World News – Page 147
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NewsDP World records strong 2017 results
DP World reported total revenue of $4.7bn and total profit of $1.2bn in 2017, marking increases of 13.2% and 7.3% respectively from 2016.
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News$72m in TIGER grants for port-related projects
Just five port-related grants totalling US$72.7m have been awarded in Round 9 of the U.S. Department of Transportation’s Transportation Investment Generating Economic Recovery (TIGER) programme.
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NewsBrief strike respite for Lyttelton
Industrial action planned from March 15-20 has been suspended by the Rail and Maritime Transport Union (RMTU) ahead of further mediation with Lyttelton Port Company (LPC).
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NewsBrexit could cause tailbacks and food shortages
Tens of miles of tailbacks and food shortages in Britain: these are some of the consequences that parties on either side of the English Channel have warned could result from the UK’s departure from the EU.
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NewsDublin prepares for post-Brexit reality
Dublin Port is getting ready for the “inevitability” of border controls following the UK’s departure from the European Union, with Ireland planning to complete construction work on new customs booths and freight inspection points in the city this year.
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NewsCalls for Welsh ports to get free port status
Calls have been made for ports in Wales to be given free port status following the UK’s departure from the European Union.
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NewsPort of Thessaloniki privatisation finalised
The privatisation of one of Greece’s biggest seaports, the Port of Thessaloniki, has been finalised through a €1.1bn deal.
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NewsLowestoft set for £2.5bn offshore windfarm
The UK’s Port of Lowestoft is set to become home to a £2.5bn offshore windfarm.
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NewsOakland five-year plan to benefit community
The Port of Oakland has released a five-year strategic plan to boost jobs and the economy that pairs business expansion with community benefits.
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NewsCanada’s port authorities set for review
The Canadian Minister of Transport, Marc Garneau, has launched a modernisation review of the country’s port authorities “to optimise their role in the transportation system”.
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News£1.7bn of port infrastructure in development
New research shows that UK ports and terminals have an estimated £1.7bn of port infrastructure investment in the development pipeline.
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NewsNew Zealand ports report solid financials
Solid financial performances have been reported by Ports of Auckland (PoAL), Port of Tauranga and Port Taranaki during the six months to December 31, 2017, with CentrePort Wellington continuing its November 2016 earthquake recovery.
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NewsLyttelton parties dig in heels
Members of the Rail and Maritime Transport Union (RMTU) commenced a 12-day strike at Lyttelton Port (or Lyttelton Port of Christchurch) on Monday this week, citing the port company’s unwillingness to offer a 1%-higher pay rate or to pay workers following last week’s late withdrawal of industrial action.
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NewsVICT latest to apply infrastructure surcharge
The Port of Melbourne’s newest stevedore — Victoria International Container Terminal (VICT) — has joined the list of stevedores to apply an infrastructure surcharge.
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NewsBullying investigations underway at WA ports
Allegations of bullying have led into investigations by Western Australian WorkSafe into the Southern Ports Authority, which manages the ports of Albany, Bunbury and Esperance.
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NewsSpanish and Irish ports receive €2.4bn in EU funds
A European Commission report has revealed that the European Union has raised in the region of €2.4bn to finance some 100 port projects in both Spain and Ireland, as well as boosting the maritime economy in more peripheral regions of the trading block.
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NewsPrivate sector cash needed for Valencia expansion
The northern expansion of the Port of Valencia, in Spain, will only go ahead if the private sector can stump up €400m of investment capital, says the port authority Autoridad Portuaria de Valencia (APV), or Valenciaport.
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NewsACP says no concession in progress for Corozal
In response to erroneous local press reports, the Panama Canal Authority (ACP) has issued a press release clarifying that there is no ongoing tender covering the proposed Corozal container port at the Pacific end of the Canal.
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NewsTender issued for Posadas
A new tender has been issued inviting an operator to take over control of the Argentinian Port of Posadas.
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NewsSantos deploys drones during vessel resupply
From this month, all vessel refuelling and resupplying at the Port of Santos will be monitored by drones, a move that the port authority hopes will boost security and identify leaks, which it can then move quickly to rectify.
