Latest News – Page 894
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Legal problems stall Vizhihjam box terminal project
Developer Lanco Kondapally Power Limited has withdrawn from the project to build the proposed Vizhinjam container terminal.
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Technological breakthrough for Centreport
CentrePort Wellington chief executive Blair O''Keeffe believes the deployment of voice direction technology on his port''s six new diesel-electric straddle carriers may be a world-first in the ports industry. Mr O''Keeffe expects the newly-equipped straddles will also provide a productivity boost.
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A local change for efficiency
With the support of Transnet Port Terminals (TPT), a local South African manufacturer has designed a trailer that will make it safer and easier to move containers from ship to shore.
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NZ snippets Aug-Sep
Ports of Auckland managing director Jens Madsen believes there is a "special opportunity" for Auckland to develop a world-class waterfront that balances both public and port interests.
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ICTSI doubling Suape capacity
ICTSI is investing $45m as a means of duplicating capacity at its box terminal in the port of Suape in the Brazilian state of Ipojuca by 2011. Recently, the stacking area has been increased by 7 hectares to 30 hectares.
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Ecuador studies HPH Manta severance compensation
The government in Ecuador is considering two alternatives to receive compensation from Hutchison Port Holdings after it cancelled its agreement to build an international hub at the port of Manta. It could either take ownership of the deposit left by the company or accept new severance proposals put forward by ...
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A fine mess
The news that France and Germany are ''officially'' out of recession should be music to the ears of box terminal operators. A growth in gross domestic product - albeit a subdued 0.3% one - in both countries in the second quarter should herald the start of the uptick, bringing with ...
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Port protection
Felicity Landon reports on the drive to find the best container scanning solutions
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Kiel's breakbulk slowing its slide
The Port of Kiel handled 2.36m tonnes of cargo in the first half of this year, 5% less than in the same period of 2008. Above-average decline was recorded in the breakbulk sector, which was comparatively hard hit by the current economic crisis.
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Iraq improves Umm-Qasr
Iraq''s Transport Ministry has revealed that Iraqi Ports Company has signed a $12.6m contract with local company to expand Umm-Qasr port near Basra. Work will be completed within 210 days.
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Port Qasim taking major private investment
Up to $1.22bn of foreign investment is expected to be made in the various development projects put forward by Port Qasim Authority covering the next five years.
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Money matters
The ports sector has over the past few years been the scene of some significant innovation regarding the deployment of finance for acquisitions, capital expenditure and even debt finance.
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PPA expanding with French cash
Philippines Port Authority (PPA) is to receive a loan of ¢ 170m ($239m) from the French government by the end of August. This will help fund six new port projects. Originally, finance was to have come from Spain, although a deal with the Spanish government eventually fell through.
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Government funding now the norm
Worldwide, the role of government is increasing. In the US, discussions of infrastructure funding are dominated by conversations about the American Recovery and Reinvestment Act ("ARRA", or "The Stimulus Bill") of 2009.
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Antwerp responds to Dutch delay
Dutch authorities have again put back the programme of works on the 12 shallow points in the Western Scheldt by suspending the routing decree and one of the implementation permits for deepening the navigation channel.
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e-learning for dangerous goods code
Exis Technologies has kicked off a UK port tour to raise awareness of new International Maritime Dangerous Goods (IMDG) Code requirements.
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City trucks get green boost
A clean air strategy in the ports of New York and New Jersey is being helped by an influx of environmental grants, worth over $30m, that will help to replace pre-1994 trucks serving the port.
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The US perspective
The view on the US markets comes from Joe Seliga, a Chicago-based Partner at law giant Mayer Brown, representing CenterPoint Properties in Virginia.
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Long service honoured at Tyne
Thirteen port employees took part in an evening of celebrations at the Port of Tyne headquarters, UK, to honour their combined 360 years of service.