Finance, Legal & Insurance – Page 19
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Know your limits
Business interruption policies often contain sub-limits, which can have an important impact on coverage. Port and terminal operators should check to see which sub-limits apply to their policies to make sure they have the cover they expect. Examples of issues that arise include:
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NewsBridging the gap
HFW''s Costas Frangeskides discusses the important aspects of property and business interruption cover
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NewsVital priorities
The right port facilities in the right place can be key to ensuring that a country’s raw material exports are viable in the world market, says ports consultant Nigel Nixon.
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NewsOff the shelf
A fall in construction prices in certain parts of the world could help to drive new port investment, says Jonathan Tyler, business group director, maritime, at Royal Haskoning.
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News‘New normal’ investing
After a ‘bounce-back’ year in 2010, mothballed port investment projects are coming off the shelf again. Felicity Landon reports
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NewsAPM Terminals rings the changes
This year the formerly independent AP Moller-Maersk Container Inland Services unit was brought under the control of APM Terminals.
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NewsDowns and ups
The world’s port leaders are at last building on the dire figures of 2009. Felicity Landon reports
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NewsUnlocking market value
MTBS offers a two-step approach for port authorities to maximise the use of private capital without losing control
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NewsCarbon control
Brian Gordon, of Holman Fenwick Willan, asks whether carbon funding can open the door for port emissions reduction projects
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No clear path as ports weigh the options and implications
In New Zealand, where a shippers’ body is pushing for the creation of a hub port or two to handle 7,000 teu ships, port executives are carefully weighing the options and the cost/profit implications of playing follow-my-leader.
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NewsSize matters
Should ports invest in infrastructure to handle bigger ships or stay on the sidelines?
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Taking a stake
Trust ports can also find themselves facing very different views from potential “stakeholders”.
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NewsA privatisation affair
Dover is snatching the headlines in the debate over the privatisation of trust ports – but many others could be in the “firing line” and are anxious for legal advice and support.
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NewsA tougher environment
Europe’s Environmental Impact Assessment process is set to become ‘increasingly laborious’, thanks to an EC review. Felicity Landon reports.
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NewsPRC anti-monopoly law and its application
Connie Chen and Donny Low, of Holman Fenwick Willan’s Ports & Terminals Group, explain the PRC Anti-Monopoly Law and consider its potential application to port operations.
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NewsTransparent process for those in good financial health
European interest rates are currently very competitive, since the reference Euribor index is at a historically low level, writes Alex Hughes.
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NewsOther options for paying the bill
For the past eight years, Virginia Port Authority (VPA) has funded equipment purchases either by issuing bonds or as part of an instalment purchase programme, writes Alex Hughes.
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NewsFrom riches to rags in the UK
It was a change in law that prompted the UK Valuation Office’s review of all 55 large ports across England and Wales; a review that sparked massive confusion for UK ports.
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NewsRates redemption
HFW’s Richard Wilmot and Andrew Williams discuss options to challenge unreasonable business rates
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NewsVictims and victories of the recession
APM Terminals recent withdrawal from the 2.15m teu capacity Kaohsiung terminal, and from its 10.5m teu investment in the Yantian facility in the Port of Shenzhen reflect the company’s strategy of focusing on growth areas.
