World News – Page 285
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Suape request for $625m funding
The Brazilian state of Pernambuco has asked BNDES for a loan of $625 million to finance upgrades at the north-eastern port of Suape.
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Santos racks up $6bn in investment
The port of Santos will have received combined private and public investment of $6bn by 2024 aimed at improving infrastructure and capacity.
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Mormugao upgrades put on hold
Modernisation of the mechanical ore handling plant at the Indian port of Mormugao has been suspended.
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NewsIndia commits $60bn to national ports
The Indian government has announced that, in partnership with the private sector, it is to invest $60bn into the national port network by 2020 to accommodate increasing levels of growth.
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Uruguay revisits deep water port plan
The government of Uruguay has re-activated a project that first emerged in 2005 to build a new deepwater port at Garzón.
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Cadiz releases terminal tender
The southern Spanish port of Cadiz has issued a tender for a new container terminal.
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Portland ‘critical’ for southern success
The port of Portland is critical for economic growth in the so-called “Green Triangle” of south-east South Australia and south-west Victoria, Regional Development Australia says.
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Investor sought for new Jakarta port
The Indonesian state-owned logistics and industrial park developer, Kawasan Berikat Nusantara (KBN), is seeking an investment partner for a $235m port development in Marunda area of North Jakarta.
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NewsHPH secures inland Sydney logistics hub
Hutchison Port Holdings (HPH) has been appointed operator of the Enfield Intermodal Logistics Centre, located 18 kilometres from Port Botany.
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NCC expands into logistics
Russia’s National Container Company (NCC) has established a rail and truck operator, NCC Logistics.
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Kuwait mobilises army to defend Mubarak
Kuwait has mobilised military forces on Bobian Island, at the end of the Shatt al-Arab waterway, to protect its Grand Mubarak Port development from possible interference from Iraq.
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Itajaí revokes non-tendered legal contract
The Superintendent at the Brazilian port of Itajaí is to cancel the contract signed with a local law firm, following a recommendation by the public prosecutor''s office of the state of Santa Catarina.
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Salary readjustment in Paranaguá
Seven hundred port workers at the Brazilian port of Paranaguá and Antonina have received a pay adjustment of approximately 27%. Their salaries have been effectively frozen since 2009.
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Cepal slams lack of Latin America investment
The Economic Commission for Latin America and the Caribbean (Cepal) has criticised the lack of investment in Latin American ports, warning that existing infrastructure is inadequate to absorb increasing export potential from the region.
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Cavotec plans Sweden relist
Cavotec MSL is to delist from the New Zealand Stock Exchange (NZX) in February and relist with the Nasdaq OMX Stockholm.
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Third Melbourne stevedore not ruled out
The Victorian state government has said that the entry of a third major stevedore in the state is not conditional on the development of the Port of Hastings.
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Gioia Tauro workers accept labour changes
Port workers at the Italian Mediterranean container shipments hub of Gioia Tauro have voted in favour of a proposed layoff agreement put forward by trade unions and Medecenter Container Terminal.
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NewsDour outlook, but HHLA bucks the trend
Germany, the Euro’s strong man, might not be able to hold its end up indefinitely with obvious impact on its ports as its economy flat lines, but so far HHLA appears to be bucking the trend.
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Libyan ports still main battleground
Again, it’s the ports that are centre stage in the battles in the troubled hotspots of North Africa, although it is very hard to know exactly what is going on.
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NewsTalks calm Kuwait’s big port row
Talks seem to have staved off difficulties between Iraq and Kuwait over the country’s mega-port construction in the restricted Khour Abdullah waterway, but the situation still has its tensions.
