Latest News – Page 1032
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NewsWork starts on West Coast security centre
The Port of Long Beach broke ground on a $20m security command and control centre in April.
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NewsVYCON plumps for Alternative offering
VYCON, the California-based manufacturer of high-cycling energy storage flywheel systems, has made a public offering on the Alternative Investment Market (AIM) of the London Stock Exchange, in a move it says will raise more funds for the continued development of its emission and fuel reduction technology.
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VENEZUELA AND CUBA IN PORT JV
Venezuela''s Ministry of Infrastructure has been instructed to set up a joint company with Cuba, which will be known as Bolivariana de Puertos (BPSA), to modernise, rehabilitate, equip and build ports in both countries. Equity will be divided 51%:49% in favour of Venezuela.
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PANAMA ADDS QUAYS
The government of Panama is to build a series of 12 quays in the province of Colón.
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PORTS AMERICA GOES LIVE
On March 17, DP World completed the sale of its former P& O Ports US assets to the AIG Global Investment Group, which will henceforth market them as Ports America.
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NY/NJ SETS RECORD
Cargo throughput at the Port of New York and New Jersey hit record levels in 2006. The rise has prompted the port authority to commit to a $2bn investment programme over the next 10 years.
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Biometrics question safety at US ports
A Federal programme aimed at improving maritime security in the US may well result in up to one million port personnel having to undergo additional background checks and obtain biometric identification cards.
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NewsICTSI granted Guayaquil concession
ICTSI has been granted a 20-year concession to manage the Ecuadorian port of Guayaquil. Its initial priority will be to reinforce existing quaysides at a cost of around $168m, taking two years to implement. Total investment across the 20 years of the concession will be around $800m.
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US short-sea shipping call
Short-sea shipping is the only answer to the US capacity crunch, according to Charles Raymond, chairman, president and chief executive of Horizon Lines. In his view,rising container imports are placing extreme pressure on an already strained transportation infrastructure.
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NewsFuture-proof
Bremen/Bremerhaven secures feedership role for the future as JadeWeserPort project gets go-ahead. Tom Todd reports
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Changing tide of German opinion
Few now appear to doubt the future strategic importance of what will be Germany’ s only deep-water container terminal: the idea, once scoffed at, appears to have literally grown on Germans.
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Lübeck's share sights
City hopes to boost future port prospects with a majority share sell off to an experienced port operator, as Tom Todd reports
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Sassnitz-Mukran eager to fill unused capacity
Germany’ s easternmost deep-water port,Sassnitz- Mukran, expects planned new rail-ferry links this year with Russia will help solve its problem of unused capacity and hopes more cruiseships will fill the rest.
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NewsDouble-edged strategy
Kiel’ s focus on the two Cs of cruise and cargo should keep it on a steady course, as Tom Todd reports
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Multi-sector plan encourages Rostock cargo growth
Although best known for booming ferry and ro-ro traffic, east Germany’ s biggest port, Rostock, continues to surprise, with eggs in many baskets as part of a strategy of universal, multisector development.
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NewsSteely determination
Ports are a critical hub in the steel industry’ s just-in-time supply chain.Felicity Landon looks at the challenges
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NewsStrengthening systems
Teesport has the luxury of challenging its steel handling methods under a ten-year contract, as Felicity Landon finds out
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NewsFacing the real challenges
Steel handling specialist WE Dowds says unloading vessels and filling up warehouses is “ the relatively straightforward part” . “ The real challenge, and the benchmark we use to gauge how well we are doing, is to deliver the material on time to the right customer,” says chairman Charles Dowds.
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NewsBeat the orderbook blues
In terms of price and lead time, it can often make sense for a terminal operator to buy second-hand, rather than new. Alex Hughes reports
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NewsSecond-hand still a niche market
Liebherr registers five to 10 secondhand deals for mobile harbour cranes each year,compared will sales of around 70 new units. In the reachstacker business, where the company has a more reduced presence, it undertakes annual second-hand deals involving two to four machines. Spokesperson Thomas Bachmann notes that there are a ...
