World News – Page 117
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NewsPort of Tauranga’s investment strategy pays off
Dave MacIntyre discusses how a focus on risk-management has paid dividends.
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NewsA year to forget for Santos
Alex Hughes explains why 2018 will be one that Latin America’s largest port will not want to remember
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NewsPulling New Zealand’s port family together
Dave MacIntyre examines how a government review might bring the country’s ports closer.
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NewsChancay fits China investment strategy
COSCO SHIPPING Ports’ 60% acquisition of Chancay Terminal in Peru, South America is a natural move in line with China’s economic strategy, a ports expert has said.
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NewsAmsterdam toughens up cyber response
The Port of Amsterdam has launched a cyber security programme to help protect itself from cyber-attacks and increase its ability to deal with digital threats.
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NewsRotterdam warns of website copycat fraud
The Port of Rotterdam has warned customers and maritime stakeholders to be alert to fake copies of its website set up to trick users into disclosing confidential information or paying fraudulent invoices.
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NewsUK port targets set in ‘Maritime 2050’ report
The UK government has confirmed that smart port developments are a key part of future maritime strategy and will be led by industry with government support.
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Abu Dhabi fund to bankroll Brazilian port
The Abu Dhabi Fund for Development (ADFD) is to fund construction of the São Mateus private port project, located in the north of the state of Espírito Santo in Brazil. In total, the ADFD will make available $2.55bn of the $3bn total cost.
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Expressions of interest for new Uruguay port
The National Ports Administration of Uruguay (ANP) has invited “expressions of interest" for a project to build and operate Punta Sayago Logistics Port. Interested parties can lodge their interest from March 1, 2019 to June 30, 2019.
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Valparaíso reels from strike blows
2018 was not a good year for container traffic at the Chilean Port of Valparaíso, which registered a 15.9% drop in throughput. For the year, traffic amounted to 903,313 teu.
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NewsCOSCO moves in on South American port
COSCO SHIPPING Ports Limited will establish its first greenfield subsidiary in South America by acquiring 60% stake in Terminales Portuarios Chancay S.A. (Chancay Terminal) from Volcan Compañía Minera S.A.A. for US$225m, with an initial payment of US$56m.
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NewsSwedish ports crippled by strikes
Sweden’s ports are continuing to face the fallout from a dispute over a collective bargaining agreement (CBA) led by the Swedish Harbour Workers’ Union (SHWU), as the organisation’s workers take part in strikes across multiple ports in the country.
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NewsSupport for billion-dollar Libyan port
Libya’s government authorities in the East and West have formally agreed to jointly support the billion-dollar development of what is expected to become one of North Africa’s most highly-automated and largest deep-sea ports near the city of Susah in Libya.
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NewsPorts handcuffed on planning for Brexit
Uncertainty over Brexit arrangements has made it difficult for ports to commit to investments that may help them prepare for changes, the British Ports Association (BPA) has said following the publication of a survey that found little or no planning has been done.
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NewsDP World attacks “predatory” Chinese firms
Chinese companies are engaging in “predatory” behaviour by seizing assets of countries that default on loan agreements, the chairman of DP World has said.
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NewsUS ports feel pain of government shutdown
US ports are suffering delays to development projects in addition to the threat of loss of business as a result of the partial government shutdown, an American Association of Port Authorities (AAPA) conference call has revealed.
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NewsChina Merchants eyes three-port growth plan
China Merchants Group has issued RMB10bn ($1.47bn) worth of bonds to fund the development of the ports under Liaoning Port Group in China.
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NewsTerminal operators under fire at Indian port
The Competition Commission of India (CCI) has ordered Maersk and DP World to withdraw customer advisories which it says could hamper growth at Jawaharlal Nehru Port Trust.
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NewsRobust US container trade faces uncertainty
Record high levels of inbound laden containers were experienced on both US coasts in October, but BIMCO has warned uncertainty lies ahead due to US-China trade relations.
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NewsChina funding puts ports at risk
Kenya could lose the Port of Mombasa to the Chinese government if the government-owned Kenya Railways Corporation (KRC) defaults on a substantial payment owned to Exim Bank of China.
