Latest News – Page 348
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NewsCMPort remains cautious of trade war
China Merchants Port Holdings Company Limited’s (CMPort) 2018 net profit rose 20.2% to HK$7,245m due to the disposal of Shenzhen Chiwan Wharf Holdings Limited, but its recurrent net profit decreased and the company remain cautious in the face of US-China “trade frictions”.
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NewsCall for Tema Port expansion probe
The Tema West Constituency chairman of Ghana’s governing New Patriotic Party (NPP) has said that negotiations on the contract for APMT’s $1.5bn Tema Port expansion project were not properly carried out and that the deal is financially questionable.
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NewsEco machines for Australian terminal operator
Kalmar will supply 12 diesel-electric straddle carriers to Australian container terminal operator Patrick Terminals to help reduce the environmental impact of emissions at terminals in Brisbane, Sydney and Melbourne.
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NewsBrownsville LNG terminal to supply Shell
NextDecade has announced a 20-year sale and purchase agreement with Shell NA LNG LLC for the supply of 2m tonnes per annum (MTPA) of LNG from its planned Rio Grande LNG export terminal at the Port of Brownsville in Texas.
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NewsTerminal alliance challenges persist
Terminal alliances may be set for a rise but they are slow to gain traction and face numerous challenges, Drewry has warned.
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NewsEPA grant for New Orleans retrofit
The US Environmental Protection Agency (EPA) has awarded a National Clean Diesel Funding grant to the Port of New Orleans (Port NOLA) and project partner, the New Orleans Public Belt Railroad (NOPB) to help retrofit the engine of a conventional diesel locomotive for a low-emission output beyond current requirements.
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NewsMajor port operator battles “headwinds”
The outgoing group chairman of PSA International has described 2018 as “beset by … headwinds” in a year which saw annual net profit down 2.3%.
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NewsPosorja project under fire
COMMENT: Following a Complaint filed by Dr Carlos Figueroa, a well-known political activist and medical doctor in Ecuador, the country’s Attorney General has initiated an investigation into the award of the 50-year concession for the Port of Posorja to DP World, the international terminal operator.
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NewsMedcenter Container Terminal sale agreed
Contship Italia and Terminal Investment Limited (TIL) subsidiary Itaterminaux have executed a share purchase agreement for the sale of 50% of CSM Italia Gate, the company which owns 100% of Medcenter Container Terminal (MCT) in Italy.
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NewsWater quality monitoring for dredging project
Real-time monitoring of water quality will be used to help protect the environment during essential maintenance dredging at the Port of Hay Point in Queensland, Australia.
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NewsDebt and service losses force terminal closures
Grupo Libra will close its Libra Terminais operation at the Port of Santos after CMA CGM switched three services to other terminals and the terminal operator feels the strain of its struggle with debt.
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NewsRail freight app improves efficiency
Port of Rotterdam Authority has launched an application offering real-time insight into rail freight flows to improve planning efficiency for operations and anticipate schedule deviations more effectively.
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NewsPorts countdown to IMO 2020
COMMENT: As this is being written, there are roughly 270 days until IMO 2020 — the day that tighter restrictions on sulphur content in marine fuels come into effect, writes Barry Parker
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NewsBridging the cyber-physical gap
INFORM’s Dr Eva Savelsberg, Ulrich Dorndorf and Matthew Wittemeier discuss how hybrid AI is transforming port operations
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NewsCagliari set for alternative energy role
Sardinia is set to become an LNG hub. Massimo Deiana, chairman of the Sardinian Port Authority System, explains what this means for Cagliari and the island’s other cruise ports
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Port Klang welcomes foreign investment
Expansion of Port Klang in Malaysia using foreign and Chinese money is being encouraged, Malaysian Transport Minister Anthony Loke has said.
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NewsMore solar power for Southampton
A GB£12m upgrade to ABP Port of Southampton’s Ocean Cruise Terminal will include 2,000 roof-mounted solar panels to boost its status as the UK’s first carbon neutral cruise terminal and increase its existing solar energy production.
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NewsFrench port deal for Chinese silicon giant
Marseille Fos Port Authority and Quechen Silicon Chemical have signed a construction agreement for the Chinese company’s €105m project to build a plant on a 12-hectare site in the Fos industrial zone, adding to speculation about China’s growing influence in Europe.
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NewsLarge electric vehicle order for PSA
VDL Automated Vehicles will supply at least 80 electric and automated vehicles to port group PSA International to drive down emissions at the new Tuas Terminal.
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NewsAirborne noise notation for ships in ports
Lloyd’s Register (LR) has released what is believed to be an industry first airborne noise emission notation (ABN) and ShipRight procedure to meet increasing demand for a standard and methodology to control airborne noise emissions from ships in ports.
