Latest News – Page 1007
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Portek takes over in Gabon
Portek International has been awarded a 25-year concession to manage the ports of Owendo and Gentil in Gabon. It will do this via its Gabon Port Management subsidiary, which will have a capital of $4m. Investment of $2m has been promised.
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Foam Elastomer Buoys from Dave Mac
The case for port authorities to analyse the cost benefits of using foam elastomer buoys is being strongly marketed by FenderCare subsidiary Hippo Marine.
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New Peel CEO
Peel Ports, one of Europe''s largest port operators, has appointed Stephen Baxter, the chief operating officer for BAA, as its new chief executive.
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Jiangsu in capacity boost
Jiangsu Lianyungang Port Company in China is to invest $2.6bn over the next three years to boost capacity.
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Private investment in Iranian ports
Since the start of its financial year on March 21, 12 private companies have signed contracts worth $181m to operate in nine Iranians ports, according to official figures.
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Latin America terminal meet
Uruguay is to play host to the first Latin American container terminals meeting in November to promote information sharing and transparency in the region.
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VTS article
Can investment in a proven vessel tracking service "radically" improve port management? Alex Hughes finds out
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MM's opinion piece
It is interesting to see that the Indian Government has decided to deploy a new tariff specification method for concessions offered in India's major ports.
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TT Club demands compulsory dangerous goods training
Specialist transport insurer TT Club has called for mandatory International Maritime Dangerous Goods (IMDG) Code training for shore-side handlers.
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NCSP ties to $73m debt facility
Novorossiysk Commercial Sea Port (NCSP) has signed debt facilities to the tune of $73m with Sberbank, the Savings Bank of the Russian Federation, to finance the development of new cargo handling facilities.
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Liquid gold for GIP
Private equity firm Global Infrastructure Partners (GIP) has agreed a joint venture with Zeus Infra-management, in a deal that includes a 74% stake in liquid storage specialist East India Petroleum Limited.
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Ports could be hit by end of IBAs
The British government''s surprise decision to phase out Industrial Business Allowances (IBAs) by 2011 could have a significant impact on ports and cargo handlers who have invested in warehousing and storage buildings, accountancy firm Moore Stephens has warned.
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Investment up in Spanish ports
In 2008, total investment in Spanish ports will reach ¢ 19.8bn ($28.1bn), which is ¢ 3bn ($4.3bn) more than in 2007. For its part, the government will invest ¢ 2bn ($2.8bn), an increase of 32% over 2007.
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Guayaquil port authority workforce cut by half
Half of the workforce previously employed by Guayaquil Port Authority no longer provides services for that body following their transfer to outside companies.
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New Chilean dry bulk company
Chilean businessman Leonardo Farkas, owner of the Santa Fé and Santa Barbara mining companies, has put together a company, Puerto Atacama SA, specifically to manage and operate dry bulk terminals. He has also expressed an interest in building a new port in Chile at Huasco.
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Simulation and scheduling tools a must for busy ports
Two maritime software tools - Amatis, used to undertake traffic simulations, and Seaberth, used for both berth scheduling and berth simulation - are being deployed as part of a major new port development in Qatar. Over the next 10-15 years, Ras Laffan Port will be transformed into the biggest liquefied ...
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Congo teams up with Northport
The government of Congo has asked Port Klang stevedore Northport to provide assistance and technical know-how in the development of the new port of Mandingo Kayes, located 40 km from the port of Point-Noire.
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Sydney Third Terminal Operator
Just as all hope seemed lost, Sydney’’s incumbent operators find they may yet be invited to the Botany concession hoedown.
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Sydney Third Terminal SIDEBAR
A "once in a generation" opportunity to widen competition needs to be taken at Sydney''s Port Botany, says one of potential bidders for the new terminal concession.
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Maher gets the Rubb
Maher Terminals'' Port Elizabeth facility is now the proud owner of two Rubb structures for equipment and vehicle repair.