World News – Page 379
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China port deal
Chinese port operator Chongqing Gangjiu is to acquire the port assets of its parent company for $218m. The move is aimed at strengthening its finances and improving its profitability.
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DP Wold injects cash into Brisbane concession
DP World will spend A$250m ($219.4m) upgrading its Brisbane terminals after signing a 40-year lease agreement with the Port of Brisbane Corp.
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Nigerian concessionaires demand surcharge
Port concessionaires in Nigeria believe that they should be receiving the 7% surcharge levied on imported items that the government set up to develop port infrastructure.
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FESCO Vladivostok deal
FESCO transport group has acquired a 50% stake in Vladivostok Container Terminal, which it picked up after acquiring all of the shares of the National Container Company from the N-Trans group. The deal was worth $200m.
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DP World reaches into Aden
DP World and Aden Port Corporation (ACT) have signed a joint venture agreement allowing the former to operate container handling facilities at both Aden Container Terminal and Ma''alla Container Terminal.
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NewsBristol applies for HRO
Bristol Port Company has submitted a harbour revision order application and environmental statement to the government for its planned 1.5m teu deepsea container terminal.
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Guangdong's lucky eight
The city of Zhongshan in Guangdong is to invest $47.5m in a new port equipped with eight container berths, each capable of handling 200,000 TEU/year.
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Maersk departure hits Alicante
Maersk has withdrawn its South Iberia feeder service from the port of Alicante after just three months.
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Death at Lyttelton
Long-serving Lyttelton Port of Christchurch watersider Martin Sincock (55) was recently killed when a line snapped on the coal ship Devprayag while it was being moored at Cashin Quay.
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APM further cements Tanger commitment
APM Terminals in partnership with Morocco''s Akwa Group has been awarded the concession to operate Terminal 3 at Tanger-Med II, which has a capacity of 3m teu.
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Algeciras funds secure
Algeciras Bay Port Authority (APBA) has approved an investment package of ¢ 59m ($87.9m) to expand existing port infrastructure, including construction of the new Adosado terminal and reinforcement of Juan Carlos I quay.
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Brazil's ports industry in flux
The Brazilian Public Container Terminal Users Association (Abratec) is questioning the legality of having a private container terminal, Portonave, in the port of Navegantes, compete with the Port of Itajaí Container Terminal (Teconvi), which is a publicly owned facility.
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Oz port congestion improves
The Simpson, Spence and Young Australian Coal Port Congestion Index has dropped to 7.1 days, the lowest it has been since October 2006.
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New blood at Tarragona
DP World (60%) and Zim (40%) have bought Tarragona container terminal operator Contarsa, which is currently handling 150,000 teu.
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'Emergency' call in Costa Rica
Users of the Costa Rican ports of Moín and Limón have called on the government to declare a state of national emergency for port operations.
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Blanca deal sealed
A $150m contract has been signed to build a multi-purpose terminal at the Argentinian port of Bahía Blanca.
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Ennore selects six bidders
Six bidders have been shortlisted by Ennore Port Ltd to develop a container terminal costed at $308m.
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Otago dispute settled
A new two-year collective employment agreement has been reached between Port Otago and the Combined Unions.
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Russian port commitment
Russia is to spend ¢ 7.6bn ($11.3bn) on developing ports in the North West, of which ¢ 2.1bn ($3.1bn) will come from the Federal Budget. Ust-Luga should be handling up to 130m tonnes by 2015, Primorsk in the region of 25m tonnes, Vyborg 3m tonnes and Vystock 12m tonnes. Kaliningrad ...
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Vietnam growth
First half growth at Vietnamese ports, which amounted to 22%, was double that registered in 2007.
