Latest News – Page 916
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NYK pulls out of Tacoma terminal agreement
The Japanese terminal group Nippon Yusen Kaisha (NYK) has cancelled plans to build a dedicated container terminal at the US port of Tacoma, which would have required investment of $300m.
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Santos needs $5bn investment
The port of Santos needs investment of $5bn to prevent capacity restraints stifling economic growth, a recent study has concluded.
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Antwerp applauds invoking of deepening treaty
The Dutch government has implemented a treaty on deepening the Scheldt estuary, a move supported by Antwerp Port Authority.
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Box terminal projections face heavy scrutiny
The ''build it and they will come'' attitude for container terminals is out, according to Romain Py, senior partner, JP Morgan Asset Management-Infrastructure Investments.
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Banks open for limited port business
Banks offering finance to ports are "open for business", according to DnB NOR Bank, but "opening hours are limited".
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UK government urged to act now to protect port assets
UK port executives have urged the government to start supporting the port industry, or risk losing out on business to mainland Europe.
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Ngqura unloads its first ship
The new deepwater Port of Ngqura, South Africa, has welcomed its first commercial containership - the MSC Catania.
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Are we in danger of a double dip recession?
A recent US survey of eminent economists resulted in 80% of those surveyed believing that the recession was over. Yet we continue to hear warnings about the continuation of the recession with fears of a "W" double dip recession and the next negative phase of the financial crisis resulting from ...
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Yangshan now biggest port in the world
China claims that the new Shanghai Yangshan port that entered operations this autumn is the world''s largest in terms of container handling. Construction began in 2002 and culminated in the building of 16 berths along 5.6 km of coast. Capacity will be in the region of 10m teu.
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Gulftainer invests in the future
United Arab Emirates-based Gulftainer is optimistic that throughput at its Sharjah Container Terminal "may show some growth" this year in defiance of the global downturn.
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PS PAGE COPY
The Black Sea, the so-called ''inland sea'' bordered by Europe, Anatolia and the Caucasus, is one of the areas of the world most negatively impacted by the recent economic downturn. But longer term this is a region that offers significant potential for container shipping and terminal operations.
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KBSP: all part of the Master Plan
The opening of the Bahrain Gateway is not to the detriment of Mina Salman, as Patrik Wheater finds out
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Port of Gijon wins first ESPO award
European Commission Vice-President Antonio Tajani handed out the first Gijón. The Award, a wooden work of art designed by the Belgian artist Francois Schuiten, was given during a festive ceremony held at the Brussels Town Hall yesterday evening.
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AAPA Annual Awards Program
28 October...The seventh annual facilities engineering awards - a salute to exemplary port programs and best practices – took place during the 98th AAPA Convention in Galveston.
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Danes asked to fund Vietnamese ports
The Vietnamese prime minister on a visit to Denmark asked the Danish Premier for financial aid to develop seaports. This follows the inauguration of a new Maersk service linking Vietnam to US Pacific ports.
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Throughput boost for Syria's TICT
Syria''s Tartous International Container Terminal (TICT) recorded a 44% increase in container throughput during the first six months of the year over the same period in 2008 and is gearing up for a further increase in volume and vessel calls over the coming months, according to Romeo Salvador, TICT general ...
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Cargill terminal tender issued
The Dockworkers Company of the State of Sã o Paulo (Codesp) has issued a tender for the bulk solids terminal formally managed by Cargill, whose own contract expired in 2005, but was temporarily extended for four years. A new award is expected to be made by early November at the ...
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3i eyes third port project in India
The London-based private-equity investor, 3i Group Plc, which has amassed a $1.2bn infrastructure fund for India, has announced it is seeking a third investment opportunity in the country.