World News – Page 185
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India moves to convert state-owned ports
The Indian shipping ministry has drafted a plan to convert 11 of the 12 state-owned ports into corporate entities in a move which is hoped will bring greater financial freedom, according to a report by news agency Mint.
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Port of Melbourne lease concerns
A bid to push through legislation to lease Australia’s Port of Melbourne has apparently hit a stumbling block, that is according to Australian media reports.
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Controversial lease of Darwin to China
Chinese group, Landbridge, has acquired the controversial lease of Darwin Port in Australia.
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LA approves security and operations grants
The Los Angeles Boat of Harbour Commission has approved three grants from the US Department of Homeland Security’s Federal Emergency Management Agency (FEMA) totalling US$1.8m.
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US ports suffer from ‘identity problem’
US ports have an “identity problem”, according to Capt Chip Jaenichen, the administrator of the US Maritime Administration (MARAD).
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Manta modernisation set for 2016
The President of Ecuador, Rafael Correa, has revealed that modernisation of the Port of Manta will become a reality in 2016. This will form part of the ninety-third anniversary celebrations of the founding of the city.
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APM Terminals chases Itajaí concession extension
APM Terminals has changed tack in its attempt to persuade the Brazilian government to grant it a concession extension at its Port of Itajaí container terminal.
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‘Dramatic changes’ forecast in New Zealand
Fierce competition alongside an increasing prevalence of inland hub developments and supply chain alliances have been predicted in New Zealand’s port sector over the next two decades by Westpac industry economist David Norman.
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Concerns on Darwin’s Chinese concession
While the decision to award Darwin Port’s operational rights to a Chinese company after a bidding process has been largely welcomed, there has been concern at seeing the finer details of the agreement.
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Common NSW rate hike questioned
Plans by the Port Authority of NSW to increase port charges from January 1 have aroused concerns from customers. The authority will increase prices for all vessels in the ports of Sydney Harbour, Port Botany, Port Kembla, Eden and Yamba, in general by 4.7%.
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DP World in Tasmanian deal
DP World and Tasports have announced plans for a new container terminal for Burnie in northern Tasmania, dependent on the federal government easing coastal shipping restrictions which have prevented international vessels calling in Tasmania.
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Global operators vie for Corozal's hand
The Panama Canal Authority has announced that 11 of the world’s largest port operators have expressed interest in the Port of Corozal.
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Greece crippled by port strikes
Inchcape Shipping Services (ISS) has warned of the 24 hour general strike taking place in Greece which will cause disruption to all Greek ports and terminals.
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APMT sets stage for Bahrain IPO
AMP Terminals (APMT) and YBA Kanoo Holdings are planning an initial public offering (IPO) of Bahrain’s Khalifa Bin Salman Port in early 2016.
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DP World buys remaining Southampton terminal stake
DP World has acquired the remaining 49% stake in DP World Southampton from Associated British Ports (ABP) which has made the operator the sole owner of the business.
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PSA launches KCT joint venture
The Kakinada Container Terminal (KCT) joint venture was launched on 5 November at the Trade Meet in Vishakhapatnam, India.
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Livorno announces tender date of December
Livorno Port Authority in Italy will launch the delayed tender process for the design and construction of its new Europa Platform project by the end of December.
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APMT brings in Qingdao at Vado
APM Terminals has brought in experts from the Qingdao Port Group to create a new joint venture for the APM Terminals Vado port project in Italy.
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IPO for Phnom Penh Port
Cambodia’s Phnom Penh Autonomous Port is to list on the local stock market, the company underwriting the issue, Yuanta Securities, have said via their website.
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Buenos Aires' TRP concession in doubt
The head of Argentina''s tax authority (AFIP), Ricardo Echegaray, has asked the courts to withdraw the concession awarded to Terminales Río de la Plata for container berths 1, 2 and 3 at the Port of Buenos Aires.