World News – Page 167
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Latin American box traffic in decline
The latest port ranking table published by the Economic Commission for Latin America and the Caribbean (CEPAL) shows that container traffic in 2016 dropped by 0.9%, reinforcing the overall negative trend in recent years.
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Further Panama Canal extension mooted
If demand warrants it, the Panama Canal could be further extended before 2025, according to Canal administrator, Jorge Quijano.
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      NewsBrazil announces new infrastructure investment plan
The Brazilian government is putting together a new infrastructure investment plan – Advance – to replace the Accelerated Growth Programme, first introduced in 2007. This latest initiative has been motivated by the 1% growth in GDP recorded in the first quarter of this year.
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Outeiro construction mothballed
All work has ceased on the construction of Terminal Portuário de Outeiro, in the city of Belém, in the Brazilian state of Pará.
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Owners and unions at loggerheads in Spain
The general assembly of the Spanish owners’ association Anesco has voted against accepting a pre-agreement reached with stevedoring unions, claiming it is anti-competitive and in breach of proposed new government legislation, which the unions oppose.
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Philippines Coast Guard to take over port security
The Philippines government has ordered the Philippine Coast Guard (PCG) to take over security of all the country’s ports and waterways.
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      NewsMEA key to Hutchison Ports’ growth strategy
Hutchison Ports’ managing director for the Middle East and Africa region has spoken out about the importance of the Chinese governmental initiative One Belt, One Road to the company’s growth strategy.
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      NewsEurope's dockers set July strike dates
The International Dockworkers Council (IDC) has announced plans to hold a Europe-wide strike in solidarity with Spanish dockers’ protests against liberalising reforms to Spain’s dock labour system.
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      NewsKalmar to provide 16 hybrid shuttle carriers to US port
Kalmar, part of Finland-headquartered Cargotec, has finalised a deal with The Port of Virginia for sixteen hybrid shuttle carriers designed to reduce fuel consumption, emissions and engine noise.
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      NewsMoody's rewards Oakland's "significant improvements"
Moody’s Investors Service has upgraded Port of Oakland bond ratings and assigned ratings on an upcoming series of refunding revenue bonds after the port has made “significant improvements”.
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      NewsCosco confirms Noatum buy-in
Cosco Shipping Ports Ltd has confirmed its buy-in of 51% of Noatum Ports terminals including Valencia and Bilbao, as well as the dry ports of Madrid and Zaragoza.
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      NewsSpeculation over Adani bid for Pipavav
Gautam Adani’s Adani Ports and Special Economic Zone Ltd (APSEZ) is looking to acquire a 43.01% stake in Gujarat Pipavav Port Ltd (GPPL) from APM Terminals, India-based news website Livemint has reported.
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      News"No confidence" in APM Terminals Gothenburg, says SDU
An 18-month contract dispute between APM Terminals Gothenburg and the Swedish Dockworkers Union (SDU) is unlikely to be resolved soon, the SDU has said.
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Argentina earmarks $118m for BA port improvements
Argentina’s central government and the regional administration in Buenos Aires are to invest $118m in ports in the Buenos Aires metropolitan region to boost their competitiveness.
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      NewsQatar ports feel strain of political boycott
Container trade in Qatar faces a substantial fallout from continued economic blockades imposed by the United Arab Emirates (UAE) and other Gulf Arab states, port experts have said.
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      NewsUK ports address terror threat
In the wake of the recent terror attacks which have taken place in the UK, British ports need to remain vigilant.
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      NewsAntwerp cements China ties
Port of Antwerp has signed a collaboration agreement with the port of Caofeidian which forms part of the Chinese “One Belt One Road” project.
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Sihanoukville readies for listing
Sihanoukville port is to list on the Cambodian stock exchange tomorrow, officials with the IPO’s underwriter told Port Strategy.
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      NewsFEPORT: Strategic approach needed for ports
Ports are key assets which require a more strategic approach from the European Commission over the next three years.
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      NewsRotterdam looks to wind market
The Port of Rotterdam is banking on the renewables market by creating a new space for an offshore centre for wind energy at sea and the decommissioning of oil and gas platforms.