World News – Page 172
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NewsPD Ports chief calls for action
The UK’s Northern Powerhouse is at risk of becoming a talking shop amid a slowdown of momentum from Westminster, Frans Calje, chief executive of PD Ports told Port Strategy.
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NewsPeel Ports meets Cargo200 target
Peel Ports has announced that it has met its target of securing 200 advocates for its Cargo200 initiative, which encourages shipping lines to introduce direct deep-sea services to the Port of Liverpool.
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NewsABP invests for growth despite Brexit
British port operator, ABP has invested £50 million to more than double the capacity of its two Humber container terminals in response to continued growth in demand, despite Brexit.
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NewsSri Lanka seeks to reduce China’s stake
Sri Lanka’s government is seeking to reduce China Merchant Port Holdings’ stake in a strategic port project by up to a quarter as part of a renegotiation aimed at addressing public and political opposition to the deal, Reuters has reported.
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Jiangsu to merge port assets
Nanjing Port and Lianyungang Port have announced that they have received a notice from their controlling shareholders regarding the establishment of Jiangsu Port Group.
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NewsUK-wide free trade zone proposed
Forget increasing the number of Free Trade Zones at and around UK ports, real thought should be given to whether Britain could become a nationwide FTZ, a panel discussion at Multimodal heard today.
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NewsSmart thinking
Kerry Dimmer examines the impact of South Africa’s pioneering spirit on the rest of the world
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NewsDiamond in the rough
WSP Parsons Brinckerhoff’s Roy van Eijsden examines the investment potential of a post sanctions Iran
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NewsLess competition, more connectivity
South East Asia’s ports need to look beyond boxes to better serve customers. Mike King reports
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News"Major transformations" for CMPort
For China Merchants Port Holdings Company Limited (CMPort), focusing on homebase port development and overseas expansion helped to bump container throughput up by 14.5% (95.77 million teu) in 2016.
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NewsBrexit priorities for British ports
Following the signature of Article 50 which triggers the UK’s exit from the EU, UK ports are calling for trade facilitation, infrastructure investment and hinterland connectivity to be central pillars of the Brexit agreement.
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Altamira and Manzanillo box terminals to expand
Container terminals in the Mexican ports of Manzanillo and Altamira are taking advantage of new rules governing expansion introduced by the Transport & Communications Ministry and have announced investment of $26.5m.
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CBS welcomes leading port management researcher
Port consultancy specialist and Port Strategy columnist Peter de Langen has joined Copenhagen Business School (CBS) as a visiting professor.
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NewsSpanish ports chaos with on/off strike threats
Strikes in Spain have been halted after a controversial government decree to ‘liberalise’ port labour was opposed by the opposition.
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NewsThessaloniki attracts four international suitors
The deadline for bids for the 67% stake in Thessaloniki Port Authority is up this week and apparently there are four international offers on the table.
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NewsDP World enjoys 29.9% profit growth
DP World announced throughput growth of 3.2% and profit growth of 29.9% in 2016, maintaining a “flexibility to capitalise” on growth opportunities in the sector.
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Mixed fortunes for Global Ports
Russia’s Global Ports Investments saw container throughput slump 19% to 1.1m teu in 2016 due to increases competition and low capacity utilisation.
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NewsIs there a future for Corozal?
Although APM Terminals, Terminal Link, PSA and Terminal Investment Limited all prequalified to the right to bid for the Panamanian port of Corozal, none finally entered a bid for the concession, which was therefore declared void.
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Mazatlán to be expanded
Mexico’s Secretary for Transport and Communications has announced that a tender is to be issued shortly for a $16m expansion of the Port of Mazatlán.
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Chinese linked to Bahia investment
Chinese investors have partnered with Bahia Mineração (Bamin) to build the new Porto Sul in the Brazilian state of Bahia.
