World News – Page 121
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Croatia-China alliance for port progress
Croatia is set to partner with China to carry out infrastructure projects including ports and railways.
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LA will suffer from Chinese export tariffs
The Port of Los Angeles’ trade will suffer from any export tariffs placed on goods destined for China as it serves a large amount of business bound for the country while the US would struggle to cope against competitors, an economic expert on NPR''s Morning Edition has warned.
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Yilport in running for Taranto tender
Yilport Holding has confirmed it has submitted an offer to the Ionian Sea Port Authority to invest in and manage all cargo operations at the container, bulk and ro-ro terminals of Port of Taranto in south east Italy.
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Coup in Nicaragua damages port revenues
Nicaragua’s Empresa Portuaria Nacional (EPN, or National Port Company) executive president, Virgilio Silva, has said that the government is well aware of the negative impact that the political crisis in the country is having on its maritime ports.
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Basque region introduces ports legislation
In Spain, the Gobierno Vasco (Basque Government) has approved maritime transport and ports legislation that will establish a management model for 15 ports that fall under its competence.
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MEDPorts Association hits ground running
Twenty Mediterranean ports and state port organisations have come together under the MEDPorts Association banner.
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Wilhelmsen to use supply drones in Singapore
Wilhelmsen shipping line has announced that it is to begin using drones during the resupply of its vessels in the Port of Singapore from the third quarter of this year. The project is being undertaken in partnership with Airbus.
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Le Havre commits to major investments
The Conseil de Surveillance (Supervisory Board) of France’s Port of Le Havre has voted unanimously to agree a €500m investment programme, French port alliance HAROPA has said.
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Oakland green-lights big budget
A new $494.2m budget for the fiscal year 2019 is being implemented this week at the US Port of Oakland following the dock’s Board of Commissioners’ approval last week of a spending plan including $34.7m for capital projects.
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Adani ready to sell Abbot Point stake
Investment bank Rothschild has been appointed by Adani to sell a stake in its Port of Abbot Point port operations in Australia''s Queensland.
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Newcastle invests in bulk boom
A new A$33m common-user bulk terminal is to be built at the Australian Port of Newcastle’s Kooragang Island.
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Industrial action averted at Port Nelson
A planned week-long strike of eight tug masters and engineers at New Zealand’s Port Nelson has been averted, with port management and representatives of the Merchant Service Guild (MSG) engaging in further negotiations.
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Port winners of China/US trade spat
An “inevitable” trade war between China and the US will refocus world trade and move shipping towards South and Southeast Asia ports, according to a Drewry official.
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Still room for improvement at Port Klang
Malaysia’s Port Klang needs to improve in an increasingly competitive environment, the 16th ASEAN Ports and Shipping Conference in Johor Bahru was told.
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Californian ports plea for government help
The executive directors of the US ports of Long Beach and Oakland, located in California, have called for continued government support for maritime sector clean air efforts and infrastructure development.
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LA and Long Beach approve clean truck regs
Harbour commissioners for the US ports of Long Beach and Los Angeles have approved measures to ensure that new trucks that are just going into drayage service meet “the cleanest engine standards”.
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Asia’s future energy needs on the agenda at Tank Storage Asia 2018:
Asia’s future energy needs on the agenda at Tank Storage Asia 2018:
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Fake mortgage detained vessel losing millions
A vessel detained at Bulgaria’s Port of Burgas since November over an alleged unpaid mortgage has seen its owner face losses of US$20,000 per day with no end in sight to the legal process.
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New round of port tenders in Brazil
In Brazil, the Agência Nacional de Transportes Aquaviários (“National Waterway Transportation Agency”, or ANTAQ) has announced five new port terminals will be put out to tender in July and September.
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Chilean ports need investment
The Chilean construction association Cámara Chilena de la Construcción has calculated that Chile needs to invest $5.242bn in port infrastructure from 2018 to 2027.