World News – Page 416
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Two new deep-sea ports for Vietnam
Vietnam National Shipping Lines is to build a deep-water port in the Van Phong industrial development zone requiring $184m of investment.
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Sixth box terminal for Kaoshiung
Yang Ming is to invest more than $360m in what will be the sixth container terminal at the port of Kaohsiung.
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Malaysia eases equipment sourcing restrictions
The Malaysian Ministry of Finance has suspended the law requiring port authorities to source gantry cranes from one nominated manufacturer, on the back of complaints from ports who have experienced serious delivery delays.
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Indian partner complements Gulftainer's expansion plans
United Arab Emirates-based terminal operator Gulftainer has inked an agreement with one of the fastest growing corporate entities in India to broaden its reach in the ports and transport arena.
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Bulk material handling specialist Vigan Engineering has purchased AS-C Projects Limited''s pneumatic unloader Simporter technology as part of a deal to take over all activities of the UK-based bulk handling expert.
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Antwerp plugs into SAM
SAM Electronics is to supply an On-shore Power Supply facility for Antwerp''s Independent Maritime Terminal, allowing up to three containerships to connect to it for approximately three days within any one week while berthing.
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Rising star of 'portcentric' logistics
"Portcentric" logistics is all the rage on the south coast of the UK, as the Port of Southampton commits to providing more space for companies that offer portcentric solutions.
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In an unusual twist in the business of port land sales, Philadelphia''s maritime interests have filed a lawsuit against the port authority''s proposed plan to use waterfront property for non-maritime business.
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The "triple net" lease model pioneered by the Port of New York and New Jersey (PANYNJ) in its latest terminal transactions puts the onus of investment squarely at the door of investors, writes Barry Parker.
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Longer opening hours boost Mombasa cargo
Cargo volumes handled by the port of Mombasa have increased following the decision to extend the opening hours for gate services.
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Cosco to set up transhipment hub in the Philippines
Cosco is looking into the possibility of establishing a major new transhipment hub in the Philippines, which would require investment of up to $3bn.
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PSA investment supports local economy
PSA''s S$5bn ($3.3bn) decade-long investment in Singapore''s Pasir Panjang Terminal will take the operator''s total handling capacity to 35m teu when completed in 2009 and supports some 6,000 jobs locally, according to Kuah Boon Wee, PSA chief executive Southeast Asia and Singapore Terminals.
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PoA strike
A breakdown in collective employment agreement negotiations has seen about 250 Maritime Union of New Zealand (MUNZ) members undertake a two-day strike at Ports of Auckland this week, with more strikes in the offing, writes Iain MacIntyre.
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Oz Blame Shifting
Blame-shifting over investment in ports infrastructure has come under fire by ports lobby group the Association of Australian Ports and Marine Authorities (AAPMA), which says that bickering has stopped progress.
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Unions oppose Talcahuano privatisation
There has been strong opposition in Chile to the granting of a concession to operate the port of Talcahuano, with dock workers fearing they will lose their jobs.
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Barcelona approves El Prat recuperation budget
Barcelona Port Authority has approved a budget of ¢ 76m ($107.1m) for the repair of El Prat quay, which partially collapsed on January 1.
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Peruvian ports to handle one million TEUs
The Peruvian ports network will have handled 1m teu by the end of this year, which will be a new annual record. Traffic is expected to double by 2017.
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BA on the verge of saturation
A recent report has revealed that the port of Buenos Aires is already operating at the edge of saturation.
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NPA already overspent on budget
The Western Ports division of the Nigerian Port Authority reports that it had overspent its entire budget for 2007 by the beginning of August.
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APM Terminals reduces boxes sent to bonded terminals
APM Terminals in Apapa Port in Nigeria has been accused of reducing the number of containers forwarded to bonded terminal operators in the area. This has resulted in many of them going out of business or being forced to lay off workers.