World News – Page 207
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NewsSpanner in the works
One port deal has thrown off the delicate balance of New Zealand’s cargo movements.
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NewsNorthwest alliance keeps ports competitive
A Northwest Seaport Alliance has been approved by the Federal Maritime Commission (FMC) that will see the ports of Seattle and Tacoma collaborate on future planning to improve infrastructure and productivity.
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NewsGrup TCB acquires Castellón terminal
Grup TCB has bought up the Terminal Polivalente de Castellón (TPC) at the Port of Castellón, part of the operator’s strategic development and growth plan to consolidate its leading position in the Mediterranean.
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NewsCalifornian truck strike
Truckers serving the ports of Los Angeles and Long Beach have gone on strike again over allegations of unfair working practices.
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NewsLA’s zero emissions plan
The Port of LA has released a draft five-year action plan in which it details a steady move towards becoming a zero emissions port and how it will tackle technical and economic challenges to getting greener along the way.
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NewsNo quick fix for US port congestion
Port congestion continues to be a serious problem for economic growth in the US and worryingly a new report suggests there will be no obvious solutions or quick fix to the problem.
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NewsAPM Terminals eyes Greek port concessions
APM Terminals has confirmed that it is interested in buying up the Greek ports of Piraeus and Thessaloniki if they are selected for privatisation following the country’s latest EU bailout.
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NewsSri Lanka formally invites foreign investors
The Sri Lankan government is calling for expressions of interest for foreign investors to operate two new port terminals in a bid to promote the country’s growing maritime industry.
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Japan firms up Dawei support
Thailand, Japan, and Myanmar have agreed to develop the Dawei Special Economic Zone in Myanmar.
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NewsWikiLeaks: Saudi Arabia eyes Arabian Sea port
According to a document recently published on WikiLeaks, authorities in Saudi Arabia are looking for a new access point on the Arabian Sea. This implies either a port in the Sultanate of Oman or in Yemen.
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NewsEIB loans Spain €50m for port efficiency
Spain''s Minister for Economic Development, Ana Pastor, has accepted a loan amounting to €50m from the European Investment Bank (EIB).
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NewsSão Sebastião to offer new container concession
The Brazilian port of São Sebastião is to put out to tender a new terminal requiring investment of $317m as part of a second tranche of concessions being put together by the central government.
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NewsHutch scales back Australian services
Hutchison Ports Australia is to reduce its active bidding for services and reduce the size of offerings to customers, as it repositions after a difficult start-up period in Australia. A memo to business unit managers also announced that there will be employee lay-offs.
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Brookfield pounces on Asciano
Brookfield Infrastructure Group has moved to acquire ports operator Asciano in Australia. Asciano formally confirmed at the end of June it had received a non-binding bid to acquire 100% of its shares at a value of A$9.05 in cash and scrip (representing a fraction of a share).
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NewsEuropean recovery hopes misguided
The upbeat opinions about a strong recovery in the Eurozone, despite the Greek crisis, are out of place, says research consultancy firm, Hackett Associates LLC.
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APM Terminals fined for Callao operations
APM Terminals has been fined a total of $501,399 since 2011 after having failed to fulfil certain conditions contained within its concession contract for its terminal at the North Quay at the Peruvian port of Callao.
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NewsNew terminal for Rotterdam
Sif Group, Verbrugge International and the Port of Rotterdam Authority have signed an agreement in principle for the construction of a new production and storage handling terminal at Maasvlakte 2.
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Mexico adds new terminals to development programme
Two new projects are under study in Mexico and could be added to the 25 already being implemented at a cost of $4.27bn. According to the Transport & Communications Ministry (SCT), a further two bulk terminals are now under consideration in Topolobampo and Veracruz.
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NewsBrazilian government changes rules on concessions
In Brazil, the government has announced a change of rules in respect of its second tranche of port concessions. Instead of the concessionaire being chosen on the basis of the lowest tariff offered to users, winners will be those offering the most money to the government, the so-called “cannon”.
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NewsYusen terminal improvements at Los Angeles
The Port of Los Angeles (POLA) will begin construction on a two-year project to improve the marine container terminal operated by Yusen Terminals LLC, allowing it to handle vessels and move cargo more greenly and efficiently.
