Latest News – Page 1046
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Re-financing a winner for Tacoma
The Port of Tacoma has saved $5.3m by re-financing long-term debt at more competitive interest rates.
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Mexican ports lose out on empties
Mexican ports handle 370,000 empty containers each year, which causes losses of around $200m, according to estimates.
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Chile issues ports policy
The Chilean government has released its new national ports'' policy, which emphasises the need to award more terminal concessions as a means of boosting competition.
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Portland and Vancouver trade volume to double
A study undertaken by the Port of Portland Commission has forecast a doubling of trade volume in the Portland/Vancouver region by 2035. The study highlights the need to plan and invest to increase the capacity of trade and transportation support while reducing the negative impacts on the region''s liveability.
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CORMAGDALENA RIVER UPGRADE
Colombia has invested ¢ 350,000 in upgrading the navigability of the Cormagdalena River, which gives access to the port of Barranquilla. It has also improved safety at existing ports along the river and added flood protection.
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LONG BEACH UPGRADES CRANES
Long Beach Container Terminal has awarded Vycon with an order for green energy storage systems for six of its rubber-tyred gantries.
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Manta concession worries regional rivals
The awarding of a concession to Terminales Internacionales del Ecuador (Tide) to operate the Ecuadorian port of Manta has worried operators and ports in neighbouring Colombia and Peru.
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The right connections
The port-ship communications interface needs to be seamless to combat rising congestion and improve operations. Stuart Butts explains
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New year,new strategy
Get ready to meet a new strategic priority in 2007 by following these eight steps: 1) Define the vision.Check with your IT Department if your port already has in place data transformation and repurposing technology.
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Coals from Newcastle
Australia is taking advantage of the dry bulk boom to push through port developments as David MacIntyre finds out
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Conveying the load
Moving coal from A to B is simply not enough. Today''s coal handling systems need to offer more, as Iain MacIntyre explains
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Zeebrugge lures the big boys
Samskip and terminal operator PSA HNN have announced that they are to cooperate in the development of the Port of Zeebrugge as an important hub for shortsea container activities in Northern Europe.
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Europe's port powerhouse
As Antwerp looks to cash in on a regional capacity deficit, Rotterdam gets the all-important go-ahead for its long term expansion
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A hive of Activity
Across the Port of Rotterdam there are nearly 50 major development projects either under way or close to starting, including two liquefied natural gas (LNG) terminals, four electricity plants and eight new terminals for a variety of commodities.
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Maasvlakte 2 in figures
Maasvlakte 2, Rotterdam''s new port and industrial zone, is to be built right on the North Sea.Development is expected to take place over the next 20 to 30 years. The development will add 20% to the present port and industrial area, measured in hectares, and treble the port''s container handling ...
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A question of classification
Crane classification is increasingly important in the market, but what does it mean? A crane must be a high-performance machine,with high lifting capacities, but what use is a powerful crane if it ends up on the scrap heap after a few years?
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Upwardly Mobile
Globalisation, privatisation, competition and cost pressures are driving changes in the cargo handling business and in the design and construction of mobile harbour cranes, as David Foxwell finds out
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New life for old cranes
Many ports and terminals continue to use cranes that are 15-20 or more years old,but once a crane reaches that sort of age inevitably electrical components begin to become unreliable, breakdowns can occur, and there can be an adverse effect on safety. As Portek, the Singapore-based company that specialises in ...
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Under the Spotlight
There have been some amazing numbers achieved recently regarding port business sales, but perhaps even more amazing when you dig into this is that the high numbers are not seen by the purchasers as obstacles.
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Boom time for banks
The recent brilliant spotlight shining on the international ports business from an investment standpoint has turned the sector into a very attractive one from the standpoint of debt provision by the international banking sector. There is no doubt that attracting the interest of banks from this perspective is much easier ...