Latest News – Page 514
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NewsPorts under EC tax scrutiny
The Netherlands has been required to abolish an exemption from corporate tax for six of its ports by the Commission, while Belgium and France have been told to align their taxation of ports with state aid rules.
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NewsMombasa: process versus vested interest?
The completion of the first phase of the second container terminal in Mombasa, a new deep-water facility, is imminent. At the beginning of 2015 there were a lot of statements to the effect that the terminal would be open early for business – some suggested March 2015.
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NewsCosco's Piraeus bid defies market realities
It is no surprise to Port Strategy that there was only one bidder for the Port of Piraeus concession and that in the end, after a request to up its bid, the sole bidder, COSCO, was awarded the whole port concession. However, the price that COSCO was prepared to pay ...
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Whanganui port upgrade commences
A project to upgrade Whanganui’s commercial port with a focus on “keeping windows of opportunity alive” has been initiated by the Whanganui District Council and local Maori.
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Lyttelton recovery plan approved
Lyttelton Port of Christchurch (LPC) has received Government sign-off on its recovery plan, launching the significant repair and rebuild necessary to fully recover from the damage received during the 2010 and 2011 Canterbury earthquakes.
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Auckland reviews challenges
Ports of Auckland (PoAL) acting chairperson Rodger Fisher has predicted the 2015-2016 financial year will deliver a “subdued” result for his firm, particularly in light of softening global dairy prices and a falling New Zealand Dollar.
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Cuba hub mooted at AAPA conference
The lifting of the US embargo on Cuba, unanticipated by many port planners, could alter the map of shipping services around the Caribbean, according to delegates at the American Association of Port Authorities’ Shifting International Trade Routes conference.
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NewsEC announces Antwerp ‘state aid’ investigation
The European Commission has opened an ‘in-depth investigation’ into state aid allegations relating to two container terminal operators in the Port of Antwerp.
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NewsConfusion after MEPs halt progress of ports regulation
Reports of ‘chaos and confusion’ have emerged in Brussels after a crucial vote by MEPs halted the progress of the controversial Port Services Regulation in its tracks.
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NewsAPM Terminals closes Cartagena deal
APM Terminals and Columbian-based port and terminal operating company, Compañia de Puertos Asociados S.A., have finalised the incorporation of Cartagena Container Terminal Operator, or CCTO; a new joint venture, which will manage and operate Compas S.A.’s existing multipurpose facility in Cartagena.
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NewsDP World to invest in Russian infrastructure
DP World and the Russian Direct Investment Fund, or RDIF, have launched a new joint venture company targeting ports, transportation and logistics infrastructure in Russia.
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Online platform showcases Antwerp investment opportunities
Investors looking for available locations in the Port of Antwerp can now view a complete list of real estate on offer in the port area via a unique online platform.
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SOHAR celebrates record throughput
SOHAR Port and Freezone has announced its best throughput figures to date, having handled an average of 1m tons per week in 2015.
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Cavotec and Wärtsilä to develop mooring system
Cavotec Group and Wärtsilä have signed an agreement to jointly develop the world’s first combined induction charging and automatic mooring concept.
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NewsGeorgia Ports Authority celebrates record container volumes
Georgia Ports Authority achieved record container volumes in 2015, with its flagship Port of Savannah moving a record-breaking 3.73m teu, representing an increase of 391,356 teu, or 11.7%, from 2014.
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NewsKonecranes wins large crane order
Konecranes has received an order for two rubber-tyred gantry cranes (RTGs) from Grupo CICE, for its multipurpose terminal in Veracruz, Mexico.
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Volumes rise at German terminals
The EUROGATE Group increased container handling volumes at its German terminals by 1.5% in 2015, reaching 8.2m teu.
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NewsTransitional measures for ship recycling
Shipping companies are being advised to use the newly launched Transitional Measures for Shipowners Selling Ships and Recycling.
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NewsBraving the elements
Extreme winter conditions needn''t bring a port to its knees, explains Alex Hughes
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NewsFinding funding
Financing is not a hurdle to development for most Latin American ports, explains Alex Hughes
