Latest News – Page 889
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News
Southern NZ merger report commissioned
A report on the consequences of a merger between the South Island's two largest ports is to be delivered by Auckland consultancy Antipodes in October.
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APM plans Santos terminal
APM Terminals is to present a project to Santos Port Authority to operate a container terminal at Prainha in the Guarujá region of the port. It would require investment of $700m and include construction of 700 metres of quay to serve a terminal with a capacity of 1.2m teu.
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VTS for Singapore's strait and narrow
The Maritime and Port Authority of Singapore has chosen Kongsberg Norcontrol as the supplier of its 24 hour Vessel Traffic Information Service (VTIS).
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NewsTransnet pushes ahead with expansion
South Africa''s port regulator is pushing ahead with expansion plans across the board. Stuart Pearcey reports
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Vietnam port loan
Vietnam Oil and Gas has signed a £ 3.7bn loan deal with the Petroleum Technical Services Corporation (PTSC) and the Vietnam Joint Stock Commercial Bank for Industry and Trade to invest in the Hon La Port project. The loan period is ten years.
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NewsTanger-Med II to boost Moroccan boxes
The Oxford Business Group, a London-based think tank, believes that the decision to go ahead with the Tanger-Med II project in Morocco suggests that there is significant potential in the country for future development.
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NewsBBI poised to offload PD Ports for $1
The recapitalisation of Australian port investor Babcock & Brown Infrastructure has taken a massive step forward, with Canadian infrastructure investor Brookfield Asset Management taking a 49.9% stake in the Dalrymple Bay Coal Terminal.
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Cold ironing comes to Vancouver
Vancouver has become the third world port to introduce cold-ironing, which allows berthed vessels to make use of mains power supply when in port.
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Re-sale values don't stack up
Making money out of straddle carriers at the end of their front line working lifeis not a job for the fainthearted.
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Maersk invests in Luanda
Maersk Angola is to invest $95m in the construction of a second line terminal in Luanda as a means of improving the overall port infrastructure. Investment would be carried forward in stages. The need for the terminal has been justified on grounds that it will make operations run smoothly and ...
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NewsNew Yorker OPINION, October '09 issue
There is a fine line between great foresight and lemming-like marches, so which camp do the major container carriers fall into, as they continue to support their orders of dozens of mega-ships, booked at prices of circa $100-$130m each?
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Tianjin posts loss
Tianjin Port Development ended the first half of 2009 with a net loss of $2m. Container traffic handled by the company was down by 6.7% and bulk by 8.4%. Revenue reached $83m compared with $91m the previous year.
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Unique grain unloader for Ukraine.
Telestack has recently been awarded the contract for it describes as an "innovative and unique" grain handling ship-loading project in the Ukraine.
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NewsAuckland Rs
The increased complexity of modern electronics and diagnostic systems, in Iain Robertson''s view, is a good thing.
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PSA issues bonds
PSA International aims to raise $500m through a bond issue, being arranged by JP Morgan, Nomura International and DBS Bank.
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Burgos cuts a fifth of its workforce
The Bulgaria port of Burgas is to make 20% of its workers redundant as a result of the economic crisis. This will mean that 275 employees out of a total of 1,300 will lose their jobs. Older workers and pensioners will be shed first, with others released on a rolling ...
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Victoria unveils state port plans
The Australian state of Victoria has launched a new state port plan which merges the Melbourne and Hastings port authorities and outlines future developments for Hastings and Geelong.
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Talking up Punta Colonet
Despite an effective suspension on the development of the Punta Colonet mega-port project in Mexico since April, the head of the Ministry of Communications and Transport, Juan Molinar Horcasitas, announced in August that the project is still effectively live.
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Mascus marketplace in demand
Electronic equipment marketplace Mascus has breached the 85,000 barrier for the number of pieces of used equipment available around the world, with over 8,000 available in the material handling sector.
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NewsStrads and RS
Go beyond unit price comparisons when sourcing new box positioning equipment, Alex Hughes advises
