Concessions & Investments – Page 25
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Better quality but higher claims
Better quality port equipment and operations have reduced claims, but at a cost as Felicity Landon finds out
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COntainer insurance: A bigger chunk of risk
Ports looking to take a bigger chunk of the supply chain take a bigger chunk of risk, warns Eric Buur, underwriting coordinator cargo liability at Fortis Corporate Insurance (FCI).
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Container insurance: TT Club warning
The TT Club is working on an in-depth analysis of claims from terminals, in an effort to help prevent future losses. Results of this study will be published soon, it says - but meanwhile, incidents involving straddle carriers remain "the chief area of concern".
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Tighter belts
Global credit crunch and port finance provision tightens but the year still starts with some "new wave" deals, as Mike Mundy reports
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Ship and shore
A significant increase in the number of accidents threatening assets and environment has led to an increasing demand for the training of ship and shore personnel in the same exercise, says VTS (vessel traffic system) and VTS simulator specialist Transas.
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Shelf life
What is the shelf-life of a simulator? GlobalSim says the first crane simulator it sold is now over ten years old and was recently upgraded, with new computers, motion controller, projector and software installed. Many of the original components could be re-used, says Clyde Stauffer.
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Game plan (please delete earlier version)
As new computer hardware and software technologies evolve, crane and material handling equipment simulators will continue to get more realistic, says Clyde Stauffer, vice-president of US-based GlobalSim. "We take major advantage of a lot of the technologies developed for the computer games industry. Specifically, as image generation hardware increases in ...
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Answering the 'what if' question
In training situations or in feasibility studies, simulators can provide answers to the "what if?" question. Felicity Landon reports on the latest trends
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Money talks
2007 promises to be remembered for the flood of new investor money into the sector but how long will it last, asks Mike Mundy
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Legal Eagles thinking ahead
With ports increasingly waking up to the potential of renewables, lawyers have been kept busy this year. Felicity Landon reports
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Legal Eagles Pinsent Masons
With a ports team that covers the Middle East, India, Asia Pacific and Europe, legal eagle Pinsent Masons is keeping itself busy.
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Legal Eagles Norton Rose
Law specialist Norton Rose has seen demand for container port financing services explode, as Felicity Landon discovers
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More cash on the table
Emerging nation ports were once the poor relations of the port business in terms of finance options but with interest in the emerging world at an all time high things are changing. Barry Parker reports
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The outsourcing evolution
Port authorities are increasingly reluctant to provide services themselves if somebody else can do it cheaper and more efficiently, as Alex Hughes finds out
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A question of security
The introduction of the International Ship and Port Facility Security Code in 2004 forced a sharp rethink on the best and most cost effective route to improving security at ports around the world. 
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Shifting the sediment
Maintenance dredging is an area where ports are increasingly seeking external input and Rotterdam has proved itself an expert in this regard – it has never undertaken this activity in house.
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Technophiles hone in on computer-dependent ports
Given the highly specialised nature of the IT industry it is little wonder that employing external IT providers is becoming more common in ports. 
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Crane calamities
Serious injuries or fatalities, high equipment replacement costs, berths put out of action, prolonged insurance and legal ramifications – crane knockdowns can have a catastrophic effect. Felicity Landon investigates
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Reducing the knockdown risks
Whether a crane knockdown is caused by structural failure, weather or being hit by a ship, steps can be taken to reduce the risks, says Laurence Jones, TT Club’ s risk assessment manager. Structural failure can be due to overload, prior damage, fatigue or design error. 
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Don't skimp on recommissioning inspections
Decommissioned or infrequently used cranes pose their own problems, says Stuart Armstrong, a senior associate in law firm Pinsent Masons’ litigation department.