World News – Page 225
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Tapping into US inland waterways
Approval from the US government is helping to clear the way to create the nation’s largest deep water containerised cargo handling terminal capitalising in on the country''s inland waterways.
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Glut of global tenders
Ecuador’s Manta Port Authority has launched a new tender in search of a strategic international partner to operate its container and multi-purpose terminal.
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Haifa and Ashdod monopolise Israeli box traffic
A ruling by Israel''s Antitrust Authority that the ports of Haifa and Ashdod act as an oligopoly in container handling has allowed director David Gilo to prohibit the existing port companies from involvement in government plans for new container ports.
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South-south trade shift to benefit ports
Marking a shift away from traditional Asia-Europe shipping lanes, trade routes in the southern hemisphere are fast becoming drivers of traffic for well placed ports.
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A general approach to alternative fuels
The European Council has agreed to take a general approach on a proposal aimed at building up minimum infrastructure for alternative fuels across EU ports - a directive that is part of the Clean Power for Transport Initiative
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Nigeria set for first ever deep sea port
Nigeria is set for its first ever deep sea port, estimated to cost N 216bn (US$ 1.354bn) after receiving approval from the Federal Executive Council (FEC).
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Middle East overcapacity talk dismissed
The prospect of overcapacity in the Middle East has been rejected by DP World at TOC Middle East in Dubai this week.
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ICTSI divests Cebu shares
International Container Services (ICTSI) has divested its entire interest in the Philippines port operator, Cebu, to a member of the conglomerate Jardine Matheson Group of Hong Kong.
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Cuba invests to compete
Cuba is taking advantage of the upcoming Panama Canal expansion with the implementation of a free-trade zone (FTZ) and the development of a new container terminal.
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Ngqura terminal development put on hold
Transnet National Ports Authority (TNPA) has suspended the Request for Qualification (RFQ) process for the financing, operation and maintenance of the Ngqura Container Terminal.
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Kandla bid triggers rivalry concerns
Kandla Port board trustees could reject Adani Ports and Special Economic Zone Ltd’s (APSEZ) initial bid for the development of a new container loading facility, local media suggests.
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Shenzhen poses a threat to Hong Kong
Hong Kong’s competitiveness looks to be hanging by a thread as port authorities in China’s Shenzhen work to persuade carriers to skip the country as a transit hub and do business directly with them.
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Minister vows to fight latest EU ports proposals
UK transport minister Stephen Hammond has vowed to "do all he can" to see the EU’s latest proposals for port services regulation are thrown out.
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Argentinean embargo hits Montevideo
Uruguay has officially protested to the Mercosur''s Transport working group regarding the unilateral decision taken by Argentina to impose on embargo on its goods being transhipped at any ports in the region with whom it does not have an existing load standby agreement.
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EC calls on the Court of Justice for Spanish stevedore ruling
The European Commission has made a formal complaint to the Court of Justice in Luxembourg regarding Spanish stevedoring practices. It has also advised Spain''s Ministry of Transport that it has asked for a decision by the end of 2014.
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Global Ports wins tender for Port of Bar
Turkish port operator, Global Port Holdings (GPH) has acquired the unlisted 62.09% of shares of the container terminal and General Cargo JSC (CTGC) company at the Port of Bar in Montenegro for €30m.
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Lisbon works hard to become “transparent”
The Port of Lisbon is looking to make operations “easier, faster, more efficient and transparent” with investments in a new terminal and a national single window (NSW).
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POLA in trouble over TraPac
America’s Los Angeles City Council approved major changes this week to the TraPac container terminal project at the Port of Los Angeles (POLA) despite not being consulted for three years and the project being four times over budget.
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Volumes moving in the right direction
Montreal remains ‘cautiously optimistic’ on volumes for 2013 despite a fall in box and liquid bulk volumes in 2012.
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Another hurdle for Brazilian port reform
Attempts by the Brazilian government to undertake a comprehensive reform of the ports sector have run into further legal problems.