World News – Page 171
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NewsUS omnibus funding will benefit ports
The House and Senate leadership has released the FY 2017 Omnibus Funding Agreement, which includes increased or level funding for the US Army Corps of Engineers (USACE), Transportation Investment Generating Economic Recovery (TIGER), Port Security Grant Program (PSGP) and Diesel Emissions Reduction Act (DERA).
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NewsKiel Ostuferhafen expansion enters fifth phase
State president Torsten Albig has approved €9.9m in funding for the expansion of Kiel’s Ostuferhafen.
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NewsTICTS supports agricultural development project
Tanzania International Container Terminal Services (TICTS) has announced its support for a Tanzania government agricultural mechanisation and development project with a TSh327m (US$146,400) storage waiver for a shipment of unassembled tractors.
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NewsBPA chairman calls for trade facilitation
Trade facilitation, port zones and transport connectivity should be central pillars of the UK government’s post-Brexit trade and transport strategies, said Rodney Lunn, chairman of British Ports Association (BPA).
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ITF offers policy suggestions for Buenos Aires
The International Transport Forum (ITF) has made a number of suggestions for policy in Buenos Aires in its Draft Discussion Paper 2017.
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NewsTerminal Link consortium wins Thessaloniki bid
The Hellenic Republic Asset Development Fund (HRADF) has announced that the highest bidder for the acquisition of a 67% share of Thessaloniki Port Authority is a consortium comprising of Deutsche Invest Equity Partners, Belterra Investments and Terminal Link, with an offer of €232m.
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NewsDrewry: get used to congestion in China
Fast growing inbound trade is just one of the many factors causing port congestion at China’s major ports. Other factors include bad weather, the restructuring of alliance networks, ever-bigger ships and shippers’ eagerness to move cargo ahead of planned rate increases.
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Higher bids for Thessaloniki share
Greece has received higher bids from three investors seeking to buy a 67% majority share in the Port of Thessaloniki.
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Positive take up of ‘green’ discount
Sixty-six ships calling at terminals on the Thames qualified for the UK’s first port charge discount for cleaner ships in the first three months of 2017, including car carriers, container ships and tankers.
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NewsCanal expansion 'fails to meet expectations'
Far fewer ships than expected have made the passage from the expanded Panama Canal to US ports due to “insufficient operational resources” within the Panama Canal, the International Organisation of Masters, Mates and Pilots has claimed.
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NewsOakland up for alliance challenge
A Port of Oakland executive says that newly formed ocean carrier alliances will benefit his port bringing larger vessels and more container moves per vessel increasing the efficiency of operations.
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NewsForth Ports identifies technology opportunities
Operator Forth Ports is harnessing technology to set itself apart from other UK ports.
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NewsAAPA, MARAD complete investment toolkit
The American Association of Port Authorities (AAPA) and the US Department of Transportation’s Maritime Administration (MARAD), together with a host of industry experts, have completed their Port Planning and Investment Toolkit (PPIT) to help ports better compete for funding.
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Chilean ports increase traffic by 4.3%
Chile’s ten publicly-owned ports boosted traffic by 4.3% in 2016.
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NewsArgentina discusses future port development
The Argentinean government has calculated that the Port of Buenos Aires needs investment of $1bn in order to modernise. This would see container capacity raised from 800,000 teu to 1.2m teu.
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Ports Australia appoints new CEO
Former Australian Minister of Police Michael Gallacher has been appointed chief executive of Ports Australia, succeeding David Anderson, who announced his decision to leave the position earlier in the year after serving ten years as chief executive.
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NewsDiscontent continues over DPWA fee hike
DP World Australia’s decision to raise infrastructure fees at Melbourne and Port Botany continues to fuel intense debate in Australia.
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NewsInfrastructure project recognition
ICTSI’s Victoria International Container Terminal (VICT) in Melbourne has been recognised for its smart infrastructure which may just help to ramp up commercial interest in automated terminals.
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NewsUS ports join forces in operations
US federal approval has been given to an innovative agreement that allows the Georgia Ports Authority (GPA) and the Virginia Port Authority (VPA) to information share to help position themselves as the US east coast''s leading container gateways.
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Peel Ports eyes post-Brexit opportunities
Stephen Carr, head of business development at Peel Ports, told Port Strategy that he sees opportunities for European manufacturers to bring stock back to the UK post-Brexit.