World News – Page 114
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NewsChina port operators to feel tariff fallout
The US-China trade war will likely see port handling charges decline, resulting in a reduction of revenue and profit margins for China Merchants Port Holdings, Hutchison Port Holdings and Shanghai International Port, a new report has found.
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NewsUS$225m for US port infrastructure
US$225m will be available for US port infrastructure improvements through the FY 2020 Transportation, Housing and Urban Development (T-HUD) Appropriations bill.
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NewsJapan, India and Sri Lanka to develop Colombo
The governments of Japan, India and Sri Lanka have agreed to jointly develop the Port of Colombo to increase the port''s container volume and enhance marine transportation in and around South Asia.
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NewsSell a career in maritime, not ports
Ports and shipping need to collaborate better to ‘sell’ a career in maritime to an increasingly-disinterested employment pool.
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NewsBenefits outweigh downsides of Brexit
Overwhelming focus on the negative impacts of Brexit on UK and EU ports has eclipsed positive outcomes of the ongoing process of Britain’s departure from the European Union.
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NewsShipping minister: Ports still front and centre
UK shipping minister Nusrat Ghani has responded to criticism of the government’s inability to focus on anything other than Brexit, to the detriment of the sector.
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NewsDock worker killed in LA terminal accident
An industrial incident involving a top loader container handler at a Port of Los Angeles container terminal has resulted in the death of a worker and seriously injured a second worker.
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NewsFitch: US ports shielded from tariff
Increased tariffs on bilateral US-China goods trade may result in decreased traffic at certain US ports, but medium-term revenues of ports will be partly insulated from volume declines by contractual minimums, a new Fitch Ratings report has found.
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NewsPeel reveals Hunterston development options
Hunterston Port and Resource Centre (PARC) could be redeveloped for use as an LNG terminal, combined cycle gas turbine power station or train-manufacturing plant, Peel Ports has revealed.
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NewsRebels withdraw from Yemen ports
Houthi rebels have pulled out of the ports of Hodeidah, Salif and Ras Issa as part of a deal struck between Houthi leaders and the Yemeni Government to enable humanitarian aid into Yemen.
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NewsAAPA urges 'pause' on harmful tariffs
The American Association of Port Authorities (AAPA) has recommended the US Administration rescind a decision to hike tariffs to 25% on about US$200bn in goods exported from China.
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Malaysia reforms to improve competitiveness
Malaysia is planning to abolish some regulations to make its ports more competitive, especially in the transhipment sector, a senior government official has said. Many of the regulations were created to try to curb smuggling, but are now seen as hindering trade.
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Nod for new Yangon container terminal
Adani Yangon International Terminal has received approval to develop a second container terminal in Ahlon in Yangon, according to the Myanmar Investment Commission (MIC).
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NewsPoti faces cargo mobility challenges
The biggest challenge for a new terminal at Georgia’s Port of Poti will be ensuring there are feasible transport routes for delivering goods to key markets including central Asia, a finance expert has said.
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NewsMore Macquarie port assets sold off
DP World has acquired multipurpose marine terminal Fraser Surrey Docks in Vancouver from Macquarie Infrastructure Partners, a fund managed by the Macquarie Infrastructure and Real Assets division of Macquarie Group.
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NewsPort police demise creates crime window
Canadian ports need dedicated police to help tackle crime including the increasing theft of vehicles which are being exported through ports, a new report has found.
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NewsBuenos Aires $760m tender imminent
Argentina’s Ministry of Transport has approved the specifications of an international public tender to operate the renewed Port of Buenos Aires for the next 50 years.
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Ports Australia policy overhaul
Ports Australia has adopted a policy platform focusing on the three main ways ports can help improve Australia’s future: building maritime skills, using Australia’s “blue highway” and “improving lives through connected ports”.
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Auckland container shortage crisis talks
An ongoing empty container shortage plaguing New Zealand''s supply chain has led to a key stakeholder meeting being called to debate the challenges by Ports of Auckland (POAL).
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Tauranga port 'a success', finds Working Group
A 21-page interim progress report has been published by the Working Group undertaking the review of Upper North Island Supply Chain Strategy.
