World News – Page 111
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NewsQTerminals reaches new container and cargo handling milestones in record time
Over two million containers and five million tonnes of cargo handled
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NewsTougher economic climate for Oz stevedores
All Australian stevedores felt the pinch of a tougher economic climate last year, with profitability falling sharply during 2017–18.
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NewsProfit boost for Ports of Auckland
Ports of Auckland has returned a comparable 8% increase in underlying profit after tax to NZ$59.2m and 9% rise in revenue to NZ$243.2m for the 2017-2018 financial year — albeit, incurring NZ$17.6m in items related to asset-valuation changes and impairments.
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NewsAuckland box depots’ space shortage
A serious container depot space shortage has developed in Auckland driven by a larger-than-expected build-up of import boxes leading into the festive season, constraints on normal export and domestic flows from Auckland and progressive reduction in depot operators.
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NewsProperty settlement at CentrePort
CentrePort Wellington has reached a NZ$170m settlement with insurers in relation to commercial properties damaged during the 2016 Kaikoura earthquake.
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Iran to sue US over “cruel” sanctions
Iran will bring a lawsuit against the US at the International Maritime Organization (IMO) following “cruel” sanctions and restrictions on its vessels which could see them prevented from entering ports.
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Los Angeles data monopoly fears raised
Fears of a lack of transparency and possible creation of a data monopoly at Los Angeles have raised questions about the port’s Port Optimizer project.
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Corruption investigation at Manzanillo
Officials of first-level ports of Mexico''s Secretariat of Communications and Transportation (SCT) are investigating alleged practices of corruption, administrative failures and usurpation of functions at Mexico’s Administración Portuaria Integral de Manzanillo (API Manzanillo).
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US sanctions exceptions for Chabahar
US Secretary of State Mike Pompeo has granted an exception to US sanctions that will allow India to develop Iran’s Chabahar Port.
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Shipping alliances impact La Plata box traffic
José María Dodds, president of the management consortium of the Argentinian Port of La Plata, has suggested that more powerful shipping alliances may be a factor in preventing a major shift of box traffic away from the port of Buenos Aires in favour of La Plata, where the International Container ...
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Hamburg Süd lists Argentinian ports shortcomings
Congested roads, infrastructure deficiencies, poor rail transport, legal problems and high tax pressure are all shortcomings identified by Alejandro López, the intermodal logistics manager of the Hamburg Süd shipping line, in Argentina that prevent the company from operating efficiently there.
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Santos management team under investigation
José Alex Botelho Oliva, the president of the Port of Santos, and six other port executives were recently arrested for alleged fraud linked to port tenders.
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Medieval union working practices at Leixões
Jaime Vieira dos Santos, president of Leixões port community Comunidade Portuária de Leixões, has publicly criticised the way the SEAL trade union has undertaken its recent struggles with port management.
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News€111m EU funding for Naples
The Port of Naples will receive EUR111m European Commission funding to improve its infrastructure, operational efficiency and environmental footprint.
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NewsPuerto Quetzal joins YILPORT portfolio
Turkey’s YILPORT Holding has announced that Puerto Quetzal is now a member of its terminal portfolio after it was awarded the right to multipurpose quay operations in the terminal.
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NewsDavao port development still under discussion
Development of a port in Davao City in the Philippines has been discussed in light of Chinese Foreign Minister Wang Yi’s visit to the city in late October.
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China pledges reduced tariff barriers
Chinese President Xi Jinping has said that China will facilitate increased imports and take steps to lower tariffs to help promote trade and investment in a move that is set to benefit ports globally.
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ACCC blasts Melbourne stevedores
The Australian Competition and Consumer Commission (ACCC) has slammed stevedores charging truck and train firms unreasonably high fees for containers’ collection or delivery at the Port of Melbourne.
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Doubts surface on Chicago privatisation
Operator Illinois International Port District is reconsidering whether the Port of Chicago should be privatised, district executive director Clayton Harris III has said.
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NewsLong Beach cargo technology helps efficiency
A pilot technology project to improve cargo flow at the Port of Long Beach has improved visibility of incoming cargo, with at least 14 days faster access to information resulting in increased throughput, with more productive turns and quicker turn times.
