westminster N.V. (Boskalis) has received a Letter of Intent (LOI) to award a contract worth approximately €480m for the development of the port of Duqm in Oman, subject to satisfying certain conditions.
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MMC takes controlling stake in Malaysian port
MMC has taken 70% equity interest in Tanung Bruas Port operator KMB Seaport for $4.7m, strengthening its hold on the Malaysian port sector.
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UK ports muted on Brexit update
The response from UK ports was muted to Theresa May’s long-awaited Brexit speech, which took place yesterday at Lancaster House, Westminster, in front of an audience of EU ambassadors.
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Port Klang edges closer to top ten ranking
Based on its performance in 2015, Port Klang says it should be ranked in 11th place in the World Container League for 2016, moving up one spot from 2015.
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Concerns over Salaverry port concession
In Peru, there is disquiet regarding the transparency surrounding the concession of the Port of Salaverry.
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Ecuadorian port investment planned for 2017
In Ecuador, investment of at least $251.5m is planned in the three ports that the government put out to concession last year.