World News – Page 220
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Egyptian ports not for sale
The Egyptian Minister of Transport, Ibrahim El – Demeiry, has publicly stated that there are no plans to start privatisation of the nation''s ports.
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NewsPort of Dover proves a vital route
The UK’s Port of Dover is to be revived by the Dover Harbour Board – a move that will ensure the “national asset” remains competitive and continues its vital contribution to both the UK and European economy.
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NewsEarthquakes close Chilean ports
The Chilean ports of Arica, Patache, Iquique and Mejillones are closed for operations following the earthquakes and tsunami alerts this week.
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NewsDP World unveils new British berth
DP World has opened its new £100m container handling facility at ABP’s Port of Southampton, designed to handle the largest and deepest container vessels, in a bid to stay competitive.
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India's spring board
HFW''s Connie Chen and Alistair Mackie discuss India''s need for better port development plans
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NewsTipping point
Radhika Rani examines the broken connectivity links holding back Indian port development
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NewsHHLA prepares for “difficult” 2014
Hamburger Hafen und Logistik (HHLA) is expanding its market position with strong 2013 results but says achieving 2014 results that are on par with the previous year “remains an ambitious target”.
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NewsVancouver truckers call an end to crippling strike
After successful mediation talks, truck strikes at Port Metro Vancouver are finally over, with truckers set to resume normal duties this week.
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NewsUS west coast ports to get 'tsunami ready'
Five Californian ports are working together to prepare for future tsunamis in a new state wide project which identifies potential hotspots to formulate better emergency plans.
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NewsValencia set for future growth
US-based investment company, J P Morgan Asset Management, is committing €100m to the expansion and development of Noatum’s facilities at the Port of Valencia, to accommodate future growth.
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US FMC gives nod to P3
US Federal Maritime Commission commissioner William P Doyle has voted in favour of the P3 Network Vessel Sharing Agreement.
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Seattle and Tacoma information sharing permitted
The Federal Maritime Commission has unanimously voted to allow the Ports of Seattle and Tacoma to continue with a co-operation agreement that will see them exchange information on matters of “mutual interest”.
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Global port expansion expected in 2014
This year could mark the “first year for the expansion of global ports” since the worldwide economic crisis, according to the Shanghai International Shipping Institute.
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North European ports pick up the pace
North European Hamburg-Le Havre range ports are expected to break through the “seemingly invincible” 40m teu ceiling in 2014, having failed to make the mark in 2013.
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BNCT powers on with expansion project
Korea’s BNCT is pushing ahead with development works despite having 400,000 teu of spare capacity available.
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Stockholm to benefit from E14m TEN-T funding
The Port of Stockholm’s infrastructure project has received a funding boost from the European Union’s TEN-T Programme.
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Houston traffic stunted by waterway closure
A collision in the Houston Ship Channel shut down the waterway for three days in March as the US Coast Guard worked to clean up the 168,000 gallons of bunker fuel oil spilt.
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NewsUS East Coast loses out to inland ports
The winter weather has proved a problem for US East Coast ports like New York and New Jersey, and their loss could be Montreal’s gain.
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Competition authorities say no to Basque port cooperation
The Basque Competition Authority has issued a negative report in relation to a proposal put forward by the Basque government for a possible cooperation protocol to be signed between Bilbao, Pasaia and Bermeo ports.
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Bond and IPO opportunities in the Far East
Indonesian port operator Pelindo III, which is responsible for facilities in the central and eastern parts of Indonesia, is to issue $400m in bonds this year in both US dollar and rupiah denominations. This will be used to finance the company’s port expansion projects.
