Latest News – Page 488
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Malaysia’s Kudat to benefit from funding
Sabah Ports Authority has allocated RM6m ($1.47m) to upgrade Kudat Port’s facilities, Bernama, Malaysia’s national news agency has reported.
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Kalmar wins order from Abu Dhabi Terminals
Kalmar, part of Cargotec, will deliver 14 new Kalmar T2 terminal tractors to Abu Dhabi Terminals’ Khalifa Port Container Terminal (KPCT) later this year.
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PTP ready to invest RM8.6bn
Malaysia’s biggest single port operator, Port of Tanjung Pelepas (PTP), is ready to invest more than RM8.6bn ($2.1bn) under a plan to increase the port’s capacity.
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Boxreload Exchange offers new opportunities
Hutchison Ports is expected to launch a new feature on its Boxreload cloud-based system to allow road hauliers and third parties to combine resources to offer more effective haulage solutions.
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Sapangar to benefit from extra funds
Malaysia’s government has increase the funding for development of Sapangar Bay Container Port, in Sabah Province.
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Invasive species control award
Canadian company Trojan Marinex has been named the winner of the 2016 Outstanding Private Sector Achievement award from the Reduce Risks from Invasive Species Coalition (RRISC).
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Electric & Hybrid Marine Awards winners announced
The winners of the third annual Electric & Hybrid Marine Awards were announced on 23 June at a ceremony hosted at Electric & Hybrid Marine World Expo in Amsterdam in the Netherlands.
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North UK ports broker collaboration pact
In the wake of Brexit, major ports across the north of the UK have agreed to unprecedented collaboration to ensure their unified voice is heard by government.
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Kalmar secures two new orders
Cargo handling giant Kalmar has won two significant orders, one to supply straddle carriers to the Port of Tauranga in New Zealand, and a second, breakthrough, order for automatic guided vehicles (AGV) for PSA Singapore.
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ICHCA urgent warning on VGM ‘grace period’
ICHCA has released an information paper on the impending VGM regulations to clarify the "mistaken belief" that the SOLAS amendment itself has been deferred for three months until October 1, 2016.
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Peel Ports partners with MSC
Mediterranean Shipping Company (MSC) has committed vessel support to Peel Ports to help make marine trials at Liverpool2 a success.
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ESPO roadmap to cut 'red tape'
The European Sea Ports Organisation (ESPO) and its members have developed a roadmap defining ambitious but realistic steps towards simplifying administration and facilitating trade.
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PSA International launches ‘Living Lab’
PSA International, together with the Economic Development Board (EDB) and the Maritime and Port Authority of Singapore (MPA), has launched the PSA Living Lab, a living laboratory in Singapore for the port and logistics industry.
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Investors shy away from Brazil investment
Political instability, difficulties in securing finance and legal uncertainty resulting from changes to regulatory frameworks have combined to deter potential foreign investors to Brazilian infrastructure projects, according to Fernando Marcondes, partner at L.O. Baptist-SVMFA.
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Finance informs Yildirim acquisition and growth strategy
Savvy crafting of financial structures is a critical pillar of Yilport’s plans to be become a top ten global port operator by 2025.
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Tideworks finalises big data tool for terminals
Tideworks Technology is finalising a new data warehousing and analytics offering, combining real time terminal data and analytics with a choice of user interfaces.
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DP World lists $1.2bn Sukuk
DP World group chairman and chief executive Sultan Ahmed Bin Sulayem rang the market-opening bell on June 27, to celebrate the listing of $1.2bn Sukuk on Nasdaq Dubai.
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Expanded Panama Canal open for business
The first commercial transit of a neo-panamax vessel through the expanded Panama Canal took place on June 26, ushering in a new era of global trade.
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‘Cool heads’ needed in response to UK ‘out’ vote
As the United Kingdom voted in favour to leave the European Union, the whole country is left in uncertainty, including the UK shipping industry.
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Rotterdam streamlines inter-terminal moves
APM Terminals, ECT and RWG have made an agreement with the Dutch Tax and Customers Administration to end the requirement of physical customs documents in order to transfer containers from one Maasvlakte terminal to the other.