World News – Page 293
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NewsDownturn playing to privatisation push
The downturn has given some countries further justification for transport infrastructure privatisation, but care needs to be taken that funds are directed to the projects with the largest long-run social benefits.
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NewsRoom for investment
“Investment is a difficult question for those managers sitting in a European port,” says Richard A Butcher, group marketing and sales director of IMS UK.
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NewsShift in emphasis
Southern European ports need to focus on the move to feeder roles and value-add solutions to survive. John Bensalhia reports
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NewsBest bets for investment
Investment in ports located in South East Asia’s fastest growing economies will accelerate in the coming years, according to leading analysts and operators.
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NewsMaersk CFS blaze kills two
A fire that broke out at the container yard Maersk CFS Annex in Ennore, India last week killed two people and injured nine.
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NewsValparaiso tender dead in the water
The controversial concession for Valparaiso’s new Terminal 2 has stalled after the bid deadline passed without any offers.
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The perennial intra-Asian trade puzzle
The rate of growth of the intra-Asia container trades in recent years has been subject to much debate.
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NewsBoxed in by trade growth
Booming intra-Asia box movements have increased the clamour for more port investment in South East Asia. Michael King investigates
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NCC dry port to simplify logistics
In April 2011 Russia’s National Container Company (NCC) started to use the recently approved dry port technology at Logistika-Terminal (LT).
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NewsSheerness turbine deal could overhaul port
The Port of Sheerness has signed an option agreement with Vestas which would see 70 hectares of port land handed over for a wind turbine manufacturing and installation facility.
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NewsDP World share consolidation gets green light
DP World shareholders have approved a 1 for 20 share consolidation to “better reflect the value of the company”.
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NewsIndustrial unrest rocks Australian ports
Australia’s deteriorating industrial situation in the port sector is worrying the country’s shipping bosses.
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World Bank part funds Santos expansion
A subsidiary of the International Finance Corporation is to provide a long-term loan of $97m to finance expansion of container handling facilities at the port of Santos, in a project that will cost a total of $907m.
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Chilean ports invest for the future
An estimated annual growth rate of 8% has prompted Chilean ports to announce a series of investments to cater for demand.
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Metals and marketing MOU
Abu Dhabi Ports Company has signed a memoriam of understanding with JadeWaserPort Logistics Zone that will boost co-operation in the aluminium, engineered metals, steel, chemical, petrochemical and pharmaceutical industries, as well as related education, marketing and distribution activities.
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NewsLibyan government claims victory over Misurata
Libya’s heavily contested port of Misurata has fallen to regime of Colonel Muammar Gaddafi, according to unconfirmed reports from the country’s Foreign Ministry.
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NewsFos stevedores transfer to private companies
National agreements on French port reforms will come into force at Marseilles-Fos from May, with the transfer of some 400 port authority personnel to private or part-private stevedoring companies.
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Investment grows for Middle East Gulf ports
Nearly all of the 35 ports in the Middle East Gulf region are currently undergoing expansion, with $46.5bn already committed. This follows $38.2bn invested up to 2008 and $38.5bn alone in 2009.
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Abandoned port calls double in Brazil
Excessive waiting times at Brazil''s 17 leading ports resulted in 850 cancellations of shipping line calls in 2010, compared with just 457 cancellations the previous year.
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Coronel dry bulk volume up
The amount of dry bulk handled by the Chilean port of Coronel over a 12 month period beginning in February 2010 grew by 265%.
