World News – Page 274
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Puerto Lirquen to issue shares
The Chilean company Puerto de Lirquén is to issue shares worth $86m to boost capital.
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Aqaba port workers strike
On December 7, 3,200 workers of the Aqaba Port Corporation went on strike in protest against the Board of Directors who had failed to implement an agreement to improve working conditions.
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Pay hike for Valencia stevedores
Terminals and stevedores at the port of Valencia in Spain have agreed to a 3.2% salary increase for all the 1,300 dock workers.
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SLPA to issue bonds
Sri Lanka Ports Authority is to issue $500m in bonds, with the revenue used to pay off Japanese loans, which are proving unaffordable given the appreciation of the yen.
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NewsNY/NJ port projects secure $346m funding
New York/New Jersey port authority is to invest $346m in port projects for 2012, in addition to the $15m it will spend on increasing air draft clearance under the Bayonne Bridge.
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NewsGreen Port Hull plans submitted
There’s good news today for the UK'' s city of Hull – multi million pound plans have been submitted by Siemens and Associated British Ports (ABP) for a wind turbine factory at the proposed Green Port Hull facility.
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Bureaucracy and eco-regs worry developers
Huge environmental costs and lengthy bureaucratic processes on the US West Coast are starting to make investors take a second look at the whys and wherefores of building terminals.
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NewsAuckland strikes out at union on Maersk loss
The Port of Auckland has hit out at the Maritime Union of New Zealand and said that the loss of the Maersk Southern Star service is a “sad attempt” to deflect blame for the situation from the union.
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Pelindo II plea to change tack
The Indonesian Stevedoring Companies'' Association has asked that state port operator Pelindo II abandon its current contract with PT Kaluku Marítima Utama to operate berths 201-203 at the port of Tanjung Priok.
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Stevedores revolt at San Antonio
Following a decision to withhold a mitigation bonus to more than 1,000 stevedores, Puerto Central, which has recently taken over the management of the Costanera Espigón container terminal at the Chilean port of San Antonio, is being taken to court to have this overturned.
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Auckland strikes force business elsewhere
There is more bad news for the Port of Auckland as a result of current strikes diverting vessels to the Port of Tauranga instead – it has lost one of its most lucrative container shipping contracts to its rival entirely.
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NewsTraffic returns after price war
The traffic has returned to German ports after the price wars of 2009, and a “realignment of market share” has been seen in 2011.
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Five in the frame for Manta
The Ecuadorian government will issue a tender in December for the Port of Manta management contract.
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NewsDP World pumps up UAE capacity
DP World has announced that it is to expand its flagship Jebel Ali port, creating an additional 4m teu. This will take total capacity to 19m teu by 2014.
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NewsNew terminal inauguration in Senegal
West Africa’s new largest container terminal, Terminal à Conteneur, developed and operated by DP World, has been offically opened in Senegal.
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NewsOakland slams proposed blockades
The Port of Oakland has spoken out against the planned Occupy blockade due to take place across all west coast seaports next week on 12 December.
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NewsUS freight rail strikes averted
It appears that the US freight rail strike planned for tomorrow has been averted, thanks to a last minute agreement between railroad representatives and the unions.
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Over enthusiastic Customs threat to Vallarpadam
The new container shipping service linking the Indian port of Kochi to ports in Europe could be suspended by operator CMA-CGM Hapag-Lloyd if customs officials continue to check seals on all transhipment containers passing through the Vallarpadam terminal.
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News'Panama Effect' keeps West Coast guessing
What might be called the Panama Canal Syndrome is keeping port planners and executives on the alert over the effect the widened canal will have on US West Coast port traffic.
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NewsDouble trouble depresses volumes
Canada and the environment converge on US West Coast ports, as Martin Rushmere discovers
