All Concessions & Investments articles – Page 25
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Sea change in thinking on performance measures
Martin Szakal began working in the UK''s port industry 30 years ago, when activities on the dock were governed by the National Dock Labour Scheme.
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Promoting better box handling
The introduction of software has been an invaluable tool and has dramatically transformed the container handling industry, says International Container Terminal Services Inc''s Andy Andrews.
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Productivity gains on the back of software introduction
If you look back over the last 50 years, the introduction of software to monitor productivity has definitely been one of the major advances in helping to improve it, says Associated British Ports'' Danny Carmichael.
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Reducing the risks
There is a host of ways to reduce the risks and provide insurers with a higher level of comfort, says Brian Elliot at Marsh. Ports and their contractors should consider:
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Getting things in order
It is not just the design of a project that insurers need to get to grips with - it is the order in which the works will be carried out.
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Not the underwriters' favourite
Brokers claim that marine construction projects are ''often difficult and challenging - and not the favourites of underwriters''. Felicity Landon investigates why this is the case
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Early involvement
Ports should get their insurance broker involved at the earliest possible stage of a major project, says specialist Marsh. "Every risk is unique when it comes to ports and we need to go through the project with our clients to get an in-depth understanding of what they are doing and ...
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Code of practice
Introducing a Code of Practice for the ports construction industry could ease the minds of jittery insurers. Felicity Landon explains
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Training rush
When the northeast England port of Blyth announced that it was to open a training centre that would be offering external training, "the rush was incredible", says Martin Lawlor, chief executive of the Port of Blyth.
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The money men
There''s real cash to be had for sound port developments; and on reasonable terms too, as Alex Hughes discovers
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Employers must 'sell' themselves
As the global skills shortage continues to bite, the onus is on employers to "sell" themselves to win over potential employees. Felicity Landon reports
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GOLD appproach
DP World has recently introduced "GOLD" - its Global Organisational Leadership Development programme, to support its growth strategy. "We aim to recruit up to 50 high potential candidates to GOLD, who will commit to a continuing global career path," says Simon Hall, DP World''s corporate communications manager for Europe and ...
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Manslaughter warning
Convictions for corporate manslaughter in the UK construction sector could soar under the new Corporate Manslaughter Act which came into effect on 6 April, warns insurer Aon.
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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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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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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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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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Tighter belts
Global credit crunch and port finance provision tightens but the year still starts with some "new wave" deals, as Mike Mundy reports