World News – Page 348
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Port Klang corruption tackled
Accusations of corruption at Port Klang Free Trade Zone have prompted the government to appoint a committee to oversee the re-launch of this body.
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Turbulent times for Auckland
Ports of Auckland''s ownership and financial situation have been lambasted by Chris Carr, managing director of Auckland-based logistics company Carr & Haslam.
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Onshore power at Antwerp
The world''s first Onshore Power Supply (OPS) facility with automatic synchronisation and 50/60 Hz conversion has been formally switched on at the Port of Antwerp.
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Brazil cancels hike in port fees
The Brazilian government has suspended proposed port fee hikes for this year; instead, existing 2008 rates will apply until the end of the year. It justified the move by citing the need for domestic ports to remain competitive as a means of boosting the national economy.
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Marseilles grabs a bit of Pagny
Marseilles Fos port is to take a 10% stake in a multimodal hub at Pagny in a bid to strengthen its hinterland connexions. Pagny is strategically located at the northern end of the Rhone-Saone corridor between Chalon and Dijon.
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Sydney's peak pricing criticised
Small trucking firms have complained that they could be forced out of business by Sydney Ports Corporation''s proposed peak pricing scheme, which would charge a A$160 (US$127.5) fee per truck for daytime calls at the port. The Australian Trucking Association New South Wales branch has said this could require an ...
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Record for Rotterdam
The 14,000-teu MSC Daniela recently became the largest container ship to have ever left the port of Rotterdam fully laden - a European record.
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Rodman work under way
Civil works have begun at the Pacific port of Rodman in Panama, where PSA intends to build a container terminal to provide competition for the established Panama Port Company, which is a subsidiary of Hutchison Port Holdings. It will have a 450,000 teu capacity and absorb $100m as part of ...
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Indian government selects six new port projects to finance
The new Indian government has promised to award contracts worth an estimated $692.7m for six port projects within the first 100 days of its administration. In addition, a further 23 projects will be analysed.
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Controversy dogs Liscont
Liscont container terminal in Lisbon continues to be embroiled in controversy.
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Klaipeda courts private investment
Klaipeda State Seaport Authority is seeking new private sector investment to develop infrastructure in the port. Incoming chief executive Eugenijus Gentvilas has stressed an urgent need for partnership with private capital, pointing out that existing port users should be given the possibility to make investment themselves. He added that with ...
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Ashdod port says no to new container capacity
Ashdod Port Company Ltd has written to the Israeli government to state that no new container handling facilities need building in the port for at least 15 years.
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Tender issue for Boubyan island
Kuwait is to issue a tender for the development of a port on Boubyan Island, located at the entrance to the waterway leading to Iraq''s main port in the Gulf.
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New York developments
The port authority of New York and New Jersey (PANYNJ) has approved the lease extensions that will allow the operation and future development of its Howland Hook Marine Terminal on Staten Island. This means the 202-acre Howland Hook facility''s existing lease will be extended through to 2058.
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HPH backs away from Colombo tender
Hutchison Port Holdings has pulled out of bidding for Sri Lanka''s Colombo South Harbour terminal.
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PSA-Sical prohibited from Tuticorin bid
PSA-Sical Terminals Ltd has been barred from bidding for the concession to operate a new container terminal at the southern Indian port of Tuticorin.
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Asciano heads to the market
Australian ports investor Asciano is looking to the market to raise A$2bn (US$1.6bn) in order to reduce a debt burden estimated at A$4.9bn (US$3.9bn). The company examined a range of sale and recapitalisation offers in the knowledge that A$2.7bn (US$2.2bn)-worth of the debt is due to be settled this financial ...
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B&B fund finds new identity
The part of Babcock & Brown that, among other interests, owns ICS Logistics, a leading operator of break bulk sea ports in Florida, Louisiana and Alabama, may have found a way out from under their parent company''s troubled shadow.
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Terminal 75 out to tender
Kaohsiung Harbour Bureau is to issue an international tender for the concession to operate Terminal 75, which is to be vacated in August by Maersk. Previously, China Ocean Shipping group had been rumoured to have been offered a lease.
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Double whammy for Brazil's Vitoria
There has been a double dose of good news delivered for the Brazilian port of Vitoria as, firstly, the Espirito Santo state government has promised to invest Reais242m ($125.4m) in the port and then Ports Minister Pedro Brito promised that the Reais117m dredging programme would be the next in Brazil ...