Europe – Page 84
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ICTSI get busy in the Baltic
Its been a busy week for International Container Services (ICTSI) – its subsidiary Baltic Container Terminal (BCT) has taken the plunge and entered into a credit agreement for the modernisation of the Gdynia terminal in Poland.
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UK examines investment opportunities
British government agency UK Trade & Investment (UKTI) has published its most extensive assessment of market potential in the Asian ports sector to date.
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Scandal over misuse of public finance
A recent report issued by the European Court of Auditors (ECA) has revealed that millions of pounds of EU public port finance may have been squandered in ineffective port projects.
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Felixstowe Port Users’ raise funds for hospice
Felixstowe Port Users Association has donated the proceeds from its annual charity ball to the St Elizabeth Hospice, in memory of its former vice chairman, John Munnings.
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In it for the long haul
Despite Europe’s financial troubles, Charles Hammond of Forth Ports says that the UK''s ports are sturdy operations, and not likely to see a disastrous collapse as they are “the gateways to the country”.
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Call on the community
The UK''s ''Big Society'' ethos can''t be small-minded when it comes to port ownership models. Stevie Knight reports
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Last minute problems at JWP
It appears that last minute problems may be threatening completion of one of Germany’s biggest marine engineering projects – construction of the new JadeWeser Port (JWP) deepwater terminal in Wilhelmshaven.
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The UK's lost opportunities
More needs to be done to stop red tape choking UK port development, explains Stevie Knight
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APM uses wind to power terminal
Denmark’s APM Terminals Cargo Service has announced that it has formed a new partnership with DONG Energy, to reduce the operator’s energy consumption and CO2 emissions at the port of Aarhus.
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Head of APDL resigns in protest
The president of the Douro and Leixoes Port Authority (APDL), Matos Fernandes, has resigned his post, citing his "deep regret" in respect of "an absence of decision-making from other companies in the industry".
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MSC denies terminal arm listing
MSC has denied any plans to spin off its container terminal division through the issuing of an IPO on the Singapore stock exchange, rebuffing industry rumours surrounding a potential listing,
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COSCO keen on Croatian terminal investment
Chinese shipping group COSCO has revealed an interested in investing in the Croatian Port of Rijeka - utilising it as China’s link to mainland Europe - and supporting city infrastructure.
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Global Ports looking to greenfields
Global Ports Group Investments Plc - a container and oil terminal operator servicing Russia’s cargo flows - plans to expand its portfolio and operations by persuing greenfield projects.
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Dutch propose floating ports
Dutch architect Dutch Docklands have put forward a project to build floating ports and floating roads on platforms that would be anchored in the sea.
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UK ports – a serious issue
UK Shipping Minister, Mike Penning MP, met with the All-Party Parliamentary Maritime and Ports Group this week, to give the industry an update in terms of the Government’s port strategy moving forward.
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Naples begins to tackles concessionaire debt
Terminal operators in the Italian port of Naples have accumulated debt owed to the port authority of more than €20m.
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Marseille: Strategic call for Arkas
Marseille Fos Port Authority is set to benefit from a new call created by the extended Aegean-Spain weekly container service operated by Turkey’s Arkas Line.
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BCT gets a third off its expansion costs
The Baltic Container Terminal in Gdynia – an ICTSI subsidiary - is to gain from a grant worth around a third of its PLN153m (US$49.2m) development, an expansion project that will raise BCTs capacity by 60%.
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APMT injury and CO2 wins
APM Terminals’ 2011 Sustainability Report reveals a 21% decrease in Lost Time Injury Frequency, and a 16.5% per teu reduction in CO2 emissions, but admits there is still much to be done.
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Valencia focuses on strategic priorities
There was little talk of transhipment costs or container investments being frozen by the Port of Valencia at a recent workshop held at the London School of Economics.