World News – Page 193
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Confusion after MEPs halt progress of ports regulation
Reports of ‘chaos and confusion’ have emerged in Brussels after a crucial vote by MEPs halted the progress of the controversial Port Services Regulation in its tracks.
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APM Terminals closes Cartagena deal
APM Terminals and Columbian-based port and terminal operating company, Compañia de Puertos Asociados S.A., have finalised the incorporation of Cartagena Container Terminal Operator, or CCTO; a new joint venture, which will manage and operate Compas S.A.’s existing multipurpose facility in Cartagena.
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DP World to invest in Russian infrastructure
DP World and the Russian Direct Investment Fund, or RDIF, have launched a new joint venture company targeting ports, transportation and logistics infrastructure in Russia.
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Online platform showcases Antwerp investment opportunities
Investors looking for available locations in the Port of Antwerp can now view a complete list of real estate on offer in the port area via a unique online platform.
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SOHAR celebrates record throughput
SOHAR Port and Freezone has announced its best throughput figures to date, having handled an average of 1m tons per week in 2015.
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Georgia Ports Authority celebrates record container volumes
Georgia Ports Authority achieved record container volumes in 2015, with its flagship Port of Savannah moving a record-breaking 3.73m teu, representing an increase of 391,356 teu, or 11.7%, from 2014.
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Volumes rise at German terminals
The EUROGATE Group increased container handling volumes at its German terminals by 1.5% in 2015, reaching 8.2m teu.
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Finding funding
Financing is not a hurdle to development for most Latin American ports, explains Alex Hughes
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Mixed feelings
Australia''s port privatisation has provoked much debate, find Dave and Iain MacIntyre
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Welcome sight
Publicity stunt or forward planning, the arrival of CMA CGM''s megaship made history, finds Martin Rushmere
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Australian port union leaders must 'get real'
The worsening industrial situation at Australia’s ports has prompted the Australian Logistics Council (ALC) to call on maritime union leaders to “get real” and abandon their “excessive and unsustainable wage and condition claims”.
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New bulk and container terminal for Pisco
Peru''s National Port Authority (APN) has approved the technical report put forward for the construction of the new Terminal Portuario General San Martín in Pisco, which has been put together by concessionaire Terminal Portuario Paracas S.A. (TPP).
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Unions call off Lisbon port strikes
Strikes by stevedores at the Port of Lisbon have been called off, as an agreement has been reached between the port authority and the Stevedores Union of Central and Southern Portugal. The announcement was made by the Maritime Minister, Ana Paula Vitorino, who referred to the deal as “a social ...
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APMT TCB acquisition shuts out Chinese
APM Terminals'' acquisition of the Grup TCB will effectively prevent Cosco or China Merchants establishing a foothold in the Port of Valencia.
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ICHCA announces inaugural innovation in safety award
The International Cargo Handling Co-ordination Association, or ICHCA, has launched a safety award to highlight innovation in improving safety standards in cargo logistics around the world, sponsored by specialist insurance provider TT Club.
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Double record for Port of Antwerp in 2015
The Port of Antwerp not only passed the 2m metric tonne mark for the volume of freight handled for the first time in its history last year, but it also broke another million-ton record in the container handling sector, with a volume of more than 9.6m teu.
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Ports America refocuses its west coast strategy
Committed to market-leading growth, Ports America is currently focusing its business strategies on increasing its West Coast presence through additional investments and expansion of services into new terminals.
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Busan Port Authority on track to handle 20m teu in 2016
Busan Port Authority has announced that it is on track to handle 20m teu of container cargo in 2016, which represents a 2.8% increase on last year.
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Greek workers strike as Cosco bid accepted
Greece is evaluating an improved bid from China’s Cosco for a majority stake in Piraeus Port, as its workers strike in opposition to the privatisation moves.
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ICTSI’s Matadi set for mid-2016 opening
International Container Terminals Services Inc’s new terminal, located at Matadi on the Congo River, is on schedule to commence initial operations in August 2016, with one berth.