World News – Page 275
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Tanzania to tackle Tanga congestion
Tanzania Ports Authority is embarking on a huge expansion exercise at Tanga Port in order to meet forecasted traffic growth that will surpass 4m teu by 2028 and to ease current congestion.
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Hutchison's Harwich extension on the back burner
Following a request from Hutchison Port Holdings, the UK''s Secretary of State for Transport has approved a 10 year extension to the company''s option to build a new $469m container port at Harwich.
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Tanger Med signs three-year agreement
Several months of strikes at Tanger Med have come to an end following an agreement between port stevedores and terminal operator Eurokai Contship Italia.
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PLA hub investment tops £10m
The Port of London Authority in the UK has completed the latest development project at its hub Denton Wharf taking total investment there to a tune of £10m, but there''s expansion to come.
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Maersk ‘no fear’ of overcapacity
Maersk Line chief executive, Nils Smedegaard Andersen, has stated that the shipping line’s current structure means that it has no need to fear the predicted overcapacity that will envelop the industry over the next four years.
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Santos secures terminal loan
The Inter-American Development Bank has closed a $430m syndicated loan with four international banks to build a new private mixed-use container and liquids terminal at Brazil’s Santos Port.
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Yantian takes Shenzhen stake
Yantian Port Holdings is to take a 35% stake in a Shenzhen-based container terminal operator, in which it plans to invest $73.99m.
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Chennai and Ennore merger mooted
India''s Shipping Ministry is considering the merger of Chennai and Ennore ports, a move prompted by a High Court decision to force Chennai to transfer the handling of coal and iron ore to Ennore.
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Peru to invest $3bn in ports
Over the next five years, Peru is to spend $3bn on modernising its ports network.
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Coronel to invest $100m
Chile’s Puerto Coronel is to invest almost $100m in 2013-2014 in expanding existing installations.
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Puerto Lirquén pursues share issue
Chilean port operator Puerto de Lirquén is seeking permission to issue shares worth $86m.
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ADPC awarded for sustainability
Abu Dhabi Ports Company (ADPC) has gained recognition for protecting the environment in which it operates - by winning three environmental awards in the past week.
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Shutdown threat hangs over US west coast
Following the Wall Street protests last week, demonstrators have threatened to block all west coast seaports on 12 December as part of ongoing national demonstrations.
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Tauranga set to benefit from strikes
Strikes are a common theme in the news this week, but they’re clearly not bad news for everyone as the Port of Tauranga will attest.
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Andhra Pradesh seeks second major port
The state of Andhra Pradesh in India says it would like to establish a second major seaport, following the success of Visakhapatnam.
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Chennai brands surcharges as “illegal”
Chennai Port Trust believes that congestion surcharges being levied by container shipping lines calling at the new container terminal are illegal.
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Auckland pioneers smart lighting
New smart-switching technology has been developed by Ports of Auckland’s IT team to save power bills on port lighting.
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Explosive containers still a US hot potato
The tricky issue of how to handle potentially explosive reefer containers appearing in US Pacific ports is still not resolved.
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Valencia controls one-third of all Spanish containers
In the first three quarters of this year, the port of Valencia handled 3.25m teu, up 4.6%.
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APM Terminals takes on Brazilian dockers
APM Terminals in Brazil has been advertising stevedoring jobs at the port of Itajaí as a means of re-commencing operations, which had been paralysed by strikes since October 27.