World News – Page 290
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From zero to hero – but short in the leg
Cai Mep is riding the crest of Vietnam’s economic wave – having grown to hub status from a feeder port in two short years, but it is already having to make the most of its efficiency.
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UK development to rely on "volunteers"
The UK government’s rhetoric about ‘localism’ covers a massive drop in funding and the hope that business will pick up the pieces. But a recent meeting made it plain that business had better find it worthwhile – and quickly.
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Damman concession follows link
Saudi Global Ports (SGP) has gained the concession for a second container terminal at King Abdul Aziz Port, Dammam, in Saudi Arabia.
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Bulk volumes up yet again at Salalah
Salalah is seeing a steep rise in bulk volumes, partially on the back of the increased appetite for fuel and steel. The port’s record 764,000 tons of cargo for May was up 31% on the same month last year.
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LA labour deals to keep expansion on budget
America’s top container port, the Port of Los Angeles has signed a five-year labour agreement committing to the creation of some 20,000 jobs.
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Lyttelton pressured by tough insurance sector
Compounding disruption caused by a succession of earthquakes, Lyttelton Port of Christchurch has confirmed that is having “significant difficulty” in securing natural disaster insurance cover in the current environment.
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ISPS has turned ports into 'money machines'
Security-related bureaucracy is turning access to some ports “into a bit of a money machine”, International Shipsuppliers and Services Association president Jens Olsen has claimed, pledging to tackle the issue head on during his three year tenure.
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Libyan ports caught in freeze
The European Union has added six port authorities to the now extensive list of Libyan companies and individuals blacklisted under the UN asset freeze.
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Knee-jerk reaction has meant drop in training
There has been a dangerous ‘knee jerk’ reaction in the last year that has seen around 20% of the UK’s workforce to decrease training budgets according to statistics from the Chartered Institute of Personnel Development.
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Privatisation, prosperity and the people?
The Port of Dover, after finding it wasn’t easily gaining ground in the argument about ending the port’s Trust status and going for privatisation, is trying to win hearts and minds with an upload on YouTube.
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Ports could lead on carbon
It may not be the ports themselves that create the emissions, but if they work together, they can exert pressure on the supply chain to green-up, points out new research from the University of Hull.
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Ports and the supply chain's vulnerability
The supply chain is sensitive to growing security issues, according to a report by PricewaterhouseCoopers (PwC). But forcing ports to screen all freight isn’t the answer – and the checks may be best applied earlier.
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Rise and rise of Queensland’s coal
The first shipload of coal leaving the expanded Abbot Point Coal Terminal 1 (APT1) was closely followed by Vale throwing its hat into the ring after one of the new terminals to be built at the port.
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Canal effect 'more evolutionary than revolutionary'
Continued recovery and fast-tracked expansion plans are today''s headline moves for US East Coast ports, according to Paul Bingham, consultant and economist of Wilbur Smith Associates.
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Beyond the expansion
US East Coast ports should look past the Panama widening hype for long term gains, finds Martin Rushmere
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Powerful aftershocks hinder Lyttelton recovery
New Zealand’s Lyttelton Port is once again dealing with the aftermath of earthquake damage to its facilities – for the third time in nine months.
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Renewables gain from Milford Haven profits
Strong performance from Milford Haven’s gas and oil activities in 2010 is to drive new plans to attract renewable energy and biomass businesses, alongside continued development of existing port infrastructure and services.
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Investors edgy about emerging nation ventures
While acknowledging the investment potential of the BRIC nations, investors remain nervous about committing cash to port development in emerging markets, according to new research from international built asset consultancy, EC Harris.
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Filling the gaps
Since the downturn has left many ports with space to spare, some are looking at port-centric logistics and developing specialised clusters in a move to up the volumes and improve revenue.
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A question of size
Is the threat of overcapacity being overstated in Northern Europe, asks Stevie Knight