World News – Page 99
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CAD$300m for port project
Canada Infrastructure Bank (CIB) is committing up to CAD$300m in financing for a new container terminal in the country.
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Study reveals cost of closing Auckland’s port
A new study has revealed the cost of closing the Port of Auckland following the publication of two economic reports which the Ports of Auckland (POAL) said show that the idea of moving Auckland’s port to Northland is “seriously flawed”.
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“Serious threat” to fair competition warning
Feport has warned regulators about what it deems to be a “serious threat” to fair competition within the maritime logistics chain.
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NIRAS wins Tanzanian port masterplan contract
NIRAS is heading an international consortium that has just signed a deal with Tanzania Ports Authority for the strategic development of the country’s ports during the next 25 years.
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Port operator raises US$2.3bn for investment
A global port operator has raised US$2.3bn through bond listings in Dubai and will use the capital raised for debt refinancing and to fund growth opportunities with the goal of boosting its end-to-end logistics capability.
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TASMANIAN SHIPPERS HAVING TO SUCK UP COSTS
Tasmanian shippers are positive despite increasing infrastructure charges being applied by terminal operators, as Iain MacIntyre discovers.
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Indonesian port stake to be sold
A construction company is planning to sell its stake in an Indonesian port to fund new infrastructure projects.
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"Texas chicken" concerns in the Houston ship channel
The Port of Houston Authority''s commissioners voted to limit arrivals of container ships and shut down two-way traffic in the Houston Ship Channel. Gordon Feller investigates the impact.
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Sale of port assets to fund company takeover
A major shipping group plans to part-fund a company takeover through a sale of port assets.
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Auckland port report "seriously flawed"
Two new economic reports show that "the idea of moving Auckland’s port to Northland is seriously flawed," Ports of Auckland (POAL) has said.
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MONTREAL SUCCESSFULLY MOVES ON TO THE NEXT STEP
Continued growth is being accommodated with new capacity at Montreal. AJ Keyes discovers how the port is well-placed for future success.
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QUEBEC GOES DEEP TO TARGET US MIDWEST TRAFFIC
Quebec Port Authority (QPA) plans to enter the container port business. It has Hutchison Ports and Canadian Railway on board already, but is it viable, asks AJ Keyes.
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THE TIMES THEY ARE A CHANGING IN HALIFAX
A new president and CEO, global terminal operator involvement and growing competition shows that 2019 is proving to be an eventful year for the Port of Halifax, as AJ Keyes discovers.
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GREAT EXPECTATIONS - THE ROBERTS BANK CHRONICLES
Roberts Bank2 remains Vancouver Fraser Port Authority’s preferred option to add capacity. AJ Keyes assesses the latest position and looks at recent developments at the port.
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US$520m Egypt expansion project
A port operator marking its 10th anniversary is getting closer to completing a US$520m expansion project in Egypt.
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UK port begins GB£4.3m ro-ro project
A major UK port has begun a new phase of planned investment to maximise quayside space and ensure the world’s largest ships can continue to call there.
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Ports feel effects of Chile strikes
Port operations in Chile have been disrupted after dockworkers took part in protest strikes in the country.
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TIME TO WEAR SHADES IN CALLAO – THE FUTURE LOOKS BRIGHT
Rob Ward gives the port of Callao, Peru a health check and discovers that volumes are growing in 2019 and that the future looks bright.
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Philippines port proposal underway
A port development proposal has been accepted as complete by the Philippine Ports Authority (PPA), which will now begin to evaluate its legal, financial and technical merits.
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Tax probe begins
An in-depth investigation will assess whether tax exemptions for ports in an EU country are lawful and impact fair competition.