World News – Page 247
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Saudi Arabia spending spree
Saudi Arabia is planning to invest $914m in port development in the short term to cater for growing demand.
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Three’s a crowd at Brisbane
Doubts have been cast on the viability of having three container stevedores compete at the Port of Brisbane.
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NewsKeeping up the pace
A flurry of port development up and down the Brazilian coast compensates for weak infrastructure elsewhere on the continent. Alex Hughes reports
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NewsPort of Genoa plans capability adjustments
A new masterplan is being created for the Port of Genoa in a bid to meet the needs of the new generation of larger container ships.
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NewsAusterity strikes hit European ports
Austerity strike action hit a number of European ports this week, which led to a halt of some operations, according to reports from agent Inchcape Shipping Services (ISS).
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NewsICTSI acquires Hijo shares
International Container Services (ICTSI) has acquired subscription rights to forty million common shares in Hijo International Port Services Inc. (HIPS).
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NewsRussia looks East for trading tips
Russia is looking to “diversify” its economy in order to reduce its dependency on crisis ridden Europe, which at present accounts for roughly half of its foreign trade.
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NewsNew Liverpool terminal set to go ahead
After a consultation period with no objections, Peel Ports’ £300m plan to build a new container terminal at the UK''s Port of Liverpool are set to go ahead.
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Pacific coal ports need to expand
Ports on the Pacific coast of North America must expand to accommodate increasing coal exports, William Meister, associate and mining practice leader of Golder Associates has told the Indonesia Coal Investment Forum.
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Above inflation tariff hikes for South African ports
South Africa''s National Ports Regulator has been asked to increase tariffs by inflation +3% for three years as of 2014-2015.
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Portuguese concession process criticised
Carlos Figueiredo, development director Tertir, which owns container terminals in both Lisbon and Leixões, has criticised the Portuguese system of port concessions, which he believes needs urgent reform.
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Regulator needed for Nigerian ports industry
The Nigerian government has been advised to appoint an independent regulator to oversee the maritime industry.
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NewsOakland's executive director retires
The Port of Oakland’s executive director, Omar Benjamin, has notified the Board of Port Commissioners of his retirement, effective immediately.
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NewsBreaking hard ground
The barriers to entry are great, but Russia is still mightily attractive to investors. Stevie Knight explains
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NewsUKTI Mission targets growing Brazilian market
UK Trade & Investment has organised a Trade Mission to Brazil, in collaboration with Port Finance International, for UK companies within the ports sector looking to take advantage of the growing Brazilian market.
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NewsOz transport regulators ripe for reform
A report by the Australian Logistics Council (ALC) has highlighted that the number of transport regulators in the country are long overdue for reform in order to improve infrastructure on a national scale.
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Insurance advice for 'Sandy' sufferers
International transport and logistics insurance company, TT Club, is giving advice to its members on insurance claims which come after enduring super-storm ''Sandy''.
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NewsNew chief exec for ABP
The current chief executive at Associated British Ports (ABP), Peter Jones, has announced he will be retiring at the end of March 2013 after six years at the helm.
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NewsGovernment stalls Dhamra expansion
Expansion of the Port of Dhamra has been stalled by the Odisha government which has stated: “Allotment of additional land to DPCL for second phase development at this stage does not appear tenable.”
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NewsPort centricity on the agenda at Seawork 2013
Port centricity will be firmly on the agenda at Mercator Media’s annual Seawork exhibition which will take place from 25-27 June 2013 at the ABP Port of Southampton, UK.
