World News – Page 130
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Eritrea considers new Red Sea port
Plans to construct a port on Eritrea’s Red Sea coastline indicate Eritrea’s re-emergence as a possible investor destination following the end of two decades of political tensions between the nation and Ethiopia.
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Rotterdam ready to work with Pecém
The Port of Rotterdam Authority has received the green light from the Netherlands’ Ministry of Finance and the municipality of Rotterdam for work with Brazil’s Port of Pecém.
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Newcastle responds to unsought terminal bids
Australia''s Port of Newcastle has responded to receiving unsolicited bids to develop a container terminal at the port by encouraging more bids from other prospective investors.
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New Zealand ports return half year profits
Port of Tauranga has returned a comparable 13% increase in net after-tax profit to NZ$94.3m and 10.9% rise in revenue to NZ$283.7m in the 2017–2018 financial year.
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Concerns over Kiwi port surveying
Safety and economic impact concerns have been raised over the lack of standardisation of hydrography surveying practice within New Zealand’s port sector.
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Tasmania's multi-million port plan
A $144m set of investment plans for port infrastructure has been unveiled for ports in Tasmania to futureproof the Australian state for the next 15 years.
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DP World defends charges
DP World has defended its controversial terminal infrastructure access charges, saying they are essential to keep the entire supply chain competitive.
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Manila called to account for cargo delays
The Port of Manila has been called to account for slow movement and long delays in releasing cargo which is apparently causing the economy billions of lost pesos each day.
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Felixstowe stable but backlog remains
The Port of Felixstowe''s Trinity Quay remains congested with a backlog of cargo built up in August, following problems with the port''s terminal operating system (TOS).
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Third privatisation phase for 10 Greek ports
Greek assets body the Hellenic Republic Asset Development Fund plans to launch the third privatisation phase of 10 ports across Greece in autumn, with priority on four in Northern Greece, three in Attica as well as ports in Patra, Volos and Heraklio.
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Halifax reveals mega capacity expansion plans
The Halifax Port Authority has revealed a plan to expand its South End container terminal to accommodate more mega ships and remain competitive as ships get bigger.
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Newcastle looks beyond bulk horizon
The world”s foremost coal export port is targeting business diversification initiatives, but its plans are being stymied, writes Iain MacIntyre.
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Spaced out on Brexit plans
With the growing expectance of a ‘no deal’ Brexit, ports now need to weigh preparations against commercial practicalities, explains Stevie Knight.
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Tariff setting out, foreign investment in
With the Tariff Authority For Major Ports'' (TAMP) days numbered, terminals investors are rekindling their interest in India and getting ready to commit cash, finds Michael Mackay.
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New thinking on deep US digs
Some of the dredging problems plaguing US ports are being sorted out, but the issue of protectionism could hamper a turnaround, reports Martin Rushmere.
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Not-so-temporary shift to the Baltic
Political repercussions have been echoing around the Baltic long enough to result in real, structural changes to cargo flows and quays, explains Stevie Knight.
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Set on the right path
Legal expert Rachid Bouda explains why Ukraine is emerging as a "hidden gem" for international port investors.
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Confidence rising in Pakistan terminals
Budding relations with China coupled with initiatives for infrastructure improvements are boosting Karachi’s prospects. Michael Mackay reports.
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Solution to Buenos Aires concerns?
Following a referral to Argentina’s competition authority, Comisión Nacional de Defensa de la Competencia (CNDC), for “conduct and restrictive acts of competition in the Port of Buenos Aires”, where Maersk, Hamburg Süd and APM Terminals effectively dominate container trade, local online press resource iProfesional has reported that Maersk has put ...
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Manaus terminal operators in legal dispute
The four-year legal dispute between Super Terminais and Porto Chibatão in Manaus in Brazil shows no sign of being resolved.