World News – Page 233
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NewsSpending spree benefits manufacturers
The Indonesia port development spending spree has benefited service providers in the sector. Konecranes had an order worth over €100 million for Indonesia in March, signing an agreement to deliver container-handling equipment to Pelindo III.
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NewsOnwards and upwards
BNCT’s presence at Busan’s New Port is attracting new bread and butter business demonstrating that it’s not only attractive to mainline services.
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NewsMoving into overdrive
Indonesian port authorities have thrown themselves into the job of tackling congestion.
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NewsPanama Canal rival
The Nicaraguan government has apparently awarded a Chinese company a 100 year concession to build the alternative to the Panama Canal.
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Brazil ramps up concessioning activity
Brazil''s National Waterway Transport Agency (Antaq) has scheduled four rounds of tenders covering the privatisation of terminals at Brazilian ports.
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NewsLyttelton invests in container terminal
New Zealand’s Lyttelton Port of Christchurch (LPC) is set to buy a fourth ship to shore gantry crane to handle the growing container volumes at the port.
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NewsReaching tipping point
Brazil has reached an historic point in its port history, as Alex Hughes explains
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NewsMP595 sets Santos Brasil free
Before the approval of Brazil''s port reform bill MP595, national operator Santos Brasil admits that it felt uncomfortable investing in areas outside of public ports as the previous legislation did not entirely allow for the handling of third party traffic.
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NewsMP595 could stimulate massive change in Brazil's ports
The Brazilian Association of Infrastructure and Basic Industries (Abdib) has estimated that the adoption of new ports legislation could stimulate investment of $24.6bn by eliminating barriers to entry for private capital.
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NewsWestports Malaysia set for US$500m listing
Port operator, Westports Malaysia, is expected to list on the local stock exchange in October 2013 in a deal that could raise up to US$500m, according to media reports. The operator manages Malaysia’s main export gateway of Port Klang – one of the main ports along the Malacca Straits linking ...
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NewsFelixstowe doubles rail capacity
The UK’s Port of Felixstowe has opened a new rail terminal which sees the container port’s rail capacity double.
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NewsLyttelton insurance claim breakthrough
New Zealand’s Lyttelton Port of Christchurch (LPC) announced it is reviewing the payment of dividends after a breakthrough in a two year earthquake insurance repair claim, said to be “the largest ever in Australasian history”.
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Essar Ports wins Visakhapatnam bid
Private port company, Essar Ports Limited (EPL), through its wholly owned subsidiary, Vadinar Oil Terminal Ltd, has won a bid for the development of three iron ore berths at India’s Visakhapatnam Port on a build-operate-transfer (BOT) basis.
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NewsYang Ming extends POLA lease agreement
Beijing based marine transport company, Yang Ming, has extended its lease at the Port of Los Angeles (POLA) by 9 years – a move that will provide cargo growth over the next 17 years, says the city’s Mayor, Antonio Villaraigosa.
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NewsPSA acquires stake in Fuzhou terminal
Global port group, PSA International, has acquired a stake in the Fujian Jiangyin International Container Terminal (FJCT) at the Port of Fuzhou in China, making it the second largest shareholder after FPG.
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NewsLiverpool2 port project begins
Peel Ports has welcomed the news this week that Liverpool''s maritime sector in the UK has received a £35m regional growth fund (RGF) grant from the government - now the operator can begin to realise its expansion plans at the Port of Liverpool.
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NewsVancouver labour lockout continues
The lockout is still in force at the US Port of Vancouver after nearly three months prompting the International Transport Workers’ Federation (ITF) to make an official complaint to Mitsui Ltd, owners of the United Grain Corporation (UGC), the company at the centre of the dispute.
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NewsETF concerned over port policy proposals
Following the European Commission’s adoption of a new regulation and communication, ‘Ports: en engine for growth’, earlier this week, the European Transport Workers Federation (ETF) has expressed concerns that the proposals could have on workers in technical-nautical services.
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NewsControversy continues to court Brazilian port reform
Both houses of the Brazilian parliament have voted into law interim measure 595, which it is hoped will greatly increase the competitiveness of the Brazilian ports industry.
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NewsAshdod and Haifa ‘accused’ of box handling oligopoly
The head of Israel''s Anti-Trust Authority has written to both Haifa port and Ashdod port to ask them to meet him prior to them being accused of operating a container handling oligopoly.
